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1591619

航太鍛造市場-全球產業規模、佔有率、趨勢、機會和預測，按材料類型、飛機類型、產品類型、地區和競爭細分，2019-2029F

Aerospace Forging Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material Type, By Aircraft Type, By Product Type, By Region & Competition, 2019-2029F
出版日期: | 出版商: TechSci Research | 英文 180 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2023 年全球航太航太市場估值為 336.1 億美元，預計在預測期內將強勁成長，到 2029 年複合年成長率為 7.02%。了顯著成長最近幾年。全球航太鍛造市場在航太工業中發揮著至關重要的作用，為飛機製造提供必要的零件。航太鍛造涉及利用壓縮力使金屬成型的過程，為飛機結構和引擎製造堅固耐用的零件。這種製造技術確保了起落架、翼樑和引擎軸等關鍵部件的完整性和可靠性，這些部件在飛行過程中要承受極端的工作條件。

市場概況
預測期 2025-2029
2023 年市場規模 336.1億美元
2029 年市場規模 503億美元
2024-2029 年複合年成長率 7.02%
成長最快的細分市場 旋翼
最大的市場 北美洲

與替代製造方法相比，航太鍛造具有多種優勢，包括增強的機械性能、提高的抗疲勞性和卓越的結構完整性。這些優點使得鍛造零件非常適合安全性和性能至關重要的航太應用。此外，航太航太鍛造能夠以最少的材料浪費生產複雜且輕質的零件，有助於提高航空業的整體燃油效率和環境永續性。

隨著材料科學、製造技術和設計創新的進步，航太鍛造市場不斷發展。隨著飛機製造商努力開發更有效率、更環保的飛機，對高性能鍛造零件的需求預計將會上升。此外，全球航空旅行需求的成長以及商用和軍用機隊的擴張將推動市場的成長。總體而言，航太鍛造仍然是航太工業的關鍵製造程序，支援未來開發更安全、更有效率、技術先進的飛機。

市場促進因素

輕質結構和燃油效率

提高飛機生產力

嚴格的安全和性能標準

鍛造技術的進步

全球商用航空業的成長

主要市場挑戰

材料成本波動和可用性

技術過時和採用障礙

嚴格的監理合規性

全球供應鏈的複雜性

激烈的競爭壓力

主要市場趨勢

採用先進材料

增加積層製造的整合度

強調永續和環境友善的做法

數位化與工業4.0融合

全球合作和戰略夥伴關係

細分市場洞察

機型分析

區域洞察

目錄

第 1 章：簡介

第 2 章：研究方法

第 3 章：執行摘要

第 4 章：COVID-19 對全球航太鍛造市場的影響

第 5 章：全球航太鍛造市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依材質種類（鈦、不銹鋼、鋁合金、其他）
    • 依飛機類型（固定翼、旋轉翼）
    • 依產品類型（閉式模具、開式模具、軋製環）
    • 按地區分類
    • 按公司分類（前 5 名公司，其他 - 按價值，2023 年）
  • 全球航太鍛造市場測繪與機會評估
    • 按飛機類型
    • 依材料類型
    • 依產品類型
    • 按地區分類

第 6 章：亞太航太鍛造市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按飛機類型
    • 依材料類型
    • 依產品類型
    • 按國家/地區
  • 亞太地區：國家分析
    • 中國
    • 印度
    • 日本
    • 印尼
    • 泰國
    • 韓國
    • 澳洲

第 7 章：歐洲和獨立國協航太鍛造市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按飛機類型
    • 依材料類型
    • 依產品類型
    • 按國家/地區
  • 歐洲與獨立國協：國家分析
    • 德國
    • 西班牙
    • 法國
    • 俄羅斯
    • 義大利
    • 英國
    • 比利時

第 8 章：北美航太鍛造市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按飛機類型
    • 依材料類型
    • 依產品類型
    • 按國家/地區
  • 北美：國家分析
    • 美國
    • 墨西哥
    • 加拿大

第 9 章：南美洲航太鍛造市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按飛機類型
    • 依材料類型
    • 依產品類型
    • 按國家/地區
  • 南美洲：國家分析
    • 巴西
    • 哥倫比亞
    • 阿根廷

第 10 章：中東和非洲航太鍛造市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按飛機類型
    • 依材料類型
    • 依產品類型
    • 按國家/地區
  • 中東和非洲：國家分析
    • 南非
    • 土耳其
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國

第 11 章：SWOT 分析

  • 力量
  • 弱點
  • 機會
  • 威脅

第 12 章：市場動態

  • 市場促進因素
  • 市場挑戰

第 13 章：市場趨勢與發展

第14章：競爭格局

  • 公司簡介（最多10家主要公司）
    • Arconic Corporation.
    • Precision Castparts Corp.
    • Bharat Forge Ltd.
    • ATI Inc.
    • Norsk Titanium AS
    • Fountaintown Forge, Inc.
    • Farinia SA
    • Otto Fuchs KG
    • Meggitt PLC
    • Safran SA

第 15 章：策略建議

  • 重點關注領域
    • 目標地區
    • 按飛機類型分類的目標
    • 按材料類型分類的目標

第16章調查會社について,免責事項

簡介目錄
Product Code: 22407

Global Aerospace Forging Market was valued at USD 33.61 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.02% through 2029. The global aerospace forging market is a highly dynamic and rapidly evolving sector that has experienced significant growth in recent years. The global aerospace forging market plays a crucial role in the aerospace industry, providing essential components for aircraft manufacturing. Aerospace forging involves the process of shaping metal using compressive forces to create strong and durable parts for aircraft structures and engines. This manufacturing technique ensures the integrity and reliability of critical components such as landing gear, wing spars, and engine shafts, which are subjected to extreme operating conditions during flight.

Market Overview
Forecast Period2025-2029
Market Size 2023USD 33.61 Billion
Market Size 2029USD 50.30 Billion
CAGR 2024-20297.02%
Fastest Growing SegmentRotary Wing
Largest MarketNorth America

Aerospace forging offers several advantages over alternative manufacturing methods, including enhanced mechanical properties, improved fatigue resistance, and superior structural integrity. These benefits make forged components highly desirable for aerospace applications where safety and performance are paramount. Additionally, aerospace forging enables the production of complex and lightweight parts with minimal material waste, contributing to overall fuel efficiency and environmental sustainability in aviation.

The aerospace forging market continues to evolve with advancements in materials science, manufacturing technology, and design innovation. As aircraft manufacturers strive to develop more efficient and eco-friendly aircraft, the demand for high-performance forged components is expected to rise. Furthermore, the growing global air travel demand and the expansion of commercial and military aviation fleets will drive the market's growth. Overall, aerospace forging remains a critical manufacturing process in the aerospace industry, supporting the development of safer, more efficient, and technologically advanced aircraft for the future.

Market Drivers

Lightweight Construction and Fuel Efficiency

A primary driver propelling the Global Aerospace Forging Market is the aviation industry's relentless pursuit of lightweight construction for enhanced fuel efficiency. With fuel costs representing a significant portion of operational expenses for airlines, aircraft manufacturers and component suppliers are focused on developing lightweight materials and components. Forging, a process that imparts high strength to materials, plays a pivotal role in achieving this objective. Lightweight forged components, such as those made from titanium and advanced alloys, contribute to reducing the overall weight of aircraft, resulting in improved fuel efficiency, extended range, and lower operational costs. As airlines seek to optimize their fleets for economic and environmental reasons, the demand for lightweight forged components remains a key driver in the aerospace forging sector.

The quest for lightweight construction is particularly pertinent in the aerospace industry, where every kilogram saved translates into significant fuel savings over the lifespan of an aircraft. Forging enables the production of complex, high-strength components with reduced weight, making it an essential technology in the ongoing drive towards more fuel-efficient and environmentally sustainable aviation.

Increasing Aircraft Production Rates

A significant driver for the Global Aerospace Forging Market is the increasing production rates of commercial and military aircraft. The aviation industry is witnessing strong growth, propelled by factors such as rising demand for air travel, expansions in airline fleets, and geopolitical factors driving military aircraft procurement. Leading aerospace manufacturers like Boeing and Airbus are scaling up their production capacities to meet this heightened demand, leading to an increased requirement for forged components such as turbine disks, landing gear, and structural elements.

For example, Airbus recently announced plans to accelerate its aircraft production during its fiscal year 2023 results call. The company aims to deliver approximately 800 commercial aircraft to customers in 2024, marking a significant increase of 65 units compared to 2023. This surge in aircraft production underscores the growing demand for aerospace forgings, driving market growth in response to expanding global aviation needs.

Forged parts are integral to the structural integrity and performance of aircraft, particularly in critical areas like the engine and landing gear. The upsurge in aircraft production not only directly increases the demand for forged components but also challenges suppliers to enhance their manufacturing capabilities and efficiency to keep pace with the accelerated production schedules. This dynamic is a key driver in the aerospace forging market, influencing investments in advanced forging technologies and production capacities.

Stringent Safety and Performance Standards

Stringent safety and performance standards mandated by aviation regulatory bodies worldwide constitute another vital driver for the Global Aerospace Forging Market. The aerospace industry operates in an environment where safety is paramount, and components must adhere to rigorous standards to ensure the reliability and integrity of aircraft. Forged parts, known for their high strength, durability, and resistance to fatigue, are crucial in meeting these demanding regulatory requirements.

Forged components are employed in critical areas such as the engine, landing gear, and structural elements, where safety and reliability are non-negotiable. As aviation authorities continuously raise the bar for safety and performance, manufacturers turn to advanced forging processes to produce components that not only meet but exceed these standards. The necessity to comply with regulatory requirements serves as a driving force in fostering innovation in materials, processes, and quality control within the aerospace forging sector.

Advancements in Forging Technologies

The continual advancement of forging technologies stands out as a significant driver in the Global Aerospace Forging Market. Innovations in materials, process optimization, and digital manufacturing are enhancing the efficiency, precision, and scalability of aerospace forging operations. Advanced forging techniques, such as precision forging and isothermal forging, allow for the production of complex, high-precision components with improved mechanical properties.

