Aircraft Fuselage Market

Aircraft Fuselage: Introduction

• The fuselage is the principal body-structure of an aircraft and the part to which all other units are attached. It offers room for the crew, passengers, cargo, accessories, and other important applications. Fuselage and the parts attached to it, such as wings and tail, help the aircraft to be in a statically stable position.
• The fuselage not only acts as an occupant of the aircraft but it plays an important role in the drag force regulation of an aircraft. The fuselage must be designed as aerodynamically as possible in order to minimize the drag force.

Key Drivers of Global Aircraft Fuselage Market

• Rise in demand for air travel, increase in income level of people, and surge in aircraft sales are major factors driving the aircraft fuselage market. Dynamic technological trends in aircraft design and development to improve fuel economy and overall performance of the aircraft are prompting new developments in fuselage manufacturing, which in turn is boosting the aircraft fuselage market.
• Increase in demand for lightweight materials in aircraft part production to reduce its operating weight and increase the take-off capacity of the aircraft has fuelled the market size for the aircraft fuselage significantly. Use of composite materials in part production can reduce the weight up to 20%.
• Significantly high demand from the military sector to produce the fastest and cutting-edge technology assisted aircraft is a major driver of the aircraft fuselage market. Rising cross-border tensions among several countries around the world and increasing defence budgets of countries are also notable drivers of the aircraft fuselage market.

Restraints of Global Aircraft Fuselage Market

• Supply chains in aviation are complex and comprise several types of suppliers, manufacturers, and service providers. The complexity in supply carries uncertainty and imposes a component shortage, which is a prominent challenge for the global aircraft fuselage market. The COVID-19 pandemic and lockdown restrictions presented tremendous challenges for the global aviation industry. Presently, though the supply chains have resumed, uncertainty and complexity have caused supply-demand gap and backlogs in order, which is further restraining market growth.

Opportunities in Global Aircraft Fuselage Market

• Increase in government interest toward rapid development of airport infrastructure in major developing and developed countries presents significant opportunity for fuselage manufacturers and suppliers. There are several new airport infrastructure projects going on in Europe, APAC, and the U.S. owing to strong government initiatives. Subsequently, the demand for new-age aircraft is also higher.
• Increase in sales of passenger, commercial, military cargo aircraft, helicopters is likely to offer positive prospects for the growth of aircraft fuselage market. Robust research and development (R&D) in the aviation sector around the world is also likely to bolster the aircraft fuselage market during the forecast period.

Regional Outlook of Global Aircraft Fuselage Market

• North America and Europe are anticipated to hold major share of the global aircraft fuselage market. Demand for North America is primarily attributed to the U.S. aviation sector. Heavy replacement of aging aircraft fleets in the U.S. is a leading factor boosting the aircraft fuselage market in North America. Furthermore, Europe-based aerospace giant Airbus SE decided to replace nearly 12,000 passenger single-aisle aircraft for a 20-year demand, which has created major opportunity for the aircraft fuselage market in Europe. The aircraft fuselage market in Asia Pacific is projected to expand at a significant rate and the demand would be fulfilled due to the growing aviation sector in India, China, and ASEAN nations. Japan and South Korea are also projected to account for a notable share. The market in Middle East & Africa along with South America is estimated to expand at a sluggish pace during the forecast period.

Key Players Operating in Global Aircraft Fuselage Market

The major players operating in the global aircraft fuselage market are mentioned as below:

• Aviation Industry Corporation of China (AVIC)
• Airbus SE
• Embraer SA
• Kawasaki Heavy Industries
• Leonardo SpA
• Bombardier
• Latécoère
• Lockheed Martin Corporation
• Mitsubishi Heavy Industries
• Rostec
• Triumph Group Inc.
• Ostseestaal GmbH and Co
• Goodrich Corp
• GKN Aerospace
• Aernnova
• Textron Aviation
• The Boeing Company
• Dassault Aviation SA
• Saab AB
• Embraer S.A.
• GE Aviation
• Hindustan Aeronautics Limited

Global Aircraft Fuselage Market, Research Scope

Global Aircraft Fuselage Market, by Aircraft Type

• Fixed-wing Aircraft
• Rotorcraft

Global Aircraft Fuselage Market, by Force Absorption

• Monocoque
• Semi-Monocoque

Global Aircraft Fuselage Market, by Size

• Narrow Body Aircraft
• Wide Body Aircraft

Global Aircraft Fuselage Market, by Material

• Composite
• Metal
• Alloy

Global Aircraft Fuselage Market, by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Nordic Region
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • Turkey
  • South Africa
  • Rest of Middle East & Africa