Aviation Forgings Market size is estimated to be USD 2.5 Billion in 2024 and is expected to reach USD 3.8 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
Asia Pacific'S Aviation Forgings Market Is Experiencing Significant Growth, Projected To Reach Usd 13.07 Billion By 2027, With An 8% Cagr. This Surge Is Fueled By Increased Aircraft Production And A Shift Towards Lightweight, High-Strength Components.
Key Forging Types:
Closed Die Forging: Dominates The Market Due To Its Precision And Strength, Essential For Critical Aircraft Components.
Seamless Rolled Ring Forging: Gaining Traction For Its Application In Turbine And Compressor Parts, Offering High Structural Integrity.
Isothermal Forging: Expected To Reach Usd 536.49 Million By 2028, Growing At A 10.5% Cagr, Driven By Demand For Titanium And Nickel-Based Components In Military Aircraft Engines.
Material Preferences:
Aluminum: Holds The Largest Revenue Share Due To Its Lightweight Properties, Used Extensively In Fuselage And Wing Structures.
Titanium: Fastest-Growing Segment, Favored For Its Corrosion Resistance And Strength-To-Weight Ratio, Critical For Engine Components.
Nickel Alloys: Preferred In High-Temperature Applications Like Turbine Discs And Combustion Chambers.
Industry Demand Drivers:
Commercial Aviation: Accounts For Approximately 70% Of The Market, Propelled By The Need For Fuel-Efficient Aircraft And Increased Air Travel.
Military Sector: Experiencing Rapid Growth Due To Rising Defense Budgets And The Demand For High-Performance Aircraft Components.
Regional Growth: China And India Are Leading The Market Expansion, Supported By Government Initiatives And Increased Local Manufacturing Capabilities.
Personal Insight: Having Observed The Industry'S Evolution, The Emphasis On Advanced Forging Techniques And Material Innovation Is Evident. The Integration Of Local Suppliers Into Global Supply Chains, Especially In India, Is Reshaping The Market Dynamics, Offering Both Challenges And Opportunities For Stakeholders.
Get an In-Depth Research Analysis of the Asia Pacific Aviation Forgings Market Size And Forecast [2025-2032]
AVIC Heavy Machinery Co.
Ltd.
CARLTON FORGE WORKS
Howmet Aerospace Inc
FRISA
DONCASTERS
Carmel Forge
Guizhou Aviation Technical Development CO.
LTD.
Wuxi Paike New Materials And Technology Co.
ltd.
Aubert & Duval
Safran
Precision Castparts Corp.
Xi'an Triangle Defense Co.
Ltd.
Forged Solutions Group
Hindustan Aeronautics Ltd
Aerospace Specification Metals
Inc.
VSMPO-AVISMA
Allegheny Technologies Incorporated
CHW Forge
Mettis Aerospace
Steel and Industrial Forgings Limited
Fountaintown Forge
By 2030, Asia Pacific is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Asia Pacific is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Asia Pacific is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Asia Pacific, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Asia Pacific Aviation Forgings Market
Aluminum Alloys
Steel Alloys
Titanium Alloys
Nickel Alloys
Forged Rings
Forged Blocks
Forged Discs
Forged Shafts
Open Die Forging
Closed Die Forging
Precision Forging
Roll Forging
Aero Engines
Aero Structures
Navigational Equipment
Landing Gear Systems
Commercial Aviation
Military Aviation
General Aviation
Helicopter Manufacturing
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ Asia Pacific Aviation Forgings Market Research Analysis
1. Introduction of the Asia Pacific Aviation Forgings Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Asia Pacific Aviation Forgings Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Asia Pacific Aviation Forgings Market, By Type
6. Asia Pacific Aviation Forgings Market, By Application
7. Asia Pacific Aviation Forgings Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Asia Pacific
Vietnam
8. Asia Pacific Aviation Forgings Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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