Aircraft brackets are structural components used in the construction and assembly of aircraft. They are typically made of metal, such as aluminum or steel, and serve to support various parts and components, ensuring their proper alignment and positioning within the aircraft structure. Brackets are designed to withstand the loads and stresses encountered during flight, including aerodynamic forces, vibrations, and weight. The Aircraft Brackets market is expanding because of factors such as growing urban air mobility and increase in adoption of lightweight materials Its importance has progressively increased during the forecast period 2023-2030.
According to the Statista, the global market for urban air mobility is expected to develop at a rate of more than 26 percent year on year in between year 2023 to 2035, reaching up to USD 86.8 billion by 2035. Furthermore, in 2021, the global air traffic passenger demand increased by over 22% over the previous year. Annual passenger demand growth has climbed by 69.4% in 2022 and 21% in 2023, respectively. Another important factor drives the Aircraft Brackets market is increasing adoption of lightweight materials. When it comes to aircraft brackets, lightweight materials are often preferred due to their ability to reduce overall weight while maintaining structural integrity. As it is important to note that the selection of materials for aircraft brackets depends on various factors, including the specific application, load requirements, environmental conditions, and regulatory standards. In addition, as per Statista, the global lightweight materials market is expected to reach approximately USD 242.8 billion in 2023. Moreover, increasing number of global passenger traffic and rising production of commercial aircrafts is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, shortage of profitable airlines in emerging economies stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Aircraft Brackets Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to presence of major tyre producers, OEMs, bracket manufacturers, and raw material distributors. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as growing presence of major aircraft OEMs in the region.
Major market player included in this report are:
- Precision Castparts Corp
- Stroco Manufacturing Inc
- Triumph Group Inc
- Denroy Plastics Ltd
- AIM Aerospace Inc
- Daher Socata SAS
- Premium Aerotec
- Arconic Inc
- Tri-Mack Plastics Manufacturing Corporation
- Spirit Aerosystems Inc
Recent Developments in the Market:
- In June 2023, Spirit AeroSystems increased its involvement in the production of Honda Aircraft Company's all-new light aircraft, which was first displayed as the HondaJet 2600 Concept at the 2021 NBAA-BACE. A composite bonded frame and an innovative build-to-print composite fuselage are part of the project. The new statement of work makes use of the spirit's technical expertise to offer cost-effective design and manufacturing efficiencies.
Global Aircraft Brackets Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Application, Aircraft Type, Bracket Type, Materials, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- 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 Application
- Aircraft fuselage
- Aircraft wings
- Aircraft control surfaces
By Aircraft Type
- Commercial aircraft
- Regional aircraft
- General aviation
- Military aircraft
- Helicopter
By Bracket Type
- Class- a
- Class- b
- Class- c
By Materials
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
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Aircraft Brackets Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Aircraft Brackets Market, by Application, 2020-2030 (USD Billion)
- 1.2.3. Aircraft Brackets Market, by Aircraft Type, 2020-2030 (USD Billion)
- 1.2.4. Aircraft Brackets Market, by Bracket Type, 2020-2030 (USD Billion)
- 1.2.5. Aircraft Brackets Market, by Materials, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Aircraft Brackets Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Aircraft Brackets Market Dynamics
- 3.1. Aircraft Brackets Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing urban air mobility
- 3.1.1.2. Increase in adoption of lightweight materials
- 3.1.2. Market Challenges
- 3.1.2.1. Shortage of profitable airlines in emerging economies
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing number of global passenger traffic
- 3.1.3.2. Rising production of commercial aircrafts
Chapter 4. Global Aircraft Brackets 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. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Aircraft Brackets Market, by Application
- 5.1. Market Snapshot
- 5.2. Global Aircraft Brackets Market by Application, Performance - Potential Analysis
- 5.3. Global Aircraft Brackets Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 5.4. Aircraft Brackets Market, Sub Segment Analysis
- 5.4.1. Aircraft fuselage
- 5.4.2. Aircraft wings
- 5.4.3. Aircraft control surfaces
Chapter 6. Global Aircraft Brackets Market, by Aircraft Type
- 6.1. Market Snapshot
- 6.2. Global Aircraft Brackets Market by Aircraft Type, Performance - Potential Analysis
- 6.3. Global Aircraft Brackets Market Estimates & Forecasts by Aircraft Type 2020-2030 (USD Billion)
- 6.4. Aircraft Brackets Market, Sub Segment Analysis
- 6.4.1. Commercial aircraft
- 6.4.2. Regional aircraft
- 6.4.3. General aviation
- 6.4.4. Military aircraft
- 6.4.5. Helicopter
Chapter 7. Global Aircraft Brackets Market, by Bracket Type
- 7.1. Market Snapshot
- 7.2. Global Aircraft Brackets Market by Bracket Type, Performance - Potential Analysis
- 7.3. Global Aircraft Brackets Market Estimates & Forecasts by Bracket Type 2020-2030 (USD Billion)
- 7.4. Aircraft Brackets Market, Sub Segment Analysis
- 7.4.1. Class- a
- 7.4.2. Class- b
- 7.4.3. Class- c
Chapter 8. Global Aircraft Brackets Market, by Materials
- 8.1. Market Snapshot
- 8.2. Global Aircraft Brackets Market by Materials, Performance - Potential Analysis
- 8.3. Global Aircraft Brackets Market Estimates & Forecasts by Materials 2020-2030 (USD Billion)
- 8.4. Aircraft Brackets Market, Sub Segment Analysis
- 8.4.1. Aluminium
- 8.4.2. Steel
Chapter 9. Global Aircraft Brackets Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Aircraft Brackets Market, Regional Market Snapshot
- 9.4. North America Aircraft Brackets Market
- 9.4.1. U.S. Aircraft Brackets Market
- 9.4.1.1. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Aircraft Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Bracket Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Materials breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Aircraft Brackets Market
- 9.5. Europe Aircraft Brackets Market Snapshot
- 9.5.1. U.K. Aircraft Brackets Market
- 9.5.2. Germany Aircraft Brackets Market
- 9.5.3. France Aircraft Brackets Market
- 9.5.4. Spain Aircraft Brackets Market
- 9.5.5. Italy Aircraft Brackets Market
- 9.5.6. Rest of Europe Aircraft Brackets Market
- 9.6. Asia-Pacific Aircraft Brackets Market Snapshot
- 9.6.1. China Aircraft Brackets Market
- 9.6.2. India Aircraft Brackets Market
- 9.6.3. Japan Aircraft Brackets Market
- 9.6.4. Australia Aircraft Brackets Market
- 9.6.5. South Korea Aircraft Brackets Market
- 9.6.6. Rest of Asia Pacific Aircraft Brackets Market
- 9.7. Latin America Aircraft Brackets Market Snapshot
- 9.7.1. Brazil Aircraft Brackets Market
- 9.7.2. Mexico Aircraft Brackets Market
- 9.8. Middle East & Africa Aircraft Brackets Market
- 9.8.1. Saudi Arabia Aircraft Brackets Market
- 9.8.2. South Africa Aircraft Brackets Market
- 9.8.3. Rest of Middle East & Africa Aircraft Brackets Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Precision Castparts Corp
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Stroco Manufacturing Inc
- 10.3.3. Triumph Group Inc
- 10.3.4. Denroy Plastics Ltd
- 10.3.5. AIM Aerospace Inc
- 10.3.6. Daher Socata SAS
- 10.3.7. Premium Aerotec
- 10.3.8. Arconic Inc
- 10.3.9. Tri-Mack Plastics Manufacturing Corporation
- 10.3.10. Spirit Aerosystems Inc
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption