Global Aerospace Inconel Blisk Market Size By Product, By Application, By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Aerospace Inconel Blisk Market Size And Forecast

Aerospace Inconel Blisk Market size was valued at USD 2.1 Billion in 2024 and is projected to reach USD 4.3 Billion by 2031, growing at a CAGR of 9.1% during the forecast period 2024-2031.

The growing technological innovations and continually rising activities in the aerospace industry and increase in the adaption of the LEAP and GTF engines significantly enhance the production of the Inconel blisk is the factor driving the market growth of the Aerospace Inconel Blisk Market. The Global Aerospace Inconel Blisk Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Aerospace Inconel Blisk Market Definition

The Blisk is a turbine engine component made up of the rotor disc and the blades. The Inconel blisk is a nickel chromium-based one-piece blisk without the support of removable vanes and a disc. It is cast entirely of solid material by welding or forging. It mainly finds application in aerospace engine design. Blisk (blade disc) is an aeronautical engine part consisting of a rotor disc and multiple blades in one unit.

Replacing the traditional assembly of an individual disc and multiple detachable blades, disc blisks have gradually gained popularity since their introduction in the mid-1980s. Also known as integrated blade rotors (IBR), disc blisks are usually machined from a solid material. Bladed discs in modern compressors and turbine fans improve efficiency and eliminate the need to assemble rotor discs and impellers. Critical components can be manufactured on the same machine tool in a single setup.

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Global Aerospace Inconel Blisk Market Overview

The primary factors driving the market growth are the growing technological innovations and continually rising activities in the aerospace industry, and the increase in the adaption of the LEAP and GTF engines significantly improving the production of the Inconel blisk. Because of their complex shapes, machining hard drives requires multi-axis machine tools and advanced CNC software. Such machining requires efficient and reliable cutting tools.

Since most hard drive machining includes milling, the quality of the cutter is paramount. Usually, workpieces are made from hard-to-cut titanium or nickel alloys, so blades must meet strict manufacturing and safe machining requirements. Furthermore, the growing demand for new aircraft engines in response to replacing old fleets increases the market growth of the Aerospace Inconel Blisk Market. Yet, the high maintenance cost and complexity is the factor hampering the market growth of the Market.

Global Aerospace Inconel Blisk Market Segmentation Analysis

The Global Aerospace Inconel Blisk Market is segmented on the basis of Product, Application and Geography.

By Product

• Welding Processing• Forging Processing

Based on By Product, the market is segmented into Welding Processing and Forging Processing.

By Application

Military Aircraft• Civil Aircraft

Based on By Application, the market is segmented into Military Aircraft and Civil Aircraft.

By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Aerospace Inconel Blisk Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Aerospace Inconel Blisk Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as MTU Aero Engines AG, ITP Aero, GKN Aerospace Services Limited, StarragHeckert Holding, TUSAS Engine Industries Inc., Hanwha Aerospace Co., Ltd, EDAC Technologies Corporation, TECT Power, Inc., Turbocam International and PM Group.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

Unit

Value (USD Billion)

KEY COMPANIES PROFILED

MTU Aero Engines AG, ITP Aero, GKN Aerospace Services Limited, StarragHeckert Holding, TUSAS Engine Industries Inc.

SEGMENTS COVERED
  • By Product
  • By Application
  • By Geography
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