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Aerospace Cold Forgings Market Share

Report ID: GMI3081
Published Date: Aug 2021
Report Format: PDF

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Aerospace Cold Forgings Market Share

Prominent companies functioning in the aerospace cold forgings market are

Precision Castparts Corp.
Eramet
Scot Forge
ATI Metal
Bharat Forge
VSMPO-AVISMA Corporation
Arconic
Shaanxi Hongyuan Aviation Forging Co., Ltd.

These major market participants are involved in several strategic initiatives to gain a competitive edge over other manufacturers and to improve business profitability. Key initiatives include mergers, acquisitions, product launches, partnerships, geographical expansion, production capacity expansion, and others.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size of aerospace cold forging surpassed USD 2.5 million in 2020 and will grow at a CAGR of 8.3% between 2021 and 2027.

Fixed-wing platforms will capture more than 80% of the market revenue by 2027 owing to the surging air connectivity routes and the introduction of new air travel destinations.

The Europe industry will generate a demand of more than 600 kilo tons through 2027 impelled by the development of advanced manufacturing technologies in the region.

Major participants in the market comprise Eramet, ATI Metal, Arconic, Precision Castparts Corp., Shaanxi Hongyuan Aviation Forging Co., Ltd., and others.