PUBLISHER: Grand View Research | PRODUCT CODE: 1530523
PUBLISHER: Grand View Research | PRODUCT CODE: 1530523
Aerostructures Market Size, Share & Trends Analysis Report By Platform (Commercial Aircraft, Military Aircraft, Business & General Aviation Aircraft, Advanced Air Mobility), By Component, By End-use, By Region, And Segment Forecasts, 2024 - 2030
Aerostructures Market Size & Trends
The global aerostructures market size was estimated at USD 63.48 billion in 2023 and is expected to grow at a CAGR of 7.4% from 2024 to 2030. The global rise in both passenger and cargo air travel has escalated demand for new aircraft, directly influencing the market growth. As airlines seek to expand their existing fleet size with more fuel-efficient and advanced aircraft, manufacturers are pushed to speed up production, benefiting suppliers of essential aerostructure components. This increase is driven by the expansion of emerging markets and the need to replace older aircraft with newer, eco-friendly models, promoting sustainable aviation.
Moreover, the continuous innovation in materials science and manufacturing processes, such as the use of composite materials and 3D printing, is revolutionizing the aerostructures market. These technologies offer significant advantages, including weight reduction, enhanced durability, and lower maintenance costs, leading to improved fuel efficiency and overall performance of aircraft. Adoption of such advancements allows manufacturers to meet stringent regulatory standards and customer expectations, fueling the market growth.
A substantial increase in defense budgets globally is another significant market growth driver. Many countries are investing in the enhancement of their defense capabilities, leading to a higher demand for military aircraft equipped with the latest aerostructures. This shift is particularly noticeable in regions with rising geopolitical tensions, where the modernization of air forces is a strategic priority, thus driving the market expansion.
Additionally, the trend towards outsourcing aerostructure manufacturing to third-party specialists is gaining importance among aircraft OEMs. This strategy allows OEMs to leverage the advanced capabilities, efficiency, and cost-effectiveness of dedicated aerostructure companies. Such collaborative partnerships enable faster production times, access to specialized expertise, and focusing on core competencies, collectively driving the growth of the aerostructure market.
Furthermore, with growing concerns over environmental impact and fuel efficiency, there is a rising trend for retrofitting and upgrading existing aircraft. Implementing new aerostructure technologies in older fleets can significantly enhance their performance and extend their operational lifespan. This demand for retrofits and upgrades presents a lucrative opportunity for aerostructure manufacturers, contributing to market growth as airlines look to comply with evolving regulatory standards and passenger expectations, propelling the market forward.
Global Aerostructures Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global aerostructures market report based on platform, component, end use, and region:
- Platform Outlook (Revenue, USD Billion, 2018 - 2030)
- Commercial Aircraft
- Military Aircraft
- Business and General Aviation Aircraft
- Advanced Air Mobility
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Fuselages
- Empennages
- Nose
- Wings
- Flight Control Surfaces
- Doors & SKIDs
- Nacelles & Pylons
- End-use Outlook (Revenue, USD Billion, 2018 - 2030)
- OEM
- Aftermarket
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
U.S.
Canada
Mexico
- Europe
Germany
U.K.
France
- Asia Pacific
Japan
China
India
Australia
South Korea
- Latin America
Brazil
- Middle East and Africa (MEA)
UAE
Saudi Arabia
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. Aerostructures Market Snapshot
- 2.2. Aerostructures Market- Segment Snapshot (1/2)
- 2.3. Aerostructures Market- Segment Snapshot (2/2)
- 2.4. Aerostructures Market- Competitive Landscape Snapshot
Chapter 3. Aerostructures Market - Industry Outlook
- 3.1. Market Overview
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.4. Technology Landscape
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's analysis
- 3.5.2. Macroeconomic analysis
Chapter 4. Aerostructures Market: Platform Estimates & Trend Analysis
- 4.1. Platform Movement Analysis & Market Share, 2023 & 2030
- 4.2. Aerostructures Market Estimates & Forecast, By Platform (USD Billion)
- 4.2.1. Commercial Aircraft
- 4.2.2. Military Aircraft
- 4.2.3. Business and General Aviation Aircraft
- 4.2.4. Advanced Air Mobility
Chapter 5. Aerostructures Market: Component Estimates & Trend Analysis
- 5.1. Component Movement Analysis & Market Share, 2023 & 2030
- 5.2. Aerostructures Market Estimates & Forecast, By Component (USD Billion)
- 5.2.1. Fuselages
- 5.2.2. Empennages
- 5.2.3. Nose
- 5.2.4. Wings
- 5.2.5. Flight Control Surfaces
- 5.2.6. Doors & SKIDs
- 5.2.7. Nacelles & Pylons
Chapter 6. Aerostructures Market: End Use Estimates & Trend Analysis
- 6.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 6.2. Aerostructures Market Estimates & Forecast, By End Use (USD Billion)
- 6.2.1. OEM
- 6.2.2. Aftermarket
Chapter 7. Regional Estimates & Trend Analysis
- 7.1. Aerostructures Market by Region, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Aerostructures Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.2.2. U.S.
