Aerostructures Market

Aerostructures Market Size by Components (Empennage, Fuselage, Flight Control Surfaces, Nacelle & Pylon, Nose, Wings and Others), Aircraft Type (Fixed-Wing Aircraft (Business Jet, Commercial, General Aviation Aircraft and Military) and Rotary-Wing Aircraft (Commercial Helicopters, Military Helicopters and UAVs)), Material (Alloys & Superalloys, Composites and Metals), End User (OEM and Aftermarket), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13974
  • Published Date: Jan, 2024
  • Pages: 238
  • Category: Aerospace & Defence
  • Format: PDF
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The global Aerostructures market generated USD 62.28 billion revenue in 2022 and is projected to grow at a CAGR of 6.62% from 2023 to 2032. The market is expected to reach USD 118.23 billion by 2032. The global expansion of commercial aircraft deployment is a significant catalyst driving the market's growth. The market growth is further fueled by an upswing in domestic and international tourism and stringent government regulations ensuring air safety. Additionally, the economic upturn in developing nations and substantial investments in developing performance-oriented and lightweight aerostructures play an equally pivotal role in fostering market growth.

Market Introduction:

Aerostructures constitute the fundamental components and elements that form the physical framework of an aircraft, defining its aerodynamic shape and ensuring structural stability during flight. Key elements within aerostructures include wings, fuselage, empennage (tail section), and supporting structures, all meticulously designed to optimize aerodynamic performance and structural integrity. Collectively, these components contribute to an aircraft's ability to achieve and maintain flight, influencing critical factors such as stability, manoeuvrability, and overall efficiency. The design and engineering of aerostructures involve carefully balancing materials, weight distribution, and adherence to rigorous safety standards and aviation regulations. Within the dynamic field of aviation, aerostructures play a central role in shaping aircraft characteristics, influencing fuel efficiency, and impacting the overall operational effectiveness of flight. Advancements in aerostructure design often involve incorporating innovative materials, state-of-the-art manufacturing processes, and the integration of cutting-edge technologies, all aimed at achieving optimal performance, safety, and sustainability in modern aircraft. The continuous evolution of aerostructures reflects the ongoing commitment of the aerospace industry to push the boundaries of design and engineering for enhanced aviation capabilities.

Aerostructures Market Size

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Recent Development
  • In July 2023: The Mubea Group, a German family-owned enterprise, is set to acquire the RUAG Aerostructures Germany & Hungary unit. This new ownership promises an optimal foundation for enhancing the aerostructures capabilities of Aerostructures Germany and Hungary. It aims to fortify the unit's technological leadership, dependability, and flexibility, positioning it as the exclusive supplier for the Airbus A320 family.
  • In June 2023: Supernal LLC and GKN Aerospace have revealed a collaborative venture focused on developing and constructing significant aerostructures and an EWIS (Electrical Wiring Interconnection System) for Supernal LLC's eVTOL (electric vertical takeoff and landing) vehicle. Additionally, the partnership aims to advance high-rate manufacturing technologies essential for producing these components and assembly methods efficiently. This announcement represents the second aerospace manufacturer agreement disclosed by Supernal at the Paris Air Show. The company is pioneering a novel high-rate manufacturing process to address the anticipated demand for the Advanced Air Mobility sector over the coming decades.
  • In March 2023: At the 2023 HAI Heli-Expo, Kaman Corporation and PHI Aviation LLC jointly revealed a significant development, as they have formally entered a comprehensive master commercial agreement. This agreement involves promoting, selling, and supporting Kaman's KARGO UAV commercial iteration. It also involves collaborative efforts concerning the ongoing design and certification of the system. As part of this collaboration, Kaman and PHI have executed a Non-Binding Memorandum of Understanding, articulating PHI's intention to acquire 50 units of Kaman's commercial KARGO UAV. Kaman and PHI have affirmed their dedication to collaborating closely to introduce the KARGO UAV to a wider commercial market. Additionally, they are committed to providing future field support for the system.
  • In February 2023: Aero Vodochody, the Czech aircraft company, has inaugurated a fresh production line dedicated to crafting the fuselage of its advanced military trainer, the L-39NG. This new assembly line is anticipated to be highly productive, as it is geared towards manufacturing as many as 24 aircraft fuselage units annually.

Market Dynamics:


Rising Demand for Commercial Aircraft - The increasing global demand for air travel has led to a surge in orders for new commercial aircraft. This demand drives the need for advanced aerostructures to enhance fuel efficiency, reduce weight, and improve overall performance.

Advancements in Material Technologies - Ongoing advancements in materials, such as composite materials and lightweight alloys, play a crucial role in the aerostructures market. These materials offer improved strength-to-weight ratios, contributing to fuel efficiency and lessening the environmental effect of aviation.

Stringent Fuel Efficiency and Emission Regulations - Stringent regulations imposed by aviation authorities worldwide to enhance fuel efficiency and reduce emissions are compelling aerospace manufacturers to invest in innovative aerostructures. Lightweight materials and aerodynamic designs are essential for meeting these regulatory requirements.


High Development and Manufacturing Costs - The development and manufacturing of advanced aerostructures involve substantial costs, including research and development expenses, raw material costs, and the expenses associated with adopting cutting-edge technologies. High initial investments can be a significant restraint, particularly for smaller aerospace companies.

Cyclical Nature of the Aerospace Industry - The aerostructures market is highly cyclical, influenced by economic conditions, geopolitical factors, and fluctuations in defence budgets. During economic slowdown or reduced defence spending, demand for new aircraft and aerostructures may decline, impacting the market growth.


Rising Global Air Travel Demand - The increasing need for air travel, driven by population growth, rising middle-class incomes, and expanding tourism, creates opportunities for aerostructure manufacturers to supply components for new aircraft.

Ongoing Developments Urban Air Mobility (UAM) - The ongoing advancements of urban air mobility solutions, including eVOLT aircraft, open new markets for aerostructure manufacturers. Lightweight and efficient structures are essential for the success of these innovative air transportation concepts.

Increased Defense Spending - Growing defense budgets in various countries create opportunities for aerostructure manufacturers to supply components for military aircraft. Defense modernization programs and the development of next-generation fighter jets contribute to the demand for advanced aerostructures.


Supply Chain Disruptions - The aerostructures market depends on a complicated global supply chain, making it vulnerable to disturbances driven by natural disasters, geopolitical tensions, or transportation issues. These disturbances can lead to delays and increased costs.

Trade Tariffs and International Trade Tensions - Trade tariffs and geopolitical tensions can affect the international aerospace supply chain. Changes in trade policies or restrictions can disrupt the flow of materials and components, creating uncertainties and challenges for aerostructure manufacturers.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most prominent global Aerostructures market, with a 40.61% market revenue share in 2022.

North America, particularly the United States, has a long-established and robust aerospace industry. The presence of big aerospace players, such as Boeing and Lockheed Martin, contributes to the region's dominance in aerostructure manufacturing. Furthermore, the region is home to some of the world's leading aircraft manufacturers, including Boeing and Airbus (which has a significant presence in North America). These companies drive the demand for advanced aerostructures, and their manufacturing facilities are concentrated in the region. The region also hosts numerous research and innovation centers focused on aerospace technologies. Research and development (R&D) investments foster innovation in aerostructures, giving North American companies a competitive edge in producing cutting-edge solutions. Additionally, the United States has the world's largest defense budget, leading to a strong emphasis on developing and producing military aircraft. The demand for advanced aerostructures in the defense sector further strengthens North America's position in the global market. Moreover, North American aerospace companies often engage in strategic alliances and partnerships with domestic and international entities. These collaborations enhance the region's aerostructure development, production, and export capabilities. Besides, North American aerospace companies have established a global network of suppliers, providing a reliable and efficient supply chain. This network facilitates the timely and cost-effective production of aerostructures, contributing to market dominance.

North America Region Aerostructures Market Share in 2022 - 40.61%

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Components Segment Analysis

The components segment is classified into empennage, fuselage, flight control surfaces, nacelle & pylon, nose, wings and others. The fuselage segment dominated the market, with a share of around 32.16% in 2022. The fuselage is an aircraft's central and critical component, providing the structural framework for accommodating passengers, crew, and cargo. As such, it constitutes a substantial portion of the overall aerostructure, contributing significantly to the market. In addition, the continuous growth in air travel demand and the need for new aircraft contribute to the dominant role of fuselage manufacturing in the aerostructures market. As airlines and manufacturers strive to meet the rising demand, the production of fuselages becomes a focal point. Furthermore, the fuselage integrates various advanced technologies, including avionics, connectivity systems, and structural enhancements. Manufacturers focus on incorporating these technologies into the fuselage design, adding value to the overall aircraft and driving demand for advanced aerostructures.

