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US Aerostructures Market Research Report: By Component (Fuselage, Flight Control Surfaces, Wings, Nose, Nacelle and Pylon, Others), By Material (Composite, Alloys, Metals), By End-Use (OEM, Aftermarket) and By Platform (Fixed Wing, Rotary Wing) - Forecast to 2035


ID: MRFR/A&D/17535-US | 100 Pages | Author: MRFR Research Team| December 2023

US Aerostructures Market Research Report: By Component (Fuselage, Flight Control Surfaces, Wings, Nose, Nacelle and Pylon, Others), By Material (Composite, Alloys, Metals), By End-Use (OEM, Aftermarket) and By Platform (Fixed Wing, Rotary Wing) - Forecast to 2035.


US Aerostructures Market Overview:


As per MRFR analysis, the US Aerostructures Market Size was estimated at 7.15 (USD Billion) in 2023. The US Aerostructures Market Industry is expected to grow from 8(USD Billion) in 2024 to 26 (USD Billion) by 2035. The US Aerostructures Market CAGR (growth rate) is expected to be around 11.31% during the forecast period (2025 - 2035).


Key US Aerostructures Market Trends Highlighted


The US aerostructures market is currently witnessing significant technological advancements as manufacturers focus on enhancing the efficiency and performance of aircraft components. The integration of advanced materials such as carbon fiber reinforced polymers and other composites is a prominent trend, allowing for lightweight structures that improve fuel efficiency and reduce emissions. Companies are increasingly adopting automation and digital manufacturing techniques, improving production capabilities and reducing costs. Key market drivers include the rising demand for commercial aircraft due to the recovery of air travel post-pandemic and the increasing focus on sustainable aviation practices.This demand is being further fueled by government support aimed at revitalizing the aerospace sector, with initiatives that promote innovation and strengthen the supply chain. Opportunities to be captured in the US aerostructures market include the growing emphasis on next-generation aircraft designs, which require advanced aerostructure components. The need for modifications and retrofitting of older aircraft to comply with new regulations presents another area of significant opportunity. The shift towards electric and hybrid-propulsion aircraft is creating a unique niche that manufacturers can explore, potentially leading to new partnerships and investments in R&D.Trends in recent times also indicate a shift towards increased collaboration among industry players, including partnerships between aerospace companies and technology firms to drive innovation. Additionally, the focus on defense spending is influencing the market, as there is a consistent need for military aircraft and components. Overall, the US aerostructures market is experiencing transformative growth, driven by innovation, regulatory demands, and evolving consumer preferences.

US Aerostructures Market size

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Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Aerostructures Market Drivers

Increasing Demand for Commercial Aircraft


The growth in the US Aerostructures Market Industry is significantly influenced by the soaring demand for commercial aircraft. The Federal Aviation Administration (FAA) projects that the total demand for new aircraft will be approximately 8,000 units between 2021 and 2040, which equates to a compound annual growth rate of 4.2%. This increase is driven by a resurgence in air travel post-pandemic, coupled with the need for airlines to modernize their fleets to improve fuel efficiency and reduce emissions.Companies such as Boeing and Lockheed Martin, which are major players in aircraft manufacturing, are ramping up production to meet this demand, thereby enhancing the aerostructures market further. As these companies continue to innovate and expand their aircraft offerings, the need for advanced aerostructures made from lightweight materials will also grow, leading to continuous market expansion.


Technological Advances in Aerostructures


Innovations in materials and manufacturing processes are driving the evolution of the US Aerostructures Market Industry. For example, the use of composite materials has been found to reduce airframe weight by about 20-30%, thereby significantly improving fuel efficiency. The National Aeronautics and Space Administration (NASA) has been actively investing in Research and Development to explore further advancements in aerostructure technologies. Their recent initiatives focus on implementing automated manufacturing processes, like additive manufacturing, which can drastically shorten production timelines.Such technological advancements not only enhance the structural integrity of aircraft but also cater to the growing demand for sustainable aviation solutions.


Government Initiatives for Aerospace Development


The US government's commitment to advancing the aerospace sector plays a crucial role in bolstering the US Aerostructures Market Industry. The Aerospace Innovation Act promotes investment in aviation technologies, and the Department of Defense allocates substantial budgets for military aircraft programs, which significantly influence the market. The 2022 budget included over $50 billion dedicated to aerospace-related technologies. This level of investment fosters collaboration between private companies and government agencies, leading to the development of next-generation aerostructures.Furthermore, initiatives to enhance workforce skills through training programs ensure that the industry is equipped with a qualified talent pool, thus driving market growth.


Sustainability and Regulatory Pressure


Environmental concerns and regulatory pressures are increasingly shaping the US Aerostructures Market Industry. The Environmental Protection Agency (EPA) has set stringent guidelines aimed at reducing aircraft emissions. These regulations prompt manufacturers to innovate in the design and production of aerostructures that utilize more sustainable materials and processes. The FAA’s Continuous Lower Energy, Emissions, and Noise (CLEEN) initiative aims for a 50% reduction in aviation greenhouse gas emissions by 2050, which necessitates advancements in the aerostructures used in aircraft.Companies like Northrop Grumman are actively developing eco-friendly aerostructures to comply with these evolving regulations, thus contributing to the growth of the market.

US Aerostructures Market Segment Insights:

Aerostructures Market Component Insights



The US Aerostructures Market, particularly within the Component segment, is a dynamic sector reflecting continuous technological advancements and robust demand across various applications in aerospace. This segment encompasses critical components that play pivotal roles in the overall functionality and performance of aircraft. Among these, the fuselage is significant as it serves as the main body of the aircraft, providing structural integrity and housing vital systems, thus facilitating passenger and cargo transport. Flight control surfaces are another essential element, as they influence aircraft maneuverability, stability, and safety during operations, which is crucial given the increasingly stringent regulations on aviation safety.Wings are central to an aircraft's aerodynamic performance, significantly affecting fuel efficiency and overall operation costs, thereby making innovations in wing design and materials a key focus within the industry. The nose of the aircraft, while often overlooked, is critical for its aerodynamic properties and houses essential instruments, making it an area for ongoing research to improve efficiency and safety through advanced materials and technologies. Additionally, nacelles and pylons are vital for housing engines and attaching them to the aircraft, where efficiency improvements can lead to enhanced thrust-to-weight ratios and overall propulsion effectiveness, aligning with market trends leaning towards sustainability and cost reduction.The importance of components in the US Aerostructures Market cannot be understated, as they collectively enable manufacturers to optimize aircraft performance, reduce operational costs, and enhance passenger experience while striving for greater environmental responsibility. Continuous Research and Development efforts are essential to meet the rising expectations for lighter, stronger, and more durable components, enabling the market to respond to challenges such as evolving regulations and the growing demand for air travel. While the trends point towards increasing investments in technology, the market must also navigate challenges related to supply chain complexities, which can impact production timelines and costs.With the expansion of the aerospace sector owing to favorable economic conditions and enhanced air traffic forecasts, the Component segment is positioned as a significant contributor to the overarching goals of the industry, driven by innovation and the pursuit of improved operational efficiencies. This component-driven approach allows for the development of tailored solutions addressing specific requirements of modern aircraft design, which become increasingly sophisticated as the aerospace industry evolves. The importance of each component underscores the necessity for manufacturers to ensure quality, performance, and compliance with industry standards, emphasizing the unyielding commitment to safety and reliability in aviation. Thus, the dynamics of the US Aerostructures Market in the Component segment reflect a broader narrative of growth, innovation, and strategic adaptation to the challenges and opportunities within the aerospace landscape.


US Aerostructures Market segment
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Aerostructures Market Material Insights



The Material segment within the US Aerostructures Market plays a crucial role in the overall industry, reflecting advanced technological innovations and strategic shifts towards lightweight, high-strength materials. The segment is broadly categorized into Composite, Alloys, and Metals, each contributing uniquely to the performance and efficiency of aerostructures. Composites have gained significant traction due to their lightweight properties and corrosion resistance, making them ideal for fuel efficiency in aerospace applications. Alloys, particularly aluminum and titanium variants, dominate due to their favorable strength-to-weight ratio and durability, supporting various structural applications.Metals are traditional materials that continue to be relevant due to their proven reliability and availability. The growth of this segment is driven by increasing demand for fuel-efficient aircraft and stringent regulatory standards aimed at reducing emissions. Additionally, advancements in manufacturing processes, including additive manufacturing and automated layup techniques, are set to enhance capabilities within each material type. The US Aerostructures Market segmentation shows that the increasing integration of advanced materials not only supports enhanced aerodynamics but also provides opportunities for cost-effective production and extended lifecycle benefits in aerospace structures.As the industry evolves, the Material segment remains influential in addressing the challenges of weight reduction and sustainability, which are critical for future aviation developments.

