Global Aircraft Struts Market Size By Type (Rigid Aircraft Struts, Spring Steel Aircraft Struts), By Application (Commercial Aircraft, Military Aircraft), By Region, And Segment Forecasts, 2023 to 203...

The Global Aircraft Struts Market was valued at USD 1.9 billion in 2023 and is projected to reach USD 3.4 billion by 2031, expanding at a CAGR of 7.3% during the forecast period of 2023–2031. The increasing demand for air travel, rising aircraft production, and advancements in lightweight materials are driving the growth of the aircraft struts market. Aircraft struts play a critical role in maintaining structural integrity, reducing vibration, and supporting landing gear systems, making them essential in both commercial and military aircraft segments.

Drivers:

1. Growth in Global Air Passenger Traffic:

Rising disposable income and expanding airline networks are increasing the number of air travelers, pushing airlines to expand fleets and prompting higher aircraft production, thereby increasing demand for struts.

2. Increased Aircraft Modernization and MRO Activities:

The aviation sector’s focus on safety, reliability, and fuel efficiency is driving investments in maintenance, repair, and overhaul (MRO), which boosts the replacement demand for aircraft struts.

3. Advancements in Lightweight and Composite Materials:

The use of carbon fiber and titanium alloys in aircraft struts reduces overall aircraft weight and improves performance, supporting wider adoption in next-gen aircraft designs.

Restraints:

1. High Manufacturing and Installation Costs:

Precision engineering and stringent compliance with safety regulations increase the cost of manufacturing and installing aircraft struts, limiting adoption among smaller aircraft manufacturers.

2. Stringent Regulatory Standards:

Aviation authorities enforce rigorous standards on aircraft component quality, testing, and certifications, often leading to longer product approval cycles and limiting fast deployment.

Opportunity:

1. Rise in Demand from Emerging Economies:

Countries like India, China, and Brazil are experiencing rapid growth in civil aviation. This is expected to open new avenues for aircraft OEMs and component suppliers, including struts.

2. Expansion of UAV and eVTOL Markets:

The growing adoption of drones and electric vertical takeoff and landing (eVTOL) aircraft is presenting new, lightweight strut design opportunities in the defense and urban air mobility sectors.

Market by System Type Insights:

Based on system type, the Landing Gear Struts segment held the largest share in 2023 due to its critical function in absorbing shock during landing and ensuring safe ground operation. This segment is expected to maintain its dominance through 2031. The Wing Struts segment is anticipated to register significant growth due to their increasing use in light and ultralight aircraft for structural support and weight optimization.

Market by End-use Insights:

In 2023, the Commercial Aviation segment accounted for the largest revenue share, driven by growing airline fleet expansions and passenger volumes. However, the Military Aviation segment is expected to see robust growth, supported by defense modernization initiatives and the acquisition of new aircraft across regions.

Market by Regional Insights:

North America led the global aircraft struts market in 2023, attributed to strong aircraft manufacturing activities, a high number of commercial and defense aircraft fleets, and established aerospace suppliers. The Asia-Pacific region is projected to witness the fastest growth, driven by the expansion of aviation infrastructure, rising air traffic, and increasing investments in indigenous aircraft development in China and India.

Competitive Scenario:

Key players in the Global Aircraft Struts Market include:

Safran Landing Systems

Triumph Group

Heroux-Devtek Inc.

Magellan Aerospace Corporation

UTC Aerospace Systems

Circor International, Inc.

Qarbon Aerospace

Moog Inc.

These companies are focusing on strategic partnerships with OEMs, technological innovations in lightweight materials, and expanding MRO services to gain a competitive edge.

Scope of Work – Global Aircraft Struts Market

Key Market Developments:

2023: Safran Landing Systems unveiled a new lightweight landing gear strut designed for next-gen narrow-body aircraft, enhancing energy absorption and weight savings.

2024: Triumph Group entered a multi-year agreement with a leading aircraft OEM to supply strut components for commercial narrow-body platforms.

2025: Heroux-Devtek announced the opening of a new manufacturing facility in Europe to support increased demand for struts and landing systems in regional jets.

FAQs:

1) What is the current market size of the Global Aircraft Struts Market?

The market was valued at USD 1.9 billion in 2023.

2) What is the major growth driver of the Global Aircraft Struts Market?

Growth in global air travel and increased aircraft production are the major growth drivers.

3) Which is the largest region during the forecast period in the Global Aircraft Struts Market?

North America is the largest region, supported by a strong aerospace manufacturing base.

4) Which segment accounted for the largest market share in Global Aircraft Struts Market?

The Landing Gear Struts segment accounted for the largest market share in 2023.

5) Who are the key market players in the Global Aircraft Struts Market?

Key players include Safran Landing Systems, Triumph Group, Heroux-Devtek Inc., and UTC Aerospace Systems.

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