Global Aluminum Forgings for Automotive Suspension Market Growth 2025-2031
The global Aluminum Forgings for Automotive Suspension market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there were 81.6 million vehicles in the world. At present, more than 90% of the world’s automobiles are concentrated in the three continents of Asia, Europe, and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world’s largest car exporter, exporting more than 3.5 million vehicles in 2022.
ReportPrime, Inc. (LPI) 's newest research report, the “Aluminum Forgings for Automotive Suspension Industry Forecast” looks at past sales and reviews total world Aluminum Forgings for Automotive Suspension sales in 2024, providing a comprehensive analysis by region and market sector of projected Aluminum Forgings for Automotive Suspension sales for 2025 through 2031. With Aluminum Forgings for Automotive Suspension sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminum Forgings for Automotive Suspension industry.
This Insight Report provides a comprehensive analysis of the global Aluminum Forgings for Automotive Suspension 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 Aluminum Forgings for Automotive Suspension portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aluminum Forgings for Automotive Suspension market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminum Forgings for Automotive Suspension 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 Aluminum Forgings for Automotive Suspension.
This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Forgings for Automotive Suspension market by product type, application, key manufacturers, and key regions and countries.
Segmentation by Type:
- Aluminum
- Aluminum Alloy
Segmentation by Application:
- Passenger Car
- Commercial Vehicle
Market by Region:
- Americas
- APAC
- Europe
- Middle East & Africa
Company’s Coverage:
- Kobe Steel
- SJI Group
- UACJ Corporation
- ALFOT Technologies
- Applus
- Trenton Forging
- TA CHEN STEEL
- Norsk Hydro
- Al Forge Tech
- General Aluminum Mfg.
- Huaguang Forged Parts
- Alka Forgings
- American Axle & Manufacturing
Key Questions Addressed in this Report:
- What is the 10-year outlook for the global Aluminum Forgings for Automotive Suspension market?
- What factors are driving Aluminum Forgings for Automotive Suspension market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Aluminum Forgings for Automotive Suspension market opportunities vary by end market size?
- How does Aluminum Forgings for Automotive Suspension break out by Type, by Application?
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market