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Chemical & Material Global Electric Vehicle Forgings Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4568094
    • |
  • 08 December, 2023
    • |
  • Global
    • |
  • 128 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Electric Vehicle Forgings market size was valued at USD 7403.9 million in 2022 and is forecast to a readjusted size of USD 20540 million by 2029 with a CAGR of 15.7% during review period.
Electric Vehicle Forgings refer to specially designed metal components that are manufactured through the process of forging for use in electric vehicles (EVs). Forging is a manufacturing process that involves heating metal to a high temperature and then applying pressure or impact to shape it into a specific form.
Growing Demand for Electric Vehicles: The global demand for electric vehicles continued to rise, driven by environmental concerns, government incentives, and improvements in EV technology. As the EV market expands, the demand for forgings used in electric vehicle components is expected to increase.
Lightweighting and Material Innovations: EV manufacturers focus on lightweighting to improve energy efficiency and range. This trend leads to the increased use of advanced materials and forging techniques to reduce the weight of components while maintaining strength and durability.
Complex Component Design: EVs require specialized components like motor rotors, battery housings, and transmission components. These components often have intricate and unique designs that demand precision forging techniques.
Supply Chain and Localization: There's a trend toward localization of supply chains to reduce production costs and enhance resilience. EV manufacturers are seeking local forging suppliers to meet their needs.
Investment in Advanced Manufacturing Technologies: To meet the demand for precision components, the forging industry is investing in advanced manufacturing technologies such as automation, robotics, and digitalization to improve efficiency and reduce lead times.
The Global Info Research report includes an overview of the development of the Electric Vehicle Forgings industry chain, the market status of Electric Motor (Closed Die Forgings, Open Die Forgings), Transmission System (Closed Die Forgings, Open Die Forgings), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Vehicle Forgings.
Regionally, the report analyzes the Electric Vehicle Forgings markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Vehicle Forgings market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Vehicle Forgings market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Vehicle Forgings industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Closed Die Forgings, Open Die Forgings).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Vehicle Forgings market.
Regional Analysis: The report involves examining the Electric Vehicle Forgings market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Vehicle Forgings market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Vehicle Forgings:
Company Analysis: Report covers individual Electric Vehicle Forgings manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Vehicle Forgings This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Electric Motor, Transmission System).
Technology Analysis: Report covers specific technologies relevant to Electric Vehicle Forgings. It assesses the current state, advancements, and potential future developments in Electric Vehicle Forgings areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Vehicle Forgings market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Vehicle Forgings market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Closed Die Forgings
Open Die Forgings
Rolled Rings Forgings
Market segment by Application
Electric Motor
Transmission System
Chassis Components
Suspension Parts
Others
Major players covered
Aichi Steel
Thyssenkrupp
AAM
Bharat Forge
WanXiang
MM Forgings
FAW
Farinia Group
Longcheng Forging
Ramkrishna Forgings
Dongfeng Forging
Jiangsu Pacific Precision Forging
Ashok Leyland
CITIC Heavy Industries
Anchor
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle Forgings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle Forgings, with price, sales, revenue and global market share of Electric Vehicle Forgings from 2018 to 2023.
Chapter 3, the Electric Vehicle Forgings competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle Forgings breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Electric Vehicle Forgings market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle Forgings.
