The global commercial aircraft aerostructures market is predicted to reach USD 56.8 billion in 2024 and USD 76.01 billion by 2029, rising at a CAGR of 6% from 2024 to 2029.
The aerostructure is an essential part of commercial aircraft. Demand and the growth of the aircraft market depend primarily on the delivery of commercial aircraft aerostructures. Advances in design, materials, and processes have helped the industry grow faster by meeting the needs of the airlines. The structure of the aircraft represents more than 30% of the total production value of the plane, followed by aviation engines, avionics, systems and electronics, and interiors. The growing wealth of emerging economies that cause access to air traffic is an essential factor that leads to increased passenger traffic or travel per capita around the world. This creates demand for new aircraft, boosting the global commercial aircraft aerostructures market.
A trend that can affect the competitive dynamics of the market is expected to change in the manufacturing of the Commercial Aircraft Aerostructures of OEM level players. In 2018, we saw a series of high-value-added M&A activities in the industry. The global commercial aircraft aerostructures market is driven primarily by the growing supply of commercial aircraft worldwide. As passenger mobility has increased in recent years, the commercial aircraft aerostructures industry is experiencing significant growth in the speed of deployment of commercial aviation, which actively drives and supports the growth of the global Commercial Aircraft Aerostructures Market.
In addition, it has been observed that the aircraft manufacturing industry is mainly adopting outsourcing methodologies for the manufacture of large-scale and high-speed aviation structures, thus accelerating the growth of the global Commercial Aircraft Aerostructures Market. In addition to these factors, the development and adoption of composite materials for aircraft manufacturing are accelerating the growth of the global Commercial Aircraft Aerostructures Market and are expected to lead the market during the forecast period.
However, problems associated with compounds, such as recycling of materials, are expected to slow the growth of the Commercial Aircraft Aerostructures Market during the forecast period.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
6% |
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Segments Covered |
By Aircraft Type, Material Type, Application, and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
GKN PLC, Spirit AeroSystems Inc., Korean Aerospace Industry, UTC Aerospace Systems, Triumph Group, Premium Aerotech GmbH, Mitsubishi Aircraft Corporation, Safran SA, |
The global commercial aircraft aerostructure market is divided into narrow-body airplanes, wide-body airplanes, extra-large airplanes, regional airplanes, general aviation, helicopters, military airplanes, and unmanned aerial vehicles. The narrow-body segment is likely to be the leader of the market during the forecast period. Wide-body airplanes are expected to remain the second-largest segment during the forecast period and grow at an impressive rate.
The global commercial aircraft aerostructures business is divided into metallic aerostructures and composite aerostructures. The metal structures of the aircraft are assumed to remain as larger segments, while composite aircraft structures are foreseen to show higher growth over the next five years. Passenger planes are actively seeking lightweight composite parts that can contribute to the goal of achieving more excellent fuel economy and reducing emissions.
The global market is divided into fuselage, wings, containers, gondolas, and pylons. The fuselage is projected to remain the most extensive application in the commercial aircraft aerostructures market during the prediction period. The fuselage is the main component of the aircraft and covers the body part of the plane.
Regionally, the Commercial Aircraft Aerostructures Market has been categorized in North America, Europe, Asia Pacific, and other regions (RoW). North America is expected to remain the largest market during the forecast period led by the United States. The country is the center of commercial aircraft aerostructures with multi-level players and aircraft OEMs.
The Asia-Pacific region is likely to have the highest growth rate during the forecast period. The area will soon remain the most striking market in the future due to the upcoming commercial and regional aircraft, such as the C919 and MRJ, and the opening of assembly plants in China by Boeing and Airbus, and the larger size of the advertising fleet. Countries such as China, India and Japan are increasingly investing in the development of general aviation aircraft.
Developing lightweight structures, accelerating production rates, acquisitions, and working with OEMs for the joint development of aviation structures are some of the strategies that Spirit AeroSystems Inc has adopted to remain competitive in this industry.
Major Commercial Aircraft Aerostructures Market companies include GKN PLC, Spirit AeroSystems Inc., Korean Aerospace Industry, UTC Aerospace Systems, Triumph Group, Premium Aerotech GmbH, Mitsubishi Aircraft Corporation, Safran SA, STELIA Aerospace SAS, Leonardo SPA, FACC AG, Kawasaki Heavy Industries and Subaru Corporation.
By Aircraft Type
By Material Type
By Application
By Region
Frequently Asked Questions
The primary materials used in commercial aircraft aerostructures are aluminum alloys, titanium, and composite materials like carbon fiber-reinforced polymers (CFRP). These materials are chosen for their strength-to-weight ratio, durability, and resistance to corrosion.
The main drivers of growth include the rising demand for air travel, especially in emerging markets, advancements in aerostructure materials and manufacturing technologies, and the continuous replacement of older aircraft with more fuel-efficient models.
The push for greater fuel efficiency has led to the adoption of lighter and stronger materials in aerostructure design. This trend drives innovation in composite materials and advanced manufacturing techniques, which help reduce aircraft weight and improve fuel efficiency.
Key technological advancements include the use of advanced composite materials, additive manufacturing (3D printing), automated assembly processes, and innovations in aerodynamics and structural design. These technologies aim to improve manufacturing efficiency, reduce costs, and enhance the performance and sustainability of commercial aircraft.
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