Aerospace Cold Forgings Market to Garner Significant Growth at Modest CAGR

Cold forging is a manufacturing process used to warp materials into high-strength parts. Aerospace parts require better manufacturing accuracy and this is precisely what cold forging process offers. These parts require minimal to no finishing and offer high dimensional accuracy.

Global Aerospace Cold Forgings Market is accounted for $3.20 million in 2017 and is expected to reach $6.29 million by 2026 growing at a CAGR of 7.8% during the forecast period.

Growing technological advancements in aerospace industry, Increasing aircraft production and stringent regulations associated with the aerospace industry are some of the factors driving the market growth. However, lack of skilled labor and availability of composite materials possessing no-corrosive properties are restraining the market growth.

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Based on platform, Fixed Wing segment has witnessed the significant market growth due to the development of military and commercial aviation industry along with growing demand for cost efficient aircraft. By, geography, North America holds the largest market share during the forecast period due to ushering aerospace industry leading to a grow in the production of aircrafts. Moreover, increasing expenses on defense are driving the market growth in this region.

Some of the key players profiled in the Aerospace Cold Forgings Market include Arconic, Eramet Group , Scot Forge, Bharat Forge, Precision Castparts Corp, Vsmpo-Avisma and Shaanxi Hongyuan Aviation Forging Co Ltd .

Key Insights that the report covers:

  • Key drivers, restraints, and prevailing trends
  • Market size, growth rate, and opportunities
  • Market share and position of the top players
  • PEST Analysis of the five major regions
  • Detailed SWOT analysis of top 10 companies
  • Recent developments and new product launches
  • Major challenges faced by the market players

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Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Aerospace Cold Forgings Market, By Platform

6 Global Aerospace Cold Forgings Market, By Product Type

7 Global Aerospace Cold Forgings Market, By Application

8 Global Aerospace Cold Forgings Market, By Geography

9 Key Developments

10 Company Profiling

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Posted by on Monday September 16 2019, 9:00 AM EDT. All trademarks acknowledged. Filed under Aerospace, Aerospace & Defence, Defence. Comments and Trackbacks closed. Follow responses: RSS 2.0

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