Automotive Forgings Industry Research Report 2025

Summary

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.

According to APO Research, The global Automotive Forgings market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Automotive Forgings is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Automotive Forgings is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Automotive Forgings is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Automotive Forgings include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Automotive Forgings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Forgings.

The report will help the Automotive Forgings manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Automotive Forgings market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Automotive Forgings market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Automotive Forgings Segment by Company

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
Automotive Forgings Segment by Type

Closed Die Forgings
Open Die Forgings
Rolled Rings Forgings
Automotive Forgings Segment by Application

Powertrain Components
Chassis Components
Transmission Parts
Other Parts
Automotive Forgings Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Automotive Forgings market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Automotive Forgings and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Automotive Forgings.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Automotive Forgings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Automotive Forgings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Automotive Forgings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Automotive Forgings by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Closed Die Forgings
2.2.3 Open Die Forgings
2.2.4 Rolled Rings Forgings
2.3 Automotive Forgings by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Powertrain Components
2.3.3 Chassis Components
2.3.4 Transmission Parts
2.3.5 Other Parts
2.4 Global Market Growth Prospects
2.4.1 Global Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Automotive Forgings Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Automotive Forgings Production Estimates and Forecasts (2020-2031)
2.4.4 Global Automotive Forgings Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Automotive Forgings Production by Manufacturers (2020-2025)
3.2 Global Automotive Forgings Production Value by Manufacturers (2020-2025)
3.3 Global Automotive Forgings Average Price by Manufacturers (2020-2025)
3.4 Global Automotive Forgings Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Automotive Forgings Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Automotive Forgings Manufacturers, Product Type & Application
3.7 Global Automotive Forgings Manufacturers Established Date
3.8 Global Automotive Forgings Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Nippon Steel & Sumitomo Metal
4.1.1 Nippon Steel & Sumitomo Metal Automotive Forgings Company Information
4.1.2 Nippon Steel & Sumitomo Metal Automotive Forgings Business Overview
4.1.3 Nippon Steel & Sumitomo Metal Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.1.4 Nippon Steel & Sumitomo Metal Product Portfolio
4.1.5 Nippon Steel & Sumitomo Metal Recent Developments
4.2 Aichi Steel
4.2.1 Aichi Steel Automotive Forgings Company Information
4.2.2 Aichi Steel Automotive Forgings Business Overview
4.2.3 Aichi Steel Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.2.4 Aichi Steel Product Portfolio
4.2.5 Aichi Steel Recent Developments
4.3 Thyssenkrupp
4.3.1 Thyssenkrupp Automotive Forgings Company Information
4.3.2 Thyssenkrupp Automotive Forgings Business Overview
4.3.3 Thyssenkrupp Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.3.4 Thyssenkrupp Product Portfolio
4.3.5 Thyssenkrupp Recent Developments
4.4 AAM
4.4.1 AAM Automotive Forgings Company Information
4.4.2 AAM Automotive Forgings Business Overview
4.4.3 AAM Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.4.4 AAM Product Portfolio
4.4.5 AAM Recent Developments
4.5 Bharat Forge Limited
4.5.1 Bharat Forge Limited Automotive Forgings Company Information
4.5.2 Bharat Forge Limited Automotive Forgings Business Overview
4.5.3 Bharat Forge Limited Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.5.4 Bharat Forge Limited Product Portfolio
4.5.5 Bharat Forge Limited Recent Developments
4.6 KOBELCO
4.6.1 KOBELCO Automotive Forgings Company Information
4.6.2 KOBELCO Automotive Forgings Business Overview
4.6.3 KOBELCO Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.6.4 KOBELCO Product Portfolio
4.6.5 KOBELCO Recent Developments
4.7 WanXiang
4.7.1 WanXiang Automotive Forgings Company Information
4.7.2 WanXiang Automotive Forgings Business Overview
4.7.3 WanXiang Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.7.4 WanXiang Product Portfolio
4.7.5 WanXiang Recent Developments
4.8 FAW
4.8.1 FAW Automotive Forgings Company Information
4.8.2 FAW Automotive Forgings Business Overview
4.8.3 FAW Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.8.4 FAW Product Portfolio
4.8.5 FAW Recent Developments
4.9 Arconic
4.9.1 Arconic Automotive Forgings Company Information
4.9.2 Arconic Automotive Forgings Business Overview
4.9.3 Arconic Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.9.4 Arconic Product Portfolio
4.9.5 Arconic Recent Developments
4.10 Mahindra Forgings Europe
4.10.1 Mahindra Forgings Europe Automotive Forgings Company Information
4.10.2 Mahindra Forgings Europe Automotive Forgings Business Overview
4.10.3 Mahindra Forgings Europe Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.10.4 Mahindra Forgings Europe Product Portfolio
4.10.5 Mahindra Forgings Europe Recent Developments
4.11 Farinia Group
4.11.1 Farinia Group Automotive Forgings Company Information
4.11.2 Farinia Group Automotive Forgings Business Overview
4.11.3 Farinia Group Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.11.4 Farinia Group Product Portfolio
4.11.5 Farinia Group Recent Developments
4.12 Longcheng Forging
4.12.1 Longcheng Forging Automotive Forgings Company Information
4.12.2 Longcheng Forging Automotive Forgings Business Overview
4.12.3 Longcheng Forging Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.12.4 Longcheng Forging Product Portfolio