Chapter 14 and 15, to describe Electric Vehicle Forgings sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Electric Vehicle Forgings
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Electric Vehicle Forgings Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Closed Die Forgings
    • 1.3.3 Open Die Forgings
    • 1.3.4 Rolled Rings Forgings
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Electric Vehicle Forgings Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Electric Motor
    • 1.4.3 Transmission System
    • 1.4.4 Chassis Components
    • 1.4.5 Suspension Parts
    • 1.4.6 Others
  • 1.5 Global Electric Vehicle Forgings Market Size & Forecast
    • 1.5.1 Global Electric Vehicle Forgings Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Electric Vehicle Forgings Sales Quantity (2018-2029)
    • 1.5.3 Global Electric Vehicle Forgings Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Aichi Steel
    • 2.1.1 Aichi Steel Details
    • 2.1.2 Aichi Steel Major Business
    • 2.1.3 Aichi Steel Electric Vehicle Forgings Product and Services
    • 2.1.4 Aichi Steel Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Aichi Steel Recent Developments/Updates
  • 2.2 Thyssenkrupp
    • 2.2.1 Thyssenkrupp Details
    • 2.2.2 Thyssenkrupp Major Business
    • 2.2.3 Thyssenkrupp Electric Vehicle Forgings Product and Services
    • 2.2.4 Thyssenkrupp Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Thyssenkrupp Recent Developments/Updates
  • 2.3 AAM
    • 2.3.1 AAM Details
    • 2.3.2 AAM Major Business
    • 2.3.3 AAM Electric Vehicle Forgings Product and Services
    • 2.3.4 AAM Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 AAM Recent Developments/Updates
  • 2.4 Bharat Forge
    • 2.4.1 Bharat Forge Details
    • 2.4.2 Bharat Forge Major Business
    • 2.4.3 Bharat Forge Electric Vehicle Forgings Product and Services
    • 2.4.4 Bharat Forge Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Bharat Forge Recent Developments/Updates
  • 2.5 WanXiang
    • 2.5.1 WanXiang Details
    • 2.5.2 WanXiang Major Business
    • 2.5.3 WanXiang Electric Vehicle Forgings Product and Services
    • 2.5.4 WanXiang Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 WanXiang Recent Developments/Updates
  • 2.6 MM Forgings
    • 2.6.1 MM Forgings Details
    • 2.6.2 MM Forgings Major Business
    • 2.6.3 MM Forgings Electric Vehicle Forgings Product and Services
    • 2.6.4 MM Forgings Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 MM Forgings Recent Developments/Updates
  • 2.7 FAW
    • 2.7.1 FAW Details
    • 2.7.2 FAW Major Business
    • 2.7.3 FAW Electric Vehicle Forgings Product and Services
    • 2.7.4 FAW Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 FAW Recent Developments/Updates
  • 2.8 Farinia Group
    • 2.8.1 Farinia Group Details
    • 2.8.2 Farinia Group Major Business
    • 2.8.3 Farinia Group Electric Vehicle Forgings Product and Services
    • 2.8.4 Farinia Group Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Farinia Group Recent Developments/Updates
  • 2.9 Longcheng Forging
    • 2.9.1 Longcheng Forging Details
    • 2.9.2 Longcheng Forging Major Business
    • 2.9.3 Longcheng Forging Electric Vehicle Forgings Product and Services
    • 2.9.4 Longcheng Forging Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Longcheng Forging Recent Developments/Updates
  • 2.10 Ramkrishna Forgings
    • 2.10.1 Ramkrishna Forgings Details
    • 2.10.2 Ramkrishna Forgings Major Business
    • 2.10.3 Ramkrishna Forgings Electric Vehicle Forgings Product and Services
    • 2.10.4 Ramkrishna Forgings Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Ramkrishna Forgings Recent Developments/Updates
  • 2.11 Dongfeng Forging
    • 2.11.1 Dongfeng Forging Details
    • 2.11.2 Dongfeng Forging Major Business
    • 2.11.3 Dongfeng Forging Electric Vehicle Forgings Product and Services
    • 2.11.4 Dongfeng Forging Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Dongfeng Forging Recent Developments/Updates
  • 2.12 Jiangsu Pacific Precision Forging
    • 2.12.1 Jiangsu Pacific Precision Forging Details
    • 2.12.2 Jiangsu Pacific Precision Forging Major Business
    • 2.12.3 Jiangsu Pacific Precision Forging Electric Vehicle Forgings Product and Services
    • 2.12.4 Jiangsu Pacific Precision Forging Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 Jiangsu Pacific Precision Forging Recent Developments/Updates
  • 2.13 Ashok Leyland
    • 2.13.1 Ashok Leyland Details
    • 2.13.2 Ashok Leyland Major Business
    • 2.13.3 Ashok Leyland Electric Vehicle Forgings Product and Services
    • 2.13.4 Ashok Leyland Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Ashok Leyland Recent Developments/Updates
  • 2.14 CITIC Heavy Industries
    • 2.14.1 CITIC Heavy Industries Details
    • 2.14.2 CITIC Heavy Industries Major Business
    • 2.14.3 CITIC Heavy Industries Electric Vehicle Forgings Product and Services
    • 2.14.4 CITIC Heavy Industries Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 CITIC Heavy Industries Recent Developments/Updates
  • 2.15 Anchor
    • 2.15.1 Anchor Details
    • 2.15.2 Anchor Major Business
    • 2.15.3 Anchor Electric Vehicle Forgings Product and Services
    • 2.15.4 Anchor Electric Vehicle Forgings Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Anchor Recent Developments/Updates

3 Competitive Environment: Electric Vehicle Forgings by Manufacturer

  • 3.1 Global Electric Vehicle Forgings Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Electric Vehicle Forgings Revenue by Manufacturer (2018-2023)
  • 3.3 Global Electric Vehicle Forgings Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Electric Vehicle Forgings by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Electric Vehicle Forgings Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Electric Vehicle Forgings Manufacturer Market Share in 2022
  • 3.5 Electric Vehicle Forgings Market: Overall Company Footprint Analysis
    • 3.5.1 Electric Vehicle Forgings Market: Region Footprint
    • 3.5.2 Electric Vehicle Forgings Market: Company Product Type Footprint
    • 3.5.3 Electric Vehicle Forgings Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Electric Vehicle Forgings Market Size by Region
    • 4.1.1 Global Electric Vehicle Forgings Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Electric Vehicle Forgings Consumption Value by Region (2018-2029)
    • 4.1.3 Global Electric Vehicle Forgings Average Price by Region (2018-2029)
  • 4.2 North America Electric Vehicle Forgings Consumption Value (2018-2029)
  • 4.3 Europe Electric Vehicle Forgings Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Electric Vehicle Forgings Consumption Value (2018-2029)
  • 4.5 South America Electric Vehicle Forgings Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Electric Vehicle Forgings Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Electric Vehicle Forgings Sales Quantity by Type (2018-2029)
  • 5.2 Global Electric Vehicle Forgings Consumption Value by Type (2018-2029)
  • 5.3 Global Electric Vehicle Forgings Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Electric Vehicle Forgings Sales Quantity by Application (2018-2029)
  • 6.2 Global Electric Vehicle Forgings Consumption Value by Application (2018-2029)
  • 6.3 Global Electric Vehicle Forgings Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Electric Vehicle Forgings Sales Quantity by Type (2018-2029)
  • 7.2 North America Electric Vehicle Forgings Sales Quantity by Application (2018-2029)
  • 7.3 North America Electric Vehicle Forgings Market Size by Country
    • 7.3.1 North America Electric Vehicle Forgings Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Electric Vehicle Forgings Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Electric Vehicle Forgings Sales Quantity by Type (2018-2029)
  • 8.2 Europe Electric Vehicle Forgings Sales Quantity by Application (2018-2029)
  • 8.3 Europe Electric Vehicle Forgings Market Size by Country
    • 8.3.1 Europe Electric Vehicle Forgings Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Electric Vehicle Forgings Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Electric Vehicle Forgings Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Electric Vehicle Forgings Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Electric Vehicle Forgings Market Size by Region
    • 9.3.1 Asia-Pacific Electric Vehicle Forgings Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Electric Vehicle Forgings Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Electric Vehicle Forgings Sales Quantity by Type (2018-2029)
  • 10.2 South America Electric Vehicle Forgings Sales Quantity by Application (2018-2029)
  • 10.3 South America Electric Vehicle Forgings Market Size by Country
    • 10.3.1 South America Electric Vehicle Forgings Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Electric Vehicle Forgings Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Electric Vehicle Forgings Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Electric Vehicle Forgings Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Electric Vehicle Forgings Market Size by Country
    • 11.3.1 Middle East & Africa Electric Vehicle Forgings Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Electric Vehicle Forgings Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Electric Vehicle Forgings Market Drivers
  • 12.2 Electric Vehicle Forgings Market Restraints
  • 12.3 Electric Vehicle Forgings Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Electric Vehicle Forgings and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Electric Vehicle Forgings
  • 13.3 Electric Vehicle Forgings Production Process
  • 13.4 Electric Vehicle Forgings Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Electric Vehicle Forgings Typical Distributors
  • 14.3 Electric Vehicle Forgings Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Electric Vehicle Forgings. Industry analysis & Market Report on Electric Vehicle Forgings is a syndicated market report, published as Global Electric Vehicle Forgings Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Electric Vehicle Forgings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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