Curtiss-Wright Corporation is chosen by the progeny to present its Modular Open System Approach (MOSA) to be utilized by the US Navy.
Jiangyin Hengrun Heavy Industries Co., Ltd to receive the certificate from Wuxi Engineering Research Center.
Author Credits: Ipsheeta Dash, Sadaf Naaz
Report ID: 4104
Published Date: May 01, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Escalating passenger traffic, rising global commercial aircraft manufacturing, growing investment in military aviation, and increasing demand for air transportation are the major factors driving the growth of the aerospace forging market.
The market size of aerospace forging is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023-2035.
The certain need for high initial investment is estimated to hamper the market growth.
North America is estimated to create notable growth opportunities for market growth over the forecast period.
The major players in the market are Arconic Corporation, Larsen & Toubro Limited, Precision Castparts Corp., Jiangyin Hengrun Heavy Industries Co., Ltd, WLLEOOD Group Inc., CAV System Ltd, Curtiss-Wright Corporation, and Others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by application, material, aircraft, end-use, and by region.
The commercial segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.