Industry Overview
The Forged Aluminum Automotive Market is expected to reach 6.56Billion by 2032 and is growing at a CAGR of 12% between 2024 to 2032.Forged Aluminum Automotive Market Size in (USD Billion) CAGR Growth Rate 12%
| Study Period | 2020-2032 |
| Market Size (2024): | 2.50Billion |
| Market Size (2032): | 6.56Billion |
| CAGR (2024 - 2032): | 12% |
| Fastest Growing Region | Asia Pacific |
| Dominating Region | North America |
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Forged aluminum automotive components are parts manufactured by deforming aluminum billets under high pressure to achieve high-strength, lightweight structures. This process enhances material grain structure, resulting in superior mechanical properties compared to cast or machined alternatives. Commonly used in wheels, suspension arms, knuckles, and engine parts, forged aluminum improves fuel efficiency, handling, and crash safety by reducing vehicle weight without compromising strength. The automotive industry favors aluminum forging for its excellent strength-to-weight ratio, corrosion resistance, and recyclability. As the industry shifts toward electric and hybrid vehicles, demand for forged aluminum components is increasing to offset battery weight and enhance performance.
The consumer goods market consists of various components, including product categories (durable and non-durable goods), distribution channels (retail stores, e-commerce, and wholesalers), and market segmentation based on demographics and consumer behavior. Marketing strategies, such as advertising and branding, play a crucial role in attracting consumers, while trends like sustainability and health consciousness influence purchasing decisions. Additionally, the regulatory environment impacts product development, and effective supply chain management ensures timely delivery. Pricing strategies must consider competition and consumer demand to optimize sales. Together, these elements shape the dynamics of the consumer goods market.
Market Segmentation
Selecting segmentation criteria in Howmet Aerospace Inc. (United States ), Bharat Forge Ltd. (India), ThyssenKrupp AG (Germany), Kobe Steel Ltd. (Japan), Nippon Steel Corporation (Japan), Alcoa Corporation (United States ), Aluminum Precision Products (United States ), American Handforge (United States ), Arconic Corporation (United States ), ATI Inc. (United States ), Bons & Evers (Netherlands), Farinia Group (France), Norsk Hydro ASA (Norway), FORGINAL Industrie (France), Queen City Forging (United States ), Scot Forge (United States ), Deeco Metals (United States ), Continental Forge Company (United States ), Accurate Steel Forgings (India), Consolidated Industries (United States ), Dynacast International (United States ) involves several key steps. Researchers begin by defining their objectives, such as understanding consumer behavior or identifying market opportunities. They then gather relevant data on demographics, psychographics, and buying behavior. Next, they identify segmentation variables like age, location, lifestyle, and purchase patterns. Using analytical tools, they analyze the data to find distinct market segments and evaluate their attractiveness based on size, growth potential, and alignment with business goals. Detailed profiles are created for each segment, and the most promising ones are selected for targeting. Finally, tailored marketing strategies are developed, and the performance of these strategies is monitored and adjusted as needed. This process ensures that segmentation effectively identifies valuable market opportunities and aligns with strategic goals.The North America Region holds a dominant market share, primarily driven by growing consumption patterns, a rising population, and robust economic activity that fuels market demand. Meanwhile, the Asia Pacific Region is experiencing the fastest growth, propelled by increasing infrastructure developments, expanding industrial activities, and a surge in consumer demand, positioning it as a key driver for future market expansion.
Segmentation by Type
- Closed-die
- Open-die
- Rolled ring
- Press forging
- Hammer forging
Forged Aluminum Automotive Market Segmentation by Type
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Segmentation by Application
- Suspension parts
- wheels
- engine components
- transmission systems
- chassis
- EV platforms
Forged Aluminum Automotive Market Segmentation by Application
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Regional Insight
The Forged Aluminum Automotive varies widely by region, reflecting diverse economic conditions and consumer preferences. In North America, the focus is on convenience and premium products, driven by high disposable incomes and a strong e-commerce sector. Europe’s market is fragmented, with Western countries emphasizing luxury and organic goods, while Eastern Europe sees rapid growth. Asia-Pacific is a fast-growing region with high demand for both high-tech and affordable products, driven by urbanization and rising middle-class incomes. Latin America prioritizes affordability amidst economic fluctuations, with Brazil and Mexico leading in market growth. In the Middle East and Africa, market trends are influenced by cultural preferences, with luxury goods prominent in the Gulf States and gradual growth in sub-Saharan Africa. Global trends like sustainability and digital transformation are impacting all regions.
