The Global Automotive Forging Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

Automotive forging is a manufacturing process involving the shaping of metal using localized compressive forces in automotive industry.
Growth in the market is expected to be driven by increasing sales of vehicles, owing to rising disposable income across the globe, coupled with growing production of commercial vehicles aimed at aiding expanding construction and logistics sectors. Moreover, increasing focus of automotive forging companies towards automating their plants and installing new pre-forming units, decreasing raw material costs, and adopting new technological advancements aimed at boosting the productivity of forged components are some of the other factors that would positively influence the automotive forging market, globally, during the forecast period.
In the global Automotive Forging Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on Automotive Forging volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Automotive Forging market size by analysing historical data and future prospect.

In Market segmentation by manufacturers, the report covers the following companies-
Bharat Forge
Thyssenkrupp
CIE Automotive
NTN
American Axle
Meritor
Dana
Ramkrishna Forgings
India Forge & Drop Stampings
Nanjing Automobile Forging
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Gears
Crankshaft
Piston
Axle
Bearing
Connecting Roads
In Market segmentation by applications :
Passenger Car
Light Commercial Vehicle
Medium & Heavy Commercial Vehicle

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Forging Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Forging Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Forging industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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