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汽車鍛造件市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會與預測，按材料類型、零件、車輛類型、地區、競爭細分

Automotive Forgings Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Material Type, By Component, By Vehicle Type, By Regional, Competition
出版日期: | 出版商: TechSci Research | 英文 188 Pages | 商品交期: 2-3個工作天內

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簡介目錄

到 2022 年，全球汽車鍛件市場價值將達到 420 億美元，預計在預測期內將以 4.6% 的年複合成長率強勁成長。在材料和製造程序的進步、對輕量化的日益重視以及電動汽車（EV）領域的擴張等多種因素的推動下，全球汽車鍛造件市場正在經歷大幅成長和轉型。本市場概述探討了塑造全球汽車鍛造件市場的主要趨勢、促進因素、挑戰和機會。

多年來，汽車鍛造件市場取得了顯著發展，成為汽車製造生態系統的重要組成部分。鍛造件是透過鍛造製程形成的金屬零件，可提高零件的機械性能和卓越的強度。這些部件是車輛構造各個方面不可或缺的組成部分，包括引擎、傳動系統、底盤和懸吊系統。

全球汽車鍛造件市場的主要驅動力是全產業對輕量化的重視。汽車製造商不斷尋求減輕車輛重量的方法，以提高燃油效率、減少排放並提高整體性能。鍛造零件在這方面具有獨特的優勢，因為它們提供所需的強度和耐用性，同時比鑄造或機械加工零件更輕。隨著嚴格的燃油效率和排放標準成為常態，汽車製造商擴大轉向鍛造件來滿足這些要求。

市場概況
預測期 2024-2028
2022 年市場規模 420億美元
2028 年市場規模 545.7億美元
2023-2028 年年複合成長率 4.60%
成長最快的細分市場 搭乘用車
最大的市場 亞太

市場受益於材料和製造技術的不斷進步。先進高強度鋼和輕質合金等創新材料現在普遍用於鍛造製程。這些材料具有卓越的強度重量比，能夠生產更複雜、更輕質的鍛造零件。此外，先進的鍛造技術，包括精密鍛造和熱等靜壓（HIP），提高了鍛造件的整體品質和一致性。

主要市場促進因素

輕量化舉措

全球汽車鍛造件市場的主要驅動力之一是全產業對輕量化的重視。汽車製造商不斷尋求減輕車輛重量的方法，以提高燃油效率、減少排放並提高整體性能。鍛造零件在這方面具有獨特的優勢。它們提供必要的強度和耐用性，同時比鑄造或機械加工的同類產品輕得多。

由於鍛造過程中形成的冶金結構，鍛造零件本質上很堅固，使汽車製造商能夠在不影響安全性或性能的情況下設計更輕的車輛。隨著嚴格的燃油效率和排放標準在全球變得越來越普遍，汽車製造商擴大轉向鍛造件來幫助滿足這些要求。輕量化不僅可以提高車輛的環保性能，還可以提高操控性和機動性。

材料的進步

材料的進步在推動鍛造零件在汽車產業的採用方面發揮了至關重要的作用。汽車製造商現在可以獲得各種創新材料，包括先進的高強度鋼、輕質合金和特殊複合材料。這些材料具有卓越的強度重量比，使其成為鍛造工藝的理想選擇。

在鍛造中使用先進材料的能力使汽車製造商能夠製造出更複雜、更輕質的零件。這對減輕車輛整體重量有直接影響，這是提高燃油效率和延長電動車（EV）續航里程的關鍵因素。鍛造和先進材料的結合使汽車製造商能夠設計出既環保又注重性能的車輛。

製造程序的進步

除了材料進步之外，製造流程的創新也進一步推動了全球汽車鍛造件市場的發展。精密鍛造和熱等靜壓 (HIP) 等技術提高了鍛造零件的品質和一致性。這些先進技術可以提高零件成型的精度並增強其機械性能。

特別是精密鍛造，使製造商能夠以最少的材料浪費生產複雜且高度精細的零件。此製程對於製造連桿、曲軸和傳動齒輪等關鍵汽車零件至關重要。能夠以卓越的精度和強度製造此類零件，使得鍛造成為現代汽車製造中不可或缺的一部分。

電動車領域的成長

電動車（EV）的興起是全球汽車鍛造件市場的重要推手。電動車的設計目標是輕量化、高效且環保。這就需要使用輕質但堅固的材料和零件，這正是鍛造零件所提供的品質。

鍛件在電動車製造中發揮著至關重要的作用，特別是在電動馬達外殼、懸吊零件和電池零件的生產中。這些部件必須重量輕，以最大限度地提高車輛的行駛里程，同時保持結構完整性。鍛造零件符合這些要求，使其成為電動車製造不可或缺的一部分。

隨著電動車市場持續成長，越來越多的汽車製造商推出電動車型，鍛造件的需求預計將大幅成長。這一趨勢強調了鍛造技術在實現向更清潔、更永續的運輸解決方案過渡方面的重要性。

永續性和環境議題

全球對永續發展和環境問題的關注是汽車鍛造件市場的另一個重要驅動力。鍛造零件以多種方式為永續發展做出貢獻。首先，透過減輕車輛重量，鍛造件有助於提高燃油效率並減少排放。更輕的車輛運作所需的能源更少，排放的污染物也更少，符合嚴格的環境法規。

其次，鍛造零件的耐用性和使用壽命可以延長車輛的使用壽命。不會很快磨損的零件可以減少更換頻率以及零件製造和處置對環境的影響。這種耐用性進一步支持永續發展目標並減少汽車產業的碳足跡。

區域動態

汽車產業對鍛造零件的需求因地區動態和偏好而異。北美、歐洲和亞太等汽車製造實力雄厚的地區是全球市場的重要貢獻者。這些地區受益於成熟的汽車原始設備製造商 (OEM) 和鍛造供應商的存在。

隨著汽車工業的擴張，包括印度和東南亞在內的新興市場對鍛造件的需求不斷增加。隨著經濟發展導致汽車保有率提高，這些地區對配備鍛造零件的輕型、耐用和節能車輛的需求預計將成長。區域動態持續影響全球汽車鍛件市場，不同地區在生產和消費中發揮不同的作用。

挑戰與競爭

儘管全球汽車鍛造件市場經歷了強勁成長，但它面臨著成本競爭力和替代製造程序競爭的挑戰。鍛件通常需要專門的設備和工具，這可能會導致更高的初始投資成本。鑄造和積層製造等方法不斷發展，為生產某些零件提供了替代解決方案。

鍛造供應商必須透過最佳化流程、探索具有成本效益的製造技術以及透過技術進步和增值服務使自己脫穎而出來應對這些挑戰。

成長機會

全球汽車鍛件市場提供了巨大的成長機會，特別是在汽車行業不斷追求輕量化、電動車細分市場擴張以及更廣泛關注永續性的背景下。隨著汽車製造商尋求開發更有效率、更永續的汽車，對先進鍛造零件的需求預計將會上升。鍛造供應商有機會擴展其產品組合、提供客製化解決方案並與原始設備製造商合作，以滿足汽車行業不斷變化的需求。

主要市場挑戰

成本競爭力

全球汽車鍛造件市場面臨的主要挑戰之一是成本競爭力。鍛造製程通常需要專門的設備、工具和熟練勞動力，與鑄造或沖壓等替代製造方法相比，這可能會導致更高的初始投資成本。這種成本差異可能會給鍛造供應商帶來障礙，並降低鍛造零件對尋求經濟高效解決方案的汽車製造商的吸引力。

此外，市場的競爭本質促使汽車製造商不斷探索具有成本效益的製造方法。雖然鍛造具有許多優勢，包括卓越的強度和耐用性，但供應商必須不斷最佳化其工藝，以在價格方面保持競爭力。

來自替代製造程序的競爭

汽車產業對創新的不斷追求導致了挑戰傳統鍛造技術的替代製造程序的出現和發展。尤其是鑄造技術取得了顯著的進步，能夠生產複雜的零件並減少材料浪費。此外，積層製造（即 3D 列印）作為生產某些汽車零件的可行方法已獲得廣泛關注。

這些替代工藝日益增強的競爭力對汽車鍛造件市場構成了挑戰。鍛造供應商必須不斷創新並提供差異化的產品，以保持其作為關鍵零件首選供應商的地位。

幾何形狀的複雜性

雖然鍛造工藝擅長生產堅固耐用的零件，但在複雜的幾何形狀和複雜的設計方面可能會面臨限制。一些汽車零件，例如現代引擎和變速箱中使用的零件，其形狀越來越複雜，以最佳化性能、效率和排放。

鍛造這些複雜的幾何形狀可能具有挑戰性，並且可能需要多個鍛造步驟，從而增加了生產時間和成本。這種複雜性挑戰凸顯了鍛造供應商需要投資先進技術和創新技術，以有效解決這些複雜的設計。

環境法規和永續發展

環境法規和永續發展問題正在影響汽車產業，進而影響汽車鍛造件市場。世界各國政府正在實施更嚴格的排放標準並促進永續發展措施。雖然鍛造件透過減輕重量和延長零件壽命有助於永續性，但鍛造過程本身可能面臨能源消耗和排放方面的審查。

為了應對這項挑戰，鍛造供應商需要採用永續實踐，投資節能設備，並探索環境足跡較低的材料。此外，鍛造供應商可能需要提供其環保工作的透明度，以滿足汽車製造商的永續發展要求。

材料可用性和成本

全球汽車鍛造件市場在很大程度上依賴特定材料的可用性和成本，特別是高強度鋼和輕質合金。這些材料的可用性和成本的波動會直接影響鍛造供應商的獲利能力，進而影響鍛造零件的競爭力。

全球供應鏈中斷，例如在 COVID-19 大流行期間經歷的中斷，凸顯了該行業容易受到材料短缺和價格波動的影響。為了應對這項挑戰，鍛造供應商必須建立一個有彈性的供應鏈，探索替代材料，並與材料供應商合作，以確保材料供應的一致性和成本效益。

技術進步和自動化

自動化和數位技術的進步為全球汽車鍛造件市場帶來了機會和挑戰。雖然自動化可以提高生產效率並降低勞動成本，但它也可能需要大量的資本投資。將自動化整合到鍛造製程中，例如機器人和人工智慧，需要專門的專業知識和資源。

此外，向工業 4.0 和工業物聯網 (IIoT) 的過渡正在改變包括鍛造在內的製造業格局。供應商必須應對實施這些技術的挑戰，同時確保它們增強而不是破壞現有流程。

熟練勞動力短缺

熟練勞動力短缺是許多製造業（包括鍛造業）面臨的問題。鍛造過程依賴具有冶金、設備操作和品質控制專業知識的經驗豐富的人員。隨著老一代技術工人退休，該行業面臨著吸引和留住擁有必要專業知識的新人才的挑戰。

為了應對這項挑戰，鍛造供應商需要投資於勞動力發展、培訓計劃和知識轉移計劃，以確保技術人員的穩定供應。與教育機構的合作還可以幫助縮小鍛造業的技能差距。

需求的地區差異

鍛造零件的需求因地區而異，並受地區動態、偏好和經濟條件的影響。北美、歐洲和亞太等擁有強大汽車製造基地的地區是全球市場的重要貢獻者。然而，非洲和南美等地區的新興市場可能有不同的汽車需求和偏好。

要克服這些區域需求差異，鍛造供應商必須保持敏捷性和適應性，客製化其產品以滿足每個市場的獨特需求。這可能涉及與當地合作夥伴合作或建立區域製造設施。

主要市場趨勢

轉向輕量化

汽車鍛造件市場最突出的趨勢之一是業界對輕量化的不懈追求。汽車製造商不斷尋求減輕車輛重量的方法，以提高燃油效率並減少排放。鍛件在這項努力中發揮著至關重要的作用，因為它們提供能夠承受汽車應用嚴酷環境的高強度、輕質部件。輕質鍛件用於底盤、懸吊系統和動力總成部件等關鍵部件，有助於提高燃油經濟性並減少碳排放。

採用先進材料

全球汽車鍛造件市場已轉向使用先進材料，包括高強度鋼、鋁和鈦。這些材料具有卓越的強度重量比和耐腐蝕性，使其成為各種汽車應用的理想選擇。例如，鋁鍛件擴大用於輕量化工作，特別是在電動車 (EV) 中，減輕重量對於延長續航里程和提高效率至關重要。這種先進材料的趨勢導致對專業鍛造製程和專業知識的需求增加。

電動車 (EV) 的成長

電動車的興起代表了影響汽車鍛造業的重要市場趨勢。電動車嚴重依賴輕質材料來最大限度地提高續航里程和效率，這推動了對鋁和其他輕質合金鍛造零件的需求。鍛件用於電動車零件，如馬達外殼、電池外殼和結構部件，以保持強度和安全性，同時減輕重量。隨著電動車市場的不斷擴大，汽車鍛造件市場將持續成長。

日益關注安全

安全仍然是汽車產業最關心的問題，這種對安全的關注也體現在鍛造市場上。先進的鍛造技術和材料被用來製造具有增強的耐撞性和耐用性的零件。鍛件用於關鍵安全部件，例如轉向系統、懸吊部件和結構增強件。此外，先進鍛造製程的開發提高了安全關鍵零件的一致性和質量，滿足嚴格的行業標準和法規。

全球擴張和供應鏈多元化

全球汽車鍛件市場的供應鏈動態正在改變。汽車製造商和供應商正在實現供應鏈多元化，以降低與地緣政治因素、貿易爭端和 COVID-19 大流行等乾擾相關的風險。這一趨勢導致亞洲、北美和歐洲等地區的鍛造設施不斷擴張，以確保供應鏈更加穩健和有彈性。因此，汽車鍛件市場在全球範圍內的連結變得更加緊密。

提高自動化和工業 4.0 整合

自動化和工業 4.0 技術正在進入汽車鍛造件產業。這些進步提高了生產效率、降低了勞動力成本並改善了品質控制。例如，機器人鍛造單元用於執行材料處理和零件檢查等任務。感測器和資料分析的整合使製造商能夠即時監控和最佳化鍛造過程，從而提高精度和生產率。