The North America dominant region currently dominates the market share, fueled by increasing consumption, population growth, and sustained economic progress that collectively enhance market demand. Conversely, the Asia Pacific is the fastest-growing that is rapidly becoming the fastest-growing region, driven by significant infrastructure investments, industrial expansion, and rising consumer demand.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia Pacific
Dominating Region
North America
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:
- Howmet Aerospace Inc. (United States )
- Bharat Forge Ltd. (India)
- ThyssenKrupp AG (Germany)
- Kobe Steel Ltd. (Japan)
- Nippon Steel Corporation (Japan)
- Alcoa Corporation (United States )
- Aluminum Precision Products (United States )
- American Handforge (United States )
- Arconic Corporation (United States )
- ATI Inc. (United States )
- Bons & Evers (Netherlands)
- Farinia Group (France)
- Norsk Hydro ASA (Norway)
- FORGINAL Industrie (France)
- Queen City Forging (United States )
- Scot Forge (United States )
- Deeco Metals (United States )
- Continental Forge Company (United States )
- Accurate Steel Forgings (India)
- Consolidated Industries (United States )
- Dynacast International (United States )
Forged Aluminum Automotive Market Segmentation by Players
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Report Infographics:
| Report Features | Details |
| Base Year | 2024 |
| Based Year Market Size 2024 | 2.50Billion |
| Historical Period Market Size 2020 | 2.12Billion |
| CAGR (2024to 2032) | 12% |
| Forecast Period | 2024 to 2032 |
| Forecasted Period Market Size 2032 | 6.56Billion |
| Scope of the Report | Closed-die, Open-die, Rolled ring, Press forging, Hammer forging, Suspension parts, wheels, engine components, transmission systems, chassis, EV platforms |
| Regions Covered | North America, Europe, Asia Pacific, South America, and MEA |
| Year-on-Year Growth | 6.20% |
| Companies Covered | Howmet Aerospace Inc. (United States ), Bharat Forge Ltd. (India), ThyssenKrupp AG (Germany), Kobe Steel Ltd. (Japan), Nippon Steel Corporation (Japan), Alcoa Corporation (United States ), Aluminum Precision Products (United States ), American Handforge (United States ), Arconic Corporation (United States ), ATI Inc. (United States ), Bons & Evers (Netherlands), Farinia Group (France), Norsk Hydro ASA (Norway), FORGINAL Industrie (France), Queen City Forging (United States ), Scot Forge (United States ), Deeco Metals (United States ), Continental Forge Company (United States ), Accurate Steel Forgings (India), Consolidated Industries (United States ), Dynacast International (United States ) |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
Forged Aluminum Automotive Market Dynamics
The Forged Aluminum Automotive is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade.Influencing Trend:
- EV-compatible alloys
- high-strength aluminum
Market Growth Drivers:
- Lightweighting Needs
- Emission Norms
- Fuel Economy
Challenges:
- Raw Material Costs
- Die Wear
- Precision Issues
- Energy-intensive
Opportunities:
- EV Manufacturing
- Green Vehicle Policies
Regulatory Framework
The regulatory framework for the Forged Aluminum Automotive ensures product safety, fair competition, and consumer protection. It encompasses setting standards for product quality and safety, enforcing truthful advertising and labeling, and implementing environmental sustainability practices. Regulations include robust procedures for product recalls, data protection, and anti-competitive practices, while also overseeing import/export controls and intellectual property rights. Regulatory bodies enforce these rules through inspections and penalties, and consumer education programs help individuals make informed decisions. This framework aims to protect consumers, promote fair market conditions, and encourage ethical business practices.Competitive Insights
The key players in the Forged Aluminum Automotive are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Howmet Aerospace Inc. (United States ), Bharat Forge Ltd. (India), ThyssenKrupp AG (Germany), Kobe Steel Ltd. (Japan), Nippon Steel Corporation (Japan), Alcoa Corporation (United States ), Aluminum Precision Products (United States ), American Handforge (United States ), Arconic Corporation (United States ), ATI Inc. (United States ), Bons & Evers (Netherlands), Farinia Group (France), Norsk Hydro ASA (Norway), FORGINAL Industrie (France), Queen City Forging (United States ), Scot Forge (United States ), Deeco Metals (United States ), Continental Forge Company (United States ), Accurate Steel Forgings (India), Consolidated Industries (United States ), Dynacast International (United States ) are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in product formulation and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the consumer goods industry, as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the consumer goods industry. Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green movement, thereby fueling market growth.
