Global Aerospace Cold Forgings Market Size study, By Platform (Fixed Wing, Rotary Wing), By Application (Airframe, Landing Gear, Nacelle), and Regional Forecasts 2022-2028

Global Aerospace Cold Forgings Market Size study, By Platform (Fixed Wing, Rotary Wing), By Application (Airframe, Landing Gear, Nacelle), and Regional Forecasts 2022-2028

Global Aerospace Cold Forgings Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Aerospace cold forging is a special manufacturing process that is performed in order to deliver high dimensional precision and greater surface finish on aerospace parts and their components. The surging demand in commercial and defense aerospace, increasing air passenger traffic, coupled with the growing regional jet demand are the key factors soaring the global market demand. According to the World Data Bank, in 2015, the air passenger traffic was recorded at 3.47 billion people and it increased in 2019 to 4.56 billion passengers. Therefore, the rise in air traffic is burgeoning the demand for Aerospace Cold Forgings, which, in turn, excels the market growth across the globe. However, the rising usage of composite materials and a dearth of skilled professionals impede the growth of the market over the forecast period of 2022-2028. Also, the rising technological advancements and increasing government support are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Aerospace Cold Forgings Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the rising development of advanced manufacturing technologies and availability of funding by the regional aircraft manufacturing industry. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surging demand for commercial aircraft, as well as rising investments in technological advancements, would create lucrative growth prospects for the Aerospace Cold Forgings Market across the Asia-Pacific region.

Major market players included in this report are:
Precision Castparts Corp
Arconic
VSMPO-AVISMA
Scot Forge Company
Eramet Group
Shaanxi Hongyuan Aviation Forging Co Ltd
ATI Metal
STS Intelli
Rostec
Bharat Forge

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Platform:
Fixed Wing
Rotary Wing
By Application:
Airframe
Landing Gear
Nacelle
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Aerospace Cold Forgings Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Precision Castparts Corp
Arconic
VSMPO-AVISMA
Scot Forge Company
Eramet Group
Shaanxi Hongyuan Aviation Forging Co Ltd
ATI Metal
STS Intelli
Rostec
Bharat Forge

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