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Industry Research
Electric Vehicle Forgings Industry Research Report 2026
Market perspective
The global Electric Vehicle Forgings market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Electric Vehicle Forgings is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Electric Vehicle Forgings is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Electric Vehicle Forgings is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Electric Vehicle Forgings include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Electric Vehicle Forgings market in revenue (US$ million) and, where applicable, sales volume (Tons), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/Tons) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Electric Vehicle Forgings.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Electric Vehicle Forgings Market by Company
FAW
WanXiang
Thyssenkrupp
Ramkrishna Forgings
MM Forgings
Farinia Group
Bharat Forge
Aichi Steel
AAM
Dongfeng Forging
Jiangsu Pacific Precision Forging
Longcheng Forging
Ashok Leyland
Electric Vehicle Forgings Segment by Type
Open Die Forgings
Rolled Rings Forgings
Closed Die Forgings
Electric Vehicle Forgings Segment by Application
Transmission System
Chassis Components
Electric Motor
Suspension Parts
Others
Electric Vehicle Forgings Segment by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
South America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
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 Electric Vehicle 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 Electric Vehicle 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 Electric Vehicle 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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Electric Vehicle Forgings manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Electric Vehicle Forgings by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Electric Vehicle 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Open Die Forgings
- Rolled Rings Forgings
- Closed Die Forgings
Applications
- Transmission System
- Chassis Components
- Electric Motor
- Suspension Parts
- Others
Companies covered
- FAW
- WanXiang
- Thyssenkrupp
- Ramkrishna Forgings
- MM Forgings
- Farinia Group
- Bharat Forge
- Aichi Steel
- AAM
- Dongfeng Forging
- Jiangsu Pacific Precision Forging
- Longcheng Forging
- Ashok Leyland
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Electric Vehicle Forgings by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Open Die Forgings
- 2.2.3 Rolled Rings Forgings
- 2.2.4 Closed Die Forgings
- 2.3 Electric Vehicle Forgings by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Transmission System
- 2.3.3 Chassis Components
- 2.3.4 Electric Motor
- 2.3.5 Suspension Parts
- 2.3.6 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Electric Vehicle Forgings Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Electric Vehicle Forgings Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Electric Vehicle Forgings Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Electric Vehicle Forgings Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Electric Vehicle Forgings Production by Manufacturers (2021-2026)
- 3.2 Global Electric Vehicle Forgings Production Value by Manufacturers (2021-2026)
- 3.3 Global Electric Vehicle Forgings Average Price by Manufacturers (2021-2026)
- 3.4 Global Electric Vehicle Forgings Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Electric Vehicle Forgings Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Electric Vehicle Forgings Manufacturers, Product Type & Application
- 3.7 Global Electric Vehicle Forgings Manufacturers Established Date
- 3.8 Global Electric Vehicle Forgings Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 FAW
- 4.1.1 FAW Electric Vehicle Forgings Company Information
- 4.1.2 FAW Electric Vehicle Forgings Business Overview
- 4.1.3 FAW Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 FAW Product Portfolio
- 4.1.5 FAW Recent Developments
- 4.2 WanXiang
- 4.2.1 WanXiang Electric Vehicle Forgings Company Information
- 4.2.2 WanXiang Electric Vehicle Forgings Business Overview
- 4.2.3 WanXiang Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 WanXiang Product Portfolio
- 4.2.5 WanXiang Recent Developments
- 4.3 Thyssenkrupp
- 4.3.1 Thyssenkrupp Electric Vehicle Forgings Company Information
- 4.3.2 Thyssenkrupp Electric Vehicle Forgings Business Overview
- 4.3.3 Thyssenkrupp Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Thyssenkrupp Product Portfolio
- 4.3.5 Thyssenkrupp Recent Developments
- 4.4 Ramkrishna Forgings
- 4.4.1 Ramkrishna Forgings Electric Vehicle Forgings Company Information
- 4.4.2 Ramkrishna Forgings Electric Vehicle Forgings Business Overview
- 4.4.3 Ramkrishna Forgings Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Ramkrishna Forgings Product Portfolio
- 4.4.5 Ramkrishna Forgings Recent Developments
- 4.5 MM Forgings
- 4.5.1 MM Forgings Electric Vehicle Forgings Company Information
- 4.5.2 MM Forgings Electric Vehicle Forgings Business Overview
- 4.5.3 MM Forgings Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 MM Forgings Product Portfolio
- 4.5.5 MM Forgings Recent Developments
- 4.6 Farinia Group
- 4.6.1 Farinia Group Electric Vehicle Forgings Company Information
- 4.6.2 Farinia Group Electric Vehicle Forgings Business Overview
- 4.6.3 Farinia Group Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Farinia Group Product Portfolio
- 4.6.5 Farinia Group Recent Developments
- 4.7 Bharat Forge
- 4.7.1 Bharat Forge Electric Vehicle Forgings Company Information
- 4.7.2 Bharat Forge Electric Vehicle Forgings Business Overview
- 4.7.3 Bharat Forge Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Bharat Forge Product Portfolio
- 4.7.5 Bharat Forge Recent Developments
- 4.8 Aichi Steel
- 4.8.1 Aichi Steel Electric Vehicle Forgings Company Information
- 4.8.2 Aichi Steel Electric Vehicle Forgings Business Overview
