Italy Aerospace Forging Market Size & Outlook, 2025-2030

The aerospace forging market in Italy is expected to reach a projected revenue of US$ 527.4 million by 2030. A compound annual growth rate of 4.7% is expected of Italy aerospace forging market from 2025 to 2030.
Revenue, 2024 (US$M)
$404.5
Forecast, 2030 (US$M)
$527.4
CAGR, 2025 - 2030
4.7%
Report Coverage
Italy

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Italy aerospace forging market, 2018-2030 (US$M)

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Italy aerospace forging market highlights

  • The Italy aerospace forging market generated a revenue of USD 404.5 million in 2024 and is expected to reach USD 527.4 million by 2030.
  • The Italy market is expected to grow at a CAGR of 4.7% from 2025 to 2030.
  • In terms of segment, aluminum was the largest revenue generating material in 2024.
  • Titanium is the most lucrative material segment registering the fastest growth during the forecast period.


Aerospace forging market data book summary

Market revenue in 2024USD 404.5 million
Market revenue in 2030USD 527.4 million
Growth rate4.7% (CAGR from 2025 to 2030)
Largest segmentAluminum
Fastest growing segmentTitanium
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSteel, Titanium, Aluminum
Key market players worldwideArconic, 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, Italy accounted for 1.5% of the global aerospace forging market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, France aerospace forging market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 2,549.8 million by 2030.

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Aerospace Forging Market Scope

Aerospace Forging Market Companies

Name Profile # Employees HQ Website
Ellwood Group View profile 1001-5000 Ellwood City, Pennsylvania, United States, North America http://ellwoodgroup.com
Scot Forge View profile 501-1000 Spring Grove, Illinois, United States, North America https://www.scotforge.com/
Bharat Forge View profile 10001+ Pune, Maharashtra, India, Asia http://www.bharatforge.com/
Jiangyin Hengrun Heavy Industries View profile 501-1000 Jiangyin, Jiangsu, China, Asia http://www.hrflanges.com
Kalyani Group View profile 251-500 Pune, Maharashtra, India, Asia http://www.kalyanigroup.com/index.asp
Larsen & Toubro Ltd DR View profile 330955 Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 https://www.larsentoubro.com
Berkshire Hathaway Inc Class A View profile 396500 3555 Farnam Street, Omaha, NE, United States, 68131 https://www.berkshirehathaway.com
Arconic View profile 10001+ Pittsburgh, Pennsylvania, United States, North America https://www.arconic.com

Italy 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 63.71% in 2024. Horizon Databook has segmented the Italy aerospace forging market based on steel, titanium, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.


Italy has massive aerospace sector with annual revenue generation of USD 20 billion and 50,000 workforce. The country’s aerospace sector is the fourth largest in Europe. There are five regional players and over 300 SMEs in the aerospace sector,

The aerospace sector has strong demand for aerospace parts such as fuselage, rotary wing parts, fixed wing parts, propulsion, electronics, and assembly of parts. Some of the key companies in aerospace sector includes UTC Aerospace Systems, Thales Alenia Space, Leonardo, and Avio Aero, among others.

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy aerospace forging market , including forecasts for subscribers. This country databook contains high-level insights into Italy aerospace forging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy Material - Aerospace Forging Market size, 2024 - 2030 (US$M)

Italy Aerospace Forging Market Outlook Share, 2024 & 2030 (US$M)

Italy Material - Aerospace Forging Market size, 2024 - 2030 (US$M)

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