Selected research
Industry Growth & Trends
Global Gas Turbine Forgings Industry Growth and Trends Forecast to 2032
Market perspective
According to APO Research, the global Gas Turbine Forgings market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Gas Turbine Forgings is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Gas Turbine Forgings is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Gas Turbine Forgings is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global companies in the Gas Turbine Forgings market 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
This report provides a structured, data-driven view of the global Gas Turbine Forgings market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Gas Turbine Forgings market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Gas Turbine Forgings market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Gas Turbine Forgings.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Gas Turbine Forgings market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
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 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: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). 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 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Gas Turbine Forgings companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Gas Turbine Forgings Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Gas Turbine Forgings Market Size by Region (2021-2032)
- 1.4.1 Global Gas Turbine Forgings Market Size by Region (2021-2026)
- 1.4.2 Global Gas Turbine Forgings Market Size by Region (2027-2032)
- 1.5 Key Regions Gas Turbine Forgings Market Size (2021-2032)
- 1.5.1 North America Gas Turbine Forgings Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Gas Turbine Forgings Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Gas Turbine Forgings Market Size Growth Rate (2021-2032)
- 1.5.4 South America Gas Turbine Forgings Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Gas Turbine Forgings Market Size Growth Rate (2021-2032)
2 Gas Turbine Forgings Market by Type
- 2.1 Type Introduction
- 2.1.1 Shaft Forgings
- 2.1.2 Blade Forgings
- 2.1.3 Ring Forgings
- 2.1.4 Others
- 2.2 Global Gas Turbine Forgings Market Size by Type
- 2.2.1 Global Gas Turbine Forgings Market Size Overview by Type (2021-2032)
- 2.2.2 Global Gas Turbine Forgings Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Gas Turbine Forgings Market Size Forecasted by Type (2027-2032)
- 2.3 Global Gas Turbine Forgings Market Size by Regions
- 2.3.1 North America Gas Turbine Forgings Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Gas Turbine Forgings Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Gas Turbine Forgings Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Gas Turbine Forgings Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Gas Turbine Forgings Market Size Breakdown by Type (2021-2026)
3 Gas Turbine Forgings Market by Application
- 3.1 Type Introduction
- 3.1.1 Oil and Gas
- 3.1.2 Power Generation
- 3.1.3 Ship
- 3.1.4 Others
- 3.2 Global Gas Turbine Forgings Market Size by Application
- 3.2.1 Global Gas Turbine Forgings Market Size Overview by Application (2021-2032)
- 3.2.2 Global Gas Turbine Forgings Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Gas Turbine Forgings Market Size Forecasted by Application (2027-2032)
- 3.3 Global Gas Turbine Forgings Market Size by Regions
- 3.3.1 North America Gas Turbine Forgings Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Gas Turbine Forgings Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Gas Turbine Forgings Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Gas Turbine Forgings Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Gas Turbine Forgings Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Gas Turbine Forgings Industry Trends
- 4.2 Gas Turbine Forgings Industry Drivers
- 4.3 Gas Turbine Forgings Industry Opportunities and Challenges
- 4.4 Gas Turbine Forgings Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Gas Turbine Forgings Revenue (2021-2026)
- 5.2 Global Gas Turbine Forgings Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Gas Turbine Forgings Key Company Headquarters & Area Served
- 5.4 Global Gas Turbine Forgings Company, Product Type & Application
- 5.5 Global Gas Turbine Forgings Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Gas Turbine Forgings Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Gas Turbine Forgings Players Market Share by Revenue in 2025
- 5.6.3 2025 Gas Turbine Forgings Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 Wuxi Paike New Materials and Technology
- 6.1.1 Wuxi Paike New Materials and Technology Company Information
- 6.1.2 Wuxi Paike New Materials and Technology Business Overview
- 6.1.3 Wuxi Paike New Materials and Technology Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 Wuxi Paike New Materials and Technology Gas Turbine Forgings Product Portfolio
- 6.1.5 Wuxi Paike New Materials and Technology Recent Developments
- 6.2 Guizhou Aviation Technical Development
- 6.2.1 Guizhou Aviation Technical Development Company Information
- 6.2.2 Guizhou Aviation Technical Development Business Overview
- 6.2.3 Guizhou Aviation Technical Development Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Guizhou Aviation Technical Development Gas Turbine Forgings Product Portfolio
