Global Large Forgings Market Growth 2024-2030

Global Large Forgings Market Growth 2024-2030

The global Large Forgings market size is projected to grow from US$ 55290 million in 2024 to US$ 70690 million in 2030; it is expected to grow at a CAGR of 4.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Large Forgings Industry Forecast” looks at past sales and reviews total world Large Forgings sales in 2023, providing a comprehensive analysis by region and market sector of projected Large Forgings sales for 2024 through 2030. With Large Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Large Forgings industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Large Forgings 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 Large Forgings.

The core manufacturers of Large Forgings in China include AVIC Heavy Machinery Co., Ltd., Wuxi Paike New Materials Technology Co.,Ltd. and Tongyu Heavy Industry Co., Ltd.. The top three companies have a market share of about 15%. In terms of product type, Steel Forgings is the largest segment with approximately 62% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Large Forgings market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Steel Forgings
Iron Forgings
Alloy Forgings
Other Forgings

Segmentation by Application:
Petrochemical Equipment
Metallurgical Equipment
Aerospace
Power Equipment
Others

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 analysing the company's coverage, product portfolio, its market penetration.
China First Heavy Industries Co.,Ltd.
Baoding Technology Co., Ltd.
Angang Heavy Machine Co., Ltd.
Northeren Heavy Industries Group Co.,Ltd.
Sinosteel
Qilu Special Steel Co., Ltd.
Sinomach Heavy Equipment Group Co., Ltd.
Shanghai Heavy Machinery Plant
CITIC Heavy Industries Co.,Ltd.
Wuxi Paike New Materials Technology Co.,Ltd.
AVIC Heavy Machinery Co., Ltd.
Dalian Huarui Heavy Industry Group Co.,Ltd.
Tongyu Heavy Industry Co., Ltd.
Taiyuan Heavy Industry Co., Ltd.
Xi'an Triangle Defence Incorporated Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Large Forgings market?

What factors are driving Large Forgings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Large Forgings market opportunities vary by end market size?

How does Large Forgings break out by Type, by Application?

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