Aircraft Engine Forging Market Forecasts to 2028 – Global Analysis By Material Type (Titanium Alloys, Nickel Alloys), Application (Turbine Disc, Fan Case, Rotor, Combustion Chamber Outer Case), and By Geography

September 2021 | 150 pages | ID: A29AA7DA2962EN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Aircraft Engine Forging Market is accounted for $3,805.52 million in 2020 and is expected to reach $7,638.56 million by 2028 growing at a CAGR of 9.1% during the forecast period. The higher production capacities of aircraft with a continuous rise in air traffic, innovation through advanced materials, and huge demand for air travel in terms of both militaries as well as commercial aircraft are driving the market growth. However, cyclic changes occurring near commercial aircraft may hamper the market growth.

Aircraft engine forging is the manufacturing process that involves the shaping of metal with the use of localized compressive forces. The procedure of forging aerospace components consists of metalworking and machining techniques such as broaching, hot forging, sawing, drilling, threading, grinding, brazing, and welding. The diverse processes are used for the fabrication of an aircraft engine that includes heat treating, electroplating, isothermal, metal finishing, and others. Around 15,000-18,000 forged components and parts are used within a single airplane. The forged products augment the efficiency of the engines, landing gears, aerostructures, and ultimately, the entire aircraft.

Based on the forging type, closed die forging segment is going to have lucrative growth during the forecast period, as it is suitable for small critical parts with safety consideration due to its high precision. The closed die forgings are used for the production of small products such as forged fittings, forged automotive parts, forged lifting & rigging hardware, and other. Automotive, oilfield, aerospace, mining, and forestry & agriculture are some of the industries which uses this forging technique heavily.

By geography, North America region is expected to have considerable market growth during the forecast period, owing to the rise in passenger traffic in the North American countries and the availability of well-established aircraft manufacturers, huge capital, and high profitability margin of aerospace has contributed towards the growth of the entire aviation industry.

Some of the key players in Aircraft Engine Forging Market include Precision Castparts Corporation, Doncasters Group Ltd., OTTO FUCHS KG, Allegheny Technologies Incorporated, All Metals & Forge Group, Safran S.A., Farinia Group, VSMPO-AVISMA Corporation, LISI Group, and Pacific Forge Incorporated.

Material Types Covered:

• Titanium Alloys
• Nickel Alloys

Forging Types Covered:

• Seamless Rolled Ring Forging
• Closed Die Forging
• Open Die Forging

Applications Covered:

• Turbine Disc
• Fan Case
• Rotor
• Combustion Chamber Outer Case

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
• Comprehensive profiling of additional market players (up to 3)
• SWOT Analysis of key players (up to 3)
• Regional Segmentation
• Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
• Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL AIRCRAFT ENGINE FORGING MARKET, BY MATERIAL TYPE

5.1 Introduction
5.2 Titanium Alloys
5.3 Nickel Alloys

6 GLOBAL AIRCRAFT ENGINE FORGING MARKET, BY FORGING TYPE

6.1 Introduction
6.2 Seamless Rolled Ring Forging
6.3 Closed Die Forging
  6.3.1 Conventional Closed Die Forging
  6.3.2 Small Closed Die Forging
  6.3.3 Isothermal Closed Die Forging
6.4 Open Die Forging

7 GLOBAL AIRCRAFT ENGINE FORGING MARKET, BY APPLICATION

7.1 Introduction
7.2 Turbine Disc
7.3 Fan Case
7.4 Rotor
7.5 Combustion Chamber Outer Case

8 GLOBAL AIRCRAFT ENGINE FORGING MARKET, BY GEOGRAPHY

8.1 Introduction
8.2 North America
  8.2.1 US
  8.2.2 Canada
  8.2.3 Mexico
8.3 Europe
  8.3.1 Germany
  8.3.2 UK
  8.3.3 Italy
  8.3.4 France
  8.3.5 Spain
  8.3.6 Rest of Europe
8.4 Asia Pacific
  8.4.1 Japan
  8.4.2 China
  8.4.3 India
  8.4.4 Australia
  8.4.5 New Zealand
  8.4.6 South Korea
  8.4.7 Rest of Asia Pacific
8.5 South America
  8.5.1 Argentina
  8.5.2 Brazil
  8.5.3 Chile
  8.5.4 Rest of South America
8.6 Middle East & Africa
  8.6.1 Saudi Arabia
  8.6.2 UAE
  8.6.3 Qatar
  8.6.4 South Africa
  8.6.5 Rest of Middle East & Africa

