APO RESEARCH · REPORT
Automotive Forgings
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.
Product & engineering
Understand the product.
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.
Selected research
Market Structure
Global Automotive Forgings Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
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.
Global Automotive Forgings key players include Bharat Forge Limited, Nippon Steel & Sumitomo Metal, Aichi Steel, Thyssenkrupp, AAM, etc. Global top five manufacturers hold a share nearly 10%.
China is the largest market, with a share about 35%, followed by Europe, and India, both have a share over 30 percent.
Read the full market overview
In terms of product, Closed Die is the largest segment, with a share over 70%. And in terms of application, the largest application is Powertrain Components, followed by Chassis Components, Transmission Parts, etc.
The report provides an overview of the global Automotive Forgings market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Automotive Forgings and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Automotive Forgings sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Automotive Forgings market size, projected growth trends, production technologies, key applications, and end-use industries.
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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Automotive Forgings market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Automotive Forgings industry.
Chapter 3: Detailed analysis of Automotive Forgings market competition landscape. Including Automotive Forgings manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: Production/Production Value of Automotive Forgings by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Closed Die Forgings
- Open Die Forgings
- Rolled Rings Forgings
Applications
- Powertrain Components
- Chassis Components
- Transmission Parts
- Other Parts
Companies covered
- 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
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Automotive Forgings Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Automotive Forgings Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Automotive Forgings Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Automotive Forgings Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Automotive Forgings Market Dynamics
- 2.1 Automotive Forgings Industry Trends
- 2.2 Automotive Forgings Industry Drivers
- 2.3 Automotive Forgings Industry Opportunities and Challenges
- 2.4 Automotive Forgings Industry Restraints
3 Automotive Forgings Market by Manufacturers
- 3.1 Global Automotive Forgings Production Value by Manufacturers (2021-2026)
- 3.2 Global Automotive Forgings Production by Manufacturers (2021-2026)
- 3.3 Global Automotive Forgings Average Price by Manufacturers (2021-2026)
- 3.4 Global Automotive Forgings Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 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 Market Competitive Analysis
- 3.8.1 Global Automotive Forgings Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Automotive Forgings Players Market Share by Production Value in 2025
- 3.8.3 2025 Automotive Forgings Tier 1, Tier 2, and Tier 3
4 Automotive Forgings Market by Type
- 4.1 Automotive Forgings Type Introduction
- 4.1.1 Closed Die Forgings
- 4.1.2 Open Die Forgings
- 4.1.3 Rolled Rings Forgings
- 4.2 Global Automotive Forgings Production by Type
- 4.2.1 Global Automotive Forgings Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Automotive Forgings Production by Type (2021-2032)
- 4.2.3 Global Automotive Forgings Production Market Share by Type (2021-2032)
- 4.3 Global Automotive Forgings Production Value by Type
- 4.3.1 Global Automotive Forgings Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Automotive Forgings Production Value by Type (2021-2032)
- 4.3.3 Global Automotive Forgings Production Value Market Share by Type (2021-2032)
5 Automotive Forgings Market by Application
- 5.1 Automotive Forgings Application Introduction
- 5.1.1 Powertrain Components
- 5.1.2 Chassis Components
- 5.1.3 Transmission Parts
- 5.1.4 Other Parts
- 5.2 Global Automotive Forgings Production by Application
