Global Metal Forging Market 2024-2028

Description

List of Tables

The metal forging market is forecasted to grow by USD 33291.08 mn during 2023-2028, accelerating at a CAGR of 6.85% during the forecast period. The report on the metal forging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for advanced materials and alloys, increased mergers and acquisitions, and high growth of the construction sector.

Technavio's metal forging market is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	6.53%
CAGR	6.85%
Incremental Value	$33291.08mn

By Material

Carbon steel
Aluminum
Stainless steel
Others

By Application

Automotive
Aerospace and defense
Construction and others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies infrastructure development as one of the prime reasons driving the metal forging market growth during the next few years. Also, technological innovations and the rising need for superior-quality products will lead to sizable demand in the market.

The report on the metal forging market covers the following areas:

Metal forging market sizing
Metal forging market forecast
Metal forging market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metal forging market vendors that include Aichi Steel Corp., Ajax Tocco Magnethermic Corp., Alicon Castalloy Ltd., All Metals and Forge Group, Allegheny Technologies Inc., Aluminum Precision Products, American Axle and Manufacturing Holdings Inc., Asahi Forge Corp., Bharat Forge Ltd., Bruck GmbH, Consolidated Industries Inc., Farinia SA, Fountaintown Forge Inc., Larsen and Toubro Ltd., Mitsubishi Steel Mfg. Co. Ltd., Pacific Forge Inc., Patriot Forge Co., Scot Forge Co., Sumitomo Heavy Industries Ltd., and thyssenkrupp AG. Also, the metal forging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76528

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Material
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global metal forging market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global metal forging market 2018 - 2022 ($ million)
4.2 Material Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Material Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Material

6.1 Market segments
Exhibit 30: Chart on Material - Market share 2023-2028 (%)
Exhibit 31: Data Table on Material - Market share 2023-2028 (%)
6.2 Comparison by Material
Exhibit 32: Chart on Comparison by Material
Exhibit 33: Data Table on Comparison by Material
6.3 Carbon steel - Market size and forecast 2023-2028
Exhibit 34: Chart on Carbon steel - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Carbon steel - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Carbon steel - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Carbon steel - Year-over-year growth 2023-2028 (%)
6.4 Aluminum - Market size and forecast 2023-2028
Exhibit 38: Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Aluminum - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Aluminum - Year-over-year growth 2023-2028 (%)
6.5 Stainless steel - Market size and forecast 2023-2028
Exhibit 42: Chart on Stainless steel - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Stainless steel - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Stainless steel - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Stainless steel - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Material
Exhibit 50: Market opportunity by Material ($ million)
Exhibit 51: Data Table on Market opportunity by Material ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 52: Chart on Application - Market share 2023-2028 (%)
Exhibit 53: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 54: Chart on Comparison by Application
Exhibit 55: Data Table on Comparison by Application
7.3 Automotive - Market size and forecast 2023-2028
Exhibit 56: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Automotive - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
7.4 Aerospace and defense - Market size and forecast 2023-2028
Exhibit 60: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)
7.5 Construction and others - Market size and forecast 2023-2028
Exhibit 64: Chart on Construction and others - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Construction and others - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Construction and others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Construction and others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 68: Market opportunity by Application ($ million)
Exhibit 69: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
Exhibit 111: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Aichi Steel Corp.
Exhibit 123: Aichi Steel Corp. - Overview
Exhibit 124: Aichi Steel Corp. - Business segments
Exhibit 125: Aichi Steel Corp. - Key offerings
Exhibit 126: Aichi Steel Corp. - Segment focus
12.4 Ajax Tocco Magnethermic Corp.
Exhibit 127: Ajax Tocco Magnethermic Corp. - Overview
Exhibit 128: Ajax Tocco Magnethermic Corp. - Product / Service
Exhibit 129: Ajax Tocco Magnethermic Corp. - Key offerings
12.5 Alicon Castalloy Ltd.
Exhibit 130: Alicon Castalloy Ltd. - Overview
Exhibit 131: Alicon Castalloy Ltd. - Product / Service
Exhibit 132: Alicon Castalloy Ltd. - Key offerings
12.6 All Metals and Forge Group
Exhibit 133: All Metals and Forge Group - Overview
Exhibit 134: All Metals and Forge Group - Product / Service
Exhibit 135: All Metals and Forge Group - Key offerings
12.7 Allegheny Technologies Inc.
Exhibit 136: Allegheny Technologies Inc. - Overview
Exhibit 137: Allegheny Technologies Inc. - Business segments
Exhibit 138: Allegheny Technologies Inc. - Key news
Exhibit 139: Allegheny Technologies Inc. - Key offerings
Exhibit 140: Allegheny Technologies Inc. - Segment focus
12.8 Aluminum Precision Products
Exhibit 141: Aluminum Precision Products - Overview
Exhibit 142: Aluminum Precision Products - Product / Service
Exhibit 143: Aluminum Precision Products - Key offerings
12.9 American Axle and Manufacturing Holdings Inc.
Exhibit 144: American Axle and Manufacturing Holdings Inc. - Overview
Exhibit 145: American Axle and Manufacturing Holdings Inc. - Business segments
Exhibit 146: American Axle and Manufacturing Holdings Inc. - Key offerings
Exhibit 147: American Axle and Manufacturing Holdings Inc. - Segment focus
12.10 Asahi Forge Corp.
Exhibit 148: Asahi Forge Corp. - Overview
Exhibit 149: Asahi Forge Corp. - Product / Service
Exhibit 150: Asahi Forge Corp. - Key offerings
12.11 Bharat Forge Ltd.
Exhibit 151: Bharat Forge Ltd. - Overview
Exhibit 152: Bharat Forge Ltd. - Business segments
Exhibit 153: Bharat Forge Ltd. - Key offerings
Exhibit 154: Bharat Forge Ltd. - Segment focus
12.12 Bruck GmbH
Exhibit 155: Bruck GmbH - Overview
Exhibit 156: Bruck GmbH - Product / Service
Exhibit 157: Bruck GmbH - Key offerings
12.13 Consolidated Industries Inc.
Exhibit 158: Consolidated Industries Inc. - Overview
Exhibit 159: Consolidated Industries Inc. - Product / Service
Exhibit 160: Consolidated Industries Inc. - Key offerings
12.14 Farinia SA
Exhibit 161: Farinia SA - Overview
Exhibit 162: Farinia SA - Product / Service
Exhibit 163: Farinia SA - Key offerings
12.15 Fountaintown Forge Inc.
Exhibit 164: Fountaintown Forge Inc. - Overview
Exhibit 165: Fountaintown Forge Inc. - Product / Service
Exhibit 166: Fountaintown Forge Inc. - Key offerings
12.16 Larsen and Toubro Ltd.
Exhibit 167: Larsen and Toubro Ltd. - Overview
Exhibit 168: Larsen and Toubro Ltd. - Business segments
Exhibit 169: Larsen and Toubro Ltd. - Key news
Exhibit 170: Larsen and Toubro Ltd. - Key offerings
Exhibit 171: Larsen and Toubro Ltd. - Segment focus
12.17 Mitsubishi Steel Mfg. Co. Ltd.
Exhibit 172: Mitsubishi Steel Mfg. Co. Ltd. - Overview
Exhibit 173: Mitsubishi Steel Mfg. Co. Ltd. - Business segments
Exhibit 174: Mitsubishi Steel Mfg. Co. Ltd. - Key offerings
Exhibit 175: Mitsubishi Steel Mfg. Co. Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 176: Inclusions checklist
Exhibit 177: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 178: Currency conversion rates for US$
13.4 Research methodology
Exhibit 179: Research methodology
Exhibit 180: Validation techniques employed for market sizing
Exhibit 181: Information sources
13.5 List of abbreviations
Exhibit 182: List of abbreviations