How has The Aerostructures Market Performed and What are its Growth Forecasts?
The aerostructures market size has grown robustly in recent years. It is predicted to escalate from $60.06 billion in 2024 to $65.07 billion in 2025 at a compound annual growth rate (CAGR) of 8.3% with increased commercial aircraft demand, growth in the defense sector, aging aircraft fleet, rise in space exploration, and increased air cargo demand being growth catalysts during the historic period.
Projected to continue its robust growth, the aerostructures market size is expected to reach $87.99 billion in 2029 at a CAGR of 7.8%. Emerging markets, airline fleet modernization, regulatory standards, market globalization, and increasing air traffic and passengers are anticipated to contribute to the significant growth in the forecast period. Major trends encompass digital twins and smart manufacturing, integration of sensors and connectivity, modular and scalable design, sustainability, eco-friendly materials, 3D printing, and additive manufacturing.
For further insights, get your free sample of the Global Aerostructures Market Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=7110&type=smp
What are the Key Growth Drivers in the Aerostructures Market?
The surge in commercial aircraft production will significantly drive the aerostructures market growth. Commercial aircraft are essential for transporting passengers and freight on a scheduled basis between selected airports. The swift growth in commercial aircraft production is expected to boost the usage of aerostructures, owing to their critical role in aircraft production and assembly.
What are the Segments in the Aerostructures Market?
• By Component: Fuselage, Empennage, Flight Control Surfaces, Wings, Nose, Nacelle and Pylon, Doors and Skid
• By Material: Composites, Alloys and Super Alloys, Metals
• By Platform: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles (UAVs), Advanced Air Mobility
• By End Use: OEM, After market
To gain more insights, order your report now for swift delivery: https://www.thebusinessresearchcompany.com/report/aerostructures-global-market-report
Who are the Major Players in the Aerostructures Market?
Prominent companies operating in the aerostructures market include Spirit AeroSystems, Saab AB, Triumph Group Inc., Leonardo SpA, Elbit Systems Ltd., Airbus S.A.S., The Boeing Company, Lockheed Martin Corporation, Northrop Grumman Corporation, BAE Systems plc, Raytheon Technologies Corporation, Safran S.A., Bombardier Inc., Embraer S.A., General Dynamics Corporation, Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., GKN Aerospace Ltd., FACC AG, RUAG Group, Collins Aerospace Ltd., Dassault Aviation S.A., Meggitt PLC, RUAG International, RUAG Space, Premium AEROTEC GmbH, Belge de Constructions Aéronautiques SA, Aero Vodochody AEROSPACE a.s., Singapore Technologies Engineering Ltd., Aviation Industry Corporation of China.
What are the Emerging Trends in the Aerostructures Market?
In the aerostructures industry, leading companies are restructuring and expanding their operations to bolster their market presence and enhance efficiency. In January 2022, Airbus introduced Airbus Atlantic, a fully-owned subsidiary, cementing its place as a significant player in the aerostructures industry.
Which Region Holds the Largest Share and is the Fastest Growing in the Aerostructures Market?
In 2024, North America dominated the aerostructures market, and it is anticipated to be the fastest-growing region in the market share during the forecast period. The Aerostructures market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Aerostructures Market Report 2025 Offer?
Aerostructures refer to components or subsystems of an aircraft’s airframe, including the entire fuselage, wings, or flight control surfaces. These are instrumental in the design, development, and assembly of an airplane. The Aerostructures Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7110
About The Business Research Company:
The Business Research Company boasts more than 15000+ reports covering 27 industries across 60+ geographies. A renowned name for comprehensive, data-rich research and insights, it possesses over 1,500,000 datasets, combines in-depth secondary research, and unique insights from industry leaders, providing the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
