Stainless Steel Forgings Market Size, Share & Trends Analysis Report By Application (Automotive, Aerospace & Defense, Industrial), By Process (Open Die, Close Die, Ring Rolled), By Region, And Segment Forecasts, 2024 - 2030
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Sports Protective Equipment Market Growth & Trends
The global sports protective equipment market size is expected to reach USD 13.58 billion by 2030, registering a CAGR of 5.5% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to growing popularity of sports activities in schools and colleges.
Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports protective gears over the forecast period. Moreover, increasing number of sports leagues and outlets is expected to provide growth opportunities for the market in the coming years. In addition, sports clubs are raising awareness among people by conducting events at various places across the world, which will have a positive impact on the sports protective equipment market growth.
For instance, since 2007, the National Football League (NFL), one of the most popular sporting leagues in U.S., has organized several events in London to increase awareness regarding American football. In 2017, NFL organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.
In 2023, the head and headgear product segment dominated the market and is expected to maintain its lead over the forecast period. The growth is attributed to increasing awareness regarding head injuries. For instance, Phillip Joel Hughes was an Australian Test and One Day International (ODI) cricketer who played domestic cricket for South Australia and Worcestershire, died during the match due to head injury, which has created awareness among the young enthusiastic players. Leg protection gears are expected to register the highest CAGR of 6.6% over the forecast period. The segment growth is attributed to increase in the number of participants in individual sports, such as mixed martial arts, cycling, boxing, and skating.
North America was the largest regional market in 2023. The U.S. was the major revenue contributor in North America. Increasing popularity of football, field hockey, and ice hockey is anticipated to drive the regional market over the forecast period. Asia Pacific is expected to expand at the fastest CAGR over the forecast period. Increasing number of sports equipment outlets in India and China and rising wealth and health awareness in the region is expected to have a positive impact on the market growth.
Sports Protective Equipment Market Report Highlights
Sports Protective Equipment Market Growth & Trends
The global sports protective equipment market size is expected to reach USD 13.58 billion by 2030, registering a CAGR of 5.5% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness significant growth owing to growing popularity of sports activities in schools and colleges.
Increasing popularity of outdoor games such as soccer and American football is expected to increase the demand for sports protective gears over the forecast period. Moreover, increasing number of sports leagues and outlets is expected to provide growth opportunities for the market in the coming years. In addition, sports clubs are raising awareness among people by conducting events at various places across the world, which will have a positive impact on the sports protective equipment market growth.
For instance, since 2007, the National Football League (NFL), one of the most popular sporting leagues in U.S., has organized several events in London to increase awareness regarding American football. In 2017, NFL organized four game events in London and around 84,500 fans came to watch the match between Jacksonville Jaguars and Baltimore Ravens at Wembley Stadium.
In 2023, the head and headgear product segment dominated the market and is expected to maintain its lead over the forecast period. The growth is attributed to increasing awareness regarding head injuries. For instance, Phillip Joel Hughes was an Australian Test and One Day International (ODI) cricketer who played domestic cricket for South Australia and Worcestershire, died during the match due to head injury, which has created awareness among the young enthusiastic players. Leg protection gears are expected to register the highest CAGR of 6.6% over the forecast period. The segment growth is attributed to increase in the number of participants in individual sports, such as mixed martial arts, cycling, boxing, and skating.
North America was the largest regional market in 2023. The U.S. was the major revenue contributor in North America. Increasing popularity of football, field hockey, and ice hockey is anticipated to drive the regional market over the forecast period. Asia Pacific is expected to expand at the fastest CAGR over the forecast period. Increasing number of sports equipment outlets in India and China and rising wealth and health awareness in the region is expected to have a positive impact on the market growth.
Sports Protective Equipment Market Report Highlights
- By product, leg protection gear is projected to expand at the fastest CAGR of 6.6% over the forecast period. The Sports leagues, schools, and recreational clubs are investing in leg protection equipment to safeguard players and adhere to safety regulations.
- The offline distribution channel segment dominated the global market in 2023, as tactile nature of sports protective gear necessitates physical interaction before purchase.
- North America dominated the global market in 2023. This trend is projected to continue over the next few years.
