Global Closed Die Forging Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Closed Die Forging market size was valued at USD 66660 million in 2023 and is forecast to a readjusted size of USD 89540 million by 2030 with a CAGR of 4.3% during review period.
Closed die forging allows for the production of complex and highly customized parts that meet specific design and performance requirements, making it a preferred choice in industries that demand intricate components. Ongoing advancements in metallurgy, forging techniques, and equipment improve the precision, efficiency, and quality of closed die forging processes, making them more attractive to various industries. The automotive sector is one of the primary drivers of the closed die forging market. The demand for strong, high-quality forged components such as crankshafts, connecting rods, and gears is consistently high as the automotive industry continues to grow and innovate.
The Global Info Research report includes an overview of the development of the Closed Die Forging industry chain, the market status of Automotive (Steel, Aluminum), Aerospace (Steel, Aluminum), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Closed Die Forging.
Regionally, the report analyzes the Closed Die Forging markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Closed Die Forging market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Closed Die Forging market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Closed Die Forging industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kiloton), revenue generated, and market share of different by Type (e.g., Steel, Aluminum).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Closed Die Forging market.
Regional Analysis: The report involves examining the Closed Die Forging market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Closed Die Forging market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Closed Die Forging:
Company Analysis: Report covers individual Closed Die Forging manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Closed Die Forging This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace).
Technology Analysis: Report covers specific technologies relevant to Closed Die Forging. It assesses the current state, advancements, and potential future developments in Closed Die Forging areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Closed Die Forging market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Closed Die Forging market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Steel
Aluminum
Alloy
Market segment by Application
Automotive
Aerospace
Agricultural
General Industrial
Others
Major players covered
Precision Castparts Corp
Arconic
Nippon Steel & Sumitomo Metal
KOBELCO
Thyssenkrupp
Aichi Steel
Eramet Group
AAM
Bharat Forge Limited
Avic Heavy Machinery
VSMPO-AVISMA
Allegheny Technologies
WanXiang
FAW
VDM Metals
Mahindra Forgings Europe
JSW
CITIC Heavy Industries
Scot Forge
Farinia Group
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Closed Die Forging product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Closed Die Forging, with price, sales, revenue and global market share of Closed Die Forging from 2019 to 2024.
Chapter 3, the Closed Die Forging competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Closed Die Forging breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Closed Die Forging market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Closed Die Forging.
Chapter 14 and 15, to describe Closed Die Forging sales channel, distributors, customers, research findings and conclusion.