- 4.8.3 Aichi Steel Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Aichi Steel Product Portfolio
- 4.8.5 Aichi Steel Recent Developments
- 4.9 AAM
- 4.9.1 AAM Electric Vehicle Forgings Company Information
- 4.9.2 AAM Electric Vehicle Forgings Business Overview
- 4.9.3 AAM Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 AAM Product Portfolio
- 4.9.5 AAM Recent Developments
- 4.10 Dongfeng Forging
- 4.10.1 Dongfeng Forging Electric Vehicle Forgings Company Information
- 4.10.2 Dongfeng Forging Electric Vehicle Forgings Business Overview
- 4.10.3 Dongfeng Forging Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Dongfeng Forging Product Portfolio
- 4.10.5 Dongfeng Forging Recent Developments
- 4.11 Jiangsu Pacific Precision Forging
- 4.11.1 Jiangsu Pacific Precision Forging Electric Vehicle Forgings Company Information
- 4.11.2 Jiangsu Pacific Precision Forging Electric Vehicle Forgings Business Overview
- 4.11.3 Jiangsu Pacific Precision Forging Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Jiangsu Pacific Precision Forging Product Portfolio
- 4.11.5 Jiangsu Pacific Precision Forging Recent Developments
- 4.12 Longcheng Forging
- 4.12.1 Longcheng Forging Electric Vehicle Forgings Company Information
- 4.12.2 Longcheng Forging Electric Vehicle Forgings Business Overview
- 4.12.3 Longcheng Forging Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Longcheng Forging Product Portfolio
- 4.12.5 Longcheng Forging Recent Developments
- 4.13 Ashok Leyland
- 4.13.1 Ashok Leyland Electric Vehicle Forgings Company Information
- 4.13.2 Ashok Leyland Electric Vehicle Forgings Business Overview
- 4.13.3 Ashok Leyland Electric Vehicle Forgings Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Ashok Leyland Product Portfolio
- 4.13.5 Ashok Leyland Recent Developments
5 Global Electric Vehicle Forgings Production by Region
- 5.1 Global Electric Vehicle Forgings Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Electric Vehicle Forgings Production by Region: 2021-2032
- 5.2.1 Global Electric Vehicle Forgings Production by Region: 2021-2026
- 5.2.2 Global Electric Vehicle Forgings Production Forecast by Region (2027-2032)
- 5.3 Global Electric Vehicle Forgings Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Electric Vehicle Forgings Production Value by Region: 2021-2032
- 5.4.1 Global Electric Vehicle Forgings Production Value by Region: 2021-2026
- 5.4.2 Global Electric Vehicle Forgings Production Value Forecast by Region (2027-2032)
- 5.5 Global Electric Vehicle Forgings Market Price Analysis by Region (2021-2026)
- 5.6 Global Electric Vehicle Forgings Production and Value, YOY Growth
- 5.6.1 North America Electric Vehicle Forgings Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Electric Vehicle Forgings Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Electric Vehicle Forgings Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Electric Vehicle Forgings Production Value Estimates and Forecasts (2021-2032)
6 Global Electric Vehicle Forgings Consumption by Region
- 6.1 Global Electric Vehicle Forgings Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Electric Vehicle Forgings Consumption by Region (2021-2032)
- 6.2.1 Global Electric Vehicle Forgings Consumption by Region: 2021-2026
- 6.2.2 Global Electric Vehicle Forgings Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Electric Vehicle Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Electric Vehicle Forgings Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.4 Europe
- 6.4.1 Europe Electric Vehicle Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Electric Vehicle Forgings Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Netherlands
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Electric Vehicle Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Electric Vehicle Forgings Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 China Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Electric Vehicle Forgings Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Electric Vehicle Forgings Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Electric Vehicle Forgings Production by Type (2021-2032)
- 7.1.1 Global Electric Vehicle Forgings Production by Type (2021-2032) & (Tons)
- 7.1.2 Global Electric Vehicle Forgings Production Market Share by Type (2021-2032)
- 7.2 Global Electric Vehicle Forgings Production Value by Type (2021-2032)
- 7.2.1 Global Electric Vehicle Forgings Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Electric Vehicle Forgings Production Value Market Share by Type (2021-2032)
- 7.3 Global Electric Vehicle Forgings Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Electric Vehicle Forgings Production by Application (2021-2032)
- 8.1.1 Global Electric Vehicle Forgings Production by Application (2021-2032) & (Tons)
- 8.1.2 Global Electric Vehicle Forgings Production Market Share by Application (2021-2032)
- 8.2 Global Electric Vehicle Forgings Production Value by Application (2021-2032)
- 8.2.1 Global Electric Vehicle Forgings Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Electric Vehicle Forgings Production Value Market Share by Application (2021-2032)
- 8.3 Global Electric Vehicle Forgings Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Electric Vehicle Forgings Value Chain Analysis
- 9.1.1 Electric Vehicle Forgings Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Electric Vehicle Forgings Production Mode & Process
- 9.2 Electric Vehicle Forgings Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Electric Vehicle Forgings Distributors
- 9.2.3 Electric Vehicle Forgings Customers
10 Global Electric Vehicle Forgings Analyzing Market Dynamics
- 10.1 Electric Vehicle Forgings Industry Trends
- 10.2 Electric Vehicle Forgings Industry Drivers
- 10.3 Electric Vehicle Forgings Industry Opportunities and Challenges
- 10.4 Electric Vehicle Forgings Industry Restraints
11 Report Conclusion
12 Disclaimer
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