The global winglets market size reached a value of approximately USD 1090.28 Million in 2024. The market is further expected to grow at a CAGR of 7.20% between 2025 and 2034, reaching a value of USD 2185.17 Million by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.2%
Value in USD Million
2025-2034
Winglets Market Outlook
*this image is indicative*
A winglet is a vertical wingtip extension that increases the cruising range and fuel efficiency of an airplane. This tiny air foil is employed to reduce the aerodynamic drag which is often associated with the vortices formed at the wingtips during flights. Winglets can be fitted on a wide range of aircrafts including military jets, commercial aircrafts, and business jets.
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The EMR’s report titled “Global Winglets Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Winglet Type
Market Breakup by Aircraft Type
Market Breakup by Fit
Market Breakup by End Use
Market Breakup by Region
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On the basis of end use, commercial aircrafts are anticipated to account for a major portion of the winglets market over the forecast period. Increasing domestic as well as international travel are expected to propel the growth of the market, driven by the growing tourism industry and easy accessibility and affordability of flights. Rising research and development activities by key players of the market to develop long lasting, advanced, and fuel-efficient aircrafts is anticipated to aid this growth.
At a regional level, North America occupies a significant share of the market for winglets owing to increased production of new aircrafts in the region and the large volume of air traffic in the region. Growing demands for domestic aviation services coupled with rising efforts to limit carbon emission and lower fuel usage have increased the requirement for efficient and safe aircrafts in North America, boosting the winglets market growth.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global winglets market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Airbus SE is an aviation and aerospace component manufacturing company that was founded in 2014 and is headquartered in Leiden in the Netherlands. They are global leaders in space, aeronautic, and related services and offer a comprehensive range of products.
BLR Aerospace, L.L.C. is an aviation company that was founded in 1992 and is based in Washington, United States. The company, with numerous supplement type certificate approvals, is known to deliver products with high technical calibre and performance.
Aviation Partners, Inc. was founded in 1991 and is based in Washington, United States. They are one of the global leaders in the production, marketing, and design of advanced technology winglet systems with specialities such as advanced aviation technology and blended winglets.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include The Boeing Company, GKN plc, Textron Aviation Inc., Winglet Technology, LLC, RUAG group, and Tamarack Aerospace, among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market for winglets reached a value of approximately USD 1090.28 Million in 2024.
The market for winglets is expected to grow at a CAGR of 7.20% between 2025 and 2034.
The market for winglets is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 2185.17 Million by 2034.
The major market drivers include growing concerns about the environment, rise in delivery and production of commercial aircrafts, and increasing demands for fuel efficient aircrafts.
The key trends fuelling the growth of the market include superior product characteristics and increasing retrofitting of winglets in aircrafts.
The significant aircraft types in the market are wide body aircraft, and narrow body aircraft.
The various winglet types in the market are sharklets, wingtip fences, blended winglets, and split scimitar winglets, among others.
The key players in the global winglets market are Airbus SE, BLR Aerospace, L.L.C., Aviation Partners, Inc., The Boeing Company, GKN plc, Textron Aviation Inc., Winglet Technology, LLC, RUAG group, and Tamarack Aerospace, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Winglet Type |
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| Breakup by Aircraft Type |
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| Breakup by Fit |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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