According to Stratistics MRC, the Global Aerostructures Market is accounted for $66.58 billion in 2019 and is expected to reach $127.59 billion by 2027 growing at a CAGR of 8.5% during the forecast period. Increasing demand for outsourced aerostructure manufacturing and rise in adoption of composite aerostructures by the general aviation industry are the major factors driving the market growth. However, recyclability issue of composites materials is restraining the market growth. Moreover, adoption of 3D printing for aerostructure manufacturing and decline in the cost of composite materials would provide ample opportunities for the market growth.
Aerostructures are the structural components of an aircraft's body frame or airframe. Aerostructures help an aircraft to withstand the aerodynamic forces during flight, and thus includes all the components that help an aircraft to fly.
Based on end user, the original equipment manufacturers (OEMs) segment is likely to have a huge demand due to the increase in aftermarket services offered by different aerostructure manufacturers. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rising aircraft deliveries in this region. Countries such as China, India, and Japan, among others are increasingly investing in the development of general aviation aircraft.
Some of the key players profiled in the Aerostructures Market include Aar Corp, Bombardier Inc, Cyient Ltd, Elbit Systems Ltd, GKN Aerospace, Leonardo S.P.A., Ruag Group, Saab AB, Spirit Aerosystems Inc, Stelia Aerospace Group, Triumph Group Inc and UTC Aerospace Systems.
Materials Covered:
- Alloys & Super Alloys
- Composites
- Metals
Components Covered:
- Empennage
- Flight Control Surfaces
- Fuselage
- Nacelle and Pylon
- Nose
- Wings
Platforms Covered:
- Rotary Wing Aircraft
- Fixed Wing Aircraft
Applications Covered:
End Users Covered:
- Aftermarket
- Original Equipment Manufacturer (OEM)
Regions Covered:
- North America
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Aerostructures Market, By Material
- 5.1 Introduction
- 5.2 Alloys & Super Alloys
- 5.3 Composites
- 5.4 Metals
6 Global Aerostructures Market, By Component
- 6.1 Introduction
- 6.2 Empennage
- 6.3 Flight Control Surfaces
- 6.4 Fuselage
- 6.5 Nacelle and Pylon
- 6.6 Nose
- 6.7 Wings
7 Global Aerostructures Market, By Platform
- 7.1 Introduction
- 7.2 Rotary Wing Aircraft
- 7.2.1 Unmanned Aerial Vehicles (UAVs)
- 7.2.2 Military
- 7.2.3 Commercial & Civil Helicopters
- 7.3 Fixed Wing Aircraft
- 7.3.1 Business Jets Aircraft
- 7.3.2 Commercial
- 7.3.3 General
- 7.3.4 Military
- 7.3.5 Unmanned Aerial Vehicles (UAVs)
- 7.3.6 Other Fixed Wing Aircrafts
- 7.3.6.1 Microlights
- 7.3.6.2 Gliders
8 Global Aerostructures Market, By Application
- 8.1 Introduction
- 8.2 Space Economy
9 Global Aerostructures Market, By End User
- 9.1 Introduction
- 9.2 Aftermarket
- 9.3 Original Equipment Manufacturer (OEM)
10 Global Aerostructures Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 Aar Corp
- 12.2 Bombardier Inc
- 12.3 Cyient Ltd
- 12.4 Elbit Systems Ltd
- 12.5 GKN Aerospace
- 12.6 Leonardo S.P.A.
- 12.7 Ruag Group
- 12.8 Saab AB
- 12.9 Spirit Aerosystems Inc
- 12.10 Stelia Aerospace Group
- 12.11 Triumph Group Inc
- 12.12 UTC Aerospace Systems