Global ring rolling product market sales totaled US$ 3,436.5 million in 2018. Looking forward, global demand for ring rolling products is projected to rise at 4.9% CAGR. The worldwide ring rolling products market size is likely to expand from US$ 4,146.7 million in 2023 to US$ 6,716.2 million by the end of 2033.
Ring rolling product demand is expected to remain high in automotive sector. This is due to growing importance of ring rolling products in this thriving sector. As per Future Market Insights (FMI), the automotive segment is set to account for around 21.0% market share in 2023.
Key Market Shaping Factors:
In recent years, demand for ring rolling products such as seamless forged rings has increased dramatically and put ring rolling technology into the limelight. This is due to high adoption of rolled rings or ring rollers across various sectors.
A unique process employed for creating seamless ring-shaped components by means of specialized equipment (ring rolling machine) is known as ring rolling. It is gaining wider popularity due to its ability to create seamless rings with optimum mechanical properties and efficient machinability.
Growth of the market is propelled by the increasing demand for ring rolling products from the various end-use sectors. With the increasing demand for air travel and advanced aircraft technologies, demand for ring rolling products used in aerospace components is expected to rise steadily.
Rolled ring products are being increasingly used for applications such as clutches, drives, flanges, bearings, valves, ring gaskets, etc. Widening application of these products will therefore continue to boost the global ring rolling products industry.
Technological advancements coupled with development of advanced ring rolling machines are transforming the ring rolling products industry.
Manufacturers are using automated systems and computer-controlled equipment to develop high-quality ring rolling products with greater precision, consistency, and efficiency. Adoption of these novel equipment is also helping companies to reduce manufacturing costs.
The integration of automation and robotics into the manufacturing process has enabled ring rolling manufacturers to increase production efficiency and reduce costs. Automated systems can perform repetitive tasks with greater accuracy and speed while reducing the need for manual labor.
High demand for ring rolling products from the automobile and aerospace sectors is expected to boost the global market.
Ring rolling technology is well-suited to meet the unique demands of the automotive sector, which requires components that are lightweight, high-strength, and able to withstand harsh operating conditions.
By using ring rolling technology, manufacturers can produce complex, high-strength components with precise tolerance, which are essential characteristics for meeting the requirements of the automotive sector.
Rising production and sales of vehicles globally is expected to create lucrative growth prospects for the target market.
As per the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production cross 85 million in 2022 and this figure is estimated to further rise during the forthcoming period. This in turn will generate high demand for ring rolling products.
Attributes | Key Insights |
---|---|
Estimated Global Ring Rolling Products Market Size (2023) | US$ 4,146.7 million |
Projected Ring Rolling Products Market Value (2033) | US$ 6,716.2 million |
Value CAGR (2023 to 2033) | 4.9% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Global sales of ring rolling products increased at 4.4% CAGR during the historical period from 2018 to 2022. Total market value at the end of 2022 reached around US$ 3,945.4 million as per Future Market Insights’ (FMI) latest analysis.
Looking ahead, the global market for ring rolling products is anticipated to progress at a steady CAGR of 4.9% through 2033. It is likely to attain a valuation of US$ 6,716.2 million by the end of 2033.
Increasing need for ring rolling products across sectors such as automotive, construction, wind power, aerospace, etc. is expected to boost the global market.
Various sectors are dependent on ring rolling production for producing multiple components. For instance, the aerospace sector relies on ring rolling products to produce landing gears, engine rings, and other structural components.
The exponential growth of aerospace sectors along with increasing demand for air travel and advanced aircraft technologies will continue to boost the ring rolling product sales. the demand for ring rolling products used in aerospace components is expected to grow further.
Leading ring rolling product manufacturers are focusing on developing high-quality ring rolling products with enhanced mechanical properties to meet end user requirements and enhance the product's reliability and safety.
The automotive sector's expansion is another significant driver of the ring rolling industry. The target sector relies on ring rolling products to manufacture engine components, transmission systems, and drive shafts.
With increasing automotive production, demand for ring rolling products used in the automotive sector is expected to rise at a steady pace.
Manufacturers are concentrating on developing lightweight and high-strength ring rolling products to enhance the automobile's fuel efficiency and performance. This will help them to increase their sales during the forecast period.
