The global forged and casting component market recorded sales of US$ 9,081.3 million in 2022. The market registered a 5.3% year-on-year growth in 2022 and is projected to attain a valuation of US$ 9,591.6 million in 2023.
Over the forecast period, the global market is projected to expand at a compound annual growth rate (CAGR) of 6.0%. By 2033, global forged and casting component sales revenue is set to reach US$ 17,146.7 million.
Forged and casting components are vital components strategically chosen for their strength, durability, and versatility, making them integral to a wide range of industrial applications. These components are gaining wider popularity across industries like automotive and aerospace.
A forged component refers to a part created through the manufacturing process of forging, where a solid piece of aluminum alloy is subjected to controlled pressure and shaping to achieve the desired form. This process enhances the component's mechanical properties, such as strength and durability, making it suitable for applications within the weight range of up to 6 kilograms.
The casting process produces a casting component wherein molten aluminum alloy is poured into a mold to solidify and take the desired shape. This method allows for intricate designs and components within the weight range of up to 6 kilograms.
Casting components maintain structural integrity and exhibit various properties based on alloy composition and casting techniques. As a result, they are witnessing wider popularity across industries.
With industries like automotive and aerospace seeking fuel efficiency, demand for forged and casting components is expected to rise significantly. These components allow lightweight vehicles, aircraft, and other equipment production.
The ongoing global shift towards electrification and sustainable mobility is a transformative trend that profoundly impacts multiple industries, including those involved in forged and casting components. This is expected to create opportunities for forged and casting component manufacturers.
Leading companies focus on developing more complex and lightweight components using novel materials and processes. This will bode well for the global forged and casting components market.
| Attribute | Key Insights |
|---|---|
| Estimated Forged and Casting Component Market Size (2023E) | US$ 9,591.6 million |
| Projected Forged and Casting Component Market Value (2033E) | US$ 17,146.7 million |
| Expected Forged and Casting Components Market CAGR (2023 to 2033) | 6.0% |
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From 2018 to 2022, the global forged and casting component market experienced a CAGR of 4.8%. It attained a total valuation of about reaching a market size of US$ 9,081.3 million at the end of 2022.
| Attribute | Details |
|---|---|
| Historical CAGR (2018 to 2022) | 4.8% |
| Forecast CAGR (2023 to 2033) | 6.0% |
From 2018 to 2022, forged and casting component sales experienced steady growth. This growth can be attributed to several factors, including increased industrial production, infrastructure development, and the adoption of advanced manufacturing techniques.
The global forged and casting component industry is expected to rise at a CAGR of 6.0% during the forecast period. By 2033, the market size is predicted to reach US$ 17,146.7 million.
This anticipated growth rate signifies a promising future for manufacturers and suppliers of forged and casting components. Growing aftermarket demand, increased infrastructure projects, and advancements in material technology are few of the key factors expected to boost the market.
Robust expansion of industries such as military & defense, automotive, and others will likely create a high demand for forged and casting components. These precision components are crucial for producing advanced weaponry, high-performance electronics, and other machinery and equipment.
Principal Consultant
Advancements in Forging and Casting Technologies to Boost the Market
The manufacturing landscape is undergoing a revolutionary transformation propelled by advancements in forging and casting technologies. Innovations in materials science, automation, and simulation are emerging as pivotal drivers within this dynamic environment.
The new cutting-edge developments are redefining the manufacturing process and augmenting the quality, precision, and design intricacies of component production. They are improving machines' and equipment's quality, performance, and lifespan.
The integration of novel materials and the infusion of automation synergistically enhance efficiency. It also ensures a higher degree of precision and facilitates the creation of intricate, high-performance parts.
Adopting novel materials and automation is particularly significant as it empowers industries to cater to diverse demands while minimizing waste and energy consumption. It helps them to align with the growing emphasis on sustainable practices.
The convergence of these technological leaps is reshaping the manufacturing landscape, underscoring a new era of possibilities and capabilities in forging and casting components. This is expected to provide impetus for market growth.
Rapid Urbanization to Uplift Forged and Component Market Demand
Rapid urbanization is becoming a significant catalyst for the burgeoning demand within the forged and casting components market. The expansion of cities on a global scale is instigating an exponential surge in requirements for robust and dependable components, particularly in the realm of infrastructure projects.
Forged and casting components play a pivotal role in construction machinery, transportation systems, and energy facilities that constitute the backbone of urban development. With the burgeoning urban landscape comes an amplified need for durability and reliability, driving the demand for high-quality forged and casting components.
As urban hubs evolve, forged and casting components are critical to ensuring diverse urban infrastructure elements' enduring performance, longevity, and efficiency. This symbiotic relationship between urbanization and component demand is steering sustained market growth and reshaping the forged and casting landscape in response to the evolving needs of modern urban environments.
