The Aerostructure market size is projected to reach a CAGR of 8.7% from 2021 to 2028.
Aerostructure include the component of an aircraft’s airframe such as part of the fuselage, wings, or flight control surfaces. There are multiple testing which these structures undergo in order to ensure their functionality like tensile, compression, flexure, fatigue, impact, compression after impact. The new aircraft materials used for manufacturing these structures is FSW aluminium-alloy.
Due to an increased outsourcing of aerostructure manufacturing along with recent adoption of composite aero structure are some of the factors that have supported long-term expansion for Aerostructure Market.
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the surged investments made by the region in the domain along with R&D activities.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 8.7% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Component, Material, End-Use, Platform and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
UTC Aerospace Systems, Leonardo S.p.A., and Triumph Group, Inc. |
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Available Customization |
In addition to the market data for Aerostructure Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Aerostructure Market is segmented into Component, Material, End-Use, Platform and region.
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