한글목차

세계 금속 단조 시장의 미래는 운송, 항공우주, 석유 및 가스, 건설, 농업, 발전, 해양 시장에서의 기회로 인해 유망해 보입니다. 세계 금속 단조 시장은 2025-2031년 7.2%의 연평균 복합 성장률(CAGR)로 2031년까지 약 1,199억 달러에 달할 것으로 예측됩니다. 이 시장의 주요 촉진요인은 항공우주 산업에서 금속 단조 부품에 대한 수요 증가, 경량 및 고강도 재료에 대한 중요성 증가, 전 세계 플라이어 수 증가입니다.

• Lucintel의 예측에 따르면 원자재별로는 탄소강이 저렴한 가격과 폭넓은 가용성으로 인해 유전 및 자동차 분야에서 많이 사용되므로 예측 기간 중 가장 큰 부문으로 남을 것으로 예측됩니다.
• 용도별로는 신뢰성, 강도, 내구성 등 많은 장점을 가진 금속 단조가 이 분야에서 많이 사용되므로 자동차가 가장 큰 부문으로 남을 것으로 보입니다.
• 지역별로는 아시아태평양이 공항, 철도, 교량 건설에 대한 지출이 증가함에 따라 예측 기간 중 가장 규모가 큰 지역으로 남을 것으로 보입니다.

금속 단조 시장의 전략적 성장 기회

고성능 소재에 대한 수요의 급속한 증가, 기술 발전, 산업 전반의 지속가능성 추세는 금속 단조품의 다양한 용도에 대한 큰 비즈니스 잠재력을 창출하고 있습니다. 이러한 기회를 포착하고 활용함으로써 기업은 시장에서의 입지를 강화하고 장기적으로 지속가능한 성장을 달성할 수 있습니다. 이 섹션에서는 금속 단조품 시장의 5가지 주요 성장 기회를 살펴보고, 이들이 업계에 미칠 수 있는 잠재적 영향에 초점을 맞추어 설명합니다.

• 항공우주 응용: 항공우주 산업은 금속 단조 시장에 큰 성장 기회를 제공합니다. 첨단 합금을 생산하고 정밀 단조 기술을 개발하기 위해 기업은 경량화 및 고강도 부품 제작에 투자하고 있습니다. 항공기 제조업체의 정비 및 수리 담당자가 해당 부문의 품질 기준과 성능을 충족하기 위해 단조 부품을 요구함에 따라 제조 부품에 대한 수요가 증가하여 시장의 큰 성장으로 이어질 것입니다.
• 자동차 부문: 자동차 부문은 금속 단조 산업의 주요 촉진요인 중 하나이며, 특히 전기자동차(EV) 시장에서 두드러지는데, EV는 수명주기가 연장된 경량 부품이 필요하므로 단조 제품에 대한 수요가 증가하고 있습니다. 따라서 기업이 이 성장 시장에서 점유율을 확보하려면 EV에 최적화된 최신 단조 기술을 채택하여 고성능 부품 생산을 통한 성능 향상을 실현하는 새로운 재료 과학을 제시해야 합니다.
• 건설 산업 : 금속 단조는 건설 산업, 특히 구조 부품 제조에서 큰 기회를 발견합니다. 건축의 난이도가 높아지고 요구 사항이 높아짐에 따라 단조 부품과 그 높은 품질에 대한 요구도 증가하고 있습니다. 이와 더불어, 맞춤화 능력과 건축 산업의 특정 요구 사항을 이해하는 기업의 능력은 이 특정 부문에서 성공 여부를 결정합니다.
• 의료기기: 의료기기는 금속 단조 시장의 주요 성장 분야로 부상하고 있습니다. 최근 실시된 한 조사에 따르면 정밀 단조 부품을 사용하는 의료기기와 임플란트의 상관관계가 매년 증가하고 있는 것으로 나타났습니다. 의료 분야는 매우 높은 수준의 품질이 요구되므로 자체 생산을 통해만 달성할 수 있는 현명함이 있으며, 브랜드 인지도를 높이는 마케팅 캠페인 등 다른 것 중에서도 장기적으로 더 높은 매출으로 이어질 수 있도록 더 잘 조정할 수 있습니다.
• 석유 및 가스 부문: 석유 및 가스는 여전히 금속 단조 산업의 주요 성장 분야입니다. 탐사, 시추 및 생산 공정이 내식성과 고강도 부품에 크게 의존하고 있기 때문입니다. 세계 에너지 수요가 증가함에 따라 내구성과 고성능의 석유 및 가스 단조 부품을 제공할 수 있는 기업은 지속적으로 사업을 확장할 것으로 보입니다.

금속 단조 시장의 확대와 혁신의 가능성은 이러한 전략적 성장 기회를 통해 알 수 있습니다. 업계의 요구를 충족시키면서 효율적이고 지속가능한 개발을 강화하기 위해 기업은 관련 산업 내에서 첨단 기술을 활용하여 그린 테크놀러지을 채택해야 합니다.

금속 단조 시장 성장 촉진요인 및 과제

그러나 엄격한 환경-보건-안전(EHS) 법규나 공급망 중단과 같은 것이 이러한 성과 달성에 걸림돌이 될 수도 있습니다.

금속 단조 시장을 촉진하는 요인은 다음과 같습니다.

1. 기술 발전: 금속 단조 시장의 성장은 자동화, 정밀 단조, 3D 프린팅과 같은 기술 발전으로 인한 것입니다. 이러한 발전은 효율성을 높이고, 낭비를 줄이며, 더 복잡한 형상의 제조를 가능하게 하여 우수한 제품을 생산할 수 있게 합니다. 이는 제조의 지속적인 개선을 통해 실현되고 있으며, 세계 시장에서 기업의 경쟁력 강화에 중요한 역할을 할 것으로 기대됩니다.

2. 고성능 소재에 대한 수요 증가: 금속 단조 부문은 특히 항공우주 산업과 자동차 산업에서 고성능 소재에 대한 수요 증가에 힘입어 성장하고 있습니다. 첨단 합금 및 복합재료의 생산이 증가하고 있는 것은 가볍고 견고한 고강도 부품에 대한 수요가 증가하고 있기 때문입니다. 이러한 추세는 경제가 효율성을 추구하는 동시에 환경 부하를 줄이는 데 중점을 두고 있으므로 앞으로도 지속될 것으로 예상되며, 이는 이 산업에서 사업을 전개하는 기업에게 좋은 기회가 될 것입니다.

3. 세계화와 공급망 최적화: 세계화와 공급망 최적화는 금속 단조 산업을 이끄는 주요 요인 중 일부입니다. 기업은 생산 능력을 확장하고, 비용을 절감하고 납기를 개선하기 위해 첨단 물류에 투자하고 있습니다. 이러한 추세는 불투명한 정치 및 경제 상황에서도 단조품의 세계 가용성을 보장하고 단조품 조달의 중단을 허용하지 않는 공급망의 탄력성을 촉진하는 데 도움이 됩니다.

4. 자동차 산업의 성장: 자동차 산업, 특히 전기자동차(EV)는 금속 단조 시장의 성장을 크게 견인하고 있습니다. 현재 사용되는 자동차 설계의 무게 제한에 따른 내구성 문제로 인해 제조업체들은 더 많은 합금 부품을 생산하고 있으며, 따라서 주조 부품 사업, 특히 이러한 자동차에 필요한 합금을 다루는 사업이 전 세계에서 빠르게 발전