The integration of digital technologies, including computer-aided design (CAD) and simulation tools, is optimizing the design and manufacturing of forged parts. Simulation technologies enable manufacturers to predict and analyze the behavior of materials during the forging process, reducing the need for costly trial-and-error approaches. Additionally, the advent of additive manufacturing, though not a traditional forging method, is influencing the aerospace forging landscape by providing alternative approaches to component production.

These technological advancements not only improve the overall quality and efficiency of forging operations but also contribute to meeting the evolving demands of aerospace manufacturers for precision, customization, and rapid production.

Growth in the Global Commercial Aviation Sector

The growth of the global commercial aviation sector, propelled by increasing air travel demand and expanding airline fleets, is a significant catalyst for the Global Aerospace Forging Market. Rising disposable incomes, urbanization, and the growing middle class in emerging markets are driving the surge in passenger traffic, leading to heightened demand for new, fuel-efficient aircraft. This uptick in aircraft requirements fuels the market for forged components such as turbine blades, landing gear, and structural elements. Additionally, the volume of global air traffic is notable, with scheduled commercial aircraft taking off at a rate exceeding 400 departures per hour worldwide, underscoring the vast scale and frequency of aviation operations driving market growth.

Commercial aircraft, ranging from narrow-body to wide-body jets, rely on forged parts for critical applications, including engines, landing gear, and structural components. As airlines look to modernize their fleets with more fuel-efficient and environmentally friendly aircraft, the demand for advanced forged components continues to rise. The robust growth in the global commercial aviation sector positions aerospace forging as a key industry player, driven by the need for high-performance, lightweight components that meet the stringent requirements of modern aircraft.

Key Market Challenges

Material Cost Fluctuations and Availability

One of the enduring challenges confronting the Global Aerospace Forging Market is the volatility in material costs and the availability of key forging materials. Aerospace forging relies heavily on high-performance materials such as titanium, nickel alloys, and specialty steels, which are crucial for producing components with the required strength-to-weight ratios and resistance to extreme operating conditions. The prices of these materials are subject to fluctuations influenced by various factors, including global economic conditions, geopolitical events, and supply chain disruptions.

The aerospace industry's dependence on a stable supply of materials is critical, and any disruptions in the availability or significant cost fluctuations can have cascading effects on manufacturing costs and project timelines. Aerospace forging companies must navigate these challenges by developing strategic partnerships with material suppliers, exploring alternative materials, and implementing robust supply chain management practices to mitigate the impact of material-related uncertainties.

Technological Obsolescence and Adoption Barriers

As aerospace forging endeavors to keep pace with technological advancements, the challenge of technological obsolescence and the associated adoption barriers looms large. The aerospace industry is continually evolving, with rapid advancements in materials, manufacturing processes, and digital technologies. Forging companies face the challenge of investing in and adopting these technologies to remain competitive and meet the changing demands of aerospace manufacturers.

However, the transition to new technologies often entails significant capital expenditures, retraining of personnel, and adjustments to existing manufacturing processes. The reluctance to embrace change and the inertia associated with established manufacturing methods can create adoption barriers. Overcoming these challenges requires a strategic approach to technology integration, including targeted investments, workforce training programs, and a proactive stance in adopting innovations that enhance efficiency and competitiveness.

Stringent Regulatory Compliance

Stringent regulatory compliance represents a perennial challenge for the Global Aerospace Forging Market. The aerospace industry operates in a highly regulated environment, governed by international aviation authorities such as the Federal Aviation Administration (FAA) in the United States and the European Union Aviation Safety Agency (EASA). Compliance with rigorous quality and safety standards is non-negotiable, given the critical role that forged components play in the structural integrity and performance of aircraft.

Meeting and maintaining compliance with these standards necessitates robust quality management systems, rigorous testing and inspection protocols, and adherence to detailed documentation requirements. The challenge for aerospace forging companies lies in managing the complexities of regulatory compliance across various jurisdictions, staying updated with evolving standards, and continuously investing in quality assurance processes. Failure to meet regulatory requirements can result in severe consequences, including the rejection of components, delays in production, and damage to the reputation of the forging company.

Global Supply Chain Complexity

The increasing globalization of the aerospace supply chain introduces a complex web of challenges for companies operating in the Aerospace Forging Market. Aerospace manufacturers source components and materials from suppliers located around the world, creating intricate supply chain networks. While this global approach offers opportunities for cost optimization and access to specialized expertise, it also exposes the industry to risks associated with geopolitical events, trade tensions, and disruptions in transportation networks.

Global supply chain complexity heightens the challenge of managing inventory, logistics, and coordinating activities across multiple regions. Forging companies must be adept at risk mitigation strategies, such as dual-sourcing critical components, establishing contingency plans for supply chain disruptions, and closely monitoring geopolitical developments that may impact the flow of materials and finished products. The ability to navigate the intricacies of a global supply chain is crucial for maintaining resilience in the face of unforeseen challenges.

Intense Competitive Pressures

Intense competitive pressures constitute a significant challenge for players in the Aerospace Forging Market. The industry is characterized by a relatively small number of major forging companies and suppliers, all vying for contracts from aerospace manufacturers. The competitive landscape is further intensified by factors such as technological innovation, cost competitiveness, and the pursuit of strategic partnerships.

