According to a market report by Lucintel, the future of the global aircraft turning market looks promising with opportunities in the airframe, engine, and landing gear markets. The global aircraft turning market is expected to reach an estimated $9 billion by 2035 with a CAGR of 2.3% from 2026 to 2035. The major drivers for this market are the growing need for high precision turning in aerospace components, the rising use of lightweight & complex metal components, and the increasing industrial automation in aircraft component manufacturing.
A more than 150-page report to understand trends, opportunity and forecast in global aircraft turning market to 2035 by aircraft type (commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation), material type (aluminum, stainless steel, titanium, and others), application (airframe, engine, landing gear, and others), end use (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the aircraft type category, commercial aircraft is expected to witness the highest growth over the forecast period due to rising aircraft production and fleet expansion across airlines.
Within the application category, airframe is expected to witness the highest growth due to high demand for precision-machined structural components and lightweight parts.
Download sample by clicking on aircraft turning market.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to expanding aerospace manufacturing and increasing aircraft production capacity.
Gardner Aerospace, GKN Aerospace, Howmet Aerospace Inc., Magellan Aerospace, MB Aerospace Holdings Inc., Mitsubishi Heavy Industries, Ltd., Precision Castparts Corp., Premium AEROTEC GmbH, Senior plc, Shenzhen Dajin Precision Hardware Co., Ltd are the major suppliers in the aircraft turning market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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