Aircraft Type Segment Analysis

The aircraft type segment is divided into fixed-wing aircraft and rotary-wing aircraft. The fixed-wing aircraft segment is further divided into business jet, commercial, general aviation aircraft and military. The rotary-wing aircraft segment is sub-categorized into commercial helicopters, military helicopters, and UAVs. The fixed-wing aircraft segment dominated the market, with a share of around 72.35% in 2022. Fixed-wing aircraft are the primary modes of transportation for both passengers and cargo. The capability to transport big numbers of passengers and substantial cargo payloads makes fixed-wing aircraft essential for long-haul and intercontinental travel, contributing to their dominance in aerostructure demand. Additionally, fixed-wing aircraft are widely used in military applications, including fighter jets, bombers, reconnaissance planes, and transport aircraft. The military aviation sector drives substantial demand for advanced aerostructures, supporting the dominant role of fixed-wing platforms in the market. Fixed-wing aircraft also provide global connectivity, enabling efficient and rapid transportation between distant locations. As globalization expands, the demand for fixed-wing aircraft and aerostructures to support international travel and trade remains strong.

Material Segment Analysis

The material segment includes alloys & superalloys, composites and metals. The alloys & superalloys segment dominated the market, with a share of around 44.37% in 2022. Alloys and superalloys are known for their excellent strength-to-weight ratio. In the aerospace industry, where minimizing weight is necessary for fuel efficiency and overall performance, these materials are favoured for their ability to provide high strength while keeping the weight of aerostructures relatively low. Superalloys are designed to withstand high temperatures, making them suitable for components exposed to extreme conditions, such as jet engines and exhaust systems. Their ability to maintain mechanical properties at elevated temperatures contributes to their aerostructure dominance. In addition, alloys and superalloys exhibit exceptional durability and resistance to fatigue, making them well-suited for the demanding conditions experienced by aircraft components. The ability to withstand cyclic loading and stress is critical for aerostructures' structural integrity and safety.

End User Segment Analysis

The end user segment is split into OEM and aftermarket. The aftermarket segment dominated the market, with a share of around 62.13% in 2022. The aftermarket is crucial for providing ongoing maintenance, repair, and overhaul services to ensure the continued airworthiness of aircraft. Aerostructures, integral parts of an aircraft, require regular inspections, repairs, and replacements throughout their operational life. Further, the aftermarket becomes increasingly important as aircraft age and continue in service beyond their initial design life. Upkeep of aerostructures becomes essential to extend the service life of ageing fleets, contributing to the aftermarket's significance. Most importantly, aircraft operators often invest in aftermarket services to incorporate upgrades, modifications, or retrofitting of aerostructures. This aspect allows for integrating new technologies, enhanced performance features, and compliance with evolving regulatory standards.

Some of the Key Market Players:
  • Aernnova Aerospace S.A.
  • AAR Corp
  • Aerospace Industrial Development Corporation (AIDC)
  • Aero Vodochody
  • Airbus SE
  • Bombardier Inc.
  • Cyient Ltd.
  • Elbit Systems Ltd.
  • GKN Aerospace
  • Israel Aerospace Industries Ltd.
  • Kaman Aerospace
  • Kawasaki Heavy Industries, Ltd.
  • Korea Aerospace Industries Ltd.
  • Leonardo SpA
  • Latecoere
  • Mitsubishi Heavy Industries, Ltd.
  • Mahindra Aerostructures Pvt. Ltd.
  • Raytheon
  • RUAG
  • Safran Group
  • Spirit Aerosystems Inc.
  • Sonaca
  • ST Engineering
  • The Boeing Company
  • Triumph Group Inc.

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 62.28 Billion
Market size value in 2032 USD 118.23 Billion
CAGR (2023 to 2032) 6.62%
Historical data 2019-2021
Base Year 2022
Forecast 2023-2032
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Components, Aircraft Type, Material, and End User

Frequesntly Asked Questions

As per The Brainy Insights, the size of the aerostructures market was valued at USD 62.28 billion in 2022 to USD 118.23 billion by 2032.

The global aerostructures market is growing at a CAGR of 6.62% during the forecast period 2023-2032.

North America became the largest market for aerostructures.

Rising demand for commercial aircraft and advancements in material technologies drive the market's growth.

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This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global Aerostructures market based on below-mentioned segments:

Global Aerostructures Market by Components:

  • Empennage
  • Fuselage                 
  • Flight Control Surfaces
  • Nacelle & Pylon
  • Nose
  • Wings
  • Others             

Global Aerostructures Market by Aircraft Type:

  • Fixed-Wing Aircraft  
    • Business Jet
    • Commercial
    • General Aviation Aircraft
    • Military
  • Rotary-Wing Aircraft
    • Commercial Helicopters
    • Military Helicopters
    • UAVs

Global Aerostructures Market by Material:

  • Alloys & Superalloys    
  • Composites
  • Metals            

Global Aerostructures Market by End User:

  • OEM
  • Aftermarket          

Global Aerostructures Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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