Aero structures Market is likely to register double digit CAGR during 2023-2031 | GKN PLC, Kawasaki Heavy Industries Ltd, Leonardo SPA

New York, Global Aero structures Market report from Global Insight Services is the single authoritative source of intelligence on Aero structures Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Aero structures are the structural components of an aircraft that are designed to withstand the aerodynamic forces acting on the aircraft. These components include the fuselage, wings, and tail. The aerodynamic forces acting on an aircraft can be divided into two categories: lift and drag. Lift is the force that opposes gravity and keeps the aircraft in the air. Drag is the force that opposes the motion of the aircraft through the air. The aerodynamic forces acting on an aircraft must be balanced in order for the aircraft to maintain level flight.

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Key Trends

The key trends in aero structures technology are:

1. Increasing demand for fuel-efficient aircraft: The aero structures market is being driven by the increasing demand for fuel-efficient aircraft. Airlines are under pressure to reduce their operating costs and improve their environmental performance. The use of lightweight materials in aero structures can help to reduce fuel consumption and emissions.

2. Growth of the commercial aviation sector: The commercial aviation sector is growing rapidly, particularly in Asia. This is resulting in increased demand for new aircraft, which is driving the growth of the aero structures market.

3. Increase in air traffic: The growth in air traffic is resulting in a need for more aircraft and, consequently, more aero structures.

Key Drivers

There are several key drivers of the aero structures market. One is the increasing demand for fuel-efficient aircraft. This is resulting in the development of new aircraft designs that make use of lighter materials, such as composites, in their construction. This is driving up demand for aero structures made from these materials. Another key driver is the increasing demand for air travel. This is resulting in a need for more aircraft, and thus more aero structures. Additionally, the aging of the existing fleet of aircraft is resulting in a need for replacement parts and structures. This is providing a boost to the aero structures market.

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Market Segmentation

By Component

  • Fuselage
  • Flight Control Surfaces
  • Wings
  • Nacelle
  • Others

By Material

  • Composites
  • Alloys
  • Metals

By Platform

  • Fixed Wing Aircraft
  • Rotary Wing Aircraft

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe

Key Players

The Key Players in the market are GKN PLC, Kawasaki Heavy Industries Ltd, Leonardo SPA, Mitsubishi Aircraft Corporation, Premium Aerotech GmbH, Safran SA, Spirit AeroSystems Inc., STELIA Aerospace S.A.S., Triumph Group and UTC Aerospace Systems.

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