Forging companies face the challenge of differentiating themselves in a market where the technical specifications and safety standards for forged components are well-established and standardized. Moreover, the concentration of major aerospace manufacturers, such as Boeing and Airbus, means that forging companies often operate within a limited customer base, heightening competition for contracts. The challenge lies in demonstrating value through a combination of quality, reliability, cost-effectiveness, and the ability to meet stringent project timelines. Forging companies must continually invest in innovation, process optimization, and operational efficiency to maintain a competitive edge in this dynamic market.

Key Market Trends

Adoption of Advanced Materials

A prominent trend in the Global Aerospace Forging Market is the accelerated adoption of advanced materials to enhance the performance, durability, and efficiency of forged aerospace components. Traditionally, aerospace forging relied on materials such as titanium, nickel alloys, and high-strength steels due to their exceptional properties, including high strength-to-weight ratios, corrosion resistance, and suitability for extreme operating conditions. However, the trend now extends to exploring and integrating newer materials and alloys to address evolving industry requirements.

Materials such as advanced aluminum alloys, composites, and superalloys are gaining traction in aerospace forging applications. These materials offer a balance between strength and weight, contributing to the ongoing industry pursuit of lightweight construction for fuel efficiency. For example, the utilization of advanced aluminum alloys in forging components for aircraft structures and systems is becoming more prevalent, driven by their favorable properties and the ability to meet stringent aerospace standards.

Furthermore, the aerospace industry is exploring the potential of advanced composites in forging applications. Composites, combining materials like carbon fiber and epoxy resin, offer exceptional strength-to-weight ratios and corrosion resistance. Although composites are not conventionally associated with forging, advancements in manufacturing technologies are enabling the integration of composite materials in certain forged components, contributing to weight reduction and increased fuel efficiency.

The adoption of these advanced materials aligns with the broader industry goal of developing more sustainable, fuel-efficient aircraft. Aerospace forging companies are investing in research and development to explore innovative material solutions, and collaborations with material suppliers and research institutions play a crucial role in driving this trend forward.

Increasing Integration of Additive Manufacturing

A transformative trend gaining momentum in the Global Aerospace Forging Market is the increasing integration of additive manufacturing, commonly known as 3D printing, into traditional forging processes. Additive manufacturing offers a paradigm shift in component production by enabling the creation of complex geometries and intricate structures that may be challenging or impossible to achieve through traditional forging methods.

While traditional forging involves the shaping of material through compression, additive manufacturing builds components layer by layer, allowing for precise customization and reduced material waste. In aerospace forging, additive manufacturing finds applications in producing intricate, low-volume, or highly customized components, such as fuel nozzles, brackets, and certain structural elements. This trend is particularly relevant in the production of prototypes and small batches of components, where the flexibility of additive manufacturing complements traditional forging techniques.

The integration of additive manufacturing into aerospace forging operations is driven by the potential for enhanced design flexibility, rapid prototyping, and the ability to optimize component performance. Aerospace forging companies are strategically incorporating additive manufacturing capabilities into their production processes, exploring hybrid approaches that combine the strengths of both traditional forging and additive manufacturing to achieve efficient and cost-effective component manufacturing.

Emphasis on Sustainable and Environmentally Friendly Practices

A notable trend influencing the Global Aerospace Forging Market is the growing emphasis on sustainable and environmentally friendly practices throughout the aerospace industry. This trend is driven by a heightened awareness of environmental impact, increasing regulatory scrutiny, and the industry's commitment to mitigating its carbon footprint. Within aerospace forging, sustainability initiatives manifest in various forms, including the use of eco-friendly materials, energy-efficient manufacturing processes, and waste reduction measures.

The choice of materials in forging operations is pivotal in aligning with sustainability goals. Aerospace forging companies are exploring recycled and recyclable materials, as well as materials with lower environmental impact, to contribute to circular economy principles. For example, the recycling of titanium and other high-performance alloys is gaining attention as a sustainable practice in aerospace forging.

Additionally, forging companies are investing in energy-efficient manufacturing processes to reduce overall environmental impact. Technologies that minimize energy consumption, optimize heating and cooling cycles, and incorporate environmentally friendly heat treatment methods are increasingly integrated into forging operations.

Efforts to reduce waste, both in terms of material usage and by-products, are another facet of sustainable practices in aerospace forging. Lean manufacturing principles and waste reduction strategies are being applied to optimize the efficiency of forging processes, contributing to both environmental sustainability and cost-effectiveness.

Digitalization and Industry 4.0 Integration

The aerospace forging industry is experiencing a transformative trend through the increasing integration of digitalization and Industry 4.0 principles. Digital technologies are being harnessed to optimize manufacturing processes, enhance product quality, and enable data-driven decision-making throughout the entire product lifecycle. This trend aligns with the broader digital transformation occurring across the aerospace sector.

Digital twins, virtual simulations, and computer-aided design (CAD) technologies are becoming integral to aerospace forging operations. Digital twins enable real-time monitoring and analysis of forging processes, allowing manufacturers to visualize and optimize operations in a virtual environment before physical components are produced. This digitalization trend enhances precision, reduces errors, and contributes to the overall efficiency of aerospace forging processes.