Forged and Casting Components Market Constraints
The forged and casting components market faces restraint due to disruptions in global supply chains. Factors such as material shortages, transportation challenges, and geopolitical uncertainties can lead to delays in production and affect the timely delivery of components.
Supply chain disruptions can increase lead times, production bottlenecks, and manufacturer costs. Industries reliant on forged and cast components, including automotive, aerospace, and manufacturing, may experience reduced operational efficiency and potential project delays.
To mitigate supply chain restraint, companies must diversify suppliers, enhance visibility in supply chains, and invest in resilient sourcing strategies. By taking these steps, they might overcome this challenge.
Forged and casting components also face competition from alternative materials like composites and advanced plastics. These materials offer advantages such as lighter weight, corrosion resistance, and design flexibility.
Industries seeking lightweight solutions, such as automotive and aerospace, are exploring alternatives to traditional forged and cast components to enhance fuel efficiency and performance. As a result, the market for forged and casting components faces the challenge of demonstrating their ongoing relevance and competitiveness in the face of innovative materials.
Manufacturers must innovate by optimizing designs, exploring hybrid materials, and collaborating with end-users to meet evolving demands. They can also invest in research and development to explore new materials and processes.
Forged and Casting Components Market Trends
Where industries are increasingly setting high benchmarks for efficiency, precision, and durability in their electronic and automation solutions, the role of forged and casting components is taking center stage. These components, crafted meticulously to meet stringent demands, are emerging as the bedrock of excellence in this dynamic landscape. It's not just about the parts; it's about a new paradigm of performance enhancement.
From robust heat management solutions to intricately designed housing structures that safeguard delicate electronics, aluminum alloy forged and casting components are indispensable in enabling seamless operations. Their ability to withstand the rigors of demanding applications translates into uninterrupted functionality, minimized downtime, and prolonged equipment lifespans.
As technology and innovation converge, the forged and casting market reshapes the fabric of high-performance electronics and automation. Forged and casing components allow industries to develop lightweight, complex, high-performance products, machinery, and equipment.
The ascent of digital twin technology is reshaping the forged and casting components landscape. This emerging trend involves the creation of virtual duplicates of tangible components, a breakthrough gaining momentum.
Manufacturers harness this innovation to model and fine-tune component performance across diverse scenarios before actual production, marking a transformative departure from traditional prototyping.
By leveraging simulation-driven design, accuracy and quality are heightened, yielding components tailored to exacting specifications without exhaustive physical trials. This curtails prototyping costs and time and streamlines the design-to-manufacturing trajectory.
With digital twins at the helm, the forged and casting components market embraces a new era of precision, efficiency, and ingenuity, epitomizing the fusion of digital prowess with physical excellence. As a result, a positive growth trajectory has been predicted for the target market.
The table below highlights key countries’ market value. China, the United States, and Japan are the three key markets for forged and casting components, with projected valuations of US$ 4,002.7 million, US$ 2,264.0 million, and US$ 491.6 million, respectively, in 2033.
| Countries | Market Value (2033) |
|---|---|
| United States | US$ 2,264.0 million |
| United Kingdom | US$ 287.3 million |
| China | US$ 4,002.7 million |
| Japan | US$ 491.6 million |
| South Korea | US$ 271.7 million |
Below table shows the expected forged and casting components market growth rates of top five countries. China, Korea, and the United States are set to experience higher CAGRs of 6.3%, 5.9%, and 5.7%, respectively, through 2033.
| Countries | Projected Forged and Casting Components Market CAGR (2023 to 2033) |
|---|---|
| United States | 5.7% |
| United Kingdom | 4.6% |
| China | 6.3% |
| Japan | 4.9% |
| South Korea | 5.9% |
The United States forged and casting component market size is expected to reach US$ 2,264.0 million by 2033. Over the assessment period, demand for forged and cast components in the United States will likely rise at 5.7% CAGR.
Several factors are expected to drive forged and casting components demand in the United States. One of the key drivers fueling demand is the nation's thriving manufacturing sector.
The manufacturing sector relies heavily on forged and casting components. These components are crucial in ensuring the performance and safety of machinery and structures.
Increased investments in infrastructure development and a growing emphasis on renewable energy projects are expected to create substantial opportunities for forged and casting component manufacturers. These components are essential in the construction of infrastructure projects and the production of renewable energy equipment.
Growing popularity of electric vehicles is expected to improve the United States forged and casting components market share. As the demand for electric vehicles continues to increase, demand for forged and casting components is also expected to rise.
As per the latest analysis, Germany forged and casting component industry is expected to attain a valuation of US$ 597.8 million by 2033. Sales of forged and casting components in the country are predicted to soar at a CAGR of 4.9% during the forecast period.
