Global Castings and Forgings for Shipbuilding Market Growth (Status and Outlook) 2024-2030

Global Castings and Forgings for Shipbuilding Market Growth (Status and Outlook) 2024-2030

Castings and forgings for shipbuilding refer to the cast and forged components used in the construction of ships. These parts must possess high strength, durability, and corrosion resistance to withstand the harsh conditions of the marine environment. Castings are metal parts created by pouring molten metal into a mold and allowing it to cool and solidify into the desired shape. They are commonly used for components that require complex shapes or need to be wear-resistant and corrosion-resistant. Forgings are metal parts created by applying pressure to deform the metal, enhancing its physical properties. Forgings are typically used for components that require high strength and toughness.

The global Castings and Forgings for Shipbuilding market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Castings and Forgings for Shipbuilding Industry Forecast” looks at past sales and reviews total world Castings and Forgings for Shipbuilding sales in 2022, providing a comprehensive analysis by region and market sector of projected Castings and Forgings for Shipbuilding sales for 2023 through 2029. With Castings and Forgings for Shipbuilding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Castings and Forgings for Shipbuilding industry.

This Insight Report provides a comprehensive analysis of the global Castings and Forgings for Shipbuilding landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Castings and Forgings for Shipbuilding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Castings and Forgings for Shipbuilding market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Castings and Forgings for Shipbuilding and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Castings and Forgings for Shipbuilding.

United States market for Castings and Forgings for Shipbuilding is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Castings and Forgings for Shipbuilding is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Castings and Forgings for Shipbuilding is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Castings and Forgings for Shipbuilding players cover Doosan Enerbility, China First Heavy Industries, KOBE STEEL, Somers Forg, LeClaire Manufacturing, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Castings and Forgings for Shipbuilding market by product type, application, key players and key regions and countries.

Segmentation by Type:
Forgings
Castings

Segmentation by Application:
Cargo Vessel
Passenger Vessel

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Forgings
Castings

Segmentation by Application:
Cargo Vessel
Passenger Vessel

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Doosan Enerbility
China First Heavy Industries
KOBE STEEL
Somers Forg
LeClaire Manufacturing
Taiyuan Heavy Industry
Sinomach Heavy Equipment
Shanghai Electric SHMP Casting & Forging
Tongyu Heavy Industry
CIC Luoyang Heavy Machinery
Hong Da Heavy Industry
Shigang Jingcheng Equipment
Dalian Heavy Industry

Please note: The report will take approximately 2 business days to prepare and deliver.