Press release
Aircraft Investment Casting Market is Forecasted to Reach US$12.0 Billion in 2032, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global Aircraft Investment Casting market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3308/aircraft-investment-casting-market.html#form
Market Statistics:
Market Size in 2024: US$8.6 billion
Market Size in 2032: US$12.0 billion
Growth (CAGR): 3.8% during 2025-2032
Leading Aircraft Type: Commercial Aircraft
Leading Material Type: Nickel
Leading Application Type: Engine
Leading End-User Type: OE
Leading Region: North America
Forecast Period: 2025-2032
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights & Market Share Analysis of the Aircraft Investment Casting Market:
The global Aircraft Investment Casting market is segmented based on Aircraft type, Material type, Application type, End-User type, and Region.
Based on the aircraft type -
- Based on the aircraft type, the aircraft investment casting market is segmented into commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation.
- Commercial aircraft is expected to remain the largest and the fastest-growing aircraft type in the market during the forecast period, owing to the rising production rates of important programs, such as the B737, A350, A320 family, B787, A350XWB, and new market entrants, such as COMAC and Irkut.
- Both, Boeing and Airbus, are projecting deliveries of commercial and regional aircraft to be around 40,000 units in the next 20 years, creating a sustainable demand across the value chain in the foreseeable future.
Based on the application type -
- Based on the application type, the aircraft investment casting market is segmented into engine and airframe.
- Engine is anticipated to be the dominant as well as the fastest-growing application in the coming years. CFM (Safran/GE JV) delivered 1,136 LEAP engines (certified for A320neo, B737Max, and C919) in 2022 and has set a target to deliver 1,300 engines in the year 2023, despite supply chain disruption. There has been an incessant demand for advanced materials in newer engines.
- Nickel and titanium are the preferred choices of materials for making engine components using the investment casting process. Both materials are likely to maintain their dominance in the years to come.
Which region shows the most promising growth forecast and opportunity?
- In terms of regions, North America is expected to remain the largest market for aircraft investment casting during the forecast period. This region has a presence of a large number of major OEMs, such as Boeing and Airbus, which make the region a growth engine of the aerospace industry.
- Most of the aircraft investment casting suppliers have their presence in the region to address the emergent needs of OEMs and to be the partner for their fuel-efficient version of existing programs.
Aircraft Investment Casting Market Drivers:
Some of the key drivers listed in the report are given below.
- Rising aircraft production increases precision component demand.
- Shift toward lightweight alloys boosts casting adoption.
- Growth in jet engine manufacturing drives complex parts.
- Increasing MRO activities fuels replacement castings demand.
- Advancements in casting technologies enhance design capability.
Competitive Landscape: Top Companies in the Aircraft Investment Casting Market:
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the Aircraft Investment Casting Market:
• Howmet Aerospace
• Precision Castparts Corp.
• Consolidated Precision Products
• Doncasters Group
• Chromalloy Gas Turbine LLC
• Hitchiner Manufacturing Co. Inc.
• MetalTek International
• Impro Precision Industries Limited
• Zollern GmbH & Co. KG
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at sales@stratviewresearch.com
Click here to know more: https://www.stratviewresearch.com/3308/aircraft-investment-casting-market.html
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the Aircraft Investment Casting market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com
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- Aircraft Lighting Market: https://inustrynews9.muragon.com/entry/35.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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