航空機エンジン鍛造市場の2030年までの予測：鍛造タイプ、材料タイプ、エンジンタイプ、航空機タイプ、地域別の世界分析

Stratistics MRCによると、航空機エンジン鍛造の世界市場は2024年に29億米ドルを占め、予測期間中にCAGR 7.4%で成長し、2030年には46億米ドルに達すると予測されています。

航空機エンジン鍛造は、航空機エンジン用の金属部品を成形するために圧縮力を加えるためにハンマーと金型を使用する製造プロセスです。強度、耐久性、応力や疲労に対する耐性は、このプロセスによって改善される金属の機械的品質のひとつです。エンジンが高温と高圧に耐えるためには、タービンディスク、シャフト、ブレードなどの鍛造部品が不可欠です。鍛造部品の精度と信頼性は、現代の航空機エンジンの全体的な有効性、安全性、性能を向上させます。

国際航空運送協会（IATA）によると、航空旅客輸送量は今後20年間で4倍になると予測されており、2037年までに約82億人の旅客が航空機を利用すると見込まれています。

航空機需要の増加

経済成長と可処分所得の増加に牽引された世界の航空旅行の増加は、新型航空機の需要を大幅に押し上げました。この成長は、航空技術の進歩や低燃費モデルの導入によってさらに支えられています。その結果、航空機用エンジンとその鍛造部品の生産は、この需要を満たすために急増しました。民間航空部門と防衛航空部門の世界の拡大は、高品質の鍛造部品の必要性を強化し、航空機エンジン鍛造市場の持続的成長を確実なものにしています。

高い初期投資

航空機エンジンの鍛造には、先進的機械と熟練した労働力を必要とする複雑な製造プロセスが含まれるため、初期資本支出が高額になります。さらに、チタンやニッケル基超合金のような特殊な材料を使用するため、製造コストが高くなります。これらの要因は、新規参入者にとって大きな障壁となり、市場の拡大を制限します。鍛造設備の設立に必要な初期投資が高額になるため、特に小規模メーカーにとっては収益性に影響し、市場全体の成長を抑制しています。

MROへの注目の高まり

整備・修理・オーバーホール（MRO）サービスの重視の高まりは、航空機エンジン鍛造市場に有利な機会をもたらします。航空会社が運航効率の最適化と機体寿命の延長を目指しているため、鍛造交換部品の需要が増加しています。先進的鍛造技術により、MROのニーズに合わせた耐久性のある高性能部品の生産が可能になります。この動向は、老朽化した航空機が頻繁なメンテナンスを必要とする新興市場で特に顕著であり、アフターマーケットサービスの成長を牽引しています。

OEMへの依存

OEM（相手先ブランド製造）への市場の依存は、多様化が限定的であるため、大きな脅威となっています。OEMは調達決定を支配しており、しばしば鍛造企業の利益率を圧迫するような条件を指示します。さらに、航空機の生産スケジュールの遅延や変動は、鍛造部品の需要に直接影響します。このような依存関係は、景気後退や地政学的緊張のような外的混乱に対する市場の回復力を制限し、持続的成長への課題を生み出します。

COVID-19の影響

COVID-19の大流行により、航空機の利用が減少し、製造業務が停止したため、航空機エンジン用鍛造品市場は大きな混乱に見舞われました。ロックダウンと渡航制限により、航空機の新規受注とMRO活動は激減しました。サプライチェーンの混乱は、原料の入手と部品の納入を遅らせ、課題をさらに悪化させました。2021年以降、航空需要の増加とともに回復が始まったもの、パンデミックは世界のサプライチェーンの脆弱性を露呈し、多様な調達戦略の必要性を浮き彫りにしました。

予測期間中、閉塞型鍛造セグメントが最大となる見込み

閉塞型鍛造セグメントは、航空機エンジンに不可欠な高強度・軽量コンポーネントを生産する能力により、予測期間中最大の市場シェアを占めると予想されます。このプロセスは精度と構造的完全性を保証するため、タービンディスクやブレードのような重要部品に最適です。このセグメントのリーダーシップは、過酷な条件下での性能を高める高強度合金などの材料科学の進歩によってもたらされます。民間航空機と軍用航空機に広く採用されていることは、エンジンの信頼性と効率を確保する上での重要性を裏付けています。

予測期間中、民間航空機セグメントのCAGRが最も高くなる見込み

予測期間中、世界の航空旅客輸送量の増加と航空会社による機体拡大により、民間航空機セグメントが最も高い成長率を示すと予測されます。先進的鍛造部品を備えた燃費効率の高いエンジンの需要は、このセグメントの技術革新を促進します。加えて、格安航空会社への投資の増加や地域間接続の取り組みが単通路ジェット機の生産を後押しし、成長をさらに加速させています。軽量材料による二酸化炭素排出量の削減が重視されていることも、このセグメントの高成長に寄与しています。

最大のシェアを占める地域

予測期間中、北米地域は確立された航空宇宙産業と先進技術の早期導入により、最大の市場シェアを占めると予想されます。Boeingやプラット・アンド・ホイットニーといった大手メーカーの存在が、鍛造エンジン部品の旺盛な需要を支えています。高い防衛費と研究開発への強い注力は、この地域の成長をさらに後押ししています。さらに、北米の広範なMROネットワークは、交換部品の安定した需要を確保し、世界市場での支配的地位を強化しています。

CAGRが最も高い地域

予測期間中、民間航空の急成長と航空宇宙製造能力への投資の増加により、アジア太平洋が最も高いCAGRを示すと予測されます。中国やインドのような国々は、航空旅行の増加や国産化に対する政府の支援を通じて需要を牽引しています。この地域は次世代航空機プログラムに重点を置いており、軽量材料と先進的鍛造技術を重視しています。また、航空会社が急増する旅客輸送量に対応するために航空機を近代化する中、MROサービスの拡大もこの地域の成長に大きく寄与しています。

無料カスタマイズサービス

本レポートをご購読の顧客には、以下の無料カスタマイズオプションのいずれかをご利用いただけます。

• 企業プロファイル
  • 追加市場参入企業の包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推定・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携による主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• イントロダクション
• 促進要因
• 抑制要因
• 機会
• 脅威
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の航空機エンジン鍛造市場：鍛造タイプ別

• イントロダクション
• 型鍛造
• オープンダイフォージング
• 圧延リング鍛造

第6章 世界の航空機エンジン鍛造市場：材料別

• イントロダクション
• チタン合金
• ニッケル合金
• アルミニウム合金
• 鋼合金

第7章 世界の航空機エンジン鍛造市場：エンジンタイプ別

• イントロダクション
• ターボファンエンジン
• ターボジェットエンジン
• ターボプロップエンジン
• ターボシャフトエンジン

第8章 世界の航空機エンジン鍛造市場：航空機タイプ別

• イントロダクション
• 民間航空機
• 軍用機
• ビジネスジェット
• ヘリコプター

第9章 世界の航空機エンジン鍛造市場：地域別

• イントロダクション
• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他の欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他のアジア太平洋
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他の南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他の中東・アフリカ

第10章 主要開発

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイリング

• Precision Castparts Corporation
• ATI Incorporated
• Bharat Forge Limited
• Doncasters Group Limited
• Voestalpine BOHLER Aerospace GmbH & Co KG
• Aubert & Duval SAS
• Otto Fuchs KG
• Howmet Aerospace
• Mettis Group
• Alcoa Corporation
• SIFCO Industries
• Consolidated Industries Incorporated
• Avio Aero
• Forgital Group
• VSMPO-AVISMA Corporation
• Canton Drop Forge
• Farinia Group
• LISI Aerospace

List of Tables

• Table 1 Global Aircraft Engine Forging Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Aircraft Engine Forging Market Outlook, By Forging Type (2022-2030) ($MN)
• Table 3 Global Aircraft Engine Forging Market Outlook, By Closed Die Forging (2022-2030) ($MN)
• Table 4 Global Aircraft Engine Forging Market Outlook, By Open Die Forging (2022-2030) ($MN)
• Table 5 Global Aircraft Engine Forging Market Outlook, By Rolled Ring Forging (2022-2030) ($MN)
• Table 6 Global Aircraft Engine Forging Market Outlook, By Material Type (2022-2030) ($MN)
• Table 7 Global Aircraft Engine Forging Market Outlook, By Titanium Alloys (2022-2030) ($MN)
• Table 8 Global Aircraft Engine Forging Market Outlook, By Nickel Alloys (2022-2030) ($MN)
• Table 9 Global Aircraft Engine Forging Market Outlook, By Aluminum Alloys (2022-2030) ($MN)
• Table 10 Global Aircraft Engine Forging Market Outlook, By Steel Alloys (2022-2030) ($MN)
• Table 11 Global Aircraft Engine Forging Market Outlook, By Engine Type (2022-2030) ($MN)
• Table 12 Global Aircraft Engine Forging Market Outlook, By Turbofan Engines (2022-2030) ($MN)
• Table 13 Global Aircraft Engine Forging Market Outlook, By Turbojet Engines (2022-2030) ($MN)
• Table 14 Global Aircraft Engine Forging Market Outlook, By Turboprop Engines (2022-2030) ($MN)
• Table 15 Global Aircraft Engine Forging Market Outlook, By Turboshaft Engines (2022-2030) ($MN)
• Table 16 Global Aircraft Engine Forging Market Outlook, By Aircraft Type (2022-2030) ($MN)
• Table 17 Global Aircraft Engine Forging Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
• Table 18 Global Aircraft Engine Forging Market Outlook, By Military Aircraft (2022-2030) ($MN)
• Table 19 Global Aircraft Engine Forging Market Outlook, By Business Jets (2022-2030) ($MN)
• Table 20 Global Aircraft Engine Forging Market Outlook, By Helicopters (2022-2030) ($MN)
• Table 21 North America Aircraft Engine Forging Market Outlook, By Country (2022-2030) ($MN)
• Table 22 North America Aircraft Engine Forging Market Outlook, By Forging Type (2022-2030) ($MN)
• Table 23 North America Aircraft Engine Forging Market Outlook, By Closed Die Forging (2022-2030) ($MN)
• Table 24 North America Aircraft Engine Forging Market Outlook, By Open Die Forging (2022-2030) ($MN)
• Table 25 North America Aircraft Engine Forging Market Outlook, By Rolled Ring Forging (2022-2030) ($MN)
• Table 26 North America Aircraft Engine Forging Market Outlook, By Material Type (2022-2030) ($MN)
• Table 27 North America Aircraft Engine Forging Market Outlook, By Titanium Alloys (2022-2030) ($MN)
• Table 28 North America Aircraft Engine Forging Market Outlook, By Nickel Alloys (2022-2030) ($MN)
• Table 29 North America Aircraft Engine Forging Market Outlook, By Aluminum Alloys (2022-2030) ($MN)
• Table 30 North America Aircraft Engine Forging Market Outlook, By Steel Alloys (2022-2030) ($MN)
• Table 31 North America Aircraft Engine Forging Market Outlook, By Engine Type (2022-2030) ($MN)
• Table 32 North America Aircraft Engine Forging Market Outlook, By Turbofan Engines (2022-2030) ($MN)
• Table 33 North America Aircraft Engine Forging Market Outlook, By Turbojet Engines (2022-2030) ($MN)
• Table 34 North America Aircraft Engine Forging Market Outlook, By Turboprop Engines (2022-2030) ($MN)
• Table 35 North America Aircraft Engine Forging Market Outlook, By Turboshaft Engines (2022-2030) ($MN)
• Table 36 North America Aircraft Engine Forging Market Outlook, By Aircraft Type (2022-2030) ($MN)
• Table 37 North America Aircraft Engine Forging Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
• Table 38 North America Aircraft Engine Forging Market Outlook, By Military Aircraft (2022-2030) ($MN)
• Table 39 North America Aircraft Engine Forging Market Outlook, By Business Jets (2022-2030) ($MN)
• Table 40 North America Aircraft Engine Forging Market Outlook, By Helicopters (2022-2030) ($MN)
• Table 41 Europe Aircraft Engine Forging Market Outlook, By Country (2022-2030) ($MN)
• Table 42 Europe Aircraft Engine Forging Market Outlook, By Forging Type (2022-2030) ($MN)
• Table 43 Europe Aircraft Engine Forging Market Outlook, By Closed Die Forging (2022-2030) ($MN)
• Table 44 Europe Aircraft Engine Forging Market Outlook, By Open Die Forging (2022-2030) ($MN)
• Table 45 Europe Aircraft Engine Forging Market Outlook, By Rolled Ring Forging (2022-2030) ($MN)
• Table 46 Europe Aircraft Engine Forging Market Outlook, By Material Type (2022-2030) ($MN)
• Table 47 Europe Aircraft Engine Forging Market Outlook, By Titanium Alloys (2022-2030) ($MN)
• Table 48 Europe Aircraft Engine Forging Market Outlook, By Nickel Alloys (2022-2030) ($MN)
• Table 49 Europe Aircraft Engine Forging Market Outlook, By Aluminum Alloys (2022-2030) ($MN)
• Table 50 Europe Aircraft Engine Forging Market Outlook, By Steel Alloys (2022-2030) ($MN)
• Table 51 Europe Aircraft Engine Forging Market Outlook, By Engine Type (2022-2030) ($MN)
• Table 52 Europe Aircraft Engine Forging Market Outlook, By Turbofan Engines (2022-2030) ($MN)
• Table 53 Europe Aircraft Engine Forging Market Outlook, By Turbojet Engines (2022-2030) ($MN)
• Table 54 Europe Aircraft Engine Forging Market Outlook, By Turboprop Engines (2022-2030) ($MN)
• Table 55 Europe Aircraft Engine Forging Market Outlook, By Turboshaft Engines (2022-2030) ($MN)
• Table 56 Europe Aircraft Engine Forging Market Outlook, By Aircraft Type (2022-2030) ($MN)
• Table 57 Europe Aircraft Engine Forging Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
• Table 58 Europe Aircraft Engine Forging Market Outlook, By Military Aircraft (2022-2030) ($MN)
• Table 59 Europe Aircraft Engine Forging Market Outlook, By Business Jets (2022-2030) ($MN)
• Table 60 Europe Aircraft Engine Forging Market Outlook, By Helicopters (2022-2030) ($MN)
• Table 61 Asia Pacific Aircraft Engine Forging Market Outlook, By Country (2022-2030) ($MN)
• Table 62 Asia Pacific Aircraft Engine Forging Market Outlook, By Forging Type (2022-2030) ($MN)
• Table 63 Asia Pacific Aircraft Engine Forging Market Outlook, By Closed Die Forging (2022-2030) ($MN)
• Table 64 Asia Pacific Aircraft Engine Forging Market Outlook, By Open Die Forging (2022-2030) ($MN)
• Table 65 Asia Pacific Aircraft Engine Forging Market Outlook, By Rolled Ring Forging (2022-2030) ($MN)
• Table 66 Asia Pacific Aircraft Engine Forging Market Outlook, By Material Type (2022-2030) ($MN)
• Table 67 Asia Pacific Aircraft Engine Forging Market Outlook, By Titanium Alloys (2022-2030) ($MN)
• Table 68 Asia Pacific Aircraft Engine Forging Market Outlook, By Nickel Alloys (2022-2030) ($MN)
• Table 69 Asia Pacific Aircraft Engine Forging Market Outlook, By Aluminum Alloys (2022-2030) ($MN)
• Table 70 Asia Pacific Aircraft Engine Forging Market Outlook, By Steel Alloys (2022-2030) ($MN)
• Table 71 Asia Pacific Aircraft Engine Forging Market Outlook, By Engine Type (2022-2030) ($MN)
• Table 72 Asia Pacific Aircraft Engine Forging Market Outlook, By Turbofan Engines (2022-2030) ($MN)
• Table 73 Asia Pacific Aircraft Engine Forging Market Outlook, By Turbojet Engines (2022-2030) ($MN)
• Table 74 Asia Pacific Aircraft Engine Forging Market Outlook, By Turboprop Engines (2022-2030) ($MN)
• Table 75 Asia Pacific Aircraft Engine Forging Market Outlook, By Turboshaft Engines (2022-2030) ($MN)
• Table 76 Asia Pacific Aircraft Engine Forging Market Outlook, By Aircraft Type (2022-2030) ($MN)
• Table 77 Asia Pacific Aircraft Engine Forging Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
• Table 78 Asia Pacific Aircraft Engine Forging Market Outlook, By Military Aircraft (2022-2030) ($MN)
• Table 79 Asia Pacific Aircraft Engine Forging Market Outlook, By Business Jets (2022-2030) ($MN)
• Table 80 Asia Pacific Aircraft Engine Forging Market Outlook, By Helicopters (2022-2030) ($MN)
• Table 81 South America Aircraft Engine Forging Market Outlook, By Country (2022-2030) ($MN)
• Table 82 South America Aircraft Engine Forging Market Outlook, By Forging Type (2022-2030) ($MN)
