Reports
Sale
Global Aerostructures Market Size, Share, Trends, Forecast: By Component: Wings, Nose, Fuselage, Nacelle and Pylon, Empennage, Others; By Material: Alloys, Metal, Composite; By Platform: Fixed-Wing Aircraft, Rotary-Wing Aircraft; By Aircraft: Commercial, Regional, Business, Others; By End-Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Aerostructures Market Outlook
The global aerostructures market is expected to grow at a CAGR of 6.3% during the period 2024-2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Global Aerostructures Market Likely to be Driven by Rising Global Demand for Air-services, Increasing Flight Volume and Advancements in Technology
The aerostructures market is expected to be driven by increased aircraft production across the globe, with key drivers including rising global population and demand for passenger and cargo air services, increased flight volume, industrial expansion, advancements in technology, rising personal income, and modernization of old aircraft. Due to growing wealth and population, developing economies would be a key factor driving the demand for aircraft. The various aircraft segments include civil and military aircraft, regional and business jets, jet fighters, freighters and helicopters. Key markets include North America, Europe and Asia Pacific. Developing economies such as China, India and Russia are expected to significantly influence market demand.
The air transport industry is expanding. Every year, airlines across the world transport billions of passengers and millions of tonnes of freight on millions of commercial flights. While this is an indicator of the considerable economic impact of aviation on the world economy, it is noteworthy that aviation accounts for over 3 per cent of the global gross domestic product (GDP). The aviation sector is rapidly growing is expected to grow at a quick pace. Innovations and technological advancements would enable novel business models and mobility services. Significant innovations include autonomous devices, artificial intelligence (AI), internet of things (IoT), ultralight materials, unmanned aircraft innovations, biometrics, robotics, block chain, alternative fuels and electric aircraft.
Aerostructure equipment market would, in turn be characterized by increased efforts of OEMs towards automation and development of enhanced tools and machines, cost-effective and functional tools and machines for smaller OEMs, and efforts to enhance engineering capacities and core competencies. Fulfilling cost targets and quality standards would warrant better technologies, hence, it is expected that novel technologies and innovations would emerge, which would lead to robust demand for advanced solutions. Such solutions (including fully-automated solutions) would, in turn, help boost the aerostructures market. Aerostructures refer to parts of an aircraft’s airframe. These include nacelles and pylons (inlets, fan cowls, thrust reversers, exhausts, engine build up), doors (passenger, cargo, landing gear, utility ramps), flight-controls (ailerons, flaps, slats and spoilers), empennage (rudders and elevators), naval composite structures, and specialized military flight structures.
Technological Developments Shaping the Aerostructures Industry
Global airframe design and aftermarket requirements have witnessed significant change owing to composites and additive manufacturing techniques. Biomimicry, winglets, laminar flow, and longer wing spans are essential elements in lowering fuel consumption and operating costs, and ensuring longer flights and higher maximum take-off weight. Demand for improvements in production rate, REACH compliance requirements, and non-conformities significantly affecting airframe structural design and build processes.
Growing Aerospace Industry in Countries like India Expected to Stimulate Market
In India, the aerospace industry is growing at a significant pace with increasing activity from civil aviation as well as defence sectors. There is growing demand for large aircraft from Indian carriers. Further, with India’s rising defence capital expenditure, the defence aerospace sector holds much potential, offering opportunities for new start-ups, and existing players to expand. These factors are expected to boost the market.
Global Aerostructures Market Segmentation
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By component, the market is segmented into:
- Wings
- Nose
- Fuselage
- Nacelle and Pylon
- Empennage
- Others
By material, the market is divided into:
- Alloys
- Metal
- Composite
By platform, the market is classified into:
- Fixed-Wing Aircraft (further broken down by type as given below)
- Commercial Aircraft
- Military Aircraft
- Business Jets
- General Aviation Aircraft
- UAVs
- Rotary-Wing Aircraft (further broken down by type as given below)
- Commercial and Civil Helicopters
- Military Helicopters
- UAVs
By aircraft, the market is segmented into:
- Commercial (further broken down by type as given below)
- Narrow Body
- Wide Body
- Regional
- Business
- Military
- Helicopter
By end-use, the market is classified into:
- OEM
- Aftermarket
By region, the market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Industry Players in the Global Aerostructures Market
The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Spirit AeroSystems, Inc.
- GKN plc
- RUAG International Holding AG
- Saab AB
- Airbus S.A.S.
- Triumph Group, Inc.
