Selected research
Industry Research
Gas Turbine Forgings Industry Research Report 2026
Market perspective
The global Gas Turbine Forgings market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Gas Turbine Forgings market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Gas Turbine Forgings market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Gas Turbine Forgings market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Gas Turbine Forgings include Wuxi Paike New Materials and Technology, Guizhou Aviation Technical Development, Wuxi Hyatech, SINOMACH, Guizhou Anda Aviation Forging, Voestalpine BÖHLER Aerospace, Somers Forge, Scot Forge and Howmet Aerospace, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Gas Turbine Forgings market in terms of revenue (US$ million) and, where applicable, service volume (t), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/t) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Gas Turbine Forgings.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Gas Turbine Forgings Market by Company
Wuxi Paike New Materials and Technology
Guizhou Aviation Technical Development
Wuxi Hyatech
SINOMACH
Guizhou Anda Aviation Forging
Voestalpine BÖHLER Aerospace
Somers Forge
Scot Forge
Howmet Aerospace
FRISA
Forgital Group
Doncasters
Consolidated Industries
Carlton Forge Works
Canton Drop Forge
Aubert & Duva
Gas Turbine Forgings Segment by Type
Shaft Forgings
Blade Forgings
Ring Forgings
Others
Gas Turbine Forgings Segment by Application
Oil and Gas
Power Generation
Ship
Others
Gas Turbine Forgings Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Gas Turbine Forgings market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Gas Turbine Forgings and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Gas Turbine Forgings.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Gas Turbine Forgings companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Shaft Forgings
- Blade Forgings
- Ring Forgings
- Others
Applications
- Oil and Gas
- Power Generation
- Ship
- Others
Companies covered
- Wuxi Paike New Materials and Technology
- Guizhou Aviation Technical Development
- Wuxi Hyatech
- SINOMACH
- Guizhou Anda Aviation Forging
- Voestalpine BÖHLER Aerospace
- Somers Forge
- Scot Forge
- Howmet Aerospace
- FRISA
- Forgital Group
- Doncasters
- Consolidated Industries
- Carlton Forge Works
- Canton Drop Forge
- Aubert & Duva
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Gas Turbine Forgings by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Shaft Forgings
- 2.2.3 Blade Forgings
- 2.2.4 Ring Forgings
- 2.2.5 Others
- 2.3 Gas Turbine Forgings by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Oil and Gas
- 2.3.3 Power Generation
- 2.3.4 Ship
- 2.3.5 Others
- 2.4 Assumptions and Limitations
3 Gas Turbine Forgings Breakdown Data by Type
- 3.1 Global Gas Turbine Forgings Historic Market Size by Type (2021-2026)
- 3.2 Global Gas Turbine Forgings Forecasted Market Size by Type (2027-2032)
4 Gas Turbine Forgings Breakdown Data by Application
- 4.1 Global Gas Turbine Forgings Historic Market Size by Application (2021-2026)
- 4.2 Global Gas Turbine Forgings Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Gas Turbine Forgings Market Perspective (2021-2032)
- 5.2 Global Gas Turbine Forgings Growth Trends by Region
- 5.2.1 Global Gas Turbine Forgings Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Gas Turbine Forgings Historic Market Size by Region (2021-2026)
- 5.2.3 Gas Turbine Forgings Forecasted Market Size by Region (2027-2032)
- 5.3 Gas Turbine Forgings Market Dynamics
- 5.3.1 Gas Turbine Forgings Industry Trends
- 5.3.2 Gas Turbine Forgings Market Drivers
- 5.3.3 Gas Turbine Forgings Market Challenges
- 5.3.4 Gas Turbine Forgings Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Gas Turbine Forgings Players by Revenue
- 6.1.1 Global Top Gas Turbine Forgings Players by Revenue (2021-2026)
- 6.1.2 Global Gas Turbine Forgings Revenue Market Share by Players (2021-2026)
- 6.2 Global Gas Turbine Forgings Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Gas Turbine Forgings Head Office and Area Served
- 6.4 Global Gas Turbine Forgings Players, Product Type & Application
- 6.5 Global Gas Turbine Forgings Manufacturers Established Date
- 6.6 Global Gas Turbine Forgings Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Gas Turbine Forgings Market Size (2021-2032)
- 7.2 North America Gas Turbine Forgings Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Gas Turbine Forgings Market Size by Country (2021-2026)
- 7.4 North America Gas Turbine Forgings Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Gas Turbine Forgings Market Size (2021-2032)
- 8.2 Europe Gas Turbine Forgings Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Gas Turbine Forgings Market Size by Country (2021-2026)
- 8.4 Europe Gas Turbine Forgings Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Gas Turbine Forgings Market Size (2021-2032)
- 9.2 Asia-Pacific Gas Turbine Forgings Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Gas Turbine Forgings Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Gas Turbine Forgings Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Gas Turbine Forgings Market Size (2021-2032)
- 10.2 South America Gas Turbine Forgings Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Gas Turbine Forgings Market Size by Country (2021-2026)