9 KEY DEVELOPMENTS

9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 COMPANY PROFILING

10.1 Precision Castparts Corporation
10.2 Doncasters Group Ltd.
10.3 OTTO FUCHS KG
10.4 Allegheny Technologies Incorporated
10.5 All Metals & Forge Group
10.6 Safran S.A.
10.7 Farinia Group
10.8 VSMPO-AVISMA Corporation
10.9 LISI Group
10.10 Pacific Forge Incorporated

List Of Tables

LIST OF TABLES

Table 1 Global Aircraft Engine Forging Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Aircraft Engine Forging Market Outlook, By Material Type (2019-2028) ($MN)
Table 3 Global Aircraft Engine Forging Market Outlook, By Titanium Alloys (2019-2028) ($MN)
Table 4 Global Aircraft Engine Forging Market Outlook, By Nickel Alloys (2019-2028) ($MN)
Table 5 Global Aircraft Engine Forging Market Outlook, By Forging Type (2019-2028) ($MN)
Table 6 Global Aircraft Engine Forging Market Outlook, By Seamless Rolled Ring Forging (2019-2028) ($MN)
Table 7 Global Aircraft Engine Forging Market Outlook, By Closed Die Forging (2019-2028) ($MN)
Table 8 Global Aircraft Engine Forging Market Outlook, By Conventional Closed Die Forging (2019-2028) ($MN)
Table 9 Global Aircraft Engine Forging Market Outlook, By Small Closed Die Forging (2019-2028) ($MN)
Table 10 Global Aircraft Engine Forging Market Outlook, By Isothermal Closed Die Forging (2019-2028) ($MN)
Table 11 Global Aircraft Engine Forging Market Outlook, By Open Die Forging (2019-2028) ($MN)
Table 12 Global Aircraft Engine Forging Market Outlook, By Application (2019-2028) ($MN)
Table 13 Global Aircraft Engine Forging Market Outlook, By Turbine Disc (2019-2028) ($MN)
Table 14 Global Aircraft Engine Forging Market Outlook, By Fan Case (2019-2028) ($MN)
Table 15 Global Aircraft Engine Forging Market Outlook, By Rotor (2019-2028) ($MN)
Table 16 Global Aircraft Engine Forging Market Outlook, By Combustion Chamber Outer Case (2019-2028) ($MN)
Table 17 North America Aircraft Engine Forging Market Outlook, By Country (2019-2028) ($MN)
Table 18 North America Aircraft Engine Forging Market Outlook, By Material Type (2019-2028) ($MN)
Table 19 North America Aircraft Engine Forging Market Outlook, By Titanium Alloys (2019-2028) ($MN)
Table 20 North America Aircraft Engine Forging Market Outlook, By Nickel Alloys (2019-2028) ($MN)
Table 21 North America Aircraft Engine Forging Market Outlook, By Forging Type (2019-2028) ($MN)
Table 22 North America Aircraft Engine Forging Market Outlook, By Seamless Rolled Ring Forging (2019-2028) ($MN)
Table 23 North America Aircraft Engine Forging Market Outlook, By Closed Die Forging (2019-2028) ($MN)
Table 24 North America Aircraft Engine Forging Market Outlook, By Conventional Closed Die Forging (2019-2028) ($MN)
Table 25 North America Aircraft Engine Forging Market Outlook, By Small Closed Die Forging (2019-2028) ($MN)
Table 26 North America Aircraft Engine Forging Market Outlook, By Isothermal Closed Die Forging (2019-2028) ($MN)
Table 27 North America Aircraft Engine Forging Market Outlook, By Open Die Forging (2019-2028) ($MN)
Table 28 North America Aircraft Engine Forging Market Outlook, By Application (2019-2028) ($MN)
Table 29 North America Aircraft Engine Forging Market Outlook, By Turbine Disc (2019-2028) ($MN)
Table 30 North America Aircraft Engine Forging Market Outlook, By Fan Case (2019-2028) ($MN)
