Global Aircraft Control Surfaces Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Aircraft Control Surfaces are aerodynamic devices that allow the pilot to control and adjust the altitude of the aircraft and enable a stable flight. Thus, the aviation industry integrates this system into the surfaces of the models. The Aircraft Control Surfaces market is expanding because of factors such as the rising demand for aircraft and the growing demand for general aviation aircraft in the forecast period.
According to Statista in 2020, the global airline industry will be valued at around USD 359.3 billion. It rises and reaches around USD 471.8 billion in 2021. Therefore, with the rising growth across the airline industry, the demand for aircraft rises which boosts the market growth. Whereas shipments from various end-user industries and technological advancement and innovations create lucrative opportunities for the market. However, the higher cost of the aircraft control systems hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Aircraft Control Surfaces Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing growth in the aircraft procurement sectors, rising demand for the shipments of commercial, general aviation aircraft, military sectors and many others. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing growth activities by market players and the manufacturing of aircrafts in the region.
Major market players included in this report are:
- Magellan Aerospace Corp
- Strata Manufacturing PJSC
- The Boeing Company
- Airbus SE
- Triumph Group Inc.
- Spirit AeroSystems Inc.
- RUAG Group
- Aernnova Aerospace SA
- FACC AG
- Melrose Industries plc
Recent Developments in the Market:
- In April 2019, Magellan Aerospace Corp. has been awarded a multi-year contract to manufacture the control surface ribs for the Boeing 777X, as part of Boeing's Focused Factory initiative.
Global Aircraft Control Surfaces Market Report Scope:
- Historical Data 2019-2020-2021
- Base Year for Estimation 2021
- Forecast period 2022-2029
- Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered Type, Application, Region
- Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- Primary Flight Control Surfaces,
- Secondary Flight Control Surfaces
By Application:
- Commercial Aircraft,
- Military Aircraft,
- General Aviation Aircraft
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Aircraft Control Surfaces Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Aircraft Control Surfaces Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Aircraft Control Surfaces Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Aircraft Control Surfaces Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Aircraft Control Surfaces Market Dynamics
- 3.1. Aircraft Control Surfaces Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for aircraft
- 3.1.1.2. Growing demand for general aviation aircraft
- 3.1.2. Market Challenges
- 3.1.2.1. Higher cost of the aircraft control systems
- 3.1.3. Market Opportunities
- 3.1.3.1. Shipments from various end-user industries
- 3.1.3.2. Technological advancement and innovations
Chapter 4. Global Aircraft Control Surfaces Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Aircraft Control Surfaces Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Aircraft Control Surfaces Market by Type, Performance - Potential Analysis
- 6.3. Global Aircraft Control Surfaces Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Aircraft Control Surfaces Market, Sub Segment Analysis
- 6.4.1. Primary Flight Control Surfaces,
- 6.4.2. Secondary Flight Control Surfaces
Chapter 7. Global Aircraft Control Surfaces Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Aircraft Control Surfaces Market by Application, Performance - Potential Analysis
- 7.3. Global Aircraft Control Surfaces Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Aircraft Control Surfaces Market, Sub Segment Analysis
- 7.4.1. Commercial Aircraft,
- 7.4.2. Military Aircraft,
- 7.4.3. General Aviation Aircraft
Chapter 8. Global Aircraft Control Surfaces Market, Regional Analysis
- 8.1. Aircraft Control Surfaces Market, Regional Market Snapshot
- 8.2. North America Aircraft Control Surfaces Market
- 8.2.1. U.S. Aircraft Control Surfaces Market
- 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Aircraft Control Surfaces Market
- 8.3. Europe Aircraft Control Surfaces Market Snapshot
- 8.3.1. U.K. Aircraft Control Surfaces Market
- 8.3.2. Germany Aircraft Control Surfaces Market
- 8.3.3. France Aircraft Control Surfaces Market
- 8.3.4. Spain Aircraft Control Surfaces Market
- 8.3.5. Italy Aircraft Control Surfaces Market
- 8.3.6. Rest of Europe Aircraft Control Surfaces Market
- 8.4. Asia-Pacific Aircraft Control Surfaces Market Snapshot
- 8.4.1. China Aircraft Control Surfaces Market
- 8.4.2. India Aircraft Control Surfaces Market
- 8.4.3. Japan Aircraft Control Surfaces Market
- 8.4.4. Australia Aircraft Control Surfaces Market
- 8.4.5. South Korea Aircraft Control Surfaces Market
- 8.4.6. Rest of Asia Pacific Aircraft Control Surfaces Market
- 8.5. Latin America Aircraft Control Surfaces Market Snapshot
- 8.5.1. Brazil Aircraft Control Surfaces Market
- 8.5.2. Mexico Aircraft Control Surfaces Market
- 8.6. Rest of The World Aircraft Control Surfaces Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Magellan Aerospace Corp
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Strata Manufacturing PJSC
- 9.2.3. The Boeing Company
- 9.2.4. Airbus SE
- 9.2.5. Triumph Group Inc.
- 9.2.6. Spirit AeroSystems Inc.
- 9.2.7. RUAG Group
- 9.2.8. Aernnova Aerospace SA
- 9.2.9. FACC AG
- 9.2.10. Melrose Industries PLC
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption