Global Aerostructures Market Research Report—Forecast till 2024

Published - Jun 2019 | Category - Aerospace and Defense | No. of Pages - 133 | Published By - Market Research Future


Global Aerostructures Market is expected to witness significant growth during the forecast period.

Global Aerostructures Market Research Report: Information by Component (Fuselage, Flight Control Surfaces, Wings, Nose, Nacelle and Pylon, and Others), Material (Composite, Alloys, and Metals), End Use (OEM and Aftermarket), Platform (Fixed Wing and Rotary Wing), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)—Forecast till 2024

Market Scenario

The global aerostructures market is expected to witness significant growth during the forecast period. An increase in air passenger traffic and commercial aircraft deliveries are the primary drivers for market growth. Advancements in materials and aircraft design are also expected to propel market growth. Rising per capita disposable incomes in emerging economies has also led to an increase in air passengers which has stimulated the demand for aircraft in Asia-Pacific. However, the recycling of old aircraft parts is expected to lower the demand for aerostructures, thereby, restraining market growth during the forecast period.


 

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