Global Thermal Power Castings and Forgings Market Growth (Status and Outlook) 2024-2030

Global Thermal Power Castings and Forgings Market Growth (Status and Outlook) 2024-2030

Thermal power castings and forgings are essential components used in the construction and maintenance of power plants, particularly those that rely on thermal energy, such as coal, gas and etc. These components must withstand extreme temperatures, pressures, and mechanical stress.

The global Thermal Power Castings and Forgings 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 “Thermal Power Castings and Forgings Industry Forecast” looks at past sales and reviews total world Thermal Power Castings and Forgings sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Power Castings and Forgings sales for 2023 through 2029. With Thermal Power Castings and Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Power Castings and Forgings industry.

This Insight Report provides a comprehensive analysis of the global Thermal Power Castings and 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 analyses the strategies of leading global companies with a focus on Thermal Power Castings and Forgings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermal Power Castings and Forgings market.

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

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

Global key Thermal Power Castings and Forgings players cover Doosan Enerbility, Japan Steel Works M&E, China First Heavy Industries, Taiyuan Heavy Industry, Sinomach Heavy Equipment, 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 Thermal Power Castings and Forgings market by product type, application, key players and key regions and countries.

Segmentation by Type:
Forgings
Castings

Segmentation by Application:
Coal-fired Power Plant
Gas-fired Power Plant
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

Segmentation by Type:
Forgings
Castings

Segmentation by Application:
Coal-fired Power Plant
Gas-fired Power Plant
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 analyzing the company's coverage, product portfolio, its market penetration.
Doosan Enerbility
Japan Steel Works M&E
China First Heavy Industries
Taiyuan Heavy Industry
Sinomach Heavy Equipment
Shanghai Electric SHMP Casting & Forging
Tongyu Heavy Industry
L&T Special Steels and Heavy Forgings (LTSSHF)
Dalian Heavy Industry

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