The global Metal Spinning Components market was valued at USD 2790 million in 2023 and is projected to reach USD 4005.54 million by 2032, exhibiting a CAGR of 4.10% during the forecast period. North America alone accounted for USD 778.99 million in 2023, growing at a CAGR of 3.51% from 2025 to 2032.
Market Overview
Metal spinning is a metalworking process that forms rotationally symmetrical sheet metal parts through a combination of rotation and pressure. This process creates seamless, high-strength components used across various industries including automotive, aerospace, industrial equipment, and more.
Key Market Players
The market features several prominent players including:
- CITIC Group
- Enkei Wheels
- Yueling Wheels
- Wanfeng Auto Wheels
- Advanti Racing (YHI GROUP)
- MMX WHEELS
- Standex ETG
- Helmut Rbsamen (INDUS Holding)
- Wenzel Metal Spinning
- Samuel Metal Spinning
- CGR International
- Purdie Group
- Gem City Metal Technologies (Dynamic Group)
- Glenn Metalcraft
- KRYTON Engineered Metals
- Dukinfield Metal Spinning
- Columbia Metal Spinning
- METCOM
- Precision Metal Spinning
- Shen Zhou Formed Head
Market Segmentation
By Type
- Aluminum Spinning Components
- Steel Spinning Components
- Stainless Steel Spinning Components
- Copper Spinning Components
- Other
By Application
- Automotive
- General Industrial
- Defense
- Energy
- Aerospace
By Region
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth
- Historical, current, and projected market size in terms of value
- In-depth analysis of the Metal Spinning Components Market
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- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porters five forces analysis
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- Market dynamics scenario, along with growth opportunities of the market in the years to come
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