Aerospace Industry's Production Ramp-Up Drives Demand for Open-Die Forging
The commercial aerospace industry is facing its most ambitious production ramp-up in history. With a combined order backlog of over 15,000 aircraft, Airbus and Boeing are putting unprecedented pressure on the global manufacturing ecosystem.
Manufacturers of critical components such as engine shafts, landing gear cylinders, and large structural parts rely heavily on open-die forging to produce high-quality components with superior strength, toughness, fatigue resistance, and reliability.
The global aerospace open-die forging market has grown significantly in recent years, expanding from approximately $5 billion in 2022 to $6.2 billion in 2025 and is projected to surpass $9.3 billion by 2034, according to Stratview Research.