Steel Forging Market Size, Share, Trends, Growth and Forecast 2028

Steel Forging Market

Steel Forging Market: By Types (Bearing, Crankshaft, Axle, Piston, Connecting Rods, Steering Knuckle, Cv Joint, Gear, Beam, Others), By Applications (Passenger Car (Pc), Light Commercial Vehicle (Lcv), Heavy Commercial Vehicle (Hcv)), And By Region: Global Industry Analysis, Size, Share, Growth, Latest Trends, Regional Outlook, and Forecast 2021 - 2028

Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-937 Published Date: Aug-2021 Status : Published
Market Size in 2020 Market Forecast in 2028 CAGR (in %) Base Year
USD 51.26 Billion USD 70.23 Billion 3.9% 2021

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Steel Forging Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Steel Forging Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Bearing
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Crankshaft
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Axle
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Piston
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Connecting rods
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Steering Knuckle
      • 4.7.1. Market Size and Forecast, By Region (USD Billion)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.8. CV Joint
      • 4.8.1. Market Size and Forecast, By Region (USD Billion)
      • 4.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.8.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.9. Gear
      • 4.9.1. Market Size and Forecast, By Region (USD Billion)
      • 4.9.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.9.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.10. Beam
      • 4.10.1. Market Size and Forecast, By Region (USD Billion)
      • 4.10.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.10.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.11. Others
      • 4.11.1. Market Size and Forecast, By Region (USD Billion)
      • 4.11.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.11.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Steel Forging Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Passenger Car (PC)
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Light Commercial Vehicle (LCV)
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Heavy Commercial Vehicle (HCV)
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Steel Forging Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Steel Forging Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Steel Forging Market: Company Market Share, 2019
      • 8.1.2. Global Steel Forging Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Steel Forging Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Steel Forging Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. GKN Plc
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. EL Forge Limited (EFL)
    • 9.3. ThyssenKrupp
    • 9.4. Robert Bosch GmbH
    • 9.5. American Axle & Manufacturing Huldings
    • 9.7. Precision Castparts
    • 9.8. Ellwood Group
    • 9.9. ATI Ladish Forging
    • 9.10. FRISA
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Steel Forging Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Steel Forging Market for Bearing, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Steel Forging Market for Bearing, By Country, 2020 & 2028
FIG NO. 9. Global Steel Forging Market for Crankshaft, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Steel Forging Market for Crankshaft, By Country, 2020 & 2028
FIG NO. 11. Global Steel Forging Market for Axle, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Steel Forging Market for Axle, By Country, 2020 & 2028
FIG NO. 13. Global Steel Forging Market for Piston, Revenue (USD Billion) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Steel Forging Market for Piston, By Country, 2020 & 2028
FIG NO. 15. Global Steel Forging Market for Connecting rods, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Steel Forging Market for Connecting rods, By Country, 2020 & 2028
FIG NO. 17. Global Steel Forging Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Steel Forging Market for Others, By Country, 2020 & 2028
FIG NO. 19. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 20. Global Steel Forging Market for Passenger Car (PC), Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Steel Forging Market for Passenger Car (PC), By Country, 2020 & 2028 
FIG NO. 22. Global Steel Forging Market for Light Commercial Vehicle (LCV), Revenue (USD Billion) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Steel Forging Market for Light Commercial Vehicle (LCV), By Country, 2020 & 2028
FIG NO. 24. Global Steel Forging Market for Heavy Commercial Vehicle (HCV), Revenue (USD Billion) 2016 – 2028 
FIG NO. 25. Comparative Revenue Analysis of Steel Forging Market for Heavy Commercial Vehicle (HCV), By Country, 2020 & 2028
FIG NO. 26. Global Steel Forging Market Revenue Share, By Region, 2020 & 2028
FIG NO. 27. North America Steel Forging Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 28. Porter’s Five Forces Analysis for Global Steel Forging Market
FIG NO. 29. PEST Analysis for Global Steel Forging Market
FIG NO. 30. Pricing Analysis for Global Steel Forging Market
FIG NO. 31. Value Chain Analysis for Global Steel Forging Market
FIG NO. 32. Company Share Analysis, 2019
FIG NO. 33. Radar Determinant Chart, 2019
FIG NO. 34. Company Strategic Developments – Heat Map Analysis
FIG NO. 35. E.I. du Pont de Nemours and Company Business Segment Revenue Share, 2020 (%)
FIG NO. 36. E.I. du Pont de Nemours and Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 37. Market Channels
FIG NO. 38. Marketing Channel Development Trend
FIG NO. 39. Growth in World Gross Product, 2008-2018
FIG NO. 40. Research Methodology – Detailed View
FIG NO. 41. Research Methodology


Table Of Tables

List of Tables 

TABLE NO. 1. Global Steel Forging Market: Snapshot
TABLE NO. 2. Quarterly Steel Forging Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Steel Forging Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Steel Forging Market for Bearing, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Steel Forging Market for Crankshaft, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Steel Forging Market for Axle, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Steel Forging Market for Piston , by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Steel Forging Market for Conneting rods, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Steel Forging Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Steel Forging Market for Passenger Car (PC), by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Steel Forging Market for Light Commercial Vehicle (LCV), by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Steel Forging Market for Heavy Commercial Vehicle (HCV), by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Steel Forging Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Steel Forging Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Steel Forging Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 18. North America Steel Forging Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 19. North America Steel Forging Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. U.S. Steel Forging Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. U.S. Steel Forging Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Canada Steel Forging Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. Canada Steel Forging Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 24. Mexico Steel Forging Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 25. Mexico Steel Forging Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 26. Drivers for the Steel Forging Market: Impact Analysis
TABLE NO. 27. Restraints for the Steel Forging Market: Impact Analysis
TABLE NO. 28. Major Buyers of Steel Forging
TABLE NO. 29. Distributors/Traders List of Steel Forging
TABLE NO. 30. Global Steel Forging Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 31: Global Steel Forging Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   


 

Methodology

FrequentlyAsked Questions

The global Steel Forging Market was valued at USD 51.26 billion in 2020.

The global Steel Forging Market is expected to reach USD 70.23 billion by 2028, growing at a CAGR of 3.9% between 2021 to 2028.

Some of the key factors driving the global steel forging market growth weight reduction trends in vehicles,  presence of major vehicle manufacturers, and increasing adoption of high-end and luxury vehicles.

Asia Pacific region held a substantial share of the Steel Forging Market in 2020. This is attributable to the owing to the growing demand for passenger vehicles because of emerging industrialization.

The major players of global steel forging market for automotive application includes GKN Plc, EL Forge Limited (EFL), ThyssenKrupp, Robert Bosch GmbH, American Axle & Manufacturing Holdings, Precision Castparts, Ellwood Group, ATI Ladish Forging, FRISA, NTN Corporation, HHI Forging, Scot Forge, Sumitomo, Kisaan Steels, Happy Forgings Limited and Bharat Forge Limited.

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