According to a market report by Lucintel, the future of the global aircraft engine forging market looks promising with opportunities in the fan, compressor, combustion system, and turbine markets. The global aircraft engine forging market is expected to reach an estimated $28 billion by 2035 with a CAGR of 3.9% from 2026 to 2035. The major drivers for this market are the rising adoption of next-generation narrow-body & wide-body aircraft, the increasing use for fuel-efficient & lightweight forged engine parts, and the growing focus on advanced materials & high-performance engine components.
A more than 150-page report to understand trends, opportunity and forecast in aircraft engine forging market to 2035 by aircraft type (commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation), component (small components and large components), application (fans, compressors, combustion systems, turbines, and others), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the aircraft type category, commercial aircraft is expected to witness the highest growth over the forecast period due to the rising commercial aircraft production and fleet expansion.
Within the application category, turbine is expected to witness the highest growth due to the increasing demand for high strength turbine components.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the growing aerospace manufacturing investments and supply chain expansion.
Precision Castparts Corp., Forgital Group, ATI Inc., Doncasters Group, Voestalpine BÖHLER Aerospace GmbH & Co KG, Aubert & Duval SAS, Otto Fuchs KG are the major suppliers in the aircraft engine forging market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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