Gitnux/Report 2026

Blacksmith Industry Statistics

The global metal forging market was valued at $39.4 billion in 2025, explore the figures behind growth, company capabilities, and regional demand.
131Statistics
62Sources
9Sections
1Visuals
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Samuel NorbergWritten by Samuel Norberg·Fact-checked by Maya Johansson
Published
How this report is researched
01Editorial Scope

Before any source is gathered, an editor locks the question, what qualifies, and how the piece will be judged.

02Source Research

Search agents collect the source set and pull each data point out with its provenance attached.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The blacksmith industry at a glance

Blacksmithing remains a small, fragmented craft within the broader forging economy: global metal forging was valued at $39.4 billion in 2025, while standalone blacksmith-industry revenue is not separately reported.

$39.4B[46]
Global forging market, 2025
7.8%[46]
Forging CAGR, 2026–2033
53.6%[46]
Asia-Pacific share, 2025
$51,680[23]
Forging operator mean wage, 2025
Market size
No authoritative source reports a standalone blacksmith-market value. As the closest measurable proxy, the global metal forging market was valued at $39.4 billion in 2025, covering industrial forged components rather than only traditional or artistic blacksmithing.[46]
Forecast & CAGR
The broader global metal forging market is projected to reach $72.8 billion by 2033 from an estimated $43.0 billion in 2026, representing a 7.8% CAGR from 2026 to 2033. This forecast should not be interpreted as a forecast for traditional blacksmith workshops alone.[46]
Market share & regions
Asia-Pacific accounted for 53.6% of global metal-forging revenue in 2025, making it the largest regional market; China held the largest country share. Comparable regional shares for standalone blacksmithing are not separately published.[46]
Segmentation
The broader forging market is segmented by raw material, application and region. Carbon steel represented more than 37.0% of revenue in 2025, while major applications include automotive, aerospace, oil and gas, construction, energy and heavy equipment.[46]
Pricing
A current standardized price index for blacksmith services was not found. WageIndicator reported a 2026 U.S. monthly salary range of $2,497 to $6,715 for blacksmiths, hammersmiths and forging-press workers, but employee wages are not equivalent to customer pricing.[47]
Trends, drivers & challenges
Industrial forging demand is being supported by automotive, aerospace, energy, construction and heavy-equipment applications, as well as demand for lightweight, high-strength components. The craft segment faces limited official measurement and competition from automated manufacturing, while online interest in tactile hobbies such as blacksmithing has recently increased among younger consumers.[46][48]
Consumer behavior & competition
Traditional blacksmith businesses typically compete through custom architectural metalwork, knives, tools, repair, demonstrations and classes rather than standardized mass-market products. Recent reporting indicates that blacksmithing has gained traction online among Gen Z and millennials, but no reliable national spending or market-share estimate was found.[48]
Regulation
U.S. commercial forge operations are subject to OSHA’s forging-machine standard, 29 CFR 1910.218, which covers safeguards, inspection, maintenance and safe operation. OSHA’s definitions explicitly include open-frame or blacksmith hammers used to shape forgings.[49]
Latest news
The most recent relevant coverage found reports continued growth in interest in blacksmithing and other offline crafts among Gen Z and millennials. No reliable 2026 standalone revenue, employment or transaction dataset for the blacksmith industry was identified.[48]

02 Ranking

Top 9 Companies in the Blacksmith Industry

The leading companies in the blacksmith industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

voestalpine leads the blacksmith industry with complex forged aerospace parts supply to aerospace customers, while Howmet Aerospace stands out as a forged wheel producer with $1.039 billion in 2025 Forged Wheels revenue.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in aerospace forgings

    voestalpine

    AT

    Ranked #1 · 9.6 · Aerospace forgings

    Why we picked it: Its focus on high-performance materials and complex forged aerospace parts maps to critical forged-component demand.

    See in ranking ↓Visit voestalpine.com ↗

  2. Leader in forged wheels

    Howmet Aerospace

    US

    Ranked #2 · 9.1 · Forged wheels

    Why we picked it: Its reported 2025 forged wheels revenue provides a concrete scale anchor within aerospace forgings and forged wheels.

    See in ranking ↓Visit howmet.com ↗

  3. Leader in automotive & industrial forgings

    Bharat Forge

    IN

    Ranked #3 · 8.7 · Automotive & industrial forgings

    Why we picked it: Its shipped tonnage underlines operational throughput in automotive and industrial forging markets.