Research Methodology
The research methodology for the consumer goods industry involves several key steps to ensure comprehensive and actionable insights. First, the research objectives are clearly defined, focusing on aspects like consumer behavior, market opportunities, competitive dynamics, or regulatory impacts. A thorough literature review follows, drawing from academic journals, industry reports, government publications, and market analyses to establish a knowledge base and identify research gaps. Data collection encompasses both primary methods, such as surveys, interviews, and focus groups with consumers and industry experts, and secondary methods, including analysis of market reports, government data, and industry publications. Quantitative data is analyzed using statistical tools to identify patterns and market segments, while qualitative data from interviews and focus groups is examined to extract key themes and insights.
The market is then segmented based on demographics, psychographics, geography, and purchasing behavior, and competitive analysis is conducted to evaluate key players' strategies and strengths. Trend analysis identifies current and emerging industry trends. Findings are compiled into a detailed report with data visualizations and strategic recommendations. The research is validated and refined through cross-checking and expert feedback, and a framework for continuous monitoring is established to keep the research current and relevant.
Forged Aluminum Automotive - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Forged Aluminum Automotive Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Forged Aluminum Automotive Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Forged Aluminum Automotive Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Lightweighting needs
- 3.1.2 emission norms
- 3.1.3 fuel economy
-
3.2 Available Opportunities
- 3.2.1 EV manufacturing
- 3.2.2 green vehicle poli
-
3.3 Influencing Trends
- 3.3.1 EV-compatible alloys
- 3.3.2 high-strength
-
3.4 Challenges
- 3.4.1 Raw material costs
- 3.4.2 die wear
- 3.4.3 precis
- 3.5 Regional Dynamics
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Chapter 4 : Global Forged Aluminum Automotive Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Forged Aluminum Automotive Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Forged Aluminum Automotive : Competition Benchmarking & Performance Evaluation
- 5.1 Global Forged Aluminum Automotive Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Forged Aluminum Automotive Revenue 2024
- 5.3 Global Forged Aluminum Automotive Sales Volume by Manufacturers (2024)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Heat Map Analysis
- 5.6 Strategic Group Analysis
Chapter 6: Global Forged Aluminum Automotive Market: Company Profiles
- 6.1 Howmet Aerospace Inc. (United States )
- 6.1.1 Howmet Aerospace Inc. (United States ) Company Overview
- 6.1.2 Howmet Aerospace Inc. (United States ) Product/Service Portfolio & Specifications
- 6.1.3 Howmet Aerospace Inc. (United States ) Key Financial Metrics
- 6.1.4 Howmet Aerospace Inc. (United States ) SWOT Analysis
- 6.1.5 Howmet Aerospace Inc. (United States ) Development Activities
- 6.2 Bharat Forge Ltd. (India)
- 6.3 ThyssenKrupp AG (Germany)
- 6.4 Kobe Steel Ltd. (Japan)
- 6.5 Nippon Steel Corporation (Japan)
- 6.6 Alcoa Corporation (United States )
- 6.7 Aluminum Precision Products (United States )
- 6.8 American Handforge (United States )
- 6.9 Arconic Corporation (United States )
- 6.10 ATI Inc. (United States )
- 6.11 Bons & Evers (Netherlands)
- 6.12 Farinia Group (France)
- 6.13 Norsk Hydro ASA (Norway)
- 6.14 FORGINAL Industrie (France)
- 6.15 Queen City Forging (United States )
- 6.16 Scot Forge (United States )
- 6.17 Deeco Metals (United States )
- 6.18 Continental Forge Company (United States )
- 6.19 Accurate Steel Forgings (India)
- 6.20 Consolidated Industries (United States )
- 6.21 Dynacast International (United States )
- 6.22 Kobelco Aluminum Automotive Products (United States )
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Sectional Purchase
Chapter 7 : Global Forged Aluminum Automotive by Type & Application (2020-2032)
-
7.1 Global Forged Aluminum Automotive Market Revenue Analysis (USD Million) by Type (2020-2024)
- 7.1.1 Closed-die
- 7.1.2 Open-die
- 7.1.3 Rolled Ring
- 7.1.4 Press Forging
- 7.1.5 Hammer Forging
- 7.1.6 Cold Forging
-
7.2 Global Forged Aluminum Automotive Market Revenue Analysis (USD Million) by Application (2020-2024)
- 7.2.1 Suspension Parts
- 7.2.2 Wheels
- 7.2.3 Engine Components
- 7.2.4 Transmission Systems
- 7.2.5 Chassis
- 7.2.6 EV Platforms
- 7.3 Global Forged Aluminum Automotive Market Revenue Analysis (USD Million) by Type (2024-2032)
- 7.4 Global Forged Aluminum Automotive Market Revenue Analysis (USD Million) by Application (2024-2032)
Chapter 8 : North America Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 8.1 North America Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 8.2.1 Closed-die
- 8.2.2 Open-die
- 8.2.3 Rolled Ring
- 8.2.4 Press Forging
- 8.2.5 Hammer Forging
- 8.2.6 Cold Forging
-
8.3 North America Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 8.3.1 Suspension Parts
- 8.3.2 Wheels
- 8.3.3 Engine Components
- 8.3.4 Transmission Systems
- 8.3.5 Chassis
- 8.3.6 EV Platforms
- 8.4 North America Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 8.5 North America Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 8.6 North America Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
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Sectional Purchase
Chapter 9 : LATAM Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 9.1 LATAM Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 9.2.1 Closed-die
- 9.2.2 Open-die
- 9.2.3 Rolled Ring
- 9.2.4 Press Forging
- 9.2.5 Hammer Forging
- 9.2.6 Cold Forging
-
9.3 LATAM Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 9.3.1 Suspension Parts
- 9.3.2 Wheels
- 9.3.3 Engine Components
- 9.3.4 Transmission Systems
- 9.3.5 Chassis
- 9.3.6 EV Platforms
- 9.4 LATAM Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 9.5 LATAM Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 9.6 LATAM Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 10 : West Europe Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 10.1 West Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 10.2.1 Closed-die
- 10.2.2 Open-die
- 10.2.3 Rolled Ring
- 10.2.4 Press Forging
- 10.2.5 Hammer Forging
- 10.2.6 Cold Forging
-
10.3 West Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 10.3.1 Suspension Parts
- 10.3.2 Wheels
- 10.3.3 Engine Components
- 10.3.4 Transmission Systems
- 10.3.5 Chassis
- 10.3.6 EV Platforms
- 10.4 West Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 10.5 West Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 10.6 West Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 11 : Central & Eastern Europe Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 11.2.1 Closed-die
- 11.2.2 Open-die
- 11.2.3 Rolled Ring
- 11.2.4 Press Forging
- 11.2.5 Hammer Forging
- 11.2.6 Cold Forging
-
11.3 Central & Eastern Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 11.3.1 Suspension Parts
- 11.3.2 Wheels
- 11.3.3 Engine Components
- 11.3.4 Transmission Systems
- 11.3.5 Chassis
- 11.3.6 EV Platforms
- 11.4 Central & Eastern Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 11.5 Central & Eastern Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 11.6 Central & Eastern Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 12 : Northern Europe Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 12.2.1 Closed-die
- 12.2.2 Open-die
- 12.2.3 Rolled Ring
- 12.2.4 Press Forging
- 12.2.5 Hammer Forging
- 12.2.6 Cold Forging
-
12.3 Northern Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 12.3.1 Suspension Parts
- 12.3.2 Wheels
- 12.3.3 Engine Components
- 12.3.4 Transmission Systems
- 12.3.5 Chassis
- 12.3.6 EV Platforms
- 12.4 Northern Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 12.5 Northern Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 12.6 Northern Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 13 : Southern Europe Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 13.2.1 Closed-die
- 13.2.2 Open-die
- 13.2.3 Rolled Ring
- 13.2.4 Press Forging
- 13.2.5 Hammer Forging
- 13.2.6 Cold Forging
-
13.3 Southern Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 13.3.1 Suspension Parts
- 13.3.2 Wheels
- 13.3.3 Engine Components
- 13.3.4 Transmission Systems
- 13.3.5 Chassis
- 13.3.6 EV Platforms
- 13.4 Southern Europe Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 13.5 Southern Europe Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 13.6 Southern Europe Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 14 : East Asia Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 14.1 East Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 14.2.1 Closed-die
- 14.2.2 Open-die
- 14.2.3 Rolled Ring
- 14.2.4 Press Forging
- 14.2.5 Hammer Forging
- 14.2.6 Cold Forging
-
14.3 East Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 14.3.1 Suspension Parts
- 14.3.2 Wheels
- 14.3.3 Engine Components
- 14.3.4 Transmission Systems
- 14.3.5 Chassis
- 14.3.6 EV Platforms
- 14.4 East Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 14.5 East Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 14.6 East Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 15 : Southeast Asia Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 15.2.1 Closed-die
- 15.2.2 Open-die
- 15.2.3 Rolled Ring
- 15.2.4 Press Forging
- 15.2.5 Hammer Forging
- 15.2.6 Cold Forging
-
15.3 Southeast Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 15.3.1 Suspension Parts
- 15.3.2 Wheels
- 15.3.3 Engine Components
- 15.3.4 Transmission Systems
- 15.3.5 Chassis
- 15.3.6 EV Platforms
- 15.4 Southeast Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 15.5 Southeast Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 15.6 Southeast Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 16 : South Asia Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 16.1 South Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 16.2.1 Closed-die
- 16.2.2 Open-die
- 16.2.3 Rolled Ring
- 16.2.4 Press Forging
- 16.2.5 Hammer Forging
- 16.2.6 Cold Forging
-
16.3 South Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 16.3.1 Suspension Parts
- 16.3.2 Wheels
- 16.3.3 Engine Components
- 16.3.4 Transmission Systems
- 16.3.5 Chassis
- 16.3.6 EV Platforms
- 16.4 South Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 16.5 South Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 16.6 South Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 17 : Central Asia Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 17.1 Central Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 17.2.1 Closed-die
- 17.2.2 Open-die
- 17.2.3 Rolled Ring
- 17.2.4 Press Forging
- 17.2.5 Hammer Forging
- 17.2.6 Cold Forging
-
17.3 Central Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 17.3.1 Suspension Parts
- 17.3.2 Wheels
- 17.3.3 Engine Components
- 17.3.4 Transmission Systems
- 17.3.5 Chassis
- 17.3.6 EV Platforms
- 17.4 Central Asia Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 17.5 Central Asia Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 17.6 Central Asia Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 18 : Oceania Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 18.1 Oceania Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 18.2.1 Closed-die
- 18.2.2 Open-die
- 18.2.3 Rolled Ring
- 18.2.4 Press Forging
- 18.2.5 Hammer Forging
- 18.2.6 Cold Forging
-
18.3 Oceania Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 18.3.1 Suspension Parts
- 18.3.2 Wheels
- 18.3.3 Engine Components
- 18.3.4 Transmission Systems
- 18.3.5 Chassis
- 18.3.6 EV Platforms
- 18.4 Oceania Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 18.5 Oceania Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 18.6 Oceania Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 19 : MEA Forged Aluminum Automotive Market Breakdown by Country, Type & Application
- 19.1 MEA Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 19.2.1 Closed-die
- 19.2.2 Open-die
- 19.2.3 Rolled Ring
- 19.2.4 Press Forging
- 19.2.5 Hammer Forging
- 19.2.6 Cold Forging
-
19.3 MEA Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 19.3.1 Suspension Parts
- 19.3.2 Wheels
- 19.3.3 Engine Components
- 19.3.4 Transmission Systems
- 19.3.5 Chassis
- 19.3.6 EV Platforms
- 19.4 MEA Forged Aluminum Automotive Market by Country (USD Million) & Sales Volume (Units) [2025-2032]
- 19.5 MEA Forged Aluminum Automotive Market by Type (USD Million) & Sales Volume (Units) [2025-2032]
- 19.6 MEA Forged Aluminum Automotive Market by Application (USD Million) & Sales Volume (Units) [2025-2032]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Forged Aluminum Automotive market is expected to see value worth 2.50 Billion in 2024.
The Forged Aluminum Automotive Market is growing at a CAGR of 12% over the forecasted period 2024 - 2032.
The changing dynamics and trends such as EV-compatible Alloys, High-strength Aluminum, Recycling Integration are seen as major Game Changer in Global Forged Aluminum Automotive Market.
The leaders in the Global Forged Aluminum Automotive Market such as Howmet Aerospace Inc. (United States ), Bharat Forge Ltd. (India), ThyssenKrupp AG (Germany), Kobe Steel Ltd. (Japan), Nippon Steel Corporation (Japan), Alcoa Corporation (United States ), Aluminum Precision Products (United States ), American Handforge (United States ), Arconic Corporation (United States ), ATI Inc. (United States ), Bons & Evers (Netherlands), Farinia Group (France), Norsk Hydro ASA (Norway), FORGINAL Industrie (France), Queen City Forging (United States ), Scot Forge (United States ), Deeco Metals (United States ), Continental Forge Company (United States ), Accurate Steel Forgings (India), Consolidated Industries (United States ), Dynacast International (United States ), Kobelco Aluminum Automotive Products (United States ) are targeting innovative and differentiated growth drivers some of them are Lightweighting Needs, Emission Norms, Fuel Economy, Vehicle Safety
As Industry players prepare to scale up, Forged Aluminum Automotive Market sees major concern such as Raw Material Costs, Die Wear, Precision Issues, Energy-intensive, Competition From Composites.
Some of the opportunities that Analyst at HTF MI have identified in Forged Aluminum Automotive Market are:
- EV Manufacturing
- Green Vehicle Policies
- Aftermarket Supply
Howmet Aerospace Inc. (United States ), Bharat Forge Ltd. (India), ThyssenKrupp AG (Germany), Kobe Steel Ltd. (Japan), Nippon Steel Corporation (Japan), Alcoa Corporation (United States ), Aluminum Precision Products (United States ), American Handforge (United States ), Arconic Corporation (United States ), ATI Inc. (United States ), Bons & Evers (Netherlands), Farinia Group (France), Norsk Hydro ASA (Norway), FORGINAL Industrie (France), Queen City Forging (United States ), Scot Forge (United States ), Deeco Metals (United States ), Continental Forge Company (United States ), Accurate Steel Forgings (India), Consolidated Industries (United States ), Dynacast International (United States ), Kobelco Aluminum Automotive Products (United States ) are the major operating companies profiled in Forged Aluminum Automotive market study.
The Global Forged Aluminum Automotive Market Study is Broken down by applications such as Suspension parts, wheels, engine components, transmission systems, chassis, EV platforms.
The Global Forged Aluminum Automotive Market Study is segmented by Closed-die, Open-die, Rolled ring, Press forging, Hammer forging, Cold forging.
The Global Forged Aluminum Automotive Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2020 - Base year: 2024. Forecast period**: 2025 to 2032 [** unless otherwise stated]
Forged aluminum automotive components are parts manufactured by deforming aluminum billets under high pressure to achieve high-strength, lightweight structures. This process enhances material grain structure, resulting in superior mechanical properties compared to cast or machined alternatives. Commonly used in wheels, suspension arms, knuckles, and engine parts, forged aluminum improves fuel efficiency, handling, and crash safety by reducing vehicle weight without compromising strength. The automotive industry favors aluminum forging for its excellent strength-to-weight ratio, corrosion resistance, and recyclability. As the industry shifts toward electric and hybrid vehicles, demand for forged aluminum components is increasing to offset battery weight and enhance performance.