5. 환경 규제와 지속가능성: 지속가능성과 연계된 엄격한 환경 규제가 금속 단조 시장의 변화를 촉진하고 있습니다. 기업은 에너지 효율이 높은 용광로 사용, 환경 친화적인 선택을 원하는 소비자의 컴플라이언스 요구사항에 따른 폐기물 감소 등 환경 친화적인 관행을 채택하고 있으며, 그 결과 기존 폐기 기술과 달리 환경에 미치는 영향을 최소화하면서 지속가능성을 전파하는 재활용 및 재활용 프로그램과 같은 환경 친화적인 수단을 통해 이러한 특성을 추구하는 고객들 사이에서 환경 보호가 촉진되고 있습니다. 재활용 프로그램과 같은 환경 친화적 수단을 통해 이러한 특성을 추구하는 고객들 사이에서 환경 보호가 촉진되고, 특히 환경 보호에 관심이 많은 고객들 사이에서 경쟁 우위를 점

금속 단조 시장이 해결해야 할 과제는 다음과 같습니다.

1. 높은 생산 비용 : 금속 단조 산업은 주로 원자재 및 에너지 가격 상승으로 인한 높은 생산 비용에 시달리고 있습니다. 이는 기업의 수익성에 영향을 미치고 소규모 기업은 경쟁에서 어려움을 겪고 있습니다. 기업은 비용 절감 기술을 채택하여 효율성 수준을 개선하기 위해 노력하고 있지만, 높은 생산 비용은 여전히 성장에 큰 장애물이 되고 있습니다.

2. 공급망 혼란: 금속 단조 시장은 지정학적 긴장, 자연재해, 세계 전염병으로 인한 공급망 혼란으로 인해 큰 문제에 직면해 있습니다. 이는 생산 지연 및 비용 상승, 제조 목적의 원자재 수급 어려움으로 이어질 수 있습니다. 공급망 복원력을 강화하기 위한 전략 개발이 시도되어 왔지만, 이러한 중단은 여전히 예측할 수 없는 상황으로 업계의 도전이 되고 있습니다.

3. 엄격한 환경 규제 : 엄격한 환경 규제, 특히 폐기물 관리 및 배출에 관한 규제는 금속 단조 부문에 영향을 미칩니다. 이러한 요구 사항을 충족하는 것은 비용이 많이 들고 복잡하므로 기업은 이러한 법률을 준수해야 하므로 새로운 기술과 시스템에 많은 투자를 해야 합니다. 이러한 규제는 환경에 긍정적인 영향을 미치지만, 비용과 조직 차원의 변화, 관련 컴플라이언스 문제 등 여러 가지 과제가 있으며, 매출뿐만 아니라 이 산업 분야의 사업체 운영에도 영향을 미치고 있습니다.

금속 단조 시장의 주요 엔진과 장애물은 그 성장과 개발을 형성해 왔습니다. 기술 발전과 고성능 소재에 대한 수요 증가가 시장을 주도하는 반면, 고가의 생산 비용, 공급 불일치, 엄격한 환경 규제와 같은 큰 문제들이 장애물이 되고 있습니다. 따라서 기업은 이러한 과제를 극복하고 세계 경쟁에서 살아남기 위해서는 이러한 원동력을 통해 얻을 수 있는 잠재적 이익을 적극적으로 활용할 수 있는 기술을 습득해야 합니다.

목차

제1장 개요

제2장 세계의 금속 단조 시장 : 시장 역학

• 서론, 배경, 분류
• 공급망
• 업계의 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 금속 단조 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 금속 단조 시장 : 원재료별
  • 탄소강
  • 합금강
  • 알루미늄
  • 마그네슘
  • 스테인리스강
  • 티타늄
  • 기타
• 세계의 금속 단조 시장 : 용도별
  • 운송
  • 항공우주
  • 석유 및 가스
  • 건설
  • 농업
  • 발전
  • 선박
  • 기타

제4장 지역별 시장 동향과 예측 분석(2019-2031년)

• 세계의 금속 단조 시장 : 지역별
• 북미의 금속 단조 시장
• 유럽의 금속 단조 시장
• 아시아태평양의 금속 단조 시장
• 기타 지역의 금속 단조 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 금속 단조 시장의 성장 기회 : 원재료별
  • 세계의 금속 단조 시장의 성장 기회 : 용도별
  • 세계의 금속 단조 시장의 성장 기회 : 지역별
• 세계의 금속 단조 시장의 새로운 동향
• 전략적 분석
  • 신제품 개발
  • 세계의 금속 단조 시장의 생산능력 확대
  • 세계의 금속 단조 시장에서의 기업인수합병(M&A), 합병사업
  • 인증과 라이선싱

제7장 주요 기업의 개요

• Aronic
• ATI
• Bharat Forge
• Bruck
• China First Heavy Machinery
• ELLWOOD
• Jiangyin Hengrun Heavy Industries
• Nippon Steel
• Precision Castparts
• Larsen & Toubro

영문목차

The future of the global metal forging market looks promising with opportunities in the transportation, aerospace, oil & gas, construction, agriculture, power generation, and marine markets. The global metal forging market is expected to reach an estimated $119.9 billion by 2031 with a CAGR of 7.2% from 2025 to 2031. The major drivers for this market are growing demand for metal forged parts from the aerospace industry, increased emphasis on lightweight and high-strength materials, and an expanding number of flyers across the globe.

• Lucintel forecasts that, within the raw material category, carbon steel will remain the largest segment over the forecast period due to its substantial usage in oilfield and automotive applications, given its affordability and wide availability.
• Within the application category, automotive will remain the largest segment due to the substantial use of metal forging in this sector, given its numerous benefits, such as dependability, strength, and durability.
• In terms of region, APAC will remain the largest region over the forecast period due to increased expenditures for the construction of airports, railroad tracks, and bridges in the region.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Metal Forging Market

Advances in technology have brought about changes in the preferences of customers, which has transformed the metal forging industry with impacts on the economic landscape globally. Some emerging trends are influencing this sector, thus shaping what it looks like, from production processes to market dynamics. This chapter explains each of these five crucial trends, outlining their impact on metal industries overall and future implications for the sector.

• Automation and Digitalization: Metal forging is going through a transformation as automation and digitalization are integrated into production processes. To deliver more accuracy, save waste, boost efficiency, and manage costs, this is being done by utilizing technologies such as Robotics, AI, and IoT. These developments enable real-time monitoring of processes and predictive maintenance that reduces downtime, thereby boosting productivity at large. Consequently, the adoption of these technologies has become necessary for manufacturers who strive to meet higher quality standards at lower costs to remain competitive in the global market.
• Shift Toward Lightweight Materials: The metal forging industry is now seeing increased demand for lightweight materials, most notably in the automotive and aerospace industries. The use of advanced alloys and composites has become a common practice among manufacturers to reduce weight while maintaining strength. This trend has been necessitated by the need for fuel efficiency as well as reduced emissions. The companies, therefore, engage themselves in R&D aimed at developing new materials and forging techniques sensitive to these demands so that they can take advantage of this rapidly growing market.
• Sustainable Forging Practices: Metal forging firms are increasingly concerned with sustainability issues. To minimize their impacts on the environment, companies have adopted green approaches like energy-saving ovens or methods that reduce waste. Such moves have been triggered by strict regulations from the government side, along with consumer preference for environmentally-friendly products. Sustainability not only helps organizations conform to guidelines but also makes them more attractive in terms of marketing, especially when targeting customers with environmental concerns, hence giving them an edge over others.
• Global Supply Chain optimization: There's an increasing focus on optimizing global supply chains to improve efficiency while reducing costs within metal forging marketplaces. Companies are investing heavily in sophisticated logistics systems, which include strategic partnerships as well as local production plants capable of mitigating risks associated with disruptions across borders. This aspect is critical given that supply chain resilience should be maintained by manufacturers towards geopolitical uncertainties or economic changes to ensure that they can deliver their forged products without fail to customers.
• The Rise of Electric Vehicles (EVs): Forged components are in high demand, driven by the growth of electric vehicles (EVs), particularly lightweight and high-strength parts. The metal forging industry is developing materials and processes tailored to the EV manufacturers' needs. These include the production of components that are crucial for battery systems and electric drivetrains. The increase in EV market share means that the demand for these forged items will continue to grow, with a lot of opportunities for companies engaged in forging business.