    See in ranking ↓Visit bharatforge.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 9 companies in the blacksmith industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

voestalpine

Aerospace forgings · AT

9.6
2

Howmet Aerospace

Forged wheels · US

9.1
3

Bharat Forge

Automotive & industrial forgings · IN

8.7
4

Aubert & Duval

Specialty-alloy die forgings · FR

8.6
5

Ellwood Group

Closed-die forging for specialty · US

8.4
6

Sheffield Forgemasters

Large steel forgings and castings, United Kingdom · GB

8.4
7

UNIOR

Automotive and industrial forgings, Europe · SI

8.3
8

SIFCO Industries

Aerospace, defense and energy forgings, United States · US

8.1
9

Patriot Forge

Custom open-die forgings and rolled rings, Canada · CA

7.9

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 11). Top 9 companies in the blacksmith industry. In Blacksmith Industry Statistics. Gitnux. https://gitnux.org/blacksmith-industry-statistics/#top-companies

report visual · Comparison

Revenue of the largest blacksmith companies

voestalpine leads with $16.3B in annual revenue (group level, converted to USD).

voestalpine$16.3B
Bharat Forge$1.8B
Aubert & Duval$1.0B
UNIOR$188M
SIFCO Industries$85M
source-verifiedreports.voestalpine.com · bharatforge.com · aubertduval.com · unior.com · sifco.com2026

04 Statistics

Technology & Innovation

Adoption of AI, automation, and data strategies is widespread in manufacturing surveys, with 54% of EU enterprises using paid cloud in 2025. For blacksmith-adjacent shops, the key gating issue is whether data gets collected and normalized.

Digital Transformation in the industrial manufacturing sector (sector benchmark)

  • 34% of industrial-manufacturing organizations across 26 countries had achieved return on investment from multiple AI use cases in 2024.[1]
  • 76% of industrial-manufacturing firms across 26 countries reported that their workforce had an appetite to embrace cutting-edge technology in 2024.[1]
  • 32% of U.S. industrial-products respondents said their operations-technology investments had delivered expected results in 2024.[2]
  • 24% of companies across the European Industrial Ecosystem had a concrete digital-transformation strategy in 2024.[3]

Technology Adoption in the industrial manufacturing sector (sector benchmark)

  • 31% of industrial-manufacturing organizations were proactive in advancing modern-delivery technologies, including low-code and no-code, in 2024.[4]
  • 37% of industrial-manufacturing organizations were proactive in advancing AI and automation strategies in 2024.[4]
  • 35% of industrial-manufacturing organizations were proactive in advancing data-and-analytics strategies in 2024.[4]
  • 30% of industrial-manufacturing organizations were proactive in advancing edge-computing strategies in 2024.[4]

Cloud Computing in the industrial manufacturing sector (sector benchmark)

  • 54% of EU manufacturing enterprises used paid cloud-computing services in 2025, up from approximately 45% in 2023.[5]
  • 87% of Australian manufacturing enterprises used cloud computing in 2022.[6]
  • 39% of industrial-manufacturing organizations were proactive in advancing XaaS technologies, including public and multicloud, in 2024.[4]
  • 87% of Finnish manufacturing enterprises used cloud computing in 2023.[6]

Big Data in the industrial manufacturing sector (sector benchmark)

  • 28% of manufacturing survey respondents were implementing big-data processing in 2024.[7]
  • 60% of manufacturers surveyed could collect and normalize data from assets or equipment in 2024, across 461 decision makers in the United States, Germany and Malaysia.[8]
  • 16.2% of businesses in the European Industrial Ecosystem used big-data technologies in 2024.[3]
  • 33% of manufacturers surveyed were performing prescriptive analytics in 2024, according to ABI Research’s survey of 461 manufacturing decision makers.[8]
  • 70% of manufacturers still collected data manually in 2024, according to a Manufacturing Leadership Council survey reported by the National Association of Manufacturers.[9]
  • 44% of manufacturing leaders reported that the amount of data their organizations collected had at least doubled over the previous two years in 2024.[10]

IoT in the industrial manufacturing sector (sector benchmark)

  • 11.1% of businesses in the European Industrial Ecosystem used Internet of Things technologies in 2023.[3]
  • 81% of manufacturing leaders surveyed identified data and analytics for process improvement as an important technology use case, while IoT for predictive maintenance ranked among the leading use cases in 2024.[11]
  • 35% of manufacturing companies in a Productivity Institute sample had adopted Internet of Things technology, with geography not specified by the source.[12]
  • 27.6% of businesses in the European Industrial Ecosystem used Internet of Things technologies in 2024.[3]

05 Statistics

Data & Analytics

Data duplication, siloing, and distrust remain persistent: 54% of manufacturers reported duplicate data in several systems in 2025 and 41% distrusted supply-chain data in 2025. These gaps raise friction for any automation that relies on a consistent data model.

