Global Aerostructures Market : Global Industry Analysis and Forecast (2018-2026)
The report estimates the market size for Global Aerostructures Market was valued US$ 55.80 Bn in 2017 and is expected to reach 89.20 Bn by 2026, at a CAGR of 6.04 % during a forecast period.
Increasing deployment of commercial aircraft across the globe is one of the key factors, which is expected to drive the growth in the global aerostructures market. Growing passenger mobility over the past few years, the commercial aviation industry is witnessing substantial growth in the deployment rate of commercial aircraft, which is powerfully driving and supporting the growth of the global aerostructure market. Furthermore, problems related with composite materials like material recycling is projected to limit the growth of the global aerostructure market during the forecast period.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global aerostructures market.
The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global aerostructures market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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Metal aerostructure is expected to hold maximum market share in global aerostructures market. Followed by metal aerostructure, the composite aerostructure is expected to grow at high rate of CAGR during the forecast period. Airliners are destructivelypursuing lightweight composite parts/structures, which can contribute to their goal of attaining higher fuel efficiency and reducing emissions. These factors are expected to increasedemand for composite aerostructures.
North America is expected to contribute the major market share in the global aerostructure market owing to presence of leading aerostructure key players. UTC Aerospace Systems and AAR Corp.in North America has seen increasing deliveries of aircraft in commercial and defense applications, which is further projected to drive the aerostructure market in this region. Followed by North America, Asia Pacific is projected to share significant growth in the aerostructure market owing to increasing demand for aircrafts in defense and general aviation and rapidly growing aerospace market in emerging developing economies like India and China.
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The Scope of the Report for Global Aerostructures Market
Global Aerostructures Market, By Component
• Fuselage
• Empennage
• Flight Control Surfaces
• Wings
• Nose
• Nacelle and Pylon
• Others
Global Aerostructures Market,By Material
• Composites
• Alloys
• Metals
Global Aerostructures Market,By Platform
• Fixed Wing Aircraft
o Commercial
o Unmanned Aerial Vehicles (UAVs)
o Military
o General
o Others
• Rotary Wing Aircraft
o Commercial
o Military
o Unmanned Aerial Vehicles (UAVs)
Global Aerostructures Market,By End Use
• Original Equipment Manufacturer (OEM)
• Aftermarket
Global Aerostructures Market,By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players Global Aerostructures Market
• Aar Corp.
• UTC Aerospace Systems
• Raug Group
• Saab AB
• Boeing
• Bombardier
• Lockheed Martin, etc.
• Spirit Aerosystems, Inc.
• Stelia Aerospace Group
• Bombardier Inc.
• Cyient Ltd.
• Elbit Systems Ltd.
• GKN Aerospace
MAJOR TOC OF THE REPORT
Chapter One: Aerostructures Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Aerostructures Market Competition, by Players
Chapter Four: Global Aerostructures Market Size by Regions
Chapter Five: North America Aerostructures Revenue by Countries
Chapter Six: Europe Aerostructures Revenue by Countries
Chapter Seven: Asia-Pacific Aerostructures Revenue by Countries
Chapter Eight: South America Aerostructures Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Aerostructures by Countries
Chapter Ten: Global Aerostructures Market Segment by Type
Chapter Eleven: Global Aerostructures Market Segment by Application
Chapter Twelve: Global Aerostructures Market Size Forecast (2019-2026)
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