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Aluminum Forging<br><br>Type: Open Die Forging, Close Die Forging, Ring-Rolled Forging, Cold Forging<br>Application: Automotive, Power Management/Energy, Oil & Gas, Manufacturing Equipment, Pneumatics & hydraulics<br>Global Aluminum Forging market was valued at USD 21,535.77 Million, in 2022 and is expected to grow at a CAGR of XX% over the forecast period, from 2023 to 2030.<br>To know more: https://www.cognitivemarketresearch.com/aluminum-forgings-market-report
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Global Aluminum Forging Market Report 2023 Key Players, Types, Applications, Countries, Market Size, Forecast till 2030 Published By: Cognitive Market Research Pages: 250+ | Last Updated: December 2022 | Format
Global Aluminum Forging Market Report 2023 2 About Cognitive Market Research What Do We Do COGNITIVE is the global leader in market research We at CMR, cover almost all business verticals, and business consulting. We have been publishing including chemicals, advanced materials, agriculture, more than a 250 research studies every month we biotechnology, industrial automation, medical serve more than half of the Fortune 500 companies devices, mining, minerals, metals, packaging, across the globe. We at COGNITIVE can help you pharmaceuticals, electronics, telecommunications, IT, with multi-client reports, company profiles, data aerospace &defense, food and beverage & bases, procurement intelligence and custom construction and building, and energy and power. research services. INDUSTRY VERTICALS Company Strategy We are not only a publisher of the syndicate report but we also provide the industry database and respective topic's consultation. We, at CMR, make all efforts to ensure that our reports cover all aspects of our industry, giving customers a holistic view of the industry. The Report Customization and with a dedicated research analyst access puts us in a business category where none of our competitors are present. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 3 The base year for the calculation is 2022 and 2018 to 2022 will be historical period. At the same time, data for the year 2023 will be an estimated one while the forecasted data will be from year 2023 to 2030. REPORT DETAILS Base Year for Calculation Forecast Period Historical Years From 2018 From 2023 2022 Till 2022 Till 2030 Competitors Analysis Research Methodology Business Segment/Overview: Investment In Research & Development Recent Development: Business Strategy SWOT Analysis Primary Research Methodology Secondary Research Methodology Market Size Estimation Methodology Data Triangulation Regional & Country Analysis Market Dynamics North America (United States, Canada, Mexico) Europe (UK, France, Germany, Italy, Russia, Spain) Asia Pacific (China, Japan, Korea, India, South East Asia) South America (Brazil, Argentina, Colombia) Middle East & Africa (GCC Countries, Egypt, South Africa, Nigeria, Turkey) Key Drivers, Restraints & Opportunities Market Attractiveness Analysis for Each Segment & Region PESTEL Analysis Porter 5 Force’s Analysis Value Chain Analysis Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 Report Scope 4 Type Application Regions Automotive Power Management/Energy Oil & Gas Manufacturing Equipment Pneumatics & hydraulics Off-highway Construction Aerospace Defence Marine & Recreational Mining Rail board Agriculture Others (Sports Open Die Forging Close Die Forging Ring-Rolled Forging Cold Forging North America Europe Asia-Pacific South America Middle East and Africa Equipment, industrial, etc) Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 5 1.1 Research Methodology ............................................................................................... 23 1.1.1 Primary Research ........................................................................................................ 24 1.1.2 Modes of Primary Research: ....................................................................................... 25 1.2 Secondary Research Methodology: ............................................................................. 26 1.3 Market Estimation ...................................................................................................... 27 1.3.1 Data Triangulation ...................................................................................................... 28 1.4 Questionnaire ............................................................................................................ 29 2.1 Global Aluminum Forging Industry Introduction .......................................................... 31 2.2 Objectives of the Study ............................................................................................... 32 2.3 USP of the Report ....................................................................................................... 32 2.4 Who is this report for? ................................................................................................ 33 2.5 Regional Fragmentation ............................................................................................. 33 2.6 Report Duration ......................................................................................................... 34 2.7 List of Stakeholders .................................................................................................... 34 3.1 Global Aluminum Forging Market, 2018 – 2030, (USD Million) ..................................... 36 3.2 Global Aluminum Forging Value, Absolute & Opportunity Analysis .............................. 37 3.3 Global Aluminum Forging Market Y-o-Y Growth Projection by Region (2023 - 2030) ......................................................................................................................... 37 3.4 Global Aluminum Forging Market: Snapshot ............................................................... 38 4.1 Product Overview and Scope of Aluminum Forging Market ......................................... 41 4.2 Global Aluminum Forging Revenue Market Share (%) by regions in 2022 and 2030 .......................................................................................................................... 41 4.3 Global Aluminum Forging Revenue Market by Region (2018-2030) .............................. 42 4.3.1 North America Aluminum Forging Status and Prospect (2018-2030) ........................... 43 4.3.1.1 North America Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 43 4.3.2 Europe Aluminum Forging Status and Prospect (2018-2030)....................................... 44 4.3.2.1 Europe Aluminum Forging Value, Absolute & Opportunity Analysis .............. 44 4.3.3 Asia-Pacific Aluminum Forging Status and Prospect (2018-2030) ................................ 45 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 6 4.3.3.1 Asia-Pacific Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 45 4.3.4 South America Aluminum Forging Status and Prospect (2018-2030) ........................... 46 4.3.4.1 South America Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 46 4.3.5 Middle East and Africa Aluminum Forging Status and Prospect (2018-2030) .............. 47 4.3.5.1 Middle East and Africa Aluminum Forging Value, Absolute & Opportunity Analysis ....................................................................................... 47 4.4 Global Aluminum Forging Market Size (2018-2030) ..................................................... 48 4.4.1 Global Aluminum Forging Revenue Status and Outlook (2018-2030) .......................... 48 5.1 Global Aluminum Forging Revenue and Share by Manufacturers (2018-2022) .............. 50 5.2 Global Aluminum Forging Mergers and Acquisition Analysis/ Top Winning Strategies/ New Launches Analysis ............................................................................. 53 5.3 Company Categorization ............................................................................................. 54 5.4 Top Winning Strategies, by Manufacturers (2018-2023) .............................................. 55 6.1 Company’s Overall Disclosure Score ............................................................................ 57 7.1 Global Aluminum Forging Market – COVID – 19 Impact Analysis .................................. 59 7.1.1 Influencing Factors ...................................................................................................... 60 7.1.2 Forecast Assumptions ................................................................................................. 60 7.1.3 Impact of COVID-19 on Global Aluminum Forging Market .......................................... 61 7.1.4 Consumer Buying Behavior on Global Aluminum Forging Market ............................... 61 8.1 Market Drivers ........................................................................................................... 63 8.1.1 Growing Demand for Aluminum Forgings from Multiple End-Use Industries Significantly Drives Market Growth ............................................................................ 63 8.1.2 Rising demand for renewable energy ultimately boosts the aluminum forging market growth ............................................................................................................ 64 8.2 Market Restraints....................................................................................................... 66 8.2.1 High Initial Investment of Aluminium Forging ............................................................. 66 8.3 Opportunity ............................................................................................................... 67 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 7 8.3.1 Enhancing Efficiency, Durability, and Sustainability: Global Aluminium Forging Market Fundamentals and Technological Advancements ........................................... 67 8.4 Market Trends............................................................................................................ 68 8.5 Technological Road Map ............................................................................................. 69 8.6 PESTEL Analysis for Aluminum Forging Market ............................................................ 70 8.6.1 Political ....................................................................................................................... 