Reports


TBIQYR5073-Global Forging Market Research Report 2019

  • TBI830392
  • February 11, 2019
  • Global
  • 102 pages
  • QY Market Research
                                              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.
The global average price of automotive forging products is in the decreasing trend, from 2271 USD/MT in 2013 to 2164 USD/MT in 2017. With the situation of raw material, prices will be in increasing trend in the following five years. In terms of raw material, the segments of the global automotive forging market include aluminum, copper/brass/bronze, low-carbon & low-alloy steels, special alloy steel, stainless steel.

The segments of the global automotive forging market on the basis of type are closed die, open die, and rolled rings. Amongst them, the segment of closed die dominates in terms of revenue and the trend is expected to continue over the forecast period. This is due to the par excellence performance and finish of products that are obtained using this process. 

The key application segments of the global automotive forging market covered in this report are powertrain components, chassis components, transmission parts and other part. Amongst all, powertrain components are the leading application segment of the market. The leading share of the powertrain components segment is ascribed to the expansion of the automobile industry to cater to the high demand for automobiles. The powertrain components segment held almost 48.21% of the global automotive forging market in terms of volume in 2017.

Geography-wise, the global automotive forging market is segmented into North America, Europe, Asia Pacific (China, India, Japan, etc.).  In the years ahead, Asia Pacific is expected to display the leading growth amongst other key regions. The growth of the region is mainly driven by the development of automotive industries. Emerging economies of the region are major consumers of forged metal for the rising urbanization and industrialization in these regions.

The capital-intensive nature of the global automotive forging market accounts for the clear dominance of well-entrenched players that operate in international markets. This poses challenge for small players that compete with large players with respect to quality, features, functionalities, and services. The use of newer technologies by large players to add qualitative value to existing products will further add to the woes of small players.


The global Forging market is valued at 38000 million US$ in 2018 is expected to reach 57900 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2019-2025.
This report focuses on Forging volume and value at global level, regional level and company level. From a global perspective, this report represents overall Forging market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Nippon Steel & Sumitomo Metal
    Aichi Steel
    Thyssenkrupp
    AAM
    Bharat Forge Limited
    KOBELCO
    WanXiang
    FAW
    Arconic
    Mahindra Forgings Europe
    Farinia Group
    Longcheng Forging
    Sinotruck
    Dongfeng Forging
    Jiangsu Pacific Precision Forging
    Sypris Solutions
    Ashok Leyland Limited
    Allegheny Technologies
    VDM Metals
    CITIC Heavy Industries

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Closed Die Forgings
    Open Die Forgings
    Rolled Rings Forgings

Segment by Application
    Powertrain Components
    Chassis Components
    Transmission Parts
    Other Parts
 

Table of Contents

Executive Summary
1 Forging Market Overview
    1.1 Product Overview and Scope of Forging
    1.2 Forging Segment by Type
        1.2.1 Global Forging Production Growth Rate Comparison by Type (2014-2025)
        1.2.2 Closed Die Forgings
        1.2.3 Open Die Forgings
        1.2.4 Rolled Rings Forgings
    1.3 Forging Segment by Application
        1.3.1 Forging Consumption Comparison by Application (2014-2025)
        1.3.2 Powertrain Components
        1.3.3 Chassis Components
        1.3.4 Transmission Parts
        1.3.5 Other Parts
    1.3 Global Forging Market by Region
        1.3.1 Global Forging Market Size Region
        1.3.2 North America Status and Prospect (2014-2025)
        1.3.3 Europe Status and Prospect (2014-2025)
        1.3.4 China Status and Prospect (2014-2025)
        1.3.5 Japan Status and Prospect (2014-2025)
        1.3.6 Southeast Asia Status and Prospect (2014-2025)
        1.3.7 India Status and Prospect (2014-2025)
    1.4 Global Forging Market Size
        1.4.1 Global Forging Revenue (2014-2025)
        1.4.2 Global Forging Production (2014-2025)

2 Global Forging Market Competition by Manufacturers
    2.1 Global Forging Production Market Share by Manufacturers (2014-2019)
    2.2 Global Forging Revenue Share by Manufacturers (2014-2019)
    2.3 Global Forging Average Price by Manufacturers (2014-2019)
    2.4 Manufacturers Forging Production Sites, Area Served, Product Types
    2.5 Forging Market Competitive Situation and Trends
        2.5.1 Forging Market Concentration Rate
        2.5.2 Forging Market Share of Top 3 and Top 5 Manufacturers
        2.5.3 Mergers & Acquisitions, Expansion

3 Global Forging Production Market Share by Regions
    3.1 Global Forging Production Market Share by Regions
    3.2 Global Forging Revenue Market Share by Regions (2014-2019)
    3.3 Global Forging Production, Revenue, Price and Gross Margin (2014-2019)
    3.4 North America Forging Production
        3.4.1 North America Forging Production Growth Rate (2014-2019)
        3.4.2 North ...
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