Product Code: GVR-4-68040-425-6
Aerostructure Materials Market Size & Trends:
The global aerostructure materials market size was estimated at USD 82.63 billion in 2023 and is projected to grow at a CAGR of 7.2% from 2024 to 2030. This growth is attributed to the increasing preference for sustainable and efficient aerostructure to decrease the overall weight of an aircraft and reduce fuel consumption. Additionally, the growing number of regulations and standards to reduce carbon emissions is further increasing aircraft manufacturers' inclination toward eco-friendly aerostructure materials, thereby, fueling the market growth.
The market is also witnessing increased demand for aircraft globally, which is driving product growth. Growing demand for aircraft is based on rising passenger traffic, increased per capita income of consumers, and increasing trend of cargo transport. Additionally, increased defense budgets and modernization programs boost the demand for advanced military aircraft. Furthermore, technological advancement in terms of material and manufacturing processes, such as the use of composites and 3D printing is resulting in cost reduction and enhanced performance. Thereby, proving new opportunities to the market.
Advanced materials and manufacturing techniques for aerostructure materials production can be expensive. Moreover, compliance with stringent aviation safety and environmental regulations can further increase costs and complexity for manufacturers. These factors can limit the adoption of this product among small-scale manufacturers.
However, the development and adoption of electric and hybrid-electric aircraft are expected to attract new opportunities for innovative Aerostructure Materials. Increasing demand for maintenance, repair, and overhaul (MRO) services for existing fleets can drive growth in the aftermarket segment. In addition to this, increasing focus on sustainability and green aviation can drive demand for eco-friendly materials and designs in the sector.
Global Aerostructure Materials Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global aerostructure materials market report on the basis of material, end use, and region:
- Aerostructure Material Outlook (Revenue, USD Million, 2018 - 2030)
- Composites
- Alloys & Super Alloys
- Metals
- Aerostructure Materials End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial
- Military
- Unmanned Aerial Vehicles
- Business & General Aviation
- Advanced Air Mobility
- Aerostructure Materials Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Aerostructure Materials Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Aerostructure Materials Market - Value Chain Analysis
- 3.3. Aerostructure Materials Market - Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
- 3.3.4. Market Challenge Analysis
- 3.4. Regulatory Framework
- 3.5. Aerostructure Materials Market - Business Environment Analysis
- 3.5.1. PESTLE Analysis
- 3.5.2. Porter's Five Forces Analysis
- 3.6. Market Disruption Analysis
Chapter 4. Aerostructure Materials Market: Material Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Material Movement Analysis & Market Share, 2023 & 2030
- 4.3. Aerostructure Materials Market By Material, 2018 - 2030 (USD Million)
- 4.4. Composites
- 4.4.1. Composite Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 4.5. Alloys & Super Alloys
- 4.5.1. Alloys & Super Alloys Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 4.6. Metals
- 4.6.1. Metals Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
Chapter 5. Aerostructure Materials Market: End Use Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. End Use Movement Analysis & Market Share, 2023 & 2030
- 5.3. Aerostructure Materials Market By End Use, 2018 - 2030 (USD Million)
- 5.4. Commercial
- 5.4.1. Aerostructure Materials Market Estimates & Forecasts for Commercial, 2018 & 2030 (USD Million)
- 5.5. Military
- 5.5.1. Aerostructure Materials Market Estimates & Forecasts for Military, 2018 & 2030 (USD Million)
- 5.6. Unmanned Aerial Vehicles
- 5.6.1. Aerostructure Materials Market Estimates & Forecasts for Unmanned Aerial Vehicles, 2018 & 2030 (USD Million)
- 5.7. Business & General Aviation
- 5.7.1. Aerostructure Materials Market Estimates & Forecasts for Business & General Aviation, 2018 & 2030 (USD Million)
- 5.8. Advanced Air Mobility
- 5.8.1. Aerostructure Materials Market Estimates & Forecasts for Advanced Air Mobility, 2018 & 2030 (USD Million)
Chapter 6. Aerostructure Materials Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2023 & 2030
- 6.3. Market Estimates & Forecasts by Region, 2018 - 2030 (USD Million)
- 6.4. North America
- 6.4.1. North America Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.2. North America Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.4.3. North America Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.4.4. U.S.
