According to the Fortune Busines Insights the global aerostructures market size was valued at USD 116.09 billion in 2023. The market is projected to grow from USD 123.25 billion in 2024 to USD 210.65 billion by 2032, exhibiting a CAGR of 6.93% during the forecast period.

Aerostructures are aircraft airframe components that are combined together for forming a basic framework of an aircraft. The mounting deployment of advanced technologies such as 3D printing for producing ducts, panels, wings, and other components is anticipated to propel industry expansion over the forthcoming years.

The COVID-19 pandemic negatively affected the market owing to a decline in annual orders and deliveries of key manufacturers.

Fortune Business Insights™ provides this information in its research report, titled “Aerostructures Market Size, Share, Forecast, 2024-2032”.

List of Key Players Mentioned in the Report:

• AAR Corp (U.S.)
• Bombardier Inc (U.S.)
• SAAB AB (Sweden)
• Spirit Aerosystems Inc. (U.S.)
• Triumph Group Inc. (U.S.)
• Cyient Ltd (India)
• Elbit Systems Ltd (Israel)
• GKN Aerospace (U.K.)
• Leonardo SpA (Italy)
• The Boeing Company (U.S.)
• Airbus SAS (France)

Information Source:

https://www.fortunebusinessinsights.com/industry-reports/aerostructures-market-101663