The implementation of sensors and internet of things (IoT) devices in forging equipment enables condition monitoring, predictive maintenance, and quality control. Real-time data from forging equipment, coupled with advanced analytics, allows manufacturers to detect potential issues before they escalate, ensuring the reliability and quality of forged components.

Furthermore, the integration of blockchain technology is gaining attention for its potential in enhancing transparency and traceability across the aerospace supply chain. Blockchain can provide a secure and immutable record of the entire manufacturing process, from raw material sourcing to the final product, promoting accountability and quality assurance.

As the aerospace forging industry embraces digitalization, forging companies are investing in employee training programs to ensure a skilled workforce capable of leveraging these technologies effectively. The digitalization trend is not only about enhancing operational efficiency but also about future-proofing aerospace forging operations in an increasingly connected and data-driven industry landscape.

Global Collaborations and Strategic Partnerships

Collaborations and strategic partnerships represent a prevailing trend in the Global Aerospace Forging Market, driven by the industry's recognition of the importance of collective expertise, resource-sharing, and risk mitigation. Aerospace forging companies are actively engaging in partnerships with other manufacturers, research institutions, and technology providers to foster innovation, address industry challenges, and capitalize on emerging opportunities.

Collaborations between aerospace forging companies and material suppliers are crucial in advancing material research and development. Joint initiatives aim to discover and optimize new alloys, enhance material properties, and ensure a stable and cost-effective supply of materials. These collaborations enable forging companies to stay at the forefront of material science, providing a competitive edge in producing high-performance components.

Partnerships with research institutions and universities contribute to advancements in forging technologies, process optimization, and materials science. The aerospace forging industry benefits from the knowledge exchange, access to cutting-edge research, and the development of talent pipelines through academic collaborations.

Strategic partnerships extend beyond traditional industry boundaries, with aerospace forging companies collaborating with technology providers specializing in additive manufacturing, digitalization, and sustainability solutions. By forging alliances with technology experts, aerospace forging companies can leverage external expertise to accelerate the integration of innovative technologies into their operations.

Moreover, collaborations are prevalent in the context of global supply chain management. Given the complexity of the aerospace supply chain, forging companies are forming strategic partnerships to enhance supply chain visibility, resilience, and responsiveness to market dynamics. These partnerships involve forging companies, material suppliers, and original equipment manufacturers (OEMs), working together to optimize logistics, reduce lead times, and adapt to changing demand patterns.

Segmental Insights

Aircraft Type Analysis

The rotary wing segment is emerging as the fastest-growing sector in the global aerospace forging market, driven by several key factors. One primary driver is the increasing demand for helicopters across various applications, including military, medical evacuation, search and rescue, and commercial transport. Helicopters' versatility and ability to operate in challenging environments where fixed-wing aircraft cannot access make them indispensable.

Technological advancements in helicopter design and performance have also fueled this growth. Modern helicopters require complex, high-strength forged components to enhance performance, reduce weight, and improve fuel efficiency. The aerospace forging industry is pivotal in providing these critical parts, including rotors, blades, and transmission components, which are essential for the operational efficiency and safety of rotary-wing aircraft.

Additionally, rising defense budgets globally have spurred investments in advanced military helicopters, further boosting the demand for aerospace forgings. Governments and defense organizations are increasingly procuring next-generation helicopters, necessitating high-quality forged components to meet stringent performance and reliability standards.

The expansion of emergency medical services and offshore oil and gas exploration activities has increased the need for specialized helicopters, driving further growth in the rotary wing segment. As these industries continue to expand, the demand for forged aerospace components is expected to rise, solidifying the rotary wing segment's position as a key growth driver in the global aerospace forging market.

Regional Insights

North America stands as the dominant region in the global aerospace forging market, bolstered by its robust aerospace industry and technological leadership. The region's prominence is driven primarily by the United States, home to leading aerospace manufacturers such as Boeing and Lockheed Martin, which continually push the boundaries of aerospace innovation. These companies rely heavily on forged components for aircraft structures, engines, and landing gear, underscoring the importance of advanced forging techniques in the region.

The presence of a highly skilled workforce and extensive research and development capabilities further strengthen North America's position. The region benefits from significant investments in aerospace technology and infrastructure, fostering an environment conducive to innovation and high-quality production. Additionally, North America's well-established supply chain and advanced manufacturing facilities ensure the efficient production and distribution of forged aerospace components.

Government support and defense expenditure also play crucial roles in maintaining North America's dominance. The substantial defense budget in the United States drives demand for military aircraft, which require durable and reliable forged parts. This military demand complements the commercial aerospace sector, creating a balanced and robust market for aerospace forgings.

North America's leadership in the global aerospace forging market is underpinned by its technological prowess, skilled workforce, strong industry presence, and supportive government policies, positioning the region at the forefront of aerospace innovation and production.

Key Market Players

  • Arconic Corporation.
  • Precision Castparts Corp.
  • Bharat Forge Ltd.
  • ATI Inc.
  • Norsk Titanium AS
  • Fountaintown Forge, Inc.
  • Farinia SA
  • Otto Fuchs KG
  • Meggitt PLC
  • Safran S.A.

