Press release
Aircraft Composite Control Surfaces Market is Forecasted to Reach US$ 4.1 Billion in 2026, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global aircraft composite control surfaces market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2225/aircraft-composite-control-surfaces-market.html#form
Market Statistics:
Market Size in 2020: US$ 2.55 billion
Market Size in 2026: US$ 4.1 billion
Growth (CAGR): 8.7% during 2021-2026
Cumulative Sales Opportunity 2021 to 2026: US$ 21.15 billion
Leading Fiber Type: Carbon Fiber Composites
Leading Resin Type: Epoxy Composite
Leading Type: Ailerons
Leading Region: North America
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights & Market Share Analysis of the Aircraft Composite Control Surfaces Market:
The global aircraft composite control surfaces market is segmented based on aircraft type, fiber type, resin type, type, and region.
Based on fiber type -
· The aircraft composite control surfaces market is segmented as carbon fiber composites and glass fiber composites.
· Carbon fiber is expected to remain the most preferred material for fabricating control surface parts in the foreseen future. Lightweight, high strength, smooth finish, stiffness and rigidity, good resistance to fatigue and fire, and low coefficient of thermal expansion are some key properties of carbon fibers, making them the preferred fiber type for aircraft control surfaces.
Based on resin type -
· The market is segmented into epoxy composites and other composites.
· Epoxy is a predominantly used resin type and holds a giant share of the market. Epoxy is preferably used with carbon fiber to fabricate composite parts for high-performance applications. Epoxy is not only used to fabricate composite control surface parts but also to fabricate other crucial aerospace composite parts. Thermoplastics, such as PPS and PEEK, are also gaining some traction in the market, especially in rudder and elevators. These thermoplastic composite parts are excessively used in assembly parts such as cleats and clips.
Based on type -
· The aircraft composite control surfaces market is segmented into primary control surfaces (ailerons, rudders, and elevators) and secondary control surfaces (spoilers, flaps, and air brakes).
· Aileron is expected to remain the largest and fastest-growing control surface type during the forecast period. Ailerons are the important control surfaces used in pairs to control roll about the longitudinal axis. The flap is likely to remain the second-dominant segment till 2026. It has its importance at the time of take-off and landing. It generates more lift at a slower airspeed, enabling the aircraft to fly at a greatly reduced speed with a lower risk of stalling.
To know the most attractive segments, click here for a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/2225/aircraft-composite-control-surfaces-market.html#form
Which region shows the most promising growth forecast and opportunity?
The analysis suggests that North America is expected to maintain its vanguard in the market during the forecast period. This growth outlook is mainly attributed to the following:
- The USA is the growth engine of the region's market with the presence of major aircraft OEMs, tier players, composite aircraft control surface suppliers, and airlines.
Asia-Pacific will witness the highest growth during the forecast period with China, Japan, and India being the major markets in the region.
Aircraft Composite Control Surfaces Market Drivers:
Some of the key drivers listed in the report are given below.
- Increasing demand for lightweight, fuel efficient aircraft driven by rising commercial air travel and stringent environmental regulations propels growth.
- Advancements in composite materials offer superior strength, stiffness, and thermal stability.
- Ongoing military modernization programs boost demand.
- Enhanced aerodynamic performance requirements further favor composites.
Competitive Landscape: Top Companies in the Aircraft Composite Control Surfaces Market:
Stratview Research has identified the following companies as the top market players:
- Spirit AeroSystems, Inc.
- FACC AG
- Triumph Group Inc.
- GKN Aerospace (A Melrose Company)
- Boeing Aerostructures Australia
- Aernnova Aerospace S.A.
- Harbin Hafei Airbus Composite Manufacturing Centre
- CTRM (CTRM Aerocomposites Sdn Bhd)
- Turkish Aerospace.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com
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About us -
Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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