The aerostructures market is projected to grow from USD 52.17 billion in 2016 to USD 75.97 billion by 2022, at a CAGR of 6.47% during the forecast period.
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North America is expected to lead the aerostructures market from 2016 to 2022. Countries considered for market analysis in the North American region include the U.S. and Canada. The general and commercial aviation sectors in North America have witnessed considerable growth over the past few years, owing to increase in aircraft deliveries. In addition, the presence of leading manufacturers of aero structures such as UTC Aerospace Systems (U.S.), Triumph Group, Inc.
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(U.S.), and AAR Corp. (U.S.) in this region is expected to drive the growth of the aerostructures market in North America. Inquire For Complete Report Copy of Aerostructures Market by Component (Fuselage, Empennage, Flight Control Surfaces, Wings, Nose, Nacelle & Pylon), Material (Composite, Alloys, Metals), End-Use (OEM, Aftermarket), Platform (Fixed & Rotary Wing), and Region - Global Forecast to 2022 www.rnrmarketresearch.com/contacts…ying?rname=982231
The growth of this market is mainly attributed to the rise in aircraft deliveries in the commercial and general aviation sectors. In addition, outsourcing of aerostructure manufacturing by major OEMs to tier 1 and tier 2 suppliers is further anticipated to drive the growth of the aerostructures market.
However, recyclability issues associated with composite materials are restraining the growth of the market.
Based on component, the aerostructures market has been segmented into fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others. The empennage segment is projected to grow at the highest CAGR from 2016 to 2022.This growth is mainly attributed to the increasing usage of composite materials in the manufacture of empennage.
Target Audience of Aerostructures Market Report:
- Aerostructure Manufacturers
- Airlines and Air Transport Companies
- General Aviation Authorities
- Aircraft Component Manufacturers
“Aerostructures Market” spread across 177 pages, profiling 12 companies and supported with 94 tables and 87 figures is now available at www.rnrmarketresearch.com/contacts…ount?rname=982231
Top 12 Companies Analyzed for Aerostructures Market Study are – UTC Aerospace Systems (U.S.), Leonardo S.p.A. (Italy), Triumph Group, Inc. (U.S.), RUAG Holding AG (Switzerland), Saab AB (Sweden), Cyient Limited (India), and AAR Corp. (U.S.), among others.
Fundamental Key Point from Table of Content:
Aerostructures Market, By Component
Flight Control Surfaces
Nacelle and Pylon
Aerostructures Market, By Material
Alloys & Super Alloys
Access this Report at www.rnrmarketresearch.com/contacts…hase?rname=982231
Aerostructures Market, By End-Use
Original Equipment Manufacturer (OEM)
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