- Collins Aerospace
- Elbit Systems Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Material |
|
| Breakup by Platform |
|
| Breakup by Aircraft |
|
| Breakup by End-Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Aerostructures Market Analysis
8.1 Key Industry Highlights
8.2 Global Aerostructures Historical Market (2018-2023)
8.3 Global Aerostructures Market Forecast (2024-2032)
8.4 Global Aerostructures Market by Component
8.4.1 Wings
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Nose
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Fuselage
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Nacelle and Pylon
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Empennage
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Aerostructures Market by Material
8.5.1 Alloys
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Metal
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Composite
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 Global Aerostructures Market by Platform
8.6.1 Fixed-Wing Aircraft
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.1.4 Breakup by Type
8.6.1.4.1 Commercial Aircraft
8.6.1.4.2 Military Aircraft
8.6.1.4.3 Business Jets
8.6.1.4.4 General Aviation Aircraft
8.6.1.4.5 UAVs
8.6.2 Rotary-Wing Aircraft
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.2.4 Breakup by Type
8.6.2.4.1 Commercial and Civil Helicopters
8.6.2.4.2 Military Helicopters
8.6.2.4.3 UAVs
8.7 Global Aerostructures Market by Aircraft
8.7.1 Commercial
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.1.4 Breakup by Type
8.7.1.4.1 Narrow Body
8.7.1.4.2 Wide Body
8.7.2 Regional
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Business
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Military
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Helicopter
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
8.8 Global Aerostructures Market by End-Use
8.8.1 OEM
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2023)
8.8.1.3 Forecast Trend (2024-2032)
8.8.2 Aftermarket
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2023)
8.8.2.3 Forecast Trend (2024-2032)
8.9 Global Aerostructures Market by Region
8.9.1 North America
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2023)
8.9.1.3 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2023)
8.9.2.3 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2018-2023)
8.9.3.3 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Market Share
8.9.4.2 Historical Trend (2018-2023)
8.9.4.3 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Market Share
8.9.5.2 Historical Trend (2018-2023)
8.9.5.3 Forecast Trend (2024-2032)
9 North America Aerostructures Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Aerostructures Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Aerostructures Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Aerostructures Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Aerostructures Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Spirit AeroSystems, Inc
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 GKN plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 RUAG International Holding AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Saab AB
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Airbus S.A.S.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Triumph Group, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Collins Aerospace
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Elbit Systems Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Aerostructures Market: Key Industry Highlights, 2018 and 2032
2. Global Aerostructures Historical Market: Breakup by Component (USD Million), 2018-2023
3. Global Aerostructures Market Forecast: Breakup by Component (USD Million), 2024-2032
4. Global Aerostructures Historical Market: Breakup by Material (USD Million), 2018-2023
5. Global Aerostructures Market Forecast: Breakup by Material (USD Million), 2024-2032
6. Global Aerostructures Historical Market: Breakup by Platform (USD Million), 2018-2023
7. Global Aerostructures Market Forecast: Breakup by Platform (USD Million), 2024-2032
8. Global Aerostructures Historical Market: Breakup by Aircraft (USD Million), 2018-2023
9. Global Aerostructures Market Forecast: Breakup by Aircraft (USD Million), 2024-2032
10. Global Aerostructures Historical Market: Breakup by End-Use (USD Million), 2018-2023
11. Global Aerostructures Market Forecast: Breakup by End-Use (USD Million), 2024-2032
12. Global Aerostructures Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Aerostructures Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Aerostructures Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Aerostructures Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Aerostructures Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Aerostructures Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Aerostructures Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Aerostructures Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Aerostructures Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Aerostructures Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Aerostructures Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Aerostructures Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Global Aerostructures Market Structure
Key Questions Answered in the Report
The global aerostructures market is projected to grow at a CAGR of 6.3% between 2024 and 2032.
The major drivers of the market include the increasing demand for passenger and cargo air services, increased flight volume, industrial expansion, advancements in technology, rising personal income, modernisation of old aircraft, and growing wealth.
The increased aircraft production across the globe and rising global population are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various components in the market are wings, nose, fuselage, nacelle and pylon, and empennage, among others.
By material, the market is divided into alloys, metal, and composite.
The different platforms are fixed-wing aircraft and rotary-wing aircraft. Fixed-wing aircraft are further broken down into commercial aircraft, military aircraft, business jets, general aviation aircraft, and UAVs, while rotary-wing aircraft can be sub-divided into commercial and civil helicopters, military helicopters, and UAVs.
The major aircraft of the market is commercial, regional, business, military, and helicopter. Commercial can be further broken down into narrow body and wide body.
The end-uses include OEM and aftermarket.
The major players in the industry are Spirit AeroSystems, Inc., GKN plc, RUAG International Holding AG, Saab AB, Airbus S.A.S., Triumph Group, Inc., Collins Aerospace, Elbit Systems Ltd., among others.
Analyst Review
The global aerostructures market was driven by increased aircraft production across the globe in the historical period. Aided by increasing demand for passenger and cargo air services and industrial expansion, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 6.3%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The various components in the market are wings, nose, fuselage, nacelle and pylon, and empennage, among others. By material, the market is divided into alloys, metal, and composite. The different platforms are fixed-wing aircraft and rotary-wing aircraft. Fixed-wing aircraft are further broken down into commercial aircraft, military aircraft, business jets, general aviation aircraft, and UAVs while rotary-wing aircraft can be sub-divided into commercial and civil helicopters, military helicopters, and UAVs. The major aircraft of the market is commercial, regional, business, military, and helicopter. Commercial can be further broken down into narrow body and wide body. The end-uses include OEM and aftermarket. The major regional markets for aerostructures market are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Spirit AeroSystems, Inc., GKN plc, RUAG International Holding AG, Saab AB, Airbus S.A.S., Triumph Group, Inc., Collins Aerospace, Elbit Systems Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER