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Airframe Segment in Aerospace Cold Forging Market is Expected to Dominate the Industry Share Over 2019 to 2025

Author : Ronak Bora | Published Date : 2019-04-10 

Based on application, airframe is expected to dominate the aerospace cold forging market share over the forecast timeframe. Increasing usage of materials including Aluminum, Titanium and Steel for manufacturing the component is boosting the segment share over the study timeframe. Moreover, higher accuracy required for titanium components further accelerates the market growth over the projected timeframe.

2018 Market Size – USD 3.5 Million

Compound annual Growth Rate (CAGR)- 7%

2025 Forecast Value – USD 5.5 Million +

With the stellar growth of the aviation industry, the aerospace cold forging market is anticipated to record inevitable expansion in the years ahead. Current affairs indicate such a trend as well when in 2019, British Airways placed a massive order for 42 Boeing 777 jets. The deal comes at a time when IAG, which also owns other airlines like Aer Lingus and Iberia, said that the net profits for the group soared by 45% to €2.9 billion due to lower costs and higher passenger numbers.

Request for a sample copy of this report @ www.gminsights.com/request-sample/detail/3081Highlights of this report:

Base Year: 2018

Growth Projections – 2019-2025

Historical data coverage: 2014 to 2018

Number of Pages – 300

Data Tables – 380

Increasing aircraft production owing to proliferating air passenger traffic along with replacements of ageing aircraft fleet will boost the aerospace cold forging market penetration over the forecast timeframe. For instance, in April 2018, American Airlines announced the purchase of new 47 Boeing 787s aircraft for replacement of ageing widebody aircrafts. Additionally, in 2018, IATA forecasts that number of air passengers will reach to 7.8 billion in 2036 compared to 4 billion in 2018.

North America aerospace cold forging market place will witness a significant growth owing to the concentration of multiple aircraft manufacturers across the region. The increasing demand for aircrafts owing to improving services offered by low cost carriers along with expanded network of routes served by multiple airliners are supporting the industry growth till 2025. Additionally, aircraft manufactures are expanding their manufacturing facilities for improving their market share by catering to the increasing demand. For instance, in January 2019, Airbus inaugurated its new manufacturing facility in the U.S. to fulfil the increasing demand for A220 aircrafts.

Aerospace Cold Forging Market Segmentation:

Chapter 4. Aerospace Cold Forging Market, By Application

4.1. Global aerospace cold forging market share by application, 2018 & 2025

4.1.1. Landing gear

4.1.1.1. Market estimates and forecast, 2013-2025

4.1.1.2. Market estimates and forecast, by region, 2013-2025

4.1.2. Nacelle

4.1.2.1. Market estimates and forecast, 2013-2025

4.1.2.2. Market estimates and forecast, by region, 2013-2025

4.1.3. Airframe

4.1.3.1. Market estimates and forecast, 2013-2025

4.1.3.2. Market estimates and forecast, by region, 2013-2025

Chapter 5. Aerospace Cold Forging Market, By Platform

5.1. Global aerospace cold forging market share by platform, 2018 & 2025

5.2. Fixed Wing

5.2.1. Market estimates and forecast, 2013 - 2025

5.2.2. Market estimates and forecast, by region, 2013–2025

5.2.3. Narrow Body

5.2.3.1. Market estimates and forecast, 2013-2025

5.2.3.2. Market estimates and forecast, by region, 2013-2025

5.2.4. Wide Body

5.2.4.1. Market estimates and forecast, 2013-2025

5.2.4.2. Market estimates and forecast, by region, 2013-2025

5.2.5. Regional Jets

5.2.5.1. Market estimates and forecast, 2013-2025

5.2.5.2. Market estimates and forecast, by region, 2013-2025

5.2.6. Fighter Jets

5.2.6.1. Market estimates and forecast, 2013-2025

5.2.6.2. Market estimates and forecast, by region, 2013-2025

5.3. Rotary Wing

5.3.1. Market estimates and forecast, 2013 - 2025

5.3.2. Market estimates and forecast, by region, 2013–2025

5.3.3. Helicopter

5.3.3.1. Market estimates and forecast, 2013-2025

5.3.3.2. Market estimates and forecast, by region, 2013-2025

Browse complete table of content of this report @

www.gminsights.com/toc/detail/aerospace-cold-forgings-market

Research Methodology:

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:

  • Leadership figures such as CEOs, CSOs, VPs etc. in key companies
  • Supply-chain participants, distributors and domain experts
  • Key customers and B2B clients

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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