70 8.6.2 Economic .................................................................................................................... 70 8.6.3 Social .......................................................................................................................... 71 8.6.4 Technological .............................................................................................................. 71 8.6.5 Environmental ............................................................................................................ 71 8.6.6 Legal ........................................................................................................................... 71 8.7 Porter’s Five Forces Analysis for Aluminum Forging Market ......................................... 72 8.7.1 Power of Suppliers ...................................................................................................... 73 8.7.2 Threat of Substitutes .................................................................................................. 73 8.7.3 Potential of New Entrants into an Industry ................................................................. 74 8.7.4 Power of Customers.................................................................................................... 75 8.7.5 Competition in the Industry ........................................................................................ 75 8.8 Product Life Cycle of Aluminum Forging Market .......................................................... 76 8.9 Market Attractiveness Analysis ................................................................................... 77 8.9.1 Market Attractiveness Analysis by Type Segment ....................................................... 77 8.9.2 Market Attractiveness Analysis by Application Segment ............................................ 78 9.1 Industry chain analysis ............................................................................................... 80 9.2 Manufacturing Cost Analysis....................................................................................... 80 9.3 Consumer Preference Analysis .................................................................................... 81 9.4 Supply Side Analysis ................................................................................................... 81 9.4.1 Raw Material Analysis ................................................................................................ 81 9.4.2 Raw Material Procurement Analysis ........................................................................... 81 9.4.3 Raw Material Price Trend Analysis .............................................................................. 81 10.1 Patent Analysis........................................................................................................... 83 11.1 Global Aluminum Forging Revenue and Market Share (%) by Type (2018-2030) ........... 85 11.1.1 Open Die Forging ........................................................................................................ 86 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 8 11.1.1.1 Open Die Forging Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 86 11.1.1.2 Aluminum Forging Market for Open Die Forging, by Country (2021 Vs 2024) ................................................................................................................ 87 11.1.2 Close Die Forging ........................................................................................................ 88 11.1.2.1 Close Die Forging Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 88 11.1.2.2 Aluminum Forging Market for Close Die Forging, by Country (2021 Vs 2024) ................................................................................................................ 89 11.1.3 Ring-Rolled Forging ..................................................................................................... 90 11.1.3.1 Ring-Rolled Forging Aluminum Forging Value, Absolute & Opportunity Analysis ....................................................................................... 90 11.1.3.2 Aluminum Forging Market for Ring-Rolled Forging, by Country (2021 Vs 2024) ........................................................................................................... 91 11.1.4 Cold Forging ................................................................................................................ 92 11.1.4.1 Cold Forging Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 92 11.1.4.2 Aluminum Forging Market for Cold Forging, by Country (2021 Vs 2024) ................................................................................................................ 93 12.1 Global Aluminum Forging Revenue and Market Share (%) by Application (2018- 2030) ......................................................................................................................... 95 12.1.1 Automotive ................................................................................................................. 98 12.1.1.1 Automotive Aluminum Forging Value, Absolute & Opportunity Analysis ............................................................................................................ 98 12.1.1.2 Aluminum Forging Market for Automotive, by Country (2021 Vs 2024) ................................................................................................................ 99 12.1.2 Power Management/Energy ..................................................................................... 100 12.1.2.1 Power Management/Energy Aluminum Forging Value, Absolute & Opportunity Analysis ..................................................................................... 100 12.1.2.2 Aluminum Forging Market for Power Management/Energy, by Country (2021 Vs 2024) ................................................................................. 101 12.1.3 Oil & Gas ................................................................................................................... 102 12.1.3.1 Oil & Gas Aluminum Forging Value, Absolute & Opportunity Analysis ......... 102 12.1.3.2 Aluminum Forging Market for Oil & Gas, by Country (2021 Vs 2024) ........... 103 12.1.4 Manufacturing Equipment ........................................................................................ 104 12.1.4.1 Manufacturing Equipment Aluminum Forging Value, Absolute & Opportunity Analysis ..................................................................................... 104 12.1.4.2 Aluminum Forging Market for Manufacturing Equipment, by Country (2021 Vs 2024) ............................................................................................... 105 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 9 12.1.5 Pneumatics & hydraulics ........................................................................................... 106 12.1.5.1 Pneumatics & hydraulics Aluminum Forging Value, Absolute & Opportunity Analysis ..................................................................................... 106 12.1.5.2 Aluminum Forging Market for Pneumatics & hydraulics, by Country (2021 Vs 2024) ............................................................................................... 107 12.1.6 Off-highway .............................................................................................................. 108 12.1.6.1 Off-highway Aluminum Forging Value, Absolute & Opportunity Analysis .......................................................................................................... 108 12.1.6.2 Aluminum Forging Market for Off-highway, by Country (2021 Vs 2024) .............................................................................................................. 109 12.1.7 Construction ............................................................................................................. 110 12.1.7.1 Construction Aluminum Forging Value, Absolute & Opportunity Analysis .......................................................................................................... 110 12.1.7.2 Aluminum Forging Market for Construction, by Country (2021 Vs 2024) .............................................................................................................. 111 12.1.8 Aerospace ................................................................................................................. 112 12.1.8.1 Aerospace Aluminum Forging Value, Absolute & Opportunity Analysis .......................................................................................................... 112 12.1.8.2 Aluminum Forging Market for Aerospace, by Country (2021 Vs 2024) ......... 113 12.1.9 Defence .................................................................................................................... 114 12.1.9.1 Defence Aluminum Forging Value, Absolute & Opportunity Analysis ........... 114 12.1.9.2 Aluminum Forging Market for Defence, by Country (2021 Vs 2024) ............ 115 12.1.10 Marine & Recreational .............................................................................................. 116 12.1.10.1 Marine & Recreational Aluminum Forging Value, Absolute & Opportunity Analysis ..................................................................................... 116 12.1.10.2 Aluminum Forging Market for Marine & Recreational, by Country (2021 Vs 2024) ............................................................................................... 117 12.1.11 Mining ...................................................................................................................... 118 12.1.11.1 Mining Aluminum Forging Value, Absolute & Opportunity Analysis ............. 118 12.1.11.2 Aluminum Forging Market for Mining, by Country (2021 Vs 2024) .............. 119 12.1.12 Rail board ................................................................................................................. 120 12.1.12.1 Rail board Aluminum Forging Value, Absolute & Opportunity Analysis ........ 120 12.1.12.2 Aluminum Forging Market for Rail board, by Country (2021 Vs 2024) ......... 121 12.1.13 Agriculture ................................................................................................................ 122 12.1.13.1 Agriculture Aluminum Forging Value, Absolute & Opportunity Analysis .......................................................................................................... 