永續實踐與環境議題

永續發展是各產業日益關注的問題，汽車鍛造市場也不例外。製造商正在透過最佳化能源消耗、減少浪費並最大限度地減少其流程對環境的影響來採用永續實踐。鍛造件以其材料效率而聞名，與永續發展目標非常契合。此外，可回收材料和閉迴路製造流程的使用越來越受歡迎，進一步促進汽車鍛造件產業的綠色發展。

客製化和原型設計

隨著消費者偏好的變化，汽車製造商擴大尋求客製化選項和更快的組件原型設計。鍛造件設計靈活，非常適合生產客製化零件和原型零件。先進的鍛造技術，例如精密鍛造和淨形鍛造，可以實現更大的設計自由度和更快的原型開發。這一趨勢使汽車製造商能夠更快地將新穎獨特的車輛推向市場。

合作與策略聯盟

為了保持競爭力並應對快速變化的市場動態帶來的挑戰，許多鍛造公司正在與汽車製造商和技術公司建立策略聯盟和合作。這些合作關係有助於開發創新解決方案、進入新市場以及共同研發工作。鍛造公司也投資研究中心，以推動技術進步並保持行業競爭優勢。

監管變化和品質標準

汽車產業受到多種法規和品質標準的約束，合規性對於市場准入至關重要。鍛造製造商不斷適應，以滿足不斷變化的安全、排放和材料標準。要遵守這些法規，需要持續投資於研發，以開發符合或超過這些標準的鍛造零件。

細分市場洞察

車型洞察

全球汽車鍛造件市場分為多種車輛類型，包括乘用車、輕型商用車和重型商用車。由於發展中國家對節能汽車的高需求和人均收入的增加，乘用車佔據了很大的市場。由於小型企業的增加和對小型運輸車輛的需求，輕型商用車也出現成長。另一方面，重型商用車則受到不斷成長的工業和建築業的推動。這些細分市場對全球汽車鍛造件市場的整體成長產生重大影響。

材料類型見解

全球汽車鍛造市場由多種材料推動，每種材料都具有獨特的性能和優勢。例如，鋼因其耐用性和耐磨損性而備受青睞，使其成為承受高應力的部件（例如引擎零件和傳動系統）的理想選擇。然而，鋁由於其輕質特性而越來越受歡迎，有助於提高燃油效率和車輛性能。高強度低合金（HSLA）鋼等新材料的出現預計將進一步塑造全球汽車鍛造市場的格局。

區域洞察

全球汽車鍛件市場呈現顯著的區域差異。北美擁有強大的汽車工業，是汽車鍛造的主要消費國，私人和商用車對高品質、耐用零件的需求推動了這一地區的發展。歐洲緊隨其後，德國強勁的汽車產業推動了成長。以中國和印度為首的亞太地區是汽車鍛造件成長最快的地區。快速的城市化、可支配收入的增加以及汽車工業的擴張是該地區的關鍵成長因素。相反，非洲和中東等地區的市場處於新生階段，隨著汽車基礎設施的發展而逐漸擴大。

目錄

第 1 章：簡介

  • 產品概述
  • 報告的主要亮點
  • 市場覆蓋範圍
  • 涵蓋的細分市場
  • 考慮研究任期

第 2 章：研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章：執行摘要

  • 市場概況
  • 市場預測
  • 重點地區
  • 關鍵環節

第 4 章：COVID-19 對全球汽車鍛造件市場的影響

第 5 章：客戶之聲分析

  • 品牌意識
  • 品牌滿意度
  • 影響購買決策的因素

第 6 章：全球汽車鍛造件市場展望

  • 市場規模及預測
    • 按數量和價值
  • 市佔率及預測
    • 依材料類型市場佔有率分析（鋁、鋼、其他）
    • 依零件市場佔有率分析（齒輪、活塞、軸承、車軸、連接路、曲軸、其他）
    • 依車型市場佔有率分析（乘用車、輕型商用車、重型商用車）
    • 按區域市佔率分析
    • 按公司市佔率分析（前 5 名公司，其他 - 按價值，2022 年）
  • 全球汽車鍛造件市場測繪與機會評估
    • 按車型市場測繪和機會評估
    • 按材料類型市場測繪和機會評估
    • 按組件類型市場測繪和機會評估
    • 透過區域市場測繪和機會評估

第 7 章：亞太地區汽車鍛造件市場展望

  • 市場規模及預測
    • 按數量和價值
  • 市佔率及預測
    • 按車型市佔率分析
    • 依材料類型市佔率分析
    • 依組件類型市佔率分析
    • 按國家市佔率分析
  • 亞太地區：國家分析
    • 中國
    • 印度
    • 日本
    • 印尼
    • 泰國
    • 韓國
    • 澳洲

第 8 章：歐洲與獨立國協汽車鍛造件市場展望

  • 市場規模及預測
    • 按數量和價值
  • 市佔率及預測
    • 按車型市佔率分析
    • 依材料類型市佔率分析
    • 依組件類型市佔率分析
    • 按國家市佔率分析
  • 歐洲與獨立國協：國家分析
    • 德國汽車鍛造件
    • 西班牙汽車鍛造件
    • 法國汽車鍛造件
    • 俄羅斯汽車鍛造件
    • 義大利汽車鍛造件
    • 英國汽車鍛造件
    • 比利時汽車鍛造件

第 9 章：北美汽車鍛造件市場展望

  • 市場規模及預測
    • 按數量和價值
  • 市佔率及預測
    • 按車型市佔率分析
    • 依材料類型市佔率分析
    • 依組件類型市佔率分析
    • 按國家市佔率分析
  • 北美：國家分析
    • 美國
    • 墨西哥
    • 加拿大

第 10 章：南美洲汽車鍛造件市場展望

  • 市場規模及預測
    • 按數量和價值
  • 市佔率及預測
    • 按車型市佔率分析
    • 依材料類型市佔率分析
    • 依組件類型市佔率分析
    • 按國家市佔率分析
  • 南美洲：國家分析
    • 巴西
    • 哥倫比亞
    • 阿根廷

第 11 章：中東和非洲汽車鍛造件市場展望

  • 市場規模及預測
    • 按數量和價值
  • 市佔率及預測
    • 按車型市佔率分析
    • 依材料類型市佔率分析
    • 依組件類型市佔率分析
    • 按國家市佔率分析
  • 中東和非洲：國家分析
    • 土耳其
    • 伊朗
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國

第 12 章：SWOT 分析

  • 力量
  • 弱點
  • 機會
  • 威脅

第 13 章：市場動態

  • 市場促進因素
  • 市場挑戰

第 14 章：市場趨勢與發展

第15章：競爭格局

  • 公司簡介（最多10家主要公司）
    • NTN Corporation
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • Kovarna Viva
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • ThyssenKrupp AG
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • Bharat Forge Limited
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • Nanjin Automobile Forging Co Ltd
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • Dana Inc
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • CIE Automotive SA
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • Meritor Inc
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • Aichi Forge USA Inc
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員
    • American Axle & Manufacturing Inc
      • 公司詳情
      • 提供的主要產品
      • 財務（根據可用性）
      • 最近的發展
      • 主要管理人員

第 16 章：策略建議

  • 重點關注領域
    • 目標地區和國家
    • 按車輛類型分類的目標
    • 按材料類型分類的目標

第 17 章：關於我們與免責聲明

簡介目錄
Product Code: 1271

Global Automotive Forgings Market has valued at USD 42 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.6%. The global automotive forgings market is witnessing substantial growth and transformation driven by various factors, including advancements in materials and manufacturing processes, a growing emphasis on lightweighting, and the expansion of the electric vehicle (EV) segment. This market overview explores the key trends, drivers, challenges, and opportunities shaping the global automotive forgings market.

