Aircraft Fairings Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Aircraft Fairings Market
The aircraft fairings market size was valued at USD 1.41 billion in 2020, and the market is now projected to grow from USD 1.46 billion in 2021 to USD 2.60 billion by 2028, exhibiting a CAGR of 8.59% during the forecast period of 2021-2028.
COVID-19 pandemic has strictly impacted the aerospace industry. The drop in travel demand has transformed the dynamic of this industry. Passenger air travel has paused due to the need for social isolation. International travel was also limited to enclose its spread.
Weight has always been of key concern to aero-structures engineers who choice high strength to weight ratio materials to meet load requirements with short runway performance requirements. Some drop in airframe weight delivers relief to energy consumption. The growing demand for lightweight aero structures such as doors, control surfaces, and fairings across the world is the vital features liable for the aircraft fairing market growth during the prediction period.
Aerospace 3D printing is the modest way to fabricate progressive composite and 3D printed metal parts from on-demand MRO and spare parts in commercial aviation to innovation in Urban Air Mobility. The aerospace industry leader’s progress awareness to promptly shifting supply chains and labour accessibility with additive manufacturing.
Comprehensive Analysis of Aircraft Fairings Market
The market can be segmented in various ways, depending on the focus of analysis such as by platform, by application and by material. Based on platform, this market is segmented into commercial, military, regional, and general aviation. Based on application, the market is segmented into fuselage, engine, control surfaces, radars and antenna, and landing gear. Based on material, the market is segmented into aluminum, composite, and alloys.
North America region is dominating the aircraft fairings market share due to growing aircraft usage for air travel and cargo processes.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Malibu Aerospace (U.S.), FACC AG (Austria), Daher (France), NORDAM (U.S.), Airbus (France), Boeing (U.S.), Avcorp (Canada), Barnes Group (U.S.), Royal Engineered Composites (U.S.), Fiber Dynamics Inc. (U.S.), FDC Composites (Canada), Kaman Aero systems (U.S.), SAAB AB (Sweden), Lockheed Martin (U.S.), Shin Maywa (Japan), Strata Manufacturing (UAE) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In December 2021, Airbus, a prominent aircraft producer, declared that it accomplished the final structural assembly of the first test instance of the A321 XLR. In the test flight, the engineers will engine for the first time, then the landing gear retraction mechanism and the door fairings, followed by an whole quality inspection of the aircraft.
Segmentation Table
ATTRIBUTE DETAILS
Study Period2017-2028
Base Year2020
Estimated Year2021
Forecast Period2021-2028
Historical Period2017-2019
UnitValue (USD Billion)
SegmentationBy Platform
Commercial
Military
Regional
General Aviation
By Application
Fuselage
Engine
Control Surfaces
Radars and Antenna
Landing Gear
By Material
Aluminum
Composite
Alloys
By Geography
North America (Platform, Application, Material, and Country)
U.S. (By Platform)
Canada (By Platform)
Europe (Platform, Application, Material, and Country)
U.K. (By Platform)
Germany (By Platform)
France (By Platform)
Russia (By Platform)
Rest of Europe (By Platform)
Asia Pacific (Platform, Application, Material, and Country)
China (By Platform)
India (By Platform)
Japan (By Platform)
Australia (By Platform)
Rest of Asia Pacific (By Platform)
Rest of the World (Platform, Application, Material, and Country)
South America (By Platform)
Middle East & Africa (By Platform)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 5. Quantitative Insights-Impact of COVID-19 Pandemic on Global Aircraft Fairing Market
- 5.1. Impact of COVID-19 Pandemic on Global Aircraft Fairing Market
- 5.2. Steps Taken by Industry/Companies/Government to Overcome the Impact
- 5.3. Key Development in the industry in Response to COVID-19 Pandemic
- 5.4. Potential Opportunities due to COVID-19 Outbreak
- 6. Global Aircraft Fairing Market Analysis, Insights and Forecast, 2017-2028
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Platform
- 6.2.1. Commercial
- 6.2.2. Military
- 6.2.3. Regional
- 6.2.4. General Aviation
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Fuselage
- 6.3.2. Engine
- 6.3.3. Control Surfaces
- 6.3.4. Radars and Antenna
- 6.3.5. Landing Gear
- 6.4. Market Analysis, Insights and Forecast – By Material
- 6.4.1. Aluminum
- 6.4.2. Composite
- 6.4.3. Alloys
- 6.5. Market Analysis, Insights and Forecast – By Region
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia Pacific
- 6.5.4. Rest of the World
- 7. North America Aircraft Fairing Market Analysis, Insights and Forecast, 2017-2028
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Platform
- 7.2.1. Commercial
- 7.2.2. Military
- 7.2.3. Regional
- 7.2.4. General Aviation
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Fuselage
- 7.3.2. Engine
- 7.3.3. Control Surfaces
- 7.3.4. Radars and Antenna
- 7.3.5. Landing Gear
- 7.4. Market Analysis, Insights and Forecast – By Material
- 7.4.1. Aluminum
- 7.4.2. Composite
- 7.4.3. Alloys
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. The U.S.