122 12.1.13.2 Aluminum Forging Market for Agriculture, by Country (2021 Vs 2024) ........ 123 12.1.14 Others (Sports Equipment, industrial, etc) ................................................................ 124 12.1.14.1 Others (Sports Equipment, industrial, etc) Aluminum Forging Value, Absolute & Opportunity Analysis .................................................................. 124 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 10 12.1.14.2 Aluminum Forging Market for Others (Sports Equipment, industrial, etc), by Country (2021 Vs 2024) .................................................................... 125 13.1 KOBE STEEL, LTD. ...................................................................................................... 128 13.2 GV Stamperie SpA .................................................................................................... 128 13.3 Alcoa Corporation .................................................................................................... 128 13.4 Aluminum Precision Products ................................................................................... 128 13.5 Precision Castparts Corp. (American Handforge) ....................................................... 128 13.6 BE | Alutech Kft. ....................................................................................................... 128 13.7 Farinia Group ........................................................................................................... 128 13.8 BE-Aluschmiede ....................................................................................................... 128 13.9 HirschvogelOHG ....................................................................................................... 128 13.10 OttoFuchs ................................................................................................................ 128 13.11 BharatForge ............................................................................................................. 128 13.12 Arconic Inc. .............................................................................................................. 128 13.13 Ellwood Group Inc. ................................................................................................... 128 13.14 Nippon Steel Corporation ......................................................................................... 128 13.15 ThyssenKrupp AG ..................................................................................................... 128 13.16 Others ...................................................................................................................... 128 13.17 KOBE STEEL, LTD. ...................................................................................................... 129 13.17.1 KOBE STEEL, LTD. Basic Information, Manufacturing Base, Sales Area and its Competitors .............................................................................................................. 129 13.17.2 Business Segment/ Overview:................................................................................... 130 13.17.3 Financials .................................................................................................................. 131 13.17.4 Aluminum Forging Product Types Specification ........................................................ 132 13.17.5 Investment in Research and Development................................................................ 132 13.17.6 KOBE STEEL, LTD. Net Sales, By Region (2019-2020) .................................................. 133 13.17.7 Recent Developments: .............................................................................................. 134 13.17.8 Business Strategy ...................................................................................................... 135 13.17.9 Management Change ................................................................................................ 135 13.17.10KOBE STEEL, LTD. S.W.O.T Analysis ........................................................................... 136 13.17.11KOBE STEEL, LTD. COVID-19 Impact Analysis ............................................................. 136 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 11 14.1 Global Aluminum Forging Revenue and Market Share (%) by Region (2018 - 2030) ....................................................................................................................... 138 15.1 North America Aluminum Forging Market by Country, (2018-2030) ........................... 140 15.2 North America Aluminum Forging Market Size (2018-2030) ....................................... 140 15.3 North America Aluminum Forging Market Y-o-Y Growth Projection by Country (2023-2030) .............................................................................................................. 141 15.3.1 North America Aluminum Forging Market Revenue (USD Million) Size by Type (2018-2030) .............................................................................................................. 142 15.3.2 North America Aluminum Forging Market Size by Type 2022 and 2030 .................... 142 15.3.3 North America Aluminum Forging Market Revenue (USD Million) Size by Application (2018-2030) ............................................................................................ 143 15.3.4 North America Aluminum Forging Market Size by Application 2022 and 2030 .......... 143 15.4 United States ........................................................................................................... 145 15.4.1 United States Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 145 15.4.2 United States Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 145 15.5 Canada ..................................................................................................................... 145 15.5.1 Canada Aluminum Forging Market Revenue and Share by Type (2018-2030) ........... 145 15.5.2 Canada Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 145 15.6 Mexico ..................................................................................................................... 145 15.6.1 Mexico Aluminum Forging Market Revenue and Share by Type (2018-2030)............ 145 15.6.2 Mexico Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 145 16.1 Europe Aluminum Forging Market by Country, (2018-2030) ....................................... 147 16.2 Europe Aluminum Forging Market Size (2018-2030) .................................................. 147 16.3 Europe Aluminum Forging Market Y-o-Y Growth Projection by Country (2023- 2030) ....................................................................................................................... 148 16.3.1 Europe Aluminum Forging Market Revenue (USD Million) Size by Type (2018- 2030) ........................................................................................................................ 149 16.3.2 Europe Aluminum Forging Market Size by Type 2022 and 2030 ................................ 149 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 12 16.3.3 Europe Aluminum Forging Market Revenue (USD Million) Size by Application (2018-2030) .............................................................................................................. 150 16.3.4 Europe Aluminum Forging Market Size by Application 2022 and 2030...................... 150 16.1 United Kingdom ....................................................................................................... 151 16.1.1 United Kingdom Aluminum Forging Market Revenue and Share by Type (2018-2030) .............................................................................................................. 151 16.1.2 United Kingdom Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 151 16.2 France ...................................................................................................................... 151 16.2.1 France Aluminum Forging Market Revenue and Share by Type (2018-2030) ............. 151 16.2.2 France Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 151 16.3 Germany .................................................................................................................. 151 16.3.1 Germany Aluminum Forging Market Revenue and Share by Type (2018-2030) ......... 151 16.3.2 Germany Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 151 16.4 Italy ......................................................................................................................... 151 16.4.1 Italy Aluminum Forging Market Revenue and Share by Type (2018-2030) ................ 151 16.4.2 Italy Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 151 16.5 Russia ...................................................................................................................... 151 16.5.1 Russia Aluminum Forging Market Revenue and Share by Type (2018-2030) ............. 151 16.5.2 Russia Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 151 16.6 Spain ........................................................................................................................ 151 16.6.1 Spain Aluminum Forging Market Revenue and Share by Type (2018-2030) .............. 151 16.6.2 Spain Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 151 16.7 Sweden .................................................................................................................... 151 16.7.1 Sweden Aluminum Forging Market Revenue and Share by Type (2018-2030) ........... 151 16.7.2 Sweden Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 151 16.8 Denmark .................................................................................................................. 151 16.8.1 Denmark Aluminum Forging Market Revenue and Share by Type (2018-2030) ......... 152 16.8.2 Denmark Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 152 16.9 Netherlands ............................................................................................................. 152 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 13 16.9.1 Netherlands Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 152 16.9.2 Netherlands Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 152 16.10 Switzerland .............................................................................................................. 