An aerostructure is a part of an aircraft’s airframe, which includes complete or part of aircraft wings, flight control surfaces, and fuselage, among others. These structures are being used for manufacturing all types of fixed and rotary wing aircraft. Aerostructures are based on specific aerodynamic designs for fuselage, engine nacelles, wings, one-piece pressure bulkheads, doors, and horizontal stabilizers, among others, which provide endurance and strength to the overall aircraft body. Aerostructures are the backbone of the aircraft and are responsible for safe, efficient, and reliable flight. The use of lightweight and high-strength composite materials for the development of aerostructures is anticipated to drive the growth of the aerostructures market.

Competitive landscape helps vendors acquire detailed information regarding their competitors on the basis of product offerings and business strategies. The report reviews major players and outlines the findings and analysis as well as rates them accordingly on the basis of vendor performance within each evaluation criteria.

Vendors who fall into this category generally receive high scores for most evaluation criteria. They have a robust and established product portfolio, along with a strong market presence. They provide mature and reputable products & services and encompass strong business strategies.

They are established vendors with very strong business strategies. However, they have weaker product portfolio as compared to their peers. They generally focus on a specific type of technology related to a particular product.

Innovators are vendors that have demonstrated substantial product innovations as compared to their competitors. They have a focused product portfolio. However, they do not have very strong growth strategies for their overall business.

They are vendors with niche product offerings, who have started to gain their position in the market. They do not have strong business strategies as compared to other established vendors. They might be new entrants in the market and require some more time before attaining significant traction in the market. The OEM segment accounted for a major share of the aerostructures market in 2016. Development of next generation green aircraft is one of the most significant factors driving the growth of the aerostructures market. In addition, increased automation, technological advancements, and expansion of the aviation industry are additional factors influencing the growth of the aerostructures market in the near future. In the aviation industry, aircraft are manufactured and delivered to airlines with avionics components already installed in the aircraft. Original Equipment Manufacturers (OEMs) are responsible for the installation of avionics components. This has become a suitable alternative for airline companies, as post the delivery of aircraft aftermarket modification becomes cumbersome for aircraft manufacturers. OEM component providers also offer the line-fit option, thereby saving the time consumed in the installation of aerostructure components in the aircraft, post its delivery to airline companies. In addition, airlines are not required to maintain a separate workforce for installation of retrofit components. Aircraft aftermarket components are primarily used in the maintenance and upgrade of the aircraft. These components are supplied, once the aircraft is delivered to airlines. In an aftermarket, the company offers complete maintenance, repair, and overhaul services specializing in both, metallic and composite repair techniques. For instance, when an aircraft is damaged by bird strike, the airline sends the damaged aircraft for maintenance, repair, and overhaul, which comes under aftermarket. The refurbishing and replacement services offered by aftermarket companies, fulfill all necessary aerostructure requirements.