The automotive forgings market has evolved significantly over the years, becoming a critical component of the automotive manufacturing ecosystem. Forgings are metal components formed through a forging process, resulting in parts with improved mechanical properties and exceptional strength. These components are integral to various aspects of vehicle construction, including the engine, drivetrain, chassis, and suspension systems.

A major driver of the global automotive forgings market is the industry-wide emphasis on lightweighting. Automakers are continually seeking ways to reduce vehicle weight to improve fuel efficiency, reduce emissions, and enhance overall performance. Forged components offer a unique advantage in this regard, as they provide the required strength and durability while being lighter than their cast or machined counterparts. As stringent fuel efficiency and emissions standards become the norm, automakers are increasingly turning to forgings to meet these demands.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 42 Billion
Market Size 2028USD 54.57 Billion
CAGR 2023-20284.60%
Fastest Growing SegmentPassenger Cars
Largest MarketAsia-Pacific

The market has benefited from ongoing advancements in materials and manufacturing technologies. Innovative materials, such as advanced high-strength steels and lightweight alloys, are now commonly used in forging processes. These materials offer superior strength-to-weight ratios and enable the production of more complex and lightweight forged components. Additionally, advanced forging techniques, including precision forging and hot isostatic pressing (HIP), have improved the overall quality and consistency of forged parts.

The global shift towards electric vehicles has significant implications for the automotive forgings market. EVs require lightweight yet robust components to maximize range and efficiency. Forgings have emerged as a crucial solution, as they can help reduce the weight of critical components like electric motor housings, suspension parts, and battery components. As the EV market continues to grow, the demand for forgings is expected to rise significantly.

Increasing environmental awareness and government regulations have further fueled the adoption of forgings in the automotive industry. Forged components contribute to sustainability by improving fuel efficiency and reducing emissions through weight reduction. Moreover, the longevity and durability of forged parts can extend a vehicle's lifespan, reducing the environmental impact associated with disposal and replacement of components.

The global automotive forgings market exhibits regional variations in terms of demand and production. Regions with a strong automotive manufacturing presence, such as North America, Europe, and Asia-Pacific, are significant contributors to the market. These regions benefit from the presence of established automotive OEMs and forging suppliers. Emerging markets, including India and Southeast Asia, are also witnessing increased demand for forgings as their automotive industries expand.

Despite the numerous advantages, the automotive forgings market faces challenges related to cost competitiveness and competition from alternative manufacturing processes. Forgings often require specialized equipment and tooling, which can lead to higher initial investment costs. Furthermore, alternative manufacturing methods like casting and additive manufacturing continue to evolve, posing competition to traditional forging processes. Overcoming these challenges will require ongoing innovation and cost optimization within the forging industry.

The global automotive forgings market offers significant growth opportunities, particularly in the context of EVs and the ongoing pursuit of lightweighting. As automakers seek to develop more efficient and sustainable vehicles, the demand for advanced forged components is expected to rise. Additionally, forging suppliers have opportunities to expand their product portfolios, offer customized solutions, and collaborate with OEMs to address the evolving needs of the automotive industry.

In conclusion, the global automotive forgings market is experiencing a dynamic shift driven by lightweighting initiatives, advancements in materials and manufacturing processes, the growth of the electric vehicle segment, sustainability considerations, and regional dynamics. As automakers and forging suppliers continue to innovate and collaborate, forged components are poised to play an increasingly vital role in shaping the future of the automotive industry.

Key Market Drivers

Lightweighting Initiatives

One of the primary drivers of the global automotive forgings market is the industry-wide emphasis on lightweighting. Automotive manufacturers are continually seeking ways to reduce vehicle weight to improve fuel efficiency, reduce emissions, and enhance overall performance. Forged components offer a unique advantage in this regard. They provide the necessary strength and durability while being significantly lighter than their cast or machined counterparts.

Forged components are inherently strong due to the metallurgical structure created during the forging process, allowing automakers to design lighter vehicles without compromising safety or performance. As stringent fuel efficiency and emissions standards become more prevalent globally, automakers are increasingly turning to forgings to help meet these demands. Lightweighting not only enhances the environmental credentials of vehicles but also improves handling and maneuverability.

Advancements in Materials

Advancements in materials have played a crucial role in driving the adoption of forged components in the automotive industry. Automakers now have access to a wide range of innovative materials, including advanced high-strength steels, lightweight alloys, and specialized composites. These materials offer superior strength-to-weight ratios, making them ideal for forging processes.

The ability to use advanced materials in forging has allowed automakers to create more complex and lightweight components. This has a direct impact on reducing overall vehicle weight, which is a key factor in improving fuel efficiency and extending the range of electric vehicles (EVs). The combination of forging and advanced materials enables automakers to design vehicles that are both environmentally friendly and performance-oriented.

Manufacturing Process Advancements

In addition to material advancements, innovations in manufacturing processes have further propelled the global automotive forgings market. Precision forging and hot isostatic pressing (HIP), among others, have improved the quality and consistency of forged parts. These advanced techniques allow for greater precision in shaping components and enhancing their mechanical properties.

Precision forging, in particular, enables manufacturers to produce complex and highly detailed components with minimal material waste. This process is instrumental in crafting critical automotive parts, such as connecting rods, crankshafts, and transmission gears. The ability to manufacture such components with exceptional precision and strength has made forging an indispensable part of modern automotive manufacturing.

Growth of the Electric Vehicle Segment

The rise of electric vehicles (EVs) represents a significant driver of the global automotive forgings market. EVs are designed to be lightweight, efficient, and environmentally friendly. This necessitates the use of lightweight yet strong materials and components, precisely the qualities offered by forged parts.

Forgings have found a crucial role in EV manufacturing, particularly in the production of electric motor housings, suspension components, and battery components. These components must be lightweight to maximize the vehicle's range while maintaining structural integrity. Forged parts meet these requirements, making them an integral part of EV manufacturing.

As the EV market continues to grow, with more automakers introducing electric models, the demand for forgings is expected to rise significantly. This trend underscores the importance of forging technology in enabling the transition to cleaner and more sustainable transportation solutions.

Sustainability and Environmental Concerns

The global focus on sustainability and environmental concerns is another significant driver of the automotive forgings market. Forged components contribute to sustainability efforts in several ways. First, by reducing vehicle weight, forgings help improve fuel efficiency and reduce emissions. Lighter vehicles require less energy to operate and emit fewer pollutants, aligning with stringent environmental regulations.

Second, the durability and longevity of forged components extend a vehicle's lifespan. Components that do not wear out quickly reduce the frequency of replacements and the associated environmental impact of manufacturing and disposing of parts. This durability aspect further supports sustainability objectives and reduces the automotive industry's carbon footprint.