152 16.10.1 Switzerland Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 152 16.10.2 Switzerland Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 152 16.11 Belgium.................................................................................................................... 152 16.11.1 Belgium Aluminum Forging Market Revenue and Share by Type (2018-2030) .......... 152 16.11.2 Belgium Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 152 16.12 Rest of Europe .......................................................................................................... 152 16.12.1 Rest of Europe Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 152 16.12.2 Rest of Europe Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 152 17.1 Asia Pacific Aluminum Forging Market by Country, (2018-2030) ................................ 154 17.2 Asia Pacific Aluminum Forging Market Size (2018-2030) ............................................ 154 17.3 Asia Pacific Aluminum Forging Market Y-o-Y Growth Projection by Country (2023-2030) .............................................................................................................. 155 17.3.1 Asia Pacific Aluminum Forging Market Revenue (USD Million) Size by Type (2018-2030) .............................................................................................................. 156 17.3.2 Asia Pacific Aluminum Forging Market Size by Type 2022 and 2030.......................... 156 17.3.3 Asia Pacific Aluminum Forging Market Revenue (USD Million) Size by Application (2018-2030) ............................................................................................ 157 17.3.4 Asia Pacific Aluminum Forging Market Size by Application 2022 and 2030 ............... 157 17.4 China ....................................................................................................................... 158 17.4.1 China Aluminum Forging Market Revenue and Share by Type (2018-2030) .............. 158 17.4.2 China Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 158 17.5 Japan ....................................................................................................................... 158 17.5.1 Japan Aluminum Forging Market Revenue and Share by Type (2018-2030) .............. 158 17.5.2 Japan Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 158 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 14 17.6 Korea ....................................................................................................................... 158 17.6.1 Korea Aluminum Forging Market Revenue and Share by Type (2018-2030) .............. 158 17.6.2 Korea Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 158 17.7 India ........................................................................................................................ 158 17.7.1 India Aluminum Forging Market Revenue and Share by Type (2018-2030) ............... 158 17.7.2 India Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 158 17.8 Australia .................................................................................................................. 158 17.8.1 Australia Aluminum Forging Market Revenue and Share by Type (2018-2030) ......... 158 17.8.2 Australia Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 158 17.9 Philippines ............................................................................................................... 158 17.9.1 Philippines Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 158 17.9.2 Philippines Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 158 17.10 Singapore ................................................................................................................. 158 17.10.1 Singapore Aluminum Forging Market Revenue and Share by Type (2018-2030) ....... 158 17.10.2 Singapore Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 158 17.11 Malaysia .................................................................................................................. 158 17.11.1 Malaysia Aluminum Forging Market Revenue and Share by Type (2018-2030) ......... 158 17.11.2 Malaysia Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 159 17.12 Thailand ................................................................................................................... 159 17.12.1 Thailand Aluminum Forging Market Revenue and Share by Type (2018-2030) ......... 159 17.12.2 Thailand Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 159 17.13 Indonesia ................................................................................................................. 159 17.13.1 Indonesia Aluminum Forging Market Revenue and Share by Type (2018-2030) ........ 159 17.13.2 Indonesia Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 159 17.14 Rest of Asia Pacific ................................................................................................... 159 17.14.1 Rest of Asia Pacific Aluminum Forging Market Revenue and Share by Type (2018-2030) .............................................................................................................. 159 17.14.2 Rest of Asia Pacific Aluminum Forging Market Revenue and Share by Application (2018-2030) ............................................................................................ 159 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 15 18.1 South America Aluminum Forging Market by Country, (2018-2030) ........................... 161 18.2 South America Aluminum Forging Market Size (2018-2030) ....................................... 161 18.3 South America Aluminum Forging Market Y-o-Y Growth Projection by Country (2023-2030) .............................................................................................................. 162 18.3.1 South America Aluminum Forging Market Revenue (USD Million) Size by Type (2018-2030) .............................................................................................................. 163 18.3.2 South America Aluminum Forging Market Size by Type 2022 and 2030 .................... 163 18.3.3 South America Aluminum Forging Market Revenue (USD Million) Size by Application (2018-2030) ............................................................................................ 164 18.3.4 South America Aluminum Forging Market Size by Application 2022 and 2030 .......... 164 18.4 Brazil ....................................................................................................................... 165 18.4.1 Brazil Aluminum Forging Market Revenue and Share by Type (2018-2030) .............. 165 18.4.2 Brazil Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 165 18.5 Argentina ................................................................................................................. 165 18.5.1 Argentina Aluminum Forging Market Revenue and Share by Type (2018-2030)........ 165 18.5.2 Argentina Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 165 18.6 Colombia ................................................................................................................. 165 18.6.1 Colombia Aluminum Forging Market Revenue and Share by Type (2018-2030) ........ 165 18.6.2 Colombia Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 165 18.7 Peru ......................................................................................................................... 165 18.7.1 Peru Aluminum Forging Market Revenue and Share by Type (2018-2030) ................ 165 18.7.2 Peru Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 165 18.8 Chile ........................................................................................................................ 165 18.8.1 Chile Aluminum Forging Market Revenue and Share by Type (2018-2030) ............... 165 18.8.2 Chile Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 165 18.9 Rest of South America .............................................................................................. 165 18.9.1 Rest of South America Aluminum Forging Market Revenue and Share by Type (2018-2030) .............................................................................................................. 165 18.9.2 Rest of South America Aluminum Forging Market Revenue and Share by Application (2018-2030) ............................................................................................ 165 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 16 19.1 Middle East and Africa Aluminum Forging Market by Country, (2018-2030) ............... 167 19.2 Middle East and Africa Aluminum Forging Market Size (2018-2030) ........................... 167 19.3 Middle East and Africa Aluminum Forging Market Y-o-Y Growth Projection by Country (2023-2030) ................................................................................................. 168 19.3.1 Middle East and Africa Aluminum Forging Market Revenue (USD Million) Size by Type (2018-2030) ................................................................................................. 169 19.3.2 Middle East and Africa Aluminum Forging Market Size by Type 2022 and 2030 ........ 169 19.3.3 Middle East and Africa Aluminum Forging Market Revenue (USD Million) Size by Application (2018-2030) ....................................................................................... 170 19.3.4 Middle East and Africa Aluminum Forging Market Size by Application 2022 and 2030 ................................................................................................................... 170 19.4 Saudi Arabia ............................................................................................................. 171 19.4.1 Saudi Arabia Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 171 19.4.2 Saudi Arabia Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 171 19.5 Turkey ..................................................................................................................... 171 19.5.1 Turkey Aluminum Forging Market Revenue and Share by Type (2018-2030) ............ 171 19.5.2 Turkey Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 171 19.6 Nigeria ..................................................................................................................... 171 19.6.1 Nigeria Aluminum Forging Market Revenue and Share by Type (2018-2030) ............ 