Product Code: ETC5376603 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The New Zealand Metal Forging Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at -0.00% in 2025, climbs to a high of -0.00% in 2026, and moderates to -0.00% by 2029.
In the Asia region, the Metal Forging market in New Zealand is projected to expand at a negative growth rate of -0.00% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Forging involves shaping metal by applying compressive force, resulting in strong and durable components. In New Zealand, the metal forging market serves industries such as automotive, aerospace, and oil and gas, providing high-quality forged products for diverse applications.
The metal forging market in New Zealand is driven by the country`s manufacturing, automotive, and aerospace industries` demand for high-strength and precision-forged components. Metal forging involves shaping metal blanks into finished parts through controlled deformation and compression processes. In New Zealand, the adoption of advanced forging techniques, such as hot forging, cold forging, and near-net shape forging, is driving market growth by improving production efficiency and reducing material waste. Moreover, the integration of computer-aided design (CAD), computer-aided manufacturing (CAM), and simulation technologies is driving market growth by optimizing forging processes and enhancing product quality.
In the metal forging sector, challenges revolve around optimizing production processes to meet the demands of diverse industries. Ensuring consistency in forging quality and addressing supply chain vulnerabilities are critical areas of focus.
Support for the manufacturing sector and policies promoting advanced manufacturing technologies drive the metal forging market. Trade agreements and import policies also play a role.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Metal Forging Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Metal Forging Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Metal Forging Market - Industry Life Cycle |
3.4 New Zealand Metal Forging Market - Porter's Five Forces |
3.5 New Zealand Metal Forging Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 New Zealand Metal Forging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 New Zealand Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 New Zealand Metal Forging Market Trends |
6 New Zealand Metal Forging Market Segmentations |
6.1 New Zealand Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Metal Forging Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.3 New Zealand Metal Forging Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.4 New Zealand Metal Forging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 New Zealand Metal Forging Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.6 New Zealand Metal Forging Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.7 New Zealand Metal Forging Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 New Zealand Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Metal Forging Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 New Zealand Metal Forging Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 New Zealand Metal Forging Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 New Zealand Metal Forging Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 New Zealand Metal Forging Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 New Zealand Metal Forging Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Metal Forging Market Import-Export Trade Statistics |
7.1 New Zealand Metal Forging Market Export to Major Countries |
7.2 New Zealand Metal Forging Market Imports from Major Countries |
8 New Zealand Metal Forging Market Key Performance Indicators |
9 New Zealand Metal Forging Market - Opportunity Assessment |
9.1 New Zealand Metal Forging Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 New Zealand Metal Forging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 New Zealand Metal Forging Market - Competitive Landscape |
10.1 New Zealand Metal Forging Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |