Asia-Pacific $29 Billion Automotive Forging Market Competition Forecast & Opportunities, 2023

Friday, 23. November 2018 13:16

Dublin, Nov. 23, 2018 (GLOBE NEWSWIRE) -- The "Asia-Pacific Automotive Forging Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle and Others), By Material Type, By Application, By Country, Competition Forecast & Opportunities, 2013-2023" report has been added to's offering.

Asia-Pacific automotive forging market is projected to surpass $ 29 billion by 2023

Growth in the market is expected to be driven by increasing sales of vehicles, owing to rising disposable income across the region, coupled with rising number of industrial projects and growing investments by several major companies in the forging industry.

Moreover, with expanding construction and logistics sectors in the region, demand for commercial vehicles is also growing, which in turn is anticipated to positively impact the Asia-Pacific automotive forging market during forecast period.

Asia-Pacific Automotive Forging Market, 2013-2023 discusses the following aspects of automotive forging market in APAC:

  • Automotive Forging Market Size, Share & Forecast
  • Segmental Analysis - By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle and Others), By Material Type, By Application, By Country
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

  • To gain an in-depth understanding of automotive forging in APAC
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, automotive forging distributors and other stakeholders align their market-centric strategies
  • To obtain research-based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Some of the leading companies operating in the Asia-Pacific automotive forging market are

  • Bharat Forge Limited
  • Thyssenkrupp AG
  • CIE Automotive, S.A.
  • NTN Corporation
  • American Axle & Manufacturing, Inc.
  • Meritor Inc.
  • Dana Inc.
  • Ramkrishna Forgings
  • India Forge & Drop Stampings Ltd.
  • Nanjing Automobile Forging Co., Ltd.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Asia-Pacific Automotive Forging Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Vehicle Type
4.2.2. By Material Type (Steel and Aluminum)
4.2.3. By Application (Gears, Crankshaft, Piston, Axle, Bearing, Connecting Roads & Others)
4.2.4. By Country
4.3. Market Attractiveness Index (By Vehicle Type)
4.4. Asia-Pacific: Country Analysis

5. Market Dynamics
5.1. Drivers
5.2. Challenges

6. Market Trends & Developments

7. Competitive Landscape
7.1. Bharat Forge Limited
7.2. Thyssenkrupp AG
7.3. CIE Automotive, S.A.
7.4. NTN Corporation
7.5. American Axle & Manufacturing, Inc.
7.6. Meritor Inc.
7.7. Dana Inc.
7.8. Ramkrishna Forgings
7.9. India Forge & Drop Stampings Ltd.
7.10. Nanjing Automobile Forging Co., Ltd.

8. Strategic Recommendations

For more information about this report visit

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Related Topics: Automotive Parts, Automotive Manufacturing


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