Aircraft Aerostructures Market Revenue was valued at USD 50.2 Billion in 2024 and is estimated to reach USD 72.3 Billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033.
The global aircraft aerostructures market was valued at approximately USD 79.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030. This growth can be attributed to the increasing demand for both commercial and military aircraft, as well as the rise in air travel post pandemic. North America holds the largest share of the market, contributing significantly to the global market revenue, owing to the presence of major aircraft manufacturers and an established aerospace industry in the region. In addition, Europe and Asia Pacific are expected to witness substantial growth during the forecast period, with a notable increase in aircraft production in these regions, especially in countries such as China, India, and Japan. The aircraft aerostructures market in the Middle East and Africa, along with Latin America, is anticipated to witness a slower but steady growth rate due to ongoing infrastructure development in the aviation industry and a growing preference for air travel in these regions.
Regionally, North America is anticipated to dominate the aircraft aerostructures market, accounting for around 40% of the global share, followed by Europe with a share of about 30%. Asia Pacific is projected to experience the fastest growth in terms of CAGR during the forecast period, driven by increasing investments in the aerospace sector, rising disposable incomes, and the expansion of the aviation industry in emerging economies. Opportunities in this market are abundant, especially in the area of lightweight materials and advanced manufacturing technologies such as 3D printing and composites, which are expected to drive innovation and efficiency in aircraft production across the globe.
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Spirit AeroSystems
Premium Aerotech
GKN Aerospace (Melrose Industries)
Bombardier
Leonardo
Stelia Aerospace
Subaru Corporation
Collins Aerospace Systems
Korea Aerospace Industries
Safran
Mitsubishi Aircraft Corporation
Irkut
Triumph Group
Saab
Kawasaki Heavy Industries
FACC
Ruag Group
Elbit Systems
COMAC
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Aerostructures Market
Fuselage
Wing Structures
Empennage
Control Surfaces
Landing Gear
Aircraft Nose
Others
Aluminium
Composite Materials
Steel
Titanium
Magnesium
Others
Civil Aviation
Military Aviation
Business Aviation
Helicopters
Unmanned Aerial Vehicles (UAVs)
Subtractive Manufacturing
Additive Manufacturing
Hybrid Manufacturing
Stamping
Machining
Assembly
OEMs (Original Equipment Manufacturers)
Aftermarket Suppliers
Maintenance, Repair, and Overhaul (MRO) Providers
Specialized Component Manufacturers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Aerostructures Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Aerostructures Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Aerostructures Market, By Type
6. Global Aircraft Aerostructures Market, By Application
7. Global Aircraft Aerostructures Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Aerostructures Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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