The global aerostructures market is projected to grow from an estimated US$61.0 billion in 2023 to US$84.0 billion by 2028, representing a compound annual growth rate (CAGR) of 6.6% during the forecast period, according to a recent market report.

 

The report, covering aerostructures by material, component, end user, aircraft type and region, highlights increasing demand linked to military modernisation programmes, expanding unmanned aerial vehicle (UAV) adoption and ongoing technological development in aerostructure design and manufacturing.

 

Modern aerostructures are increasingly being developed to meet specific operational requirements, particularly for military aircraft. Governments worldwide are investing in aircraft upgrade programmes, supporting sustained demand across the sector. In parallel, growth in UAV deployment and advances in aerostructure technologies are contributing to overall market expansion.

 

Major industry participants identified include GKN plc (UK), Spirit AeroSystems Inc. (US), Saab AB (Sweden), FACC AG (Austria) and Leonardo S.p.A (Italy), among others.

 

From a component perspective, the doors and skids segment is expected to record the highest CAGR during the forecast period. Aircraft doors perform multiple functions, including emergency exit capability, cargo handling and passenger boarding and disembarkation, while maintaining structural integrity and airtight performance during flight operations.

 

Skids provide critical support during take-off, landing and ground operations, particularly for helicopters. Their ability to absorb landing impact forces and provide ground stability is contributing to segment growth, alongside increasing safety and security requirements.

 

By end user, the aftermarket segment is projected to achieve the second highest CAGR. The aftermarket refers to the secondary market for aircraft parts and associated services not directly supplied by original equipment manufacturers.

Growth in this segment is linked to increasing digitalisation of aftermarket services, aimed at reducing cost and turnaround time while improving operational efficiency.

 

Regionally, North America is expected to maintain both the largest market share and the highest CAGR during the forecast period. The region benefits from advanced aerospace technology development, a well-established supplier network and strong production infrastructure supported by specialised facilities and skilled labour.

 

North America remains a major hub for commercial aircraft production, supported by the presence of major manufacturers including The Boeing Company. Continued production of commercial, defence and military aircraft across the region is expected to support aerostructures demand through the forecast period.