- 6.4.4.1. U.S. Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.4.2. U.S. Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.4.4.3. U.S. Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.4.5. Canada
- 6.4.5.1. Canada Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.5.2. Canada Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.4.5.3. Canada Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.4.6. Mexico
- 6.4.6.1. Mexico Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.4.6.2. Mexico Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.4.6.3. Mexico Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.5. Europe
- 6.5.1. Europe Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.2. Europe Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.5.3. Europe Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.5.4. Germany
- 6.5.4.1. Germany Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.4.2. Germany Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.5.4.3. Germany Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.5.5. UK
- 6.5.5.1. UK Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.5.2. UK Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.5.5.3. UK Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.5.6. France
- 6.5.6.1. France Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.6.2. France Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.5.6.3. France Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.5.7. Spain
- 6.5.7.1. Spain Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.7.2. Spain Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.5.7.3. Spain Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.5.8. Italy
- 6.5.8.1. Italy Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.5.8.2. Italy Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.5.8.3. Italy Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.2. Asia Pacific Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.6.3. Asia Pacific Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.6.4. China
- 6.6.4.1. China Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.4.2. China Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.6.4.3. China Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.6.5. India
- 6.6.5.1. India Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.5.2. India Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.6.5.3. India Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.6.6. Japan
- 6.6.6.1. Japan Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.6.2. Japan Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.6.6.3. Japan Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.6.7. South Korea
- 6.6.7.1. South Korea Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.6.7.2. South Korea Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.6.7.3. South Korea Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.7. Central & South America
- 6.7.1. Central & South America Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.2. Central & South America Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.7.3. Central & South America Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.7.4. Brazil
- 6.7.4.1. Brazil Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.4.2. Brazil Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.7.4.3. Brazil Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.7.5. Argentina
- 6.7.5.1. Argentina Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.7.5.2. Argentina Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.7.5.3. Argentina Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
- 6.8. Middle East & Africa
- 6.8.1. Middle East & Africa Aerostructure Materials Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 6.8.2. Middle East & Africa Aerostructure Materials Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 6.8.3. Middle East & Africa Aerostructure Materials Market Estimates & Forecasts, by End Use, 2018 & 2030 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
- 7.6. List of Raw Material Suppliers
Chapter 8. Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Heat Map Analysis
- 8.5. Company Listings
- 8.5.1. AAR Corporation
- 8.5.1.1. Company Overview
- 8.5.1.2. Financial Performance
- 8.5.1.3. Product Benchmarking
- 8.5.1.4. Strategic Initiatives
- 8.5.2. AIRBUS
- 8.5.2.1. Company Overview
- 8.5.2.2. Financial Performance
- 8.5.2.3. Product Benchmarking
- 8.5.2.4. Strategic Initiatives
- 8.5.3. Spirit Aerosystems, Inc.
- 8.5.3.1. Company Overview
- 8.5.3.2. Financial Performance
- 8.5.3.3. Product Benchmarking
- 8.5.3.4. Strategic Initiatives
- 8.5.4. Collins Aerospace
- 8.5.4.1. Company Overview
- 8.5.4.2. Financial Performance
- 8.5.4.3. Product Benchmarking
- 8.5.4.4. Strategic Initiatives
- 8.5.5. Saab
- 8.5.5.1. Company Overview
- 8.5.5.2. Financial Performance
- 8.5.5.3. Product Benchmarking
- 8.5.5.4. Strategic Initiatives
- 8.5.6. SAFRAN
- 8.5.6.1. Company Overview
- 8.5.6.2. Financial Performance
- 8.5.6.3. Product Benchmarking
- 8.5.6.4. Strategic Initiatives
- 8.5.7. FACC AG
- 8.5.7.1. Company Overview
- 8.5.7.2. Financial Performance
- 8.5.7.3. Product Benchmarking
- 8.5.7.4. Strategic Initiatives
- 8.5.8. ST Engineering
- 8.5.8.1. Company Overview
- 8.5.8.2. Financial Performance
- 8.5.8.3. Product Benchmarking
- 8.5.8.4. Strategic Initiatives
- 8.5.9. Kaman Corporation
- 8.5.9.1. Company Overview
- 8.5.9.2. Financial Performance
- 8.5.9.3. Product Benchmarking
- 8.5.9.4. Strategic Initiatives
- 8.5.10. GKN AEROSPACE
- 8.5.10.1. Company Overview
- 8.5.10.2. Financial Performance
- 8.5.10.3. Product Benchmarking
- 8.5.10.4. Strategic Initiatives