Table 31 North America Aircraft Engine Forging Market Outlook, By Rotor (2019-2028) ($MN)
Table 32 North America Aircraft Engine Forging Market Outlook, By Combustion Chamber Outer Case (2019-2028) ($MN)
Table 33 Europe Aircraft Engine Forging Market Outlook, By Country (2019-2028) ($MN)
Table 34 Europe Aircraft Engine Forging Market Outlook, By Material Type (2019-2028) ($MN)
Table 35 Europe Aircraft Engine Forging Market Outlook, By Titanium Alloys (2019-2028) ($MN)
Table 36 Europe Aircraft Engine Forging Market Outlook, By Nickel Alloys (2019-2028) ($MN)
Table 37 Europe Aircraft Engine Forging Market Outlook, By Forging Type (2019-2028) ($MN)
Table 38 Europe Aircraft Engine Forging Market Outlook, By Seamless Rolled Ring Forging (2019-2028) ($MN)
Table 39 Europe Aircraft Engine Forging Market Outlook, By Closed Die Forging (2019-2028) ($MN)
Table 40 Europe Aircraft Engine Forging Market Outlook, By Conventional Closed Die Forging (2019-2028) ($MN)
Table 41 Europe Aircraft Engine Forging Market Outlook, By Small Closed Die Forging (2019-2028) ($MN)
Table 42 Europe Aircraft Engine Forging Market Outlook, By Isothermal Closed Die Forging (2019-2028) ($MN)
Table 43 Europe Aircraft Engine Forging Market Outlook, By Open Die Forging (2019-2028) ($MN)
Table 44 Europe Aircraft Engine Forging Market Outlook, By Application (2019-2028) ($MN)
Table 45 Europe Aircraft Engine Forging Market Outlook, By Turbine Disc (2019-2028) ($MN)
Table 46 Europe Aircraft Engine Forging Market Outlook, By Fan Case (2019-2028) ($MN)
Table 47 Europe Aircraft Engine Forging Market Outlook, By Rotor (2019-2028) ($MN)
Table 48 Europe Aircraft Engine Forging Market Outlook, By Combustion Chamber Outer Case (2019-2028) ($MN)
Table 49 Asia Pacific Aircraft Engine Forging Market Outlook, By Country (2019-2028) ($MN)
Table 50 Asia Pacific Aircraft Engine Forging Market Outlook, By Material Type (2019-2028) ($MN)
Table 51 Asia Pacific Aircraft Engine Forging Market Outlook, By Titanium Alloys (2019-2028) ($MN)
Table 52 Asia Pacific Aircraft Engine Forging Market Outlook, By Nickel Alloys (2019-2028) ($MN)
Table 53 Asia Pacific Aircraft Engine Forging Market Outlook, By Forging Type (2019-2028) ($MN)
Table 54 Asia Pacific Aircraft Engine Forging Market Outlook, By Seamless Rolled Ring Forging (2019-2028) ($MN)
Table 55 Asia Pacific Aircraft Engine Forging Market Outlook, By Closed Die Forging (2019-2028) ($MN)
Table 56 Asia Pacific Aircraft Engine Forging Market Outlook, By Conventional Closed Die Forging (2019-2028) ($MN)
Table 57 Asia Pacific Aircraft Engine Forging Market Outlook, By Small Closed Die Forging (2019-2028) ($MN)
Table 58 Asia Pacific Aircraft Engine Forging Market Outlook, By Isothermal Closed Die Forging (2019-2028) ($MN)
Table 59 Asia Pacific Aircraft Engine Forging Market Outlook, By Open Die Forging (2019-2028) ($MN)
Table 60 Asia Pacific Aircraft Engine Forging Market Outlook, By Application (2019-2028) ($MN)
Table 61 Asia Pacific Aircraft Engine Forging Market Outlook, By Turbine Disc (2019-2028) ($MN)
Table 62 Asia Pacific Aircraft Engine Forging Market Outlook, By Fan Case (2019-2028) ($MN)
Table 63 Asia Pacific Aircraft Engine Forging Market Outlook, By Rotor (2019-2028) ($MN)
Table 64 Asia Pacific Aircraft Engine Forging Market Outlook, By Combustion Chamber Outer Case (2019-2028) ($MN)
