Mexico Aerospace Forging Market Size & Outlook, 2020-2027
Mexico aerospace forging market, 2016-2027 (US$M)
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Mexico aerospace forging market highlights
- The Mexico aerospace forging market generated a revenue of USD 847.4 million in 2020 and is expected to reach USD 1,384.8 million by 2027.
- The Mexico market is expected to grow at a CAGR of 7.3% 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 847.4 million |
| Market revenue in 2027 | USD 1,384.8 million |
| Growth rate | 7.3% (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, Mexico accounted for 3.7% 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 North America, U.S. aerospace forging market is projected to lead the regional market in terms of revenue in 2027.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 8,655.7 million by 2027.
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Aerospace Forging Market Scope
Aerospace Forging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 64.73% in 2020. Horizon Databook has segmented the Mexico aerospace forging market based on aluminum, steel, titanium covering the revenue growth of each sub-segment from 2016 to 2027.
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Our clientele includes a mix of aerospace forging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico aerospace forging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico aerospace forging market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Mexico aerospace forging market size, by material, 2016-2027 (US$M)
Mexico Aerospace Forging Market Outlook Share, 2020 & 2027 (US$M)
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