Forging is manufacturing process, for shaping of metal by applying compressive forces with the related equipment. Automotive industry depends significantly on steel forged automotive components owning to increasing vehicle production.
The global market for Forged Automotive Component was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

2024 Market Report by QYResearch “Forged Automotive Component - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030” provides an extensive examination of Forged Automotive Component market attributes, size assessments, and growth projections through segmentation, regional analyses, and country-specific insights, alongside a scrutiny of the competitive landscape, player market shares, and essential business strategies. This inquiry delivers a thorough perspective with valuable insights, accentuating noteworthy outcomes in the industry. These insights empower corporate leaders to formulate improved business strategies and make more astute decisions, ultimately enhancing profitability. Furthermore, the study assists private or venture participants in gaining a deep understanding of businesses, enabling them to make well-informed choices.

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The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Forged Automotive Component market is segmented as below:

By Company

Kalyani
Om Forge
Super Auto Forge Private
GAZ
TBK
El Forge
Schweiger fulpmes
Nippon Steel & Sumitomo Metal
Thyssenkrupp Forging
Agrasen Engineering Industries
Advance Forgings
SDF Automotive
Happy Forgings
Indo Schottle Auto Parts
Mueller Brass

Segment by Type

Gears
Crankshaft
Axle
Bearing
Piston
Steering Knuckle

Segment by Application

Heavy Commercial Vehicles
Light Commercial Vehicles
Passenger Vehicles

The Forged Automotive Component Market Size and Industry Challenges :

The research provides specific information on market share for the industry and Forged Automotive Component issues.

By examining the market size, businesses may be better equipped to understand the overall development and decrease of the Forged Automotive Component.

Using a range of findings, the Forged Automotive Component Market Research analyses industry challenges.

The final draught describes the broad issues the sector is facing as well as the impacted businesses.

The global Forged Automotive Component market is divided into categories based on type, region, and application.

Reasons to Purchase the Forged Automotive Component Market Report :

It aids start-up businesses in locating new customers while preventing failure.

With the aid of this study, you will be able to contrast each company in the sector and have a thorough understanding of the Forged Automotive Component Market.

Makes it simpler to make informed business decisions by taking into account all of the data shown in the report.

Table of Contents

1 Forged Automotive Component Market Overview

1.1 Forged Automotive Component Product Overview

1.2 Forged Automotive Component Market by Type

1.3 Global Forged Automotive Component Market Size by Type

1.3.1 Global Forged Automotive Component Market Size Overview by Type (2019-2030)

1.3.2 Global Forged Automotive Component Historic Market Size Review by Type (2019-2024)

1.3.3 Global Forged Automotive Component Forecasted Market Size by Type (2025-2030)

1.4 Key Regions Market Size by Type

1.4.1 North America Forged Automotive Component Sales Breakdown by Type (2019-2024)

1.4.2 Europe Forged Automotive Component Sales Breakdown by Type (2019-2024)

1.4.3 Asia-Pacific Forged Automotive Component Sales Breakdown by Type (2019-2024)

1.4.4 Latin America Forged Automotive Component Sales Breakdown by Type (2019-2024)

1.4.5 Middle East and Africa Forged Automotive Component Sales Breakdown by Type (2019-2024)

2 Forged Automotive Component Market Competition by Company

2.1 Global Top Players by Forged Automotive Component Sales (2019-2024)

2.2 Global Top Players by Forged Automotive Component Revenue (2019-2024)

2.3 Global Top Players by Forged Automotive Component Price (2019-2024)

2.4 Global Top Manufacturers Forged Automotive Component Manufacturing Base Distribution and Headquarters

2.5 Forged Automotive Component Market Competitive Situation and Trends

2.5.1 Forged Automotive Component Market Concentration Rate (2019-2024)

2.5.2 Global 5 and 10 Largest Manufacturers by Forged Automotive Component Sales and Revenue in 2023

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Forged Automotive Component as of 2023)

2.7 Date of Key Manufacturers Enter into Forged Automotive Component Market

2.8 Key Manufacturers Forged Automotive Component Product Offered

2.9 Mergers & Acquisitions, Expansion

3 Forged Automotive Component Status and Outlook by Region

3.1 Global Forged Automotive Component Market Size and CAGR by Region: 2019 VS 2023 VS 2030

3.2 Global Forged Automotive Component Historic Market Size by Region

3.2.1 Global Forged Automotive Component Sales in Volume by Region (2019-2024)

3.2.2 Global Forged Automotive Component Sales in Value by Region (2019-2024)

3.2.3 Global Forged Automotive Component Sales (Volume & Value), Price and Gross Margin (2019-2024)

3.3 Global Forged Automotive Component Forecasted Market Size by Region

3.3.1 Global Forged Automotive Component Sales in Volume by Region (2025-2030)

3.3.2 Global Forged Automotive Component Sales in Value by Region (2025-2030)

3.3.3 Global Forged Automotive Component Sales (Volume & Value), Price and Gross Margin (2025-2030)

...

Each chapter of the report provides detailed information for readers to further understand the Forged Automotive Component market:

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Forged Automotive Component manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Forged Automotive Component in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

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