- 6.2.5 Guizhou Aviation Technical Development Recent Developments
- 6.3 Wuxi Hyatech
- 6.3.1 Wuxi Hyatech Company Information
- 6.3.2 Wuxi Hyatech Business Overview
- 6.3.3 Wuxi Hyatech Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 Wuxi Hyatech Gas Turbine Forgings Product Portfolio
- 6.3.5 Wuxi Hyatech Recent Developments
- 6.4 SINOMACH
- 6.4.1 SINOMACH Company Information
- 6.4.2 SINOMACH Business Overview
- 6.4.3 SINOMACH Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 SINOMACH Gas Turbine Forgings Product Portfolio
- 6.4.5 SINOMACH Recent Developments
- 6.5 Guizhou Anda Aviation Forging
- 6.5.1 Guizhou Anda Aviation Forging Company Information
- 6.5.2 Guizhou Anda Aviation Forging Business Overview
- 6.5.3 Guizhou Anda Aviation Forging Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 Guizhou Anda Aviation Forging Gas Turbine Forgings Product Portfolio
- 6.5.5 Guizhou Anda Aviation Forging Recent Developments
- 6.6 Voestalpine BÖHLER Aerospace
- 6.6.1 Voestalpine BÖHLER Aerospace Company Information
- 6.6.2 Voestalpine BÖHLER Aerospace Business Overview
- 6.6.3 Voestalpine BÖHLER Aerospace Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Voestalpine BÖHLER Aerospace Gas Turbine Forgings Product Portfolio
- 6.6.5 Voestalpine BÖHLER Aerospace Recent Developments
- 6.7 Somers Forge
- 6.7.1 Somers Forge Company Information
- 6.7.2 Somers Forge Business Overview
- 6.7.3 Somers Forge Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 Somers Forge Gas Turbine Forgings Product Portfolio
- 6.7.5 Somers Forge Recent Developments
- 6.8 Scot Forge
- 6.8.1 Scot Forge Company Information
- 6.8.2 Scot Forge Business Overview
- 6.8.3 Scot Forge Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 Scot Forge Gas Turbine Forgings Product Portfolio
- 6.8.5 Scot Forge Recent Developments
- 6.9 Howmet Aerospace
- 6.9.1 Howmet Aerospace Company Information
- 6.9.2 Howmet Aerospace Business Overview
- 6.9.3 Howmet Aerospace Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 Howmet Aerospace Gas Turbine Forgings Product Portfolio
- 6.9.5 Howmet Aerospace Recent Developments
- 6.10 FRISA
- 6.10.1 FRISA Company Information
- 6.10.2 FRISA Business Overview
- 6.10.3 FRISA Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 FRISA Gas Turbine Forgings Product Portfolio
- 6.10.5 FRISA Recent Developments
- 6.11 Forgital Group
- 6.11.1 Forgital Group Company Information
- 6.11.2 Forgital Group Business Overview
- 6.11.3 Forgital Group Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.11.4 Forgital Group Gas Turbine Forgings Product Portfolio
- 6.11.5 Forgital Group Recent Developments
- 6.12 Doncasters
- 6.12.1 Doncasters Company Information
- 6.12.2 Doncasters Business Overview
- 6.12.3 Doncasters Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.12.4 Doncasters Gas Turbine Forgings Product Portfolio
- 6.12.5 Doncasters Recent Developments
- 6.13 Consolidated Industries
- 6.13.1 Consolidated Industries Company Information
- 6.13.2 Consolidated Industries Business Overview
- 6.13.3 Consolidated Industries Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.13.4 Consolidated Industries Gas Turbine Forgings Product Portfolio
- 6.13.5 Consolidated Industries Recent Developments
- 6.14 Carlton Forge Works
- 6.14.1 Carlton Forge Works Company Information
- 6.14.2 Carlton Forge Works Business Overview
- 6.14.3 Carlton Forge Works Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.14.4 Carlton Forge Works Gas Turbine Forgings Product Portfolio
- 6.14.5 Carlton Forge Works Recent Developments
- 6.15 Canton Drop Forge
- 6.15.1 Canton Drop Forge Company Information
- 6.15.2 Canton Drop Forge Business Overview
- 6.15.3 Canton Drop Forge Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.15.4 Canton Drop Forge Gas Turbine Forgings Product Portfolio
- 6.15.5 Canton Drop Forge Recent Developments
- 6.16 Aubert & Duva
- 6.16.1 Aubert & Duva Company Information
- 6.16.2 Aubert & Duva Business Overview
- 6.16.3 Aubert & Duva Gas Turbine Forgings Revenue, Global Share and Gross Margin (2021-2026)
- 6.16.4 Aubert & Duva Gas Turbine Forgings Product Portfolio
- 6.16.5 Aubert & Duva Recent Developments
7 North America
- 7.1 North America Gas Turbine Forgings Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Gas Turbine Forgings Market Size by Country (2021-2026)
- 7.3 North America Gas Turbine Forgings Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Gas Turbine Forgings Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Gas Turbine Forgings Market Size by Country (2021-2026)
- 8.3 Europe Gas Turbine Forgings Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Gas Turbine Forgings Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Gas Turbine Forgings Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Gas Turbine Forgings Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Gas Turbine Forgings Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Gas Turbine Forgings Market Size by Country (2021-2026)
- 10.3 South America Gas Turbine Forgings Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Gas Turbine Forgings Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Gas Turbine Forgings Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Gas Turbine Forgings Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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