Despite a positive growth trajectory, certain factors might limit growth of the target market. Rising cost of ring rolling products is one such restraining factor.
Ring rolling machinery requires regular maintenance and repair to ensure optimal performance, which can be costly for manufacturers. The high maintenance and repair costs can increase production costs and ultimately lead to higher product prices.
The maintenance and repair of ring rolling machines involve the replacement of various components such as bearings, rollers, and other mechanical parts, which can wear out over time due to the high mechanical stresses involved in the ring rolling process.
The replacement of these components can be expensive and time-consuming, causing disruptions in the production process.
Further, the complexity of ring rolling machinery requires skilled technicians to conduct maintenance and repairs. Finding qualified personnel to maintain and repair the machines can be challenging, especially in regions with a shortage of skilled labor. This can further increase the maintenance and repair costs
The increased focus on sustainability is a key trend in the ring rolling industry as companies are seeking to reduce their environmental impacts and meet the demands of customers who are increasingly environmentally conscious.
By using ring rolling technology and products, manufacturers can produce high-quality components with minimal waste, reduced energy consumption, and optimized use of resources, thereby contributing to a more sustainable future
The integration of digitalization to optimize various aspects of the ring rolling manufacturing process is another factor that is positively impacting the market.
In the context of the ring rolling products market, digitalization involves the use of advanced technologies such as artificial intelligence (AI), machine learning (ML), big data analytics, and the Internet of Things (IoT) to enhance productivity, quality, and efficiency.
Adoption of these novel technologies could transform the target market and help companies to improve their revenues and reduce costs.
Growing Applications in Aerospace Sector to Elevate Ring Rolling Product Demand in the United States
According to Future Market Insights (FMI), the United States will continue to remain a key market for ring rolling products. It is expected to create an incremental opportunity of US$ 396.7 million between 2023 & 2033.
Over the next ten years, ring rolling sales in the United States are likely to thrive at a robust CAGR. By 2033, the United States ring rolling products industry is forecast to cross a valuation of US$ 1,069.4 million.
Growing demand for ring rolling products across thriving aerospace and oil & gas sectors is expected to boost the United States market.
The United States houses one of the leading aerospace sectors in the world. As per the Aerospace Industries Association (AIA), aerospace & defense sector’s sales contributed around 18.8% of all non-food manufacturing revenue in the United States in 2020.
Rapid expansion of the aerospace sector is anticipated to uplift ring rolling product demand. This is because ring rolling products such as seamless rolled rings are increasingly used in critical components like helicopter gearboxes, aircraft engines, and jet turbines in the aerospace sector.
Strong presence of leading ring rolling component manufacturers and ring rolling machine companies is boosting the United States market.
Booming Automotive Sector Fueling Ring Rolling Product Sales in China
China is emerging as a lucrative market for ring rolling products and ring rolling machine manufacturers. This is due to rising flourishing automotive and wind power generation sectors.
As per the latest report, China ring rolling products market is projected to thrive at 4.0% CAGR from 2023 to 2033. It is expected to hold a dominant share of the East Asia market throughout the projection period.
Over the years, China has become a leading automotive manufacturing country in the world. According to the OICA’s report, total vehicle production reached over 27 million in 2022 in China.
The increasing production of vehicles in turn is expected to bolster ring rolling product sales. This is because these products are being used in various automotive components.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Seamless Rings to Generate Lucrative Revenues in the Global Market
Based on product, demand is expected to remain high for seamless rings. Seamless ring segment is likely to account for a prominent market share of 38.1% in 2023. This is due to growing applications of seamless rings in sectors such as mining, oil, and power generation.
According to Future Market Insights (FMI), seamless ring segment is anticiapted to create an incremental opportunity of US$ 1,048.4 million between 2023 & 2033. By 2033, the target segment is expected to reach a value of US$ 2,629.3 million.
Seamless forged rings are made through ring rolling process which uses rolling mill machines. These rings are produced using a range of configurations. They (seamless rolled rings) are widely used in clutches, bearings, drives, robotics, valves, flanges, gears, machines, and several other components.
