Global Aerostructure Equipment Market Overview:
Aerostructure includes wings, fuselage, pylons, flight control surfaces, nacelles, thrust reversers, empennage, and others. The aerostructure equipment is used to provide load efficiency, and safety and helps in mechanical testing of the aircraft. They are used in commercial airlines and military operations where there are aircraft and helicopters require to keep running all the time. Some of the players profiled in the study are RUAG International Holding AG (Switzerland), Airbus S.A.S (France), Collins Aerospace (United States), KUKA (Germany), Electroimpact Inc. (United States), Broetje Automation (United States), Spirit AeroSystems, Inc. (United States), M.Torres Disenos Industriales (Spain) and Triumph Group, Inc. (United States).
On the basis of geography, the market of Aerostructure Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2020. If we see Market by Aerostructure, the sub-segment i.e. Wings will boost the Aerostructure Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Civilian will boost the Aerostructure Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increased Demand for Safe and Efficient Aerostructure in Aircraft
- Need for the Regular Aerostructure Mechanical Testing
- Continuous Technological Advancements in the Aerostructure Equipment
- Decrease in Production of Aircraft Due to the Pandemic Hindering the Aerostructure Equipment Market
- Surging Demand for the Aerostructure Equipment from Developing Countries
- Stringent Regulatory Guidelines on the Aerostructure Equipment
Key Market Developments:
On 9th March 2021, the Launch of Space provider “beyond gravity” and RUAG International shall become «beyond gravity» - an agile leading-edge technology provider for space. The company is withdrawing completely from the remaining military-related business and will continue to develop the Aerostructures business segment individually.
On 21st April 2021, Airbus transform its European set-up into aerostructures. Airbus has provided more details to its social partners during a European Works Council (SE-WC) meeting about the Company’s ongoing assessment of its industrial set-up in Europe, notably regarding aerostructures activities in France and Germany.
Aerostructure Equipment Manufacturers, Aerostructure Equipment International Traders, Aerostructure Equipment Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Aerostructure Equipment market on the basis of product [Fastening Systems and Composite Systems] , application [Sheet Metal, Machining Operations, Composite and Metal Bonding, Paint and Processing, Tool Design and Fabrication and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Aerostructure Equipment market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Aerostructure Equipment industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Aerostructure Equipment market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.