Press release
Aerostructures Market Outlook 2024-2030: From USD 59.30 Billion to USD 106.34 Billion
๐๐๐ซ๐จ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe global aerostructures market, valued at USD 59.30 billion in 2023, is projected to surge to an impressive USD 106.34 billion by 2030, registering a robust CAGR of 8.7% during the forecast period. This substantial growth is driven by a rising demand for commercial aircraft fueled by increasing passenger mobility and expanding aviation activities worldwide. However, challenges such as material recycling limitations in composite aerostructures are anticipated to pose constraints to market expansion.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐๐จ ๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ง๐ ๐๐๐๐ซ๐ง ๐๐จ๐ซ๐: https://www.maximizemarketresearch.com/request-sample/28450/
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ: ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก
The commercial aviation industry has witnessed a marked increase in aircraft deployment over recent years. This surge, driven by growing passenger numbers and air travel demand, is a key catalyst for the aerostructures market. As airlines expand their fleets to accommodate rising mobility, the need for advanced aerostructures has become critical.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ: ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐จ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ
While composite aerostructures offer significant benefits in terms of weight reduction and fuel efficiency, the industry faces challenges in recycling these materials. The inability to efficiently recycle composites hampers their widespread adoption and poses environmental concerns, potentially limiting market growth during the forecast period.
๐๐๐๐๐-19 ๐๐ฆ๐ฉ๐๐๐ญ
The COVID-19 pandemic had a profound impact on the aviation sector, affecting sales revenue across market leaders, followers, and disruptors. The report provides an in-depth analysis of these effects, helping stakeholders understand the pandemic's short- and long-term implications on market dynamics.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/28450/
๐๐๐ซ๐จ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Fuselage
Empennage
Flight Control Surfaces
Wings
Nose
Nacelle and Pylon
Others
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Composites
Alloys
Metals
Metal Aerostructures: Metals dominate the market, given their established use, durability, and cost-effectiveness.
Composite Aerostructures: Despite challenges, composite aerostructures are gaining traction due to their lightweight properties, which enhance fuel efficiency and reduce emissions. Airlines are increasingly adopting these materials to align with sustainability goals, driving their CAGR higher than other segments.
๐๐ฒ ๐๐ฅ๐๐ญ๐๐จ๐ซ๐ฆ
Fixed Wing Aircraft
Commercial
Unmanned Aerial Vehicles (UAVs)
Military
General
Others
Rotary Wing Aircraft
Commercial
Military
Unmanned Aerial Vehicles (UAVs)
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Original Equipment Manufacturer (OEM)
Aftermarket
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐๐๐ฅ๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/28450/
๐๐๐ซ๐จ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Aar Corp.
2. UTC Aerospace Systems
3. Raug Group
4. Saab AB
5. Boeing
6. Bombardier
7. Lockheed Martin, etc.
8. Spirit Aerosystems, Inc.
9. Stelia Aerospace Group
10. Bombardier Inc.
11. Cyient Ltd.
12. Elbit Systems Ltd.
13. GKN Aerospace
14. Leonardo S.P.A.
15. Mitsubishi Aircraft Corporation
16. Kawasaki Heavy Industries Ltd,
17. Korean Aerospace Industries, Ltd.
18. Subaru Corporation
19. Mahindra Aerostructures Pvt. Ltd
20. Triumph Group, Inc.
21. Taneja Aerospace & Aviation Ltd
๐๐๐ซ๐จ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
North America: Leading the Market
North America holds the largest market share, primarily due to the presence of prominent aerostructure manufacturers such as UTC Aerospace Systems and AAR Corp. The region benefits from increasing aircraft deliveries for both commercial and defense purposes.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐: ๐๐๐ฉ๐ข๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ก๐๐๐
Asia Pacific is emerging as a significant contributor to the global aerostructures market. Countries like India and China are experiencing a surge in aerospace investments, driven by growing demand for defense aircraft and advancements in general aviation. This region is expected to showcase remarkable growth during the forecast period.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐๐ข๐ง ๐๐๐๐ฉ๐๐ซ ๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/market-report/global-aerostructures-market/28450/
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The aerostructures market is poised for significant growth, fueled by rising aviation demands and technological advancements. Despite challenges like composite material recycling, the market offers abundant opportunities for stakeholders to capitalize on. With North America leading and Asia Pacific showing promising growth, the global aerostructures market is on a trajectory of innovation and expansion.
For a comprehensive understanding of the market, including PEST, PORTER's, and SWOT analyses, the full report serves as an indispensable guide for industry stakeholders and investors.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐จ๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Aerostructures?
What will be the CAGR at which the Aerostructures market will grow?
What is the growth rate of the Aerostructures Market?
Which are the factors expected to drive the Aerostructures market growth?
What are the different segments of the Aerostructures Market?
What growth strategies are the players considering to increase their presence in Aerostructures?
What are the upcoming industry applications and trends for the Aerostructures Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Aerostructures Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
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๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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๐๐ฏ๐ผ๐๐ ๐ ๐ฎ๐ ๐ถ๐บ๐ถ๐๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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