- 7.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.1.1.1. Commercial
- 7.5.1.1.2. Military
- 7.5.1.1.3. Regional
- 7.5.1.1.4. General Aviation
- 7.5.2. Canada
- 7.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.2.1.1. Commercial
- 7.5.2.1.2. Military
- 7.5.2.1.3. Regional
- 7.5.2.1.4. General Aviation
- 7.5.3. Rest of the World
- 8. Europe Aircraft Fairing Market Analysis, Insights and Forecast, 2017-2028
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Platform
- 8.2.1. Commercial
- 8.2.2. Military
- 8.2.3. Regional
- 8.2.4. General Aviation
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Fuselage
- 8.3.2. Engine
- 8.3.3. Control Surfaces
- 8.3.4. Radars and Antenna
- 8.3.5. Landing Gear
- 8.4. Market Analysis, Insights and Forecast – By Material
- 8.4.1. Aluminum
- 8.4.2. Composite
- 8.4.3. Alloys
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. The U.K.
- 8.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.1.1.1. Commercial
- 8.5.1.1.2. Military
- 8.5.1.1.3. Regional
- 8.5.1.1.4. General Aviation
- 8.5.2. Germany
- 8.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.2.1.1. Commercial
- 8.5.2.1.2. Military
- 8.5.2.1.3. Regional
- 8.5.2.1.4. General Aviation
- 8.5.3. France
- 8.5.3.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.3.1.1. Commercial
- 8.5.3.1.2. Military
- 8.5.3.1.3. Regional
- 8.5.3.1.4. General Aviation
- 8.5.4. Russia
- 8.5.4.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.4.1.1. Commercial
- 8.5.4.1.2. Military
- 8.5.4.1.3. Regional
- 8.5.4.1.4. General Aviation
- 8.5.5. Rest of the Europe
- 8.5.5.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.5.1.1. Commercial
- 8.5.5.1.2. Military
- 8.5.5.1.3. Regional
- 8.5.5.1.4. General Aviation
- 9. Asia Pacific Aircraft Fairing Market Analysis, Insights and Forecast, 2017-2028
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Platform
- 9.2.1. Commercial
- 9.2.2. Military
- 9.2.3. Regional
- 9.2.4. General Aviation
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Fuselage
- 9.3.2. Engine
- 9.3.3. Control Surfaces
- 9.3.4. Radars and Antenna
- 9.3.5. Landing Gear
- 9.4. Market Analysis, Insights and Forecast – By Material
- 9.4.1. Aluminum
- 9.4.2. Composite
- 9.4.3. Alloys
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.1.1.1. Commercial
- 9.5.1.1.2. Military
- 9.5.1.1.3. Regional
- 9.5.1.1.4. General Aviation
- 9.5.2. India
- 9.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.2.1.1. Commercial
- 9.5.2.1.2. Military
- 9.5.2.1.3. Regional
- 9.5.2.1.4. General Aviation
- 9.5.3. Australia
- 9.5.3.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.3.1.1. Commercial
- 9.5.3.1.2. Military
- 9.5.3.1.3. Regional
- 9.5.3.1.4. General Aviation
- 9.5.4. Rest of Asia Pacific
- 9.5.4.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.4.1.1. Commercial
- 9.5.4.1.2. Military
- 9.5.4.1.3. Regional
- 9.5.4.1.4. General Aviation
- 10. Asia Pacific Aircraft Fairing Market Analysis, Insights and Forecast, 2017-2028
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Platform
- 10.2.1. Commercial
- 10.2.2. Military
- 10.2.3. Regional
- 10.2.4. General Aviation
- 10.3. Market Analysis, Insights and Forecast – By Application
- 10.3.1. Fuselage
- 10.3.2. Engine
- 10.3.3. Control Surfaces
- 10.3.4. Radars and Antenna
- 10.3.5. Landing Gear
- 10.4. Market Analysis, Insights and Forecast – By Material
- 10.4.1. Aluminum
- 10.4.2. Composite
- 10.4.3. Alloys
- 10.5. Market Analysis, Insights and Forecast – By Sub-Region
- 10.5.1. South America
- 10.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 10.5.1.1.1. Commercial
- 10.5.1.1.2. Military
- 10.5.1.1.3. Regional
- 10.5.1.1.4. General Aviation
- 10.5.2. The Middle East and Africa
- 10.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 10.5.2.1.1. Commercial
- 10.5.2.1.2. Military
- 10.5.2.1.3. Regional
- 10.5.2.1.4. General Aviation
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis (2020)
- 11.2. Competition Dashboard
- 11.3. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability)
- 11.3.1. Malibu Aerospace (The U.S.)