Regional Dynamics

The demand for forged components in the automotive industry varies by region, driven by regional dynamics and preferences. Regions with a strong automotive manufacturing presence, such as North America, Europe, and Asia-Pacific, are significant contributors to the global market. These regions benefit from the presence of established automotive original equipment manufacturers (OEMs) and forging suppliers.

Emerging markets, including India and Southeast Asia, are witnessing increased demand for forgings as their automotive industries expand. As economic development leads to higher vehicle ownership rates, the demand for lightweight, durable, and fuel-efficient vehicles equipped with forged components is expected to grow in these regions. Regional dynamics continue to shape the global automotive forgings market, with different regions playing distinct roles in production and consumption.

Challenges and Competition

While the global automotive forgings market experiences robust growth, it faces challenges related to cost competitiveness and competition from alternative manufacturing processes. Forgings often require specialized equipment and tooling, which can lead to higher initial investment costs. Casting and additive manufacturing, among other methods, continue to evolve, offering alternative solutions for producing certain components.

Forging suppliers must navigate these challenges by optimizing their processes, exploring cost-effective manufacturing techniques, and differentiating themselves through technological advancements and value-added services.

Opportunities for Growth

The global automotive forgings market offers significant growth opportunities, particularly in the context of the automotive industry's ongoing pursuit of lightweighting, the expansion of the EV segment, and the broader focus on sustainability. As automakers seek to develop more efficient and sustainable vehicles, the demand for advanced forged components is expected to rise. Forging suppliers have opportunities to expand their product portfolios, offer customized solutions, and collaborate with OEMs to address the evolving needs of the automotive industry.

Key Market Challenges

Cost Competitiveness

One of the primary challenges facing the global automotive forgings market is cost competitiveness. Forging processes often require specialized equipment, tooling, and skilled labor, which can result in higher initial investment costs compared to alternative manufacturing methods like casting or stamping. This cost disparity can pose a hurdle for forging suppliers and make forged components less attractive to automakers seeking cost-effective solutions.

Moreover, the market's competitive nature drives automakers to constantly explore cost-efficient manufacturing methods. While forging offers numerous advantages, including superior strength and durability, suppliers must continually optimize their processes to remain competitive in terms of pricing.

Competition from Alternative Manufacturing Processes

The automotive industry's constant pursuit of innovation has led to the emergence and evolution of alternative manufacturing processes that challenge traditional forging techniques. Casting, in particular, has made significant advancements, enabling the production of complex components with reduced material waste. Additionally, additive manufacturing, or 3D printing, has gained traction as a viable method for producing certain automotive components.

The growing competitiveness of these alternative processes poses a challenge to the automotive forgings market. Forging suppliers must continuously innovate and differentiate their offerings to maintain their position as preferred suppliers for critical components.

Complexity of Geometries

While forging processes excel at producing strong and durable components, they may face limitations when it comes to complex geometries and intricate designs. Some automotive components, such as those used in modern engines and transmissions, have increasingly intricate shapes to optimize performance, efficiency, and emissions.

Forging these complex geometries can be challenging and may require multiple forging steps, increasing production time and costs. This complexity challenge underscores the need for forging suppliers to invest in advanced technology and innovative techniques to address these intricate designs effectively.

Environmental Regulations and Sustainability

Environmental regulations and sustainability concerns are shaping the automotive industry and, consequently, the automotive forgings market. Governments worldwide are imposing stricter emissions standards and promoting sustainability initiatives. While forgings contribute to sustainability through weight reduction and extended component lifespans, the forging process itself may face scrutiny in terms of energy consumption and emissions.

To address this challenge, forging suppliers need to adopt sustainable practices, invest in energy-efficient equipment, and explore materials with lower environmental footprints. Additionally, forging suppliers may need to provide transparency regarding their environmental efforts to meet automakers' sustainability requirements.

Material Availability and Cost

The global automotive forgings market relies heavily on the availability and cost of specific materials, particularly high-strength steels and lightweight alloys. Fluctuations in the availability and cost of these materials can directly impact the profitability of forging suppliers and, by extension, the competitiveness of forged components.

Global supply chain disruptions, such as those experienced during the COVID-19 pandemic, have underscored the vulnerability of the industry to material shortages and price fluctuations. To mitigate this challenge, forging suppliers must establish resilient supply chains, explore alternative materials, and collaborate with material suppliers to ensure a consistent and cost-effective supply of materials.

Technological Advancements and Automation

The advancement of automation and digital technologies presents both opportunities and challenges for the global automotive forgings market. While automation can enhance production efficiency and reduce labor costs, it may also require substantial capital investment. Integrating automation into forging processes, such as robotics and artificial intelligence, requires specialized expertise and resources.

Moreover, the transition to Industry 4.0 and the Industrial Internet of Things (IIoT) is changing the landscape of manufacturing, including forging. Suppliers must navigate the challenges of implementing these technologies while ensuring that they enhance, rather than disrupt, existing processes.

Skilled Labor Shortages

Skilled labor shortages are a concern in many manufacturing sectors, including forging. The forging process relies on experienced personnel who possess specialized knowledge of metallurgy, equipment operation, and quality control. As the older generation of skilled workers retires, the industry faces a challenge in attracting and retaining new talent with the necessary expertise.

To address this challenge, forging suppliers need to invest in workforce development, training programs, and knowledge transfer initiatives to ensure a steady supply of skilled personnel. Collaboration with educational institutions can also help bridge the skills gap in the forging industry.

Regional Disparities in Demand

The demand for forged components varies significantly by region, influenced by regional dynamics, preferences, and economic conditions. Regions with strong automotive manufacturing bases, such as North America, Europe, and Asia-Pacific, are significant contributors to the global market. However, emerging markets in regions like Africa and South America may have different automotive needs and preferences.

Navigating these regional disparities in demand requires forging suppliers to be agile and adaptable, tailoring their product offerings to meet the unique requirements of each market. This may involve collaborating with local partners or establishing regional manufacturing facilities.

Key Market Trends

Shift Towards Lightweighting

One of the most prominent trends in the automotive forgings market is the industry's relentless pursuit of lightweighting. Automakers are continually seeking ways to reduce the weight of vehicles to improve fuel efficiency and reduce emissions. Forgings play a crucial role in this endeavor, as they provide high-strength, lightweight components that can withstand the rigors of automotive applications. Lightweight forgings are used in critical components such as chassis, suspension systems, and powertrain parts, contributing to improved fuel economy and reduced carbon emissions.

Adoption of Advanced Materials

The global automotive forgings market has seen a shift towards the use of advanced materials, including high-strength steel, aluminum, and titanium. These materials offer superior strength-to-weight ratios and corrosion resistance, making them ideal for various automotive applications. For instance, aluminum forgings are increasingly used in lightweighting efforts, especially in electric vehicles (EVs) where weight reduction is critical for extending range and improving efficiency. This trend towards advanced materials has led to increased demand for specialized forging processes and expertise.

