Middle East & Africa Aircraft Isothermal Forging Market Forecast to 2028

Report Code : BMIRE00025582 | Region : LAMEA | Industry : Aerospace and Defense | Published Date : 10/Aug/2022
Middle East & Africa Aircraft Isothermal Forging Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Aircraft Components (Fan Blade, Turbine Disks, Shafts, and Connector Rings), Forging Material (Titanium and Nickel-based Superalloys), and Fit Type (Line Fit and Retrofit)

The aircraft isothermal forging market in Middle East & Africa is expected to grow from US$ 44.02 million in 2022 to US$ 54.47 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2022 to 2028

There has been a rise in the development of fuel-efficient aircraft engines across the aerospace sector. The rising production of modern-day aircraft is expected to create more growth opportunities for emerging aircraft isothermal forging players to manufacture fuel-efficient aircraft models. Due to the rising demand for more advanced fuel-efficient aircraft models, the increasing production of advanced next-generation high-bypass turbofan engines is expected to present immense growth opportunities for the key players operating in the aircraft isothermal forging market. Further, these new engines incorporate new aerodynamic designs, materials, coatings, combustion and cooling technology, and improved integration between the engine and airframe, encouraging the adoption of isothermal forging to manufacture critical aircraft components. For instance, Boeing has developed several performance enhancements to the Next-Generation 737 that reduce fuel consumption and carbon emissions. Major turbofan engine manufacturers are Pratt & Whitney, General Electric, Rolls-Royce, and CFM International. In June 2021, GE Aviation and Safran launched the CFM RISE (Revolutionary Innovation for Sustainable Engines) program to develop next-generation fuel-efficient CFM aircraft engines by the mid-2030s that emit less CO2. Thus, the growth in the production of advanced aircraft engines with lightweight, high tensile, and cost-effective materials will increase the demand for isothermally forged aircraft engine components during the forecast period. Thus, the need for fuel-efficient next-generation aircraft is expected to create more aircraft isothermal forging market opportunities.

Middle East & Africa Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Aircraft Isothermal Forging Market Segmentation

The Middle East & Africa aircraft isothermal forging market is segmented into aircraft components, forging material, fit type, and country. Based on aircraft components, the Middle East & Africa aircraft isothermal forging market is segmented into fan blade, turbine disks, shafts, and connector rings. The fan blade segment is expected to account for the largest market share in 2022.Based on forging material, the Middle East & Africa aircraft isothermal forging market is bifurcated into titanium and nickel-based superalloys . The nickel-based superalloy segment is expected to account for a larger market share in 202 2. On the basis of fit type, the Middle East & Africa aircraft isothermal forging market is categorized into line fit and retrofit segment. The retrofit segment is expected to account for a larger market share in 2022.Based on country, the Middle East & Africa aircraft isothermal forging market is segmented into Saudi Arabia, the UAE, South Africa, and the rest of the Middle East & Africa. The rest of the Middle East & Africa accounted for the largest share of the aircraft isothermal forging market in 2022.

Key players dominating the Middle East & Africa aircraft isothermal forging market are Alcoa Corporation, ATI, Howmet Aerospace, and LISI Aerospace.

The List of Companies - Middle East and Africa Aircraft Isothermal Forging Market

● Alcoa Corporation

● ATI

● Howmet Aerospace

● LISI Aerospace

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Aircraft Isothermal Forging Market Landscape

4.1 Market Overview

4.2 Porter’s Five Force Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to New Entrants

4.2.4 Threat of Substitutes

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Aircraft Isothermal Forging Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Growing Preference for Titanium over Steel Fabricated Parts

5.1.2 Surge in Number of Isothermal Forged Parts Applications in Aircraft Manufacturing

5.2 Market Restraints

5.2.1 Preference for Casting over Other Production Methods

5.3 Market Opportunities

5.3.1 Development of Fuel-Efficient Next-Generation Aircraft Engines

5.4 Future Trends

5.4.1 Growing Demand for Titanium and Nickel-based Parts in Military Aircraft Engine Production

5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Isothermal Forging Market – MEA Analysis