- Growing popularity of field sports at the national and international levels is expected to drive the market over the forecast period
- Various manufacturers are concentrating on new product launches and product innovation in order to expand their consumer base.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. STAINLESS STEEL FORGING MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilotons)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Stainless Steel Forging Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. STAINLESS STEEL FORGING MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Stainless Steel Forging Market: Application Movement Analysis, 2023 & 2030 (USD Million)
4.3. Automotive
4.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.4. Aerospace & Defense
4.4.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.5. Building & Construction
4.5.1. Building & Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.6. Consumer Goods
4.6.1. Consumer Goods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.7. Industrial
4.7.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
CHAPTER 5. STAINLESS STEEL FORGING MARKET: PROCESS ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Stainless Steel Forging Market: Process Movement Analysis, 2023 & 2030 (USD Million)
5.3. Open Die
5.3.1. Open Die Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.4. Closed Die
5.4.1. Closed Die Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.5. Ring Rolled
5.5.1. Ring Rolled Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
CHAPTER 6. STAINLESS STEEL FORGING MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Stainless Steel Forging Market Share, By Region, 2023 & 2030 (USD Million) (Volume in Kilotons)
6.2. North America
6.2.1. North America Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.2.2. U.S.
6.2.2.1. U.S. Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.2.3. Canada
6.2.3.1. Canada Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.2.4. Mexico
6.2.4.1. Mexico Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3. Europe
6.3.1. Europe Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.3. Germany
6.3.3.1. Germany Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.4. France
6.3.4.1. France Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.5. Italy
6.3.5.1. Italy Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.6. Spain
6.3.6.1. Spain Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4. Asia Pacific
6.4.1. Asia Pacific Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.2. Japan
6.4.2.1. Japan Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.3. China
6.4.3.1. China Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.4. India
6.4.4.1. India Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.5. South Korea
6.4.5.1. South Korea Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.5. Latin America
6.5.1. Latin America Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.5.2. Brazil
6.5.2.1. Brazil Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.6.2. GCC
6.6.2.1. GCC Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.6.3. South Africa
6.6.3.1. South Africa Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. American Axle & Manufacturing
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/ Strategic Initiatives
7.4.2. ATI.
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/ Strategic Initiatives
7.4.3. Bharat Forge
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/ Strategic Initiatives
7.4.4. Bruck GmbH
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/ Strategic Initiatives
7.4.5. Cornell Forge Co.
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/ Strategic Initiatives
7.4.6. ELLWOOD Group
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/ Strategic Initiatives
7.4.7. Larsen & Toubro (L& T)
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/ Strategic Initiatives
7.4.8. Precision Castparts Corp.
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/ Strategic Initiatives
7.4.9. Scot Forge
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/ Strategic Initiatives
7.4.10. Trenton Forging
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Recent Developments/ Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. STAINLESS STEEL FORGING MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilotons)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Stainless Steel Forging Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. STAINLESS STEEL FORGING MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Stainless Steel Forging Market: Application Movement Analysis, 2023 & 2030 (USD Million)
4.3. Automotive
4.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.4. Aerospace & Defense
4.4.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.5. Building & Construction
4.5.1. Building & Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.6. Consumer Goods
4.6.1. Consumer Goods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.7. Industrial
4.7.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
CHAPTER 5. STAINLESS STEEL FORGING MARKET: PROCESS ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Stainless Steel Forging Market: Process Movement Analysis, 2023 & 2030 (USD Million)
5.3. Open Die
5.3.1. Open Die Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.4. Closed Die
5.4.1. Closed Die Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.5. Ring Rolled
5.5.1. Ring Rolled Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
CHAPTER 6. STAINLESS STEEL FORGING MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Stainless Steel Forging Market Share, By Region, 2023 & 2030 (USD Million) (Volume in Kilotons)
6.2. North America
6.2.1. North America Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.2.2. U.S.
6.2.2.1. U.S. Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.2.3. Canada
6.2.3.1. Canada Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.2.4. Mexico
6.2.4.1. Mexico Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3. Europe
6.3.1. Europe Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.3. Germany
6.3.3.1. Germany Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.4. France
6.3.4.1. France Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.5. Italy
6.3.5.1. Italy Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.3.6. Spain
6.3.6.1. Spain Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4. Asia Pacific
6.4.1. Asia Pacific Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.2. Japan
6.4.2.1. Japan Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.3. China
6.4.3.1. China Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.4. India
6.4.4.1. India Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.4.5. South Korea
6.4.5.1. South Korea Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.5. Latin America
6.5.1. Latin America Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.5.2. Brazil
6.5.2.1. Brazil Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.6.2. GCC
6.6.2.1. GCC Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
6.6.3. South Africa
6.6.3.1. South Africa Stainless Steel Forging Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. American Axle & Manufacturing
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/ Strategic Initiatives
7.4.2. ATI.
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/ Strategic Initiatives
7.4.3. Bharat Forge
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/ Strategic Initiatives
7.4.4. Bruck GmbH
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/ Strategic Initiatives
7.4.5. Cornell Forge Co.
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/ Strategic Initiatives
7.4.6. ELLWOOD Group
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/ Strategic Initiatives
7.4.7. Larsen & Toubro (L& T)
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/ Strategic Initiatives
7.4.8. Precision Castparts Corp.
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/ Strategic Initiatives
7.4.9. Scot Forge
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/ Strategic Initiatives
7.4.10. Trenton Forging
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Recent Developments/ Strategic Initiatives
