Aircraft Open Die Forging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, and General Aviation), By Application Type (Airframe and Engine), By Component Size Type (Small Components and Large Components), By Region 2019-2029

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 4.79 Billion

CAGR (2024-2029)

6.74%

Fastest Growing Segment

Large Components

Largest Market

North America


Market Overview

Global Aircraft Open Die Forging Market has valued at USD 4.79 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 6.74% through 2029. The global Aircraft Open Die Forging Market has witnessed remarkable growth in recent years and is projected to maintain its upward trajectory in the foreseeable future. This growth can be attributed to several factors, including the rising demand for technologically advanced aircraft that offer superior performance and fuel efficiency. Additionally, increased military spending across various countries and the expanding travel industry are further driving the market's expansion. As governments invest in modernizing their defense capabilities and the aviation sector continues to flourish, the demand for open die forging in the aircraft industry is expected to surge. The use of high-quality forged components ensures the structural integrity and reliability of aircraft, making open die forging a vital process in the manufacturing of aircraft parts. With these factors in play, the Aircraft Open Die Forging Market is poised for sustained growth and presents lucrative opportunities for industry players in the years to come.

Open die forging plays a crucial role in the aircraft manufacturing industry. It involves shaping metals, alloys, or other materials under high pressure to produce robust, high-strength components resistant to fatigue and stress. These components can withstand the demanding conditions of aircraft operation, making them indispensable in the aerospace industry.

As air travel becomes increasingly accessible and popular worldwide, the need for new and more efficient aircraft is skyrocketing. This trend, coupled with advancements in material technology and forging processes, is leading to an increased demand for open die forgings.

A significant driver for market growth is increased military spending worldwide. As countries bolster their defense capabilities, demand for military aircraft and their open die forged components is rising.

The market isn't without its challenges though. The high cost of the forging process and the need for skilled labor can act as market growth limiters. However, the push towards automation and the adoption of Industry 4.0 practices may help mitigate these issues.

Market players include major companies such as Precision Castparts Corp, Arconic, Eramet Group, Fountaintown Forge, and Bharat Forge Limited. These companies are investing heavily in R&D to enhance their product quality and operational efficiency, paving the way for innovations in the sector.

From a regional perspective, North America is expected to dominate the market due to high defense spending and a well-established aviation industry. Meanwhile, Asia-Pacific is forecasted to experience the fastest growth, led by China and India's expanding aviation sectors.

To summarize, the global Aircraft Open Die Forging Market is poised for substantial growth due to increased demand for aircraft, advancements in forging technology, and increased defense spending. However, market players will need to navigate the challenges of high operation costs and labor shortages. As the market matures, players who innovate and adapt to these challenges will likely stand out and drive the market forward.

Market Drivers

Demand for Lightweight and High-Strength Components

A primary driver for the Global Aircraft Open Die Forging Market is the escalating demand for lightweight and high-strength components in the aerospace industry. As aircraft manufacturers strive to enhance fuel efficiency and overall performance, the emphasis on reducing the weight of structural elements becomes paramount. Open die forging, a metalworking process that shapes metal between flat dies with no pre-cut profiles, offers a unique advantage in producing components with exceptional strength-to-weight ratios. This process allows for the creation of parts that are not only robust and durable but also significantly lighter compared to alternatives. The weight savings achieved through open die forging contribute to the overall fuel efficiency of aircraft, aligning with industry objectives to meet stringent environmental standards and operational cost-effectiveness.

The demand for lightweight components is particularly crucial in modern aircraft designs, including commercial airliners and military platforms, where every kilogram saved translates into improved fuel economy and extended operational range. Open die forging, with its ability to maintain material integrity and structural soundness while achieving complex shapes and reducing weight, emerges as a key enabler in meeting these demands. As a result, the increasing emphasis on lightweight and high-strength components acts as a powerful driver propelling the growth of the Aircraft Open Die Forging Market.

Capability to Produce Large and Complex Parts

The Aircraft Open Die Forging Market is driven by the unique capability of open die forging to produce large and complex parts critical for aviation applications. Unlike closed die forging, where the metal is enclosed within dies with pre-cut profiles, open die forging allows for greater flexibility in shaping larger and more intricate components. This flexibility is especially advantageous in the aerospace industry, where the production of large and complex parts is a common requirement for various aircraft systems, including landing gear components, engine shafts, and structural elements.

The ability to forge large and complex parts is essential in meeting the evolving needs of modern aircraft designs, which often feature intricate geometries and substantial dimensions. Open die forging accommodates these requirements by allowing the production of components that would be challenging or impractical with other manufacturing methods. The resulting parts exhibit superior structural integrity, with improved fatigue resistance and reduced material waste compared to alternative processes. This capability positions open die forging as a preferred method for manufacturing critical aerospace components, driving the demand for open die forged parts in the Aircraft Open Die Forging Market.

Strategic Focus on Engine Components

Engine components represent a significant driver for the Aircraft Open Die Forging Market, fueled by the strategic importance of these parts in aviation. Aircraft engines operate under extreme conditions, subject to high temperatures, pressures, and dynamic forces. As a result, the materials used in engine components must possess exceptional strength, heat resistance, and durability. Open die forging excels in the production of engine components, such as turbine disks, shafts, and connecting rods, due to its ability to create parts with superior metallurgical properties.

The demand for open die forged engine components is particularly pronounced as aircraft manufacturers and engine OEMs seek to enhance the performance and efficiency of propulsion systems. Open die forging ensures the production of engine parts with refined grain structures, reduced porosity, and optimal material characteristics, contributing to enhanced reliability and longevity. The strategic focus on engine components aligns with the aviation industry's constant pursuit of innovation and efficiency, positioning open die forging as a key driver in meeting the stringent requirements of modern aircraft propulsion systems.

Growing Commercial Aircraft Production Rates

The Global Aircraft Open Die Forging Market is significantly influenced by the growing production rates of commercial aircraft worldwide. The aviation industry is experiencing sustained demand for new commercial airplanes to cater to increasing air travel, driven by factors such as rising passenger numbers, economic growth, and expanding global connectivity. As aircraft manufacturers ramp up production rates to meet these demands, the need for forged components, including those produced through open die forging, witnesses a parallel increase.

Open die forging plays a crucial role in supporting the production of various structural and engine components for commercial aircraft. Landing gear parts, wing components, and critical elements of the airframe often undergo open die forging to meet the industry's stringent standards for performance and safety. The surge in commercial aircraft production rates directly translates to heightened demand for open die forged components. Original equipment manufacturers (OEMs) and their suppliers leverage the capabilities of open die forging to ensure the timely and efficient supply of high-quality, precision-engineered parts, reinforcing the market's growth momentum.

Focus on Military Aircraft Modernization

Military aircraft modernization initiatives worldwide contribute significantly to the growth of the Aircraft Open Die Forging Market. As various armed forces prioritize the upgrading and modernization of their air fleets, the demand for forged components tailored to the specific requirements of military aviation increases. Open die forging is well-suited to meet the unique challenges posed by military aircraft applications, providing the necessary strength, durability, and performance characteristics demanded by defense applications.

Military aircraft, whether fixed-wing or rotary-wing, require components that can withstand extreme conditions, including high-stress operations, rapid acceleration, and combat scenarios. Open die forging addresses these demands by producing parts with superior mechanical properties, resistance to fatigue, and the ability to withstand harsh environments. Components such as landing gear parts, structural elements, and critical engine components benefit from the advantages offered by open die forging in meeting the stringent standards of military aviation. The focus on military aircraft modernization, driven by geopolitical considerations and the need for advanced capabilities, amplifies the demand for open die forged components in the Aerospace Open Die Forging Market.

 

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Key Market Challenges

Stringent Regulatory Compliance and Certification Requirements

One of the primary challenges faced by the Global Aircraft Open Die Forging Market is the adherence to stringent regulatory compliance and certification requirements. The aerospace industry operates within a highly regulated environment governed by aviation authorities such as the Federal Aviation Administration (FAA) in the United States, the European Union Aviation Safety Agency (EASA) in Europe, and similar agencies worldwide. Aircraft components, including those produced through open die forging, must meet rigorous standards to ensure safety, reliability, and compliance with industry regulations.

The certification process involves extensive testing, documentation, and validation procedures to verify that the open die forged components meet the specified criteria for material properties, structural integrity, and performance under varying conditions. Navigating this complex regulatory landscape requires meticulous attention to detail, investment in quality management systems, and collaboration with regulatory authorities. Any deviation from the prescribed standards can lead to delays in product approvals, increased production costs, and potential legal consequences. The challenge lies in maintaining compliance with evolving regulations while ensuring efficient and timely production to meet the demands of the aerospace industry.

Supply Chain Disruptions and Raw Material Availability

The Global Aircraft Open Die Forging Market faces challenges related to supply chain disruptions and the availability of raw materials. The production of open die forged components relies on a complex global supply chain network, encompassing raw material suppliers, forging facilities, and aerospace OEMs. Any disruption in the supply chain, whether caused by geopolitical factors, natural disasters, or unexpected events such as the COVID-19 pandemic, can have cascading effects on manufacturing timelines and cost structures.

Raw material availability, including specialized alloys and metals used in open die forging, is a critical consideration. The scarcity or unpredictability of these materials can impact the production capacity of open die forging facilities, leading to increased costs and potential delays. Strategic sourcing, supplier diversification, and contingency planning become essential strategies to mitigate the risks associated with supply chain disruptions. The challenge is to establish resilient supply chain mechanisms that ensure a steady and secure flow of raw materials to meet the demands of the Aircraft Open Die Forging Market.

Intensive Competitive Pressures and Pricing Dynamics

Intensive competitive pressures and pricing dynamics pose challenges for participants in the Aircraft Open Die Forging Market. The aerospace industry is marked by fierce competition, with open die forging suppliers vying for contracts from major OEMs and tier-one suppliers. The pricing of open die forged components is often subject to negotiation and cost pressures from aerospace customers seeking cost-effective solutions without compromising quality.

This competitive landscape places significant pressure on open die forging manufacturers to optimize their production processes, reduce costs, and offer competitive pricing while maintaining profitability. The constant need to invest in technology, skilled labor, and process improvements requires strategic decision-making to navigate the competitive pressures and achieve sustainable growth. Balancing cost-effectiveness with maintaining high-quality standards is a continual challenge for open die forging suppliers as they strive to secure and retain contracts in the highly competitive Aircraft Open Die Forging Market.

Technological Advancements and Automation Integration

The rapid pace of technological advancements in metalworking and manufacturing processes presents a challenge for the Aircraft Open Die Forging Market. As new technologies emerge, including advanced simulation tools, artificial intelligence, and automation, open die forging manufacturers must adapt to stay competitive. The integration of automation into forging processes enhances efficiency, reduces labor costs, and improves overall production speed.

However, the challenge lies in the significant capital investment required for the adoption of these advanced technologies. Open die forging facilities may face hurdles in upgrading existing equipment and implementing automation without disrupting ongoing production. Workforce training and upskilling become essential to ensure that personnel can operate and maintain automated systems effectively. Additionally, striking a balance between embracing technological advancements and preserving the craftsmanship and expertise inherent in open die forging processes poses a nuanced challenge for the industry.

Environmental and Sustainability Considerations

The Aircraft Open Die Forging Market is confronted with challenges related to environmental and sustainability considerations. As industries globally prioritize environmentally friendly practices and sustainability, the aerospace sector is under increased scrutiny to reduce its environmental impact. Open die forging, while offering significant advantages in terms of producing high-strength and durable components, requires energy-intensive processes and the use of substantial raw materials.

Manufacturers in the Aircraft Open Die Forging Market are compelled to address concerns related to carbon emissions, energy consumption, and waste generation. Implementing sustainable practices, such as recycling and minimizing material waste, becomes imperative. Moreover, the industry must explore cleaner and more energy-efficient technologies to align with global sustainability goals. The challenge lies in developing and implementing environmentally responsible practices without compromising the integrity and performance of open die forged components.

Key Market Trends

Advancements in Material Science and Alloy Development

A significant trend shaping the Global Aircraft Open Die Forging Market is the continuous advancements in material science and alloy development. The aerospace industry's quest for lightweight, high-strength, and durable components has driven researchers and manufacturers to explore innovative materials and alloys. Open die forging, as a key metalworking process in aerospace manufacturing, directly benefits from these advancements.