High-performance electronics and automation systems require precision-engineered components to meet stringent quality and performance standards. As a result, companies use forged and casting components. These components play a critical role in ensuring the reliability and efficiency of these systems.
Germany is known for its advanced manufacturing capabilities and engineering expertise, making it a hub for automotive, aerospace, and machinery industries. These industries heavily rely on forged and casting components for their machinery and equipment.
As the demand for high-performance electronics and automation systems continues to rise, so will the need for specialized components. This is expected to bolster forged and casting component sales in Germany.
China forged and casting component industry value is anticipated to reach US$ 4,002.7 million by 2033, moving at a CAGR of 5.9% during the forecast period. It is expected to witness robust growth due to rising demand from the arms & defense sector.
China's increasing investments in defense capabilities and focus on domestic arms manufacturing drive the demand for forged and casting components in this sector. These components are becoming vital for improving equipment performance, safety, and durability.
The arms & defense industry requires precision-engineered components to ensure the reliability and performance of military equipment, including vehicles, aircraft, and weapons systems. Forged and casting components are vital in producing these critical assets, as they offer the strength, durability, and quality required for defense applications.
China's growing geopolitical influence and the need to modernize its armed forces are leading to substantial investments in defense technology and equipment. As a result, the demand for high-quality forged and casting components is expected to surge rapidly, creating a favorable environment for growth in the forged and casting component industry.
Japan is anticipated to register a CAGR of 4.9% during the assessment period. Total market valuation in the country is predicted to reach US$ 491.6 million by 2033. Rapid expansion of automotive industry coupled with changing trends in this sector is driving demand in Japan.
The Japan automotive industry is witnessing emerging trends such as electrification and lightweight. This, in turn, is expected to create high demand for forged and casting components as they can reduce overall weight of vehicles.
Increasing investments in renewable energy sector is another key factor expected to boost sales of forged and casting components in the country. Renewable energy projects rely on forged and casting components for equipment like turbine blades.
South Korea is anticipated to experience a CAGR of 5.9% throughout the forecast period. Overall, the country's forged and casting components sales revenue is set to reach around US$ 271.7 million by 2033.
Several factors are expected to stimulate growth in South Korea market. These include rapid industrial growth, rising demand for fuel-efficient vehicles, and the developing of new & innovative components.
As industrialization continues to penetrate its roots across Korea, demand for forged and casting components is expected to rise robustly. This is because aerospace, construction, and automotive industries need these specialized components for producing machinery, infrastructure, and vehicles.
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Below section shows the automotive segment dominating the market based on component type. It is predicted to thrive at 5.5% CAGR between 2023 and 2033.
The aluminum alloy 7xxx series segment is set to lead the market based on material type. It will likely progress at a CAGR of 5.2% during the forecast period.
| Top Segment (Component Type) | Automotive |
|---|---|
| Predicted CAGR (2023 to 2033) | 5.5% |
The automotive segment is expected to dominate the forged and casting component industry, with a share of around 69.7% in 2023. Over the assessment period, demand for automotive forged and casting components will likely rise at 5.5% CAGR.
Forged and casting components made for automotive segment are critical components that play a pivotal role in ensuring vehicle performance, safety, and reliability. These components are becoming indispensable in the automotive manufacturing sector amid evolving trends.
Multiple factors are driving growth of the target segment. These include continuous advancements in automotive technology, stringent quality standards, and the ever-increasing demand for innovative and durable components in the automotive industry.
Emerging trends like the shift towards electric and autonomous vehicles and lightweight are expected to generate high demand for forged and casting automotive components. This is because these components are generally lighter and stronger than traditional components.
| Top Segment (Material Type) | Lead-acid |
|---|---|
| Predicted CAGR (2023 to 2033) | 5.2% |
The aluminum alloy 7xxx series is expected to dominate the forged and casting component industry, holding a share of around 24.3% in 2023. It is poised to exhibit a CAGR of 5.2% during the assessment period.
Forged and casting components of aluminum alloy 7xxx series are known for their exceptional strength-to-weight ratio and corrosion resistance. This makes them a preferred choice in various critical applications within the forged and casting component industry.
Forged and casting components crafted from aluminum alloy 7xxx series offer superior performance, durability, and reliability. They help meet the stringent demands of aerospace, automotive, and structural engineering industries.
The 7xxx series alloys, containing zinc as the main alloying element and magnesium and copper, offer exceptional toughness. Typical chemical composition includes around 1 to 8% zinc, 0.2 to 2.9% magnesium, 1.2 to 2.4% copper, and small amounts of other elements.
Growing demand for forged and casting components made from aluminum alloy 7xxx series from diverse industries is expected to boost the target segment. Subsequently, the continuous technological advancements in materials engineering, which have led to the development of alloys with improved properties, will bode well for the target segment and the market.