These emerging trends are reshaping the metal forging market, driving innovation, and creating new opportunities. Businesses can thrive within this changing landscape provided they adjust accordingly to embrace advanced technologies as well as sustainable practices. Staying ahead of these trends will be key in ensuring competitiveness within a market that evolves, hence guaranteeing long-term success for players operating within the global metal forging industry.

Recent Developments in the Metal Forging Market

Technological changes, along with alterations in regulations brought about by industrial demands, have led to significant developments within the metal forging market space. These transformations have made it possible, thus enabling new opportunities to challenge traditional beliefs. This section outlines five main issues currently affecting the metal forging market, showing how these would shape its future direction at large.

• Innovative Developments in Forging Technology: Recent advances in forging technology have resulted in various methods, such as precision forging and 3D printing, that are currently changing the industry. This new era of manufacturing has been characterized by improved accuracy, reduced material wastage, and the feasibility of making complex forms. These developments are helping manufacturers to produce better products faster while streamlining their production processes, thus enabling businesses to adopt the technologies to stay ahead of the competition.
• The Augmentation of Global Manufacturing Capacities: The metal forging market has witnessed a significant rise where global manufacturing capacities are concerned, especially in emerging markets such as India and Southeast Asia. Companies are setting up new plants or upgrading existing ones so that they can meet the increasing demand for forged parts in various industries. As a result, there is a reduction of lead times and costs associated with forgings, leading to the accessibility of these products by a broader customer base, thereby improving global competitiveness.
• Strategic Partnerships and Collaborations: There has been an increase in strategic partnerships and collaborative efforts within the metal forging sector. The companies pool their resources, skills, knowledge, etc., hence coming up with innovations along with enhanced production capabilities. Such partnerships become more critical at stages where they focus on developing fresh materials and techniques required for companies' survival in swiftly changing markets. That's how collaboration promotes growth as well as creates opportunities for development within the industry.
• Sustainability Focus: Concerns about environmental sustainability have become a key feature among firms engaged in metal forging activities, which seek to minimize their ecological footprints through greening operations. Energy-efficient machinery recycling waste materials and reduction initiatives form part of this program. Environmental guidelines, including consumer demand, drive these efforts aimed at attaining sustainable goals for different stakeholders involved. Consequently, corporations that emphasize green policies may receive benefits because it will help them differentiate from rivals who do not pay attention to sustainability issues.
• Growing Demand for High-Performance Alloys: High-performance alloys, especially in aerospace and automotive industries, are a hot cake within the metal forging industry. These alloys have high strength and durability and can withstand harsh conditions, which makes them suitable for mission-critical applications. As a result, manufacturers have started producing these materials to meet their customers' specific requirements, thus resulting in new product lines and wider markets.

The above-mentioned developments are significantly influencing the metal forging market by driving innovations, expanding capacities, and creating new avenues for growth. Thus, any company that can make use of such opportunities to improve its manufacturing processes, reduce costs as well and produce quality products is aptly placed in global competition.

Strategic Growth Opportunities for Metal Forging Market

The rapidly growing demand for high-performance materials, technological advancements, and sustainability trends across industries create significant business potential in different applications of metal forgings. By identifying and tapping into these opportunities, companies can enhance their market presence and achieve sustainable long-term growth. This section outlines five key growth opportunities in the metal forging market, focusing on their potential impact on the industry.

• Aerospace Applications: The aerospace industry presents significant growth opportunities for the forging market of metals. To create advanced alloys and develop precision forging techniques, companies are investing in creating lightweight, high-strength components. With demand for forged parts by aircraft manufacturers' maintenance and repair personnel to meet the sector's quality standards and performance, there will be an increased need for manufactured parts, thus leading to huge market growth.
• Automotive Sector: The automotive sector is one of the main drivers of the metal forging industry, which is especially noticeable in the electric vehicles (EVs) market. The need for light components with extended life cycles in EVs has resulted in more demand for forged products. So, if a company wants to take a share of this growing market, it should come up with new material science to provide improved performance through high-performance component production by adopting modern forging technologies that are best suited for EVs.
• Construction Industry: Metal Forging finds substantial opportunities in the construction industry, particularly structural component manufacturing. As buildings became more architecturally challenging and demanding, the need for forged parts and their higher quality were increasing as well. In addition to this, customization ability or companies' ability to understand specific needs of the building industry can also define whether they succeed or not within this particular segment.
• Medical Devices: Medical devices are emerging as a major growth area for the metal forgings market because the correlation between medical instruments or implants that use precision-forged components keeps rising every year according to recent research into this problem again conducted recently too; they prove that making these precise elements instead of buying them from other sources it saves money all together whilst ensuring compliance with regulations since medical field requires very high standards quality wise only achieved through self-production thus better alignment towards higher revenue over longer periods among other things such as marketing campaigns promoting brand visibility etc.
• Oil and Gas Sector: Oil and gas remain key growth segments for the metal forging industry because they still drive the highest demand. It's because exploration, drilling as well as production processes highly depend on resistance to corrosion and high-strength components. In line with global energy demands that go up, companies able to deliver durable and high-performance oil & gas forged parts will keep growing their businesses.

The possibility of expansion and innovation in the metal forging market is evident from these strategic growth opportunities. In a bid to enhance efficient, sustainable development whilst meeting industry needs, firms must adopt green technologies through leveraging advanced technologies within the industries concerned.

Metal Forging Market Driver and Challenges

Advancement technology and rising demand for performance materials due to increasing environmental regulations have been driving forces behind the growth of the metal forgings marketplace; however, some things like stringent EHS laws or even supply chain interruptions could become hindrances towards such achievements as well, which means there are many factors influencing how things develop within this area, but we can only name few most significant ones anyway hence read more below about them here:

The factors responsible for driving the metal forging market include:

1. Technological Advancements: Metal forging market growth is driven by technological advancements such as automation, precision forging, and 3D printing. These advancements increase efficiency, reduce waste, and enable the production of more intricate forms that result in superior products. This has been realized as improvements in manufacturing continue to be made and are expected to play a crucial role in enhancing the competitiveness of companies in the global market.

2. Increasing Demand for High-Performance Materials: The metal forging sector is being driven by escalating demand for high-performance materials, especially in the aerospace and automotive industries. Growth in advanced alloys and composites production is due to the need for lightweight, tough, and high-strength parts. These trends will continue as economies focus on reducing environmental impacts while striving for efficiency, making it a great opportunity for firms operating within this industry.

3. Globalization and Supply Chain Optimization: Globalization and supply chain optimization are some of the main factors driving the metal forging industry. Companies are expanding their production capabilities and investing in advanced logistics to reduce costs and improve delivery times. This trend helps ensure the availability of forged items globally, even during uncertain political or economic times, besides fostering supply chain resilience, which allows uninterrupted sourcing of forged goods.

4. Growing Automotive Sector: The automotive industry, especially electric vehicles (EVs), drives growth in the metal forging market significantly. Manufacturers produce more alloyed components because of durability concerns associated with weight limitations on vehicle designs used today, hence the rapid development of cast parts businesses worldwide, particularly those dealing with alloys required for such cars.

5. Environmental Regulations and Sustainability: Tough environmental regulations coupled with sustainability drive changes in the metal forging market. Businesses have adopted environmentally friendly practices, including using energy efficient furnaces as well as cutting down on waste that comes with compliance requirements from consumers demanding greener options, hence promoting greenness among customers seeking these attributes both through eco-friendly means like recycling programs which instill sustainability while minimizing environmental impacts unlike conventional disposal techniques thus giving a competitive edge, especially among green-minded clients.

Challenges in the metal forging market are:

1. High Production Costs: The metal forging industry grapples with high production costs, mainly attributed to escalating prices of raw materials and energy. This affects the profitability of businesses and leaves small players struggling to compete. Although companies are working on improving their efficiency levels by adopting cost-saving technologies, high production expenses remain a major hindrance to growth.

2. Supply Chain Disruptions: The metal forging market is facing significant challenges due to supply chain disruptions emanating from geopolitical tensions, natural calamities, and global pandemics. These may result in production delays and increased costs, as well as difficulties in accessing raw materials for manufacturing purposes. There have been attempts to develop strategies that enhance supply chain resiliency, but these interruptions are still unpredictable, thus posing a challenge in the industry.

3. Stringent Environmental Regulations: Strict environmental regulations, particularly relating to waste management and emissions, affect the metal forging sector. It is expensive and complicated to meet such requirements, meaning that firms have had no choice but to invest heavily in new technologies and systems since they need to comply with these laws, too. While these regulations are having positive impacts on the environment, they also present challenges in terms of costs, changes that must be made at an organizational level, which are very costly, as well as compliance issues related thereto, thereby affecting not only earnings but also operations of entities within this industry.

The primary engines and hurdles in the metal forging market have shaped its growth and development. While technological advancements and a growing demand for high performance materials drive the market, there are major issues such as expensive production costs, supply inconsistencies, and stringent environmental rules that are impediments. This is why the firms should be able to sail through these challenges using their skills to make positive use of the possible benefits of these drivers to remain relevant in global competition.

List of Metal Forging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies metal forging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metal forging companies profiled in this report include-

• Aronic
• ATI
• Bharat Forge
• Bruck
• China First Heavy Machinery
• ELLWOOD
• Jiangyin Hengrun Heavy Industries
• Nippon Steel
• Precision Castparts
• Larsen & Toubro

Metal Forging by Segment

The study includes a forecast for the global metal forging market by raw material, application, and region.

Metal Forging Market by Raw Material [Analysis by Value from 2019 to 2031]:

• Carbon Steel
• Alloy Steel
• Aluminum
• Magnesium
• Stainless Steel
• Titanium
• Others

Metal Forging Market by Application [Analysis by Value from 2019 to 2031]:

• Transportation
• Aerospace
• Oil & Gas
• Construction
• Agriculture
• Power Generation
• Marine
• Others

Metal Forging Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Metal Forging Market

The process of metal forging is an essential manufacturing method where metal is shaped using localized forces under compression. This technique is important for producing high-strength parts used in different sectors such as automotive, aerospace, and construction. The metal forging industry has undergone significant changes over the past few years as a result of technological advancements, increased demand, and shifts in global dynamics. The summary identifies major developments in the United States, Japan, India, China, and Germany that have been instrumental in shaping this market.

• United States: Increased demand from the aerospace and defense industries has resulted in the growth of the American metal forging market. Technological advancement, especially automation and digitization, has improved production efficiency while lowering costs. Sustainability concerns are another factor that is pushing the adoption of environmentally friendly forging practices. Recent investments in research and development are geared towards improving material properties and increasing the life span of forged components, making the US a key innovator within the forging industry.
• China: China remains one of the biggest players in the worldwide metal forging sector, which is propelled by its vast industrial base as well as strong automotive and construction markets, among others. It aims to upgrade its manufacturing through smart manufacturing technology and automation. The government's recent efforts to cut down on carbon emissions have also affected this market with great emphasis on green forging techniques. Competitive pricing strategies coupled with its large-scale production capabilities make it remain relevant globally.
• Germany: Development of German car and engineering industries drives up their respective metal forging markets. The country has taken the lead in integrating Industry 4.0 technologies such as IoT or AI into its forge processes, enabling them to be more precise and efficient. Some notable developments include investing in lightweight materials, which are crucial for the automotive sector's transformation into electric vehicles. Germany's focus on quality production and innovation allows it to retain a strong competitive position worldwide mainly within high value applications sectors.
• India: India's metal forming market is expanding rapidly due to growth in the automobile industry along with measures like "Make In India" initiated by the government. This country has opted to improve its forging technology as well as increase production levels so that it can cater to both domestic and export demand. Recent developments include linkages with global entities to enhance manufacturing processes and product quality. Thus, in Asia-Pacific, India is fast becoming a cost-effective metallurgical hotspot.
• Japan: In Japan's metal forging market, precision and quality are the key aspects, especially in automotive and electronics-related sectors. The country has invested in advanced forging technologies such as hot forging and precision forging to meet the requirements of high performance applications. In response to consumer demand as well as regulatory pressures, there were recent changes that saw more sustainable practices being adopted. Japan's strong position within the global metal forming industry is sustained by its culture of Kaizen, or continuous improvement.

Features of the Global Metal Forging Market

Market Size Estimates: Metal forging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Metal forging market size by raw material, application, and region in terms of value ($B).

Regional Analysis: Metal forging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different raw materials, applications, and regions for the metal forging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the metal forging market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the metal forging market by raw material (carbon steel, alloy steel, aluminum, magnesium, stainless steel, titanium, and others), application (transportation, aerospace, oil & gas, construction, agriculture, power generation, marine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Metal Forging Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Metal Forging Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Metal Forging Market by Raw Material
  • 3.3.1: Carbon Steel
  • 3.3.2: Alloy Steel
  • 3.3.3: Aluminum
  • 3.3.4: Magnesium
  • 3.3.5: Stainless Steel
  • 3.3.6: Titanium
  • 3.3.7: Others
• 3.4: Global Metal Forging Market by Application
  • 3.4.1: Transportation
  • 3.4.2: Aerospace
  • 3.4.3: Oil & Gas
  • 3.4.4: Construction
  • 3.4.5: Agriculture
  • 3.4.6: Power Generation
  • 3.4.7: Marine
  • 3.4.8: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Metal Forging Market by Region
• 4.2: North American Metal Forging Market
  • 4.2.1: North American Market by Raw Material: Carbon Steel, Alloy Steel, Aluminum, Magnesium, Stainless Steel, Titanium, and Others
  • 4.2.2: North American Market by Application: Transportation, Aerospace, Oil & Gas, Construction, Agriculture, Power Generation, Marine, and Others
• 4.3: European Metal Forging Market
  • 4.3.1: European Market by Raw Material: Carbon Steel, Alloy Steel, Aluminum, Magnesium, Stainless Steel, Titanium, and Others
  • 4.3.2: European Market by Application: Transportation, Aerospace, Oil & Gas, Construction, Agriculture, Power Generation, Marine, and Others
• 4.4: APAC Metal Forging Market
  • 4.4.1: APAC Market by Raw Material: Carbon Steel, Alloy Steel, Aluminum, Magnesium, Stainless Steel, Titanium, and Others
  • 4.4.2: APAC Market by Application: Transportation, Aerospace, Oil & Gas, Construction, Agriculture, Power Generation, Marine, and Others
• 4.5: ROW Metal Forging Market
  • 4.5.1: ROW Market by Raw Material: Carbon Steel, Alloy Steel, Aluminum, Magnesium, Stainless Steel, Titanium, and Others
  • 4.5.2: ROW Market by Application: Transportation, Aerospace, Oil & Gas, Construction, Agriculture, Power Generation, Marine, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Metal Forging Market by Raw Material
  • 6.1.2: Growth Opportunities for the Global Metal Forging Market by Application
  • 6.1.3: Growth Opportunities for the Global Metal Forging Market by Region
• 6.2: Emerging Trends in the Global Metal Forging Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Metal Forging Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Metal Forging Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Aronic
• 7.2: ATI
• 7.3: Bharat Forge
• 7.4: Bruck
• 7.5: China First Heavy Machinery
• 7.6: ELLWOOD
• 7.7: Jiangyin Hengrun Heavy Industries
• 7.8: Nippon Steel
• 7.9: Precision Castparts
• 7.10: Larsen & Toubro