• Table 83 South America Aircraft Engine Forging Market Outlook, By Closed Die Forging (2022-2030) ($MN)
• Table 84 South America Aircraft Engine Forging Market Outlook, By Open Die Forging (2022-2030) ($MN)
• Table 85 South America Aircraft Engine Forging Market Outlook, By Rolled Ring Forging (2022-2030) ($MN)
• Table 86 South America Aircraft Engine Forging Market Outlook, By Material Type (2022-2030) ($MN)
• Table 87 South America Aircraft Engine Forging Market Outlook, By Titanium Alloys (2022-2030) ($MN)
• Table 88 South America Aircraft Engine Forging Market Outlook, By Nickel Alloys (2022-2030) ($MN)
• Table 89 South America Aircraft Engine Forging Market Outlook, By Aluminum Alloys (2022-2030) ($MN)
• Table 90 South America Aircraft Engine Forging Market Outlook, By Steel Alloys (2022-2030) ($MN)
• Table 91 South America Aircraft Engine Forging Market Outlook, By Engine Type (2022-2030) ($MN)
• Table 92 South America Aircraft Engine Forging Market Outlook, By Turbofan Engines (2022-2030) ($MN)
• Table 93 South America Aircraft Engine Forging Market Outlook, By Turbojet Engines (2022-2030) ($MN)
• Table 94 South America Aircraft Engine Forging Market Outlook, By Turboprop Engines (2022-2030) ($MN)
• Table 95 South America Aircraft Engine Forging Market Outlook, By Turboshaft Engines (2022-2030) ($MN)
• Table 96 South America Aircraft Engine Forging Market Outlook, By Aircraft Type (2022-2030) ($MN)
• Table 97 South America Aircraft Engine Forging Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
• Table 98 South America Aircraft Engine Forging Market Outlook, By Military Aircraft (2022-2030) ($MN)
• Table 99 South America Aircraft Engine Forging Market Outlook, By Business Jets (2022-2030) ($MN)
• Table 100 South America Aircraft Engine Forging Market Outlook, By Helicopters (2022-2030) ($MN)
• Table 101 Middle East & Africa Aircraft Engine Forging Market Outlook, By Country (2022-2030) ($MN)
• Table 102 Middle East & Africa Aircraft Engine Forging Market Outlook, By Forging Type (2022-2030) ($MN)
• Table 103 Middle East & Africa Aircraft Engine Forging Market Outlook, By Closed Die Forging (2022-2030) ($MN)
• Table 104 Middle East & Africa Aircraft Engine Forging Market Outlook, By Open Die Forging (2022-2030) ($MN)
• Table 105 Middle East & Africa Aircraft Engine Forging Market Outlook, By Rolled Ring Forging (2022-2030) ($MN)
• Table 106 Middle East & Africa Aircraft Engine Forging Market Outlook, By Material Type (2022-2030) ($MN)
• Table 107 Middle East & Africa Aircraft Engine Forging Market Outlook, By Titanium Alloys (2022-2030) ($MN)
• Table 108 Middle East & Africa Aircraft Engine Forging Market Outlook, By Nickel Alloys (2022-2030) ($MN)
• Table 109 Middle East & Africa Aircraft Engine Forging Market Outlook, By Aluminum Alloys (2022-2030) ($MN)
• Table 110 Middle East & Africa Aircraft Engine Forging Market Outlook, By Steel Alloys (2022-2030) ($MN)
• Table 111 Middle East & Africa Aircraft Engine Forging Market Outlook, By Engine Type (2022-2030) ($MN)
• Table 112 Middle East & Africa Aircraft Engine Forging Market Outlook, By Turbofan Engines (2022-2030) ($MN)
• Table 113 Middle East & Africa Aircraft Engine Forging Market Outlook, By Turbojet Engines (2022-2030) ($MN)
• Table 114 Middle East & Africa Aircraft Engine Forging Market Outlook, By Turboprop Engines (2022-2030) ($MN)
• Table 115 Middle East & Africa Aircraft Engine Forging Market Outlook, By Turboshaft Engines (2022-2030) ($MN)
• Table 116 Middle East & Africa Aircraft Engine Forging Market Outlook, By Aircraft Type (2022-2030) ($MN)
• Table 117 Middle East & Africa Aircraft Engine Forging Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
• Table 118 Middle East & Africa Aircraft Engine Forging Market Outlook, By Military Aircraft (2022-2030) ($MN)
• Table 119 Middle East & Africa Aircraft Engine Forging Market Outlook, By Business Jets (2022-2030) ($MN)
• Table 120 Middle East & Africa Aircraft Engine Forging Market Outlook, By Helicopters (2022-2030) ($MN)

