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Middle East & Africa Aircraft Isothermal Forging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Aircraft Components, Forging Material, and Fit Type

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    Report

  • 105 Pages
  • August 2022
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5647453
UP TO OFF until Mar 31st 2024
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 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.
Frequently Asked Questions about the South & Central American Smart Pills Market

What is the estimated value of the South & Central American Smart Pills Market?

The South & Central American Smart Pills Market was estimated to be valued at $44.02 Million in 2022.

What is the growth rate of the South & Central American Smart Pills Market?

The growth rate of the South & Central American Smart Pills Market is 3.6%, with an estimated value of $54.47 Million by 2028.

What is the forecasted size of the South & Central American Smart Pills Market?

The South & Central American Smart Pills Market is estimated to be worth $54.47 Million by 2028.

Who are the key companies in the South & Central American Smart Pills Market?

Key companies in the South & Central American Smart Pills Market include Alcoa Corporation, ATI, Howmet Aerospace and LISI Aerospace.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 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 Publisher
13.2 Word Index
List of Figures
Figure 1. MEA Aircraft Isothermal Forging Market Segmentation
Figure 2. MEA Aircraft Isothermal Forging Market Segmentation - By Country
Figure 3. MEA Aircraft Isothermal Forging Market Overview
Figure 4. Fan Blade Segment held the Largest Share of MEA Aircraft Isothermal Forging Market
Figure 5. Nickel-based Superalloys Segment held the Largest Share of MEA Aircraft Isothermal Forging Market
Figure 6. Retrofit Segment held the Largest Share of MEA Aircraft Isothermal Forging Market
Figure 7. Rest of MEA to Show Great Traction During Forecast Period
Figure 8. MEA Aircraft Isothermal Forging Market- Porter’s Five Forces Analysis
Figure 9. Ecosystem Analysis: MEA Aircraft Isothermal Forging Market
Figure 10. Expert Opinion
Figure 11. MEA Aircraft Isothermal Forging Market: Impact Analysis of Drivers and Restraints
Figure 12. MEA Aircraft Isothermal Forging Market Forecast and Analysis (US$ Million)
Figure 13. MEA Aircraft Isothermal Forging Market, By Aircraft Components (2021 and 2028)
Figure 14. Fan Blade: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Turbine Disks: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Shafts: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Connector Rings: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Aircraft Isothermal Forging Market, By Forging Material (2021 and 2028)
Figure 19. Titanium: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Nickel-based Superalloys: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Aircraft Isothermal Forging Market, By Fit Type (2021 and 2028)
Figure 22. Line Fit: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Retrofit: MEA Aircraft Isothermal Forging Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA: Aircraft Isothermal Forging Market, by key Country - Revenue (2021) (US$ Million)
Figure 25. MEA: Aircraft Isothermal Forging Market Revenue Share, by Key Country (2021 & 2028)
Figure 26. South Africa: Aircraft Isothermal Forging Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Saudi Arabia: Aircraft Isothermal Forging Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. UAE: Aircraft Isothermal Forging Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of MEA: Aircraft Isothermal Forging Market - Revenue and Forecast to 2028 (US$ Million)
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

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alcoa Corporation
  • ATI
  • Howmet Aerospace
  • LISI Aerospace