Aviation Forging

Core view

Equipment, process and material advanced requirements, aviation forging is the technical high point in the forging field. Forging as a key link in the midstream of aviation manufacturing, large, precise and integrated development to support aircraft and engine performance improvement. Material side, aviation forging of aluminum alloy, high strength steel, titanium alloy and high temperature alloy difficult to deform material plastic processing, in order to achieve good mechanical properties; process side, the overall forging forming, isothermal precision forging, precision rolling technology development, improve forging precision, performance and material utilization.

Military aircraft and engine market demand of tens of billions of each, specialized development to form a stable pattern of supporting. We estimate that the annual demand for domestic military aircraft forgings in the next ten years is over 13 billion, and the annual demand for military engine forgings is nearly 10 billion, and the commercial aviation market has a wide space for domestic large aircraft and domestic commercial development, and the foreign trade subcontracting market is recovering after the epidemic, and the high growth of demand side continues.

The pattern of supply side is stable, and Hunan Tico participates in the development of model supporting through the focused development of niche areas and technology accumulation. With the scale base under the development of production expansion, the aviation forging enterprise enters the performance release period; at the same time follow the industry trend and customer demand, and actively layout product upgrade and industry chain extension.

Equipment batch production release scale effect, production line and technology upgrade optimization to promote industry cost reduction and efficiency. Forging equipment is the core asset of forging enterprises, large equipment is expensive, high depreciation costs after production; core forging equipment capacity flexibility, by increasing the auxiliary equipment has the potential to tap the space. From small batch and multi-species production to piece number batch production, it can give full play to equipment capacity and production efficiency, while diluting die costs and bringing significant scale benefits. Forging process parameters are strict, forging enterprises through the CNC intelligent production line for large-scale standard production, continuous research and development of lean technology and process level, can effectively shorten the development cycle, improve product quality, reduce raw material losses, to achieve cost reduction and efficiency.

Horizontal and vertical expansion with the ability and customer base, benchmarking PCC development path to open up market space. Forging equipment and processes are universal and relocatable, based on customer resources and demand for horizontal expansion of categories, can strengthen the system supporting capabilities. The host plant focus on the core assembly, parts and assembly demand spillover trend, forging companies to expand the machine processing and parts assembly business, can enhance the added value of products and industry status, while helping the industry chain to reduce costs and supply chain security.

Learning from overseas aviation forging and casting leader PCC development path, mergers and acquisitions horizontal expansion to build aviation forging platform, vertical extension of structural parts and raw materials business, scale and earnings significantly increased, and bring excess earnings for shareholders; domestic advantageous enterprises according to their own specialization and scale development stage characteristics, is expected to copy PCC path, open market space.

Recommended attention

Hunan Diko Intelligent Equipment Co., Ltd, one of the core suppliers of aviation forgings, the model batch production volume driven by high growth in performance, continued investment in technological innovation to expand equipment and production capacity, enhance product coverage; in line with the military and domestic large aircraft market precision die forgings demand growth, fixed investment to expand the die forging business, is expected to bring new growth points.