Automotive Sector to Create Significant Opportunities for Ring Rolling Product Companies
As per Future Market Insights (FMI), automotive is expected to create a plethora of opportunities for ring rolling product manufacturers. The target segment is set to generate an incremental opportunity of US$ 606.3 million between 2023 & 2033, reaching a total valuation of US$ 1,478.0 million by the end of 2033.
Growth of the target segment is attributed to rising usage of ring rolling products in the automotive sector.
Ring rolled products are being widely used in bearings, turbine disks, and gear blanks. They have become crucial components of automobiles. Hence, increasing production and sales of vehicles will continue to bolster ring rolling product sales.
Aerospace sector on the other hand is likely to create an incremental opportunity of US$ 567.5 million between 2023 & 2033, totaling a valuation of US$ 1,328.0 million by the end of 2033.
The global ring rolling products industry is moderately fragmented with top players holding around 45% to 50% of total market share. ThyssenKrupp AG, Bharat Forge Limited, Schaeffler, SMS group GmbH and others are leading ring rolling product manufacturers globally profiled in the report.
The market participants are strategically focusing on introducing high durability and lightweight materials along with focus on public and private investments in automotive, aerospace, and wind turbines sectors to attain higher market shares. They are launching new products and production facilities to meet end user demand and improve their sales.
Recent Developments:
Attribute | Details |
---|---|
Estimated Market Value (2023) | US$ 4,146.7 million |
Projected Market Value (2033) | US$ 6,716.2 million |
Anticipated Growth Rate (2023 to 2033) | 4.9% 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 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Product, Material Used, Production Technology, End Use, Size, and Region |
Regions Covered | North America; Latin America; East Asia; South Asia Pacific; Western Europe; Eastern Europe; Central Asia; Russia & Belarus; Balkan & Baltic Countries; Middle East & Africa |
Key Countries Covered | United States, Canada , Brazil, Mexico, Argentina, Germany, Italy, France, United Kingdom, Spain, BENELUX, Nordics, Czech Republic, Poland, Romania, Hungary, China, Japan, South Korea, India, ASEAN, ANZ, KSA, United Arab Emirates, Türkiye, Saudi Arabia, Algeria, Egypt, Morocco |
Key Companies Profiled | ThyssenKrupp AG; Siemens AG; Mitsubishi Heavy Industries, Ltd.; Nippon Steel & Sumitomo Metal Corporation; Bharat Forge Limited; Zollern GmbH & Co. KG; SMS group GmbH; China First Heavy Industries; Kuhn Special Steel North America, Inc.; Precision Rings Inc.; Fountaintown Forge, Inc.; SKF; Ringmasters LLC; All Metals & Forge Group, LLC; Wuxi Paike New Materials Technology Co., Ltd.; Schaeffler; Jiangyin Hengrun Heavy Industries Co., Ltd.; Others |
The ring rolling products industry is valued at US$ 4,146.7 million until 2023.
ThyssenKrupp AG, Siemens AG, and Mitsubishi Heavy Industries, Ltd. are the leading market players.
The seamless rings segment is expected to lead the ring rolling products market.
The Industry registered a 4.4% CAGR between 2018 and 2022.
The United States is expected to reach a valuation of US$ 6,716.2 million until 2033.
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. Component Innovation / Development Trends
4. Key Success Factors
4.1. Component Adoption / Usage Analysis
4.2. Component USP’s / Features
4.3. Strategic Promotional Strategies
5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Volume (Units) Analysis, 2018 to 2022
5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
6.1. Regional Pricing Analysis By Product
6.2. Global Average Pricing Analysis Benchmark
7. Global 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 Economic Growth outlook
8.1.3. Global Real GDP Growth Overview
8.1.4. Global Manufacturing Value Added
8.1.5. Global Wind Energy Outlook
8.1.6. Global Automotive Production Outlook
8.1.7. 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. Growth Rate of Application Sectors
8.2.6. COVID-19 Impact Assessment
8.3. Value Chain
8.3.1. Raw Material Suppliers
8.3.2. Component Manufacturers
8.3.3. Channel Partners
8.3.4. Distributors
8.3.5. End-Users
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
8.6. Patent Analysis
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) and Volume Analysis By Product, 2018 to 2022
9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Product, 2023 to 2033
9.3.1. Slew Bearings
9.3.2. Turbine Disk
9.3.3. Gear Blanks
9.3.4. Aerospace Component
9.3.5. Wind Turbine components
9.3.6. Seamless Ring
9.3.7. Pressure Vessels
9.4. Market Attractiveness Analysis By Product
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Size
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) and Volume Analysis By Size, 2018 to 2022
10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Size, 2023 to 2033
10.3.1. Up to 500 mm
10.3.2. 500 to 1000 mm
10.3.3. 1000 to 2000 mm
10.3.4. 2000 to 3000 mm
10.3.5. 3000 to 4000 mm
10.3.6. 4000 to 5000 mm
10.4. Market Attractiveness Analysis By Size
11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Used
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Million) and Volume Analysis By Material Used, 2018 to 2022
11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Material Used, 2023 to 2033
11.3.1. Steel
11.3.2. Aluminum
11.3.3. Titanium
11.3.4. Nickel based Alloy
11.3.5. Others
11.4. Market Attractiveness Analysis By Material Used
12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Production Technology
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Million) and Volume Analysis By Production Technology, 2018 to 2022
12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Production Technology, 2023 to 2033
12.3.1. Horizontal ring rolling,
12.3.2. Vertical ring rolling,
12.3.3. Radial-axial ring rolling.
12.4. Market Attractiveness Analysis By Production Technology
13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
13.1. Introduction / Key Findings
13.2. Historical Market Size (US$ Million) and Volume Analysis By End Use, 2018 to 2022
13.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End Use, 2023 to 2033
13.3.1. Automotive industry
13.3.2. Aerospace industry
13.3.3. Railway Industry
13.3.4. Marine
13.3.5. Oil and Gas
13.3.6. Wind Power
13.3.7. Construction
13.3.8. Others
13.4. Market Attractiveness Analysis By End Use
14. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
14.1. Introduction
14.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2018 to 2022
14.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2023 to 2033
14.3.1. North America
14.3.2. Latin America
14.3.3. Western Europe
14.3.4. Eastern Europe
14.3.5. Central Asia
14.3.6. Russia & Belarus
14.3.7. Balkan & Baltic Countries
14.3.8. Middle East and Africa
14.3.9. East Asia
14.3.10. South Asia and Pacific
14.4. Market Attractiveness Analysis By Region
15. North America 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. United States
15.4.1.2. Canada
15.4.2. By Product
15.4.3. By Material Used
15.4.4. By Production Technology
15.4.5. By End Use
15.4.6. By Size
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product
15.5.3. By Material Used
15.5.4. By Production Technology
15.5.5. By End Use
15.5.6. By Size
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. Latin America 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. Brazil
16.4.1.2. Mexico
16.4.1.3. Argentina
16.4.1.4. Rest of Latin America
16.4.2. By Product
16.4.3. By Material Used
16.4.4. By Production Technology
16.4.5. By End Use
16.4.6. By Size
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product
16.5.3. By Material Used
16.5.4. By Production Technology
16.5.5. By End Use
16.5.6. By Size
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. Western Europe 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. Germany
17.4.1.2. Italy
17.4.1.3. France
17.4.1.4. United Kingdom
17.4.1.5. Spain
17.4.1.6. BENELUX
17.4.1.7. NORDICS
17.4.1.8. Rest of Western Europe
17.4.2. By Product
17.4.3. By Material Used
17.4.4. By Production Technology
17.4.5. By End Use
17.4.6. By Size
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product
17.5.3. By Material Used
17.5.4. By Production Technology
17.5.5. By End Use
17.5.6. By Size
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. Eastern Europe 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 Country
18.4.1.1. Poland
18.4.1.2. Hungary
18.4.1.3. Romania
18.4.1.4. Czech Republic
18.4.1.5. Rest of Eastern Europe
18.4.2. By Product
18.4.3. By Material Used
18.4.4. By Production Technology
18.4.5. By End Use
18.4.6. By Size
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Product
18.5.3. By Material Used
18.5.4. By Production Technology
18.5.5. By End Use
18.5.6. By Size
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. Central Asia 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 Product
19.4.2. By Material Used
19.4.3. By Production Technology
19.4.4. By End Use
19.4.5. By Size
19.5. Market Attractiveness Analysis
19.5.1. By Product
19.5.2. By Material Used
19.5.3. By Production Technology
19.5.4. By End Use
19.5.5. By Size
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
19.8. Drivers and Restraints - Impact Analysis
20. Russia & Belarus 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 Product
20.4.2. By Material Used
20.4.3. By Production Technology
20.4.4. By Size
20.5. Market Attractiveness Analysis
20.5.1. By Product
20.5.2. By Material Used
20.5.3. By Production Technology
20.5.4. By End Use
20.5.5. By Size
20.6. Market Trends
20.7. Key Market Participants - Intensity Mapping
20.8. Drivers and Restraints - Impact Analysis
21. Balkan & Baltic Countries 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 Product
21.4.2. By Material Used
21.4.3. By Production Technology
21.4.4. By End Use
21.4.5. By Size
21.5. Market Attractiveness Analysis
21.5.1. By Product
21.5.2. By Material Used
21.5.3. By Production Technology
21.5.4. By End Use
21.5.5. By Size
21.6. Market Trends
21.7. Key Market Participants - Intensity Mapping
21.8. Drivers and Restraints - Impact Analysis
22. South Asia & Pacific 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. India
22.4.1.2. ASEAN
22.4.1.3. Oceania
22.4.1.4. Rest of South Asia & Pacific
22.4.2. By Product
22.4.3. By Material Used
22.4.4. By Production Technology
22.4.5. By End Use
22.4.6. By Size
22.5. Market Attractiveness Analysis
22.5.1. By Country
22.5.2. By Product
22.5.3. By Material Used
22.5.4. By Production Technology
22.5.5. By End Use
22.5.6. By Size
22.6. Market Trends
22.7. Key Market Participants - Intensity Mapping
22.8. Drivers and Restraints - Impact Analysis
23. East Asia 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. China
23.4.1.2. Japan
23.4.1.3. South Korea
23.4.2. By Product
23.4.3. By Material Used
23.4.4. By Production Technology
23.4.5. By End Use
23.4.6. By Size
23.5. Market Attractiveness Analysis
23.5.1. By Country
23.5.2. By Product
23.5.3. By Material Used
23.5.4. By Production Technology
23.5.5. By End Use
23.5.6. By Size
23.6. Market Trends
23.7. Key Market Participants - Intensity Mapping
23.8. Drivers and Restraints - Impact Analysis
24. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
24.1. Introduction
24.2. Pricing Analysis
24.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
24.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
24.4.1. By Country
24.4.1.1. KSA
24.4.1.2. United Arab Emirates
24.4.1.3. Türkiye
24.4.1.4. Northern Africa
24.4.1.5. South Africa
24.4.1.6. Rest of Middle East and Africa
24.4.2. By Product
24.4.3. By Material Used
24.4.4. By Production Technology
24.4.5. By End Use
24.4.6. By Size
24.5. Market Attractiveness Analysis
24.5.1. By Country
24.5.2. By Product
24.5.3. By Material Used
24.5.4. By Production Technology
24.5.5. By End Use
24.5.6. By Size
24.6. Market Trends
24.7. Key Market Participants - Intensity Mapping
24.8. Drivers and Restraints - Impact Analysis
25. Country Wise Market Analysis
25.1. Introduction
25.1.1. Market Value Proportion Analysis, By Key Countries
25.1.2. Global Vs. Country Growth Comparison
25.2. United States Market Analysis
25.2.1. By Product
25.2.2. By Material Used
25.2.3. By Production Technology
25.2.4. By End Use
25.2.5. By Size
25.3. Canada Market Analysis
25.3.1. By Product
25.3.2. By Material Used
25.3.3. By Production Technology
25.3.4. By End Use
25.3.5. By Size
25.4. Mexico Market Analysis
25.4.1. By Product
25.4.2. By Material Used
25.4.3. By Production Technology
25.4.4. By End Use
25.4.5. By Size
25.5. Brazil Market Analysis
25.5.1. By Product
25.5.2. By Material Used
25.5.3. By Production Technology
25.5.4. By End Use
25.5.5. By Size
25.6. Argentina Market Analysis
25.6.1. By Product
25.6.2. By Material Used
25.6.3. By Production Technology
25.6.4. By End Use
25.6.5. By Size
25.7. Germany Market Analysis
25.7.1. By Product
25.7.2. By Material Used
25.7.3. By Production Technology
25.7.4. By End Use
25.7.5. By Size
25.8. Italy Market Analysis
25.8.1. By Product
25.8.2. By Material Used
25.8.3. By Production Technology
25.8.4. By End Use
25.8.5. By Size
25.9. France Market Analysis
25.9.1. By Product
25.9.2. By Material Used
25.9.3. By Production Technology
25.9.4. By End Use
25.9.5. By Size
25.10. United Kingdom Market Analysis
25.10.1. By Product
25.10.2. By Material Used
25.10.3. By Production Technology
25.10.4. By End Use
25.10.5. By Size
25.11. Spain Market Analysis
25.11.1. By Product
25.11.2. By Material Used
25.11.3. By Production Technology
25.11.4. By End Use
25.11.5. By Size
25.12. NORDICS Market Analysis
25.12.1. By Product
25.12.2. By Material Used
25.12.3. By Production Technology
25.12.4. By End Use
25.12.5. By Size
25.13. Poland Market Analysis
25.13.1. By Product
25.13.2. By Material Used
25.13.3. By Production Technology
25.13.4. By End Use
25.13.5. By Size
25.14. Hungary Market Analysis
25.14.1. By Product
25.14.2. By Material Used
25.14.3. By Production Technology
25.14.4. By End Use
25.14.5. By Size
25.15. Romania Market Analysis
25.15.1. By Product
25.15.2. By Material Used
25.15.3. By Production Technology
25.15.4. By End Use
25.15.5. By Size
25.16. Czech Republic Market Analysis
25.16.1. By Product
25.16.2. By Material Used
25.16.3. By Production Technology
25.16.4. By End Use
25.16.5. By Size
25.17. China Market Analysis
25.17.1. By Product
25.17.2. By Material Used
25.17.3. By Production Technology
25.17.4. By End Use
25.17.5. By Size
25.18. Japan Market Analysis
25.18.1. By Product
25.18.2. By Material Used
25.18.3. By Production Technology
25.18.4. By End Use
25.18.5. By Size
25.19. South Korea Market Analysis
25.19.1. By Product
25.19.2. By Material Used
25.19.3. By Production Technology
25.19.4. By End Use
25.19.5. By Size
25.20. India Market Analysis
25.20.1. By Product
25.20.2. By Material Used
25.20.3. By Production Technology
25.20.4. By End Use
25.20.5. By Size
25.21. ASEAN Market Analysis
25.21.1. By Product
25.21.2. By Material Used
25.21.3. By Production Technology
25.21.4. By End Use
25.21.5. By Size
25.22. Australia and New Zealand Market Analysis
25.22.1. By Product
25.22.2. By Material Used
25.22.3. By Production Technology
25.22.4. By End Use
25.22.5. By Size
25.23. KSA Market Analysis
25.23.1. By Product
25.23.2. By Material Used
25.23.3. By Production Technology
25.23.4. By End Use
25.23.5. By Size
25.24. United Arab Emirates Market Analysis
25.24.1. By Product
25.24.2. By Material Used
25.24.3. By Production Technology
25.24.4. By End Use
25.24.5. By Size
25.25. Northern Africa Market Analysis
25.25.1. By Product
25.25.2. By Material Used
25.25.3. By Production Technology
25.25.4. By End Use
25.25.5. By Size
25.26. Türkiye Market Analysis
25.26.1. By Product
25.26.2. By Material Used
25.26.3. By Production Technology
25.26.4. By End Use
25.26.5. By Size
25.27. South Africa Market Analysis
25.27.1. By Product
25.27.2. By Material Used
25.27.3. By Production Technology
25.27.4. By End Use
25.27.5. By Size
26. Market Structure Analysis
26.1. Market Analysis by Tier of Companies (Ring Rolling Products)
26.2. Market Concentration
26.3. Market Share Analysis of Top Players
26.4. Market Presence Analysis
27. Competition Analysis
27.1. Competition Dashboard
27.2. Competition Benchmarking
27.3. Competition Deep Dive
27.3.1. ThyssenKrupp AG
27.3.1.1. Overview
27.3.1.2. Component Portfolio
27.3.1.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.1.4. Sales Footprint
27.3.1.5. Strategy Overview
27.3.2. Siemens AG
27.3.2.1. Overview
27.3.2.2. Component Portfolio
27.3.2.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.2.4. Sales Footprint