Aerostructures Market End-Use Insights



The US Aerostructures Market exhibits significant engagement in the End-Use segment, particularly focusing on Original Equipment Manufacturers (OEM) and Aftermarket services. The OEM segment plays a vital role in the supply chain, as it involves the design, manufacturing, and integration of components critical for aircraft assembly, thereby ensuring the delivery of advanced and reliable systems. The presence of leading aerospace manufacturers in the US, supported by robust research and development efforts, drives advancements in OEM technologies.On the other hand, the Aftermarket segment is equally crucial as it provides essential services for maintenance, repair, and overhaul (MRO) operations, ensuring the longevity and efficiency of aircraft throughout their operational lifecycle. This segment caters to the growing demand for enhanced operational efficiencies and regulatory compliance, driven by increasing flight hours and the expansion of aviation networks. Overall, the US Aerostructures Market segmentation in the End-Use domain underlines the interplay between innovation in the OEM sector and the vital support provided by Aftermarket services, shaping the industry's growth trajectory and contributing to market resilience, especially in a country with a flourishing aviation sector.

Aerostructures Market Platform Insights



The Platform segment of the US Aerostructures Market plays a crucial role in the overall structure and function of the aerospace industry, focusing primarily on systems that enable aircraft operation. This segment encompasses both Fixed Wing and Rotary Wing platforms, each serving distinct purposes in military and civil aviation. Fixed Wing platforms are essential for commercial airliners, transport aircraft, and military jets, providing stability and efficiency for longer flights. Rotary Wing platforms, which include helicopters, are vital for search and rescue operations, emergency medical services, and military applications, offering maneuverability in complex environments.The advancement in materials and manufacturing processes is driving innovations across these platforms, enabling the production of lighter, more fuel-efficient aircraft. Furthermore, increasing defense budgets in the US are enhancing investments in modern technologies, thereby boosting the demand for both Fixed and Rotary Wing aerostructures. With a significant push toward sustainable practices, the industry is exploring eco-friendly technologies, including the use of alternative fuels and hybrid systems, which present new opportunities for growth within the segment.These trends reaffirm the importance of the Platform segment in ensuring the US maintains its leadership in aerospace manufacturing and service capabilities.

US Aerostructures Market Key Players and Competitive Insights:


The US Aerostructures Market is characterized by a dynamic landscape driven by advancements in aerospace technology, increasing demand for commercial and military aircraft, and a focus on cost-effective and efficient production methods. This market sees intense competition among established players, as well as emerging companies that seek to leverage innovative materials and engineering capabilities. Key market participants continually innovate to enhance their product offerings and address the increasing expectations for performance, safety, and sustainability from airframe manufacturers and customers alike. Competitive insights reveal trends in mergers and acquisitions, partnerships, and strategic alliances as companies seek to strengthen their positions in this vital sector.Raytheon Technologies holds a significant position in the US Aerostructures Market, leveraging its extensive capabilities in aerospace components and systems. The company boasts a strong emphasis on research and development, allowing it to create high-quality products that cater specifically to the requirements of aircraft manufacturers. Raytheon Technologies has a well-established presence, deeply integrated within defense contracts and commercial supply chains, which further amplifies its operational strengths. The company's focus on innovation positions it favorably in terms of offering advanced aerostructures that improve fuel efficiency and reduce emissions, thereby aligning with industry trends. The robust financial stability and broad experience across aerospace sectors give Raytheon Technologies a competitive edge in navigating market challenges.Boeing, a towering presence in the US Aerostructures Market, is known for its comprehensive portfolio of products and services, which includes commercial jetliners, military aircraft, space systems, and related services. The company excels in engineering aerostructures with a focus on safety, performance, and cost-efficiency, establishing a strong brand reputation. Boeing's extensive supply chain network provides it with a strategic advantage, facilitating timely delivery of components and assemblies to clients. Strengthened by various mergers and acquisitions over the years, Boeing has been able to enhance its technological capabilities and market share within the US region. Its commitment to innovation drives the development of cutting-edge materials and manufacturing techniques, thereby ensuring its continued leadership in the Aerostructures sector.