171 19.6.2 Nigeria Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 171 19.7 UAE.......................................................................................................................... 171 19.7.1 UAE Aluminum Forging Market Revenue and Share by Type (2018-2030) ................ 171 19.7.2 UAE Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 171 19.8 Egypt ....................................................................................................................... 171 19.8.1 Egypt Aluminum Forging Market Revenue and Share by Type (2018-2030) .............. 171 19.8.2 Egypt Aluminum Forging Market Revenue and Share by Application (2018- 2030) ........................................................................................................................ 171 19.9 South Africa ............................................................................................................. 171 19.9.1 South Africa Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 171 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 17 19.9.2 South Africa Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 171 19.10 GCC Countries .......................................................................................................... 171 19.10.1 GCC Countries Aluminum Forging Market Revenue and Share by Type (2018- 2030) ........................................................................................................................ 171 19.10.2 GCC Countries Aluminum Forging Market Revenue and Share by Application (2018-2030) .............................................................................................................. 171 19.11 Rest of Middle East and Africa .................................................................................. 172 19.11.1 Rest of Middle East and Africa Aluminum Forging Market Revenue and Share by Type (2018-2030) ................................................................................................. 172 19.11.2 Rest of Middle East and Africa Aluminum Forging Market Revenue and Share by Application (2018-2030) ....................................................................................... 172 20.1 Key Takeaways ......................................................................................................... 174 20.2 Analyst Point of View ............................................................................................... 174 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 18 FIG. 1 FIG. 2 FIG. 3 FIG. 4 FIG. 5 FIG. 6 FIG. 1 FIG. 2 FIG. 3 FIG. 4 FIG. 5 FIG. 6 FIG. 7 FIG. 8 FIG. 9 FIG. 10 FIG. 11 FIG. 12 FIG. 13 FIG. 14 FIG. 15 FIG. 16 FIG. 17 FIG. 18 FIG. 19 FIG. 20 FIG. 21 FIG. 22 FIG. 23 FIG. 24 FIG. 25 FIG. 26 FIG. 27 FIG. 28 FIG. 29 FIG. 30 FIG. 31 FIG. 32 FIG. 33 FIG. 34 FIG. 35 FIG. 36 FIG. 37 FIG. 38 FIG. 39 24 25 26 36 37 37 41 42 43 43 44 44 45 45 46 46 47 47 48 51 55 57 77 78 85 86 86 87 88 88 89 90 90 91 92 92 93 97 98 98 99 Primary Research Method Market Research Process Source of Secondary Research Global Aluminum Forging Market, 2018 – 2030, (USD Million) Global Aluminum Forging Value, Absolute & Opportunity Analysis Global Aluminum Forging Market, Y-o-Y Growth Projection (2023-2030) Global Aluminum Forging Revenue Market Share (%) by regions in 2018, 2022, 2030 Global Aluminum Forging Revenue Market Share (%) by regions in 2018, 2022, 2030 North America Aluminum Forging Revenue (USD Million) and Growth Rate (2018-2030) North America Aluminum Forging Value, Absolute & Opportunity Analysis Europe Aluminum Forging Revenue (USD Million) and Growth Rate (2018-2030) Europe Aluminum Forging Value, Absolute & Opportunity Analysis Asia-Pacific Aluminum Forging Revenue (USD Million) and Growth Rate (2018-2030) Asia-Pacific Aluminum Forging Value, Absolute & Opportunity Analysis South America Aluminum Forging Revenue (USD Million) and Growth Rate (2018-2030) South America Aluminum Forging Value, Absolute & Opportunity Analysis Middle East and Africa Aluminum Forging Revenue (USD Million) and Growth Rate (2018-2030) Middle East and Africa Aluminum Forging Value, Absolute & Opportunity Analysis Global Aluminum Forging Revenue (USD Million) Status and Outlook (2018-2030) Global Aluminum Forging Revenue Share by Manufacturers Top Winning Strategies, by Manufacturers (2018-2023) Company’s Overall Disclosure Score Market Attractiveness Analysis by Type Segment Market Attractiveness Analysis by Application Segment 2022 Revenue Market Share (%) of Aluminum Forging by Type Global Open Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Open Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Open Die Forging, by Country (2021 Vs 2024) Global Close Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Close Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Close Die Forging, by Country (2021 Vs 2024) Global Ring-Rolled Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Ring-Rolled Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Ring-Rolled Forging, by Country (2021 Vs 2024) Global Cold Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Cold Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Cold Forging, by Country (2021 Vs 2024) 2022 Revenue Market Share (%) of Aluminum Forging by Application Global Automotive Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Automotive Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Automotive, by Country (2021 Vs 2024) Global Power Management/Energy Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) 100 Global Power Management/Energy Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) 100 Aluminum Forging Market for Power Management/Energy, by Country (2021 Vs 2024) 101 102 Global Oil & Gas Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 19 FIG. 40 FIG. 41 FIG. 42 FIG. 43 FIG. 44 FIG. 45 FIG. 46 FIG. 47 FIG. 48 FIG. 49 FIG. 50 FIG. 51 FIG. 52 FIG. 53 FIG. 54 FIG. 55 FIG. 56 FIG. 57 FIG. 58 FIG. 59 FIG. 60 FIG. 61 FIG. 62 FIG. 63 FIG. 64 FIG. 65 FIG. 66 FIG. 67 FIG. 68 FIG. 69 FIG. 70 FIG. 71 FIG. 72 102 103 Global Oil & Gas Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Oil & Gas, by Country (2021 Vs 2024) Global Manufacturing Equipment Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) 104 Global Manufacturing Equipment Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) 104 Aluminum Forging Market for Manufacturing Equipment, by Country (2021 Vs 2024) 105 106 106 107 108 108 109 110 110 111 112 112 113 114 114 115 116 116 117 118 118 119 120 120 121 122 122 123 Global Pneumatics & hydraulics Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Pneumatics & hydraulics Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Pneumatics & hydraulics, by Country (2021 Vs 2024) Global Off-highway Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Off-highway Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Off-highway, by Country (2021 Vs 2024) Global Construction Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Construction Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Construction, by Country (2021 Vs 2024) Global Aerospace Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Aerospace Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Aerospace, by Country (2021 Vs 2024) Global Defence Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Defence Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Defence, by Country (2021 Vs 2024) Global Marine & Recreational Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Marine & Recreational Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Marine & Recreational, by Country (2021 Vs 2024) Global Mining Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Mining Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Mining, by Country (2021 Vs 2024) Global Rail board Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Rail board Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Rail board, by Country (2021 Vs 2024) Global Agriculture Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Global Agriculture Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Aluminum Forging Market for Agriculture, by Country (2021 Vs 2024) Global Others (Sports Equipment, industrial, etc) Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) 124 FIG. 73 Global Others (Sports Equipment, industrial, etc) Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) 124 125 131 132 133 138 140 141 142 143 147 148 149 FIG. 74 FIG. 75 FIG. 76 FIG. 77 FIG. 78 FIG. 79 FIG. 80 FIG. 81 FIG. 82 FIG. 83 FIG. 84 FIG. 85 Aluminum Forging Market for Others (Sports Equipment, industrial, etc), by Country (2021 Vs 2024) KOBE STEEL, LTD. Revenue Market Share (%) (2018-2022) Kobe Steel, Ltd. R&D Investment (USD Million) (2020-2021) Kobe Steel, Ltd. Net Sales, By Segments (2020-2021) (USD Million) 2018, 2022 and 2030 Revenue Market Share (%) of Aluminum Forging by Region North America Aluminum Forging Market Share (%) by Country (2018-2030) North America Aluminum Forging Market Y-o-Y Growth Projection North America Aluminum Forging Market Size by Type 2022 and 2030 North America Aluminum Forging Market Size by Application 2022 and 2030 Europe Aluminum Forging Market Share (%) by Country (2018-2030) Europe Aluminum Forging Market Y-o-Y Growth Projection Europe Aluminum Forging Market Size by Type 2022 and 2030 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 20 FIG. 86 FIG. 87 FIG. 88 FIG. 89 FIG. 90 FIG. 91 FIG. 92 FIG. 93 FIG. 94 FIG. 95 FIG. 96 FIG. 97 FIG. 98 150 154 155 156 157 161 162 163 164 167 168 169 170 Europe Aluminum Forging Market Size by Application 2022 and 2030 Asia Pacific Aluminum Forging Market Share (%) by Country (2018-2030) Asia Pacific Aluminum Forging Market Y-o-Y Growth Projection Asia Pacific Aluminum Forging Market Size by Type 2022 and 2030 Asia Pacific Aluminum Forging Market Size by Application 2022 and 2030 South America Aluminum Forging Market Share (%) by Country (2018-2030) South America Aluminum Forging Market Y-o-Y Growth Projection South America Aluminum Forging Market Size by Type 2022 and 2030 South America Aluminum Forging Market Size by Application 2022 and 2030 Middle East and Africa Aluminum Forging Market Share (%) by Country (2018-2030) Middle East and Africa Aluminum Forging Market Y-o-Y Growth Projection Middle East and Africa Aluminum Forging Market Size by Type 2022 and 2030 Middle East and Africa Aluminum Forging Market Size by Application 2022 and 2030 Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 