Aerostructures Market by Component (Fuselage, Empennage, Flight Control Surfaces, Wings, Nose, Nacelle & Pylon), Material (Composite, Alloys, Metals), End-Use (OEM, Aftermarket), Platform (Fixed & Rotary Wing), and Region - Global Forecast to 2022

  • ID: 4225641
  • Report
  • Region: Global
  • 179 Pages
  • Markets and Markets
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Aerostructures Market worth 75.97 Billion USD by 2022

FEATURED COMPANIES

  • Aar Corp.
  • Cyient Ltd.
  • GKN Aerospace
  • Ruag Holding AG
  • Spirit Aerosystems, Inc.
  • Triumph Group, Inc.
  • MORE

“Increase in outsourcing of aerostructure manufacturing to tier 1 and tier 2 suppliers is one of the key factors expected to drive the growth of the market”

The aerostructures market is projected to grow from USD 52.17 billion in 2016 to USD 75.97 billion by 2022, at a CAGR of 6.47% during the forecast period. The growth of this market is mainly attributed to the rise in aircraft deliveries in the commercial and general aviation sectors. In addition, outsourcing of aerostructure manufacturing by major OEMs to tier 1 and tier 2 suppliers is further anticipated to drive the growth of the aerostructures market. However, recyclability issues associated with composite materials are restraining the growth of the market.

“The empennage segment is projected to grow at the highest CAGR during the forecast period”

Based on component, the aerostructures market has been segmented into fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others. The empennage segment is projected to grow at the highest CAGR from 2016 to 2022. This growth is mainly attributed to the increasing usage of composite materials in the manufacture of empennage.

“The composites segment led the aerostructures market in 2016”

Based on material, the composites segment led the aerostructures market in 2016. Increasing adoption of composite aerostructures by the commercial and general aviation sectors is expected to drive the growth of the composites segment.

“North America is expected to lead the aerostructures market during the forecast period”

North America is expected to lead the aerostructures market from 2016 to 2022. Countries considered for market analysis in the North American region include the U.S. and Canada. The general and commercial aviation sectors in North America have witnessed considerable growth over the past few years, owing to increase in aircraft deliveries. In addition, the presence of leading manufacturers of aerostructures such as UTC Aerospace Systems (U.S.), Triumph Group, Inc. (U.S.), and AAR Corp. (U.S.) in this region is expected to drive the growth of the aerostructures market in North America.

Break-up of profile of primary participants in the aerostructures market:

  • By Company Type - Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
  • By Designation - C Level - 35%, Director Level - 25%, and Others - 40%
  • By Region - North America - 45%, Europe - 20%, Asia-Pacific - 30%, and RoW - 5%

Major companies operating in the aerostructures market include UTC Aerospace Systems (U.S.), Leonardo S.p.A. (Italy), Triumph Group, Inc. (U.S.), RUAG Holding AG (Switzerland), Saab AB (Sweden), Cyient Limited (India), and AAR Corp. (U.S.), among others.

Research Coverage:

This research report categorizes the aerostructures market based on component (fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others), material (composites, alloys, and metals), end-use (OEMs and aftermarket), and platform (rotary wing aircraft and fixed wing aircraft). These segments and subsegments have been analyzed across major regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW).

Reasons to buy this report:

From an insight perspective, this research report focuses on various levels of analyses - industry analysis (industry trends), company profiles, emerging and high-growth segments of the market, high-growth regions, and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on aerostructures offered by top players in the aerostructures market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and major contracts in the aerostructures market
  • Market Development: Comprehensive information about lucrative markets - the report analyzes the aerostructures market across various regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aerostructures market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the aerostructures market
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aar Corp.
  • Cyient Ltd.
  • GKN Aerospace
  • Ruag Holding AG
  • Spirit Aerosystems, Inc.
  • Triumph Group, Inc.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.2.1 Increase in Global Demand for Air Travel
2.2.2.2 Rise in Maintenance of the Existing Aircraft Fleet
2.2.3 Supply-Side Indicators
2.2.3.1 Increase in Production Capacity
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Aerostructures Market
4.2 Aerostructures Market, By Component
4.3 Aerostructures Market, By Material
4.4 Aerostructures Market, By End-Use
4.5 Aerostructures Market, By Platform
4.6 Aerostructures Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Scope
5.2.1 Aerostructures Market, By Component
5.2.2 Aerostructures Market, By End-Use
5.2.3 Aerostructures Market, By Platform
5.2.4 Aerostructures Market, By Material
5.2.5 Aerostructures Market, By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Demand for Outsourced Aerostructure Manufacturing
5.3.1.2 Increase in Commercial Aircraft Deliveries
5.3.1.3 Rise in Adoption of Composite Aerostructures By the General Aviation Industry
5.3.2 Restraints
5.3.2.1 Recyclability Issue of Composites Materials
5.3.3 Opportunities
5.3.3.1 Adoption of 3D Printing for Aerostructure Manufacturing
5.3.3.2 Decline in the Cost of Composite Materials
5.3.4 Challenges
5.3.4.1 High Cost of Transportation and Hurdles in Supply Chain
5.3.4.2 Uncertainties in Failure Prediction

6 Industry Trends
6.1 Introduction
6.2 Material Trends
6.2.1 Aerostructure Materials
6.2.1.1 Aircraft Composite Materials
6.2.1.2 Titanium
6.2.1.3 Smart Intelligent Aircraft Structures
6.3 Aerostructure Manufacturing Trends
6.3.1 3D Printing
6.3.2 Robotics
6.4 Porter’s Five Forces Analysis
6.4.1 Intensity of Competitive Rivalry
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Buyers
6.4.4 Bargaining Power of Suppliers
6.4.5 Threat of New Entrants
6.5 Patents

7 Aerostructures Market, By Component
7.1 Introduction
7.2 Fuselage
7.3 Empennage
7.4 Flight Control Surfaces
7.5 Wings
7.6 Nose
7.7 Nacelle and Pylon

8 Aerostructures Market, By Material
8.1 Introduction
8.2 Composites
8.3 Alloys & Super Alloys
8.4 Metals

9 Aerostructures Market, By End-Use
9.1 Introduction
9.2 Original Equipment Manufacturer (OEM)
9.3 Aftermarket

10 Aerostructures Market, By Platform
10.1 Introduction
10.2 Fixed Wing Aircraft
10.2.1 Commercial
10.2.2 Military
10.2.3 General
10.2.4 Unmanned Aerial Vehicles (UAV)
10.3 Rotary Wing Aircraft
10.3.1 Commercial
10.3.2 Military
10.3.3 Unmanned Aerial Vehicles (UAV)

11 Regional Analysis
11.1 Introduction
11.1.1 By Component
11.1.2 By Material
11.1.3 By Platform
11.1.4 By Region
11.2 North America
11.2.1 By Component
11.2.2 By Material
11.2.3 By Platform
11.2.3.1 By Fixed Wing
11.2.3.2 By Rotary Wing
11.2.4 By Country
11.2.4.1 U.S.
11.2.4.2 Canada
11.3 Europe
11.3.1 By Component
11.3.2 By Material
11.3.3 By Platform
11.3.3.1 By Rotary Wing Platform
11.3.3.2 By Fixed Wing Platform
11.3.4 By Country
11.3.4.1 U.K.
11.3.4.2 Germany
11.3.4.3 France
11.3.4.4 Italy
11.3.4.5 Russia
11.3.4.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 By Component
11.4.2 By Material
11.4.3 By Platform
11.4.3.1 By Fixed Wing Platform
11.4.3.2 By Rotary Wing Platform
11.4.4 By Country
11.4.4.1 China
11.4.4.2 India
11.4.4.3 Japan
11.4.4.4 Australia
11.4.4.5 Rest of Asia-Pacific
11.5 Rest of the World
11.5.1 By Component
11.5.2 By Material
11.5.3 By Platform
11.5.3.1 By Fixed Wing Platform
11.5.3.2 By Rotary Wing Platform
11.5.4 By Country
11.5.4.1 Brazil
11.5.4.2 UAE
11.5.4.3 South Africa

12 Competitive Landscape
12.1 Introduction
12.1.1 Vanguards
12.1.2 Innovators
12.1.3 Dynamic
12.1.4 Emerging
12.2 Competitive Benchmarking
12.2.1 Product Offerings (For Top 12 Players)
12.2.2 Business Strategies (For Top 12 Players)

13 Company Profiles
(Overview, Financial - , Products & Services, Strategy, and Developments)
13.1 Spirit Aerosystems, Inc.
13.2 Aar Corp.
13.3 Ruag Holding AG
13.4 UTC Aerospace Systems
13.5 Bombardier Inc.
13.6 Leonardo S.P.A.
13.7 Saab AB
13.8 Cyient Ltd.
13.9 Triumph Group, Inc.
13.10 GKN Aerospace
13.11 Elbit Systems Ltd.
13.12 Stelia Aerospace Group
  • Details Might Not Be Captured in Case of Unlisted Companies.
14 Appendix
14.1 Discussion Guide
14.2 Discussion Guide
14.3 Knowledge Store
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables:
Table 1 Percentage of Failure in the Engineering and Aircraft Components
Table 2 Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 3 Fuselage Segment, By Region, 2014-2022 (USD Billion)
Table 4 Empennage Segment, By Region, 2014-2022 (USD Billion)
Table 5 Flight Control Surfaces Segment, By Region, 2014-2022 (USD Billion)
Table 6 Wings Segment, By Region, 2014-2022 (USD Billion)
Table 7 Nose Segment, By Region, 2014-2022 (USD Billion)
Table 8 Nacelle and Pylon Segment, By Region, 2014-2022 (USD Billion)
Table 9 Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 10 Composites Segment, By Region, 2014-2022 (USD Billion)
Table 11 Alloys & Super Alloys Segment, By Region, 2014-2022 (USD Billion)
Table 12 Metals Segment, By Region, 2014-2022 (USD Billion)
Table 13 Aerostructures Market Size, By End-Use, 2014-2022 (USD Billion)
Table 14 OEM Segment, By Region, 2014-2022 (USD Billion)
Table 15 Aftermarket Segment, By Region, 2014-2022 (USD Billion)
Table 16 Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 17 Fixed Wing Aircraft, By Region, 2014-2022 (USD Billion)
Table 18 Rotary Wing Aircraft, By Region, 2014-2022 (USD Billion)
Table 19 Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 20 Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 21 Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 22 Aerostructures Market Size, By Region, 2014-2022 (USD Billion)
Table 23 North America Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 24 North America Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 25 North America Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 26 North America Aerostructures Market Size, By Fixed Wing Platform, 2014-2022 (USD Billion)
Table 27 North America Aerostructures Market Size, By Rotary Wing Platform, 2014-2022 (USD Billion)
Table 28 North America Aerostructures Market Size, By Country, 2014-2022 (USD Billion)
Table 29 U.S. Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 30 U.S. Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 31 U.S. Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 32 Canada Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 33 Canada Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 34 Canada Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 35 Europe Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 36 Europe Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 37 Europe Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 38 Europe Aerostructures Market Size, By Fixed Wing Platform, 2014-2022 (USD Billion)
Table 39 Europe Aerostructures Market Size, By Rotary Wing Platform, 2014-2022 (USD Billion)
Table 40 Europe Aerostructures Market Size, By Country, 2014-2022 (USD Billion)
Table 41 U.K. Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 42 U.K. Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 43 U.K. Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 44 Germany Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 45 Germany Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 46 Germany Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 47 France Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 48 France Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 49 France Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 50 Italy Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 51 Italy Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 52 Italy Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 53 Russia Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 54 Russia Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 55 Russia Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 56 Rest of Europe Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 57 Rest of Europe Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 58 Rest of Europe Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 59 Asia-Pacific Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 60 Asia-Pacific Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 61 Asia-Pacific Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 62 Asia-Pacific Aerostructures Market Size, By Fixed Wing Platform, 2014-2022 (USD Billion)
Table 63 Asia-Pacific Aerostructures Market Size, By Rotary Wing Platform, 2014-2022 (USD Billion)
Table 64 Asia-Pacific Aerostructures Market Size, By Country, 2014-2022 (USD Billion)
Table 65 China Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 66 China Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 67 China Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 68 India Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 69 India Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 70 India Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 71 Japan Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 72 Japan Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 73 Japan Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 74 Australia Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 75 Australia Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 76 Australia Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 77 Rest of Asia-Pacific Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 78 Rest of Asia-Pacific Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 79 Rest of Asia-Pacific Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 80 RoW Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 81 RoW Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 82 RoW Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 83 RoW Aerostructures Market Size, By Fixed Wing Platform, 2014-2022 (USD Billion)
Table 84 RoW Aerostructures Market Size, By Rotary Wing Platform, 2014-2022 (USD Billion)
Table 85 RoW Aerostructures Market Size, By Country, 2014-2022 (USD Billion)
Table 86 Brazil Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 87 Brazil Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 88 Brazil Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 89 UAE Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 90 UAE Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 91 UAE Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)
Table 92 South Africa Aerostructures Market Size, By Component, 2014-2022 (USD Billion)
Table 93 South Africa Aerostructures Market Size, By Material, 2014-2022 (USD Billion)
Table 94 South Africa Aerostructures Market Size, By Platform, 2014-2022 (USD Billion)

List of Figures:
Figure 1 Aerostructures Market: Market Segmentation
Figure 2 Years Considered for the Study
Figure 3 Research Process Flow
Figure 4 Aerostructures Market: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Global Air Passenger Traffic (2005-2015)
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Assumptions of the Research Study
Figure 11 Aerostructures Market, By Component, 2016 & 2022 (USD Billion)
Figure 12 The Composites Segment is Anticipated to Grow at the Highest CAGR During the Forecast Period
Figure 13 Aerostructures Market, By Platform, 2016 & 2022 (USD Billion)
Figure 14 The Aftermarket Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 15 The Aerostructures Market in the Asia-Pacific Region is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Increase in Commercial Aircraft Deliveries is One of the Most Significant Factors Driving the Growth of the Aerostructures Market
Figure 17 The Empennage Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 18 The Composites Segment is Projected to Lead the Market During the Forecast Period
Figure 19 The OEM Segment Dominates the Aerostructures Market, By End-Use in 2016
Figure 20 The Rotary Wing Aircraft Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Asia-Pacific Projected to Be the Fastest-Growing Market for Aerostructures During the Forecast Period
Figure 22 Aerostructures Market Segmentation
Figure 23 Aerostructures Market, By Component
Figure 24 Aerostructures Market, By End-Use
Figure 25 Aerostructures Market, By Platform
Figure 26 Aerostructures Market, By Material
Figure 27 Aerostructures Market, By Region
Figure 28 Aerostructures Market: Drivers, Restraints, Opportunities, and Challenges
Figure 29 Commercial Aircraft Deliveries By Different Aircraft Manufacturers, 2015 & 2016
Figure 30 Deliveries of General Aviation Aircraft
Figure 31 Decline in the Cost of Composite Materials and Proportionate Consumption of Composites (2012-2020)
Figure 32 Cost of Various Composite Aerostructure Materials
Figure 33 Order Backlogs of Aircraft Manufacturers (Airbus & Boeing)
Figure 34 Percentage of Aerospace Materials Used in Commercial Fixed Wing Aircraft
Figure 35 Percentage of Composite Materials Used in Commercial and Military Aircraft (1975-2015)
Figure 36 Percentage of Titanium Used in Commercial Aircraft
Figure 37 Bargaining Power of Buyers Expected to Have A High Impact on the Aerostructures Market
Figure 38 Porter’s Five Forces Analysis
Figure 39 Aerostructures Market: Intensity of Competitive Rivalry
Figure 40 Aerostructures Market: Threat of Substitutes
Figure 41 Aerostructures Market: Bargaining Power of Buyers
Figure 42 Aerostructures Market: Bargaining Power of Suppliers
Figure 43 Aerostructures Market: Threat of New Entrants
Figure 44 Empennage Projected to Grow at the Highest CAGR in the Aerostructures Market, By Component During the Forecast Period
Figure 45 Composites is Projected to Account for the Largest Share of the Aerostructures Market, By Material During the Forecast Period
Figure 46 Aftermarket Segment Projected to Grow at Highest CAGR in the Aerostructures Market, By End-Use in 2016 and 2022
Figure 47 The Fixed Wing Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 48 The Aerostructures Market in Asia-Pacific Region Projected to Grow at the Highest CAGR During the Forecast Period
Figure 49 North America Aerostructures Market Snapshot
Figure 50 Europe Aerostructures Market Snapshot
Figure 51 Asia-Pacific Aerostructures Market Snapshot
Figure 52 RoW Aerostructures Market Snapshot
Figure 53 Dive Chart
Figure 54 Spirit Aerosystems, Inc.: Company Snapshot
Figure 55 Spirit Aerosystems, Inc.: Product Offerings Scorecard
Figure 56 Spirit Aerosystems, Inc.: Business Strategies Scorecard
Figure 57 Aar Corp.: Company Snapshot
Figure 58 Aar Corp.: Product Offerings Scorecard
Figure 59 Aar Corp.: Business Strategies Scorecard
Figure 60 Ruag Holding AG: Company Snapshot
Figure 61 Ruag Holding AG: Product Offerings Scorecard
Figure 62 Ruag Holding AG: Business Strategies Scorecard
Figure 63 UTC Aerospace Systems: Company Snapshot
Figure 64 UTC Aerospace Systems: Product Offerings Scorecard
Figure 65 UTC Aerospace: Business Strategies Scorecard
Figure 66 Bombardier, Inc.: Company Snapshot
Figure 67 Bombardier Inc.: Product Offerings Scorecard
Figure 68 Bombardier Inc.: Business Strategies Scorecard
Figure 69 Leonardo S.P.A.: Company Snapshot
Figure 70 Leonardo S.P.A.: Product Offerings Scorecard
Figure 71 Leonardo S.P.A.: Business Strategies Scorecard
Figure 72 Saab AB: Company Snapshot
Figure 73 Saab AB: Product Offerings Scorecard
Figure 74 Saab AB: Business Strategies Scorecard
Figure 75 Cyient Ltd.: Company Snapshot
Figure 76 Cyient Ltd.: Product Offerings Scorecard
Figure 77 Cyient Ltd.: Business Strategies Scorecard
Figure 78 Triumph Group, Inc.: Company Snapshot
Figure 79 Triumph Group, Inc.: Product Offerings Scorecard
Figure 80 Triumph Group, Inc.: Business Strategies Scorecard
Figure 81 GKN Aerospace: Product Offerings Scorecard
Figure 82 GKN Aerospace: Business Strategies Scorecard
Figure 83 Elbit Systems Ltd.: Company Snapshot
Figure 84 Elbit Systems Ltd: Product Offerings Scorecard
Figure 85 Elbit Systems Ltd: Business Strategies Scorecard
Figure 86 Stelia Aerospace Group: Product Offerings Scorecard
Figure 87 Stelia Aerospace Group: Business Strategies Scorecard
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FEATURED COMPANIES

  • Aar Corp.
  • Cyient Ltd.
  • GKN Aerospace
  • Ruag Holding AG
  • Spirit Aerosystems, Inc.
  • Triumph Group, Inc.
  • MORE

The aerostructures market is projected to grow from USD 52.17 Billion in 2016 to USD 75.97 Billion by 2022, at a CAGR of 6.47% during the forecast period. Major drivers influencing the growth of the aerostructures market include increase in outsourcing of aerostructure manufacturing by OEMs to tier 1 and tier 2 suppliers, and rise in adoption of composite aerostructures by the general and commercial aviation sectors.

The aerostructures market has been segmented on the basis of component, material, platform, end-use, and region. Based on component, the aerostructures market has been classified into fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others. The fuselage segment is expected to lead the aerostructures market from 2016 to 2022. The empennage segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing usage of composite materials in the development of empennage.

Based on material, the aerostructures market has been segmented into composites, alloys, and metals. The composites segment is expected to lead the aerostructures market, owing to the increasing demand for composite aerostructures.

On the basis of end-use, the aerostructures market has been segmented into Original Equipment Manufacturers (OEMs) and aftermarket. The aftermarket segment is projected to grow at the highest CAGR during the forecast period, owing to the increase in aftermarket services offered by different aerostructure manufacturers.

Based on platform, the market has been segmented into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft segment has been further classified into commercial, Unmanned Aerial Vehicles (UAVs), military, general, and others (that include gliders and microlights). Similarly, the rotary wing aircraft segment has been further subsegmented into commercial, military, and UAVs. The increase in demand for military and commercial rotary wing aircraft is expected to drive the growth of the rotary wing aircraft segment in the aerostructures market.

Based on region, the aerostructures market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Countries such as China, India, and Japan, among others are increasingly investing in the development of general aviation aircraft. The aerostructures market in Asia-Pacific is projected to grow at the highest CAGR from 2016 to 2022, due to rise in aircraft deliveries in this region.

Recyclability issues of composite materials are restraining the growth of the aerostructures market. Products offered by various companies in the aerostructures market have been listed in this report. The recent developments section of the report includes recent and significant developments made by various companies between 2012 and 2016. Major companies profiled in the report include UTC Aerospace Systems (U.S.), Leonardo S.p.A. (Italy), and Triumph Group, Inc. (U.S.), among others. Contracts accounted for a major share of all growth strategies adopted by leading players in the aerostructures market. This strategy enabled companies to strengthen their market share in the aerostructures market.

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  • Aar Corp.
  • Bombardier Inc.
  • Cyient Ltd.
  • Elbit Systems Ltd.
  • GKN Aerospace
  • Leonardo S.P.A.
  • Ruag Holding AG
  • Saab AB
  • Spirit Aerosystems, Inc.
  • Stelia Aerospace Group
  • Triumph Group, Inc.
  • UTC Aerospace Systems
Note: Product cover images may vary from those shown
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