Global Aerostructures Market Size, Share, Industry Overview, Trends, Growth, Regional Analysis, Major Players And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Aerostructures Market report by The Business Research Company, the increase in commercial aircraft production will propel the growth of the aerostructures market during the forecast period. Commercial aircraft are used to haul passengers and freight on a scheduled basis between selected airports. the rapid growth in commercial aircraft production is expected to boost the utilization of aerostructures, as they are a vital component in aircraft production and assembly. For instance, in 2021, Airbus SE, a Netherlands-based commercial aircraft manufacturer, delivered 611 commercial aircraft to 88 customers.

The global aerostructures market size grew from $49.52 billion in 2022 to $51.55 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerostructures market size is expected to grow to $63.54 billion in 2027 at a CAGR of 5.4%.

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Major competitors in the Aerostructures Market include Spirit AeroSystems, Saab AB, Triumph Group Inc., Leonardo SpA, Elbit Systems Ltd., Aar Corp., Bombardier Inc., Airbus, UTC Aerospace Systems, Cyient Ltd., GKN Aerospace, Mahindra Aerostructures Pvt. Ltd., STELIA Aerospace Group, Ruag Group, and Collins Aerospace.

The Aerostructures Market is segmented -
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, Aftermarket
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aerostructures Market.

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Aerostructures refer to subsystems or components of an aircraft's airframe, including the entire fuselage, wings, or flight control surfaces. The aerostructures are used in the design, development, and assembly of an airplane. The main types of components in the aerostructure include fuselage, empennage, flight control surfaces, wings, nose, nacelle and pylon, doors, and skid. The fuselage is a long hollow tube that holds all the pieces of an airplane together.

The Table Of Content For The Aerostructures Market Include:
1. Executive Summary
2. Aerostructures Market Characteristics
3. Aerostructures Market Trends And Strategies
4. Aerostructures Forwarding Market - Macro Economic Scenario
5. Aerostructures Market Size And Growth
……
25. Middle East Aerostructures Market
26. Africa Aerostructures Market
27. Aerostructures Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aerostructures Market
29. Aerostructures Market Future Outlook and Potential Analysis
30. Appendix

The "Global Aerostructures Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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