- 10.4 South America Gas Turbine Forgings Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Gas Turbine Forgings Market Size (2021-2032)
- 11.2 Middle East & Africa Gas Turbine Forgings Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Gas Turbine Forgings Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Gas Turbine Forgings Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Wuxi Paike New Materials and Technology
- 12.1.1 Wuxi Paike New Materials and Technology Company Information
- 12.1.2 Wuxi Paike New Materials and Technology Business Overview
- 12.1.3 Wuxi Paike New Materials and Technology Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.1.4 Wuxi Paike New Materials and Technology Gas Turbine Forgings Product Portfolio
- 12.1.5 Wuxi Paike New Materials and Technology Recent Developments
- 12.2 Guizhou Aviation Technical Development
- 12.2.1 Guizhou Aviation Technical Development Company Information
- 12.2.2 Guizhou Aviation Technical Development Business Overview
- 12.2.3 Guizhou Aviation Technical Development Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.2.4 Guizhou Aviation Technical Development Gas Turbine Forgings Product Portfolio
- 12.2.5 Guizhou Aviation Technical Development Recent Developments
- 12.3 Wuxi Hyatech
- 12.3.1 Wuxi Hyatech Company Information
- 12.3.2 Wuxi Hyatech Business Overview
- 12.3.3 Wuxi Hyatech Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.3.4 Wuxi Hyatech Gas Turbine Forgings Product Portfolio
- 12.3.5 Wuxi Hyatech Recent Developments
- 12.4 SINOMACH
- 12.4.1 SINOMACH Company Information
- 12.4.2 SINOMACH Business Overview
- 12.4.3 SINOMACH Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.4.4 SINOMACH Gas Turbine Forgings Product Portfolio
- 12.4.5 SINOMACH Recent Developments
- 12.5 Guizhou Anda Aviation Forging
- 12.5.1 Guizhou Anda Aviation Forging Company Information
- 12.5.2 Guizhou Anda Aviation Forging Business Overview
- 12.5.3 Guizhou Anda Aviation Forging Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.5.4 Guizhou Anda Aviation Forging Gas Turbine Forgings Product Portfolio
- 12.5.5 Guizhou Anda Aviation Forging Recent Developments
- 12.6 Voestalpine BÖHLER Aerospace
- 12.6.1 Voestalpine BÖHLER Aerospace Company Information
- 12.6.2 Voestalpine BÖHLER Aerospace Business Overview
- 12.6.3 Voestalpine BÖHLER Aerospace Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.6.4 Voestalpine BÖHLER Aerospace Gas Turbine Forgings Product Portfolio
- 12.6.5 Voestalpine BÖHLER Aerospace Recent Developments
- 12.7 Somers Forge
- 12.7.1 Somers Forge Company Information
- 12.7.2 Somers Forge Business Overview
- 12.7.3 Somers Forge Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.7.4 Somers Forge Gas Turbine Forgings Product Portfolio
- 12.7.5 Somers Forge Recent Developments
- 12.8 Scot Forge
- 12.8.1 Scot Forge Company Information
- 12.8.2 Scot Forge Business Overview
- 12.8.3 Scot Forge Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.8.4 Scot Forge Gas Turbine Forgings Product Portfolio
- 12.8.5 Scot Forge Recent Developments
- 12.9 Howmet Aerospace
- 12.9.1 Howmet Aerospace Company Information
- 12.9.2 Howmet Aerospace Business Overview
- 12.9.3 Howmet Aerospace Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.9.4 Howmet Aerospace Gas Turbine Forgings Product Portfolio
- 12.9.5 Howmet Aerospace Recent Developments
- 12.10 FRISA
- 12.10.1 FRISA Company Information
- 12.10.2 FRISA Business Overview
- 12.10.3 FRISA Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.10.4 FRISA Gas Turbine Forgings Product Portfolio
- 12.10.5 FRISA Recent Developments
- 12.11 Forgital Group
- 12.11.1 Forgital Group Company Information
- 12.11.2 Forgital Group Business Overview
- 12.11.3 Forgital Group Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.11.4 Forgital Group Gas Turbine Forgings Product Portfolio
- 12.11.5 Forgital Group Recent Developments
- 12.12 Doncasters
- 12.12.1 Doncasters Company Information
- 12.12.2 Doncasters Business Overview
- 12.12.3 Doncasters Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.12.4 Doncasters Gas Turbine Forgings Product Portfolio
- 12.12.5 Doncasters Recent Developments
- 12.13 Consolidated Industries
- 12.13.1 Consolidated Industries Company Information
- 12.13.2 Consolidated Industries Business Overview
- 12.13.3 Consolidated Industries Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.13.4 Consolidated Industries Gas Turbine Forgings Product Portfolio
- 12.13.5 Consolidated Industries Recent Developments
- 12.14 Carlton Forge Works
- 12.14.1 Carlton Forge Works Company Information
- 12.14.2 Carlton Forge Works Business Overview
- 12.14.3 Carlton Forge Works Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.14.4 Carlton Forge Works Gas Turbine Forgings Product Portfolio
- 12.14.5 Carlton Forge Works Recent Developments
- 12.15 Canton Drop Forge
- 12.15.1 Canton Drop Forge Company Information
- 12.15.2 Canton Drop Forge Business Overview
- 12.15.3 Canton Drop Forge Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.15.4 Canton Drop Forge Gas Turbine Forgings Product Portfolio
- 12.15.5 Canton Drop Forge Recent Developments
- 12.16 Aubert & Duva
- 12.16.1 Aubert & Duva Company Information
- 12.16.2 Aubert & Duva Business Overview
- 12.16.3 Aubert & Duva Revenue in Gas Turbine Forgings Business (2021-2026)
- 12.16.4 Aubert & Duva Gas Turbine Forgings Product Portfolio
- 12.16.5 Aubert & Duva Recent Developments
13 Report Conclusion
14 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst