Aircraft And Aerospace Casting Components Market Global Report 2026

The aircraft and aerospace casting components market size has grown strongly in recent years. It will grow from $6.39 billion in 2025 to $6.86 billion in 2026 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increasing aircraft production and fleet expansion, rising demand for lightweight aerospace components, growing adoption of investment casting for complex components, increasing demand for high-strength aluminum and titanium castings, and expanding aerospace maintenance and component replacement activities.

The aircraft and aerospace casting components market size is expected to see strong growth in the next few years. It will grow to $9.02 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to growing demand for next-generation fuel-efficient aircraft, increasing adoption of additive-assisted casting and hybrid manufacturing, rising demand for high-temperature casting materials in advanced engines, expanding production of military aircraft and space systems, and increasing demand for automated casting inspection and quality control. Major trends in the forecast period include increasing adoption of near-net-shape casting processes, rising use of advanced casting alloys for high-temperature applications, growing demand for lightweight aerospace casting components, expanding application of precision casting for complex geometries, and increasing focus on casting process quality and defect reduction.

The rising investments in aerospace manufacturing facilities are expected to propel the growth of the aircraft and aerospace casting components market in the coming years. Investments in aerospace manufacturing facilities refer to the allocation of capital toward constructing, expanding, or modernizing production plants and infrastructure dedicated to the development and assembly of aircraft and aerospace systems. The surge in such investments is primarily driven by escalating demand across both commercial aviation and defense sectors, prompting manufacturers to increase production capacity and modernize their industrial base to meet growing output requirements. This influx of capital into aerospace manufacturing facilities directly increases the requirement for high-precision casting components, including structural and engine parts, as expanded production lines and new facilities depend on a steady supply of complex cast metal parts. For instance, in August 2025, according to the Association For Manufacturing Technology (AMT), a US-based trade association, the aerospace sector sustained its investment growth after exceeding $300 million in total investment in the second half of 2024, as order values increased by 6% in the first half of 2025, marking the highest level on record. Therefore, the rising investments in aerospace manufacturing facilities are driving the growth of the aircraft and aerospace casting components market.

Major companies operating in the aircraft and aerospace casting components market are focusing on expanding advanced investment casting capabilities to increase the production of complex and high-demand aerospace casting components. Aircraft and aerospace casting components include cast airfoil components manufactured through advanced investment casting technologies for aero engines and industrial gas turbines. For instance, in June 2025, Howmet Aerospace Inc., a US-based aerospace components manufacturer, launched a capacity expansion project specifically targeting advanced investment casting technologies to manufacture high-demand airfoil components for aero engines and industrial gas turbines. This expansion increases the company’s capacity to manufacture advanced casting components and supports the growing demand for airfoil components in aerospace applications.

In August 2025, Pursuit Aerospace Holdings Inc., a US-based manufacturer of complex aircraft engine components, acquired Aeromet International Ltd. for an undisclosed amount. Through this acquisition, Pursuit Aerospace Holdings Inc. expanded its aerospace casting capabilities by incorporating light-alloy investment and sand-casting technologies, allowing the company to offer a broader range of castings, forgings, machined components, and fabricated assemblies to aerospace and defense customers. Aeromet International Ltd. is a UK-based manufacturer of aircraft and aerospace casting components.

Major companies operating in the aircraft and aerospace casting components market are Rolls-Royce Holdings plc, Safran Aircraft Engines SAS, RTX Corporation, Howmet Aerospace Inc, Consolidated Precision Products Corp, LISI AEROSPACE SAS, Doncasters Group Limited, Magellan Aerospace Corporation, Impro Precision Industries Limited, ZOLLERN GmbH & Co KG, Farinia Group, MetalTek International Inc, Hitchiner Manufacturing Co Inc, PTC Industries Limited, Aero Metals Inc, Milwaukee Precision Casting Inc, Barron Industries Inc, RLM Industries Inc, Nu-Cast Inc, Investacast Limited.

North America was the dominant region in the aircraft and aerospace casting components market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the aircraft and aerospace casting components market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aircraft and aerospace casting components market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

This product will be delivered within 3-5 business days.