Leading forged and casting component companies focus on developing innovative and technologically advanced solutions to meet evolving end-user demand. They are also adopting acquisitions, alliances, facility expansions, collaborations, mergers, and partnerships to solidify their market positions.
Recent Developments in Forged and Casting Component Market:
| Attribute | Details |
|---|---|
| Estimated Market Value (2023) | US$ 9,591.6 million |
| Projected Market Size (2033) | US$ 17,146.7 million |
| Anticipated Growth Rate (2023 to 2033) | 6.0% CAGR |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ Million, Volume in Units, and CAGR from 2023 to 2033 |
| Segments Covered | By Component Type, By Material Type, By Manufacturing Process, By Sales Channel, By Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Central Asia; Russia & Belarus; Balkan & Baltics; East Asia; South Asia Pacific; Middle East & Africa |
| Key Companies Profiled | Robert Bosch GmbH; ZF Friedrichshafen AG; Denso Corporation; Continental AG; Thyssenkrupp AG; Magna International; Faurecia; Valeo S.A; Lear Corporation; Eaton Corporation Plc; Delphi Automotive PLC; Schaeffler AG; BorgWarner; Hitachi Astemo, Ltd.; Mahle GmbH; JTEKT CORPORATION; Dana Incorporated; Brembo S.p.A.; Aisin Corporation; Akebono Brake Industry Co., Ltd. |
The global market is expected to hit a value of US$ 9,591.6 million by 2023.
Global forged and casting component demand is set to expand by 6.0% CAGR through 2033.
The market is predicted to exceed US$ 17,146.7 million by 2033.
India market size is expected to reach US$ 1,681.5 million by 2033.
Product innovations are a key trend in the target market.
Automotive industry is projected to hold a dominant market share of 69.7% in 2023.
East Asia is expected to emerge as the most profitable market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Technology Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 5. Global Forged & Casting Components Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 5.1. Historical Market Volume (Tons) Analysis, 2018 to 2022 5.2. Current and Future Market Volume (Tons) Projections, 2023 to 2033 5.3. Y-o-Y Growth Trend Analysis 6. Global Forged & Casting Components Market - Pricing Analysis 6.1. Regional Pricing Analysis By Component Type 6.2. Global Average Pricing Analysis Benchmark 7. Global Forged & Casting Components Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022 7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global GDP Growth Outlook 8.1.2. Global Manufacturing Industry Overview 8.1.3. Manufacturing Value-Added 8.1.4. Industry Value Added 8.1.5. Parent Market Outlook 8.1.6. Other Macro-Economic Factors 8.2. Forecast Factors - Relevance & Impact 8.2.1. Top Companies Historical Growth 8.2.2. GDP Growth Forecast 8.2.3. Manufacturing Industry Forecast 8.2.4. Global Urbanization Growth Outlook 8.2.5. Business Climate 8.2.6. Covid-19 Impact Assessment 8.2.7. End-use Industry Growth Outlook 8.3. Value Chain 8.3.1. Product Manufacturers 8.3.2. End Users 8.3.3. Avg. Profitability Margins 8.4. COVID-19 Crisis – Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 9. Global Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Million) and Volume Analysis By Component Type, 2018 to 2022 9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Component Type, 2023 to 2033 9.3.1. Automotive 9.3.1.1. Engine Components 9.3.1.2. Transmission Components 9.3.1.3. Structural Components 9.3.1.4. Suspension Components 9.3.1.5. Exhaust System 9.3.1.6. Powertrain Components 9.3.1.7. Interior Components 9.3.1.8. Exterior Components 9.3.1.9. Others 9.3.2. Aerospace 9.3.2.1. Safety Critical Structural Parts 9.3.2.2. Non-Safety Critical Parts 9.3.3. Arms & Defense 9.3.3.1. Mobility 9.3.3.2. Arms & Gear 9.3.4. High-Performance Electronics & Automation 9.3.4.1. Heat Management 9.3.4.2. Electronic-Housings Automation 9.3.4.3. Structural Parts 9.3.5. Food & Beverages 9.3.5.1. Structural Components 9.3.5.2. Functional Component 9.4. Market Attractiveness Analysis By Component Type 10. Global Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) and Volume Analysis By Material Type, 2018 to 2022 10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Material Type, 2023 to 2033 10.3.1. Aluminum Alloy 2xxx Series 10.3.2. Aluminum Alloy 3xxx Series 10.3.3. Aluminum Alloy 5xxx Series 10.3.4. Aluminum Alloy 6xxx Series 10.3.5. Aluminum Alloy 7xxx Series 10.4. Market Attractiveness Analysis By Material Type 11. Global Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Manufacturing Process 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) and Volume Analysis By Manufacturing Process, 2018 to 2022 11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Manufacturing Process, 2023 to 2033 11.3.1. Casting Process 11.3.1.1. Sand Casting 11.3.1.2. Die Casting 11.3.1.3. High Pressure Die Casting 11.3.1.4. Others 11.3.2. Forging Process 11.3.2.1. Open Die Forging 11.3.2.2. Closed Die Forging 11.3.2.3. Upset Forging 11.3.2.4. Precision Forging 11.4. Rheocasting Process 11.5. Others 11.6. Market Attractiveness Analysis By Manufacturing Process 12. Global Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Million) and Volume Analysis By Sales Channel, 2018 to 2022 12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Sales Channel, 2023 to 2033 12.3.1. OEM 12.3.2. Aftermarket 12.4. Market Attractiveness Analysis By Sales Channel 13. Global Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 13.1. Introduction 13.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2018 to 2022 13.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2023 to 2033 13.3.1. North America 13.3.2. Latin America 13.3.3. Western Europe 13.3.4. Eastern Europe 13.3.5. Central Asia 13.3.6. Russia & Belarus 13.3.7. Balkan & Baltic Countries 13.3.8. Middle East and Africa (MEA) 13.3.9. East Asia 13.3.10. South Asia and Pacific 13.4. Market Attractiveness Analysis By Region 14. North America Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 14.4.1. By Country 14.4.1.1. USA 14.4.1.2. Canada 14.4.2. By Component Type 14.4.3. By Material Type 14.4.4. By Manufacturing Process 14.4.5. By Sales Channel 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Component Type 14.5.3. By Material Type 14.5.4. By Manufacturing Process 14.5.5. By Sales Channel 14.6. Market Trends 14.7. Key Market Participants - Intensity Mapping 14.8. Drivers and Restraints - Impact Analysis 15. Latin America Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 15.4.1. By Country 15.4.1.1. Brazil 15.4.1.2. Mexico 15.4.1.3. Argentina 15.4.1.4. Rest of Latin America 15.4.2. By Component Type 15.4.3. By Material Type 15.4.4. By Manufacturing Process 15.4.5. By Sales Channel 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Component Type 15.5.3. By Material Type 15.5.4. By Manufacturing Process 15.5.5. By Sales Channel 15.6. Market Trends 15.7. Key Market Participants - Intensity Mapping 15.8. Drivers and Restraints - Impact Analysis 16. Western Europe Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 16.4.1. By Country 16.4.1.1. Germany 16.4.1.2. Italy 16.4.1.3. France 16.4.1.4. UK. 16.4.1.5. Spain 16.4.1.6. BENELUX 16.4.1.7. NORDICS 16.4.1.8. Rest of Western Europe 16.4.2. By Component Type 16.4.3. By Material Type 16.4.4. By Manufacturing Process 16.4.5. By Sales Channel 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Component Type 16.5.3. By Material Type 16.5.4. By Manufacturing Process 16.5.5. By Sales Channel 16.6. Market Trends 16.7. Key Market Participants - Intensity Mapping 16.8. Drivers and Restraints - Impact Analysis 17. Eastern Europe Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 17.4.1. By Country 17.4.1.1. Poland 17.4.1.2. Hungary 17.4.1.3. Romania 17.4.1.4. Czech Republic 17.4.1.5. Rest of Eastern Europe 17.4.2. By Component Type 17.4.3. By Material Type 17.4.4. By Manufacturing Process 17.4.5. By Sales Channel 17.5. Market Attractiveness Analysis 17.5.1. By Country 17.5.2. By Component Type 17.5.3. By Material Type 17.5.4. By Manufacturing Process 17.5.5. By Sales Channel 17.6. Market Trends 17.7. Key Market Participants - Intensity Mapping 17.8. Drivers and Restraints - Impact Analysis 18. Central Asia Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 18.4.1. By Component Type 18.4.2. By Material Type 18.4.3. By Manufacturing Process 18.4.4. By Sales Channel 18.5. Market Attractiveness Analysis 18.5.1. By Component Type 18.5.2. By Material Type 18.5.3. By Manufacturing Process 18.5.4. By Sales Channel 18.6. Market Trends 18.7. Key Market Participants - Intensity Mapping 18.8. Drivers and Restraints - Impact Analysis 19. Russia & Belarus Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19.1. Introduction 19.2. Pricing Analysis 19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 19.4.1. By Component Type 19.4.2. By Material Type 19.4.3. By Manufacturing Process 19.4.4. By Sales Channel 19.5. Market Attractiveness Analysis 19.5.1. By Component Type 19.5.2. By Material Type 19.5.3. By Manufacturing Process 19.5.4. By Sales Channel 19.6. Market Trends 19.7. Key Market Participants - Intensity Mapping 19.8. Drivers and Restraints - Impact Analysis 20. Balkan & Baltic Countries Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20.1. Introduction 20.2. Pricing Analysis 20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 20.4.1. By Component Type 20.4.2. By Material Type 20.4.3. By Manufacturing Process 20.4.4. By Sales Channel 20.5. Market Attractiveness Analysis 20.5.1. By Component Type 20.5.2. By Material Type 20.5.3. By Manufacturing Process 20.5.4. By Sales Channel 20.6. Market Trends 20.7. Key Market Participants - Intensity Mapping 20.8. Drivers and Restraints - Impact Analysis 21. South Asia and Pacific Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21.1. Introduction 21.2. Pricing Analysis 21.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 21.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 21.4.1. By Country 21.4.1.1. India 21.4.1.2. ASEAN 21.4.1.3. Oceania 21.4.1.4. Rest of South Asia & Pacific 21.4.2. By Component Type 21.4.3. By Material Type 21.4.4. By Manufacturing Process 21.4.5. By Sales Channel 21.5. Market Attractiveness Analysis 21.5.1. By Country 21.5.2. By Component Type 21.5.3. By Material Type 21.5.4. By Manufacturing Process 21.5.5. By Sales Channel 21.6. Market Trends 21.7. Key Market Participants - Intensity Mapping 21.8. Drivers and Restraints - Impact Analysis 22. East Asia Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22.1. Introduction 22.2. Pricing Analysis 22.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 22.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 22.4.1. By Country 22.4.1.1. China 22.4.1.2. Japan 22.4.1.3. South Korea 22.4.2. By Component Type 22.4.3. By Material Type 22.4.4. By Manufacturing Process 22.4.5. By Sales Channel 22.5. Market Attractiveness Analysis 22.5.1. By Country 22.5.2. By Component Type 22.5.3. By Material Type 22.5.4. By Manufacturing Process 22.5.5. By Sales Channel 22.6. Market Trends 22.7. Key Market Participants - Intensity Mapping 22.8. Drivers and Restraints - Impact Analysis 23. Middle East and Africa Forged & Casting Components Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23.1. Introduction 23.2. Pricing Analysis 23.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022 23.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033 23.4.1. By Country 23.4.1.1. GCC Countries 23.4.1.2. Türkiye 23.4.1.3. Northern Africa 23.4.1.4. South Africa 23.4.1.5. Rest of Middle East and Africa 23.4.2. By Component Type 23.4.3. By Material Type 23.4.4. By Manufacturing Process 23.4.5. By Sales Channel 23.5. Market Attractiveness Analysis 23.5.1. By Country 23.5.2. By Component Type 23.5.3. By Material Type 23.5.4. By Manufacturing Process 23.5.5. By Sales Channel 23.6. Market Trends 23.7. Key Market Participants - Intensity Mapping 23.8. Drivers and Restraints - Impact Analysis 24. Country-wise Forged & Casting Components Market Analysis 24.1. Introduction 24.1.1. Market Value Proportion Analysis, By Key Countries 24.1.2. Global Vs. Country Growth Comparison 24.2. USA Forged & Casting Components Market Analysis 24.2.1. By Component Type 24.2.2. By Material Type 24.2.3. By Manufacturing Process 24.2.4. By Sales Channel 24.3. Canada Forged & Casting Components Market Analysis 24.3.1. By Component Type 24.3.2. By Material Type 24.3.3. By Manufacturing Process 24.3.4. By Sales Channel 24.4. Mexico Forged & Casting Components Market Analysis 24.4.1. By Component Type 24.4.2. By Material Type 24.4.3. By Manufacturing Process 24.4.4. By Sales Channel 24.5. Brazil Forged & Casting Components Market Analysis 24.5.1. By Component Type 24.5.2. By Material Type 24.5.3. By Manufacturing Process 24.5.4. By Sales Channel 24.6. Argentina Forged & Casting Components Market Analysis 24.6.1. By Component Type 24.6.2. By Material Type 24.6.3. By Manufacturing Process 24.6.4. By Sales Channel 24.7. Germany Forged & Casting Components Market Analysis 24.7.1. By Component Type 24.7.2. By Material Type 24.7.3. By Manufacturing Process 24.7.4. By Sales Channel 24.8. Italy Forged & Casting Components Market Analysis 24.8.1. By Component Type 24.8.2. By Material Type 24.8.3. By Manufacturing Process 24.8.4. By Sales Channel 24.9. France Forged & Casting Components Market Analysis 24.9.1. By Component Type 24.9.2. By Material Type 24.9.3. By Manufacturing Process 24.9.4. By Sales Channel 24.10. UK. Forged & Casting Components Market Analysis 24.10.1. By Component Type 24.10.2. By Material Type 24.10.3. By Manufacturing Process 24.10.4. By Sales Channel 24.11. Spain Forged & Casting Components Market Analysis 24.11.1. By Component Type 24.11.2. By Material Type 24.11.3. By Manufacturing Process 24.11.4. By Sales Channel 24.12. NORDICS Forged & Casting Components Market Analysis 24.12.1. By Component Type 24.12.2. By Material Type 24.12.3. By Manufacturing Process 24.12.4. By Sales Channel 24.13. Poland Forged & Casting Components Market Analysis 24.13.1. By Component Type 24.13.2. By Material Type 24.13.3. By Manufacturing Process 24.13.4. By Sales Channel 24.14. Hungary Forged & Casting Components Market Analysis 24.14.1. By Component Type 24.14.2. By Material Type 24.14.3. By Manufacturing Process 24.14.4. By Sales Channel 24.15. Romania Forged & Casting Components Market Analysis 24.15.1. By Component Type 24.15.2. By Material Type 24.15.3. By Manufacturing Process 24.15.4. By Sales Channel 24.16. Czech Republic Forged & Casting Components Market Analysis 24.16.1. By Component Type 24.16.2. By Material Type 24.16.3. By Manufacturing Process 24.16.4. By Sales Channel 24.17. China Forged & Casting Components Market Analysis 24.17.1. By Component Type 24.17.2. By Material Type 24.17.3. By Manufacturing Process 24.17.4. By Sales Channel 24.18. Japan Forged & Casting Components Market Analysis 24.18.1. By Component Type 24.18.2. By Material Type 24.18.3. By Manufacturing Process 24.18.4. By Sales Channel 24.19. S. Korea Forged & Casting Components Market Analysis 24.19.1. By Component Type 24.19.2. By Material Type 24.19.3. By Manufacturing Process 24.19.4. By Sales Channel 24.20. India Forged & Casting Components Market Analysis 24.20.1. By Component Type 24.20.2. By Material Type 24.20.3. By Manufacturing Process 24.20.4. By Sales Channel 24.21. ASEAN Forged & Casting Components Market Analysis 24.21.1. By Component Type 24.21.2. By Material Type 24.21.3. By Manufacturing Process 24.21.4. By Sales Channel 24.22. Australia and New Zealand Forged & Casting Components Market Analysis 24.22.1. By Component Type 24.22.2. By Material Type 24.22.3. By Manufacturing Process 24.22.4. By Sales Channel 24.23. KSA Forged & Casting Components Market Analysis 24.23.1. By Component Type 24.23.2. By Material Type 24.23.3. By Manufacturing Process 24.23.4. By Sales Channel 24.24. UAE Forged & Casting Components Market Analysis 24.24.1. By Component Type 24.24.2. By Material Type 24.24.3. By Manufacturing Process 24.24.4. By Sales Channel 24.25. Northern Africa Forged & Casting Components Market Analysis 24.25.1. By Component Type 24.25.2. By Material Type 24.25.3. By Manufacturing Process 24.25.4. By Sales Channel 24.26. Turkey Forged & Casting Components Market Analysis 24.26.1. By Component Type 24.26.2. By Material Type 24.26.3. By Manufacturing Process 24.26.4. By Sales Channel 24.27. South Africa Forged & Casting Components Market Analysis 24.27.1. By Component Type 24.27.2. By Material Type 24.27.3. By Manufacturing Process 24.27.4. By Sales Channel 24.28. Israel Forged & Casting Components Market Analysis 24.28.1. By Component Type 24.28.2. By Material Type 24.28.3. By Manufacturing Process 24.28.4. By Sales Channel 25. Market Structure Analysis 25.1. Market Analysis by Tier of Companies (Forged & Casting Components) 25.2. Market Concentration 25.3. Market Share Analysis of Top Players 25.4. Production Capacity Analysis 25.5. Market Presence Analysis 25.5.1. By Manufacturing Process Footprint of Players 25.5.2. By Regional Footprint of Players 25.5.3. By Channel Footprint of Players 26. Competition Analysis 26.1. Competition Dashboard 26.2. Competition Benchmarking 26.3. Competition Deep Dive 26.3.1. Robert Bosch GmbH 26.3.1.1. Overview 26.3.1.2. Product Portfolio 26.3.1.3. Profitability by Market Segments (Product/Channel/Region) 26.3.1.4. Sales Footprint 26.3.1.5. Strategy Overview 26.3.2. ZF Friedrichshafen AG 26.3.2.1. Overview 26.3.2.2. Product Portfolio 26.3.2.3. Profitability by Market Segments (Product/Channel/Region) 26.3.2.4. Sales Footprint 26.3.2.5. Strategy Overview 26.3.3. Denso Corporation 26.3.3.1. Overview 26.3.3.2. Product Portfolio 26.3.3.3. Profitability by Market Segments (Product/Channel/Region) 26.3.3.4. Sales Footprint 26.3.3.5. Strategy Overview 26.3.4. Continental AG 26.3.4.1. Overview 26.3.4.2. Product Portfolio 26.3.4.3. Profitability by Market Segments (Product/Channel/Region) 26.3.4.4. Sales Footprint 26.3.4.5. Strategy Overview 26.3.5. Thyssenkrupp AG 26.3.5.1. Overview 26.3.5.2. Product Portfolio 26.3.5.3. Profitability by Market Segments (Product/Channel/Region) 26.3.5.4. Sales Footprint 26.3.5.5. Strategy Overview 26.3.6. Magna International 26.3.6.1. Overview 26.3.6.2. Product Portfolio 26.3.6.3. Profitability by Market Segments (Product/Channel/Region) 26.3.6.4. Sales Footprint 26.3.6.5. Strategy Overview 26.3.7. Faurecia 26.3.7.1. Overview 26.3.7.2. Product Portfolio 26.3.7.3. Profitability by Market Segments (Product/Channel/Region) 26.3.7.4. Sales Footprint 26.3.7.5. Strategy Overview 26.3.8. Valeo S.A 26.3.8.1. Overview 26.3.8.2. Product Portfolio 26.3.8.3. Profitability by Market Segments (Product/Channel/Region) 26.3.8.4. Sales Footprint 26.3.8.5. Strategy Overview 26.3.9. Lear Corporation 26.3.9.1. Overview 26.3.9.2. Product Portfolio 26.3.9.3. Profitability by Market Segments (Product/Channel/Region) 26.3.9.4. Sales Footprint 26.3.9.5. Strategy Overview 26.3.10. Eaton Corporation Plc 26.3.10.1. Overview 26.3.10.2. Product Portfolio 26.3.10.3. Profitability by Market Segments (Product/Channel/Region) 26.3.10.4. Sales Footprint 26.3.10.5. Strategy Overview 26.3.11. Delphi Automotive PLC 26.3.11.1. Overview 26.3.11.2. Product Portfolio 26.3.11.3. Profitability by Market Segments (Product/Channel/Region) 26.3.11.4. Sales Footprint 26.3.11.5. Strategy Overview 26.3.12. Schaeffler AG 26.3.12.1. Overview 26.3.12.2. Product Portfolio 26.3.12.3. Profitability by Market Segments (Product/Channel/Region) 26.3.12.4. Sales Footprint 26.3.12.5. Strategy Overview 26.3.13. BorgWarner 26.3.13.1. Overview 26.3.13.2. Product Portfolio 26.3.13.3. Profitability by Market Segments (Product/Channel/Region) 26.3.13.4. Sales Footprint 26.3.13.5. Strategy Overview 26.3.14. Hitachi Astemo, Ltd. 26.3.14.1. Overview 26.3.14.2. Product Portfolio 26.3.14.3. Profitability by Market Segments (Product/Channel/Region) 26.3.14.4. Sales Footprint 26.3.14.5. Strategy Overview 26.3.15. Mahle GmbH 26.3.15.1. Overview 26.3.15.2. Product Portfolio 26.3.15.3. Profitability by Market Segments (Product/Channel/Region) 26.3.15.4. Sales Footprint 26.3.15.5. Strategy Overview 26.3.16. JTEKT CORPORATION 26.3.16.1. Overview 26.3.16.2. Product Portfolio 26.3.16.3. Profitability by Market Segments (Product/Channel/Region) 26.3.16.4. Sales Footprint 26.3.16.5. Strategy Overview 26.3.17. Dana Incorporated 26.3.17.1. Overview 26.3.17.2. Product Portfolio 26.3.17.3. Profitability by Market Segments (Product/Channel/Region) 26.3.17.4. Sales Footprint 26.3.17.5. Strategy Overview 26.3.18. Brembo S.p.A. 26.3.18.1. Overview 26.3.18.2. Product Portfolio 26.3.18.3. Profitability by Market Segments (Product/Channel/Region) 26.3.18.4. Sales Footprint 26.3.18.5. Strategy Overview 26.3.19. Aisin Corporation 26.3.19.1. Overview 26.3.19.2. Product Portfolio 26.3.19.3. Profitability by Market Segments (Product/Channel/Region) 26.3.19.4. Sales Footprint 26.3.19.5. Strategy Overview 26.3.20. Akebono Brake Industry Co., Ltd. 26.3.20.1. Overview 26.3.20.2. Product Portfolio 26.3.20.3. Profitability by Market Segments (Product/Channel/Region) 26.3.20.4. Sales Footprint 26.3.20.5. Strategy Overview 27. Primary Insights 28. Assumptions and Acronyms Used 29. Research Methodology
Industrial Automation
May 2023
REP-GB-17258
306 pages
Explore Industrial Automation Insights
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Forged and Casting Component Market