Traditional materials such as titanium, aluminum, and nickel-based alloys have been mainstays in open die forging for aerospace applications. However, ongoing research aims to enhance the properties of these materials and introduce new alloys with improved characteristics. For example, the development of advanced aluminum alloys, like those in the 7000 series, offers a compelling combination of strength, corrosion resistance, and weight savings. Similarly, innovations in titanium alloys contribute to achieving higher strength-to-weight ratios. These advancements in material science enable open die forging to produce components that meet the evolving demands of modern aircraft designs, supporting trends toward fuel efficiency and performance optimization.

The trend also includes the exploration of composite materials, reinforced with fibers such as carbon or glass, which present opportunities for further weight reduction without compromising structural integrity. As the Aircraft Open Die Forging Market evolves, the integration of these advanced materials into the open die forging process becomes a key trend, influencing the development of next-generation aerospace components.

Rise of Industry 4.0 and Digitalization

The rise of Industry 4.0 and the broader trend of digitalization are transforming the landscape of the Aircraft Open Die Forging Market. Industry 4.0 refers to the integration of digital technologies, data analytics, and smart manufacturing principles into industrial processes. In the context of open die forging, this trend involves the adoption of advanced technologies to enhance efficiency, productivity, and quality throughout the manufacturing lifecycle.

Digital twin technology, which creates virtual replicas of physical objects or processes, is becoming increasingly prevalent in open die forging. By simulating forging processes in a virtual environment, manufacturers can optimize parameters, identify potential issues, and improve overall process efficiency before physical production begins. This not only reduces the risk of defects but also contributes to a more streamlined and cost-effective manufacturing process.

The implementation of sensors and real-time monitoring systems in open die forging facilities allows for continuous data collection. This data can be analyzed to gain insights into the performance of forging equipment, monitor the quality of produced components, and enable predictive maintenance. The integration of these digital technologies enhances overall equipment efficiency, reduces downtime, and ensures consistent product quality.

Additionally, the use of Computer Numerical Control (CNC) machining systems, which are part of the Industry 4.0 framework, brings precision and automation to open die forging processes. These technologies enable a higher degree of control over the forging process, resulting in components with tighter tolerances and improved repeatability. As the Aircraft Open Die Forging Market embraces these digitalization trends, manufacturers gain a competitive edge by optimizing their operations and meeting the growing demand for precision-engineered components.

Customization and Complexity in Component Design

The trend towards customization and complexity in component design is a notable driver in the Aircraft Open Die Forging Market. Modern aircraft designs often require components with intricate geometries, tailored to specific functions and operational requirements. Open die forging's inherent flexibility in shaping metal without pre-cut profiles positions it as a preferred method for producing custom and complex components.

Aircraft manufacturers increasingly seek open die forging for the production of parts that may be challenging or impractical to manufacture using alternative methods. Landing gear components, engine shafts, and structural elements are examples of components where customization and complexity are paramount. Open die forging allows for the creation of parts with optimized internal structures, reduced material waste, and improved overall performance.

The trend also aligns with the aerospace industry's focus on lightweighting and fuel efficiency. By customizing component designs through open die forging, manufacturers can achieve weight reduction without compromising structural integrity. This is particularly crucial as the demand for aircraft with improved fuel economy continues to grow. The ability of open die forging to accommodate intricate designs and produce customized components positions it as a key player in meeting the evolving needs of modern aerospace engineering.

Focus on Energy Efficiency and Sustainable Practices

Energy efficiency and sustainable practices have become central themes in the Aircraft Open Die Forging Market. As industries worldwide embrace environmentally friendly practices, the aerospace sector, including open die forging, is under increased pressure to reduce its carbon footprint and adopt sustainable manufacturing processes.

Open die forging inherently requires substantial energy inputs, primarily in the form of heat for metal deformation. The trend involves a strategic focus on optimizing energy consumption and exploring alternative, more environmentally friendly heat sources. Additionally, the industry is exploring the use of recycled materials, such as recycled metal scrap, to minimize the environmental impact of open die forging processes.

Sustainable forging practices also encompass waste reduction and material efficiency. Open die forging, with its ability to shape metal with minimal material waste, is inherently more sustainable compared to certain subtractive manufacturing methods. Manufacturers are actively working to further minimize waste through precision forging and improved process control.

Certification bodies and industry standards increasingly consider the environmental impact of manufacturing processes. As a result, open die forging facilities are adopting certifications such as ISO 14001 for environmental management, signaling a commitment to sustainable practices. This trend reflects the aerospace industry's broader push towards environmental responsibility and the integration of sustainable principles into every stage of the manufacturing lifecycle.

Globalization of Supply Chains and Collaboration

The globalization of supply chains and a trend towards increased collaboration are influencing the dynamics of the Aircraft Open Die Forging Market. Aerospace OEMs and suppliers are strategically expanding their supplier networks globally to capitalize on cost advantages, access specialized expertise, and mitigate risks associated with geopolitical uncertainties.

This trend involves forging facilities establishing collaborations and partnerships with aerospace manufacturers and suppliers across different regions. The aim is to create a diversified and resilient supply chain that can efficiently meet the demands of a globalized aerospace industry. The globalization of supply chains allows open die forging manufacturers to tap into specific capabilities and technologies offered by different regions, enhancing their overall competitiveness.

Collaboration extends beyond geographical boundaries, with open die forging facilities working closely with aerospace OEMs, tier-one suppliers, and research institutions. Joint ventures and collaborative research efforts contribute to the development of new materials, processes, and technologies, further elevating the capabilities of open die forging in meeting aerospace industry requirements.

While globalization brings advantages in terms of access to diverse markets and resources, it also introduces challenges related to logistics, quality control, and regulatory compliance across different regions. Open die forging facilities need to navigate these challenges effectively to maximize the benefits of a globalized supply chain and collaborative partnerships.

Segmental Insights

Aircraft Type Analysis   

The Aircraft Open Die Forging Market is a niche but critical component of the aviation industry. Open die forging involves the shaping of heated metal parts between a top die attached to a ram and a bottom die attached to a hammer, anvil, or bolster. In the context of aviation, this process is used to create robust and reliable parts for various types of aircraft. From commercial airliners to military fighter jets, open die forging plays a pivotal role in ensuring these machines are constructed to the highest standards of durability and safety.

 

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Regional Insights

Regionally, the Aircraft Open Die Forging Market exhibits significant variations due to factors such as industrial development, technological advancements, and geopolitical influences. In North America, the market thrives due to the robust aviation industry and a strong network of suppliers and manufacturers. Meanwhile, in regions like Asia-Pacific, rapid industrialization coupled with increased spending on defense and commercial airlines propels market growth. However, in less industrialized regions, the market faces challenges in terms of limited technological infrastructure and stringent trade policies.

Key Market Players

  • Precision Castparts Corp.
  • Forgital Group
  • 9ATI Inc.
  • Doncasters Group
  • Voestalpine BÖHLER Aerospace GmbH & Co KG
  • Aubert & Duval SAS
  • Otto Fuchs KG
  • Howmet Aerospace


By Aircraft Type

By Component Size Type

By Application

By Region
  • Commercial Aircraft
  • Regional Aircraft
  • Helicopter
  • Military Aircraft
  • General Aviation
  • Small Components
  • Large Components
  • Airframe
  • Engine
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa


Report Scope:

In this report, the Global Aircraft Open Die Forging Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Aircraft Open Die Forging Market, By Aircraft Type:

o   Commercial Aircraft

o   Regional Aircraft

o   Helicopter

o   Military Aircraft

o   General Aviation

  • Aircraft Open Die Forging Market, By Component Size Type:

o   Small Components

o   Large Components

  • Aircraft Open Die Forging Market, By Application:

o   Airframe

o   Engine

  • Aircraft Open Die Forging Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aircraft Open Die Forging Market.

Available Customizations:

Global Aircraft Open Die Forging Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Methodology Landscape

2.2.  Objective of the Study

2.3.  Baseline Methodology

2.4.  Formulation of the Scope

2.5.  Assumptions and Limitations

2.6.  Sources of Research

2.7.  Approach for the Market Study

2.8.  Methodology Followed for Calculation of Market Size & Market Shares

2.9.  Forecasting Methodology

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Aircraft Open Die Forging Market

5.    Global Aircraft Open Die Forging Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Aircraft Type Market Share Analysis (Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, and General Aviation)

5.2.2.     By Application Type Market Share Analysis (Airframe and Engine)

5.2.3.     By Component Size Type Market Share Analysis (Small Components and Large Components)  

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         Asia-Pacific Market Share Analysis

5.2.4.2.         Europe & CIS Market Share Analysis

5.2.4.3.         North America Market Share Analysis

5.2.4.4.         South America Market Share Analysis

5.2.4.5.         Middle East & Africa Market Share Analysis

5.2.5.     By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Aircraft Open Die Forging Market Mapping & Opportunity Assessment

5.3.1.     By Aircraft Type Market Mapping & Opportunity Assessment

5.3.2.     By Component Size Type Market Mapping & Opportunity Assessment

5.3.3.     By Application Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Aircraft Open Die Forging Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value  

6.2.  Market Share & Forecast

6.2.1.     By Aircraft Type Market Share Analysis

6.2.2.     By Component Size Type Market Share Analysis

6.2.3.     By Application Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         China Market Share Analysis

6.2.4.2.         India Market Share Analysis

6.2.4.3.         Japan Market Share Analysis

6.2.4.4.         Indonesia Market Share Analysis

6.2.4.5.         Thailand Market Share Analysis

6.2.4.6.         South Korea Market Share Analysis

6.2.4.7.         Australia Market Share Analysis

6.2.4.8.         Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Aircraft Open Die Forging Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value  

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Aircraft Type Market Share Analysis

6.3.1.2.2.             By Component Size Type Market Share Analysis

6.3.1.2.3.             By Application Market Share Analysis

6.3.2.     India Aircraft Open Die Forging Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value  

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Aircraft Type Market Share Analysis

6.3.2.2.2.             By Component Size Type Market Share Analysis

6.3.2.2.3.             By Application Market Share Analysis

6.3.3.     Japan Aircraft Open Die Forging Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value  

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Aircraft Type Market Share Analysis

6.3.3.2.2.             By Component Size Type Market Share Analysis

6.3.3.2.3.             By Application Market Share Analysis

6.3.4.     Indonesia Aircraft Open Die Forging Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value  

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Aircraft Type Market Share Analysis

6.3.4.2.2.             By Component Size Type Market Share Analysis

6.3.4.2.3.             By Application Market Share Analysis

6.3.5.     Thailand Aircraft Open Die Forging Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value  

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Aircraft Type Market Share Analysis

6.3.5.2.2.             By Component Size Type Market Share Analysis

6.3.5.2.3.             By Application Market Share Analysis

6.3.6.     South Korea Aircraft Open Die Forging Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value  

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Aircraft Type Market Share Analysis

6.3.6.2.2.             By Component Size Type Market Share Analysis

6.3.6.2.3.             By Application Market Share Analysis

6.3.7.     Australia Aircraft Open Die Forging Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value  

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Aircraft Type Market Share Analysis

6.3.7.2.2.             By Component Size Type Market Share Analysis

6.3.7.2.3.             By Application Market Share Analysis

7.    Europe & CIS Aircraft Open Die Forging Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value  

7.2.  Market Share & Forecast

7.2.1.     By Aircraft Type Market Share Analysis

7.2.2.     By Component Size Type Market Share Analysis

7.2.3.     By Application Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         Germany Market Share Analysis

7.2.4.2.         Spain Market Share Analysis

7.2.4.3.         France Market Share Analysis

7.2.4.4.         Russia Market Share Analysis

7.2.4.5.         Italy Market Share Analysis

7.2.4.6.         United Kingdom Market Share Analysis

7.2.4.7.         Belgium Market Share Analysis

7.2.4.8.         Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.     Germany Aircraft Open Die Forging Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value  

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Aircraft Type Market Share Analysis

7.3.1.2.2.             By Component Size Type Market Share Analysis

7.3.1.2.3.             By Application Market Share Analysis

7.3.2.     Spain Aircraft Open Die Forging Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value  

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Aircraft Type Market Share Analysis

7.3.2.2.2.             By Component Size Type Market Share Analysis

7.3.2.2.3.             By Application Market Share Analysis

7.3.3.     France Aircraft Open Die Forging Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value  

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Aircraft Type Market Share Analysis

7.3.3.2.2.             By Component Size Type Market Share Analysis

7.3.3.2.3.             By Application Market Share Analysis

7.3.4.     Russia Aircraft Open Die Forging Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value  

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Aircraft Type Market Share Analysis