- 11.3.1.1. Overview,
- 11.3.1.2. Products & services,
- 11.3.1.3. SWOT analysis,
- 11.3.1.4. Recent developments,
- 11.3.1.5. strategies,
- 11.3.1.6. financials (based on availability)
- 11.3.2. FACC AG (Austria)
- 11.3.2.1. Overview,
- 11.3.2.2. Products & services,
- 11.3.2.3. SWOT analysis,
- 11.3.2.4. Recent developments,
- 11.3.2.5. strategies,
- 11.3.2.6. financials (based on availability)
- 11.3.3. Daher (France)
- 11.3.3.1. Overview,
- 11.3.3.2. Products & services,
- 11.3.3.3. SWOT analysis,
- 11.3.3.4. Recent developments,
- 11.3.3.5. strategies,
- 11.3.3.6. financials (based on availability)
- 11.3.4. NORDAM (The U.S.)
- 11.3.4.1. Overview,
- 11.3.4.2. Products & services,
- 11.3.4.3. SWOT analysis,
- 11.3.4.4. Recent developments,
- 11.3.4.5. strategies,
- 11.3.4.6. financials (based on availability)
- 11.3.5. Airbus (France)
- 11.3.5.1. Overview,
- 11.3.5.2. Products & services,
- 11.3.5.3. SWOT analysis,
- 11.3.5.4. Recent developments,
- 11.3.5.5. strategies,
- 11.3.5.6. financials (based on availability)
- 11.3.6. Boeing (The U.S.)
- 11.3.6.1. Overview,
- 11.3.6.2. Products & services,
- 11.3.6.3. SWOT analysis,
- 11.3.6.4. Recent developments,
- 11.3.6.5. strategies,
- 11.3.6.6. financials (based on availability)
- 11.3.7. Avcorp (Canada)
- 11.3.7.1. Overview,
- 11.3.7.2. Products & services,
- 11.3.7.3. SWOT analysis,
- 11.3.7.4. Recent developments,
- 11.3.7.5. strategies,
- 11.3.7.6. financials (based on availability)
- 11.3.8. Barnes Group (The U.S.)
- 11.3.8.1. Overview,
- 11.3.8.2. Products & services,
- 11.3.8.3. SWOT analysis,
- 11.3.8.4. Recent developments,
- 11.3.8.5. strategies,
- 11.3.8.6. financials (based on availability)
- 11.3.9. Royal Engineered Composites (The U.S.)
- 11.3.9.1. Overview,
- 11.3.9.2. Products & services,
- 11.3.9.3. SWOT analysis,
- 11.3.9.4. Recent developments,
- 11.3.9.5. strategies,
- 11.3.9.6. financials (based on availability)
- 11.3.10. Fiber Dynamics Inc. (The U.S.)
- 11.3.10.1. Overview,
- 11.3.10.2. Products & services,
- 11.3.10.3. SWOT analysis,
- 11.3.10.4. Recent developments,
- 11.3.10.5. strategies,
- 11.3.10.6. financials (based on availability)
- 11.3.11. FDC Composites (Canada)
- 11.3.11.1. Overview,
- 11.3.11.2. Products & services,
- 11.3.11.3. SWOT analysis,
- 11.3.11.4. Recent developments,
- 11.3.11.5. strategies,
- 11.3.11.6. financials (based on availability)
- 11.3.12. Kaman Aero systems (The U.S.)
- 11.3.12.1. Overview,
- 11.3.12.2. Products & services,
- 11.3.12.3. SWOT analysis,
- 11.3.12.4. Recent developments,
- 11.3.12.5. strategies,
- 11.3.12.6. financials (based on availability)
- 11.3.13. SAAB AB (Sweden)
- 11.3.13.1. Overview,
- 11.3.13.2. Products & services,
- 11.3.13.3. SWOT analysis,
- 11.3.13.4. Recent developments,
- 11.3.13.5. strategies,
- 11.3.13.6. financials (based on availability)
- 11.3.14. Lockheed Martin (The U.S.)
- 11.3.14.1. Overview,
- 11.3.14.2. Products & services,
- 11.3.14.3. SWOT analysis,
- 11.3.14.4. Recent developments,
- 11.3.14.5. strategies,
- 11.3.14.6. financials (based on availability)
- 11.3.15. Shin Maywa (Japan)
- 11.3.15.1. Overview,
- 11.3.15.2. Products & services,
- 11.3.15.3. SWOT analysis,
- 11.3.15.4. Recent developments,
- 11.3.15.5. strategies,
- 11.3.15.6. financials (based on availability)
- 11.3.16. Strata Manufacturing (UAE)
- 11.3.16.1. Overview,
- 11.3.16.2. Products & services,
- 11.3.16.3. SWOT analysis,
- 11.3.16.4. Recent developments,
- 11.3.16.5. strategies,
- 11.3.16.6. financials (based on availability)
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook