Winglets Market Report 2025

The winglets market size has grown strongly in recent years. It will grow from $2.87 billion in 2024 to $3.11 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to fuel efficiency and performance enhancement, regulatory pressure for emissions reduction, increased focus on operating cost reduction, aircraft fleet upgrades and retrofits, market competition and airline differentiation.

The winglets market size is expected to see strong growth in the next few years. It will grow to $4.21 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to the emergence of next-generation aircraft, global growth in air travel demand, sustainability and emission reduction goals, advancements in winglet design and materials, and ongoing aircraft retrofit programs. Major trends in the forecast period include enhanced range and payload capacity, OEM collaboration with winglet manufacturers, advancements in winglet materials, application in business and regional aircraft, regulatory support and certification.

The anticipated rise in aircraft production is set to propel the growth of the winglets market. Aircraft production encompasses the entire process of designing, manufacturing, and assembling aircraft, including both commercial and military aircraft. Winglets play a crucial role in aircraft production by enhancing aerodynamic performance and fuel efficiency. As an illustrative example, the General Aviation Manufacturers Association reported that in 2022, Airbus SE recorded 1,078 gross new orders and completed 661 commercial aircraft, showcasing an increase from 611 in the previous year. This upward trend in aircraft production serves as a key driver fueling the growth of the winglets market.

The increase in the number of air passengers is also poised to contribute to the expansion of the winglets market. Air passengers, or airline passengers, refer to individuals traveling on commercial aircraft. With airlines actively seeking ways to optimize fuel consumption and operational costs, the adoption of winglets becomes a compelling strategy, playing a pivotal role in enhancing aircraft performance and fuel efficiency, especially amid the growing demand for air travel. Supported by data from the International Civil Aviation Organization (ICAO) in May 2022, which reported a 65% increase in the number of passengers carried by air from January to April 2022 compared to April 2021, the surge in air travel demand is a significant factor driving the growth of the winglets market.

Leading companies in the winglets market are concentrating on advancements in aerodynamics and fuel efficiency, introducing innovative designs and materials that enhance aircraft performance and sustainability within the aviation industry. An example of this is the King Air C-90 Winglet Series LED lighting system, which upgrades traditional incandescent lights to more efficient LED lights on the aircraft's winglets and tail, improving visibility and reliability. For instance, in October 2022, BLR Aerospace LLC, a US-based aerospace firm, launched the King Air C-90 Winglet Series LED lighting system upgrade for the tail and winglets. This light package serves as a turn-key solution that replaces incandescent lights with LED versions for the forward position, forward anti-collision, forward recognition, rear position, and rear anti-collision lights. It converts power directly into light, operates ten times more efficiently than incandescent bulbs, draws significantly less current than conventional lighting, and enables a lower-voltage power supply.

Major players in the winglet market are also focusing on introducing advanced solutions, exemplified by the development of winglet lighting systems to enhance market profitability. Winglet lighting systems comprise integrated lighting solutions specifically designed for the winglets of an aircraft. As demonstrated by BLR Aerospace LLC, a US-based aerospace engineering company, they launched a King Air C-90 Winglet Series LED lighting system upgrade in October 2022. This FAA-approved upgrade for the King Air C-90 Series incorporates LED lighting, improving efficiency and reducing power consumption. Additionally, BLR Aerospace's Winglet System, featuring aluminum wingtips and carbon fiber winglets, not only enhances aesthetics but also contributes to improved performance, including reduced fuel consumption and increased cruise speed. This strategic focus on advanced solutions and collaborative ventures underscores the commitment of major companies to innovation and market growth in the winglet industry.

In April 2023, Ducommun Incorporated, a US-based engineering and manufacturing company catering to aerospace, defense, industrial, and medical industries, completed the acquisition of BLR Aerospace LLC for an undisclosed sum. This strategic move bolsters Ducommun's range of engineered products with BLR's specialized offerings, enhancing the aftermarket revenue segment. BLR Aerospace LLC, based in the US, focuses on aerospace modifications and manufactures winglets as part of its aerospace solutions.

Major companies operating in the winglets market include Airbus SE, The Boeing Company, Mitsubishi Heavy Industries Ltd, PPG Aerospace, Melrose Industries Plc, Gulfstream Aerospace Corporation, Dassault Aviation, Bombardier Aerospace, Textron Aviation Inc., Spirit AeroSystems Holdings, Israel Aircraft Industries, Embraer S.A., Daher, RUAG Holding, Aernnova Aerospace S.A., FACC AG, GKN Aerospace, Honda Aircraft Company, Viking Air Limited, BLR Aerospace, Applied Composites Engineering, SyberJet Aircraft, Vortex Aviation Inc., Aviation Partners Inc., Aviation Partners Boeing (APB), Tamarack Aerospace Group, Yankee Composites, Winglet Technology LLC, The Aircraft Performance Company GmbH.

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

Winglets are aerodynamic attachments positioned at an aircraft's wingtips, designed to enhance the aircraft's performance and efficiency. They optimize aerodynamics, leading to smoother and more efficient flight, primarily aimed at reducing drag and improving fuel efficiency.

Various types of winglets exist, including sharklets, split scimitar winglets, wingtip fences, blended winglets, and others. Sharklets, a specific winglet design common in aviation, are installed at the wingtips of aircraft, serving similar aerodynamic functions as conventional winglets. They are employed by a wide range of end users, including civil and military aircraft as well as commercial and cargo aircraft for both line fit and retrofit applications.

The winglets research report is one of a series of new reports that provides winglets market statistics, including the winglets industry's global market size, regional shares, competitors with winglets market share, detailed winglets market segments, market trends and opportunities, and any further data you may need to thrive in the winglets industry. This winglets 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.

The winglets market consists of sales of raked winglets, fairings, and winglet tip devices. 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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