Report Scope:

In this report, the Global Aerospace Forging Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Aerospace Forging Market, By Aircraft Type:

  • Fixed Wing
  • Rotary Wing

Aerospace Forging Market, By Material Type:

  • Titanium
  • Stainless Steel
  • Aluminum Alloy
  • Others

Aerospace Forging Market, By Product Type:

  • Closed Die
  • Open Die
  • Rolled Rings

Aerospace Forging Market, By Region:

  • Asia-Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Thailand
    • South Korea
    • Australia
  • Europe & CIS
    • Germany
    • Spain
    • France
    • Russia
    • Italy
    • United Kingdom
    • Belgium
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Turkey
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aerospace Forging Market.

Available Customizations:

Global Aerospace Forging Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

  • 1.1. Product Overview
  • 1.2. Key Highlights of the Report
  • 1.3. Market Coverage
  • 1.4. Market Segments Covered
  • 1.5. Research Tenure Considered

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Market Overview
  • 3.2. Market Forecast
  • 3.3. Key Regions
  • 3.4. Key Segments

4. Impact of COVID-19 on Global Aerospace Forging Market

5. Global Aerospace Forging Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Material Type Market Share Analysis (Titanium, Stainless Steel, Aluminum Alloy, Others)
    • 5.2.2. By Aircraft Type Market Share Analysis (Fixed Wing, Rotary Wing)
    • 5.2.3. By Product Type Market Share Analysis (Closed Die, Open Die, Rolled Rings)
    • 5.2.4. By Regional Market Share Analysis
      • 5.2.4.1. Asia-Pacific Market Share Analysis
      • 5.2.4.2. Europe & CIS Market Share Analysis
      • 5.2.4.3. North America Market Share Analysis
      • 5.2.4.4. South America Market Share Analysis
      • 5.2.4.5. Middle East & Africa Market Share Analysis
    • 5.2.5. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)
  • 5.3. Global Aerospace Forging Market Mapping & Opportunity Assessment
    • 5.3.1. By Aircraft Type Market Mapping & Opportunity Assessment
    • 5.3.2. By Material Type Market Mapping & Opportunity Assessment
    • 5.3.3. By Product Type Market Mapping & Opportunity Assessment
    • 5.3.4. By Regional Market Mapping & Opportunity Assessment

6. Asia-Pacific Aerospace Forging Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Aircraft Type Market Share Analysis
    • 6.2.2. By Material Type Market Share Analysis
    • 6.2.3. By Product Type Market Share Analysis
    • 6.2.4. By Country Market Share Analysis
      • 6.2.4.1. China Market Share Analysis
      • 6.2.4.2. India Market Share Analysis
      • 6.2.4.3. Japan Market Share Analysis
      • 6.2.4.4. Indonesia Market Share Analysis
      • 6.2.4.5. Thailand Market Share Analysis
      • 6.2.4.6. South Korea Market Share Analysis
      • 6.2.4.7. Australia Market Share Analysis
      • 6.2.4.8. Rest of Asia-Pacific Market Share Analysis
  • 6.3. Asia-Pacific: Country Analysis
    • 6.3.1. China Aerospace Forging Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Aircraft Type Market Share Analysis
        • 6.3.1.2.2. By Material Type Market Share Analysis
        • 6.3.1.2.3. By Product Type Market Share Analysis
    • 6.3.2. India Aerospace Forging Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Aircraft Type Market Share Analysis
        • 6.3.2.2.2. By Material Type Market Share Analysis
        • 6.3.2.2.3. By Product Type Market Share Analysis
    • 6.3.3. Japan Aerospace Forging Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Aircraft Type Market Share Analysis
        • 6.3.3.2.2. By Material Type Market Share Analysis
        • 6.3.3.2.3. By Product Type Market Share Analysis
    • 6.3.4. Indonesia Aerospace Forging Market Outlook
      • 6.3.4.1. Market Size & Forecast
        • 6.3.4.1.1. By Value
      • 6.3.4.2. Market Share & Forecast
        • 6.3.4.2.1. By Aircraft Type Market Share Analysis
        • 6.3.4.2.2. By Material Type Market Share Analysis
        • 6.3.4.2.3. By Product Type Market Share Analysis
    • 6.3.5. Thailand Aerospace Forging Market Outlook
      • 6.3.5.1. Market Size & Forecast
        • 6.3.5.1.1. By Value
      • 6.3.5.2. Market Share & Forecast
        • 6.3.5.2.1. By Aircraft Type Market Share Analysis
        • 6.3.5.2.2. By Material Type Market Share Analysis
        • 6.3.5.2.3. By Product Type Market Share Analysis
    • 6.3.6. South Korea Aerospace Forging Market Outlook
      • 6.3.6.1. Market Size & Forecast
        • 6.3.6.1.1. By Value
      • 6.3.6.2. Market Share & Forecast
        • 6.3.6.2.1. By Aircraft Type Market Share Analysis
        • 6.3.6.2.2. By Material Type Market Share Analysis
        • 6.3.6.2.3. By Product Type Market Share Analysis
    • 6.3.7. Australia Aerospace Forging Market Outlook
      • 6.3.7.1. Market Size & Forecast
        • 6.3.7.1.1. By Value
      • 6.3.7.2. Market Share & Forecast
        • 6.3.7.2.1. By Aircraft Type Market Share Analysis
        • 6.3.7.2.2. By Material Type Market Share Analysis
        • 6.3.7.2.3. By Product Type Market Share Analysis

