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Global Aerostructures Market to reach USD 89.67 billion by 2028

Global Aerostructures Market Size study, by Material (Composites, Alloys & Superalloys and Metals), by Component (Fuselage, Empennage, Flight control surfaces, Wings, Nose), by End-User (OEM, Aftermarket), by Platform (Fixed Wing, Rotary Wing, UAVs, Advanced Air Mobility) and Regional Forecasts 2022-2028

Product Code: ALTAWT-19455164
Publish Date: 30-04-2022
Page: 200

Global Aerostructures Market is valued at approximately USD 49.05 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.0 % over the forecast period 2022-2028. The structural components of an aircraft’s body frame or airframe are known as aerostructures. Aerostructures on any aircraft body include propulsion systems, wings, flight control surfaces, fuselages, and empennage. Furthermore, the Market is driven by rise in the adoption of composite aerostructures and growing demand for air travel around the world. Composite material is highly favored to manufacture the airframe of aeroplanes owing to their properties such as durability, reliability, and toughness. For instance, the National Composites Centre (NCC) in the United Kingdom opened a new R&D facility in March 2020, focusing on the use of modern digital technology to create future aeroplane wings. Also, according to Statista, there were over 400 airports and airstrips in India, with 153 of them operational. In the financial year 2021, approximately 115 million passengers passed through Indian airports, with over 10 million of them being international travellers. Nevertheless, there was a decrease in both local and foreign passenger traffic. Since the second half of March 2020, passenger air travel has been halted because of the coronavirus (COVID-19) pandemic. However, recyclability issues of composite materials impede the growth of the Market over the forecast period of 2022-2028.

The geographical regions considered for the Global Aerostructures Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is dominating the Market growth in terms of revenue owing to the growing demand for aircraft for commercial application and increase in utility in the defence sector. However, Asia Pacific is projected to be the fastest-growing region in the upcoming years due to the rapidly growing aerospace Market in the region.

Major Market players included in this report are:
Bombardier Inc.
Cyient Ltd
GKN plc
Leonardo S.P.A.
RAUG International Hodling AG
Saab AB
Spirit AeroSystems Holdings Inc.
STELIA Aerospace Group
Triumph Group, Inc.
AAR Corporation

The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Material:
Composites
Alloys and super alloys
Metals
By Component:
Fuselage
Empennage
Flight control surfaces
Wings
Nose
others
By Platform:
Fixed Wing
Rotary Wing
Unmanned Aerial Vehicles (UAVs)
Advanced Air Mobility
By End-User:
OEM
AfterMarket
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Aerostructures Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Aerostructures Market, by Region, 2020-2028 (USD Billion)
1.2.2. Aerostructures Market, by Material, 2020-2028 (USD Billion)
1.2.3. Aerostructures Market, by Component, 2020-2028 (USD Billion)
1.2.4. Aerostructures Market, by Platform, 2020-2028 (USD Billion)
1.2.5. Aerostructures Market, by End-User, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Aerostructures Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Aerostructures Market Dynamics
3.1. Aerostructures Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rise in adoption of composite aerostructures
3.1.1.2. Growing demand for air travel around the world
3.1.2. Market Challenges
3.1.2.1. Recyclability issues of composite materials
3.1.3. Market Opportunities
3.1.3.1. Increasing adoption of hybrid-electric and eVTOL aircraft
3.1.3.2. Adoption of 3D printing For aerostructure manufacturing
Chapter 4. Global Aerostructures Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Aerostructures Market, by Material
6.1. Market Snapshot
6.2. Global Aerostructures Market by Material, Performance – Potential Analysis
6.3. Global Aerostructures Market Estimates & Forecasts by Material, 2019-2028 (USD Billion)
6.4. Aerostructures Market, Sub Segment Analysis
6.4.1. Composites
6.4.2. Alloys and superalloys
6.4.3. Metals
Chapter 7. Global Aerostructures Market, by Component
7.1. Market Snapshot
7.2. Global Aerostructures Market by Component, Performance – Potential Analysis
7.3. Global Aerostructures Market Estimates & Forecasts by Component, 2019-2028 (USD Billion)
7.4. Aerostructures Market, Sub Segment Analysis
7.4.1. Fuselage
7.4.2. Empennage
7.4.3. Flight control surfaces
7.4.4. Wings
7.4.5. Nose
Chapter 8. Global Aerostructures Market, by Platform
8.1. Market Snapshot
8.2. Global Aerostructures Market by Platform, Performance – Potential Analysis
8.3. Global Aerostructures Market Estimates & Forecasts by Platform, 2019-2028 (USD Billion)
8.4. Aerostructures Market, Sub Segment Analysis
8.4.1. Fixed Wing
8.4.2. Rotary Wing
8.4.3. Unmanned Aerial Vehicles (UAVs)
8.4.4. Advanced Air Mobility
Chapter 9. Global Aerostructures Market, by End-User
9.1. Market Snapshot
9.2. Global Aerostructures Market by End-User, Performance – Potential Analysis
9.3. Global Aerostructures Market Estimates & Forecasts by End-User, 2019-2028 (USD Billion)
9.4. Aerostructures Market, Sub Segment Analysis
9.4.1. OEM
9.4.2. AfterMarket
Chapter 10. Global Aerostructures Market, Regional Analysis
10.1. Aerostructures Market, Regional Market Snapshot
10.2. North America Aerostructures Market
10.2.1. U.S. Aerostructures Market
10.2.1.1. Material breakdown estimates & forecasts, 2019-2028
10.2.1.2. Component breakdown estimates & forecasts, 2019-2028
10.2.1.3. Platform breakdown estimates & forecasts, 2019-2028
10.2.1.4. End-User breakdown estimates & forecasts, 2019-2028
10.2.2. Canada Aerostructures Market
10.3. Europe Aerostructures Market Snapshot
10.3.1. U.K. Aerostructures Market
10.3.2. Germany Aerostructures Market
10.3.3. France Aerostructures Market
10.3.4. Spain Aerostructures Market
10.3.5. Italy Aerostructures Market
10.3.6. Rest of Europe Aerostructures Market
10.4. Asia-Pacific Aerostructures Market Snapshot
10.4.1. China Aerostructures Market
10.4.2. India Aerostructures Market
10.4.3. Japan Aerostructures Market
10.4.4. Australia Aerostructures Market
10.4.5. South Korea Aerostructures Market
10.4.6. Rest of Asia Pacific Aerostructures Market
10.5. Latin America Aerostructures Market Snapshot
10.5.1. Brazil Aerostructures Market
10.5.2. Mexico Aerostructures Market
10.6. Rest of The World Aerostructures Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. AAR Corporation
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Bombardier Inc.
11.2.3. Cyient Ltd
11.2.4. GKN plc
11.2.5. Leonardo S.P.A.
11.2.6. RUAG International Holdling AG
11.2.7. Saab AB
11.2.8. Spirit AeroSystems Holdings Inc.
11.2.9. STELIA Aerospace Group
11.2.10. Triumph Group, Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Market driving trends and favorable economic conditions
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Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
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