Press release
Aircraft Fairings Market: Surging Towards $2.82 Billion with 7.5% CAGR by 2029
What Is The Projected Market Size Of The Global Aircraft Fairings Market And Its Growth Rate?
The aircraft fairings market sees notable surges in its growth in recent times.
• The market value rose from $1.94 billion in 2024 to $2.1 billion in 2025, growing at a CAGR of 8.5%.
• This growth could be attributed to several factors such as dairy industry growth, rotation crop benefits, rise of hay export market, biofuel and energy production, demand for organic feed.
• The market is projected to see a robust growth in the forecast period, reaching $2.82 billion in 2029 at a CAGR of 7.5%.
• This probable growth can be credited to sustainable agriculture practices, research and breeding programs, demand for high-quality forage, water-saving agriculture.
What Is Driving The Growth In The Aircraft Fairings Market?
The aircraft fairings market anticipates a notable growth drive due to increased demand for aircraft globally. Aircrafts, designed for air travel come in a myriad of forms and purposes. Aircraft fairings prompt several advantages such as smoother outline and reduced drag in lightweight aircraft, improving aircraft aerodynamics, resulting in better fuel-efficiency and cost-saving for the aerospace industry. For instance, Airbus, a France-based aerospace company, saw a client rise in January 2023, with 661 deliveries, a leap of 8% over 2021. Additionally, Lufthansa Group, struck a deal with Airbus in March 2023 to add 15 more Airbus A350s to its fleet. These market activities among others, are anticipated to trigger the growth of the aircraft fairing market.
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Who Are the Key Players Driving Aircraft Fairings Market Growth?
• Avcorp Industries Inc.
• FACC AG
• Royal Engineered Composites
• ShinMaywa Industries Ltd.
• Airbus SE
• Barnes Group Inc.
• The Boeing Company
• Daher
• Arnprior Aerospace Inc.
• Fdc Composites Inc.
• Fiber Dynamics Inc.
• Kaman Corporation
• McFarlane Aviation Inc.
• Stene Aviation Inc.
• Patria Aerostructures Oy
• Ducommun Incorporated
• Saab AB
• Malibu Aerospace LLC
• Strata Manufacturing PJSC
• Turkish Aerospace Inc.
• Premium AEROTEC
• NORDAM GROUP LLC
• GKN Aerospace Services Limited
• Spirit AeroSystems Holdings
• Triumph Group Inc.
• RTX Corporation
• Bombardier Inc.
• Mitsubishi Heavy Industries Ltd.
• Kawasaki Heavy Industries Ltd.
• Leonardo S.p.A.
What Are The Key Trends In The Aircraft Fairings Market?
The key trends driving the market include:
• Adoption of improved varieties
• Innovation with precision agriculture technologies
• Drought-resistant varieties
• Advancements in harvesting and storage
• Organic alfalfa production
• Trending towards biofuel and bioprocessing
What Are The Segments Of The Global Aircraft Fairings Market?
• By Material: Aluminum, Composite, Alloys
• By Application: Fuselage, Engine, Control Surfaces, Radars And Antennas, Landing Gear
• By Sales Channel: Original Equipment Manufacturer (OEM), After market Services
• By End-User: Commercial, Military, General Aviation
Which Region Leads The Aircraft Fairings Market?
North America reported as the largest region in the aircraft fairings market in 2024. However, the forecast period anticipates Asia-Pacific to emerge as the fastest-growing region in the global aircraft fairings market. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Aircraft Fairings Market Global Market Report?
- Market Size Analysis: Analyze the Aircraft Fairings Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Aircraft Fairings Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Aircraft Fairings Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Aircraft Fairings Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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