7.3.4.2.2.             By Component Size Type Market Share Analysis

7.3.4.2.3.             By Application Market Share Analysis

7.3.5.     Italy Aircraft Open Die Forging Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value  

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Aircraft Type Market Share Analysis

7.3.5.2.2.             By Component Size Type Market Share Analysis

7.3.5.2.3.             By Application Market Share Analysis

7.3.6.     United Kingdom Aircraft Open Die Forging Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value  

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Aircraft Type Market Share Analysis

7.3.6.2.2.             By Component Size Type Market Share Analysis

7.3.6.2.3.             By Application Market Share Analysis

7.3.7.     Belgium Aircraft Open Die Forging Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value  

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Aircraft Type Market Share Analysis

7.3.7.2.2.             By Component Size Type Market Share Analysis

7.3.7.2.3.             By Application Market Share Analysis

8.    North America Aircraft Open Die Forging Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value  

8.2.  Market Share & Forecast

8.2.1.     By Aircraft Type Market Share Analysis

8.2.2.     By Component Size Type Market Share Analysis

8.2.3.     By Application Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         United States Market Share Analysis

8.2.4.2.         Mexico Market Share Analysis

8.2.4.3.         Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.     United States Aircraft Open Die Forging Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value  

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Aircraft Type Market Share Analysis

8.3.1.2.2.             By Component Size Type Market Share Analysis

8.3.1.2.3.             By Application Market Share Analysis

8.3.2.     Mexico Aircraft Open Die Forging Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value  

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Aircraft Type Market Share Analysis

8.3.2.2.2.             By Component Size Type Market Share Analysis

8.3.2.2.3.             By Application Market Share Analysis

8.3.3.     Canada Aircraft Open Die Forging Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value  

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Aircraft Type Market Share Analysis

8.3.3.2.2.             By Component Size Type Market Share Analysis

8.3.3.2.3.             By Application Market Share Analysis

9.    South America Aircraft Open Die Forging Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value  

9.2.  Market Share & Forecast

9.2.1.     By Aircraft Type Market Share Analysis

9.2.2.     By Component Size Type Market Share Analysis

9.2.3.     By Application Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         Brazil Market Share Analysis

9.2.4.2.         Argentina Market Share Analysis

9.2.4.3.         Colombia Market Share Analysis

9.2.4.4.         Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.     Brazil Aircraft Open Die Forging Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value  

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Aircraft Type Market Share Analysis

9.3.1.2.2.             By Component Size Type Market Share Analysis

9.3.1.2.3.             By Application Market Share Analysis

9.3.2.     Colombia Aircraft Open Die Forging Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value  

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Aircraft Type Market Share Analysis

9.3.2.2.2.             By Component Size Type Market Share Analysis

9.3.2.2.3.             By Application Market Share Analysis

9.3.3.     Argentina Aircraft Open Die Forging Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value  

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Aircraft Type Market Share Analysis

9.3.3.2.2.             By Component Size Type Market Share Analysis

9.3.3.2.3.             By Application Market Share Analysis

10.  Middle East & Africa Aircraft Open Die Forging Market Outlook

10.1.             Market Size & Forecast

10.1.1.  By Value   

10.2.             Market Share & Forecast

10.2.1.  By Aircraft Type Market Share Analysis

10.2.2.  By Component Size Type Market Share Analysis

10.2.3.  By Application Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      South Africa Market Share Analysis

10.2.4.2.      Turkey Market Share Analysis

10.2.4.3.      Saudi Arabia Market Share Analysis

10.2.4.4.      UAE Market Share Analysis

10.2.4.5.      Rest of Middle East & Africa Market Share Africa

10.3.             Middle East & Africa: Country Analysis

10.3.1.  South Africa Aircraft Open Die Forging Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value  

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Aircraft Type Market Share Analysis

10.3.1.2.2.           By Component Size Type Market Share Analysis

10.3.1.2.3.           By Application Market Share Analysis

10.3.2.  Turkey Aircraft Open Die Forging Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value  

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Aircraft Type Market Share Analysis

10.3.2.2.2.           By Component Size Type Market Share Analysis

10.3.2.2.3.           By Application Market Share Analysis

10.3.3.  Saudi Arabia Aircraft Open Die Forging Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value  

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Aircraft Type Market Share Analysis

