Press release
Aircraft Struts and Rods Market to Reach USD 2.5 Billion by 2034, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
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Market Statistics
• Market size: USD 1.7 billion (2024)
• Forecast value: USD 2.5 billion (2034)
• CAGR: 3.7%
• Forecast period: 2025-2034
• Base year: 2024
• Total number of segments: 6
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Aircraft Type
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Aircraft
• Military Aircraft
• General Aviation
• Helicopter
• UAV
By Product Type
• Struts
• Rods
By Mechanism Type
• Telescopic Struts and Rods
• Fixed Struts and Rods
• Folding Struts and Rods
By Material Type
• Metal Struts and Rods
• Composite Struts and Rods
By Application Type
• Landing Gear
• Fuselage
• Nacelle/Engine
• Others
By End-User Type
• OE
• Aftermarket
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
By aircraft type, narrow-body aircraft are expected to remain the dominant segment due to high production volumes of single-aisle aircraft programs driven by increasing short-haul travel demand. Wide-body aircraft also contribute significantly due to long-haul fleet expansion and new aircraft programs. The growing production pipeline of these aircraft platforms is encouraging component suppliers to align their manufacturing strategies with OEM production schedules.
By product type, struts are expected to remain dominant because of their higher value contribution and broader usage in structural and landing gear applications where load distribution and shock absorption are essential. Their critical functional importance ensures consistent procurement demand, encouraging manufacturers to invest in high-performance and durable product development.
By mechanism type, telescopic struts and rods dominate the market due to their operational flexibility and ease of extension across multiple aircraft systems including landing gear, cargo access, and maintenance doors. Their versatility across aircraft systems is supporting their continued adoption, prompting suppliers to focus on advanced mechanism designs.
By material type, metallic struts and rods are expected to remain dominant due to their proven strength and reliability, while composite struts and rods are expected to witness the fastest growth due to significant weight reduction benefits and improved load-bearing efficiency. This transition toward lightweight materials is pushing suppliers to expand composite manufacturing capabilities to stay competitive.
By application type, landing gear is expected to remain the dominant segment due to its requirement to support aircraft weight during landing and ground operations while absorbing impact loads. The critical safety role of landing gear systems ensures sustained investment from OEMs and creates stable long-term opportunities for specialized component suppliers.
By end-user type, OE is expected to remain both the dominant and fastest-growing segment due to increasing aircraft production and the long lifecycle of these components limiting replacement frequency. Close integration with OEM programs is reinforcing the importance of long-term supply agreements for manufacturers.
Regional Insights
North America is expected to remain the dominant market due to the presence of major aircraft manufacturers and a strong aerospace supply chain ecosystem. The region's leadership in aircraft manufacturing continues to generate stable demand for structural aircraft components, making it a key strategic region for suppliers seeking long-term aerospace contracts.
Asia-Pacific is expected to be the fastest-growing region due to rising aircraft demand from emerging aviation markets and the expansion of aircraft assembly facilities. Increasing domestic aircraft development programs and airline fleet expansion are strengthening demand, encouraging suppliers to expand their regional supply capabilities.
Market Drivers
• Increasing production rates of aircraft by major OEMs such as Boeing and Airbus to meet growing passenger traffic
• Growing demand for lightweight aircraft structures driven by fuel efficiency targets from aircraft manufacturers
• Increasing development of indigenous aircraft programs in Asia by aerospace organizations
• Rising airline fleet expansion programs to meet global air travel growth
• Continuous innovation by aerospace companies to improve durability and performance of structural components
Competitive Landscape
Top Companies in the Market
Albany International
Collins Aerospace
Groupe Latécoère
Heroux-Devtek Inc.
Liebherr
Precision Castparts Corp.
Safran S.A.
Spirit AeroSystems, Inc.
TransDigm Group
Triumph Group, Inc.
FAQs
1. How big is the aircraft struts and rods market expected to become by 2034?
The market is expected to grow from USD 1.7 billion in 2024 to USD 2.5 billion by 2034, supported by aircraft production growth and increasing structural component demand.
2. Which aircraft programs are creating the most supplier opportunities right now?
Narrow-body aircraft programs are generating the highest demand due to large production backlogs and airline fleet expansion strategies.
3. Which region offers the best expansion opportunity for aerospace component suppliers?
North America remains the largest opportunity due to OEM presence, while Asia-Pacific offers strong growth potential due to fleet expansion and aircraft manufacturing investments.
4. What factors are driving OEM sourcing decisions for struts and rods suppliers?
Product durability, weight optimization, cost competitiveness, and proven manufacturing capabilities remain key decision factors for OEM partnerships.
5. What are the biggest risks suppliers should watch in this market?
Aircraft production rate fluctuations, supply chain disruptions, and certification requirements remain key risks affecting supplier growth strategies.
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Stratview Research is a global market research firm that highly specializes in 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 take 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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