21 TABLE 1 TABLE 2 TABLE 3 TABLE 4 TABLE 5 TABLE 6 TABLE 7 TABLE 8 TABLE 9 TABLE 10 TABLE 11 TABLE 12 TABLE 13 TABLE 14 TABLE 15 TABLE 16 TABLE 17 TABLE 18 TABLE 19 TABLE 20 TABLE 21 TABLE 22 TABLE 23 TABLE 24 TABLE 25 TABLE 26 TABLE 27 TABLE 28 38 42 50 51 53 81 85 85 95 96 129 131 138 140 142 143 147 149 150 154 156 157 161 163 164 167 169 170 Market Snapshot Aluminum Forging Market Revenue (USD Million) Comparison by Region (2018-2030) Global Aluminum Forging Revenue (USD Million) by Manufacturers (2018-2022) Global Aluminum Forging Revenue Share by Manufacturers (2018-2022) Global Aluminum Forging Market: Market Evaluation Framework Price Trend Analysis Global Aluminum Forging Revenue (USD Million) by Type (2018-2030) Global Aluminum Forging Revenue Share (%) by Type (2018-2030) Global Aluminum Forging Revenue (USD Million) by Application (2018-2030) Global Aluminum Forging Revenue Share (%) by Application (2018-2030) KOBE STEEL, LTD. Basic Information, Manufacturing Base, Sales Area and Its Competitors KOBE STEEL, LTD. Revenue (USD Million), Gross Margin (%) and Market Share (%) (2018-2022) Global Aluminum Forging Revenue (USD Million) by Region (2018- 2030) North America Aluminum Forging Market by Country Revenue, 2018-2030 North America Aluminum Forging Market (USD Million) Size by Type (2018-2030) North America Aluminum Forging Market (USD Million) Size by Application (2018-2030) Europe Aluminum Forging Market by Country Revenue, 2018-2030 Europe Aluminum Forging Market (USD Million) Size by Type (2018-2030) Europe Aluminum Forging Market (USD Million) Size by Application (2018-2030) Asia Pacific Aluminum Forging Market by Country Revenue, 2018-2030 Asia Pacific Aluminum Forging Market (USD Million) Size by Type (2018-2030) Asia Pacific Aluminum Forging Market (USD Million) Size by Application (2018-2030) South America Aluminum Forging Market by Country Revenue, 2018-2030 South America Aluminum Forging Market (USD Million) Size by Type (2018-2030) South America Aluminum Forging Market (USD Million) Size by Application (2018-2030) Middle East and Africa Aluminum Forging Market by Country Revenue, 2018-2030 Middle East and Africa Aluminum Forging Market (USD Million) Size by Type (2018-2030) Middle East and Africa Aluminum Forging Market (USD Million) Size by Application (2018-2030) Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 41 4.1 Product Overview and Scope of Aluminum Forging Market Aluminum forging is a manufacturing process that involves shaping an aluminum billet or block into a desired form by applying compressive force using a forging press or hammer. The process begins with a solid block or billet of aluminum that is heated to a specific temperature range, typically between 700°F and 900°F, to make it more malleable. Once the aluminum has been heated to the appropriate temperature, it is placed into a forging press or hammer, which applies pressure to shape it into the desired form. The pressure can range from a few thousand pounds to several million pounds, depending on the size and complexity of the part being forged. There are several different types of aluminum forging, including open-die forging, closed-die forging, and rolled ring forging. Open-die forging involves shaping the aluminum between two flat dies, while closed- die forging involves shaping the aluminum between two dies that are shaped to the desired form. Rolled ring forging involves shaping a ring of aluminum by rolling it between two dies. One of the key advantages of aluminum forging is that it produces parts with excellent strength and durability, as well as the ability to create complex shapes with tight tolerances. The process also allows for the production of components that are lightweight yet strong, making it ideal for applications where weight is a critical factor, such as in the aerospace and automotive industries. Aluminum forgings are used in a variety of industries, including aerospace, automotive, construction, and more. Some common products produced by aluminum forging include engine parts, aircraft components, and structural parts for buildings and bridges. 4.2 Global Aluminum Forging Revenue Market Share (%) by regions in 2022 and 2030 FIG. 1Global Aluminum Forging Revenue Market Share (%) by regions in 2018, 2022, 2030 2030 North America Europe Asia Pacific Latin America Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 63 8.1 Market Drivers 8.1.1 Growing Demand for Aluminum Forgings from Multiple End-Use Industries Significantly Drives Market Growth Aluminum forgings are widely used in various end-use industries due to their superior properties such as high strength, durability, and resistance to corrosion. The growing demand from multiple end-use industries for aluminum forgings includes automotive, aerospace & defense, construction, electrical & electronics Automotive Industry: The automotive industry is one of the largest consumers of aluminum forgings. Aluminum forgings are used in various applications such as suspension systems, powertrains, wheels, and other components due to their lightweight and high-strength properties. Aluminum forging has had a significant impact on electric vehicles (EVs) in the automotive industry. One of the primary drivers for aluminum forging in EVs is lightweight. Aluminum is a lightweight material that offers an excellent strength-to-weight ratio, making it ideal for reducing the overall weight of EVs. By using aluminum forgings in critical components such as chassis, suspension systems, and body panels, automakers can improve the energy efficiency and range of EVs. The lighter weight also allows for better acceleration and handling, enhancing the overall driving experience. Aluminum forgings contribute to improved efficiency in EVs in multiple ways. The lightweight nature of aluminum reduces the vehicle's mass, which directly translates into reduced energy consumption. With lighter weight, EVs require less power to move, resulting in extended range and improved battery life. Secondly, aluminum forgings offer excellent thermal conductivity, enabling better heat dissipation from critical components like electric motors and battery systems. This helps in maintaining optimal operating temperatures, ensuring higher efficiency and performance. Aluminum forgings provide superior strength and structural integrity to EVs. They offer enhanced crashworthiness and safety due to their high strength-to-weight ratio, ensuring better protection for occupants during accidents. Additionally, aluminum forgings can be engineered to absorb and dissipate impact energy, further enhancing the safety of EVs. This factor is crucial, considering the importance of safety in the automotive industry. Aluminum forgings offer designers and engineers greater freedom in terms of design flexibility. They can be precisely shaped and manufactured into complex geometries, Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 64 allowing for innovative and aerodynamic vehicle designs. This flexibility enables automakers to optimize the vehicle's aerodynamic efficiency, further enhancing the range and overall performance of EVs. Aerospace and Defense Industry: Aluminium forgings are widely used in the aerospace and defense industry due to their high strength-to-weight ratio, durability, and corrosion resistance. They are used in various applications such as aircraft frames, engine components, landing gear, and missile components. The increasing demand for aircraft and defense equipment is expected to drive the growth of the aluminum forging market. Construction Industry: The construction industry also uses aluminum forgings in various applications such as structural components, building facades, and roofing systems. The increasing demand for sustainable and energy-efficient buildings is expected to drive the demand for aluminum forgings in the construction industry. Electrical and Electronics Industry: The electrical and electronics industry uses aluminum forgings in various applications such as heat sinks, electrical connectors, and housing for electronic components. With the increasing demand for consumer electronics and the growth of the renewable energy industry, the demand for aluminum forgings in the electrical and electronics industry is expected to grow. Thus, the growing demand from multiple end-use industries for aluminum forgings is expected to drive the growth of the aluminum forging market. 8.1.2 Rising demand for renewable energy ultimately boosts the aluminum forging market growth The increased demand for renewable energy is expected to significantly boost the growth of the aluminum forging market. Aluminum forgings are widely used in the production of wind turbines and solar panels due to their lightweight, durability, and corrosion resistance properties. Wind turbines require large blades that must be both lightweight and strong to withstand the stresses of high winds. Aluminum forgings are ideal for this application because they can be manufactured into large, complex shapes with high strength-to-weight ratios. As the demand for wind energy continues to grow, so does the demand for aluminum forgings in wind turbine production. Similarly, solar panels require frames and mounting systems that are strong, durable, and lightweight. Aluminum forgings are an excellent choice for these applications due to their ability to withstand exposure to the elements and their resistance to corrosion. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 65 Thus, the increased demand for renewable energy is expected to drive the growth of the aluminum forging market. As industries continue to focus on reducing their environmental impact and improving sustainability, the demand for aluminum forgings is expected to continue to grow. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 66 8.2 Market Restraints 8.2.1 High Initial Investment of Aluminium Forging Setting up an aluminum forging facility requires a significant initial investment due to several factors: To establish an aluminum forging plant, a considerable amount of equipment is needed, such as forging presses, hammers, dies, and furnaces. These machines are typically expensive and require regular maintenance, adding to the overall cost. The facility for an aluminum forging plant needs to be designed to accommodate the equipment and the manufacturing process, including heat treatment and finishing operations. A suitable location with sufficient infrastructure and utility services must also be considered. The cost of raw materials, such as aluminum billets, is significant and can account for a substantial portion of the overall investment. The fluctuating prices of aluminum can also impact the investment required. Skilled labor is required to operate the equipment and maintain the facility. The cost of hiring and training personnel can also add to the initial investment. There are various regulations and certifications required to set up an aluminum forging facility, such as environmental and safety compliance, quality control, and industry-specific standards. Complying with these regulations requires additional investments in technology, personnel, and training. To stay competitive, aluminum forging companies need to invest in research and development to improve product quality and manufacturing efficiency. This investment is an ongoing cost and adds to the overall initial investment. The high initial investment required to set up an aluminum forging plant can be a barrier to entry for new players in the market, which limits competition and can impact pricing. However, established companies can benefit from economies of scale and efficient operations to offset the high initial investment costs Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 67 8.3 Opportunity 8.3.1 Enhancing Efficiency, Durability, and Sustainability: Global Aluminium Forging Market Fundamentals and Technological Advancements The aluminum forging industry has seen several technological advancements in recent years, which have improved the quality and efficiency of the manufacturing process. Some of these advancements include: 1.Computer-controlled forging: The use of computer numerical control (CNC) machines has become more prevalent in the aluminum forging industry. These machines allow for precise control over the forging process, resulting in improved accuracy and consistency of the final product. 2.Simulation software: Simulation software is used to model the forging process and optimize tooling design, reducing the need for trial-and-error experimentation. This technology has improved the efficiency of the aluminum forging process and reduced lead times. 3.Additive manufacturing: Additive manufacturing, also known as 3D printing, is being used to produce tooling and dies for aluminum forging. This technology allows for the rapid production of complex shapes and reduces lead times and costs associated with traditional manufacturing methods. 4.Improved materials: Advances in materials science have led to the development of new alloys with improved properties, such as higher strength and better corrosion resistance. These materials are used in the aluminum forging process, resulting in improved performance of the final product. 5.Automation and robotics: Automation and robotics are being used to improve the efficiency of the aluminum forging process, reduce labor costs, and improve safety. Robots can perform tasks such as loading and unloading parts, moving forgings between operations, and inspecting parts for quality. These technological advancements are improving the efficiency, accuracy, and quality of the aluminum forging process, reducing lead times and costs, and allowing for the production of more complex shapes. As these technologies continue to develop, they will drive further growth in the aluminum forging market. The global aluminum forging market is influenced by various factors, including the demand from different industries, technological advancements, and others. The global aluminum forging market is driven by the demand for lightweight, components with high strength for industries such as automotive, aerospace, defense, industrial machinery, and construction. Aluminum forgings have improved fuel efficiency, higher ratio of strength to weight, corrosion resistance, and design flexibility, making them suitable for a wide range of applications. Increasing investments in infrastructure development and industrialization in emerging economies contribute to the market growth. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 68 The automotive industry is a major consumer of aluminum forgings. Lightweighting initiatives to improve fuel efficiency and reduce emissions drive the demand for aluminum forgings in engine components, chassis, drivetrain systems, and suspension components. Aluminum forgings are used in aircraft structures, wing components, landing gears, and other critical applications. Aluminum forgings find application in various industrial sectors, including machinery, construction, oil and gas, and power generation. In industrial machinery, aluminum forgings are utilized for heavy-duty components that require high strength, durability, and resistance to corrosion. Real-time monitoring systems equipped with advanced sensors enable continuous monitoring of process variables like temperature, pressure, and strain during aluminum forging. Advanced sensors ensure accurate and reliable data acquisition, enabling better process control, optimization, and timely intervention if deviations occur. Implementing predictive maintenance in aluminum forging facilities enhances equipment reliability, minimizes production disruptions, and reduces maintenance costs. Machine learning algorithms can optimize process parameters, reduce energy consumption, minimize material waste, and enhance productivity in aluminum forging operations. The process control technologies like real-time monitoring systems, advanced sensors, predictive maintenance, and machine learning algorithms, the aluminum forging industry can achieve better process efficiency, product quality, and cost-effectiveness. These technologies facilitate proactive decision-making, reduced downtime, and improved overall equipment effectiveness, contributing to the growth of the global aluminum forging market. 8.4 Market Trends Qualitative Analysis Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 85 11.1 Global Aluminum Forging Revenue and Market Share (%) by Type (2018-2030) TABLE 7 Global Aluminum Forging Revenue (USD Million) by Type (2018-2030) 2018 2030 Open Die Forging xx xx Close Die Forging xx xx Ring-Rolled Forging xx xx Cold Forging xx xx Total xx xx TABLE 8 Global Aluminum Forging Revenue Share (%) by Type (2018-2030) 2018 2030 Open Die Forging xx xx Close Die Forging xx xx Ring-Rolled Forging xx xx Cold Forging xx xx Total xx xx FIG. 192022 Revenue Market Share (%) of Aluminum Forging by Type Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 86 11.1.1 Open Die Forging In 2018, the Open Die Forging Revenue (USD Million) was USD xx Million and it expected to reach at USD xx Million in 2030 FIG. 20Global Open Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research 11.1.1.1 Open Die Forging Aluminum Forging Value, Absolute & Opportunity Analysis FIG. 21Global Open Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 87 11.1.1.2 Aluminum Forging Market for Open Die Forging, by Country (2021 Vs 2024) FIG. 22Aluminum Forging Market for Open Die Forging, by Country (2021 Vs 2024) Source: Cognitive Market Research Open-die forging is Ideal for processing large pieces of aluminum. This type of forging does not constrain the aluminum billet during the process and uses flat dies free of precut profiles and designs. Aluminum blocks having weights up to 200,000 pounds and 80 feet in length can be forged with the open-die method, to create large aluminum components with optimal structural integrity. Open-die forgings in aluminum alloys can be produced in a wide variety of shapes, ranging from simple rounds, squares, or rectangles to very complex contoured forgings. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 88 11.1.2 Close Die Forging In 2018, the Close Die Forging Revenue (USD Million) was USD xx Million and it expected to reach at USD xx Million in 2030 FIG. 23Global Close Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research 11.1.2.1 Close Die Forging Aluminum Forging Value, Absolute & Opportunity Analysis FIG. 24Global Close Die Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 89 11.1.2.2 Aluminum Forging Market for Close Die Forging, by Country (2021 Vs 2024) FIG. 25Aluminum Forging Market for Close Die Forging, by Country (2021 Vs 2024) Source: Cognitive Market Research Most aluminum alloy forgings are produced in closed dies. It is also known as impression-die forging and can produce a wide variety of shapes ranging in weight from ounces to more than 25 tons. In this process, two or more dies containing impressions are brought together as forging stock undergoes plastic deformation. The dies in this method restrict metal flow, which can yield more complex shapes and closer tolerances than open-die forging. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 90 11.1.3 Ring-Rolled Forging In 2018, the Ring-Rolled Forging Revenue (USD Million) was USD xx Million and it expected to reach at USD xx Million in 2030 FIG. 26Global Ring-Rolled Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research 11.1.3.1 Ring-Rolled Forging Aluminum Forging Value, Absolute & Opportunity Analysis FIG. 27Global Ring-Rolled Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 91 11.1.3.2 Aluminum Forging Market for Ring-Rolled Forging, by Country (2021 Vs 2024) FIG. 28Aluminum Forging Market for Ring-Rolled Forging, by Country (2021 Vs 2024) Source: Cognitive Market Research This type of forging method is utilized where high-strength, circular cross-section components are required. Rolled-ring forging begins with open-die forging to create a ring preform, shaped like a doughnut. Then, several rollers apply pressure on this preform until the required wall thickness and height are obtained. Configurations might have heights of more than 80 inches or be flat like a washer. From huge pressure containers to roller-bearing sleeves, rings can be rolled into a variety of sizes. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 92 11.1.4 Cold Forging In 2018, the Cold Forging Revenue (USD Million) was USD xx Million and it expected to reach at USD xx Million in 2030 FIG. 29Global Cold Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research 11.1.4.1 Cold Forging Aluminum Forging Value, Absolute & Opportunity Analysis FIG. 30Global Cold Forging Market Revenue (USD Million) and Growth Rate (%), (2018 – 2030) Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 93 11.1.4.2 Aluminum Forging Market for Cold Forging, by Country (2021 Vs 2024) FIG. 31Aluminum Forging Market for Cold Forging, by Country (2021 Vs 2024) Source: Cognitive Market Research The process of "cold forging" involves forging the billets at room temperature without preheating them first. Cold-forged components offer better shape and dimensional precision than comparable hot-forged parts because shrinkage and scaling do not occur. However, the selection of materials and geometries is more constrained in this method of forging than with hot forging. Thus, cold forging works well for gearbox shafts that require little machining tolerance Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 95 12.1 Global Aluminum Forging Revenue and Market Share (%) by Application (2018-2030) TABLE 9 Global Aluminum Forging Revenue (USD Million) by Application (2018-2030) 2018 2030 Automotive xx xx Power Management/Energy Oil & Gas xx xx xx xx Manufacturing Equipment Pneumatics & hydraulics Off-highway xx xx xx xx xx xx Construction xx xx Aerospace xx xx Defence xx xx Marine & Recreational xx xx Mining xx xx Rail board xx xx Agriculture xx xx Others (Sports Equipment, industrial, etc) Total xx xx xx xx Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 96 TABLE 10 Global Aluminum Forging Revenue Share (%) by Application (2018-2030) 2018 2030 Automotive xx xx Power Management/Energy Oil & Gas xx xx xx xx Manufacturing Equipment Pneumatics & hydraulics Off-highway xx xx xx xx xx xx Construction xx xx Aerospace xx xx Defence xx xx Marine & Recreational xx xx Mining xx xx Rail board xx xx Agriculture xx xx Others (Sports Equipment, industrial, etc) Total xx xx xx xx Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 97 FIG. 322022 Revenue Market Share (%) of Aluminum Forging by Application 2022 Automotive (including Commercial Vehicles, and heavy- duty vehicles) Power Management/Energy Oil & Gas Manufacturing Equipment Pneumatics & hydraulics Off-highway Construction Aerospace Defence Marine & Recreational Mining Rail board Agriculture Others (Sports Equipment, industrial, etc) Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 127 This segment of the report provides in-depth and pertinent information on every foremost player in the market through both primary and secondary research. The company profiling chapter includes ten or more key players, which are dominating the market. Each company profile includes demystifying professional information in a tabular format, which comprises the company’s official website, established year, market position, geographical presence, competitors, and contact information. Further, company profiling includes an in-detailed business overview, COVID-19 impact on the particular firm, product type specifications, revenue & market share, and recent developments done by the company for its inorganic development, such as mergers, strategic acquisitions, partnerships, and others. Besides, profiling includes the company’s investment in research and development activities. The recent innovative product launches, business expansion, investments done by the company in different markets, and other news are also available in the company profiling section. At last, it provides the company’s business strategy and SWOT analysis. Questions Which are the paramount players in the market? What key Developments Company has done in recent years? What are the major acquisitions done by the players? What are the opportunities for companies to grow in the Aluminum Forging market? Which player held the largest market share in 2020 & 2021? Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 128 13.1 KOBE STEEL, LTD. 13.2 GV Stamperie SpA 13.3 Alcoa Corporation 13.4 Aluminum Precision Products 13.5 Precision Castparts Corp. (American Handforge) 13.6 BE | Alutech Kft. 13.7 Farinia Group 13.8 BE-Aluschmiede 13.9 HirschvogelOHG 13.10 OttoFuchs 13.11 BharatForge 13.12 Arconic Inc. 13.13 Ellwood Group Inc. 13.14 Nippon Steel Corporation 13.15 ThyssenKrupp AG 13.16 Others Note: Following we have mentioned 1stcompany’s profile as an example and we will provide information for above company’s profile in the same format. In case you need any data Customization please feel free to contact us! Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 129 13.17 KOBE STEEL, LTD. 13.17.1 KOBE STEEL, LTD. Basic Information, Manufacturing Base, Sales Area and its Competitors TABLE 11 KOBE STEEL, LTD. Basic Information, Manufacturing Base, Sales Area and Its Competitors Item Description Company Name Kobe Steel, Ltd. Website www.kobelco.co.jp Established Date 1905 Headquartered Japan Market Position/ History Kobe Steel, Ltd. was founded in 1905 and is headquartered in Hyogo, Japan. In 1916, the steel products business was started. Further, in 1930, it started a construction machinery business. In 1959, it established integrated steel production and over time, it developed business globally. In 2018, it established a production and sales base (KPEX) in the U.S. for aluminum extrusions and fabricated products. In the next year, the company opened headquartered in Europe. Further, in 2022, it began a capital and business alliance with Miura Co., Ltd. The company has 38,106 employees working across the locations. It has around 201 subsidiaries and 50 affiliated companies with a presence in North America, South America, Asia, Oceania, Europe, and the Middle East. Sales Area Worldwide Manufacturing Location Fujisawa Plant: Fujisawa, Kanagawa, 251-8551, Japan Ibaraki Plant: Osaka, 567-0879, Japan Saijo Plant: Hiroshima, 739-0024, Japan Fukuchiyama Plant: Kyoto, 620-0853, Japan Ticker TYO: 5406 No. of Employees 38,106 Competitors Nippon Steel Corp, Reliance Steel & Aluminum Co, Tata Steel Ltd, Hindalco Industries Ltd, Sanyo Special Steel Co. Ltd. · Mitsubishi Steel Mfg. Co. Ltd. · Topy Industries Ltd. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 130 CEO Mitsugu Yamaguchi Ownership Type Public Contact Information 2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, 651-8585, Japan Tel:+81-78-261-5111 Fax:+81-78-261-4123 13.17.2 Business Segment/ Overview: Kobe Steel, Ltd. is a Japan-based steel products manufacturing company. The company offers a wide range of products including iron and, steel, aluminum, copper products such as steel casting and forgings, titanium, copper sheet and strips, welding products, electric power, and aluminum alloys. The company operates through several business segments including steel & aluminum, advanced materials, welding, machinery, engineering, construction machinery, electric power, and other businesses. Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 132 13.17.4 Aluminum Forging Product Types Specification Product Product Description Aluminum castings and forgings Kobe Steel produces aluminum forgings for automotive suspensions at its Daian Plant in Inabe, Mie Prefecture, Japan. 13.17.5 Investment in Research and Development Research and development costs incurred and charged to income for the fiscal years ended December 31, 2021, and 2020 were USD 247.82 million and USD 231.17 million respectively. FIG. 76Kobe Steel, Ltd. R&D Investment (USD Million) (2020-2021) Source: Secondary Research, Interviews, and Expert Analysis Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 133 13.17.6 KOBE STEEL, LTD. Net Sales, By Region (2019-2020) FIG. 77Kobe Steel, Ltd. Net Sales, By Segments (2020-2021) (USD Million) Source: Secondary Research, Interviews, and Expert Analysis Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 135 13.17.8 Business Strategy Kobe Steel, Ltd. is engaged in expanding its presence across the geographies and has expanded its manufacturing facilities, subsidiaries, and sales offices worldwide. For instance, it established a production and sales base (KPEX) in the U.S. for aluminium extrusions and fabricated products. KOBE STEEL, LTD. has done significant R&D investments to create innovative and competitive products to expand its product portfolio. It launched a new low-CO2 blast furnace steel product, Kobenable Steel, in 2022. In addition, the company maintains and improves the quality of its products and processes to enhance the brand image of the company. Furthermore, Kobe Steel, Ltd. is engaged in inorganic development through strategic acquisitions and partnerships to expand the portfolio offerings of the company. 13.17.9 Management Change Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 136 13.17.10 KOBE STEEL, LTD. S.W.O.T Analysis Strength Robust global reach and operational units in 23 countries. Strong focus on innovation and has done 33.2 billion investments in R&D Several strategic acquisitions and partnerships Robust employee workforce of around 38,106 employees Weakness Disruption in the supply chain Opportunity Growing olefin, liquefied natural gas (LNG), and gas processing industry. Adoption of advanced technologies and digitalization Growth of automobile manufacturing Threats Changes in exchange rates 13.17.11 KOBE STEEL, LTD. COVID-19 Impact Analysis The COVID-19 pandemic has severely affected the company’s operations and revenue. The pandemic adversely affected the demand, resulting in fewer production volumes and performance in the materials businesses in the first quarter of fiscal 2020. Orders decreased both in the industrial machinery and compressor sectors against the backdrop of reductions and deferment of capital investments. Note: Company Revenue Information Will Be Provided Subject to Data Availability! Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 138 14.1 Global Aluminum Forging Revenue and Market Share (%) by Region (2018 - 2030) TABLE 13 Global Aluminum Forging Revenue (USD Million) by Region (2018- 2030) 2018 2022 2030 North America xx xx xx Europe xx xx xx Asia-Pacific xx xx xx South America xx xx xx Middle East and Africa xx xx xx Total xx xx 21,535.77 Global Aluminum Forging market was valued at USD 21,535.77 Million, in 2022 and is expected to grow at a CAGR of XX% over the forecast period, from 2023 to 2030. FIG. 782018, 2022 and 2030 Revenue Market Share (%) of Aluminum Forging by Region Source: Cognitive Market Research Data has been removed due to this being a sample, to access the paid version please contact us!
Global Aluminum Forging Market Report 2023 176 Click Here Data has been removed due to this being a sample, to access the paid version please contact us!