Aerospace Titanium Blisk Industry Growth, Size & Future Scope

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Aerospace Titanium Blisk Market Size, Key
Vendors, Growth Rate, Drivers, Volume and
Forecast Report
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• Owing to the numerous advantages offered by
  titanium-based blisks, such as low weight and
  high strength, they are witnessing a rising
  demand from the aerospace sector. These
  components offer as much as a 50 reduction in
  weight, as compared to nickel- and steel- based
  super alloys. Moreover, titanium has a much
  higher strength-to-weight ratio compared to
  aluminum and steel, with a density of 4.5 g/cm3.
  The increasing demand for higher fuel efficiency
  is pushing the need for a high bypass ratio,
  which is, in turn, fuelling the adoption of
  low-weight blisks.
• Driven by the above-mentioned factors, the
  revenue generated from the sales of aerospace
  titanium blisks increased from 3,988.3 million
  to 4,945.4 million, from 2017 to 2023. The
  global aerospace titanium blisk market is
  predicted to progress at a CAGR of 3.7 during
  the forecast period (20182023). Titanium blisks
  are used in commercial, general aviation,
  military and various other aerospace
  applications, such as in model and experimental
  aircraft. Amongst these, commercial aircraft
  recorded the highest usage of these components in
  2017, owing to the rising demand for cargo and
  passenger air transport across the world.
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• One of the biggest phenomena presently being
  observed in the aerospace titanium blisk market
  is the increasing usage of additive manufacturing
  techniques, in order to produce the blisks,
  through two distinct processes directed energy
  deposition (DED) and power bed fusion (PBF).
  These additive manufacturing techniques help in
  reducing the generation of material waste and
  increasing the designing freedom. Moreover, these
  methods help in overcoming the problems and
  drawbacks associated with the use of
  computer-numerical control (CNC) machines, such
  as those pertaining to chipping and complexity of
  design.
• Geographically, North America recorded the
  highest utilization of aerospace titanium blisks
  in 2017. This is mainly ascribed to the huge
  demand for business air transport fleets in the
  region. The total business aircraft fleet size in
  North America was reported to be 24,297 units in
  2017. The Asia-Pacific (APAC) region is expected
  to register the highest rise in the adoption of
  aerospace titanium blisks during the forecast
  period, due to several factors, such as the
  increasing fleet size of the air forces of China
  and India, soaring air passenger traffic, and
  mushrooming demand for cargo.
• Therefore, it is clear that the demand for
  aerospace titanium blisks will observe tremendous
  growth in future, due to the burgeoning
  requirement for cheaper, stronger, and lighter
  materials from the aerospace sector and the
  ballooning cargo and air travel requirements.
• This market research report provides a
  comprehensive overview of the aerospace titanium
  blisk market.
• This study covers
• Historical and the present size of the aerospace
  titanium blisk market
• Future potential of the market through its
  forecast for the period 2018-2023

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• Major factors driving the market and their impact
  during the short, medium, and long terms
• Market restraints and their impact during the
  short, medium, and long terms
• Recent trends and evolving opportunities for the
  market participants
• Historical and the present size of the market
  segments and understand their comparative future
  potential
• Potential of on-demand logistics services, so the
  market players make informed decisions on the
  sales of their offerings
• Competitive scenario of various market segments
  across key countries in several regions for
  uncovering market opportunities for the
  stakeholders
• Major players operating in the market and their
  service offerings
• Recent strategic developments by the major
  players in the market
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  strategies with astuteness.

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