Forging Market
Forging Market - Global Industry Assessment & Forecast
#
Pages:
146
Base Year:
2022
Jul - 2022
Format:
Report Code:
VMR-1720
Segments Covered
By
Techniques Closed Die Forging, Open Die Forging, Seamless Forging
-
By
Material Types Nickel-Based Alloys, Titanium Alloys, Aluminum Alloys, Carbon Steel Alloys, Other Materials
-
By
Industries Automotive, Aerospace, Railway Heavy Equipment, Wind Power
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 77.48 Billion |
 Revenue 2030:
|
USD 111.88 Billion |
 Revenue CAGR
(2023 - 2030): |
4.70% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Forging Market Segment Analysis
- Forging Techniques Outlook (Revenue, USD Million, 2018 - 2030)
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Forging Material Types Outlook (Revenue, USD Million, 2018 - 2030)
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Forging Industries Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
-
North America Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
-
North America Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- U.S.
- U.S. Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- U.S. Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- U.S. Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- U.S. Forging Market, by Techniques
- Canada
- Canada Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Canada Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Canada Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Canada Forging Market, by Techniques
-
Mexico
- Mexico Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Mexico Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Mexico Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Mexico Forging Market, by Techniques
-
North America Forging Market, by Techniques
- Europe
-
Europe Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
-
Europe Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
-
Europe Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- U. K.
- U.K. Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- U.K. Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- U.K. Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- U.K. Forging Market, by Techniques
- France
- France Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- France Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- France Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- France Forging Market, by Techniques
-
Germany
- Germany Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Germany Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Germany Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Germany Forging Market, by Techniques
-
Italy
- Italy Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Italy Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Italy Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Italy Forging Market, by Techniques
-
Spain
- Spain Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Spain Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Spain Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Spain Forging Market, by Techniques
-
Rest of Europe
- Rest of Europe Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Rest of Europe Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Rest of Europe Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Rest of Europe Forging Market, by Techniques
-
Europe Forging Market, by Techniques
- Asia Pacific
-
Asia Pacific Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
-
Asia Pacific Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
-
Asia Pacific Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- China
- China Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- China Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- China Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- China Forging Market, by Techniques
- Japan
- Japan Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Japan Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Japan Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Japan Forging Market, by Techniques
-
Germany
- Germany Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Germany Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Germany Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Germany Forging Market, by Techniques
-
India
- India Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- India Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- India Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- India Forging Market, by Techniques
-
South Korea
- South Korea Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- South Korea Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- South Korea Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- South Korea Forging Market, by Techniques
-
South East Asia
- South East Asia Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- South East Asia Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- South East Asia Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- South East Asia Forging Market, by Techniques
-
Rest of Asia Pacific
- Rest of Asia Pacific Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Rest of Asia Pacific Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Rest of Asia Pacific Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Rest of Asia Pacific Forging Market, by Techniques
-
Asia Pacific Forging Market, by Techniques
- Latin America
-
Latin America Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
-
Latin America Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
-
Latin America Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Brazil
- Brazil Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Brazil Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Brazil Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Brazil Forging Market, by Techniques
- Argentina
- Argentina Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Argentina Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Argentina Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Argentina Forging Market, by Techniques
-
Rest of Latin America
- Rest of Latin America Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Rest of Latin America Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Rest of Latin America Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Rest of Latin America Forging Market, by Techniques
-
Latin America Forging Market, by Techniques
- Middle East & Africa
-
Middle East & Africa Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
-
Middle East & Africa Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
-
Middle East & Africa Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- GCC Countries
- GCC Countries Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- GCC Countries Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- GCC Countries Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- GCC Countries Forging Market, by Techniques
- South Africa
- South Africa Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- South Africa Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- South Africa Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- South Africa Forging Market, by Techniques
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Forging Market, by Techniques
- Closed Die Forging
- Open Die Forging
- Seamless Forging
- Rest of Middle East & Africa Forging Market, by Material Types
- Nickel-Based Alloys
- Titanium Alloys
- Aluminum Alloys
- Carbon Steel Alloys
- Other Materials
- Rest of Middle East & Africa Forging Market, by Industries
- Automotive
- Aerospace
- Railway Heavy Equipment
- Wind Power
- Rest of Middle East & Africa Forging Market, by Techniques
-
Middle East & Africa Forging Market, by Techniques
- North America
Vantage Market
Research | 21-Jul-2022
FAQ
Frequently Asked Question
What is the global demand for Forging in terms of revenue?
-
The global Forging valued at USD 77.48 Billion in 2022 and is expected to reach USD 111.88 Billion in 2030 growing at a CAGR of 4.70%.
Which are the prominent players in the market?
-
The prominent players in the market are Alcoa Corporation, All Metals & Forge Group, CFS Machinery Co. Ltd, Consolidated Industries Inc., Farinia Group, Fountaintown Forge Inc., Pacific Forge Incorporated, Patriot Forge Co., Precision Castparts Corp., Scot Forge.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Forging include
- Increasing Use of Forged Steel in Automotive Industry
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Forging in 2022.