6.1 MEA Aircraft Isothermal Forging Market Overview

6.2 MEA Aircraft Isothermal Forging Market Forecast and Analysis

7. MEA Aircraft Isothermal Forging Market Analysis – By Aircraft Components

7.1 Overview

7.2 MEA Aircraft Isothermal Forging Market, By Aircraft Components (2021 and 2028)

7.3 Fan Blade

7.3.1 Overview

7.3.2 Fan Blade: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

7.4 Turbine Disks

7.4.1 Overview

7.4.2 Turbine Disks: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

7.5 Shafts

7.5.1 Overview

7.5.2 Shafts: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

7.6 Connector Rings

7.6.1 Overview

7.6.2 Connector Rings: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

8. MEA Aircraft Isothermal Forging Market Analysis – By Forging Material

8.1 Overview

8.2 MEA Aircraft Isothermal Forging Market, By Forging Material (2021 and 2028)

8.3 Titanium

8.3.1 Overview

8.3.2 Titanium: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

8.4 Nickel-based Superalloys

8.4.1 Overview

8.4.2 Nickel-based Superalloys: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

9. MEA Aircraft Isothermal Forging Market Analysis – By Fit Type

9.1 Overview

9.2 MEA Aircraft Isothermal Forging Market, By Fit Type (2021 and 2028)

9.3 Line Fit

9.3.1 Overview

9.3.2 Line Fit: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

9.4 Retrofit

9.4.1 Overview

9.4.2 Retrofit: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)

10. MEA Aircraft Isothermal Forging Market – Country Analysis

10.1 Overview

10.1.1 MEA: Aircraft Isothermal Forging Market, by Key Country

10.1.1.1 South Africa: Aircraft Isothermal Forging Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 South Africa: Aircraft Isothermal Forging Market, By Aircraft Components

10.1.1.1.2 South Africa: Aircraft Isothermal Forging Market, By Forging Material

10.1.1.1.3 South Africa: Aircraft Isothermal Forging Market, By Fit Type

10.1.1.2 Saudi Arabia: Aircraft Isothermal Forging Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Saudi Arabia: Aircraft Isothermal Forging Market, By Aircraft Components

10.1.1.2.2 Saudi Arabia: Aircraft Isothermal Forging Market, By Forging Material

10.1.1.2.3 Saudi Arabia: Aircraft Isothermal Forging Market, By Fit Type

10.1.1.3 UAE: Aircraft Isothermal Forging Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 UAE: Aircraft Isothermal Forging Market, By Aircraft Components

10.1.1.3.2 UAE: Aircraft Isothermal Forging Market, By Forging Material

10.1.1.3.3 UAE: Aircraft Isothermal Forging Market, By Fit Type

10.1.1.4 Rest of MEA: Aircraft Isothermal Forging Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Rest of MEA: Aircraft Isothermal Forging Market, By Aircraft Components

10.1.1.4.2 Rest of MEA: Aircraft Isothermal Forging Market, By Forging Material

10.1.1.4.3 Rest of MEA: Aircraft Isothermal Forging Market, By Fit Type

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

12. Company Profiles

12.1 ATI

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Alcoa Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Howmet Aerospace

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 LISI Aerospace

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             MEA Aircraft Isothermal Forging Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             MEA: Aircraft Isothermal Forging Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             South Africa: Aircraft Isothermal Forging Market, By Aircraft Components – Revenue and Forecast to 2028 (US$ Million)

Table 4.             South Africa: Aircraft Isothermal Forging Market, By Forging Material – Revenue and Forecast to 2028 (US$ Million)

Table 5.             South Africa: Aircraft Isothermal Forging Market, By Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Saudi Arabia: Aircraft Isothermal Forging Market, By Aircraft Components – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Saudi Arabia: Aircraft Isothermal Forging Market, By Forging Material – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Saudi Arabia: Aircraft Isothermal Forging Market, Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UAE: Aircraft Isothermal Forging Market, By Aircraft Components – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UAE: Aircraft Isothermal Forging Market, By Forging Material – Revenue and Forecast to 2028 (US$ Million)

Table 11.          UAE: Aircraft Isothermal Forging Market, By Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of MEA: Aircraft Isothermal Forging Market, By Aircraft Components – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of MEA: Aircraft Isothermal Forging Market, By Forging Material– Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of MEA: Aircraft Isothermal Forging Market, By Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          List of Abbreviation

The List of Companies - Middle East and Africa Aircraft Isothermal Forging Market

● Alcoa Corporation

● ATI

● Howmet Aerospace

● LISI Aerospace

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa Aircraft Isothermal Forging Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa Aircraft Isothermal Forging Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Aircraft Isothermal Forging Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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