PUBLISHER: The Business Research Company | PRODUCT CODE: 2127173
PUBLISHER: The Business Research Company | PRODUCT CODE: 2127173
Aerospace cold forgings refer to the manufacturing process in which metal components used in aircraft and spacecraft are formed at or near room temperature using high-pressure mechanical force. This process improves the strength, precision, and fatigue resistance of critical aerospace components such as landing gear parts, fasteners, and structural fittings.
The primary component types of aerospace cold forgings include shafts and spindles, landing gear components, engine and turbine discs, structural fittings, fasteners and bolts, rings and flanges, and other component types. Shafts and spindles refer to precision cold-forged aerospace components engineered to transmit rotational motion and mechanical power while providing high strength, dimensional accuracy, and fatigue resistance. These components are manufactured using single-stroke forging, multi-stroke forging, cold heading, and precision forging processes and utilize materials including aluminum, titanium, steel, and other material types. The various applications include commercial aviation, military aviation, general aviation, and space, and they are used by several end users such as original equipment manufacturers, tier one and tier two suppliers, maintenance, repair, and operations service providers, and defense and government procurement agencies.
Tariffs are influencing the aerospace cold forgings market by increasing the cost of imported specialty metals, aerospace-grade titanium, aluminum, steel, precision forging equipment, and critical manufacturing inputs required for cold forging operations. This is increasing production costs and extending procurement timelines, particularly for component types such as Landing Gear Components, Engine And Turbine Discs, Structural Fittings, and Fasteners And Bolts across North America, Europe, and Asia-Pacific supply chains. Material-intensive segments dependent on titanium and aluminum are the most affected due to global sourcing requirements. However, tariffs are also encouraging the expansion of domestic forging capacity, regional supplier diversification, and increased investment in local aerospace manufacturing ecosystems, enhancing long-term supply chain resilience.
The aerospace cold forgings market research report is one of a series of new reports from The Business Research Company that provides aerospace cold forgings market statistics, including aerospace cold forgings industry global market size, regional shares, competitors with a aerospace cold forgings market share, detailed aerospace cold forgings market segments, market trends and opportunities, and any further data you may need to thrive in the aerospace cold forgings industry. This aerospace cold forgings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aerospace cold forgings market size has grown rapidly in recent years. It will grow from $4.09 billion in 2025 to $4.52 billion in 2026 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to increasing commercial aircraft production, growing demand for lightweight aerospace components, rising defense aircraft procurement, expansion of global air passenger traffic, increasing use of high-strength metal alloys.
The aerospace cold forgings market size is expected to see rapid growth in the next few years. It will grow to $6.62 billion in 2030 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to growing next-generation aircraft development, rising space exploration programs, increasing aircraft fleet modernization, expanding demand for fuel-efficient aircraft, growing investments in aerospace manufacturing capacity. Major trends in the forecast period include increasing adoption of high-strength lightweight forgings, growing demand for precision cold forged aerospace components, rising utilization of titanium cold forgings, expansion of near-net shape forging processes, increasing production of fatigue-resistant aerospace parts.
The increasing production of commercial aircraft is expected to propel the growth of the aerospace cold forgings market going forward. Commercial aircraft are fixed-wing airplanes designed, certified, and operated primarily for carrying passengers or cargo for commercial purposes by airlines and other civil aviation operators. The increase in commercial aircraft production is driven by the growth in global air passenger traffic, which is encouraging airlines to expand their fleets and introduce additional aircraft to meet rising travel demand. Aerospace cold forgings support commercial aircraft production by enabling the manufacturing of high-strength, lightweight, and precision-engineered components that enhance aircraft performance, durability, and fuel efficiency while facilitating large-scale and cost-efficient production. For instance, in January 2024, according to Airbus SE, a Netherlands-based aerospace and defense corporation, 735 commercial aircraft were delivered in 2023, representing an 11% increase compared with 2022. Therefore, the growing production of commercial aircraft is driving the growth of the aerospace cold forgings market.
The rising air passenger traffic is expected to propel the growth of the aerospace cold forgings market going forward. Air passenger traffic refers to the total number of passengers carried by airlines through domestic and international air services during a specific period and serves as a key measure of air travel demand. Air passenger traffic is increasing due to rising disposable incomes, enabling more individuals to afford air travel for business and leisure purposes. Increasing air passenger traffic is boosting demand for new aircraft manufacturing and fleet expansion, thereby driving the need for high-strength, lightweight aerospace cold forgings used in critical aircraft components. For instance, in October 2024, according to the Department of Transportation, a US-based government department, 647,205 flights were operated in August 2024, representing a 2.61% increase from the 630,761 flights recorded in August 2023. Therefore, the rising air passenger traffic is driving the growth of the aerospace cold forgings market.
In March 2026, J. F. Lehman And Company, a US-based private equity investment firm, acquired Forged Solutions Group for an undisclosed amount. Through this acquisition, J. F. Lehman And Company intends to strengthen its aerospace and defense manufacturing portfolio while expanding its presence in high-precision engineered components used in mission-critical aviation and defense applications. Forged Solutions Group is a UK-based company that manufactures aerospace cold-forged components.
Major companies operating in the aerospace cold forgings market report are IHI Corporation, Precision Castparts Corp., Thyssenkrupp AG, Howmet Aerospace Inc., Alcoa Corporation, ATI Inc., Aichi Steel Corporation, Safran Landing Systems, LISI S.A., VSMPO-AVISMA Corporation, Otto Fuchs KG, Bharat Forge Limited, AVIC Heavy Machinery Co. Ltd., Ellwood Group Inc., Magellan Aerospace Corporation, Doncasters Group Ltd., Forged Solutions Group, Farinia Group, Scot Forge Company, Wuxi Paike Special Steel Co. Ltd., Anchor-Harvey Components LLC, Trenton Forging Company, Queen City Forging Company, Kaiser Aluminum Corporation
North America was the dominant region in the aerospace cold forgings market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the aerospace cold forgings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aerospace cold forgings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The aerospace cold forgings market consists of sales of bushings, precision pins, sleeves, collars, and spacers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Aerospace Cold Forgings Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses aerospace cold forgings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aerospace cold forgings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The aerospace cold forgings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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