Global Drop Forging Services Market Growth (Status and Outlook) 2025-2031

According to this study, the global Drop Forging Services market size will reach US$ 433 million by 2031.

Drop forging is a forming process in which a heated billet is shaped between two dies. This method enables the production of complex shapes with high dimensional accuracy and strength. Often, multiple forming steps are carried out in sequence to achieve the final shape of the forged blank.

Drop forging services refer to a manufacturing process and related service model that uses a forging press or hammer to apply pressure to metal billets or ingots, causing them to deform plastically and flow into a pre-designed mold cavity, thereby forming parts with specific shapes and properties.

United States market for Drop Forging Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Drop Forging Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Drop Forging Services is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Drop Forging Services players cover Topgrid, Ferralloy Inc., CFS Machinery, Canton Drop Forge, Zetwerk, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Drop Forging Services Industry Forecast” looks at past sales and reviews total world Drop Forging Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Drop Forging Services sales for 2025 through 2031. With Drop Forging Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drop Forging Services industry.

This Insight Report provides a comprehensive analysis of the global Drop Forging Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Drop Forging Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Drop Forging Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drop Forging Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drop Forging Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Drop Forging Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hot Forging
Warm Forging
Cold Forging

Segmentation by Application:
Aerospace
Automotive and Transportation
Mechanical Engineering
Energy Industry
Military and Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Topgrid
Ferralloy Inc.
CFS Machinery
Canton Drop Forge
Zetwerk
W.H.Tildesley Ltd
Milwaukee Forge
CT Forge
US Drop Forge
B.B. Price Limited
Sinoway Industry company
AMMANN AG

Please note: The report will take approximately 2 business days to prepare and deliver.