- 5.2.1 Global Automotive Forgings Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Automotive Forgings Production by Application (2021-2032)
- 5.2.3 Global Automotive Forgings Production Market Share by Application (2021-2032)
- 5.3 Global Automotive Forgings Production Value by Application
- 5.3.1 Global Automotive Forgings Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Automotive Forgings Production Value by Application (2021-2032)
- 5.3.3 Global Automotive Forgings Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Nippon Steel & Sumitomo Metal
- 6.1.1 Nippon Steel & Sumitomo Metal Company Information
- 6.1.2 Nippon Steel & Sumitomo Metal Business Overview
- 6.1.3 Nippon Steel & Sumitomo Metal Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.1.4 Nippon Steel & Sumitomo Metal Automotive Forgings Product Portfolio
- 6.1.5 Nippon Steel & Sumitomo Metal Recent Developments
- 6.2 Aichi Steel
- 6.2.1 Aichi Steel Company Information
- 6.2.2 Aichi Steel Business Overview
- 6.2.3 Aichi Steel Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.2.4 Aichi Steel Automotive Forgings Product Portfolio
- 6.2.5 Aichi Steel Recent Developments
- 6.3 Thyssenkrupp
- 6.3.1 Thyssenkrupp Company Information
- 6.3.2 Thyssenkrupp Business Overview
- 6.3.3 Thyssenkrupp Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.3.4 Thyssenkrupp Automotive Forgings Product Portfolio
- 6.3.5 Thyssenkrupp Recent Developments
- 6.4 AAM
- 6.4.1 AAM Company Information
- 6.4.2 AAM Business Overview
- 6.4.3 AAM Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.4.4 AAM Automotive Forgings Product Portfolio
- 6.4.5 AAM Recent Developments
- 6.5 Bharat Forge Limited
- 6.5.1 Bharat Forge Limited Company Information
- 6.5.2 Bharat Forge Limited Business Overview
- 6.5.3 Bharat Forge Limited Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.5.4 Bharat Forge Limited Automotive Forgings Product Portfolio
- 6.5.5 Bharat Forge Limited Recent Developments
- 6.6 KOBELCO
- 6.6.1 KOBELCO Company Information
- 6.6.2 KOBELCO Business Overview
- 6.6.3 KOBELCO Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.6.4 KOBELCO Automotive Forgings Product Portfolio
- 6.6.5 KOBELCO Recent Developments
- 6.7 WanXiang
- 6.7.1 WanXiang Company Information
- 6.7.2 WanXiang Business Overview
- 6.7.3 WanXiang Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.7.4 WanXiang Automotive Forgings Product Portfolio
- 6.7.5 WanXiang Recent Developments
- 6.8 FAW
- 6.8.1 FAW Company Information
- 6.8.2 FAW Business Overview
- 6.8.3 FAW Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.8.4 FAW Automotive Forgings Product Portfolio
- 6.8.5 FAW Recent Developments
- 6.9 Arconic
- 6.9.1 Arconic Company Information
- 6.9.2 Arconic Business Overview
- 6.9.3 Arconic Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.9.4 Arconic Automotive Forgings Product Portfolio
- 6.9.5 Arconic Recent Developments
- 6.10 Mahindra Forgings Europe
- 6.10.1 Mahindra Forgings Europe Company Information
- 6.10.2 Mahindra Forgings Europe Business Overview
- 6.10.3 Mahindra Forgings Europe Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.10.4 Mahindra Forgings Europe Automotive Forgings Product Portfolio
- 6.10.5 Mahindra Forgings Europe Recent Developments
- 6.11 Farinia Group
- 6.11.1 Farinia Group Company Information
- 6.11.2 Farinia Group Business Overview
- 6.11.3 Farinia Group Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.11.4 Farinia Group Automotive Forgings Product Portfolio
- 6.11.5 Farinia Group Recent Developments
- 6.12 Longcheng Forging
- 6.12.1 Longcheng Forging Company Information
- 6.12.2 Longcheng Forging Business Overview
- 6.12.3 Longcheng Forging Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.12.4 Longcheng Forging Automotive Forgings Product Portfolio
- 6.12.5 Longcheng Forging Recent Developments
- 6.13 Sinotruck
- 6.13.1 Sinotruck Company Information
- 6.13.2 Sinotruck Business Overview
- 6.13.3 Sinotruck Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.13.4 Sinotruck Automotive Forgings Product Portfolio
- 6.13.5 Sinotruck Recent Developments
- 6.14 Dongfeng Forging
- 6.14.1 Dongfeng Forging Company Information
- 6.14.2 Dongfeng Forging Business Overview
- 6.14.3 Dongfeng Forging Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.14.4 Dongfeng Forging Automotive Forgings Product Portfolio
- 6.14.5 Dongfeng Forging Recent Developments
