Press release
Automotive Forgings Market Size, Trends, Growth Analysis, and Forecast | Valuates Reports
Automotive Forgings Market SizeThe global Automotive Forgings revenue was US$ 47600 million in 2022 and is forecast to a readjusted size of US$ 69080 million by 2029 with a CAGR of 5.4% during the forecast period (2023-2029).
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-10X15969/Global_and_India_Automotive_Forgings_Market_Report_Forecast_2023_2029
In India, the Automotive Forgings revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Automotive Forgings key players include Bharat Forge Limited, Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM, etc. Global top five manufacturers hold a share nearly 10%.
China is the largest market, with a share about 35%, followed by Europe, and India, both have a share over 30 percent.
In terms of product, Closed Die is the largest segment, with a share over 70%. And in terms of application, the largest application is Powertrain Components, followed by Chassis Components, Transmission Parts, etc.
Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-10X15969/Global_and_India_Automotive_Forgings_Market_Report_Forecast_2023_2029
This report focuses on global and India Automotive Forgings market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Automotive Forgings will continue to grow rapidly in the future.
By Type
• Closed Die Forgings
• Open Die Forgings
• Rolled Rings Forgings
By Application
• Powertrain Components
• Chassis Components
• Transmission Parts
Key Companies
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
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-10X15969/global-and-india-automotive-forgings
Please reach us at sales@valuates.com
Address:
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Forgings Market Size, Trends, Growth Analysis, and Forecast | Valuates Reports here
News-ID: 3828081 • Views: …
More Releases from Valuates Reports
Strain Gauge for Force Sensors Market Revenue Share, Insights & Future Outlook
Strain Gauge for Force Sensors Market Size
The global market for Strain Gauge for Force Sensors was valued at US$ 128 million in the year 2023 and is projected to reach a revised size of US$ 207 million by 2030, growing at a CAGR of 7.3% during the forecast period.
How Do Regional Markets and Applications Shape Market Demand?
North American market for Strain Gauge for Force Sensors is estimated to increase from…
Industrial Electric Steam Boiler Market: Revenue Share, Insights & Future Outloo …
Industrial Electric Steam Boiler Market
The global market for Industrial Electric Steam Boiler 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.
How Do Regional Markets and Applications Influence Demand?
North American market for Industrial Electric Steam Boiler was valued at $ million in 2023 and will reach $ million by…
Overhead Catenary Working Vehicles Sales Market Revenue Share, Insights & Future …
Overhead Catenary Working Vehicles Sales Market Size
The global Overhead Catenary Working Vehicles market size was US$ 655 million in 2024 and is forecast to a readjusted size of US$ 808 million by 2031 with a CAGR of 3.1% during the forecast period 2025-2031.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and…
Sound and Thermal Insulation Market : Revenue Share, Insights & Future Outlook
Sound and Thermal Insulation Market
Sound and thermal insulation are two distinct but related concepts used in construction and building design to enhance the comfort, energy efficiency, and acoustic quality of indoor spaces.
The global Sound and Thermal Insulation market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
There was a growing awareness of…
More Releases for Forging
Key Trends Reshaping the Aerospace Forging Market: Global Aerospace Forging Mark …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Aerospace Forging Market Size Growth Forecast: What to Expect by 2025?
In recent years, the aerospace forging market has seen significant growth. The market size, which is predicted to be $33.71 billion in 2024, is expected to rise to $36.32 billion in 2025, with a compound annual growth rate…
Key Trends Shaping the Future Aerospace Forging Market From 2025-2034: Global Ae …
Which drivers are expected to have the greatest impact on the over the aerospace forging market's growth?
The aircraft forging market is anticipated to expand due to an increase in aircraft production. The construction of airplanes along with parts like propulsion systems, avionics, and other related equipment is referred to as aircraft production. Forged elements, being far sturdier and robust compared to bar stock and casting produced parts, are favored in…
Key Trends Shaping the Future Aerospace Forging Market From 2025-2034: Global Ae …
Which drivers are expected to have the greatest impact on the over the aerospace forging market's growth?
The aircraft forging market is anticipated to expand due to an increase in aircraft production. The construction of airplanes along with parts like propulsion systems, avionics, and other related equipment is referred to as aircraft production. Forged elements, being far sturdier and robust compared to bar stock and casting produced parts, are favored in…
Forging Market Analysis and Forecast 2024-2031: A Focus on Top Key Players, Size …
Global Forging Market Growing Demand and Growth Opportunity 2024-2031:
The Coherent Market Insights A new report research on the Forging Market from 2024 to 2031 provides accurate economic, global, and country-level predictions and analyses. It presents a comprehensive view of the competitive landscape, along with a detailed supply chain analysis to aid businesses in detecting significant industry practice changes. Additionally, the market report assesses the present state of the Forging industry…
Forging Market 2022 - 2028: Remarkable Growth Factors That Is Changing the Cours …
The latest release from Coherent Market Insights titled Forging Market Research Report 2022-2027 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Forging including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies. Global Forging Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released BY CMI. The report presents a…
Metal Forging Market :- Ansteel Vigano' Srl., Arconic, ATI., Bharat Forge, Bruck …
The Metal Forging market report gives an inside and out cognizance about market development by seeking past advancements, and contemplating the current circumstance and future gauges dependent on dynamic and likely regions. The detail investigation of the Metal Forging market dependent on elite players, present, past and cutting edge information which will offer as a gainful guide for all Metal Forging Market contenders. This report covers a thorough analysis of…
