Aerospace Forging Market Size, Segments, and Trends by 2031
Aerospace Forging Market: Strategic Insights
Aerospace Forging Market
-
CAGR (2023 - 2031)6% -
Market Size 2023
US$ 3.90 Billion -
Market Size 2031
US$ 6.18 Billion
Market Dynamics
GROWTH DRIVERS
- Fabrication of Next Generation Aircraft
- The rising aircraft engine production leading to production of fan cases
- Rising global aircraft & helicopter production
- Demand from MRO of existing aircraft fleet
- Increasing production of military aircraft
FUTURE TRENDS
- Utilization of Used Serviceable Material (USM) is Likely to Boost the Aerospace Forging Market Size
OPPORTUNITIES
- Rising Demand for Lightweight and Sustainable Forged Aircraft Components
Key Players
- Arconic Inc
- All Metals Forge Group
- Bharat Forge Limited
- Consolidated Industries Inc
- Farinia Group
- Fountaintown Forge Inc
- Fountaintown Forge Inc
- Mettis Aerospace
- Pacific Forge Incorporated
- Somers Forge Ltd
Regional Overview
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Market Segmentation
Material Type - Titanium
- Stainless Steel
- Aluminum Alloy
Aircraft Type - Fixed Wing and Rotary Wing
Application - Rotors
- Turbine Disc
- Shafts
- Fan Case
Get Free Sample For