Growth of Electric Vehicles (EVs)

The rise of electric vehicles represents a significant market trend that is impacting the automotive forgings industry. EVs rely heavily on lightweight materials to maximize range and efficiency, which has driven the demand for forged components made from aluminum and other lightweight alloys. Forgings are used in electric vehicle components such as motor housings, battery casings, and structural components to maintain strength and safety while reducing weight. As the EV market continues to expand, the automotive forgings market will see sustained growth.

Increasing Focus on Safety

Safety remains a paramount concern in the automotive industry, and this focus on safety is reflected in the forging market. Advanced forging techniques and materials are being employed to create components with enhanced crashworthiness and durability. Forgings are used in critical safety components such as steering systems, suspension components, and structural reinforcements. Additionally, the development of advanced forging processes has improved the consistency and quality of safety-critical parts, meeting stringent industry standards and regulations.

Global Expansion and Supply Chain Diversification

The global automotive forgings market is experiencing changes in its supply chain dynamics. Automakers and suppliers are diversifying their supply chains to reduce risks associated with geopolitical factors, trade disputes, and disruptions like the COVID-19 pandemic. This trend has led to the expansion of forging facilities in various regions, including Asia, North America, and Europe, to ensure a more robust and resilient supply chain. As a result, the automotive forgings market is becoming more globally interconnected.

Increased Automation and Industry 4.0 Integration

Automation and Industry 4.0 technologies are making their way into the automotive forgings industry. These advancements are enhancing production efficiency, reducing labor costs, and improving quality control. For example, robotic forging cells are being used for tasks like material handling and part inspection. The integration of sensors and data analytics allows manufacturers to monitor and optimize the forging process in real-time, leading to higher precision and productivity.

Sustainable Practices and Environmental Concerns

Sustainability is a growing concern across industries, and the automotive forgings market is no exception. Manufacturers are adopting sustainable practices by optimizing energy consumption, reducing waste, and minimizing the environmental impact of their processes. Forgings, known for their material efficiency, align well with sustainability goals. Additionally, the use of recyclable materials and closed-loop manufacturing processes is gaining traction, further contributing to a greener automotive forgings industry.

Customization and Prototyping

As consumer preferences evolve, automakers are increasingly looking for customization options and quicker prototyping of components. Forgings offer flexibility in design and are well-suited for producing custom and prototype parts. Advanced forging techniques, such as precision forging and net shape forging, allow for greater design freedom and faster development of prototypes. This trend enables automakers to bring new and unique vehicles to market more rapidly.

Collaboration and Strategic Alliances

To stay competitive and address the challenges posed by rapidly changing market dynamics, many forging companies are entering strategic alliances and collaborations with automakers and technology firms. These partnerships enable the development of innovative solutions, access to new markets, and shared R&D efforts. Forging companies are also investing in research centers to drive technological advancements and maintain a competitive edge in the industry.

Regulatory Changes and Quality Standards

The automotive industry is subject to a multitude of regulations and quality standards, and compliance is essential for market access. Forging manufacturers are continuously adapting to meet evolving standards related to safety, emissions, and materials. Staying compliant with these regulations requires ongoing investment in research and development to develop forged components that meet or exceed these standards.

Segmental Insights

Vehicle Type Insights

The global Automotive Forgings market is segmented into various vehicle types including passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Passenger vehicles occupy a significant share of the market, attributed to the high demand for fuel-efficient vehicles and a rise in per capita income in developing countries. Light commercial vehicles are also seeing growth due to increasing small-scale businesses and the need for smaller transportation vehicles. Heavy commercial vehicles, on the other hand, are driven by the growing industrial and construction sectors. These market segments present a significant impact on the overall growth of the global Automotive Forgings market.

Material Type Insights

The global automotive forging market is driven by a wide range of materials, each offering distinctive properties and advantages. Steel, for instance, is highly favored for its durability and resistance to wear and tear, making it ideal for components subjected to high stresses, such as engine parts and transmission systems. Aluminum, however, is gaining popularity due to its lightweight properties, contributing to improved fuel efficiency and vehicle performance. The emergence of new materials, such as high-strength low-alloy (HSLA) steels, is anticipated to further shape the landscape of the global automotive forging market.

Regional Insights

The global automotive forgings market exhibits significant regional variations. North America, with its robust automobile industry, is a leading consumer of automotive forgings, driven by the demand for high-quality, durable components in both private and commercial vehicles. Europe follows closely, with Germany's strong automotive sector propelling growth. Asia-Pacific, led by China and India, is the fastest-growing region for automotive forgings. Rapid urbanization, increasing disposable income, and the expanding automobile industry are key growth factors in this area. Conversely, regions like Africa and the Middle East have a nascent market, gradually expanding as automotive infrastructure develops.

Key Market Players

  • NTN Corporation
  • Kovarna Viva
  • ThyssenKrupp AG
  • Bharat Forge Limited
  • Nanjin Automobile Forging Co Ltd
  • Dana Inc
  • CIE Automotive SA
  • Meritor Inc
  • Aichi Forge USA Inc
  • American Axle & Manufacturing Inc.

Report Scope:

In this report, the Global Automotive Forgings Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Forgings Market, By Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Automotive Forgings Market, By Material Type:

  • Aluminium
  • Steel
  • Others

Automotive Forgings Market, By Component Type:

  • Gears
  • Piston
  • Bearing, Axel
  • Connecting Roads
  • Crankshaft
  • Others

Automotive Forgings Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe & CIS
  • Germany
  • Spain
  • France
  • Russia
  • Italy
  • United Kingdom
  • Belgium
  • Asia-Pacific
  • China
  • India
  • Japan
  • Indonesia
  • Thailand
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • Turkey
  • Iran
  • Saudi Arabia
  • UAE

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Automotive Forgings Market.

Available Customizations:

  • Global Automotive Forgings Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

  • 1.1. Product Overview
  • 1.2. Key Highlights of the Report
  • 1.3. Market Coverage
  • 1.4. Market Segments Covered
  • 1.5. Research Tenure Considered

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Market Overview
  • 3.2. Market Forecast
  • 3.3. Key Regions
  • 3.4. Key Segments

4. Impact of COVID-19 on Global Automotive Forgings Market

5. Voice of Customer Analysis

  • 5.1. Brand Awareness
  • 5.2. Brand Satisfaction
  • 5.3. Factors Affecting Purchase Decision

6. Global Automotive Forgings Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Volume & Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Material Type Market Share Analysis (Aluminium, Steel, Others)
    • 6.2.2. By Component Market Share Analysis (Gears, Piston, Bearing, Axel, Connecting Roads, Crankshaft, Others)
    • 6.2.3. By Vehicle Type Market Share Analysis (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)
    • 6.2.4. By Regional Market Share Analysis
      • 6.2.4.1. Asia-Pacific Market Share Analysis
      • 6.2.4.2. Europe & CIS Market Share Analysis
      • 6.2.4.3. North America Market Share Analysis
      • 6.2.4.4. South America Market Share Analysis
      • 6.2.4.5. Middle East & Africa Market Share Analysis
    • 6.2.5. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)
  • 6.3. Global Automotive Forgings Market Mapping & Opportunity Assessment
    • 6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
    • 6.3.2. By Material Type Market Mapping & Opportunity Assessment
    • 6.3.3. By Component Type Market Mapping & Opportunity Assessment
    • 6.3.4. By Regional Market Mapping & Opportunity Assessment