10.3.3.2.2.           By Component Size Type Market Share Analysis

10.3.3.2.3.           By Application Market Share Analysis

10.3.4.  UAE Aircraft Open Die Forging Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value  

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Aircraft Type Market Share Analysis

10.3.4.2.2.           By Component Size Type Market Share Analysis

10.3.4.2.3.           By Application Market Share Analysis

11.  SWOT Analysis

11.1.             Strength

11.2.             Weakness

11.3.             Opportunities

11.4.             Threats

12.  Market Dynamics

12.1.             Market Drivers

12.2.             Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.             Company Profiles (Up to 10 Major Companies)

14.1.1.  Howmet Aerospace

14.1.1.1.      Company Details

14.1.1.2.      Key Product Offered

14.1.1.3.      Financials (As Per Availability)

14.1.1.4.      Recent Developments

14.1.1.5.      Key Management Personnel

14.1.2.  Precision Castparts Corp.

14.1.2.1.      Company Details

14.1.2.2.      Key Product Offered

14.1.2.3.      Financials (As Per Availability)

14.1.2.4.      Recent Developments

14.1.2.5.      Key Management Personnel

14.1.3.  Forgital Group

14.1.3.1.      Company Details

14.1.3.2.      Key Product Offered

14.1.3.3.      Financials (As Per Availability)

14.1.3.4.      Recent Developments

14.1.3.5.      Key Management Personnel

14.1.4.  9ATI Inc.

14.1.4.1.      Company Details

14.1.4.2.      Key Product Offered

14.1.4.3.      Financials (As Per Availability)

14.1.4.4.      Recent Developments

14.1.4.5.      Key Management Personnel

14.1.5.  Doncasters Group

14.1.5.1.      Company Details

14.1.5.2.      Key Product Offered

14.1.5.3.      Financials (As Per Availability)

14.1.5.4.      Recent Developments

14.1.5.5.      Key Management Personnel

14.1.6.  Voestalpine BÖHLER Aerospace GmbH & Co KG

14.1.6.1.      Company Details

14.1.6.2.      Key Product Offered

14.1.6.3.      Financials (As Per Availability)

14.1.6.4.      Recent Developments

14.1.6.5.      Key Management Personnel

14.1.7.  Aubert & Duval SAS

14.1.7.1.      Company Details

14.1.7.2.      Key Product Offered

14.1.7.3.      Financials (As Per Availability)

14.1.7.4.      Recent Developments

14.1.7.5.      Key Management Personnel

14.1.8.  Otto Fuchs KG

14.1.8.1.      Company Details

14.1.8.2.      Key Product Offered

14.1.8.3.      Financials (As Per Availability)

14.1.8.4.      Recent Developments

14.1.8.5.      Key Management Personnel

15.  Strategic Recommendations

15.1.             Key Focus Areas

15.1.1.  Target Regions

15.1.2.  Target Aircraft Type

15.1.3.  Target Component Size Type

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Aircraft Open Die Forging Market was estimated to be USD 4.79 Billion in 2023.

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In 2023, the Global Aircraft Open Die Forging Market was predominantly driven by the Large Components segment by Component Size Type. This segment outperformed the Small Components segment, reflecting the growing demand for larger aircraft parts and assemblies in the aviation industry.

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North America currently dominates the Global Aircraft Open Die Forging Market. This region, spearheaded by the United States, is home to some of the world's largest and most renowned aerospace manufacturers. The strong presence of these heavyweights, coupled with the high demand for both commercial and military aircraft, contributes to North America's leading position in the market.

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The Global Aircraft Open Die Forging Market is driven by the increasing demand for lightweight and high-strength components in aircraft manufacturing, coupled with the ability of open die forging to produce large, complex, and customized parts critical for aviation applications. The market is further propelled by the aerospace industry's pursuit of enhanced fuel efficiency and performance, emphasizing the role of open die forging in producing structurally sound components for modern aircraft.

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Srishti Verma

Business Consultant
Press Release

Aircraft Open Die Forging Market to Grow 6.74% CAGR through to 2029

Jan, 2024

The Global Aircraft Open Die Forging Market is driven by the increasing demand for lightweight and high-strength components in aircraft manufacturing, coupled with the ability of open die forging to

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