Key Companies in the US Aerostructures Market Include:

Raytheon Technologies


Boeing


Lockheed Martin


General Dynamics


GKN Aerospace


Bell Textron


Safran


Textron


L3Harris Technologies


Oregon Aero


Rockwell Collins


Spirit AeroSystems


Northrop Grumman


Triumph Group


Honeywell


US Aerostructures Market Industry Developments


The US Aerostructures Market has witnessed significant developments recently, with companies like Boeing and Lockheed Martin expanding their production capabilities to meet rising demand. In September 2023, General Dynamics announced a major contract win with the US government to supply advanced aerostructures, reinforcing its position in the defense sector. Meanwhile, Safran and Honeywell are collaborating on innovative technologies to enhance fuel efficiency in next-generation aircraft. Recent trends indicate a strong growth trajectory, partly fueled by an uptick in commercial aviation as travel demand rebounds post-pandemic. In terms of mergers and acquisitions, Triumph Group completed the acquisition of a major aerostructures manufacturer in August 2023, aiming to bolster its market share and service offerings. Additionally, Rockwell Collins expanded its operations in the US by acquiring a cutting-edge technology firm in the aeronautics field in July 2023, highlighting the ongoing consolidation in the market. Over the past two years, companies have reported a steady increase in revenues, aligning with the overall growth forecast for the US aerostructures sector, which is projected to further accelerate as the industry adapts to emerging technologies and infrastructure investments.


US Aerostructures Market Segmentation Insights

Aerostructures Market Component Outlook


Fuselage


Flight Control Surfaces


Wings


Nose


Nacelle and Pylon


Others

Aerostructures Market Material Outlook


Composite


Alloys


Metals

Aerostructures Market End-Use Outlook


OEM


Aftermarket

Aerostructures Market Platform Outlook


Fixed Wing


Rotary Wing

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 7.15(USD Billion)
MARKET SIZE 2024 8.0(USD Billion)
MARKET SIZE 2035 26.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 11.31% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Raytheon Technologies, Boeing, Lockheed Martin, General Dynamics, GKN Aerospace, Bell Textron, Safran, Textron, L3Harris Technologies, Oregon Aero, Rockwell Collins, Spirit AeroSystems, Northrop Grumman, Triumph Group, Honeywell
SEGMENTS COVERED Component, Material, End-Use, Platform
KEY MARKET OPPORTUNITIES Increased demand for fuel-efficient designs, Growth in defense spending and contracts, Advancements in composite materials utilization, Expanding commercial aerospace production, Focus on sustainability and eco-friendly solutions
KEY MARKET DYNAMICS Increasing aircraft production rates, Technological advancements in manufacturing, Growing demand for lightweight materials, Shift towards sustainable aviation, Expanding defense budgets and contracts
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Aerostructures Market is expected to be valued at 8.0 USD Billion in 2024.

By 2035, the US Aerostructures Market is projected to reach a value of 26.0 USD Billion.

The expected CAGR for the US Aerostructures Market from 2025 to 2035 is 11.31%.

The fuselage component is valued at 2.5 USD Billion in the US Aerostructures Market for 2024.

The flight control surfaces component is expected to be valued at 4.0 USD Billion by 2035.

Major players in the US Aerostructures Market include Raytheon Technologies, Boeing, Lockheed Martin, and General Dynamics among others.

In 2024, the wings segment of the US Aerostructures Market is valued at 2.0 USD Billion.

Challenges include supply chain disruptions and increasing material costs affecting market stability.

The nose component is projected to reach a market value of 3.5 USD Billion by 2035.

The nacelle and pylon segment holds a market value of 1.3 USD Billion in 2024.

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