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According to the latest research, the global Aerospace Inconel Blisk market size was valued at USD 1220.7 million in 2022 and is expected to expand at a CAGR of 5.74% during the forecast period, reaching USD 1706.27 million by 2028.
The Blisk is the component of the turbomachine which is composed of rotor disk and blades. Inconel blisk is a nickel chromium-based single piece axial blisk without the support of removable blades and disk. It is the integrally cast machined from the solid material by using welding or forging process. It mainly finds application in the aerospace engine designing.
In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, especially labor-intensive industries, affected by the supply of raw materials and labor shortages.
For the Aerospace Inconel Blisk industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.
But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.
Weakness
Machining aviation parts is different from any other industry because safety is the most important. Inconel is a metal that is difficult to form and process. Rapid work hardening often causes severe deformation of Inconel workpieces or tools in subsequent passes. Inconel has certain requirements for machining tools. For example, a solid carbide end mill toolpath, not optimized for Inconel 718, could result in catastrophic tool failure and a scrap forging, resulting in expensive loss of material and production time. With the continuous development of new materials, manufacturers must know how to manage and adapt to them. The design and structure of Inconel materials will always be a challenge because they are more abrasive and more difficult to process. In order to deal with this wear and subsequent lower tool life, manufacturers need to establish scheduled tool changes to avoid undesirable mixing points, so as not to endanger component design. The difficulty of processing materials poses a challenge to enterprises.
Opportunities
Legislation is becoming more and more strict on aircraft carbon dioxide emissions, and the market expects the industry to grow rapidly. Therefore, aero-engines must increase thrust and reduce fuel consumption. With the increase of aero-engine temperature, the efficiency also increases. Higher temperatures require very wear-resistant materials, which have better performance under pressure. Many components are becoming more and more complex, and must be processed with high precision to achieve the goal of reducing carbon dioxide emissions and fuel consumption by 20% set more than ten years ago.
Region Overview:
North America is projected to account for a considerable share of the Aerospace Inconel Blisk market and is expected to become the largest region by 2028.
Company Overview:
GE Aviation is one of the major players operating in the Aerospace Inconel Blisk market, holding a share of 25.8% in 2023.
GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, as well as integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.
Pratt & Whitney
A global leader in aerospace, P&WC is shaping the future of business, helicopter, regional and general aviation as well as auxiliary power generation with advanced engine technology.
Segmentation Overview:
By type, Welding segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Civil Aircraft segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Aerospace Inconel Blisk industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Aerospace Inconel Blisk. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Aerospace Inconel Blisk Market Report Include:
Market Size Estimates: Aerospace Inconel Blisk market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Aerospace Inconel Blisk market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Aerospace Inconel Blisk market
Segment Market Analysis: Aerospace Inconel Blisk market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Aerospace Inconel Blisk market situations and prospects in major and top regions and countries
Aerospace Inconel Blisk Market
Aerospace Inconel Blisk Industry Chain: Aerospace Inconel Blisk market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Aerospace Inconel Blisk Industry News, Policies by regions
Aerospace Inconel Blisk Industry Porters Five Forces Analysis
Key players in the global Aerospace Inconel Blisk market are covered in Chapter 2:
MTU Aero Engines AG
TEI Engine Industry
Hanwha Aerospace
GKN Aerospace
Whitcraft LLC
Pratt & Whitney
GE Aviation
In Chapter 6 and Chapter 9, on the basis of types, the Aerospace Inconel Blisk market from 2018 to 2028 is primarily split into:
Milling
ECM
PECM
Welding
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Aerospace Inconel Blisk market from 2018 to 2028 covers:
Military Aircraft
Civil Aircraft
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Aerospace Inconel Blisk market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Aerospace Inconel Blisk industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Aerospace Inconel Blisk market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Aerospace Inconel Blisk industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Aerospace Inconel Blisk market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Aerospace Inconel Blisk market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Aerospace Inconel Blisk market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
The Blisk is the component of the turbomachine which is composed of rotor disk and blades. Inconel blisk is a nickel chromium-based single piece axial blisk without the support of removable blades and disk. It is the integrally cast machined from the solid material by using welding or forging process. It mainly finds application in the aerospace engine designing.
In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, especially labor-intensive industries, affected by the supply of raw materials and labor shortages.
For the Aerospace Inconel Blisk industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.
But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.
Weakness
Machining aviation parts is different from any other industry because safety is the most important. Inconel is a metal that is difficult to form and process. Rapid work hardening often causes severe deformation of Inconel workpieces or tools in subsequent passes. Inconel has certain requirements for machining tools. For example, a solid carbide end mill toolpath, not optimized for Inconel 718, could result in catastrophic tool failure and a scrap forging, resulting in expensive loss of material and production time. With the continuous development of new materials, manufacturers must know how to manage and adapt to them. The design and structure of Inconel materials will always be a challenge because they are more abrasive and more difficult to process. In order to deal with this wear and subsequent lower tool life, manufacturers need to establish scheduled tool changes to avoid undesirable mixing points, so as not to endanger component design. The difficulty of processing materials poses a challenge to enterprises.
Opportunities
Legislation is becoming more and more strict on aircraft carbon dioxide emissions, and the market expects the industry to grow rapidly. Therefore, aero-engines must increase thrust and reduce fuel consumption. With the increase of aero-engine temperature, the efficiency also increases. Higher temperatures require very wear-resistant materials, which have better performance under pressure. Many components are becoming more and more complex, and must be processed with high precision to achieve the goal of reducing carbon dioxide emissions and fuel consumption by 20% set more than ten years ago.
Region Overview:
North America is projected to account for a considerable share of the Aerospace Inconel Blisk market and is expected to become the largest region by 2028.
Company Overview:
GE Aviation is one of the major players operating in the Aerospace Inconel Blisk market, holding a share of 25.8% in 2023.
GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, as well as integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.
Pratt & Whitney
A global leader in aerospace, P&WC is shaping the future of business, helicopter, regional and general aviation as well as auxiliary power generation with advanced engine technology.
Segmentation Overview:
By type, Welding segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Civil Aircraft segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Aerospace Inconel Blisk industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Aerospace Inconel Blisk. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Aerospace Inconel Blisk Market Report Include:
Market Size Estimates: Aerospace Inconel Blisk market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Aerospace Inconel Blisk market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Aerospace Inconel Blisk market
Segment Market Analysis: Aerospace Inconel Blisk market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Aerospace Inconel Blisk market situations and prospects in major and top regions and countries
Aerospace Inconel Blisk Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Aerospace Inconel Blisk Industry Chain: Aerospace Inconel Blisk market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Aerospace Inconel Blisk Industry News, Policies by regions
Aerospace Inconel Blisk Industry Porters Five Forces Analysis
Key players in the global Aerospace Inconel Blisk market are covered in Chapter 2:
MTU Aero Engines AG
TEI Engine Industry
Hanwha Aerospace
GKN Aerospace
Whitcraft LLC
Pratt & Whitney
GE Aviation
In Chapter 6 and Chapter 9, on the basis of types, the Aerospace Inconel Blisk market from 2018 to 2028 is primarily split into:
Milling
ECM
PECM
Welding
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Aerospace Inconel Blisk market from 2018 to 2028 covers:
Military Aircraft
Civil Aircraft
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Aerospace Inconel Blisk market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Aerospace Inconel Blisk industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Aerospace Inconel Blisk market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Aerospace Inconel Blisk industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Aerospace Inconel Blisk market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Aerospace Inconel Blisk market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Aerospace Inconel Blisk market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
