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Growth Opportunities for Advanced Materials in Aerospace

  • Report

  • 27 Pages
  • September 2024
  • Region: Global
  • Frost & Sullivan
  • ID: 6008086

The Development of New and Innovative Aircraft/Engine Platforms is Driving the Need for Advanced Materials

The aerospace industry is going through a rapid transformation to make it efficient, sustainable, and future-proof. Industry stakeholders are developing new and innovative technologies that support increased efficiency and reduced costs while achieving higher capabilities. Globally, OEMs are developing innovative aircraft/engine platforms that are moving away from conventional design and functionality.

To support the development and deployment of these new platforms, advanced components, including materials that meet the desired specifications, are required. This is driving the need to develop and adopt new materials that offer better capabilities than existing materials. Both well-established OEMs and start-ups are increasingly investing in R&D to support the development, testing, and prototyping of such materials. The need for new and innovative materials will continue to increase as the demand for next-generation platforms rises, especially now that the competition in the industry is high.

Table of Contents

Strategic Imperatives
  • Why Is It Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top 3 Strategic Imperatives on Advanced Materials for the Aerospace Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
  • Growth Metrics
  • Key Requirements of Materials Used in Aerospace
  • Key Factors Driving the Need for New and Advanced Materials
  • Growth Drivers
  • Growth Restraints
  • Advanced Materials used in Aerospace (Current and Future)
  • Uses of Advanced Materials
  • Key Suppliers, Global
  • Future Growth Outlook
Growth Opportunity Universe
  • Growth Opportunity 1: Self-healing Materials to Increase the Lifespan of Aircraft/Engines
  • Growth Opportunity 2: Shape Memory Alloys to Support New Aircraft/Engine Designs
  • Growth Opportunity 3: Smart Materials to Support Future Flight Platforms - Electric, Hydrogen, Supersonic
  • List of Exhibits
  • Legal Disclaimer