Global Aerospace Forging Market Size & Outlook, 2025-2030

The global aerospace forging market size was estimated at USD 26,261.5 million in 2024 and is projected to reach USD 35,975.4 million by 2030, growing at a CAGR of 5.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$26,261.5
Forecast, 2030 (US$M)
$35,975.4
CAGR, 2025 - 2030
5.5%
Report Coverage
Worldwide

Global aerospace forging market highlights

  • The global aerospace forging market generated a revenue of USD 26,261.5 million in 2024 and is expected to reach USD 35,975.4 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.5% by 2030.
  • In terms of segment, aluminum accounted for a revenue of USD 16,532.3 million in 2024.
  • Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, France is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 26,261.5 million
Market revenue in 2030USD 35,975.4 million
Growth rate5.5% (CAGR from 2025 to 2030)
Largest segmentAluminum
Fastest growing segmentTitanium
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSteel, Titanium, Aluminum

Other key industry trends

  • In terms of revenue, the North America accounted for 34.0% of the global aerospace forging market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, France is the fastest growing regional market and is projected to reach USD 2,549.8 million by 2030.

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Aerospace Forging Market Scope

Aerospace Forging Market Companies

Name Profile # Employees HQ Website
Ellwood Group View profile 1001-5000 Ellwood City, Pennsylvania, United States, North America http://ellwoodgroup.com
Scot Forge View profile 501-1000 Spring Grove, Illinois, United States, North America https://www.scotforge.com/
Bharat Forge View profile 10001+ Pune, Maharashtra, India, Asia http://www.bharatforge.com/
Jiangyin Hengrun Heavy Industries View profile 501-1000 Jiangyin, Jiangsu, China, Asia http://www.hrflanges.com
Kalyani Group View profile 251-500 Pune, Maharashtra, India, Asia http://www.kalyanigroup.com/index.asp
Larsen & Toubro Ltd DR View profile 330955 Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 https://www.larsentoubro.com
Berkshire Hathaway Inc Class A View profile 396500 3555 Farnam Street, Omaha, NE, United States, 68131 https://www.berkshirehathaway.com
Arconic View profile 10001+ Pittsburgh, Pennsylvania, United States, North America https://www.arconic.com

Global aerospace forging market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace forging market will help companies and investors design strategic landscapes.


Aluminum was the largest segment with a revenue share of 62.95% in 2024. Horizon Databook has segmented the Global aerospace forging market based on steel, titanium, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Aerospace Forging Material Outlook (Revenue, USD Million, 2018-2030)
    • Aluminum
    • Steel
    • Titanium
    • Others
  • Global Aerospace Forging Aircraft Outlook (Revenue, USD Million, 2018-2030)
    • Commercial
    • Military
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace forging market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace forging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global aerospace forging market size, by regions, 2018-2030 (US$M)

Top 10 countries: Aerospace forging market size, 2024 (US$M)

Global aerospace forging market share, by material, 2024 & 2030 (%, US$M)

Aerospace forging market: Opportunity assessment by country

Global aerospace forging market, by region, 2024 (US$M)

Global aerospace forging market size, by regions, 2018-2030 (US$M)

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