Table 65 South America Aircraft Engine Forging Market Outlook, By Country (2019-2028) ($MN)
Table 66 South America Aircraft Engine Forging Market Outlook, By Material Type (2019-2028) ($MN)
Table 67 South America Aircraft Engine Forging Market Outlook, By Titanium Alloys (2019-2028) ($MN)
Table 68 South America Aircraft Engine Forging Market Outlook, By Nickel Alloys (2019-2028) ($MN)
Table 69 South America Aircraft Engine Forging Market Outlook, By Forging Type (2019-2028) ($MN)
Table 70 South America Aircraft Engine Forging Market Outlook, By Seamless Rolled Ring Forging (2019-2028) ($MN)
Table 71 South America Aircraft Engine Forging Market Outlook, By Closed Die Forging (2019-2028) ($MN)
Table 72 South America Aircraft Engine Forging Market Outlook, By Conventional Closed Die Forging (2019-2028) ($MN)
Table 73 South America Aircraft Engine Forging Market Outlook, By Small Closed Die Forging (2019-2028) ($MN)
Table 74 South America Aircraft Engine Forging Market Outlook, By Isothermal Closed Die Forging (2019-2028) ($MN)
Table 75 South America Aircraft Engine Forging Market Outlook, By Open Die Forging (2019-2028) ($MN)
Table 76 South America Aircraft Engine Forging Market Outlook, By Application (2019-2028) ($MN)
Table 77 South America Aircraft Engine Forging Market Outlook, By Turbine Disc (2019-2028) ($MN)
Table 78 South America Aircraft Engine Forging Market Outlook, By Fan Case (2019-2028) ($MN)
Table 79 South America Aircraft Engine Forging Market Outlook, By Rotor (2019-2028) ($MN)
Table 80 South America Aircraft Engine Forging Market Outlook, By Combustion Chamber Outer Case (2019-2028) ($MN)
Table 81 Middle East & Africa Aircraft Engine Forging Market Outlook, By Country (2019-2028) ($MN)
Table 82 Middle East & Africa Aircraft Engine Forging Market Outlook, By Material Type (2019-2028) ($MN)
Table 83 Middle East & Africa Aircraft Engine Forging Market Outlook, By Titanium Alloys (2019-2028) ($MN)
Table 84 Middle East & Africa Aircraft Engine Forging Market Outlook, By Nickel Alloys (2019-2028) ($MN)
Table 85 Middle East & Africa Aircraft Engine Forging Market Outlook, By Forging Type (2019-2028) ($MN)
Table 86 Middle East & Africa Aircraft Engine Forging Market Outlook, By Seamless Rolled Ring Forging (2019-2028) ($MN)
Table 87 Middle East & Africa Aircraft Engine Forging Market Outlook, By Closed Die Forging (2019-2028) ($MN)
Table 88 Middle East & Africa Aircraft Engine Forging Market Outlook, By Conventional Closed Die Forging (2019-2028) ($MN)
Table 89 Middle East & Africa Aircraft Engine Forging Market Outlook, By Small Closed Die Forging (2019-2028) ($MN)
Table 90 Middle East & Africa Aircraft Engine Forging Market Outlook, By Isothermal Closed Die Forging (2019-2028) ($MN)
Table 91 Middle East & Africa Aircraft Engine Forging Market Outlook, By Open Die Forging (2019-2028) ($MN)
Table 92 Middle East & Africa Aircraft Engine Forging Market Outlook, By Application (2019-2028) ($MN)
Table 93 Middle East & Africa Aircraft Engine Forging Market Outlook, By Turbine Disc (2019-2028) ($MN)
Table 94 Middle East & Africa Aircraft Engine Forging Market Outlook, By Fan Case (2019-2028) ($MN)
Table 95 Middle East & Africa Aircraft Engine Forging Market Outlook, By Rotor (2019-2028) ($MN)
Table 96 Middle East & Africa Aircraft Engine Forging Market Outlook, By Combustion Chamber Outer Case (2019-2028) ($MN)