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Forging Industry Statistics 2026

Current US forging industry statistics. How big is the industry, end markets, process mix, top states, and 2026 outlook.

Updated June 2, 2026~9 min read
Updated June 2, 2026~9 min read

Forging produces the strongest, most fatigue-resistant metal parts used in critical applications: aircraft landing gear, automotive crankshafts and connecting rods, oilfield BOP components, military hardware, and energy turbine components.

How big is the US forging industry?

$12B

US custom forging industry annual revenue.

~200

US custom forging operations, with most privately held mid-size companies.

Source: FIA, 2024

Closed-die (impression-die) forging dominates US volume, producing parts such as crankshafts, gears, axles, hand tools, fasteners, and structural components. Open-die forging handles larger and more specialized parts.

$12B
US custom forging revenue (est.)
FIA, 2024
~200
US custom forging operations
FIA, 2024
28-35K
Direct US forging employment
BLS / FIA, 2024
40%
Automotive share of US forging demand
FIA, 2024
$60K-$85K
Typical forging operator/setup wage range
BLS, 2024

What forging processes dominate the US industry?

Estimated share of US forging output by process, 2024
Closed-die (impression-die)58 %
Open-die14 %
Ring rolling10 %
Cold forging/upsetting13 %
Press forging (specialty)5 %

US forging splits across several process categories, each suited to different part geometries, volumes, and quality requirements.

What end markets drive forging demand?

Estimated share of US forging demand by end market, 2024
End marketShare
Automotive (cars, light trucks)29%
Heavy-duty truck and equipment11%
Aerospace (engine, structural)16%
Energy (turbines, valves, generation)11%
Oil and gas (downhole, BOP, wellhead)9%
Industrial machinery and tooling8%
Military / defense hardware6%
Hand tools and fasteners6%
Other4%

Which states have the most forging?

Top US states by forging operations and employment, 2024
StateForging activity
OhioLargest concentration; automotive, aerospace, oilfield
PennsylvaniaAerospace, oilfield, defense, industrial
MichiganAutomotive forgings, heavy truck
IndianaAutomotive and industrial
IllinoisAutomotive, agricultural equipment
WisconsinHeavy equipment, industrial
New YorkAerospace, defense
TexasOilfield, energy
TennesseeAutomotive (transplants), heavy duty
ConnecticutAerospace (jet engines), defense

The US forging industry has consolidated meaningfully over the past 20 years, with the remaining operations concentrating on higher-value automotive, aerospace, and energy components.

Forging Industry Association, 2024 Industry Outlook

What does this mean for forgers in 2026?

The competitive picture rewards specialists. The handful of US forgers qualified for aerospace engine components or critical defense forgings face limited competition but stringent quality demands. Automotive forgers face commodity pressure on basic crankshaft and connecting rod work but win on lights-out efficiency and supply reliability.

Forgers that publish their material capability, press tonnage range, certifications, prime contractor qualifications, and example part categories win sourcing-team consideration ahead of generalist competitors.

Sources

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    Forging (NAICS 332111) US Bureau of Labor Statistics, 2024