Asia Pacific Commercial Aircraft Aerostructures Market Size & Share Analysis – Growth Trends & Forecasts (2025 – 2030)
The Asia Pacific Commercial Aircraft Aerostructures Market is Segmented by Material (Alloys, Composites, and Metals), End User (OEM and Aftermarket), and Country (China, India, Japan, South Korea, Indonesia, Australia, and the Rest of Asia Pacific). The report offers the market size and forecasts by value (USD Billion) for all the above segments.
Asia Pacific Commercial Aircraft Aerostructures Market Size & Share Analysis – Growth Trends & Forecasts (2025 – 2030)
Asia Pacific Commercial Aircraft Aerostructures Market Size
| Study Period | 2020 – 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 – 2030 |
| Historical Data Period | 2020 – 2023 |
| CAGR | 4.79 % |
| Market Concentration | Medium |
Asia Pacific Commercial Aircraft Aerostructures Market Analysis
The Asia Pacific Commercial Aircraft Aerostructures Market is expected to register a CAGR of 4.79% during the forecast period.
Asia Pacific Commercial Aircraft Aerostructures Market Trends
Composites Segment is Estimated to Show Significant Growth During the Forecast Period
- Asia Pacific has shown the highest growth in the number of air travelers in recent years, driven by increased spending on the aviation sector and a rising number of passengers, particularly in India and China. According to the International Air Transport Association (IATA), Asia-Pacific airlines experienced a 464.8 percent increase in September 2022 compared to the same period last year, the strongest year-over-year growth rate among all regions.
- Passenger capacity also rose by 165 percent in 2022. In addition, there were 633 known projects at existing airports globally in 2022, with a total investment of USD 565.7 billion. Of these projects, Asia Pacific is among the largest spenders on airport infrastructure, with 228 ongoing infrastructure projects valued at USD 227 billion. Thus, the growing investment in the aviation sector drives the demand for new commercial aircraft and their components, including composite materials.
- Composite materials are widely used in aerospace applications, including brackets, engine blades, nacelles, interiors, single aisle wings, propellers/rotors, and wide-body wings, due to their lightweight, high strength, and good fatigue resistance. These materials have exceptional strength and stiffness-to-density ratios and superior physical properties. A composite material typically consists of relatively strong, stiff fibers in a tough resin matrix, with carbon fiber, glass, and aramid-reinforced epoxy being the three main types used in aerospace. Composite materials have played a vital role in reducing the weight of aerostructures, accounting for more than 20% of the A380’s airframe. Glass-fiber-reinforced and carbon-fiber-reinforced polymers (CFRPs) are used extensively in fuselage sections, wings, doors, and tail surfaces.
- For instance, in July 2021, Markforged, the creator of the integrated metal and carbon fiber additive manufacturing platform, the Digital Forge, launched two composite materials, Onyx™ FR-A, and Carbon Fiber FR-A, for aerospace and other applications. This demonstrates the growing use of advanced composite materials that provide high stiffness, strength, and reduced weight of aerostructures, thereby driving the growth of the market.
India Will Showcase Remarkable Growth During the Forecast Period
- In the current scenario, India is experiencing a significant surge in aircraft manufacturing, air passenger traffic, and commercial aircraft deliveries. The growth in air passenger traffic, along with government investments and support, as well as the need for aircraft with advanced aerostructures, is expected to propel the market to grow significantly in the coming years.
- As per the data released by the Ministry of Civil Aviation in February 2023, the Indian aviation sector witnessed a total of 6,060 domestic aircraft movements, with 3,026 departing and 3,034 arriving flights, carrying a total of 845,941 domestic passengers. Additionally, there were 947 international aircraft movements, with 515 international flights landing in India and 432 flights departing from India, carrying a total of 162,991 passengers. Furthermore, India’s air passenger traffic grew by 47% year-on-year to reach 123.2 million passengers in 2022, indicating a strong recovery from the travel slump witnessed in 2021 and 2020 due to the COVID pandemic.
- Furthermore, there has been significant growth in aircraft deliveries in India over the past few years. Several Indian airline companies are now upgrading or replacing their fleet of old aircraft with new and advanced models.
- For instance, in February 2023, Air India announced its plans to purchase a record number of passenger airplanes to compete for a greater share of the booming domestic and international air travel market. The order includes 190 B737 MAX jets, 20 Boeing B787 Dreamliners, and ten widebody B777X planes, for a total of 220 aircraft. Additionally, Air India is ordering 250 airplanes from European manufacturer Airbus, including 210 A320 Neo narrow-body planes and 40 A350 wide-body aircraft.
- Similar initiatives to foster the aviation manufacturing industry in India are expected to have a positive impact on the commercial aircraft aerostructures market in the country during the forecast period.
Asia Pacific Commercial Aircraft Aerostructures Industry Overview
The market is moderately fragmented and features several local players in addition to global technology providers. Some of the key players in the market are The Boeing Company, Lockheed Martin Corporation, Commercial Aircraft Corporation of China (COMAC), Airbus SE, and TATA Advanced Systems Ltd. These key players are focusing on introducing advanced technologies to reduce weight, improve reliability, and enhance the performance of aerostructures. Moreover, they aim to expand their businesses through contracts, partnerships, and new product launches.
For example, in August 2022, Kaiser Aluminum signed a long-term contract with Boeing to supply sheet and light gauge aluminum plates for use in Boeing’s commercial aircraft products.
Asia Pacific Commercial Aircraft Aerostructures Market Leaders
- The Boeing Company
- Airbus SE
- Lockheed Martin Corporation
- Commercial Aircraft Corporation of China (COMAC)
- TATA Advanced Systems Ltd.
Asia Pacific Commercial Aircraft Aerostructures Market News
- September 2022: Infosys signed a five-year agreement with Spirit AeroSystems to provide aerostructure and systems engineering services for the development of commercial aircraft and business jets, as well as maintenance, repair, and overhaul (MRO) services.
- January 2021: ST Engineering announced that it had entered into a 10-year agreement with Honeywell Aerospace. Under the agreement, ST Engineering will provide component MRO and warranty repair services to all Asia-Pacific operators for Honeywell’s components.
APAC Commercial Aircraft Aerostructures Market Report – Table of Contents
- 1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
- 2. RESEARCH METHODOLOGY
- 3. EXECUTIVE SUMMARY
- 4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Porter’s Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
- 5. MARKET SEGMENTATION
- 5.1 Material
- 5.1.1 Alloys
- 5.1.2 Composites
- 5.1.3 Metals
- 5.2 End User
- 5.2.1 OEM
- 5.2.2 Aftermarket
- 5.3 Country
- 5.3.1 China
- 5.3.2 India
- 5.3.3 Japan
- 5.3.4 South Korea
- 5.3.5 Indonesia
- 5.3.6 Australia
- 5.3.7 Rest of Asia-Pacific
- 5.1 Material
- 6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
- 6.2 Company Profiles
- 6.2.1 Aviation Industry Corporation of China Ltd.
- 6.2.2 Cyient Ltd.
- 6.2.3 Airbus SE
- 6.2.4 Commercial Aircraft Corporation of China (COMAC)
- 6.2.5 Mitsubishi Aircraft Corporation
- 6.2.6 The Boeing Company
- 6.2.7 Lockheed Martin Corporation
- 6.2.8 Embraer SA
- 6.2.9 Mahindra Aerospace Pvt. Ltd.
- 6.2.10 Tata Advanced Systems Ltd (TASL)
- 7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Asia Pacific Commercial Aircraft Aerostructures Industry Segmentation
An aircraft aerostructure is a separately manufactured unit or component of an aircraft’s airframe that includes fuselage, wings, nacelles, and flight control surfaces. Aerostructures together support the aircraft by acting as a skeleton on which other equipment and devices are mounted or integrated.
The Asia Pacific commercial aircraft aerostructures market is segmented by material, end-user, and country. By material, the market is segmented into alloys, composites, and metals. By end-user, the market is segmented into original equipment manufacturer (OEM) and aftermarket. By geography, the market is segmented into China, India, Japan, South Korea, Indonesia, Australia, and the rest of Asia Pacific.
The market sizing and forecasts have been provided in value (USD billion) for all the above segments.
| Material | |
| Alloys | |
| Composites | |
| Metals |
| End User | |
| OEM | |
| Aftermarket |
| Country | |
| China | |
| India | |
| Japan | |
| South Korea | |
| Indonesia | |
| Australia | |
| Rest of Asia-Pacific |
APAC Commercial Aircraft Aerostructures Market Research FAQs
What is the current Asia Pacific Commercial Aircraft Aerostructures Market size?
The Asia Pacific Commercial Aircraft Aerostructures Market is projected to register a CAGR of 4.79% during the forecast period (2025-2030)
Who are the key players in Asia Pacific Commercial Aircraft Aerostructures Market?
The Boeing Company, Airbus SE, Lockheed Martin Corporation, Commercial Aircraft Corporation of China (COMAC) and TATA Advanced Systems Ltd. are the major companies operating in the Asia Pacific Commercial Aircraft Aerostructures Market.
What years does this Asia Pacific Commercial Aircraft Aerostructures Market cover?
The report covers the Asia Pacific Commercial Aircraft Aerostructures Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Commercial Aircraft Aerostructures Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.