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Forging is a manufacturing process involving the shaping of metal using localized compressive forces. The blows are delivered with a hammer (often a power hammer) or a die. Forging is often classified according to the temperature at which it is performed: cold forging (a type of cold working), warm forging, or hot forging (a type of hot working). For the latter two, the metal is heated, usually in a forge. Forged parts can range in weight from less than a kilogram to hundreds of metric tons. Forging has been done by smiths for millennia; the traditional products were kitchenware, hardware, hand tools, edged weapons, cymbals, and jewellery. Since the Industrial Revolution, forged parts are widely used in mechanisms and machines wherever a component requires high strength; such forgings usually require further processing (such as machining) to achieve a finished part. Today, forging is a major worldwide industry.
According to our latest study, the global Forging market size was valued at USD 84370 million in 2022 and is forecast to a readjusted size of USD 119290 million by 2029 with a CAGR of 5.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Forging key players include Precision Castparts Corp, Arconic, Thyssenkrupp, KOBELCO, Nippon Steel & Sumitomo Metal, etc. Global top five manufacturers hold a share about 15%. China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Closed Die Forgings is the largest segment, with a share about 80%. And in terms of application, the largest application is Automotive, followed by General Industrial, Aerospace, Agricultural, etc.
This report is a detailed and comprehensive analysis for global Forging market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Forging market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Forging market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Forging market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Forging market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Forging
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Forging market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM and Bharat Forge, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Forging market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Closed Die Forgings
Open Die Forgings
Rolled Rings Forgings
Market segment by Application
Automotive
Aerospace
Agricultural
General Industrial
Other
Major players covered
Nippon Steel & Sumitomo Metal
Aichi Steel
Thyssenkrupp
AAM
Bharat Forge
KOBELCO
WanXiang
FAW
Arconic
Mahindra Forgings Europe
Farinia
Longcheng Forging
Sinotruck
Dongfeng Forging
Jiangsu Pacific Precision Forging
Sypris Solutions
Ashok Leyland
Allegheny Technologies
VDM Metals
CITIC Heavy Industries
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Forging product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Forging, with price, sales, revenue and global market share of Forging from 2018 to 2023.
Chapter 3, the Forging competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Forging breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Forging market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Forging.
Chapter 14 and 15, to describe Forging sales channel, distributors, customers, research findings and conclusion.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Market Overview
1.1 Product Overview and Scope of Forging
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Forging Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Closed Die Forgings
1.3.3 Open Die Forgings
1.3.4 Rolled Rings Forgings
1.4 Market Analysis by Application
1.4.1 Overview: Global Forging Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Automotive
1.4.3 Aerospace
1.4.4 Agricultural
1.4.5 General Industrial
1.4.6 Other
1.5 Global Forging Market Size & Forecast
1.5.1 Global Forging Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Forging Sales Quantity (2018-2029)
1.5.3 Global Forging Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Nippon Steel & Sumitomo Metal
2.1.1 Nippon Steel & Sumitomo Metal Details
2.1.2 Nippon Steel & Sumitomo Metal Major Business
2.1.3 Nippon Steel & Sumitomo Metal Forging Product and Services
2.1.4 Nippon Steel & Sumitomo Metal Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Nippon Steel & Sumitomo Metal Recent Developments/Updates
2.2 Aichi Steel
2.2.1 Aichi Steel Details
2.2.2 Aichi Steel Major Business
2.2.3 Aichi Steel Forging Product and Services
2.2.4 Aichi Steel Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Aichi Steel Recent Developments/Updates
2.3 Thyssenkrupp
2.3.1 Thyssenkrupp Details
2.3.2 Thyssenkrupp Major Business
2.3.3 Thyssenkrupp Forging Product and Services
2.3.4 Thyssenkrupp Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Thyssenkrupp Recent Developments/Updates
2.4 AAM
2.4.1 AAM Details
2.4.2 AAM Major Business
2.4.3 AAM Forging Product and Services
2.4.4 AAM Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 AAM Recent Developments/Updates
2.5 Bharat Forge
2.5.1 Bharat Forge Details
2.5.2 Bharat Forge Major Business
2.5.3 Bharat Forge Forging Product and Services
2.5.4 Bharat Forge Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Bharat Forge Recent Developments/Updates
2.6 KOBELCO
2.6.1 KOBELCO Details
2.6.2 KOBELCO Major Business
2.6.3 KOBELCO Forging Product and Services
2.6.4 KOBELCO Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 KOBELCO Recent Developments/Updates
2.7 WanXiang
2.7.1 WanXiang Details
2.7.2 WanXiang Major Business
2.7.3 WanXiang Forging Product and Services
2.7.4 WanXiang Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 WanXiang Recent Developments/Updates
2.8 FAW
2.8.1 FAW Details
2.8.2 FAW Major Business
2.8.3 FAW Forging Product and Services
2.8.4 FAW Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 FAW Recent Developments/Updates
2.9 Arconic
2.9.1 Arconic Details
2.9.2 Arconic Major Business
2.9.3 Arconic Forging Product and Services
2.9.4 Arconic Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Arconic Recent Developments/Updates
2.10 Mahindra Forgings Europe
2.10.1 Mahindra Forgings Europe Details
2.10.2 Mahindra Forgings Europe Major Business
2.10.3 Mahindra Forgings Europe Forging Product and Services
2.10.4 Mahindra Forgings Europe Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Mahindra Forgings Europe Recent Developments/Updates
2.11 Farinia
2.11.1 Farinia Details
2.11.2 Farinia Major Business
2.11.3 Farinia Forging Product and Services
2.11.4 Farinia Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Farinia Recent Developments/Updates
2.12 Longcheng Forging
2.12.1 Longcheng Forging Details
2.12.2 Longcheng Forging Major Business
2.12.3 Longcheng Forging Forging Product and Services
2.12.4 Longcheng Forging Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Longcheng Forging Recent Developments/Updates
2.13 Sinotruck
2.13.1 Sinotruck Details
2.13.2 Sinotruck Major Business
2.13.3 Sinotruck Forging Product and Services
2.13.4 Sinotruck Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Sinotruck Recent Developments/Updates
2.14 Dongfeng Forging
2.14.1 Dongfeng Forging Details
2.14.2 Dongfeng Forging Major Business
2.14.3 Dongfeng Forging Forging Product and Services
2.14.4 Dongfeng Forging Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Dongfeng Forging Recent Developments/Updates
2.15 Jiangsu Pacific Precision Forging
2.15.1 Jiangsu Pacific Precision Forging Details
2.15.2 Jiangsu Pacific Precision Forging Major Business
2.15.3 Jiangsu Pacific Precision Forging Forging Product and Services
2.15.4 Jiangsu Pacific Precision Forging Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Jiangsu Pacific Precision Forging Recent Developments/Updates
2.16 Sypris Solutions
2.16.1 Sypris Solutions Details
2.16.2 Sypris Solutions Major Business
2.16.3 Sypris Solutions Forging Product and Services
2.16.4 Sypris Solutions Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Sypris Solutions Recent Developments/Updates
2.17 Ashok Leyland
2.17.1 Ashok Leyland Details
2.17.2 Ashok Leyland Major Business
2.17.3 Ashok Leyland Forging Product and Services
2.17.4 Ashok Leyland Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.17.5 Ashok Leyland Recent Developments/Updates
2.18 Allegheny Technologies
2.18.1 Allegheny Technologies Details
2.18.2 Allegheny Technologies Major Business
2.18.3 Allegheny Technologies Forging Product and Services
2.18.4 Allegheny Technologies Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.18.5 Allegheny Technologies Recent Developments/Updates
2.19 VDM Metals
2.19.1 VDM Metals Details
2.19.2 VDM Metals Major Business
2.19.3 VDM Metals Forging Product and Services
2.19.4 VDM Metals Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.19.5 VDM Metals Recent Developments/Updates
2.20 CITIC Heavy Industries
2.20.1 CITIC Heavy Industries Details
2.20.2 CITIC Heavy Industries Major Business
2.20.3 CITIC Heavy Industries Forging Product and Services
2.20.4 CITIC Heavy Industries Forging Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.20.5 CITIC Heavy Industries Recent Developments/Updates
3 Competitive Environment: Forging by Manufacturer
3.1 Global Forging Sales Quantity by Manufacturer (2018-2023)
3.2 Global Forging Revenue by Manufacturer (2018-2023)
3.3 Global Forging Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Forging by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Forging Manufacturer Market Share in 2022
3.4.2 Top 6 Forging Manufacturer Market Share in 2022
3.5 Forging Market: Overall Company Footprint Analysis
3.5.1 Forging Market: Region Footprint
3.5.2 Forging Market: Company Product Type Footprint
3.5.3 Forging Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Forging Market Size by Region
4.1.1 Global Forging Sales Quantity by Region (2018-2029)
4.1.2 Global Forging Consumption Value by Region (2018-2029)
4.1.3 Global Forging Average Price by Region (2018-2029)
4.2 North America Forging Consumption Value (2018-2029)
4.3 Europe Forging Consumption Value (2018-2029)
4.4 Asia-Pacific Forging Consumption Value (2018-2029)
4.5 South America Forging Consumption Value (2018-2029)
4.6 Middle East and Africa Forging Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Forging Sales Quantity by Type (2018-2029)
5.2 Global Forging Consumption Value by Type (2018-2029)
5.3 Global Forging Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Forging Sales Quantity by Application (2018-2029)
6.2 Global Forging Consumption Value by Application (2018-2029)
6.3 Global Forging Average Price by Application (2018-2029)
7 North America
7.1 North America Forging Sales Quantity by Type (2018-2029)
7.2 North America Forging Sales Quantity by Application (2018-2029)
7.3 North America Forging Market Size by Country
7.3.1 North America Forging Sales Quantity by Country (2018-2029)
7.3.2 North America Forging Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Forging Sales Quantity by Type (2018-2029)
8.2 Europe Forging Sales Quantity by Application (2018-2029)
8.3 Europe Forging Market Size by Country
8.3.1 Europe Forging Sales Quantity by Country (2018-2029)
8.3.2 Europe Forging Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Forging Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Forging Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Forging Market Size by Region
9.3.1 Asia-Pacific Forging Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Forging Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Forging Sales Quantity by Type (2018-2029)
10.2 South America Forging Sales Quantity by Application (2018-2029)
10.3 South America Forging Market Size by Country
10.3.1 South America Forging Sales Quantity by Country (2018-2029)
10.3.2 South America Forging Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Forging Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Forging Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Forging Market Size by Country
11.3.1 Middle East & Africa Forging Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Forging Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Forging Market Drivers
12.2 Forging Market Restraints
12.3 Forging Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Forging and Key Manufacturers
13.2 Manufacturing Costs Percentage of Forging
13.3 Forging Production Process
13.4 Forging Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Forging Typical Distributors
14.3 Forging Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
List of Tables
Table 1. Global Forging Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Forging Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Nippon Steel & Sumitomo Metal Basic Information, Manufacturing Base and Competitors
Table 4. Nippon Steel & Sumitomo Metal Major Business
Table 5. Nippon Steel & Sumitomo Metal Forging Product and Services
Table 6. Nippon Steel & Sumitomo Metal Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 7. Nippon Steel & Sumitomo Metal Recent Developments/Updates
Table 8. Aichi Steel Basic Information, Manufacturing Base and Competitors
Table 9. Aichi Steel Major Business
Table 10. Aichi Steel Forging Product and Services
Table 11. Aichi Steel Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 12. Aichi Steel Recent Developments/Updates
Table 13. Thyssenkrupp Basic Information, Manufacturing Base and Competitors
Table 14. Thyssenkrupp Major Business
Table 15. Thyssenkrupp Forging Product and Services
Table 16. Thyssenkrupp Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 17. Thyssenkrupp Recent Developments/Updates
Table 18. AAM Basic Information, Manufacturing Base and Competitors
Table 19. AAM Major Business
Table 20. AAM Forging Product and Services
Table 21. AAM Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 22. AAM Recent Developments/Updates
Table 23. Bharat Forge Basic Information, Manufacturing Base and Competitors
Table 24. Bharat Forge Major Business
Table 25. Bharat Forge Forging Product and Services
Table 26. Bharat Forge Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 27. Bharat Forge Recent Developments/Updates
Table 28. KOBELCO Basic Information, Manufacturing Base and Competitors
Table 29. KOBELCO Major Business
Table 30. KOBELCO Forging Product and Services
Table 31. KOBELCO Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 32. KOBELCO Recent Developments/Updates
Table 33. WanXiang Basic Information, Manufacturing Base and Competitors
Table 34. WanXiang Major Business
Table 35. WanXiang Forging Product and Services
Table 36. WanXiang Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 37. WanXiang Recent Developments/Updates
Table 38. FAW Basic Information, Manufacturing Base and Competitors
Table 39. FAW Major Business
Table 40. FAW Forging Product and Services
Table 41. FAW Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 42. FAW Recent Developments/Updates
Table 43. Arconic Basic Information, Manufacturing Base and Competitors
Table 44. Arconic Major Business
Table 45. Arconic Forging Product and Services
Table 46. Arconic Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 47. Arconic Recent Developments/Updates
Table 48. Mahindra Forgings Europe Basic Information, Manufacturing Base and Competitors
Table 49. Mahindra Forgings Europe Major Business
Table 50. Mahindra Forgings Europe Forging Product and Services
Table 51. Mahindra Forgings Europe Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 52. Mahindra Forgings Europe Recent Developments/Updates
Table 53. Farinia Basic Information, Manufacturing Base and Competitors
Table 54. Farinia Major Business
Table 55. Farinia Forging Product and Services
Table 56. Farinia Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 57. Farinia Recent Developments/Updates
Table 58. Longcheng Forging Basic Information, Manufacturing Base and Competitors
Table 59. Longcheng Forging Major Business
Table 60. Longcheng Forging Forging Product and Services
Table 61. Longcheng Forging Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 62. Longcheng Forging Recent Developments/Updates
Table 63. Sinotruck Basic Information, Manufacturing Base and Competitors
Table 64. Sinotruck Major Business
Table 65. Sinotruck Forging Product and Services
Table 66. Sinotruck Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 67. Sinotruck Recent Developments/Updates
Table 68. Dongfeng Forging Basic Information, Manufacturing Base and Competitors
Table 69. Dongfeng Forging Major Business
Table 70. Dongfeng Forging Forging Product and Services
Table 71. Dongfeng Forging Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 72. Dongfeng Forging Recent Developments/Updates
Table 73. Jiangsu Pacific Precision Forging Basic Information, Manufacturing Base and Competitors
Table 74. Jiangsu Pacific Precision Forging Major Business
Table 75. Jiangsu Pacific Precision Forging Forging Product and Services
Table 76. Jiangsu Pacific Precision Forging Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 77. Jiangsu Pacific Precision Forging Recent Developments/Updates
Table 78. Sypris Solutions Basic Information, Manufacturing Base and Competitors
Table 79. Sypris Solutions Major Business
Table 80. Sypris Solutions Forging Product and Services
Table 81. Sypris Solutions Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 82. Sypris Solutions Recent Developments/Updates
Table 83. Ashok Leyland Basic Information, Manufacturing Base and Competitors
Table 84. Ashok Leyland Major Business
Table 85. Ashok Leyland Forging Product and Services
Table 86. Ashok Leyland Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 87. Ashok Leyland Recent Developments/Updates
Table 88. Allegheny Technologies Basic Information, Manufacturing Base and Competitors
Table 89. Allegheny Technologies Major Business
Table 90. Allegheny Technologies Forging Product and Services
Table 91. Allegheny Technologies Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 92. Allegheny Technologies Recent Developments/Updates
Table 93. VDM Metals Basic Information, Manufacturing Base and Competitors
Table 94. VDM Metals Major Business
Table 95. VDM Metals Forging Product and Services
Table 96. VDM Metals Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 97. VDM Metals Recent Developments/Updates
Table 98. CITIC Heavy Industries Basic Information, Manufacturing Base and Competitors
Table 99. CITIC Heavy Industries Major Business
Table 100. CITIC Heavy Industries Forging Product and Services
Table 101. CITIC Heavy Industries Forging Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 102. CITIC Heavy Industries Recent Developments/Updates
Table 103. Global Forging Sales Quantity by Manufacturer (2018-2023) & (K MT)
Table 104. Global Forging Revenue by Manufacturer (2018-2023) & (USD Million)
Table 105. Global Forging Average Price by Manufacturer (2018-2023) & (USD/MT)
Table 106. Market Position of Manufacturers in Forging, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 107. Head Office and Forging Production Site of Key Manufacturer
Table 108. Forging Market: Company Product Type Footprint
Table 109. Forging Market: Company Product Application Footprint
Table 110. Forging New Market Entrants and Barriers to Market Entry
Table 111. Forging Mergers, Acquisition, Agreements, and Collaborations
Table 112. Global Forging Sales Quantity by Region (2018-2023) & (K MT)
Table 113. Global Forging Sales Quantity by Region (2024-2029) & (K MT)
Table 114. Global Forging Consumption Value by Region (2018-2023) & (USD Million)
Table 115. Global Forging Consumption Value by Region (2024-2029) & (USD Million)
Table 116. Global Forging Average Price by Region (2018-2023) & (USD/MT)
Table 117. Global Forging Average Price by Region (2024-2029) & (USD/MT)
Table 118. Global Forging Sales Quantity by Type (2018-2023) & (K MT)
Table 119. Global Forging Sales Quantity by Type (2024-2029) & (K MT)
Table 120. Global Forging Consumption Value by Type (2018-2023) & (USD Million)
Table 121. Global Forging Consumption Value by Type (2024-2029) & (USD Million)
Table 122. Global Forging Average Price by Type (2018-2023) & (USD/MT)
Table 123. Global Forging Average Price by Type (2024-2029) & (USD/MT)
Table 124. Global Forging Sales Quantity by Application (2018-2023) & (K MT)
Table 125. Global Forging Sales Quantity by Application (2024-2029) & (K MT)
Table 126. Global Forging Consumption Value by Application (2018-2023) & (USD Million)
Table 127. Global Forging Consumption Value by Application (2024-2029) & (USD Million)
Table 128. Global Forging Average Price by Application (2018-2023) & (USD/MT)
Table 129. Global Forging Average Price by Application (2024-2029) & (USD/MT)
Table 130. North America Forging Sales Quantity by Type (2018-2023) & (K MT)
Table 131. North America Forging Sales Quantity by Type (2024-2029) & (K MT)
Table 132. North America Forging Sales Quantity by Application (2018-2023) & (K MT)
Table 133. North America Forging Sales Quantity by Application (2024-2029) & (K MT)
Table 134. North America Forging Sales Quantity by Country (2018-2023) & (K MT)
Table 135. North America Forging Sales Quantity by Country (2024-2029) & (K MT)
Table 136. North America Forging Consumption Value by Country (2018-2023) & (USD Million)
Table 137. North America Forging Consumption Value by Country (2024-2029) & (USD Million)
Table 138. Europe Forging Sales Quantity by Type (2018-2023) & (K MT)
Table 139. Europe Forging Sales Quantity by Type (2024-2029) & (K MT)
Table 140. Europe Forging Sales Quantity by Application (2018-2023) & (K MT)
Table 141. Europe Forging Sales Quantity by Application (2024-2029) & (K MT)
Table 142. Europe Forging Sales Quantity by Country (2018-2023) & (K MT)
Table 143. Europe Forging Sales Quantity by Country (2024-2029) & (K MT)
Table 144. Europe Forging Consumption Value by Country (2018-2023) & (USD Million)
Table 145. Europe Forging Consumption Value by Country (2024-2029) & (USD Million)
Table 146. Asia-Pacific Forging Sales Quantity by Type (2018-2023) & (K MT)
Table 147. Asia-Pacific Forging Sales Quantity by Type (2024-2029) & (K MT)
Table 148. Asia-Pacific Forging Sales Quantity by Application (2018-2023) & (K MT)
Table 149. Asia-Pacific Forging Sales Quantity by Application (2024-2029) & (K MT)
Table 150. Asia-Pacific Forging Sales Quantity by Region (2018-2023) & (K MT)
Table 151. Asia-Pacific Forging Sales Quantity by Region (2024-2029) & (K MT)
Table 152. Asia-Pacific Forging Consumption Value by Region (2018-2023) & (USD Million)
Table 153. Asia-Pacific Forging Consumption Value by Region (2024-2029) & (USD Million)
Table 154. South America Forging Sales Quantity by Type (2018-2023) & (K MT)
Table 155. South America Forging Sales Quantity by Type (2024-2029) & (K MT)
Table 156. South America Forging Sales Quantity by Application (2018-2023) & (K MT)
Table 157. South America Forging Sales Quantity by Application (2024-2029) & (K MT)
Table 158. South America Forging Sales Quantity by Country (2018-2023) & (K MT)
Table 159. South America Forging Sales Quantity by Country (2024-2029) & (K MT)
Table 160. South America Forging Consumption Value by Country (2018-2023) & (USD Million)
Table 161. South America Forging Consumption Value by Country (2024-2029) & (USD Million)
Table 162. Middle East & Africa Forging Sales Quantity by Type (2018-2023) & (K MT)
Table 163. Middle East & Africa Forging Sales Quantity by Type (2024-2029) & (K MT)
Table 164. Middle East & Africa Forging Sales Quantity by Application (2018-2023) & (K MT)
Table 165. Middle East & Africa Forging Sales Quantity by Application (2024-2029) & (K MT)
Table 166. Middle East & Africa Forging Sales Quantity by Region (2018-2023) & (K MT)
Table 167. Middle East & Africa Forging Sales Quantity by Region (2024-2029) & (K MT)
Table 168. Middle East & Africa Forging Consumption Value by Region (2018-2023) & (USD Million)
Table 169. Middle East & Africa Forging Consumption Value by Region (2024-2029) & (USD Million)
Table 170. Forging Raw Material
Table 171. Key Manufacturers of Forging Raw Materials
Table 172. Forging Typical Distributors
Table 173. Forging Typical Customers
List of Figures
Figure 1. Forging Picture
Figure 2. Global Forging Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Forging Consumption Value Market Share by Type in 2022
Figure 4. Closed Die Forgings Examples
Figure 5. Open Die Forgings Examples
Figure 6. Rolled Rings Forgings Examples
Figure 7. Global Forging Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 8. Global Forging Consumption Value Market Share by Application in 2022
Figure 9. Automotive Examples
Figure 10. Aerospace Examples
Figure 11. Agricultural Examples
Figure 12. General Industrial Examples
Figure 13. Other Examples
Figure 14. Global Forging Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 15. Global Forging Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 16. Global Forging Sales Quantity (2018-2029) & (K MT)
Figure 17. Global Forging Average Price (2018-2029) & (USD/MT)
Figure 18. Global Forging Sales Quantity Market Share by Manufacturer in 2022
Figure 19. Global Forging Consumption Value Market Share by Manufacturer in 2022
Figure 20. Producer Shipments of Forging by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
Figure 21. Top 3 Forging Manufacturer (Consumption Value) Market Share in 2022
Figure 22. Top 6 Forging Manufacturer (Consumption Value) Market Share in 2022
Figure 23. Global Forging Sales Quantity Market Share by Region (2018-2029)
Figure 24. Global Forging Consumption Value Market Share by Region (2018-2029)
Figure 25. North America Forging Consumption Value (2018-2029) & (USD Million)
Figure 26. Europe Forging Consumption Value (2018-2029) & (USD Million)
Figure 27. Asia-Pacific Forging Consumption Value (2018-2029) & (USD Million)
Figure 28. South America Forging Consumption Value (2018-2029) & (USD Million)
Figure 29. Middle East & Africa Forging Consumption Value (2018-2029) & (USD Million)
Figure 30. Global Forging Sales Quantity Market Share by Type (2018-2029)
Figure 31. Global Forging Consumption Value Market Share by Type (2018-2029)
Figure 32. Global Forging Average Price by Type (2018-2029) & (USD/MT)
Figure 33. Global Forging Sales Quantity Market Share by Application (2018-2029)
Figure 34. Global Forging Consumption Value Market Share by Application (2018-2029)
Figure 35. Global Forging Average Price by Application (2018-2029) & (USD/MT)
Figure 36. North America Forging Sales Quantity Market Share by Type (2018-2029)
Figure 37. North America Forging Sales Quantity Market Share by Application (2018-2029)
Figure 38. North America Forging Sales Quantity Market Share by Country (2018-2029)
Figure 39. North America Forging Consumption Value Market Share by Country (2018-2029)
Figure 40. United States Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 41. Canada Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 42. Mexico Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 43. Europe Forging Sales Quantity Market Share by Type (2018-2029)
Figure 44. Europe Forging Sales Quantity Market Share by Application (2018-2029)
Figure 45. Europe Forging Sales Quantity Market Share by Country (2018-2029)
Figure 46. Europe Forging Consumption Value Market Share by Country (2018-2029)
Figure 47. Germany Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 48. France Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 49. United Kingdom Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 50. Russia Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 51. Italy Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 52. Asia-Pacific Forging Sales Quantity Market Share by Type (2018-2029)
Figure 53. Asia-Pacific Forging Sales Quantity Market Share by Application (2018-2029)
Figure 54. Asia-Pacific Forging Sales Quantity Market Share by Region (2018-2029)
Figure 55. Asia-Pacific Forging Consumption Value Market Share by Region (2018-2029)
Figure 56. China Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 57. Japan Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 58. Korea Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 59. India Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 60. Southeast Asia Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 61. Australia Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 62. South America Forging Sales Quantity Market Share by Type (2018-2029)
Figure 63. South America Forging Sales Quantity Market Share by Application (2018-2029)
Figure 64. South America Forging Sales Quantity Market Share by Country (2018-2029)
Figure 65. South America Forging Consumption Value Market Share by Country (2018-2029)
Figure 66. Brazil Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 67. Argentina Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 68. Middle East & Africa Forging Sales Quantity Market Share by Type (2018-2029)
Figure 69. Middle East & Africa Forging Sales Quantity Market Share by Application (2018-2029)
Figure 70. Middle East & Africa Forging Sales Quantity Market Share by Region (2018-2029)
Figure 71. Middle East & Africa Forging Consumption Value Market Share by Region (2018-2029)
Figure 72. Turkey Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 73. Egypt Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 74. Saudi Arabia Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 75. South Africa Forging Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 76. Forging Market Drivers
Figure 77. Forging Market Restraints
Figure 78. Forging Market Trends
Figure 79. Porters Five Forces Analysis
Figure 80. Manufacturing Cost Structure Analysis of Forging in 2022
Figure 81. Manufacturing Process Analysis of Forging
Figure 82. Forging Industrial Chain
Figure 83. Sales Quantity Channel: Direct to End-User vs Distributors
Figure 84. Direct Channel Pros & Cons
Figure 85. Indirect Channel Pros & Cons
Figure 86. Methodology
Figure 87. Research Process and Data Source
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