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Aircraft Strut Trends and Forecast
The future of the global aircraft strut market looks promising with opportunities in the commercial and military markets. The global aircraft strut market is expected to reach an estimated $5.1 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing demand for lightweight landing gear system, increasing air passenger traffic, and escalating demand for fuel-efficient aircraft.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aircraft Strut by Segment
The study includes a forecast for the global aircraft strut by product type, aircraft body type, operation, end use, and region.
Aircraft Strut Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Rigid Aircraft Struts
• Spring Steel Aircraft Struts
• Shock Struts
• Bungee Cords
Aircraft Strut Market by Aircraft Body Type [Shipment Analysis by Value from 2018 to 2030]:
• Small Body Aircraft
• Wide Body Aircraft
• Very Large Body Aircraft
• Regional Aircraft
Aircraft Strut Market by Operation [Shipment Analysis by Value from 2018 to 2030]:
• Hydraulic
• Pneumatic
Aircraft Strut Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Commercial
• Military
• Others
Aircraft Strut Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aircraft Strut Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft strut companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft strut companies profiled in this report include-
• Birken Manufacturing
• Circor Aerospace
• Malabar
• PCC Aerostructures
• Bansbach Easylift
• Crompton Technology Group
• New Brow Aerospace
• wicks aircraft
• Fiber Dynamics
• Robart
Aircraft Strut Market Insights
Lucintel forecasts that rigid aircraft strut is expected to witness the highest growth over the forecast period.
Within this market, commercial is expected to witness the higher growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Aircraft Strut Market
Market Size Estimates: Aircraft strut market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aircraft strut market size by various segments, such as by product type, aircraft body type, operation, end use, and region in terms of value ($B).
Regional Analysis: Aircraft strut market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, aircraft body types, operations, end uses, and regions for the aircraft strut market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft strut market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aircraft strut market size?
Answer: The global aircraft strut market is expected to reach an estimated $5.1 billion by 2030.
Q2. What is the growth forecast for aircraft strut market?
Answer: The global aircraft strut market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aircraft strut market?
Answer: The major drivers for this market are growing demand for lightweight landing gear system, increasing air passenger traffic, and escalating demand for fuel-efficient aircraft.
Q4. What are the major segments for aircraft strut market?
Answer: The future of the aircraft strut market looks promising with opportunities in the commercial and military markets.
Q5. Who are the key aircraft strut market companies?
Answer: Some of the key aircraft strut companies are as follows:
• Birken Manufacturing
• Circor Aerospace
• Malabar
• PCC Aerostructures
• Bansbach Easylift
• Crompton Technology Group
• New Brow Aerospace
• wicks aircraft
• Fiber Dynamics
• Robart
Q6. Which aircraft strut market segment will be the largest in future?
Answer: Lucintel forecasts that rigid aircraft strut is expected to witness the highest growth over the forecast period.
Q7. In aircraft strut market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aircraft strut market by product type (rigid aircraft struts, spring steel aircraft struts, shock struts, and bungee cords), aircraft body type (small body aircraft, wide body aircraft, very large body aircraft, and regional aircraft), operation (hydraulic and pneumatic), end use (commercial, military, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aircraft Strut Market, Aircraft Strut Market Size, Aircraft Strut Market Growth, Aircraft Strut Market Analysis, Aircraft Strut Market Report, Aircraft Strut Market Share, Aircraft Strut Market Trends, Aircraft Strut Market Forecast, Aircraft Strut Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Aircraft Strut Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aircraft Strut Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aircraft Strut Market by Product Type
3.3.1: Rigid Aircraft Struts
3.3.2: Spring Steel Aircraft Struts
3.3.3: Shock Struts
3.3.4: Bungee Cords
3.4: Global Aircraft Strut Market by Aircraft Body Type
3.4.1: Small Body Aircraft
3.4.2: Wide Body Aircraft
3.4.3: Very Large Body Aircraft
3.4.4: Regional Aircraft
3.5: Global Aircraft Strut Market by Operation
3.5.1: Hydraulic
3.5.2: Pneumatic
3.6: Global Aircraft Strut Market by End Use
3.6.1: Commercial
3.6.2: Military
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aircraft Strut Market by Region
4.2: North American Aircraft Strut Market
4.2.2: North American Aircraft Strut Market by End Use: Commercial, Military, and Others
4.3: European Aircraft Strut Market
4.3.1: European Aircraft Strut Market by Product Type: Rigid Aircraft Struts, Spring Steel Aircraft Struts, Shock Struts, and Bungee Cords
4.3.2: European Aircraft Strut Market by End Use: Commercial, Military, and Others
4.4: APAC Aircraft Strut Market
4.4.1: APAC Aircraft Strut Market by Product Type: Rigid Aircraft Struts, Spring Steel Aircraft Struts, Shock Struts, and Bungee Cords
4.4.2: APAC Aircraft Strut Market by End Use: Commercial, Military, and Others
4.5: ROW Aircraft Strut Market
4.5.1: ROW Aircraft Strut Market by Product Type: Rigid Aircraft Struts, Spring Steel Aircraft Struts, Shock Struts, and Bungee Cords
4.5.2: ROW Aircraft Strut Market by End Use: Commercial, Military, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aircraft Strut Market by Product Type
6.1.2: Growth Opportunities for the Global Aircraft Strut Market by Aircraft Body Type
6.1.3: Growth Opportunities for the Global Aircraft Strut Market by Operation
6.1.4: Growth Opportunities for the Global Aircraft Strut Market by End Use
6.1.5: Growth Opportunities for the Global Aircraft Strut Market by Region
6.2: Emerging Trends in the Global Aircraft Strut Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aircraft Strut Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aircraft Strut Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Birken Manufacturing
7.2: Circor Aerospace
7.3: Malabar
7.4: PCC Aerostructures
7.5: Bansbach Easylift
7.6: Crompton Technology Group
7.7: New Brow Aerospace
7.8: wicks aircraft
7.9: Fiber Dynamics
7.10: Robart
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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