Aerospace Forging Market Size, Share, and Outlook, 2025 Report- By Material (Aluminum Alloy, Titanium, Stainless Steel, Others), By Aircraft (Fixed Wing, Rotary Wing), By Application (Rotors, Turbine Disc, Shafts, Fan Case, Others), By End-User (Commercia

Aerospace Forging Market Outlook

Aerospace Forging Market Size is forecast to reach $53 Billion in 2032 from $37.3 Billion in 2025, at an optimistic growth rate of 5.1% from 2025 to 2032. The robust Aerospace Forging Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Aerospace Forging Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Material (Aluminum Alloy, Titanium, Stainless Steel, Others), By Aircraft (Fixed Wing, Rotary Wing), By Application (Rotors, Turbine Disc, Shafts, Fan Case, Others), By End-User (Commercial, Military). Over 70 tables and charts showcase findings from our latest survey report on Aerospace Forging Markets.

Aerospace Forging Market Insights, 2025: Key Drivers and Opportunities in the Aerospace Forging Market

The Aerospace Forging market is an essential part of the aerospace manufacturing process, producing critical components that ensure the safety, performance, and longevity of aircraft. Forged parts, including structural components, engine parts, landing gear, and other high-stress elements, play a crucial role in meeting the stringent demands of the aerospace industry. As global air travel continues to expand and technological innovations transform the aerospace sector, the aerospace forging market is experiencing significant growth. Key drivers such as increased aircraft production, demand for lightweight materials, and advances in forging technologies are creating abundant opportunities within this market.

Key drivers in the aerospace forging market are led by the growing demand for lightweight, high-performance materials that can withstand extreme conditions in aerospace applications. Aircraft manufacturers are increasingly seeking to reduce weight and improve fuel efficiency, and forging technology provides a solution through the use of materials like titanium, aluminum, and nickel-based alloys. These forged components are crucial for ensuring strength, durability, and heat resistance, which are essential for the demanding environments of aircraft engines, fuselages, and wings. With aircraft manufacturers striving to optimize fuel economy and reduce operating costs, there is an ongoing push for lighter forged parts that contribute to fuel efficiency without compromising performance. This drive for lightweight designs has led to significant advancements in the development of new materials and forging techniques that cater to these needs.

The increased production rates of commercial aircraft, particularly in emerging economies like Asia-Pacific and the Middle East, are another major driver in the aerospace forging market. The global aerospace manufacturing sector has witnessed consistent growth, and as demand for air travel rises, aircraft manufacturers are ramping up production rates to meet the increasing need for new aircraft. This demand directly correlates with an increase in the need for forged aerospace components, particularly as commercial airlines are looking to modernize their fleets with new-generation aircraft. Notably, the Boeing 737 MAX and Airbus A320neo programs have spurred a surge in the production of components requiring high-precision forging, ranging from engine parts to structural elements.

Technological advancements in aerospace forging processes are opening up new opportunities for innovation. Forging techniques such as precision forging, superplastic forming, and isothermal forging are enabling the production of aerospace components with higher strength-to-weight ratios, greater precision, and reduced material waste. These techniques allow manufacturers to produce complex, lightweight components with fewer manufacturing steps, reducing time-to-market and improving overall production efficiency. Computer-aided design (CAD) and additive manufacturing (3D printing) are also being integrated with traditional forging methods, enhancing the design and customization of aerospace parts. This integration of digital technologies into the forging process helps improve the quality, consistency, and cost-efficiency of aerospace forgings.

As sustainability becomes increasingly important across industries, the aerospace forging market is experiencing a shift toward eco-friendly materials and energy-efficient manufacturing practices. Aerospace manufacturers are focusing on reducing emissions and optimizing production processes to minimize waste. Recycling metals like titanium and aluminum in the forging process is gaining traction, which allows manufacturers to lower their environmental impact while still producing high-quality parts. Companies that focus on sustainable forging solutions will have a competitive edge in an industry that is increasingly prioritizing environmental responsibility and regulatory compliance. This trend is particularly important as governments worldwide implement stricter environmental standards and manufacturers are pushed to meet green aviation goals.

Growing military budgets and increasing defense expenditures are also contributing to the demand for aerospace forgings. The military aerospace sector requires specialized forged components for fighter jets, transport aircraft, and missile systems, which are subjected to extreme stress and environmental conditions. As defense spending rises globally, particularly in North America, Europe, and the Asia-Pacific region, there is an increasing need for high-strength forged components that can meet the rigorous demands of military aviation. In particular, parts for military helicopters, aircraft engines, and landing gear require advanced forging methods due to the harsh operational environments these components must endure. This provides significant growth opportunities for aerospace forging suppliers targeting the defense sector.

Five Trends that will define global Aerospace Forging Market in 2025 and Beyond

A closer look at the multi-million global market for Aerospace Forging Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Aerospace Forging Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Aerospace Forging Industry?

The Aerospace Forging Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Aerospace Forging Market Segment Insights

The Aerospace Forging Industry presents strong offers across categories. The analytical report offers forecasts of Aerospace Forging Industry performance across segments and countries. Key segments in the industry include- By Material (Aluminum Alloy, Titanium, Stainless Steel, Others), By Aircraft (Fixed Wing, Rotary Wing), By Application (Rotors, Turbine Disc, Shafts, Fan Case, Others), By End-User (Commercial, Military). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Aerospace Forging Market size outlook is provided for 22 countries across these regions.

Aerospace Forging Industry Value Chain

The chapter identifies potential companies and their operations across the global Aerospace Forging Industry ecosystem. It assists decision-makers in evaluating global Aerospace Forging Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Aerospace Forging Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Aerospace Forging Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Aerospace Forging Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Aerospace Forging Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Aerospace Forging Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Aerospace Forging Market Insights- Executives are most excited about opportunities for the US Aerospace Forging Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Aerospace Forging Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Aerospace Forging Market.

Latin American Aerospace Forging Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Aerospace Forging Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Aerospace Forging Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Aerospace Forging Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Aerospace Forging Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Arconic Inc, Bharat Forge Ltd, Consolidated Industries Inc, ELLWOOD Group Inc, Fountaintown Forge Inc, Jiangyin Hengrun Heavy Industries Co. Ltd, Larsen & Toubro Ltd, Pacific Forge Inc, Precision Castparts Corp, Scot Forge Company.

Aerospace Forging Market Scope and Segmentation

By Material

Aluminum Alloy

Titanium

Stainless Steel

Others

By Aircraft

Fixed Wing

Rotary Wing

By Application

Rotors

Turbine Disc

Shafts

Fan Case

Others

By End-User

Commercial

Military

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Aerospace Forging Market Research-

Arconic Inc

Bharat Forge Ltd

Consolidated Industries Inc

ELLWOOD Group Inc

Fountaintown Forge Inc

Jiangyin Hengrun Heavy Industries Co. Ltd

Larsen & Toubro Ltd

Pacific Forge Inc

Precision Castparts Corp

Scot Forge Company.

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.