Aircraft Engine Casting Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Aircraft Type, By Engine Type, By Material Type, By Region & Competition, 2020-2030F

Description

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:

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
- 5.1.1. By Value
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
- 6.1.1. By Value
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
    - 6.3.1.1.1. By Value
  - 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
    - 6.3.2.1.1. By Value
  - 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
    - 6.3.3.1.1. By Value
  - 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
- 7.1.1. By Value
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
    - 7.3.1.1.1. By Value
  - 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
    - 7.3.2.1.1. By Value
  - 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
    - 7.3.3.1.1. By Value
  - 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
    - 7.3.4.1.1. By Value
  - 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
    - 7.3.5.1.1. By Value
  - 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
- 8.1.1. By Value
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
    - 8.3.1.1.1. By Value
  - 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
    - 8.3.2.1.1. By Value
  - 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
    - 8.3.3.1.1. By Value
  - 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
    - 8.3.4.1.1. By Value
  - 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
    - 8.3.5.1.1. By Value
  - 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
- 9.1.1. By Value
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
    - 9.3.1.1.1. By Value
  - 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
    - 9.3.2.1.1. By Value
  - 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
    - 9.3.3.1.1. By Value
  - 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
- 10.1.1. By Value
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
    - 10.3.1.1.1. By Value
  - 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
    - 10.3.2.1.1. By Value
  - 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
    - 10.3.3.1.1. By Value
  - 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