According to Stratistics MRC, the Global Aircraft Engine Forging Market is accounted for $2.9 billion in 2024 and is expected to reach $4.6 billion by 2030 growing at a CAGR of 7.4% during the forecast period. Aircraft engine forging is a manufacturing process that uses hammers and dies to apply compressive forces to shape metal parts for aircraft engines. Strength, durability, and resistance to stress and fatigue are among the mechanical qualities of metals that are improved by this process. For engine operations to withstand high temperatures and pressures, forged parts-such as turbine discs, shafts, and blades-are essential. Forged parts' accuracy and dependability enhance the overall effectiveness, security, and performance of contemporary aircraft engines.

According to the International Air Transport Association (IATA), air passenger traffic is projected to quadruple over the next two decades, with approximately 8.2 billion passengers expected to travel by air by 2037.

Market Dynamics:

Driver:

Increasing demand for aircraft

The rise in global air travel, driven by economic growth and increasing disposable incomes, has significantly boosted the demand for new aircraft. This growth is further supported by advancements in aviation technology and the introduction of fuel-efficient models. Consequently, the production of aircraft engines and their forged components has surged to meet this demand. The expansion of commercial and defense aviation sectors globally reinforce the need for high-quality forged components, ensuring sustained growth in the aircraft engine forging market.

Restraint:

High initial investment

Aircraft engine forging involves complex manufacturing processes requiring advanced machinery and skilled labor, resulting in high initial capital expenditure. Additionally, the use of specialized materials like titanium and nickel-based superalloys increases production costs. These factors pose significant barriers for new entrants and limit market expansion. The high upfront investment needed to establish forging facilities impacts profitability, particularly for smaller manufacturers, thereby restraining the overall growth of the market.

Opportunity:

Increasing focus on MRO

The growing emphasis on Maintenance, Repair, and Overhaul (MRO) services presents lucrative opportunities for the aircraft engine forging market. As airlines aim to optimize operational efficiency and extend fleet lifespans, the demand for forged replacement parts is increasing. Advanced forging technologies enable the production of durable, high-performance components tailored for MRO needs. This trend is particularly prominent in emerging markets where aging fleets require frequent maintenance, driving growth in aftermarket services.

Threat:

Dependency on OEMs

The market's reliance on Original Equipment Manufacturers (OEMs) poses a significant threat due to limited diversification. OEMs dominate procurement decisions, often dictating terms that can squeeze profit margins for forging companies. Furthermore, delays or fluctuations in aircraft production schedules directly impact demand for forged components. This dependency limits market resilience against external disruptions such as economic downturns or geopolitical tensions, creating challenges for sustained growth.

Covid-19 Impact:

The COVID-19 pandemic severely disrupted the aircraft engine forging market due to reduced air travel and halted manufacturing operations. Lockdowns and travel restrictions led to a sharp decline in new aircraft orders and MRO activities. Supply chain disruptions further compounded challenges by delaying raw material availability and component deliveries. Although recovery began post-2021 with increasing air travel demand, the pandemic exposed vulnerabilities in global supply chains and highlighted the need for diversified sourcing strategies.

The closed die forging segment is expected to be the largest during the forecast period

The closed die forging segment is expected to account for the largest market share during the forecast period due to its ability to produce high-strength and lightweight components essential for aircraft engines. This process ensures precision and structural integrity, making it ideal for critical parts like turbine disks and blades. The segment's leadership is driven by advancements in material science, such as high-strength alloys, which enhance performance under extreme conditions. Its widespread adoption across commercial and military aviation underscores its importance in ensuring engine reliability and efficiency.

The commercial aircraft segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the commercial aircraft segment is predicted to witness the highest growth rate due to increasing global air passenger traffic and fleet expansions by airlines. The demand for fuel-efficient engines with advanced forged components drives innovation in this segment. Additionally, rising investments in low-cost carriers and regional connectivity initiatives boost production of single-aisle jets, further accelerating growth. The emphasis on reducing carbon emissions through lightweight materials also contributes to this segment's high growth.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share due to its well-established aerospace industry and early adoption of advanced technologies. The presence of major manufacturers like Boeing and Pratt & Whitney supports robust demand for forged engine components. High defense spending and a strong focus on research and development further bolster regional growth. Additionally, North America's extensive MRO network ensures steady demand for replacement parts, reinforcing its dominant position in the global market.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR owing to rapid growth in commercial aviation and increasing investments in aerospace manufacturing capabilities. Countries like China and India are driving demand through rising air travel and government support for indigenous production. The region's focus on next-generation aircraft programs emphasizes lightweight materials and advanced forging technologies. Expanding MRO services also contribute significantly to regional growth as airlines modernize fleets to meet surging passenger traffic.

Key players in the market

Some of the key players in Aircraft Engine Forging Market include Precision Castparts Corporation, ATI Incorporated, Bharat Forge Limited, Doncasters Group Limited, Voestalpine BOHLER Aerospace GmbH & Co KG, Aubert & Duval SAS, Otto Fuchs KG, Howmet Aerospace, Mettis Group, Alcoa Corporation, SIFCO Industries, Consolidated Industries Incorporated, Avio Aero, Forgital Group, VSMPO-AVISMA Corporation, Canton Drop Forge, Farinia Group and LISI Aerospace.

Key Developments:

In May 2024, Forgital Group, a global leader in Forging, marching, assembly and testing, proudly announces the signing of a multi-year agreement with Safran Aircraft Engines, a world leader aircraft engine manufacturer manufacturing, solidifying their collaborative efforts in advancing aerospace technologies. The agreement, spanning multiple years, encompasses the joint pursuit of CFM International LEAP-1A/-1B and GE9X programs, emblematic of the enduring commitment both companies share towards innovation and excellence in the aerospace industry.

In July 2023, Doncasters is delighted to announce the signing of an agreement with Safran Aircraft Engines to renew and expand the supply of large superalloy structural castings and hot section air flow castings for the LEAP-1A and LEAP-1B platforms. This contract extension is a reflection of the strong and developing partnership between Doncasters and Safran Aircraft Engines, covering both precision investment castings and superalloy supply.

Forging Types Covered:

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

Material Types Covered:

• Titanium Alloys
• Nickel Alloys
• Aluminum Alloys
• Steel Alloys

Engine Types Covered:

• Turbofan Engines
• Turbojet Engines
• Turboprop Engines
• Turboshaft Engines

Aircraft Types Covered:

• Commercial Aircraft
• Military Aircraft
• Business Jets
• Helicopters

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 2022, 2023, 2024, 2026, and 2030
• 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

Table of 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 Emerging Markets
• 3.7 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 Forging Type

• 5.1 Introduction
• 5.2 Closed Die Forging
• 5.3 Open Die Forging
• 5.4 Rolled Ring Forging

6 Global Aircraft Engine Forging Market, By Material Type

• 6.1 Introduction
• 6.2 Titanium Alloys
• 6.3 Nickel Alloys
• 6.4 Aluminum Alloys
• 6.5 Steel Alloys

7 Global Aircraft Engine Forging Market, By Engine Type

• 7.1 Introduction
• 7.2 Turbofan Engines
• 7.3 Turbojet Engines
• 7.4 Turboprop Engines
• 7.5 Turboshaft Engines

8 Global Aircraft Engine Forging Market, By Aircraft Type

• 8.1 Introduction
• 8.2 Commercial Aircraft
• 8.3 Military Aircraft
• 8.4 Business Jets
• 8.5 Helicopters

9 Global Aircraft Engine Forging Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Precision Castparts Corporation
• 11.2 ATI Incorporated
• 11.3 Bharat Forge Limited
• 11.4 Doncasters Group Limited
• 11.5 Voestalpine BOHLER Aerospace GmbH & Co KG
• 11.6 Aubert & Duval SAS
• 11.7 Otto Fuchs KG
• 11.8 Howmet Aerospace
• 11.9 Mettis Group
• 11.10 Alcoa Corporation
• 11.11 SIFCO Industries
• 11.12 Consolidated Industries Incorporated
• 11.13 Avio Aero
• 11.14 Forgital Group
• 11.15 VSMPO-AVISMA Corporation
• 11.16 Canton Drop Forge
• 11.17 Farinia Group
• 11.18 LISI Aerospace