- 6.15 Jiangsu Pacific Precision Forging
- 6.15.1 Jiangsu Pacific Precision Forging Company Information
- 6.15.2 Jiangsu Pacific Precision Forging Business Overview
- 6.15.3 Jiangsu Pacific Precision Forging Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.15.4 Jiangsu Pacific Precision Forging Automotive Forgings Product Portfolio
- 6.15.5 Jiangsu Pacific Precision Forging Recent Developments
- 6.16 Sypris Solutions
- 6.16.1 Sypris Solutions Company Information
- 6.16.2 Sypris Solutions Business Overview
- 6.16.3 Sypris Solutions Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.16.4 Sypris Solutions Automotive Forgings Product Portfolio
- 6.16.5 Sypris Solutions Recent Developments
- 6.17 Ashok Leyland Limited
- 6.17.1 Ashok Leyland Limited Company Information
- 6.17.2 Ashok Leyland Limited Business Overview
- 6.17.3 Ashok Leyland Limited Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.17.4 Ashok Leyland Limited Automotive Forgings Product Portfolio
- 6.17.5 Ashok Leyland Limited Recent Developments
- 6.18 Allegheny Technologies
- 6.18.1 Allegheny Technologies Company Information
- 6.18.2 Allegheny Technologies Business Overview
- 6.18.3 Allegheny Technologies Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.18.4 Allegheny Technologies Automotive Forgings Product Portfolio
- 6.18.5 Allegheny Technologies Recent Developments
- 6.19 VDM Metals
- 6.19.1 VDM Metals Company Information
- 6.19.2 VDM Metals Business Overview
- 6.19.3 VDM Metals Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.19.4 VDM Metals Automotive Forgings Product Portfolio
- 6.19.5 VDM Metals Recent Developments
- 6.20 CITIC Heavy Industries
- 6.20.1 CITIC Heavy Industries Company Information
- 6.20.2 CITIC Heavy Industries Business Overview
- 6.20.3 CITIC Heavy Industries Automotive Forgings Production, Value and Gross Margin (2021-2026)
- 6.20.4 CITIC Heavy Industries Automotive Forgings Product Portfolio
- 6.20.5 CITIC Heavy Industries Recent Developments
7 Global Automotive Forgings Production by Region
- 7.1 Global Automotive Forgings Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Automotive Forgings Production by Region (2021-2032)
- 7.2.1 Global Automotive Forgings Production by Region (2021-2026)
- 7.2.2 Global Automotive Forgings Production Forecast by Region (2027-2032)
- 7.3 Global Automotive Forgings Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Automotive Forgings Production Value by Region (2021-2032)
- 7.4.1 Global Automotive Forgings Production Value by Region (2021-2026)
- 7.4.2 Global Automotive Forgings Production Value by Region (2027-2032)
- 7.5 Global Automotive Forgings Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Automotive Forgings Production Value (2021-2032)
- 7.6.2 Europe Automotive Forgings Production Value (2021-2032)
- 7.6.3 Asia-Pacific Automotive Forgings Production Value (2021-2032)
- 7.6.4 South America Automotive Forgings Production Value (2021-2032)
- 7.6.5 Middle East & Africa Automotive Forgings Production Value (2021-2032)
8 Global Automotive Forgings Consumption by Region
- 8.1 Global Automotive Forgings Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Automotive Forgings Consumption by Region (2021-2032)
- 8.2.1 Global Automotive Forgings Consumption by Region (2021-2026)
- 8.2.2 Global Automotive Forgings Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Automotive Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Automotive Forgings Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Automotive Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Automotive Forgings Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Automotive Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Automotive Forgings Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Automotive Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Automotive Forgings Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Automotive Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Automotive Forgings Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 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 Manufacturing Cost Structure
- 9.1.4 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 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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