Aerospace Cold Forgings Market : Segmented by Product Type (Captive, Forging, Catalog Forging, Custom Forging); By Type (Fixed Wing, Rotary Wing); By Platform (Narrow Body, Wide Body, Regional Jets, Fighter Jets, Helicopter, Others); By Aircraft (Military Aviation, Commercial Aviation, General Aviation); By Application (Landing Gear, Nacelle, Airframe) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Aerospace Cold Forgings market to surpass USD 7.94 million by 2030 from USD 4.01 million in 2020 at a CAGR of 7.07% in the coming years, i.e., 2021-30. Product Overview Cold forging is a manufa... もっと見る
SummaryAerospace Cold Forgings market to surpass USD 7.94 million by 2030 from USD 4.01 million in 2020 at a CAGR of 7.07% in the coming years, i.e., 2021-30.Product Overview Cold forging is a manufacturing process that involves deforming materials into high-strength components. The cold forging method ensures high production precision, which is essential for aircraft parts and components. Dimensionally accurate, cold-forged components require little or no finishing. Market Highlights Aerospace Cold Forgings market is expected to project a notable CAGR of 7.07% in 2030 One of the main reasons driving the market's growth is the growing relevance of aircraft structural dependability and the necessity for a high strength-to-weight ratio. Industry share is being fueled by shifting trends toward efficient production processes, optimal material usage, and reduced forging energy. Recent highlights in the Aerospace Cold Forgings Market In October 2018 Weber Metals spent USD 180 million on an aircraft metal forging machine and now offers a variety of bespoke forging solutions. Aerospace Cold Forgings Market: Segments Landing gears segment to grow with the highest CAGR during 2020-30 Aerospace Cold Forgings market is segmented by Application into Landing gear, Nacelle, Airframe. Over the forecast period, the Landing gears segment will account for significant growth in the aerospace cold forgings market. This is due to an increase in aircraft manufacturing throughout the world. Because of their high ductility and optimal yield strength, cold-forged titanium alloys are utilized to make aeroplane landing gear. Furthermore, the industry's size is expected to grow significantly due to required compliance with severe requirements requiring landing gear replacement for aging fleets. Fixed-wing segment to grow with the highest CAGR during 2020-30 Aerospace Cold Forgings market is segmented by Type into Fixed-wing, Rotary wing. Among these, the Fixed-wing category will see significant growth throughout the projection period due to the expansion of the military and commercial aviation industries, as well as growing demand for cost-effective aircraft. Market Dynamics Drivers Adoption of cold forgings Cold forging is a quicker manufacturing procedure than traditional methods. This has enabled a large volume of manufacturing to be completed in a shorter amount of time, adding to the market's expansion. The adoption of the cold forgings process has been helped by the IAQG's stringent regulations for the manufacturing of aerospace parts. This has had a positive influence on the aerospace cold forgings business, allowing it to expand. Furthermore, the cold forging production method significantly decreases material loss, resulting in market growth. Advance technologies The development of advanced technologies, such as hydraulic forging presses that employ efficient hydraulic forming (EHF), reduces energy needs, improves precision, and lowers costs, therefore increasing market penetration. Players in the industry are significantly spending in R&D in order to grow their market share and streamline their business opportunities. Restraint Lack of skilled labor There are a few restraints that might slow the growth of the aerospace cold forgings market. The market may be hampered by a lack of skilled labor and a lack of composite materials with non-corrosive characteristics. Aerospace Cold Forgings Market: Key Players Precision Castparts Corp Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Arconic VSMPO-AVISMA Scot Forge Company Eramet Group Shaanxi Hongyuan Aviation Forging Co Ltd ATI Metal STS Intelli Rostec Bharat Forge Aerospace Cold Forgings Market: Regions Aerospace Cold Forgings market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Aerospace Cold Forgings market in North America held the largest market share in the year 2020. In terms of geography, the global aerospace cold forgings market is dominated by North America. The region's prosperity may be ascribed to the growing aerospace sector, which has resulted in an increase in aircraft manufacturing. In addition, increased defense spending has fueled the market's expansion in this area. Aerospace Cold Forgings market is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – China, Japan, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Aerospace Cold Forgings report also contains analysis on: Aerospace Cold Forgings Segments: By Product Type Captive Forging Catalog forging Custom forging By Type Fixed-wing Rotary wing By Platform Narrow-body Widebody Regional jets Fighter jets Helicopter Others By Aircraft Military aviation Commercial aviation General aviation By Application Landing gear Nacelle Airframe Aerospace Cold Forgings Market Dynamics Aerospace Cold Forgings Market Size Supply & Demand Current Market Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Aerospace Cold Forgings Market Report Scope and Segmentation Report Attribute Details Market size value in 2021 USD 4.29 million Revenue forecast in 2030 USD 7.94 million Growth Rate CAGR of 7.07% from 2021 to 2030 Base year for estimation 2020 Quantitative units Revenue in USD million and CAGR from 2021 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered Product type, Type, Platform, Aircraft, Application, and Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) Key companies profiled Precision Castparts Corp, Arconic, VSMPO-AVISMA, Scot Forge Company, Eramet Group, Shaanxi Hongyuan Aviation Forging Co Ltd, ATI Metal, STS Intelli, Rostec, Bharat Forge, and Other Prominent Players. Frequently Asked Questions How big is the Aerospace Cold Forgings market? What is the Aerospace Cold Forgings market growth? Which segment accounted for the largest Aerospace Cold Forgings market share? Who are the key players in the Aerospace Cold Forgings market? What are the factors driving the Aerospace Cold Forgings market? Table of ContentsContents1. Executive Summary 2. Aerospace Cold Forgings Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Aerospace Cold Forgings Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Aerospace Cold Forgings Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Aerospace Cold Forgings Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Product Type: Market Share (2020-2030F) 12.2.1. Captive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Forging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Catalog forging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.4. Custom forging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Type: Market Share (2020-2030F) 12.3.1. Fixed wing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Rotary wing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4. By Platform: Market Share (2020-2030F) 12.4.1. Narrow body, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.2. Wide body, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.3. Regional jets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.4. Fighter jets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.5. Helicopter, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.6. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5. By Aircraft: Market Share (2020-2030F) 12.5.1. Military aviation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5.2. Commercial aviation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5.3. General aviation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6. By Application: Market Share (2020-2030F) 12.6.1. Landing gear, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6.2. Nacelle, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6.3. Airframe, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13. Company Profile 13.1. Precision Castparts Corp 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Arconic 13.3. VSMPO-AVISMA 13.4. Scot Forge Company 13.5. Eramet Group 13.6. Shaanxi Hongyuan Aviation Forging Co Ltd 13.7. ATI Metal 13.8. STS Intelli 13.9. Rostec 13.10. Bharat Forge Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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