Aerostructures Market Report 2025

This Aerostructures market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The aerostructures market size has grown strongly in recent years. It will grow from $60.06 billion in 2024 to $65.07 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increased demand for commercial aircraft, growth in the defense sector, aging aircraft fleet, rise in space exploration, increased air cargo demand.

The aerostructures market size is expected to see strong growth in the next few years. It will grow to $87.99 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to emerging markets, airline fleet modernization, regulatory standards, market globalization, increasing air traffic and passenger. Major trends in the forecast period include digital twins and smart manufacturing, integration of sensors and connectivity, modular and scalable design, sustainability and eco-friendly materials, 3D printing and additive manufacturing.

The rise in commercial aircraft production is anticipated to drive the growth of the aerostructures market throughout the forecast period. Commercial aircraft are utilized for transporting passengers and freight on scheduled routes between designated airports. The rapid increase in commercial aircraft production is likely to enhance the demand for aerostructures, which are essential components in aircraft manufacturing and assembly. For example, in January 2024, Airbus, a Netherlands-based aircraft manufacturer, reported that in 2023, it delivered 735 commercial aircraft, representing an 11% increase compared to 2022. Thus, the growing production of commercial aircraft is expected to boost the demand for the aerostructures market during the forecast period.

The growing number of aircraft modernization programs is expected to propel the aerostructures market. Aircraft modernization involves upgrading and enhancing an aircraft's components, systems, and technology to boost its overall performance, safety, efficiency, and capabilities. Aerostructures play a crucial role in these modernization initiatives, whether the goals are to extend the aircraft's lifespan, enhance performance, or increase environmental sustainability. For instance, in June 2024, the U.S. Department of Defense, a federal executive department in the U.S., announced a substantial modernization plan for tactical aircraft stationed in Japan, which involves an investment exceeding $10 billion. This initiative aims to strengthen the U.S.-Japan alliance and enhance regional deterrence amid escalating tensions in the Indo-Pacific region. The Air Force plans to replace 48 F-15C/D fighter jets with 36 F-15EX jets. Therefore, the rise in aircraft modernization programs is driving the aerostructures market.

Major companies in the aerospace sector are reorganizing and expanding their operations to enhance their market presence and improve efficiency. For instance, in January 2022, Airbus launched Airbus Atlantic, a wholly-owned subsidiary aimed at becoming a significant player in the aerostructures industry. This new entity consolidates the expertise, resources, and operations of Airbus's key sites in Nantes and Montoir-de-Bretagne, two important locations in western France. Furthermore, it includes the global operations of Stelia Aerospace, a France-based aerospace company and subsidiary of Airbus, uniting these strengths to strengthen its position in the aerostructures market. The company manages a supply chain that involves over 500 direct suppliers for flying products and more than 2,000 indirect suppliers for general procurement products.

Major companies in the aerostructures industry are embracing a strategic partnership approach to offer critical aerostructures services that aim to lower costs, foster innovation, and cater to the changing needs of the aviation market. Strategic partnerships involve companies leveraging each other's strengths and resources for mutual benefits. For example, in January 2023, General Atomics Aeronautical Systems, Inc., a US-based provider of cutting-edge technology solutions, collaborated with Bharat Forge Limited, an India-based supplier of safety and critical components, to produce main landing gear components, subassemblies, and assemblies for remotely piloted aircraft.

In February 2022, Daher, a French company operating across aerospace, nuclear, defense, and automotive sectors, has entered an agreement to acquire Triumph Group, Inc.'s metallic aerostructures production and assembly business in the USA. This acquisition was made to reinforce its presence and enhance production capabilities in the North American region. The metallic aerostructures unit, Stuart, specializes in manufacturing intricate and sizeable metallic structures, including wing and fuselage assemblies.

Major companies operating in the aerostructures market include Spirit AeroSystems, Saab AB, Triumph Group Inc., Leonardo SpA, Elbit Systems Ltd., Airbus S.A.S., The Boeing Company, Lockheed Martin Corporation, Northrop Grumman Corporation, BAE Systems plc, Raytheon Technologies Corporation, Safran S.A., Bombardier Inc., Embraer S.A., General Dynamics Corporation, Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., GKN Aerospace Ltd., FACC AG, RUAG Group, Collins Aerospace Ltd., Dassault Aviation S.A., Meggitt PLC, RUAG International, RUAG Space, Premium AEROTEC GmbH, Belge de Constructions Aéronautiques SA, Aero Vodochody AEROSPACE a.s., Singapore Technologies Engineering Ltd., Aviation Industry Corporation of China.

Aerostructures encompass subsystems or components integral to an aircraft's airframe, comprising the entire fuselage, wings, and flight control surfaces. These components play a pivotal role in the design, development, and assembly of an airplane.

The main types of components within aerostructures include the fuselage, empennage, flight control surfaces, wings, nose, nacelle and pylon, doors, and skid. The fuselage, a long hollow tube, serves as the structural backbone holding all the elements of an airplane together. Materials employed in aerostructures include composites, alloys and superalloys, as well as various metals. These aerostructures find applications across different platforms, including fixed-wing aircraft, rotary-wing aircraft, unmanned aerial vehicles (UAVs), and advanced air mobility solutions. End-users encompass original equipment manufacturers (OEMs) and aftermarket services.

The aerostructures market research report is one of a series of new reports that provides aerostructures market statistics, including aerostructures industry global market size, regional shares, competitors with an aerostructures market share, detailed aerostructures market segments, market trends and opportunities, and any further data you may need to thrive in the aerostructures industry. This aerostructures market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

North America was the largest region in the aerostructures market in 2024, and it is also expected to be the fastest-growing region in the aerostructures market share during the forecast period. The regions covered in the aerostructures market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the aerostructures market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The aerostructures market consists of sales of aerostructures' products such as titanium alloys, aluminum alloys and high-strength steels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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