- 7.2.3. Canada
- 7.2.4. Mexico
- 7.3. Europe
- 7.3.1. Europe Aerostructures Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.3.2. Germany
- 7.3.3. U.K.
- 7.3.4. France
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Aerostructures Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.4.2. Japan
- 7.4.3. China
- 7.4.4. India
- 7.4.5. South Korea
- 7.4.6. Australia
- 7.5. Latin America
- 7.5.1. Latin America Aerostructures Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.5.2. Brazil
- 7.6. Middle East & Africa (MEA)
- 7.6.1. MEA Aerostructures Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.6.2. Saudi Arabia
- 7.6.3. UAE
- 7.6.4. South Africa
Chapter 8. Aerostructures Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.8.1. Expansion/Divestiture
- 8.8.2. Collaborations/Partnerships
- 8.8.3. New Product Launches
- 8.8.4. Research & Development
- 8.9. Company Profiles
- 8.9.1. Airbus SE
- 8.9.1.1. Participant's Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.1.4. Recent Developments
- 8.9.2. Spirit AeroSystems Inc.
- 8.9.2.1. Participant's Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.2.4. Recent Developments
- 8.9.3. Saab AB
- 8.9.3.1. Participant's Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.3.4. Recent Developments
- 8.9.4. AAR CORP.
- 8.9.4.1. Participant's Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.4.4. Recent Developments
- 8.9.5. Bombardier Inc.
- 8.9.5.1. Participant's Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.5.4. Recent Developments
- 8.9.6. Triumph Group, Inc.
- 8.9.6.1. Participant's Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.6.4. Recent Developments
- 8.9.7. Elbit Systems Ltd.
- 8.9.7.1. Participant's Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.7.4. Recent Developments
- 8.9.8. The Boeing Company
- 8.9.8.1. Participant's Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.8.4. Recent Developments
- 8.9.9. Leonardo SpA
- 8.9.9.1. Participant's Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.9.4. Recent Developments
- 8.9.10. Cyient Limited
- 8.9.10.1. Participant's Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking
- 8.9.10.4. Recent Developments
- 8.9.1. Airbus SE
List of Figures
- Fig. 1 Market Segmentation And Scope
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/2)
- Fig. 8 Segment Snapshot (2/2)
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Aerostructures Market - Value Chain Analysis
- Fig. 11 Aerostructures Market - Market Dynamics
- Fig. 12 Aerostructures Market - Porter's Five Forces Analysis
- Fig. 13 Aerostructures Market - PESTEL Analysis
- Fig. 14 Aerostructures Market, By Platform : Key Takeaways
- Fig. 15 Aerostructures Market, By Platform: Market Share, 2023 & 2030
- Fig. 16 Commercial Aircraft Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 17 Military Aircraft Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 18 Business and General Aviation Aircraft Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 19 Advanced Air Mobility Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 20 Aerostructures Market, By Component : Key Takeaways
- Fig. 21 Aerostructures Market, By Component: Market Share, 2023 & 2030
- Fig. 22 Fuselages Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 23 Empennages Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 24 Nose Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 25 Wings Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 26 Flight Control Surfaces Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 27 Doors & SKIDs Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 28 Nacelles & Pylons Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 29 Aerostructures Market, By End Use : Key Takeaways
- Fig. 30 Aerostructures Market, By End Use : Market Share, 2023 & 2030
- Fig. 31 OEM Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 32 Aftermarket Market Estimates & Forecasts, 2018- 2030 (USD Billion)
- Fig. 33 Regional Marketplace: Key Takeaways
- Fig. 34 Regional Marketplace: Key Takeaways
- Fig. 35 North America Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 36 U.S. Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 37 Canada Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 38 Mexico Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 39 Europe Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 40 Germany Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 41 U.K. Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 42 France Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 43 Asia Pacific Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 44 China Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 45 India Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 46 Japan Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 47 Australia Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 48 South Korea Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 49 Latin America Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 50 Brazil Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 51 MEA Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 52 Saudi Arabia Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 53 South Africa Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 54 UAE Aerostructures Market Estimates & Forecast, 2018- 2030 (USD Billion)
- Fig. 55 Key Company Categorization
- Fig. 56 Componany Market Positioning
- Fig. 57 Strategic Framework
List of Tables
- Table 1 Key market driver impact
- Table 2 Key market restraint impact
- Table 3 Aerostructures Market Revenue Estimates and Forecast, By Platform, 2018 - 2030 (USD Billion)
- Table 4 Aerostructures Market Revenue Estimates and Forecast, By Component, 2018 - 2030 (USD Billion)
- Table 5 Aerostructures Market Revenue Estimates and Forecast, by End Use, 2018 - 2030 (USD Billion)
- Table 6 Recent Developments & Impact Analysis, By Key Market Participants
- Table 7 Company Heat Map Analysis
- Table 8 Key companies launching new products
- Table 9 Key companies pursuing expansions
- Table 10 Key companies pursuing mergers & acquisitions
- Table 11 Key companies striking collaborations/partnerships
