France Aerospace Forging Market Size & Outlook, 2020-2027
France aerospace forging market, 2016-2027 (US$M)
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France aerospace forging market highlights
- The France aerospace forging market generated a revenue of USD 1,546.1 million in 2020 and is expected to reach USD 2,727.0 million by 2027.
- The France market is expected to grow at a CAGR of 8.4% from 2021 to 2027.
- In terms of segment, aluminum was the largest revenue generating material in 2020.
- Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
Aerospace forging market data book summary
| Market revenue in 2020 | USD 1,546.1 million |
| Market revenue in 2027 | USD 2,727.0 million |
| Growth rate | 8.4% (CAGR from 2020 to 2027) |
| Largest segment | Aluminum |
| Fastest growing segment | Titanium |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Steel, Titanium |
| Key market players worldwide | Arconic, Larsen & Toubro Ltd DR, Berkshire Hathaway Inc Class A, Kalyani Group, Jiangyin Hengrun Heavy Industries, Bharat Forge, Scot Forge, Ellwood Group |
Other key industry trends
- In terms of revenue, France accounted for 6.7% of the global aerospace forging market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, France aerospace forging market is projected to lead the regional market in terms of revenue in 2027.
- France is the fastest growing regional market in Europe and is projected to reach USD 2,727.0 million by 2027.
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Aerospace Forging Market Scope
Aerospace Forging Market Companies
| Name | Profile | # Employees | HQ | Website |
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France aerospace forging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace forging market will help companies and investors design strategic landscapes.
Aluminum was the largest segment with a revenue share of 63.26% in 2020. Horizon Databook has segmented the France aerospace forging market based on aluminum, steel, titanium covering the revenue growth of each sub-segment from 2016 to 2027.
In France, aerospace represents the most important manufacturing sector, followed by automotive and pharmaceutical sectors. In 2018-19, French aerospace sector registered revenue of over USD 76 billion, increase of 1.2% from the previous year.
Out of which, nearly USD 51.3 billion came from exports. Thus, aerospace sector in the country is projected to benefit the long-term growth of forging industry in the country. Penetration of new technologies such as additive manufacturing is expected to restrain the forging market growth over the long run.
With increasing technological innovation and rising investments in research & development, the market in France is likely to witness significant growth as companies are likely to adopt metal additive manufacturing for at least small-scale production runs over the coming years. For instance, small-scale production of titanium parts for aerospace industry has already begun in France since 2016.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France aerospace forging market , including forecasts for subscribers. This country databook contains high-level insights into France aerospace forging market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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France aerospace forging market size, by material, 2016-2027 (US$M)
France Aerospace Forging Market Outlook Share, 2020 & 2027 (US$M)
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