7. Asia-Pacific Automotive Forgings Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Volume & Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Vehicle Type Market Share Analysis
    • 7.2.2. By Material Type Market Share Analysis
    • 7.2.3. By Component Type Market Share Analysis
    • 7.2.4. By Country Market Share Analysis
      • 7.2.4.1. China Market Share Analysis
      • 7.2.4.2. India Market Share Analysis
      • 7.2.4.3. Japan Market Share Analysis
      • 7.2.4.4. Indonesia Market Share Analysis
      • 7.2.4.5. Thailand Market Share Analysis
      • 7.2.4.6. South Korea Market Share Analysis
      • 7.2.4.7. Australia Market Share Analysis
      • 7.2.4.8. Rest of Asia-Pacific Market Share Analysis
  • 7.3. Asia-Pacific: Country Analysis
    • 7.3.1. China Automotive Forgings Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Volume & Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Vehicle Type Market Share Analysis
        • 7.3.1.2.2. By Material Type Market Share Analysis
        • 7.3.1.2.3. By Component Type Market Share Analysis
    • 7.3.2. India Automotive Forgings Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Volume & Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Vehicle Type Market Share Analysis
        • 7.3.2.2.2. By Material Type Market Share Analysis
        • 7.3.2.2.3. By Component Type Market Share Analysis
    • 7.3.3. Japan Automotive Forgings Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Volume & Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Vehicle Type Market Share Analysis
        • 7.3.3.2.2. By Material Type Market Share Analysis
        • 7.3.3.2.3. By Component Type Market Share Analysis
    • 7.3.4. Indonesia Automotive Forgings Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Volume & Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Vehicle Type Market Share Analysis
        • 7.3.4.2.2. By Material Type Market Share Analysis
        • 7.3.4.2.3. By Component Type Market Share Analysis
    • 7.3.5. Thailand Automotive Forgings Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Volume & Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Vehicle Type Market Share Analysis
        • 7.3.5.2.2. By Material Type Market Share Analysis
        • 7.3.5.2.3. By Component Type Market Share Analysis
    • 7.3.6. South Korea Automotive Forgings Market Outlook
      • 7.3.6.1. Market Size & Forecast
        • 7.3.6.1.1. By Volume & Value
      • 7.3.6.2. Market Share & Forecast
        • 7.3.6.2.1. By Vehicle Type Market Share Analysis
        • 7.3.6.2.2. By Material Type Market Share Analysis
        • 7.3.6.2.3. By Component Type Market Share Analysis
    • 7.3.7. Australia Automotive Forgings Market Outlook
      • 7.3.7.1. Market Size & Forecast
        • 7.3.7.1.1. By Volume & Value
      • 7.3.7.2. Market Share & Forecast
        • 7.3.7.2.1. By Vehicle Type Market Share Analysis
        • 7.3.7.2.2. By Material Type Market Share Analysis
        • 7.3.7.2.3. By Component Type Market Share Analysis

8. Europe & CIS Automotive Forgings Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Volume & Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Vehicle Type Market Share Analysis
    • 8.2.2. By Material Type Market Share Analysis
    • 8.2.3. By Component Type Market Share Analysis
    • 8.2.4. By Country Market Share Analysis
      • 8.2.4.1. Germany Market Share Analysis
      • 8.2.4.2. Spain Market Share Analysis
      • 8.2.4.3. France Market Share Analysis
      • 8.2.4.4. Russia Market Share Analysis
      • 8.2.4.5. Italy Market Share Analysis
      • 8.2.4.6. United Kingdom Market Share Analysis
      • 8.2.4.7. Belgium Market Share Analysis
      • 8.2.4.8. Rest of Europe & CIS Market Share Analysis
  • 8.3. Europe & CIS: Country Analysis
    • 8.3.1. Germany Automotive Forgings Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Volume & Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Vehicle Type Market Share Analysis
        • 8.3.1.2.2. By Material Type Market Share Analysis
        • 8.3.1.2.3. By Component Type Market Share Analysis
    • 8.3.2. Spain Automotive Forgings Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Volume & Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Vehicle Type Market Share Analysis
        • 8.3.2.2.2. By Material Type Market Share Analysis
        • 8.3.2.2.3. By Component Type Market Share Analysis
    • 8.3.3. France Automotive Forgings Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Volume & Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Vehicle Type Market Share Analysis
        • 8.3.3.2.2. By Material Type Market Share Analysis
        • 8.3.3.2.3. By Component Type Market Share Analysis
        • 8.3.3.2.4.
    • 8.3.4. Russia Automotive Forgings Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Volume & Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Vehicle Type Market Share Analysis
        • 8.3.4.2.2. By Material Type Market Share Analysis
        • 8.3.4.2.3. By Component Type Market Share Analysis
    • 8.3.5. Italy Automotive Forgings Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Volume & Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Vehicle Type Market Share Analysis
        • 8.3.5.2.2. By Material Type Market Share Analysis
        • 8.3.5.2.3. By Component Type Market Share Analysis
    • 8.3.6. United Kingdom Automotive Forgings Market Outlook
      • 8.3.6.1. Market Size & Forecast
        • 8.3.6.1.1. By Volume & Value
      • 8.3.6.2. Market Share & Forecast
        • 8.3.6.2.1. By Vehicle Type Market Share Analysis
        • 8.3.6.2.2. By Material Type Market Share Analysis
        • 8.3.6.2.3. By Component Type Market Share Analysis
    • 8.3.7. Belgium Automotive Forgings Market Outlook
      • 8.3.7.1. Market Size & Forecast
        • 8.3.7.1.1. By Volume & Value
      • 8.3.7.2. Market Share & Forecast
        • 8.3.7.2.1. By Vehicle Type Market Share Analysis
        • 8.3.7.2.2. By Material Type Market Share Analysis
        • 8.3.7.2.3. By Component Type Market Share Analysis

9. North America Automotive Forgings Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Volume & Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Vehicle Type Market Share Analysis
    • 9.2.2. By Material Type Market Share Analysis
    • 9.2.3. By Component Type Market Share Analysis
    • 9.2.4. By Country Market Share Analysis
      • 9.2.4.1. United States Market Share Analysis
      • 9.2.4.2. Mexico Market Share Analysis
      • 9.2.4.3. Canada Market Share Analysis
  • 9.3. North America: Country Analysis
    • 9.3.1. United States Automotive Forgings Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Volume & Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Vehicle Type Market Share Analysis
        • 9.3.1.2.2. By Material Type Market Share Analysis
        • 9.3.1.2.3. By Component Type Market Share Analysis
    • 9.3.2. Mexico Automotive Forgings Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Volume & Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Vehicle Type Market Share Analysis
        • 9.3.2.2.2. By Material Type Market Share Analysis
        • 9.3.2.2.3. By Component Type Market Share Analysis
    • 9.3.3. Canada Automotive Forgings Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Volume & Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Vehicle Type Market Share Analysis
        • 9.3.3.2.2. By Material Type Market Share Analysis
        • 9.3.3.2.3. By Component Type Market Share Analysis
        • 9.3.3.2.4.

