Automotive Forgings market valuation to account for USD 53430 Million by 2025

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Global Automotive Forgings market valuation was estimated at 43680 Million USD in 2019, and is projected to record a y-o-y growth rate of 5.2 % over the upcoming years to be appraised at 53430 Million USD by 2025.

Automotive Forgings Market

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The latest Automotive Forgings market research report encompasses a detailed analysis of the factors will impel and impede the industry growth in the coming years. Moreover, the report lists out the opportunities across the various geographies and also weighs the associated risks for a stronger realization of the top revenue prospects over the forecast period.

Automotive Forgings Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 43680 Million (USD)
Forecast Year: 2025
Forecast Value: 53430 Million (USD)
CAGR: 5.2%
By Application: Powertrain Components, Chassis Components, Transmission Parts, Other Parts
By Product: Closed Die Forgings, Open Die Forgings, Rolled Rings Forgings
By Key Players: Nippon Steel & Sumitomo Metal, FAW, AAM, Aichi Steel, WanXiang, Thyssenkrupp, Mahindra Forgings Europe, KOBELCO, Bharat Forge Limited, Arconic, Jiangsu Pacific Precision Forging, Allegheny Technologies, Farinia Group, CITIC Heavy Industries, Sypris Solutions, Dongfeng Forging, Longcheng Forging, VDM Metals, Ashok Leyland Limited, Sinotruck

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The latest Automotive Forgings market report aims to unearth the best opportunities and foster efficient information for businesses to thrive in this vertical during the forecast period 2019-2025. Moreover, it endeavors to provide appropriate solutions to complex challenges and initiates an effortless decision-making process.

As per expert analysts, the industry is anticipated to accrue substantial returns, exhibiting 5.2% CAGR over the stipulated timeframe.

Proceeding further, the research literature encompasses wide-ranging and comprehensive insights on the various sub-markets. It then proceeds to delineate the competitive landscape with respect to the leading players, emerging contenders, and new entrants in the industry. Apart from this, in view of the disruptions caused by the Covid-19 pandemic, the study makes inclusion of various plans to effectively navigate these uncertain times.

Key highlights from the Automotive Forgings market report:

  • Impact of Covid-19 on market remuneration scope
  • Records of the sales volume and revenue
  • Prevalent and upcoming industry trends
  • Positives and negatives of direct and indirect sales channels
  • A citation of the top distributors, traders, and dealers

Automotive Forgings market segments covered in the report:

  • Country-wise analysis of each regional market
  • Total sales, returns, and market share held by each region
  • Projections for the growth rate and revenue of each region over the forecast duration

Product types: Closed Die Forgings, Open Die Forgings, Rolled Rings Forgings

  • Pricing of each product type
  • Estimated market share of each product segment based on the sales and revenue garnered

Application spectrum: Powertrain Components, Chassis Components, Transmission Parts, Other Parts

  • Product pricing based on their application reach
  • Sales and revenue of each application segment over during the assessment period

Competitive dashboard: Nippon Steel & Sumitomo Metal, FAW, AAM, Aichi Steel, WanXiang, Thyssenkrupp, Mahindra Forgings Europe, KOBELCO, Bharat Forge Limited, Arconic, Jiangsu Pacific Precision Forging, Allegheny Technologies, Farinia Group, CITIC Heavy Industries, Sypris Solutions, Dongfeng Forging, Longcheng Forging, VDM Metals, Ashok Leyland Limited, Sinotruck

  • Basic details of each company.
  • Product and service catalogue of the listed companies
  • Tallies of pricing model, sales, gross margins and industry share of each contender
  • SWOT analysis of the mentioned firms
  • Conclusive data on the commercialization rate, market concentration ratio, marketing strategies, and other business centric aspects

Frequently Asked Questions (FAQ) :

Overall Automotive Forgings market would be pegged at a valuation of 53430 Million USD in 2025.
Automotive Forgings market is likely to depict a CAGR of 5.2 % over 2019-2025.
The Automotive Forgings market in 2019 exhibited a revenue of 43680 Million USD .

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