Report overview
Forging is a manufacturing process involving the shaping of a metal through hammering, pressing, or rolling. These compressive forces are delivered with a hammer or die. Forging is often categorized according to the temperature at which it is performed?cold, warm, or hot forging. A wide range of metals can be forged. Typical metals used in forging include carbon steel, alloy steel, and stainless steel. Very soft metals such as aluminum, brass, and copper can also be forged. Forging process is economically sound with the ability to mass produce parts, and achieve specific mechanical properties in the finished product. Forging is now a worldwide industry with modern forging facilities producing high-quality metal parts in a vast array of sizes, shapes, materials, and finishes.
This report aims to provide a comprehensive presentation of the global market for Defense and Aerospace Forgings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Defense and Aerospace Forgings. This report contains market size and forecasts of Defense and Aerospace Forgings in global, including the following market information:
Global Defense and Aerospace Forgings Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Defense and Aerospace Forgings Market Sales, 2018-2023, 2024-2029, (K Tons)
Global top five Defense and Aerospace Forgings companies in 2022 (%)
The global Defense and Aerospace Forgings market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Carbon Steel Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Defense and Aerospace Forgings include Precision Castparts Corp. (Berkshire Hathaway), Howmet Aerospace Inc., VSMPO-AVISMA, Allegheny Technologies Incorporated (ATI), AVIC Heavy Machinery, Aubert & Duval (Eramet), Bharat Forge, FRISA and Xi'an Triangle Defence Incorporated Company, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Defense and Aerospace Forgings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Defense and Aerospace Forgings Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Defense and Aerospace Forgings Market Segment Percentages, by Type, 2022 (%)
Carbon Steel
Alloy Steel
Aluminum
Stainless Steel
Titanium
Others
Global Defense and Aerospace Forgings Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Defense and Aerospace Forgings Market Segment Percentages, by Application, 2022 (%)
Military
Civil
Global Defense and Aerospace Forgings Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Tons)
Global Defense and Aerospace Forgings Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Defense and Aerospace Forgings revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Defense and Aerospace Forgings revenues share in global market, 2022 (%)
Key companies Defense and Aerospace Forgings sales in global market, 2018-2023 (Estimated), (K Tons)
Key companies Defense and Aerospace Forgings sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Precision Castparts Corp. (Berkshire Hathaway)
Howmet Aerospace Inc.
VSMPO-AVISMA
Allegheny Technologies Incorporated (ATI)
AVIC Heavy Machinery
Aubert & Duval (Eramet)
Bharat Forge
FRISA
Xi'an Triangle Defence Incorporated Company
Acerinox S.A.
Scot Forge Company
Farinia Group
Wuxi Paike New Material Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Defense and Aerospace Forgings, market overview.
Chapter 2: Global Defense and Aerospace Forgings market size in revenue and volume.
Chapter 3: Detailed analysis of Defense and Aerospace Forgings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Defense and Aerospace Forgings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Defense and Aerospace Forgings capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
