Aerostructures Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 64.86 Billion |
| Market Size (2030) | USD 93.14 Billion |
| CAGR (2025 - 2030) | 7.43% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Aerostructures Market Analysis
The Aerostructures Market size is estimated at USD 64.86 billion in 2025, and is expected to reach USD 93.14 billion by 2030, at a CAGR of 7.43% during the forecast period (2025-2030).
- The aerostructures market involves the design, development, and manufacturing of components that make up the structure of aircraft. These components include wings, fuselage, empennage, and landing gear, among others. As the aviation industry continues to recover post-pandemic, the demand for aerostructures is increasing, driven by both commercial and defense sectors. Technological advancements and innovations in lightweight materials and design processes are shaping the market's evolution.
- The growing global air travel demand is a key factor driving the market. Airlines are expanding their fleets with more fuel-efficient and environmentally friendly aircraft, prompting the need for advanced aerostructures. Additionally, the rise of electric and hybrid aircraft is generating new opportunities in the market, as lightweight and durable materials are essential for these emerging technologies.
- In the defense sector, increased military spending is driving the demand for aircraft and related components. Nations are investing in next-generation fighter jets, drones, and unmanned aerial vehicles (UAVs), all of which require specialized aerostructures. The need for stronger, lighter, and more durable materials is also growing in this segment to enhance performance and reduce operational costs.
- Leading companies in the aerostructures market include Boeing, Airbus, Lockheed Martin, and Northrop Grumman. These players are focusing on increasing their production capacities, expanding their supplier networks, and incorporating automation and digitalization into their manufacturing processes. The growing trend toward outsourcing is also evident, with many aerospace companies collaborating with third-party suppliers for cost-effective production solutions.
- The market faces challenges such as fluctuating raw material costs, regulatory compliance, and supply chain disruptions. However, the ongoing trend of mergers and acquisitions, along with innovations in manufacturing techniques like 3D printing, is expected to mitigate these challenges. As the demand for both commercial and defense aircraft continues to rise, the aerostructures market is poised for steady growth in the coming years.
Aerostructures Market Trends
Commercial Aircraft Segment Accounts For Major Share
- Commercial aircraft dominate the aerostructures market, driven by the increasing demand for air travel and fleet expansion across the globe. The commercial aviation sector, consisting of major aircraft models like the Boeing 737, Airbus A320, and wide-body aircraft like the Boeing 777 and Airbus A350, generates significant demand for aerostructures such as wings, fuselage, and landing gear. These components are critical for ensuring safety, efficiency, and performance.
- The rise in global air passenger traffic, especially in emerging markets such as Asia-Pacific and the Middle East, further fuels the demand for commercial aircraft. Airlines are upgrading their fleets with more fuel-efficient models, which creates a continuous need for advanced, lightweight aerostructures to meet performance and regulatory standards. The growth in low-cost carriers (LCCs) also adds to the increasing number of commercial aircraft on the market.
- As airlines adopt next-generation aircraft like the Airbus A320neo and Boeing 787, aerostructure manufacturers are focusing on the use of composite materials and innovative manufacturing technologies. These materials help reduce the overall weight of the aircraft, leading to better fuel efficiency and lower operational costs. The shift towards more sustainable and environmentally friendly aircraft is further driving the growth of the commercial aircraft segment.
- The commercial aircraft segment is expected to continue dominating the aerostructures market in the coming years. As the aviation industry recovers from the impact of the pandemic, the demand for new aircraft, along with upgrades to existing fleets, will sustain the need for high-quality aerostructures, ensuring that commercial aviation remains a key contributor to the market's growth.
- According to Boeing, between 2024 and 2043, around 43,975 new commercial aircraft will be delivered, with single-aisle planes making up the majority, totaling over 33,380 units. This surge in aircraft deliveries will significantly drive the demand for aerostructures, especially for components like wings, fuselage, and landing gear, as manufacturers work to meet the growing need for lightweight, fuel-efficient materials and advanced manufacturing solutions to support the next generation of commercial aircraft.
North America Accounts For Major Share
- North America dominates the aerostructures market, driven by the strong presence of major aerospace manufacturers and a large number of commercial and defense aircraft operators. The United States is home to industry giants like Boeing, Lockheed Martin, and General Electric, which significantly contribute to the region's market share. These companies play a crucial role in both the production of aerostructures and the demand for components, solidifying North America's leadership in the sector.
- The presence of well-established military and defense programs in the U.S. further boosts demand for advanced aerostructures. The U.S. Department of Defense continues to invest heavily in next-generation fighter jets, drones, and other defense-related aircraft, creating consistent demand for specialized components. This adds to the overall strength of the North American market, ensuring a steady stream of orders for aerostructure manufacturers.
- In addition to defense, the rapid recovery of the commercial aviation sector in North America has fueled further growth. Airlines such as American Airlines, Delta, and United are actively modernizing their fleets, increasing the need for both new aircraft and replacement components. This trend toward fleet expansion and modernization generates significant opportunities for aerostructure suppliers, contributing to North America's dominant market position.
- Furthermore, North America benefits from advanced manufacturing capabilities, robust research and development, and a well-established supply chain for aerospace materials. The region's strong focus on innovation, including the use of composites and lightweight materials, positions it as a global leader in aerostructure technology. This allows North American manufacturers to cater to both commercial and defense sectors efficiently.
- While Asia-Pacific and Europe are also growing markets, North America's established infrastructure, technological expertise, and strategic investments continue to ensure its dominance in the global aerostructures market. As the aviation industry continues to evolve, North America is expected to maintain its leadership position due to ongoing demand from both commercial and defense segments.
Aerostructures Industry Overview
The aerostructures market is fragmented, with leading players such as Boeing, Airbus, Lockheed Martin, Northrop Grumman, and Raytheon Technologies. These companies compete by offering innovative, lightweight materials and advanced manufacturing techniques like 3D printing. Strategic collaborations and joint ventures are common to expand capabilities and market presence.
The rise of emerging players, particularly from Asia-Pacific, adds to the competitive landscape. Cost-efficiency, product quality, and adherence to safety standards are critical differentiators. The demand for both commercial and defense aircraft continues to drive competition and innovation in the sector.
Aerostructures Market Leaders
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Boeing Company
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Airbus SE
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Lockheed Martin Corporation
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Northrop Grumman Corporation
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Raytheon Technologies Corporation
- *Disclaimer: Major Players sorted in no particular order
Aerostructures Market News
- November 2024: Dawn Aerospace, with joint headquarters in the Netherlands and New Zealand, completed the inaugural supersonic flight of its rocket-powered aircraft, advancing its mission to develop aircraft capable of launching satellites.
- January 2024: Mahindra Aerostructures Pvt Ltd (MASPL) has inked a multi-year contract with Airbus Atlantic, focusing on the production and supply of metallic components and small assemblies. This deal encompasses the entire range of Airbus's commercial aircraft, prominently featuring the popular A320 family. Valued at around USD 100 million, the contract mandates MASPL to deliver nearly 2,300 distinct metallic components to Airbus Atlantic's French base, all sourced from MASPL's manufacturing hub in India. This new contract complements MASPL's ongoing initiatives, where they directly supply parts to Airbus's facilities located in both France and Germany.
Aerostructures Industry Segmentation
The aerostructures market involves the design, production, and supply of essential components that form the structure of an aircraft, including wings, fuselage, empennage, and landing gear. The scope includes both commercial and military aircraft, with increasing demand driven by technological advancements, the rise in air traffic, and defense spending. The market also covers innovations in lightweight materials and manufacturing processes like composites and 3D printing. With growing investments in next-generation aircraft and defense technologies, the market is poised for steady growth.
The Aerostructures Market is segmented by aircraft type (commercial aircraft, military aircraft, UAVs (unmanned aerial vehicles), helicopters), component (wings, fuselage, empennage, landing gear, engine components, and other components), end-user (OEMs (original equipment manufacturers), aftermarket), and geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Aircraft Type | Commercial Aircraft |
| Military Aircraft | |
| UAVs (Unmanned Aerial Vehicles) | |
| Helicopters | |
| By Component | Wings |
| Fuselage | |
| Empennage | |
| Landing Gear | |
| Engine Components | |
| Other Components | |
| By End-User | OEMs (Original Equipment Manufacturers) |
| Aftermarket | |
| By Geography*** | North America |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America | |
| Middle East and Africa |
| Commercial Aircraft |
| Military Aircraft |
| UAVs (Unmanned Aerial Vehicles) |
| Helicopters |
| Wings |
| Fuselage |
| Empennage |
| Landing Gear |
| Engine Components |
| Other Components |
| OEMs (Original Equipment Manufacturers) |
| Aftermarket |
| North America |
| Europe |
| Asia |
| Australia and New Zealand |
| Latin America |
| Middle East and Africa |
Aerostructures Market Research FAQs
How big is the Aerostructures Market?
The Aerostructures Market size is expected to reach USD 64.86 billion in 2025 and grow at a CAGR of 7.43% to reach USD 93.14 billion by 2030.
What is the current Aerostructures Market size?
In 2025, the Aerostructures Market size is expected to reach USD 64.86 billion.
Who are the key players in Aerostructures Market?
Boeing Company, Airbus SE, Lockheed Martin Corporation, Northrop Grumman Corporation and Raytheon Technologies Corporation are the major companies operating in the Aerostructures Market.
Which is the fastest growing region in Aerostructures Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Aerostructures Market?
In 2025, the North America accounts for the largest market share in Aerostructures Market.
What years does this Aerostructures Market cover, and what was the market size in 2024?
In 2024, the Aerostructures Market size was estimated at USD 60.04 billion. The report covers the Aerostructures Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Aerostructures Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Aerostructures Industry Report
Statistics for the 2025 Aerostructures market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aerostructures analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