10. South America Automotive Forgings Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Volume & Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Vehicle Type Market Share Analysis
    • 10.2.2. By Material Type Market Share Analysis
    • 10.2.3. By Component Type Market Share Analysis
    • 10.2.4. By Country Market Share Analysis
      • 10.2.4.1. Brazil Market Share Analysis
      • 10.2.4.2. Argentina Market Share Analysis
      • 10.2.4.3. Colombia Market Share Analysis
      • 10.2.4.4. Rest of South America Market Share Analysis
  • 10.3. South America: Country Analysis
    • 10.3.1. Brazil Automotive Forgings Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Volume & Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Vehicle Type Market Share Analysis
        • 10.3.1.2.2. By Material Type Market Share Analysis
        • 10.3.1.2.3. By Component Type Market Share Analysis
    • 10.3.2. Colombia Automotive Forgings Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Volume & Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Vehicle Type Market Share Analysis
        • 10.3.2.2.2. By Material Type Market Share Analysis
        • 10.3.2.2.3. By Component Type Market Share Analysis
    • 10.3.3. Argentina Automotive Forgings Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Volume & Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Vehicle Type Market Share Analysis
        • 10.3.3.2.2. By Material Type Market Share Analysis
        • 10.3.3.2.3. By Component Type Market Share Analysis

11. Middle East & Africa Automotive Forgings Market Outlook

  • 11.1. Market Size & Forecast
    • 11.1.1. By Volume & Value
  • 11.2. Market Share & Forecast
    • 11.2.1. By Vehicle Type Market Share Analysis
    • 11.2.2. By Material Type Market Share Analysis
    • 11.2.3. By Component Type Market Share Analysis
    • 11.2.4. By Country Market Share Analysis
      • 11.2.4.1. Turkey Market Share Analysis
      • 11.2.4.2. Iran Market Share Analysis
      • 11.2.4.3. Saudi Arabia Market Share Analysis
      • 11.2.4.4. UAE Market Share Analysis
      • 11.2.4.5. Rest of Middle East & Africa Market Share Africa
  • 11.3. Middle East & Africa: Country Analysis
    • 11.3.1. Turkey Automotive Forgings Market Outlook
      • 11.3.1.1. Market Size & Forecast
        • 11.3.1.1.1. By Volume & Value
      • 11.3.1.2. Market Share & Forecast
        • 11.3.1.2.1. By Vehicle Type Market Share Analysis
        • 11.3.1.2.2. By Material Type Market Share Analysis
        • 11.3.1.2.3. By Component Type Market Share Analysis
    • 11.3.2. Iran Automotive Forgings Market Outlook
      • 11.3.2.1. Market Size & Forecast
        • 11.3.2.1.1. By Volume & Value
      • 11.3.2.2. Market Share & Forecast
        • 11.3.2.2.1. By Vehicle Type Market Share Analysis
        • 11.3.2.2.2. By Material Type Market Share Analysis
        • 11.3.2.2.3. By Component Type Market Share Analysis
    • 11.3.3. Saudi Arabia Automotive Forgings Market Outlook
      • 11.3.3.1. Market Size & Forecast
        • 11.3.3.1.1. By Volume & Value
      • 11.3.3.2. Market Share & Forecast
        • 11.3.3.2.1. By Vehicle Type Market Share Analysis
        • 11.3.3.2.2. By Material Type Market Share Analysis
        • 11.3.3.2.3. By Component Type Market Share Analysis
    • 11.3.4. UAE Automotive Forgings Market Outlook
      • 11.3.4.1. Market Size & Forecast
        • 11.3.4.1.1. By Volume & Value
      • 11.3.4.2. Market Share & Forecast
        • 11.3.4.2.1. By Vehicle Type Market Share Analysis
        • 11.3.4.2.2. By Material Type Market Share Analysis
        • 11.3.4.2.3. By Component Type Market Share Analysis

12. SWOT Analysis

  • 12.1. Strength
  • 12.2. Weakness
  • 12.3. Opportunities
  • 12.4. Threats

13. Market Dynamics

  • 13.1. Market Drivers
  • 13.2. Market Challenges

14. Market Trends and Developments

15. Competitive Landscape

  • 15.1. Company Profiles (Up to 10 Major Companies)
    • 15.1.1. NTN Corporation
      • 15.1.1.1. Company Details
      • 15.1.1.2. Key Product Offered
      • 15.1.1.3. Financials (As Per Availability)
      • 15.1.1.4. Recent Developments
      • 15.1.1.5. Key Management Personnel
    • 15.1.2. Kovarna Viva
      • 15.1.2.1. Company Details
      • 15.1.2.2. Key Product Offered
      • 15.1.2.3. Financials (As Per Availability)
      • 15.1.2.4. Recent Developments
      • 15.1.2.5. Key Management Personnel
    • 15.1.3. ThyssenKrupp AG
      • 15.1.3.1. Company Details
      • 15.1.3.2. Key Product Offered
      • 15.1.3.3. Financials (As Per Availability)
      • 15.1.3.4. Recent Developments
      • 15.1.3.5. Key Management Personnel
    • 15.1.4. Bharat Forge Limited
      • 15.1.4.1. Company Details
      • 15.1.4.2. Key Product Offered
      • 15.1.4.3. Financials (As Per Availability)
      • 15.1.4.4. Recent Developments
      • 15.1.4.5. Key Management Personnel
    • 15.1.5. Nanjin Automobile Forging Co Ltd
      • 15.1.5.1. Company Details
      • 15.1.5.2. Key Product Offered
      • 15.1.5.3. Financials (As Per Availability)
      • 15.1.5.4. Recent Developments
      • 15.1.5.5. Key Management Personnel
    • 15.1.6. Dana Inc
      • 15.1.6.1. Company Details
      • 15.1.6.2. Key Product Offered
      • 15.1.6.3. Financials (As Per Availability)
      • 15.1.6.4. Recent Developments
      • 15.1.6.5. Key Management Personnel
    • 15.1.7. CIE Automotive SA
      • 15.1.7.1. Company Details
      • 15.1.7.2. Key Product Offered
      • 15.1.7.3. Financials (As Per Availability)
      • 15.1.7.4. Recent Developments
      • 15.1.7.5. Key Management Personnel
    • 15.1.8. Meritor Inc
      • 15.1.8.1. Company Details
      • 15.1.8.2. Key Product Offered
      • 15.1.8.3. Financials (As Per Availability)
      • 15.1.8.4. Recent Developments
      • 15.1.8.5. Key Management Personnel
    • 15.1.9. Aichi Forge USA Inc
      • 15.1.9.1. Company Details
      • 15.1.9.2. Key Product Offered
      • 15.1.9.3. Financials (As Per Availability)
      • 15.1.9.4. Recent Developments
      • 15.1.9.5. Key Management Personnel
    • 15.1.10. American Axle & Manufacturing Inc
      • 15.1.10.1. Company Details
      • 15.1.10.2. Key Product Offered
      • 15.1.10.3. Financials (As Per Availability)
      • 15.1.10.4. Recent Developments
      • 15.1.10.5. Key Management Personnel

16. Strategic Recommendations

  • 16.1. Key Focus Areas
    • 16.1.1. Target Regions & Countries
    • 16.1.2. Target By Vehicle Type
    • 16.1.3. Target By Material Type

17. About Us & Disclaimer