According to a market report by Lucintel, the future of the global aircraft machining market looks promising with opportunities in the engine, landing gear, and airframe markets. The global aircraft machining market is expected to reach an estimated $47 billion by 2035 with a CAGR of 3.8% from 2026 to 2035. The major drivers for this market are the growing use of advanced materials like titanium, the increasing MRO activities for aging fleets, and the rising demand for fuel-efficient aircraft.
A more
than 150-page report to understand trends, opportunity and forecast in global aircraft
machining market to 2035 by aircraft type (commercial aircraft, regional
aircraft, general aviation, helicopter, and military aircraft), process (milled
parts, turned parts, and others), application (engine, landing gear, airframe,
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 increases precision machining demand.
Within the
application category, airframe is expected to witness the highest growth due to
structural components require extensive high-precision machining.
Download
sample by clicking on aircraft
machining market.
In terms
of regions, APAC is expected to witness the highest growth over the forecast
period due to expanding aerospace manufacturing and MRO activities drive growth.
GE
Aerospace, GKN Aerospace Holdings Limited, Howmet Aerospace, Magellan Aerospace
Corporation, Mitsubishi Heavy Industries Ltd., MTU Aero Engines AG, Precision
Cartparts Corp are the major suppliers in the aircraft machining 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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