Global Aero Wing Market Growth (Status and Outlook) 2023-2029

Global Aero Wing Market Growth (Status and Outlook) 2023-2029

Aero wing is referred to a type of wing that produce lifts. Wings have streamlined cross sections that are subjected to aerodynamic forces. Wings are the basic component of an aircraft to fly. The shape and design of aircraft wings play an important role in defining aircraft operations. The shape and design is required to generate the proper lift and streamline flow while reducing the drag and weight acting on the aircraft.
LPI (LP Information)' newest research report, the “Aero Wing Industry Forecast” looks at past sales and reviews total world Aero Wing sales in 2022, providing a comprehensive analysis by region and market sector of projected Aero Wing sales for 2023 through 2029. With Aero Wing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aero Wing industry.
This Insight Report provides a comprehensive analysis of the global Aero Wing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aero Wing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aero Wing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aero Wing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aero Wing.
The global Aero Wing market size is projected to grow from US$ 10270 million in 2022 to US$ 13280 million in 2029; it is expected to grow at a CAGR of 3.7% from 2023 to 2029.
The aero wing is classified into the narrow-body aircraft wing, wide-body aircraft wing, regional aircraft wing, military aircraft wing and other according to the product type. As of 2019, narrow-body aircraft wing segment occupied the largest market contributing more than 42% of the total market share.
Geographically, North America and Europe dominate the aircraft production market, While Asia-Pacific is expected to remain largest consumption market. Boeing Company and Airbus is the top two commercial aircraft manufacturers, delivery almost 80% airplane annual to the world.
The aero win market is relative concentrated market; key players include Airbus UK, Spirit AeroSystems, Mitsubishi Heavy Industries, Triumph Group, Sonaca Group, GKN Aerospace, AVIC XCAC the revenue of top five manufacturers accounts about 56% of the total revenue in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Aero Wing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Narrow-Body Aircraft Wing
Wide-Body Aircraft Wing
Regional Aircraft Wing
Military Aircraft Wing
Segmentation by application
Civil Aviation
Military
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Airbus UK
Spirit AeroSystems
Mitsubishi Heavy Industries
Triumph Group
Sonaca Group
GKN Aerospace
AVIC XCAC

Please note: The report will take approximately 2 business days to prepare and deliver.