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Aerostructures Market Size, Share, Growth & Industry Analysis by 2032

10-09-2024 11:06 AM CET | Aerospace & Defense

Press release from: Fortune Business Insights Pvt Ltd โ„ข

Aerostructures Market

Aerostructures Market

The global aerostructures market size was valued at USD 107.07 billion in 2022 and is projected to reach a valuation of USD 115.26 billion in 2023. The market is expected to reach USD 183.24 billion by 2030 with a CAGR of 6.85% during the forecast period. Aerostructures are aircraft components that are responsible for the flight such as the fuselage, nacelle, and nose. Increasing demand and adoption for chevron nozzle exhaust, a part of the nacelle is expected to boost the market growth during the forecast period. Integration of 3D printing is set to create market opportunities for growth. Fortune Business Insightsโ„ข shares this information in its report titled "Global Aerostructures Market, 2023-2030."

๐†๐ž๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/aerostructures-market-101663

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
AAR Corp (U.S.)
Bombardier Inc. (U.S.)
SAAB AB (Sweden)
Spirit Aerosystems Inc. (U.S.)
Triumph Group Inc. (U.S.)
Cyient Ltd (India)
Elbit Systems Ltd (Israel)
GKN Aerospace (U.K.)
Leonardo SpA (Italy)
The Boeing Company (U.S.)
Airbus SAS (France)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง
๐…๐ฎ๐ฌ๐ž๐ฅ๐š๐ ๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐“๐จ ๐‹๐ž๐š๐ ๐ƒ๐ฎ๐ž ๐“๐จ ๐‡๐ข๐ ๐ก ๐‚๐จ๐ฌ๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐จ๐Ÿ ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ
On the basis of component, the market is divided into wings, nose, fuselage, nacelle and Pylon, empennage, and others. The fuselage segment dominated the market in the year 2022 due to high costs of the body structure of the aircraft.

๐€๐ฅ๐ฅ๐จ๐ฒ๐ฌ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐‡๐ž๐ฅ๐ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ง๐ญ ๐’๐ก๐š๐ซ๐ž ๐ƒ๐ฎ๐ž ๐“๐จ ๐‡๐ข๐ ๐ก ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐…๐จ๐ซ ๐’๐ฎ๐œ๐ก ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ
On the basis of material, the market is classified into alloys, composite, and metals. The alloys segment held the largest market share in 2022 due to high demand for alloy material used in major aircraft components.

๐…๐ข๐ฑ๐ž๐-๐–๐ข๐ง๐  ๐‡๐ž๐ฅ๐ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ง๐ญ ๐’๐ก๐š๐ซ๐ž ๐ƒ๐ฎ๐ž ๐“๐จ ๐–๐ข๐๐ž ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐€๐ง๐ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐๐ซ๐ข๐จ๐ซ๐ข๐ญ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง
On the basis of application, the market is classified into fixed-wing and rotary-wing aircraft. The fixed-wing held the largest market share in the year 2020 due to wide availability and production prioritization of fixed-wing. Fixed wing segment is further segmented into commercial, military, business jet, and general aviation aircraft.

๐€๐ฌ๐ค ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/aerostructures-market-101663

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ
๐”๐ฌ๐š๐ ๐ž ๐จ๐Ÿ ๐‚๐ก๐ž๐ฏ๐ซ๐จ๐ง ๐๐จ๐ณ๐ณ๐ฅ๐ž ๐ข๐ง ๐Œ๐จ๐๐ž๐ซ๐ง ๐†๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ๐ฌ ๐ญ๐จ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก
Increasing demand for chevron nozzle is anticipated to drive the global aerostructures market growth. Chevron nozzle is a triangular pattern exhaust nozzle extension that helps in the reduction of noise and is used on modern jets. It is used to reduce the levels of acoustics in the exhaust. This technology is adopted by the modern generation Boeing 747 & 787 and is found to reduce about 15 decibels of fan tones.
However, high cost associated with procuring the components are expected to hamper the market growth.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ซ๐ž๐ฌ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐•๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐Ž๐„๐Œ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐“๐จ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก
North America is set to lead the global aerostructures market share due to the presence of major OEM manufacturers. The market was valued at USD 40.34 billion in the year 2022.
Asia Pacific is set to have the highest CAGR during the forecast period due to huge demand lately owing to a rise in UAV applications. The supportive government initiatives and the increasing defense budget is set to further fuel the market growth.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐‡๐š๐ฏ๐ž ๐๐ž๐ž๐ง ๐…๐จ๐œ๐ฎ๐ฌ๐ข๐ง๐  ๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ข๐ง๐  ๐‹๐ข๐ ๐ก๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ๐ฌ
The market has various market players such as Airbus SAS, Bombardier Inc., SAAB AB, Triumph Group Inc., Cyient Ltd, and other market players. The market has various several global and regional players operating in this industry. They have varied product portfolios, focusing on producing lightweight aircraft strutures for OEMs. The market is expected to be led by Leonardo SpA.

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ
๐Œ๐š๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘: Massachusetts Institute of Technology unveiled a technological advancement and inexpensive development for enhancing the essential materials used today in aerospace and energy generation.

๐†๐ž๐ญ ๐š ๐๐ฎ๐จ๐ญ๐ž:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/aerostructures-market-101663

๐‘๐ž๐š๐ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐ƒ๐ซ๐จ๐ง๐ž ๐๐š๐œ๐ค๐š๐ ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.fortunebusinessinsights.com/drone-package-delivery-market-104332

๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐ƒ๐ซ๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.fortunebusinessinsights.com/commercial-drone-market-102171

๐”๐ง๐๐ž๐ซ๐ฐ๐š๐ญ๐ž๐ซ ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
https://www.fortunebusinessinsights.com/underwater-connectors-market-106577

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
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