The Automotive Forging market is projected to grow at a CAGR of 5.78% during the forecast period. Automotive forging is a type of hot forming process used to make metal parts for automobiles. In this process, the metal is heated and then molded into the desired shape using a mold. Automotive forgings are usually made of carbon steel, alloy steel, stainless steel, aluminum, copper and titanium. These materials are selected on the basis of strength, durability and wear resistance.
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Company Profile
- Nippon Steel & Sumitomo Metal
- Aichi Steel
- Thyssenkrupp
- Bharat Forge Limited
- KOBELCO
- WanXiang
- Mahindra Forgings Europe
- Farinia Group
- Longcheng Forging
- Sinotruck
- Dongfeng Forging
- Ashok Leyland Limited
- Allegheny Technologies
- VDM Metals
- CITIC Heavy Industries
Market – Segmentation
By Type
- Closed Die Forgings
- Open Die Forgings
- Rolled Rings Forgings
By Application
- Powertrain Components
- Chassis Components
- Transmission Parts
- Other Parts
Scope of the Report
The research study analyzes the Automotive Forgings Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Forgings Market Report
- What was the Automotive Forgings Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Automotive Forgings Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automotive Forgings Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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