Aircraft Engine Casting Market Report 2026

Aircraft Engine Casting Market Overview

• Aircraft Engine Casting market size has reached to $9.66 billion in 2025 • Expected to grow to $13.72 billion in 2030 at a compound annual growth rate (CAGR) of 7.2% • Growth Driver: Rising Aircraft Production Driving Growth In The Market Due To Increasing Air Travel Demand And Fleet Expansion • Market Trend: Advancements In Heat-Resistant Alloy Turbine Blade Casting For Enhanced Engine Performance And Durability • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Aircraft Engine Casting Market?

Aircraft engine casting refers to the manufacturing process of producing complex and high-precision metal components for aircraft engines by pouring molten metal into specially designed molds and allowing it to solidify into the required shape. It is used to make critical engine parts such as turbine blades, casings, and structural components that must withstand extreme temperatures, pressure, and high mechanical stress during operation. The main component types of aircraft engine casting include airfoils, casings, discs, shafts, combustor components, and other component types. Airfoils refer to precision-cast engine components such as turbine blades and vanes that are designed to withstand high temperatures and aerodynamic loads within aircraft engines. These castings are manufactured for commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation platforms and support engine types including turbofan, turboprop, turbojet, and turboshaft. The various applications involved are fans, compressor, combustion, turbine, and others and they are utilized by end users including original equipment manufacturers and aftermarket.

What Is The Aircraft Engine Casting Market Growth Forecast?

The aircraft engine casting market size is expected to see strong growth in the next few years. It will grow to $13.72 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to growing demand for next generation aircraft engines, increasing adoption of lightweight casting materials, rising investments in aerospace manufacturing capabilities, expanding aircraft engine maintenance requirements, increasing need for high precision engine components. Major trends in the forecast period include rising adoption of advanced casting techniques for aircraft engine components, increasing demand for lightweight and high-strength aerospace alloys, growing use of precision investment casting for complex engine parts, rising focus on improving casting quality and defect reduction, expansion of additive manufacturing integration with aircraft engine casting processes.

What Is The Driver Of The Aircraft Engine Casting Market?

The increasing aircraft production is expected to propel the growth of the aircraft engine casting market going forward. Aircraft production is the process of manufacturing and assembling all aircraft components into a complete, airworthy vehicle that meets strict safety and performance standards. Aircraft production is increasing mainly due to rising global air passenger traffic, as growing middle-class populations and affordable air travel drive higher demand for new aircraft to expand fleet capacity and replace older planes. Aircraft engine casting supports aircraft production by enabling the efficient, high-precision manufacturing of durable engine components that improve performance and scalability in aircraft assembly. For instance, in January 2025, according to Airbus SE, a France-based aircraft manufacturer, commercial aircraft deliveries rose from 735 units in 2023 to 766 units in 2024. Therefore, the increasing aircraft production is driving the growth of the aircraft engine casting industry.

Key Players In The Global Aircraft Engine Casting Market

Major companies operating in the aircraft engine casting market are Howmet Aerospace Inc., GE Aerospace, Rolls-Royce PLC, RTX Corporation, Safran S.A., Consolidated Precision Products Corp., ITP Aero Group S.A., Bharat Forge Limited, Magellan Aerospace Corporation, Doncasters Group Ltd., Impro Precision Industries Limited, ZOLLERN GmbH And Co. KG, MetalTek International Inc., Hitchiner Manufacturing Co. Inc., Bescast Inc., PTC Industries Limited, Milwaukee Precision Casting Inc., RLM Industries Inc., PBS Velka Bites a.s., Aerospace Industrial Development Corporation

Global Aircraft Engine Casting Market Trends and Insights

Major companies operating in the aircraft engine casting market are focusing on developing advanced products, such as heat-resistant alloy turbine blade casting, to enhance engine performance, thermal resistance, component durability, and fuel efficiency in next-generation aircraft engines. Heat-resistant alloy turbine blade casting refers to the production of turbine blades from high-temperature-resistant alloys using advanced casting technologies to enhance aircraft engine performance, durability, and thermal efficiency. For instance, in February 2024, Rostec, a Russia-based defense and technology company, launched the production of PD-8 aircraft engine turbine blades manufactured from advanced heat-resistant nickel-based alloys at the innovative UEC-Saturn casting facility in Rybinsk, Russia. It is designed to withstand extremely high loads and temperatures. The blades utilize five newly developed cast alloys for low- and high-pressure turbine components, enhancing engine durability, thermal resistance, and performance while supporting next-generation regional aircraft propulsion systems.

What Are Latest Mergers And Acquisitions In The Aircraft Engine Casting Market?

In August 2025, Pursuit Aerospace, a US-based aerospace manufacturing company, acquired Aeromet International Ltd. for an undisclosed amount. Through this acquisition, Pursuit Aerospace aims to expand its casting capabilities by integrating Aeromet International’s aluminum and magnesium investment and sand-casting expertise while enhancing its portfolio of aerospace and defense components and manufacturing solutions. Aeromet International Ltd. is a UK-based aerospace castings company that specializes in advanced aluminum and magnesium casting for the aerospace and defense industries.

What Defines the Aircraft Engine Casting Market?

The aircraft engine casting market consists of sales of compressor vanes and inlet guide vanes, bearing housings, and gearbox housings. 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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Aircraft Engine Casting Market Report 2026?

The aircraft engine casting market research report is one of a series of new reports from The Business Research Company that provides aircraft engine casting market statistics, including aircraft engine casting industry global market size, regional shares, competitors with a aircraft engine casting market share, detailed aircraft engine casting market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft engine casting industry. This aircraft engine casting 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.