Aircraft Engine Forging Market Scope And Analysis

Report Code: TIPRE00006615
Category: Aerospace and Defense

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Aircraft Engine Forging Market Scope, Growth, Size and Share by 2028

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Report Attribute	Details
Market size in 2021	US$ 2.15 Billion
Market Size by 2028	US$ 3.26 Billion
Global CAGR (2021 - 2028)	6.2%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Forging Type Closed Die Forging and Seamless Rolled Ring Forging By Material Type Nickel Alloys and Titanium Alloys By Application Fan Case Combustion Chamber Outer Case Turbine Disc Rotors
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	All Metals and Forge Group ATI Doncaster Group Ltd Farinia Group Lisi Aerospace Otto Fuchs GmbH Pacific Forge Incorporated Precision Castparts Corp Safran

Players operating in the aircraft engine forging market are mainly focused on the development of advanced and efficient products.

In 2019, Doncasters sold its two businesses with operations in Sheffield, Shrewsbury, and Blaenavon. Blaenavon Forgings is sold to a US private equity firm Arlington Capital Partners and its UK Fabrications business to Radius Aerospace.
In 2018, LISI Aerospace developed “hot dies” forging technology at its Forges de Bologne plant. This new concept helps to maintain the productivity of conventional forging while achieving a metallurgical quality close to that of isothermal forgings i.e., forging installation operating at 1,250/1,300°C, in terms of microstructure homogeneity and external health of the parts.