Product Code: 22902
The Global Aircraft Engine Casting Market, valued at USD 12.80 Billion in 2024, is projected to experience a CAGR of 6.76% to reach USD 18.95 Billion by 2030. Aircraft engine castings are highly engineered metal components produced through precision casting processes, essential for the performance, durability, and structural integrity of aero-engines. The market growth is primarily driven by the escalating global demand for air travel, leading to increased aircraft production and a rise in maintenance, repair, and overhaul activities.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 12.80 Billion |
| Market Size 2030 | USD 18.95 Billion |
| CAGR 2025-2030 | 6.76% |
| Fastest Growing Segment | Turbofan Engines |
| Largest Market | North America |
Key Market Drivers
Increasing aircraft production and fleet expansion significantly influences the Global Aircraft Engine Casting Market across both commercial and military aviation sectors. As airlines modernize their fleets and global air travel demand rises, the manufacturing of new aircraft, each requiring multiple engines, directly elevates the need for high-integrity engine castings.
Key Market Challenges
The complex and protracted qualification processes for new materials and advanced manufacturing techniques represent a significant impediment to the growth of the Global Aircraft Engine Casting Market. These rigorous regulatory requirements for aircraft engine components necessitate extensive testing and validation, which in turn extends development timelines and significantly increases associated costs. This directly delays the introduction of innovative casting solutions into the market.
Key Market Trends
Additive Manufacturing Integration in Production represents a pivotal trend in the Global Aircraft Engine Casting Market by enabling the creation of complex, lightweight components with optimized designs that are unachievable through traditional casting methods. This technology facilitates the consolidation of multiple parts into single units, reducing assembly complexity and overall engine weight, which directly contributes to enhanced fuel efficiency.
Key Market Players
- Precision Castparts
- Howmet Aerospace
- Arconic
- Consolidated Precision Products
- MetalTek
- Impro
- Zollern
- Milwaukee Precision
- Casting Technology
- Hitchiner
Report Scope:
In this report, the Global Aircraft Engine Casting Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Aircraft Engine Casting Market, By Aircraft Type:
- Commercial Aircraft
- Regional Aircraft
- Helicopter
- Military Aircraft
- General Aviation
Aircraft Engine Casting Market, By Engine Type:
- Turbofan
- Turboprop
- Turbojet
- Turboshaft
Aircraft Engine Casting Market, By Material Type:
- Nickel
- Titanium
- Stainless Steel
- Others
Aircraft Engine Casting Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Aircraft Engine Casting Market.
Available Customizations:
Global Aircraft Engine Casting Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Aircraft Engine Casting Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, General Aviation)
- 5.2.2. By Engine Type (Turbofan, Turboprop, Turbojet, Turboshaft)
- 5.2.3. By Material Type (Nickel, Titanium, Stainless Steel, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
- 5.3. Market Map
6. North America Aircraft Engine Casting Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Aircraft Type
- 6.2.2. By Engine Type
- 6.2.3. By Material Type
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Aircraft Engine Casting Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Aircraft Type
- 6.3.1.2.2. By Engine Type
- 6.3.1.2.3. By Material Type
- 6.3.2. Canada Aircraft Engine Casting Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Aircraft Type
- 6.3.2.2.2. By Engine Type
- 6.3.2.2.3. By Material Type
- 6.3.3. Mexico Aircraft Engine Casting Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Aircraft Type
- 6.3.3.2.2. By Engine Type
- 6.3.3.2.3. By Material Type
7. Europe Aircraft Engine Casting Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Aircraft Type
- 7.2.2. By Engine Type
- 7.2.3. By Material Type
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Aircraft Engine Casting Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Aircraft Type
- 7.3.1.2.2. By Engine Type
- 7.3.1.2.3. By Material Type
- 7.3.2. France Aircraft Engine Casting Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Aircraft Type
- 7.3.2.2.2. By Engine Type
- 7.3.2.2.3. By Material Type
- 7.3.3. United Kingdom Aircraft Engine Casting Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Aircraft Type
- 7.3.3.2.2. By Engine Type
- 7.3.3.2.3. By Material Type
- 7.3.4. Italy Aircraft Engine Casting Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Aircraft Type
- 7.3.4.2.2. By Engine Type
- 7.3.4.2.3. By Material Type
- 7.3.5. Spain Aircraft Engine Casting Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Aircraft Type
- 7.3.5.2.2. By Engine Type
- 7.3.5.2.3. By Material Type
8. Asia Pacific Aircraft Engine Casting Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Aircraft Type
- 8.2.2. By Engine Type
- 8.2.3. By Material Type
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Aircraft Engine Casting Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Aircraft Type
- 8.3.1.2.2. By Engine Type
- 8.3.1.2.3. By Material Type
- 8.3.2. India Aircraft Engine Casting Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Aircraft Type
- 8.3.2.2.2. By Engine Type
- 8.3.2.2.3. By Material Type
- 8.3.3. Japan Aircraft Engine Casting Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Aircraft Type
- 8.3.3.2.2. By Engine Type
- 8.3.3.2.3. By Material Type
- 8.3.4. South Korea Aircraft Engine Casting Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Aircraft Type
- 8.3.4.2.2. By Engine Type
- 8.3.4.2.3. By Material Type
- 8.3.5. Australia Aircraft Engine Casting Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Aircraft Type
- 8.3.5.2.2. By Engine Type
- 8.3.5.2.3. By Material Type
9. Middle East & Africa Aircraft Engine Casting Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Aircraft Type
- 9.2.2. By Engine Type
- 9.2.3. By Material Type
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Aircraft Engine Casting Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Aircraft Type
- 9.3.1.2.2. By Engine Type
- 9.3.1.2.3. By Material Type
- 9.3.2. UAE Aircraft Engine Casting Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Aircraft Type
- 9.3.2.2.2. By Engine Type
- 9.3.2.2.3. By Material Type
- 9.3.3. South Africa Aircraft Engine Casting Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Aircraft Type
- 9.3.3.2.2. By Engine Type
- 9.3.3.2.3. By Material Type
10. South America Aircraft Engine Casting Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Aircraft Type
- 10.2.2. By Engine Type
- 10.2.3. By Material Type
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Aircraft Engine Casting Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Aircraft Type
- 10.3.1.2.2. By Engine Type
- 10.3.1.2.3. By Material Type
- 10.3.2. Colombia Aircraft Engine Casting Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Aircraft Type
- 10.3.2.2.2. By Engine Type
- 10.3.2.2.3. By Material Type
- 10.3.3. Argentina Aircraft Engine Casting Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Aircraft Type
- 10.3.3.2.2. By Engine Type
- 10.3.3.2.3. By Material Type
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Aircraft Engine Casting Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Precision Castparts
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Howmet Aerospace
- 15.3. Arconic
- 15.4. Consolidated Precision Products
- 15.5. MetalTek
- 15.6. Impro
- 15.7. Zollern
- 15.8. Milwaukee Precision
- 15.9. Casting Technology
- 15.10. Hitchiner
16. Strategic Recommendations
17. About Us & Disclaimer