7. Europe & CIS Aerospace Forging Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Aircraft Type Market Share Analysis
    • 7.2.2. By Material Type Market Share Analysis
    • 7.2.3. By Product Type Market Share Analysis
    • 7.2.4. By Country Market Share Analysis
      • 7.2.4.1. Germany Market Share Analysis
      • 7.2.4.2. Spain Market Share Analysis
      • 7.2.4.3. France Market Share Analysis
      • 7.2.4.4. Russia Market Share Analysis
      • 7.2.4.5. Italy Market Share Analysis
      • 7.2.4.6. United Kingdom Market Share Analysis
      • 7.2.4.7. Belgium Market Share Analysis
      • 7.2.4.8. Rest of Europe & CIS Market Share Analysis
  • 7.3. Europe & CIS: Country Analysis
    • 7.3.1. Germany Aerospace Forging Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Aircraft Type Market Share Analysis
        • 7.3.1.2.2. By Material Type Market Share Analysis
        • 7.3.1.2.3. By Product Type Market Share Analysis
    • 7.3.2. Spain Aerospace Forging Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Aircraft Type Market Share Analysis
        • 7.3.2.2.2. By Material Type Market Share Analysis
        • 7.3.2.2.3. By Product Type Market Share Analysis
    • 7.3.3. France Aerospace Forging Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Aircraft Type Market Share Analysis
        • 7.3.3.2.2. By Material Type Market Share Analysis
        • 7.3.3.2.3. By Product Type Market Share Analysis
    • 7.3.4. Russia Aerospace Forging Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Aircraft Type Market Share Analysis
        • 7.3.4.2.2. By Material Type Market Share Analysis
        • 7.3.4.2.3. By Product Type Market Share Analysis
    • 7.3.5. Italy Aerospace Forging Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Aircraft Type Market Share Analysis
        • 7.3.5.2.2. By Material Type Market Share Analysis
        • 7.3.5.2.3. By Product Type Market Share Analysis
    • 7.3.6. United Kingdom Aerospace Forging Market Outlook
      • 7.3.6.1. Market Size & Forecast
        • 7.3.6.1.1. By Value
      • 7.3.6.2. Market Share & Forecast
        • 7.3.6.2.1. By Aircraft Type Market Share Analysis
        • 7.3.6.2.2. By Material Type Market Share Analysis
        • 7.3.6.2.3. By Product Type Market Share Analysis
    • 7.3.7. Belgium Aerospace Forging Market Outlook
      • 7.3.7.1. Market Size & Forecast
        • 7.3.7.1.1. By Value
      • 7.3.7.2. Market Share & Forecast
        • 7.3.7.2.1. By Aircraft Type Market Share Analysis
        • 7.3.7.2.2. By Material Type Market Share Analysis
        • 7.3.7.2.3. By Product Type Market Share Analysis

8. North America Aerospace Forging Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Aircraft Type Market Share Analysis
    • 8.2.2. By Material Type Market Share Analysis
    • 8.2.3. By Product Type Market Share Analysis
    • 8.2.4. By Country Market Share Analysis
      • 8.2.4.1. United States Market Share Analysis
      • 8.2.4.2. Mexico Market Share Analysis
      • 8.2.4.3. Canada Market Share Analysis
  • 8.3. North America: Country Analysis
    • 8.3.1. United States Aerospace Forging Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Aircraft Type Market Share Analysis
        • 8.3.1.2.2. By Material Type Market Share Analysis
        • 8.3.1.2.3. By Product Type Market Share Analysis
    • 8.3.2. Mexico Aerospace Forging Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Aircraft Type Market Share Analysis
        • 8.3.2.2.2. By Material Type Market Share Analysis
        • 8.3.2.2.3. By Product Type Market Share Analysis
    • 8.3.3. Canada Aerospace Forging Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Aircraft Type Market Share Analysis
        • 8.3.3.2.2. By Material Type Market Share Analysis
        • 8.3.3.2.3. By Product Type Market Share Analysis

9. South America Aerospace Forging Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Aircraft Type Market Share Analysis
    • 9.2.2. By Material Type Market Share Analysis
    • 9.2.3. By Product Type Market Share Analysis
    • 9.2.4. By Country Market Share Analysis
      • 9.2.4.1. Brazil Market Share Analysis
      • 9.2.4.2. Argentina Market Share Analysis
      • 9.2.4.3. Colombia Market Share Analysis
      • 9.2.4.4. Rest of South America Market Share Analysis
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Aerospace Forging Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Aircraft Type Market Share Analysis
        • 9.3.1.2.2. By Material Type Market Share Analysis
        • 9.3.1.2.3. By Product Type Market Share Analysis
    • 9.3.2. Colombia Aerospace Forging Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Aircraft Type Market Share Analysis
        • 9.3.2.2.2. By Material Type Market Share Analysis
        • 9.3.2.2.3. By Product Type Market Share Analysis
    • 9.3.3. Argentina Aerospace Forging Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Aircraft Type Market Share Analysis
        • 9.3.3.2.2. By Material Type Market Share Analysis
        • 9.3.3.2.3. By Product Type Market Share Analysis

10. Middle East & Africa Aerospace Forging Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Aircraft Type Market Share Analysis
    • 10.2.2. By Material Type Market Share Analysis
    • 10.2.3. By Product Type Market Share Analysis
    • 10.2.4. By Country Market Share Analysis
      • 10.2.4.1. South Africa Market Share Analysis
      • 10.2.4.2. Turkey Market Share Analysis
      • 10.2.4.3. Saudi Arabia Market Share Analysis
      • 10.2.4.4. UAE Market Share Analysis
      • 10.2.4.5. Rest of Middle East & Africa Market Share Analysis
  • 10.3. Middle East & Africa: Country Analysis
    • 10.3.1. South Africa Aerospace Forging Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Aircraft Type Market Share Analysis
        • 10.3.1.2.2. By Material Type Market Share Analysis
        • 10.3.1.2.3. By Product Type Market Share Analysis
    • 10.3.2. Turkey Aerospace Forging Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Aircraft Type Market Share Analysis
        • 10.3.2.2.2. By Material Type Market Share Analysis
        • 10.3.2.2.3. By Product Type Market Share Analysis
    • 10.3.3. Saudi Arabia Aerospace Forging Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Aircraft Type Market Share Analysis
        • 10.3.3.2.2. By Material Type Market Share Analysis
        • 10.3.3.2.3. By Product Type Market Share Analysis
    • 10.3.4. UAE Aerospace Forging Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Aircraft Type Market Share Analysis
        • 10.3.4.2.2. By Material Type Market Share Analysis
        • 10.3.4.2.3. By Product Type Market Share Analysis

11. SWOT Analysis

  • 11.1. Strength
  • 11.2. Weakness
  • 11.3. Opportunities
  • 11.4. Threats

12. Market Dynamics

  • 12.1. Market Drivers
  • 12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

  • 14.1. Company Profiles (Up to 10 Major Companies)
    • 14.1.1. Arconic Corporation.
      • 14.1.1.1. Company Details
      • 14.1.1.2. Key Product Offered
      • 14.1.1.3. Financials (As Per Availability)
      • 14.1.1.4. Recent Developments
      • 14.1.1.5. Key Management Personnel
    • 14.1.2. Precision Castparts Corp.
      • 14.1.2.1. Company Details
      • 14.1.2.2. Key Product Offered
      • 14.1.2.3. Financials (As Per Availability)
      • 14.1.2.4. Recent Developments
      • 14.1.2.5. Key Management Personnel
    • 14.1.3. Bharat Forge Ltd.
      • 14.1.3.1. Company Details
      • 14.1.3.2. Key Product Offered
      • 14.1.3.3. Financials (As Per Availability)
      • 14.1.3.4. Recent Developments
      • 14.1.3.5. Key Management Personnel
    • 14.1.4. ATI Inc.
      • 14.1.4.1. Company Details
      • 14.1.4.2. Key Product Offered
      • 14.1.4.3. Financials (As Per Availability)
      • 14.1.4.4. Recent Developments
      • 14.1.4.5. Key Management Personnel
    • 14.1.5. Norsk Titanium AS
      • 14.1.5.1. Company Details
      • 14.1.5.2. Key Product Offered
      • 14.1.5.3. Financials (As Per Availability)
      • 14.1.5.4. Recent Developments
      • 14.1.5.5. Key Management Personnel
    • 14.1.6. Fountaintown Forge, Inc.
      • 14.1.6.1. Company Details
      • 14.1.6.2. Key Product Offered
      • 14.1.6.3. Financials (As Per Availability)
      • 14.1.6.4. Recent Developments
      • 14.1.6.5. Key Management Personnel
    • 14.1.7. Farinia SA
      • 14.1.7.1. Company Details
      • 14.1.7.2. Key Product Offered
      • 14.1.7.3. Financials (As Per Availability)
      • 14.1.7.4. Recent Developments
      • 14.1.7.5. Key Management Personnel
    • 14.1.8. Otto Fuchs KG
      • 14.1.8.1. Company Details
      • 14.1.8.2. Key Product Offered
      • 14.1.8.3. Financials (As Per Availability)
      • 14.1.8.4. Recent Developments
      • 14.1.8.5. Key Management Personnel
    • 14.1.9. Meggitt PLC
      • 14.1.9.1. Company Details
      • 14.1.9.2. Key Product Offered
      • 14.1.9.3. Financials (As Per Availability)
      • 14.1.9.4. Recent Developments
      • 14.1.9.5. Key Management Personnel
    • 14.1.10. Safran S.A.
      • 14.1.10.1. Company Details
      • 14.1.10.2. Key Product Offered
      • 14.1.10.3. Financials (As Per Availability)
      • 14.1.10.4. Recent Developments
      • 14.1.10.5. Key Management Personnel

15. Strategic Recommendations

  • 15.1. Key Focus Areas
    • 15.1.1. Target Regions
    • 15.1.2. Target By Aircraft Type
    • 15.1.3. Target By Material Type

16. About Us & Disclaimer