Forging Market
Forging Market - Global Industry Assessment & Forecast
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
-
Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
-
Global Forging Market - Segment Analysis
- Overview
- Global Forging Market, 2016 - 2028 (USD Million)
-
Global Forging Market - by Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
-
Global Forging Market - by Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
-
Global Forging Market - by Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
-
Global Forging Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
-
North America Forging Market - Segment Analysis
- Overview
- North America Forging Market, 2016 - 2028 (USD Million)
-
North America Forging Market, by Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
-
North America Forging Market, by Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
-
North America Forging Market, by Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
-
North America Forging Market, by Country
- U.S.
- U.S. Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- U.S. Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- U.S. Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- U.S. Forging Market, By Techniques
- Canada
- Canada Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Canada Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Canada Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Canada Forging Market, By Techniques
- Mexico
- Mexico Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Mexico Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Mexico Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Mexico Forging Market, By Techniques
- U.S.
-
Europe Forging Market - Segment Analysis
- Overview
- Europe Forging Market, 2016 - 2028 (USD Million)
-
Europe Forging Market, by Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
-
Europe Forging Market, by Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
-
Europe Forging Market, by Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
-
Europe Forging Market, by Country
- Germany
- Germany Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Germany Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Germany Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Germany Forging Market, By Techniques
- UK
- UK Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- UK Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- UK Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- UK Market, By Techniques
- France
- France Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- France Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- France Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- France Forging Market, By Techniques
- Spain
- Spain Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Spain Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Spain Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Spain Forging Market, By Techniques
- Italy
- Italy Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Italy Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Italy Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Italy Forging Market, By Techniques
- BENELUX
- BENELUX Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- BENELUX Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- BENELUX Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- BENELUX Forging Market, By Techniques
- Rest of Europe
- Rest Of Europe Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Rest Of Europe Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Rest Of Europe Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Rest Of Europe Forging Market, By Techniques
- Germany
-
Asia Pacific Forging Market - Segment Analysis
- Overview
- Asia Pacific Forging Market, 2016 - 2028 (USD Million)
-
Asia Pacific Forging Market, by Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
-
Asia Pacific Forging Market, by Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
-
Asia Pacific Forging Market, by Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
-
Asia Pacific Forging Market, by Country
- China
- China Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- China Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- China Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- China Forging Market, By Techniques
- Japan
- Japan Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Japan Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Japan Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Japan Forging Market, By Techniques
- India
- India Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- India Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- India Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- India Forging Market, By Techniques
- South Korea
- South Korea Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- South Korea Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- South Korea Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- South Korea Forging Market, By Techniques
- South East Asia
- South East Asia Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- South East Asia Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- South East Asia Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- South East Asia Forging Market, By Techniques
- Rest of Asia Pacific
- Rest of Asia Pacific Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Rest of Asia Pacific Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Rest of Asia Pacific Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Rest of Asia Pacific Forging Market, By Techniques
- China
-
Latin America Forging Market - Segment Analysis
- Overview
- Latin America Forging Market, 2016 - 2028 (USD Million)
-
Latin America Forging Market, by Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
-
Latin America Forging Market, by Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
-
Latin America Forging Market, by Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
-
Latin America Forging Market, by Country
- Brazil
- Brazil Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Brazil Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Brazil Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Brazil Forging Market, By Techniques
- Argentina
- Argentina Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Argentina Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Argentina Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Argentina Forging Market, By Techniques
- Rest of Latin America
- Rest of Latin America Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Rest of Latin America Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Rest of Latin America Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Rest of Latin America Forging Market, By Techniques
- Brazil
-
Middle East & Africa Forging Market - Segment Analysis
- Overview
- Middle East & Africa Forging Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Forging Market, by Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
-
Middle East & Africa Forging Market, by Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
-
Middle East & Africa Forging Market, by Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
-
Middle East & Africa Forging Market, by Country
- GCC Countries
- GCC Countries Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- GCC Countries Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- GCC Countries Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- GCC Countries Forging Market, By Techniques
- South Africa
- South Africa Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- South Africa Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- South Africa Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- South Africa Forging Market, By Techniques
- Rest of Middle East & Africa
- Rest of Middle East & Africa Forging Market, By Techniques
- By Closed Die Forging
- By Open Die Forging
- By Seamless Forging
- Rest of Middle East & Africa Forging Market, By Material Types
- By Nickel-Based Alloys
- By Titanium Alloys
- By Aluminum Alloys
- By Carbon Steel Alloys
- By Other Materials
- Rest of Middle East & Africa Forging Market, By Industries
- By Automotive
- By Aerospace
- By Railway Heavy Equipment
- By Wind Power
- Rest of Middle East & Africa Forging Market, By Techniques
- GCC Countries
-
Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
-
COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
-
Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
-
Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
-
Company Profiles
- 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
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
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.