Global Aerospace Composite Components Market Growth 2024-2030
Aerospace composite components are advanced materials used in the aerospace industry to construct various parts of aircraft and spacecraft. These components are made from composite materials, which typically consist of a matrix (such as resin) and reinforcing fibers (such as carbon or glass fibers). The resulting composites are lightweight yet exceptionally strong and durable, offering superior performance compared to traditional metals. They are used in critical applications including aircraft fuselages, wings, and spacecraft structures, where their high strength-to-weight ratio and resistance to fatigue, corrosion, and extreme temperatures enhance fuel efficiency, safety, and overall performance. The use of aerospace composites contributes to the advancement of aerospace technology by enabling the design of more efficient, high-performing, and longer-lasting components.
The global Aerospace Composite Components market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Aerospace Composite Components Industry Forecast” looks at past sales and reviews total world Aerospace Composite Components sales in 2023, providing a comprehensive analysis by region and market sector of projected Aerospace Composite Components sales for 2024 through 2030. With Aerospace Composite Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aerospace Composite Components industry.
This Insight Report provides a comprehensive analysis of the global Aerospace Composite Components 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 Aerospace Composite Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aerospace Composite Components market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aerospace Composite Components 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 Aerospace Composite Components.
United States market for Aerospace Composite Components is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Aerospace Composite Components is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Aerospace Composite Components is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Aerospace Composite Components players cover Hexcel, Solvay, Toray, Spirit AeroSystems, GKN Aerospace, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Aerospace Composite Components market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Components
Aerostructures
Segmentation by Application:
Military Aircraft
Civilian Aircraft
Spacecraft
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Hexcel
Solvay
Toray
Spirit AeroSystems
GKN Aerospace
Mitsubishi Heavy Industries
Northrop Grumman
Aernnova Aerospace
Saertex
FACC
Safran
General Atomics
Kaman Aerospace
Collins Aerospace
Chengdu ALD Aviation Manufacturing
Jialiqi Advanced Composites Technology
Jiangsu Maixinlin Aviation Science and Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aerospace Composite Components market?
What factors are driving Aerospace Composite Components market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aerospace Composite Components market opportunities vary by end market size?
How does Aerospace Composite Components break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.