Data Quality in the industrial manufacturing sector (sector benchmark)

  • 54% of manufacturers surveyed had duplicate data in several systems in 2025.[13]
  • 41% of manufacturers surveyed distrusted the data used for supply-chain operations in 2025.[13]
  • 51% of manufacturers surveyed said their data was siloed across disparate tools and systems in 2025.[13]
  • 61% of manufacturing leaders agreed that poor data quality limited adoption and optimization of emerging technologies in 2025.[14]
  • 44% of manufacturers surveyed reported that AI projects had failed because of poor data quality in 2025.[13]
  • 30% of manufacturers identified poor data quality as a technical barrier to improving processes in 2025.[14]

Data Governance in the industrial manufacturing sector (sector benchmark)

  • 61% of manufacturers surveyed had a corporate-wide governance plan, strategy or formal data-management guidelines in 2024.[15]
  • 22% of manufacturers surveyed included data collection, management or analysis in executive incentives, KPIs or business imperatives in 2024.[15]
  • 15% of manufacturers surveyed said their data strategy was entirely aligned with their overall business strategy in 2024.[15]
  • 58% of manufacturers surveyed assigned primary data-governance responsibility to a C-suite or senior leader in 2024.[15]

KPIs in the blacksmith industry

  • $2,264.514 million was annual payroll in U.S. ornamental and architectural metal work manufacturing in 2021.[16]
  • $2,635.170 million was annual payroll in U.S. ornamental and architectural metal work manufacturing in 2023.[16]
  • $2,456.217 million was annual payroll in U.S. ornamental and architectural metal work manufacturing in 2022.[16]
  • $2,107.942 million was annual payroll in U.S. ornamental and architectural metal work manufacturing in 2020.[16]
  • $2,980.059 million was annual payroll in U.S. ornamental and architectural metal work manufacturing in 2024.[16]

06 Statistics

Strategy & Growth

Forge capacity and output concentrate in defined countries and sites. For example, France had 436,000 metric tons of forgings produced in 2025 across 73 forging production sites.

Growth in the blacksmith industry

  • 73 forging production sites operated in France in 2025.[17]
  • €1.84 billion in turnover was generated by France’s forging industry in 2025.[17]
  • 7,402 people were employed by France’s forging industry in 2025.[17]
  • 436,000 metric tons of forgings were produced in France in 2025.[17]

Differentiation in the blacksmith industry

  • 4 in-house services—heat treatment, nondestructive testing, forging and machining—supported Larson Forgings’ offering in 2025.[18]
  • 130 years of forging heritage was cited for Larson Forgings when Pursuit Aerospace completed its acquisition in 2025.[18]
  • 2 specialized capabilities—seamless rolled rings and open-die forgings—were highlighted for Larson Forgings after its acquisition by Pursuit Aerospace.[18]

Mergers and acquisitions in the blacksmith industry

  • €13.8 million was the net equity value payable at closing for the C Blade forging acquisition, subject to adjustment.[19]
  • 100% of C Blade S.p.A. Forging & Manufacturing’s share capital was acquired by TB2 S.r.l. in 2024.[19]
  • 2 Pittsburgh-area manufacturers, including Standard Forged Products, were acquired by Stellex Capital Management from Arcosa in 2024.[20]
  • €20 million was the enterprise value agreed for TB2’s acquisition of 100% of C Blade S.p.A. Forging & Manufacturing in 2024.[19]

Strategic partnerships in the blacksmith industry

  • 1 research partnership with Oak Ridge National Laboratory created major aluminum-forging process efficiencies for Queen City Forging.[21]
  • 1 METAL pilot hub launched in Pennsylvania in 2024 to support the U.S. casting and forging workforce.[22]
  • 3 partner groups—industry, academia and government—were united by LIFT’s advanced-manufacturing and talent-development partnership for forging.[22]
  • 2050 was the target horizon for the national METAL training network backed by the U.S. Department of Defense’s modernization office.[22]

07 Statistics

People & Workforce

Remote Work in the industrial manufacturing sector (sector benchmark)

  • Across U.S. manufacturing, teleworked hours represented 12.2% of total hours worked in 2025.[23]
  • Across U.S. manufacturing, 36.9% of workers could work at home and 33.3% actually did so during 2024–2025.[23]
  • Across U.S. manufacturing, 35.2% of surveyed workers reported remote work in the Chicago Fed Survey of Economic Conditions from July 2021 through March 2024.[24]
  • Across U.S. manufacturing, 19% of workers worked remotely, including hybrid and fully remote arrangements, during October 2023–September 2024.[25]

Hybrid Work in the industrial manufacturing sector (sector benchmark)

  • Across manufacturing companies, 79% operated a hybrid model for non-production employees in 2025.[26]
  • Across manufacturing companies, the average required office attendance reached 2.82 days per week in the second quarter of 2025.[26]
  • Across manufacturing employers, 67% identified productivity as a key factor driving pressure to return to the office in 2025.[27]
  • Across manufacturing companies, 17% were fully back in the office for non-production employees in 2025.[26]
  • Across manufacturing employers, 80% said their organizations were still struggling to balance hybrid working in 2025.[27]

Employee Engagement in the industrial manufacturing sector (sector benchmark)

  • Across manufacturing, distribution and storage organizations, the average employee-engagement score was 72.9% in 2026.[28]
  • Across manufacturing companies, 41% identified employee recognition as a high priority in 2024.[29]
  • Across manufacturing companies, 70% of respondents said most non-frontline employees were engaged in their jobs in 2023.[2]
  • Across manufacturing, distribution and storage organizations, 84.2% of employees said they cared about their organization’s future in 2026.[28]
  • Across manufacturing companies, 25% of respondents did not know whether their frontline workforce was engaged in 2023.[2]

Change Management in the industrial manufacturing sector (sector benchmark)

  • Across organizations worldwide, 9% reported having no change-management approach in 2024.[30]
  • Across organizations worldwide, 39% used change management sporadically in 2024.[30]
  • Across organizations using change-management tactics, 91% reported using those tactics in 2024, while only 7% allocated the recommended 20% of initiative budgets to change management.[30]
  • Across organizations surveyed globally, 23% reported that their projects failed to meet adoption expectations in 2024.[30]
  • Across organizations worldwide, 24% used a project-based change-management approach in 2024.[30]

08 Statistics

Marketing & Brand

B2B marketing is leaning toward creator collaboration and influencer use, with 76% of marketing leaders citing creator collaboration for brand authenticity in 2025. This intersects with blacksmith demand that is increasingly discovered online.

Influencer Marketing in the industrial manufacturing sector (sector benchmark)

  • Across B2B companies, 29% of marketers planned to adopt influencer marketing within the following year in 2025; global survey scope.[31]
  • Across B2B companies, 76% of marketing leaders said creator collaboration helps build brand authenticity in 2025; global survey scope.[31]
  • Across B2B companies, 55% of marketers used influencers in 2025, providing a benchmark applicable to industrial manufacturing marketers.[31]
  • Across B2B companies, 43% of marketers planned to increase influencer investment in the following year in 2025; global survey scope.[31]
  • Among manufacturing marketers using paid channels, 19% used influencer marketing in the 12 months covered by the 2025 outlook survey; global manufacturing, survey conducted June–August 2024.[32]

09 Statistics

Operations & Execution

Execution shifts can show up in throughput without adding staff. Wicks Forge moved from 100 to 500 sets of hand-forged fireplace tongs sold from its pre-redesign year to 2023 after process refinement.

Process optimization in the blacksmith industry

  • 100 sets of hand-forged fireplace tongs were sold by Wicks Forge in the year before its process redesign, compared with 500 sets in 2023 after process refinement.[33]
  • 500 sets of hand-forged fireplace tongs were produced and sold by Wicks Forge in 2023 after the shop refined its tools and fabrication steps, without adding staff.[33]

Outsourcing / Offshoring in the industrial manufacturing sector (sector benchmark)

  • Across global manufacturing, executives expected offshore facilities to decline to 28% within three years of 2025, while onshore facilities rise to 48%.[34]
  • Across global manufacturing, 73% of executives in 2025 believed friendshoring would represent a significant share of future sourcing and production.[34]
  • Across EU enterprises engaged in international sourcing during 2021–2023, 37% operated in manufacturing, the largest sector share among sourcing enterprises.[5]
  • Across global manufacturing, 37% of facilities were offshore in 2024, compared with 41% onshore and 22% nearshore.[34]
  • Across global manufacturing, 56% of executives in 2025 said their organization had invested in nearshoring or a combination of reshoring and nearshoring.[34]

10 Statistics

Product & Service

Comparable output metrics exist for adjacent metalwork segments: the U.S. ornamental and architectural metal work manufacturing sector output was $8,673.349 million in 2021 and $7,729.659 million in 2020.

Value proposition in the blacksmith industry

  • $8,041.327 million was the U.S. ornamental and architectural metal work manufacturing sector’s output in 2019.[35]
  • $8,673.349 million was the U.S. ornamental and architectural metal work manufacturing sector’s output in 2021.[35]
  • $7,729.659 million was the U.S. ornamental and architectural metal work manufacturing sector’s output in 2020.[35]
  • $7,875.197 million was the U.S. ornamental and architectural metal work manufacturing sector’s output in 2018.[35]

12 Statistics

Globalization & Expansion

Capacity is geographically concentrated and measurable at the plant level, with 2,690 forging plants counted worldwide in the 2025 ForgeNet survey. China produced 13.700 million metric tons of forgings in 2025, the largest country total in that survey.

Globalization in the blacksmith industry

  • 2,690 forging plants were counted worldwide in the 2025 ForgeNet survey.[42]
  • 5.100 million metric tons of forgings were produced in the United States, Canada and Mexico in 2025, according to the ForgeNet survey.[42]
  • 13.700 million metric tons of forgings were produced in China in 2025, the largest country total in the ForgeNet survey.[42]
  • 511,618 employees were reported by forging plants worldwide in the 2025 ForgeNet survey.[42]
  • 28.887 million metric tons of forgings were produced worldwide in the 2025 ForgeNet survey, covering Europe, Japan, North America, China, India, Brazil, Korea and Taiwan.[42]

Cultural adaptation in the blacksmith industry

  • 1,500–3,000 UK blacksmiths were estimated to use traditional skills in at least part of their work.[43]
  • 201–500 UK blacksmithing trainees were estimated to be in full-time education or apprenticeships.[43]
  • 13 heritage blacksmithing apprentices were expected to be hired by surveyed UK heritage companies in the following 12 months.[44]

Supplier management in the blacksmith industry

  • 230 members made up the Forging Industry Association in 2024, including producer and supplier companies serving North American forging businesses.[36]
  • 75% of custom-forgings volume in the United States, Canada and Mexico was manufactured by FIA producer members, according to the association.[36]

Stakeholder management in the blacksmith industry

  • 20 metric tons of forgings were contained in a typical large wind turbine, according to Forging Industry Association testimony.[36]
  • 550 forgings were used in a typical heavy tank, according to Forging Industry Association testimony.[36]
  • 35,000-plus manufacturing jobs across 38 U.S. states were supported by the forging industry, according to the Forging Industry Association.[36]
  • $15 billion-plus in annual sales was generated by the U.S. forging industry, according to the Forging Industry Association.[36]

Distribution channels in the blacksmith industry

  • Forgital served aerospace, defence, space, power-generation and oil-and-gas markets through vertically integrated forged-component operations in 2024.[45]
  • 3 countries—Italy, France and the United States—contained Forgital manufacturing facilities in 2024.[45]
  • 1,100-plus employees worked for Forgital across facilities in Italy, France and the United States in 2024.[45]

Key questions about the blacksmith industry

What is the market size for blacksmithing in 2026?
No authoritative source reports standalone blacksmith-industry revenue. As the closest measurable proxy, the global metal forging market was valued at $39.4 billion in 2025.
How fast is the forging market expected to grow through 2033?
The broader global metal forging market is projected to reach $72.8 billion by 2033 from an estimated $43.0 billion in 2026, implying a 7.8% CAGR from 2026 to 2033.
Which companies lead the blacksmith industry?
voestalpine leads the blacksmith industry with complex forged aerospace parts supply to aerospace customers, while Howmet Aerospace stands out as a forged wheel producer with $1.039 billion in 2025 Forged Wheels revenue.
What technology changes are most likely to affect blacksmith operations?
Manufacturing adoption is constrained by data quality: 44% of manufacturers reported AI projects failed due to poor data quality in 2025, and 61% said poor data quality limited adoption and optimization in 2025.
Is the industry fragmented or concentrated?
Blacksmithing remains small and fragmented within the broader forging economy, while forging capacity is measured across 2,690 forging plants worldwide in the 2025 ForgeNet survey.
What compliance constraint applies to forge shops in the U.S.?
U.S. commercial forge operations are subject to OSHA’s forging-machine standard, 29 CFR 1910.218, which explicitly includes open-frame or blacksmith hammers.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Samuel Norberg. (2026, November 11). Blacksmith Industry Statistics. Gitnux. https://gitnux.org/blacksmith-industry-statistics
MLA
Samuel Norberg. "Blacksmith Industry Statistics." Gitnux, 11 Nov 2026, https://gitnux.org/blacksmith-industry-statistics.
Chicago
Samuel Norberg. 2026. "Blacksmith Industry Statistics." Gitnux. https://gitnux.org/blacksmith-industry-statistics.

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