Global Shaft Forgings Market Growth 2024-2030

Global Shaft Forgings Market Growth 2024-2030

Shaft forgings are parts that support rotation and are formed into shaft parts of certain shapes and sizes through forging. Shaft forgings have high strength, high hardness, good mechanical properties and fatigue resistance. During the forging process, the grain structure of the metal material is optimized and internal defects are eliminated, thereby improving the overall performance of the shaft forging.

The global Shaft Forgings market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Shaft Forgings Industry Forecast” looks at past sales and reviews total world Shaft Forgings sales in 2023, providing a comprehensive analysis by region and market sector of projected Shaft Forgings sales for 2024 through 2030. With Shaft Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shaft Forgings industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shaft Forgings 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 Shaft Forgings.

United States market for Shaft Forgings is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Shaft Forgings is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Shaft Forgings is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Shaft Forgings players cover Ganga Forging, Al Forge Tech, Universal Forge, Edkosan, Zhong Hang Shang Da Superalloys Co., Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Shaft Forgings market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hot Forging Shaft Forgings
Warm Forging Shaft Forgings
Cold Forging Shaft Forgings

Segmentation by Application:
Aerospace
Shipping
Petrochemical
Electronic
Mechanical
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 analysing the company's coverage, product portfolio, its market penetration.
Ganga Forging
Al Forge Tech
Universal Forge
Edkosan
Zhong Hang Shang Da Superalloys Co., Ltd.
Baoji First Titanium Industry(Group) Co., Ltd..
Shandong Meiling Group
FRISA
Björneborg Steel
Shanghai Zhiyuan Flange Forging Co., Ltd.
Jiangyin Hengye Forging Co., Ltd.
Wuxi Parke New Materials Technology Co., Ltd.
Shanxi Shuanghuan Heavy Industry Group Co., Ltd.
Sichuan Zhongyu Heavy Industry Co.LTD
Shandong Baoding Heavy Industry Co., Ltd.
Tongyu Heavy Industry Co., Ltd
Shanxi Zhongzhong Heavy Industry Group Co., Ltd.
Shanxi Yongxinsheng Heavy Industry Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Shaft Forgings market?

What factors are driving Shaft Forgings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Shaft Forgings market opportunities vary by end market size?

How does Shaft Forgings break out by Type, by Application?

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