4.12.5 Longcheng Forging Recent Developments
4.13 Sinotruck
4.13.1 Sinotruck Automotive Forgings Company Information
4.13.2 Sinotruck Automotive Forgings Business Overview
4.13.3 Sinotruck Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.13.4 Sinotruck Product Portfolio
4.13.5 Sinotruck Recent Developments
4.14 Dongfeng Forging
4.14.1 Dongfeng Forging Automotive Forgings Company Information
4.14.2 Dongfeng Forging Automotive Forgings Business Overview
4.14.3 Dongfeng Forging Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.14.4 Dongfeng Forging Product Portfolio
4.14.5 Dongfeng Forging Recent Developments
4.15 Jiangsu Pacific Precision Forging
4.15.1 Jiangsu Pacific Precision Forging Automotive Forgings Company Information
4.15.2 Jiangsu Pacific Precision Forging Automotive Forgings Business Overview
4.15.3 Jiangsu Pacific Precision Forging Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.15.4 Jiangsu Pacific Precision Forging Product Portfolio
4.15.5 Jiangsu Pacific Precision Forging Recent Developments
4.16 Sypris Solutions
4.16.1 Sypris Solutions Automotive Forgings Company Information
4.16.2 Sypris Solutions Automotive Forgings Business Overview
4.16.3 Sypris Solutions Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.16.4 Sypris Solutions Product Portfolio
4.16.5 Sypris Solutions Recent Developments
4.17 Ashok Leyland Limited
4.17.1 Ashok Leyland Limited Automotive Forgings Company Information
4.17.2 Ashok Leyland Limited Automotive Forgings Business Overview
4.17.3 Ashok Leyland Limited Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.17.4 Ashok Leyland Limited Product Portfolio
4.17.5 Ashok Leyland Limited Recent Developments
4.18 Allegheny Technologies
4.18.1 Allegheny Technologies Automotive Forgings Company Information
4.18.2 Allegheny Technologies Automotive Forgings Business Overview
4.18.3 Allegheny Technologies Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.18.4 Allegheny Technologies Product Portfolio
4.18.5 Allegheny Technologies Recent Developments
4.19 VDM Metals
4.19.1 VDM Metals Automotive Forgings Company Information
4.19.2 VDM Metals Automotive Forgings Business Overview
4.19.3 VDM Metals Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.19.4 VDM Metals Product Portfolio
4.19.5 VDM Metals Recent Developments
4.20 CITIC Heavy Industries
4.20.1 CITIC Heavy Industries Automotive Forgings Company Information
4.20.2 CITIC Heavy Industries Automotive Forgings Business Overview
4.20.3 CITIC Heavy Industries Automotive Forgings Production, Value and Gross Margin (2020-2025)
4.20.4 CITIC Heavy Industries Product Portfolio
4.20.5 CITIC Heavy Industries Recent Developments
5 Global Automotive Forgings Production by Region
5.1 Global Automotive Forgings Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Automotive Forgings Production by Region: 2020-2031
5.2.1 Global Automotive Forgings Production by Region: 2020-2025
5.2.2 Global Automotive Forgings Production Forecast by Region (2026-2031)
5.3 Global Automotive Forgings Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Automotive Forgings Production Value by Region: 2020-2031
5.4.1 Global Automotive Forgings Production Value by Region: 2020-2025
5.4.2 Global Automotive Forgings Production Value Forecast by Region (2026-2031)
5.5 Global Automotive Forgings Market Price Analysis by Region (2020-2025)
5.6 Global Automotive Forgings Production and Value, YOY Growth
5.6.1 North America Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
5.6.5 South Korea Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
5.6.6 India Automotive Forgings Production Value Estimates and Forecasts (2020-2031)
6 Global Automotive Forgings Consumption by Region
6.1 Global Automotive Forgings Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Automotive Forgings Consumption by Region (2020-2031)
6.2.1 Global Automotive Forgings Consumption by Region: 2020-2025
6.2.2 Global Automotive Forgings Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Automotive Forgings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Automotive Forgings Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Automotive Forgings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Automotive Forgings Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Automotive Forgings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Automotive Forgings Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Automotive Forgings Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Automotive Forgings Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Automotive Forgings Production by Type (2020-2031)
7.1.1 Global Automotive Forgings Production by Type (2020-2031) & (K MT)
7.1.2 Global Automotive Forgings Production Market Share by Type (2020-2031)
7.2 Global Automotive Forgings Production Value by Type (2020-2031)
7.2.1 Global Automotive Forgings Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Automotive Forgings Production Value Market Share by Type (2020-2031)
7.3 Global Automotive Forgings Price by Type (2020-2031)
8 Segment by Application
8.1 Global Automotive Forgings Production by Application (2020-2031)
8.1.1 Global Automotive Forgings Production by Application (2020-2031) & (K MT)
8.1.2 Global Automotive Forgings Production Market Share by Application (2020-2031)
8.2 Global Automotive Forgings Production Value by Application (2020-2031)
8.2.1 Global Automotive Forgings Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Automotive Forgings Production Value Market Share by Application (2020-2031)
8.3 Global Automotive Forgings Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Automotive Forgings Value Chain Analysis
9.1.1 Automotive Forgings Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Automotive Forgings Production Mode & Process
9.2 Automotive Forgings Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Automotive Forgings Distributors
9.2.3 Automotive Forgings Customers
10 Global Automotive Forgings Analyzing Market Dynamics
10.1 Automotive Forgings Industry Trends
10.2 Automotive Forgings Industry Drivers
10.3 Automotive Forgings Industry Opportunities and Challenges
10.4 Automotive Forgings Industry Restraints
11 Report Conclusion
12 Disclaimer

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