27.3.2.5. Strategy Overview
27.3.3. Mitsubishi Heavy Industries, Ltd.
27.3.3.1. Overview
27.3.3.2. Component Portfolio
27.3.3.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.3.4. Sales Footprint
27.3.3.5. Strategy Overview
27.3.4. Nippon Steel & Sumitomo Metal Corporation
27.3.4.1. Overview
27.3.4.2. Component Portfolio
27.3.4.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.4.4. Sales Footprint
27.3.4.5. Strategy Overview
27.3.5. Bharat Forge Limited
27.3.5.1. Overview
27.3.5.2. Component Portfolio
27.3.5.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.5.4. Sales Footprint
27.3.5.5. Strategy Overview
27.3.6. Zollern GmbH & Co. KG
27.3.6.1. Overview
27.3.6.2. Component Portfolio
27.3.6.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.6.4. Sales Footprint
27.3.6.5. Strategy Overview
27.3.7. SMS group GmbH
27.3.7.1. Overview
27.3.7.2. Component Portfolio
27.3.7.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.7.4. Sales Footprint
27.3.7.5. Strategy Overview
27.3.8. China First Heavy Industries
27.3.8.1. Overview
27.3.8.2. Component Portfolio
27.3.8.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.8.4. Sales Footprint
27.3.8.5. Strategy Overview
27.3.9. Kuhn Special Steel North America, Inc.
27.3.9.1. Overview
27.3.9.2. Component Portfolio
27.3.9.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.9.4. Sales Footprint
27.3.9.5. Strategy Overview
27.3.10. Precision Rings Inc.
27.3.10.1. Overview
27.3.10.2. Component Portfolio
27.3.10.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.10.4. Sales Footprint
27.3.10.5. Strategy Overview
27.3.11. Fountaintown Forge, Inc.
27.3.11.1. Overview
27.3.11.2. Component Portfolio
27.3.11.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.11.4. Sales Footprint
27.3.11.5. Strategy Overview
27.3.12. Seamless Rolled Rings & Open Die Forgings
27.3.12.1. Overview
27.3.12.2. Component Portfolio
27.3.12.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.12.4. Sales Footprint
27.3.12.5. Strategy Overview
27.3.13. Ringmasters LLC
27.3.13.1. Overview
27.3.13.2. Component Portfolio
27.3.13.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.13.4. Sales Footprint
27.3.13.5. Strategy Overview
27.3.14. All Metals & Forge Group, LLC
27.3.14.1. Overview
27.3.14.2. Component Portfolio
27.3.14.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.14.4. Sales Footprint
27.3.14.5. Strategy Overview
27.3.15. Wuxi Paike New Materials Technology Co., Ltd.
27.3.15.1. Overview
27.3.15.2. Component Portfolio
27.3.15.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.15.4. Sales Footprint
27.3.15.5. Strategy Overview
27.3.16. Jiangsu Zhuhong Forging Co., Ltd.
27.3.16.1. Overview
27.3.16.2. Component Portfolio
27.3.16.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.16.4. Sales Footprint
27.3.16.5. Strategy Overview
27.3.17. Jiangyin Hengrun Heavy Industries Co., Ltd.
27.3.17.1. Overview
27.3.17.2. Component Portfolio
27.3.17.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.17.4. Sales Footprint
27.3.17.5. Strategy Overview
27.3.18. Suzhou Seamay Metal Materials Co., Ltd.
27.3.18.1. Overview
27.3.18.2. Component Portfolio
27.3.18.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.18.4. Sales Footprint
27.3.18.5. Strategy Overview
27.3.19. Zhangjiagang Zhongzhong Import&Export Co., Ltd.
27.3.19.1. Overview
27.3.19.2. Component Portfolio
27.3.19.3. Profitability by Market Segments (Product/Material Used/Production technology/End Use/Size/Region)
27.3.19.4. Sales Footprint
27.3.19.5. Strategy Overview
Note: List of companies is subject to further refinement and augmentation during the course of research.
28. Assumptions and Acronyms Used
29. Research Methodology
Explore Industrial Automation Insights
View Reports