Global Aerostructures Market 2024-2028
The aerostructures market is forecasted to grow by USD 23.71 bn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the aerostructures market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by aviation-friendly government initiatives in APAC, growing air passenger traffic, and the implementation of composite materials for aerostructure components.
Technavio's aerostructures market is segmented as below:
By End-user
By Platform
- Fixed wing aircraft
- Rotary wing aircraft
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the emergence of 3D printing as one of the prime reasons driving the aerostructures market growth during the next few years. Also, the growing demand for narrow-body aircraft in APAC and the adoption of folded wings in commercial aircraft will lead to sizable demand in the market.
The report on the aerostructures market covers the following areas:
- Aerostructures market sizing
- Aerostructures market forecast
- Aerostructures market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aerostructures market vendors that include Aernnova Aerospace SA, Airbus SE, Albany International Corp., Cyient Ltd., DAHER, Elbit Systems Ltd., FACC AG, Groupe Industriel Marcel Dassault, Leonardo Spa, Magellan Aerospace Corp., Mahindra and Mahindra Ltd., Melrose Industries Plc, Muhr und Bender KG, Raytheon Technologies Corp., RUAG International Holding Ltd., Saab AB, Safran SA, Singapore Technologies Engineering Ltd., Spirit AeroSystems Inc., The Boeing Co., and The Nordam Group LLC. Also, the aerostructures market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.