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
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Forged and Casting Component Market
