Aircraft Fairings Market Report 2025

The aircraft fairings market size has grown strongly in recent years. It will grow from $1.94 billion in 2024 to $2.1 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to dairy industry growth, rotation crop benefits, rise of hay export market, biofuel and energy production, demand for organic feed.

The aircraft fairings market size is expected to see strong growth in the next few years. It will grow to $2.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to sustainable agriculture practices, expansion of livestock industries, research and breeding programs, demand for high-quality forage, water-saving agriculture. Major trends in the forecast period include adoption of improved varieties, precision agriculture technologies, drought-resistant varieties, innovations in harvesting and storage, organic alfalfa production, biofuel and bioprocessing.

The surge in demand for aircraft is poised to be a driving force behind the growth of the aircraft fairing market in the foreseeable future. Aircraft, being fixed-wing vehicles designed for air travel, serve various purposes and come in diverse forms. The utilization of aircraft fairings in lightweight aircraft offers several advantages, including a streamlined outline and reduced drag, ultimately enhancing the aerodynamics of the aircraft. These improvements lead to increased fuel efficiency and decreased costs for the aerospace industry. For instance, in January 2023, Airbus, a France-based aerospace company, experienced a rise in deliveries by 8% over 2021, serving 84 clients with 661 deliveries. Additionally, in March 2023, Lufthansa Group, a German-based airline, inked a deal with Airbus to expand its fleet by adding 10 Airbus A350-1000s and 5 Airbus A350-900s. This growth in aircraft demand is expected to drive the aircraft fairing market.

The upsurge in business travel is anticipated to propel the expansion of the aircraft fairing market. Business travel encompasses individuals traveling for work-related purposes, including meetings, conferences, negotiations, or other professional activities that require travel outside their usual residence. This escalating demand for business travel necessitates innovative aircraft models that prioritize passenger comfort and operational efficiency, often incorporating advanced fairing systems to meet modern standards of performance and fuel efficiency. For example, in January 2022, Stratos Jet Charters, Inc., a US-based air service company, reported that Americans undertake over 405 million long-distance business trips annually. Additionally, according to the Global Business Travel Association, the United States witnesses an average of 1.3 million business trips per day. Hence, the increasing prevalence of business travel is a significant driver fueling growth within the aircraft fairings market.

Product innovation stands out as a prominent trend within the aircraft fairing market, with major companies concentrating on developing pioneering products to fortify their market positions and gain a competitive edge. An example of this trend occurred in June 2022 when Aero Design Labs, a US-based company specializing in aircraft fairings, introduced the ADL ADRS-1 kit, an aerodynamic drag-reduction system kit designed for the Boeing 737NG. This innovative product boasts revised fairings, modified flap track fairing tips, updated wheel-well fairings, and vortex generators, aimed at reducing fuel consumption and CO2 emissions.

Significant players within the aircraft fairing market are forging partnerships to cultivate novel products and bolster their standing within the industry. Strategic partnerships in this sector allow companies to leverage combined expertise, pool resources, and develop cutting-edge technologies, fostering innovation, efficiency, and competitiveness. For instance, in June 2023, Capgemini SE, a France-based information technology company, collaborated with Amazon Web Services Inc., a US-based cloud computing company, to launch the Lifecycle Optimization for Aerospace platform. This groundbreaking technology platform aims to advance circular economy practices in aviation by automating inspection processes, optimizing the lifecycle analysis of aircraft parts, and guiding decisions to prolong their usability. Leveraging artificial intelligence and machine learning on AWS's Cloud infrastructure, the platform consolidates historical operational data to offer a comprehensive view of aircraft part usage over time. It's designed to enhance collaboration within the aerospace ecosystem, optimize maintenance approaches, and promote sustainable utilization of existing aircraft parts.

In June 2024, Aviationscouts GmbH, a Germany-based firm specializing in aviation recruitment and consulting services, acquired Aerotec Europe Holding GmbH for an undisclosed sum. This acquisition is intended to strengthen Aviationscouts GmbH's workforce and expertise in the aviation sector, specifically aimed at improving operational efficiency and fostering innovation in the aircraft fairings market and related components. Aerotec Europe Holding GmbH is also based in Germany and offers engineering, manufacturing, and consulting services for the aviation industry, focusing on components such as aircraft fairings and other structural elements.

Major companies operating in the aircraft fairings market include Avcorp Industries Inc., FACC AG, Royal Engineered Composites, ShinMaywa Industries Ltd., Airbus SE, Barnes Group Inc., The Boeing Company, Daher, Arnprior Aerospace Inc., Fdc Composites Inc., Fiber Dynamics Inc., Kaman Corporation, McFarlane Aviation Inc., Stene Aviation Inc., Patria Aerostructures Oy, Ducommun Incorporated, Saab AB, Malibu Aerospace LLC, Strata Manufacturing PJSC, Turkish Aerospace Inc., Premium AEROTEC, NORDAM GROUP LLC, GKN Aerospace Services Limited, Spirit AeroSystems Holdings, Triumph Group Inc., RTX Corporation, Bombardier Inc., Mitsubishi Heavy Industries Ltd., Kawasaki Heavy Industries Ltd., Leonardo S.p.A.

North America was the largest region in the aircraft fairings market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global aircraft fairings market during the forecast period. The regions covered in the aircraft fairings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aircraft fairings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An aircraft fairing is a device designed to create a streamlined shape and minimize drag on aircraft surfaces. These structures serve to fill gaps and spaces between different sections of an aircraft, aiming to reduce form drag and interference drag while enhancing the overall appearance.

The primary materials employed in aircraft fairings include aluminum, composites, and various alloys. Aluminum, a lightweight metal characterized by its lightness and silver color, is a commonly utilized material in aircraft fairings due to its strength and corrosion resistance. These fairings are distributed through sales channels involving original equipment manufacturers (OEM) and aftermarket services, and they find applications in various parts of the aircraft such as the fuselage, engine, control surfaces, radars and antennas, and landing gear. The end-users for these products encompass commercial, military, and general aviation sectors.

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

The aircraft fairings market consists of sales of cockpit fairings, belly fairings, and engine cowlings. 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.

This product will be delivered within 3-5 business days.