Market Outlook
The global Aerostructures Market is projected to reach a valuation of roughly USD 74.0 billion by 2032, according to MRFR, supported by a compound annual growth rate (CAGR) of approximately 9 % between 2024 and 2032. After a dip in activity due to the pandemic, the aerospace value-chain is rebounding — aircraft programmes are restarting, material innovations are accelerating, and rising demand for both commercial and military aircraft is fueling structural components.
Industry Overview
Aerostructures refer to the major structural components of an aircraft: fuselage, wings, control surfaces, nacelles, pylons and other structural assemblies. These components are critical from both performance and safety perspectives. As aircraft manufacturers ramp up production and adopt advanced materials (composites, alloys) to reduce weight, fuel consumption and emissions, the aerostructures segment is gaining increasing focus. The military segment adds further impetus — modernization programmes and defense aircraft upgrades are contributing meaningfully. According to MRFR, the pandemic initially hindered aircraft deliveries, but the demand for unmanned aerial vehicles (UAVs) and defense-aerostructures is expected to support recovery. 
Key Players
Leading companies identified by MRFR in the aerostructures market include: AAR Corp. (US), Bombardier Inc. (Canada), RUAG Group (Switzerland), Saab AB (Sweden), Spirit AeroSystems, Inc. (US), Stelia Aerospace Group (France), Triumph Group, Inc. (US), Cyient Ltd (India), Elbit Systems Ltd (Israel), GKN Aerospace (UK), and Leonardo SpA (Italy). These firms dominate through large-scale supply agreements, advanced material capabilities and global manufacturing footprints.
Segmentation Growth
MRFR’s segmentation covers:

• By component: fuselage, flight control surfaces, wings, nose, nacelle & pylon, and others.
• By material: composites, alloys and metals.
• By end-use: OEM (original equipment manufacturer) and aftermarket.
• By platform: fixed wing and rotary wing.
  Growth is expected to be particularly strong in segments leveraging advanced composites (light weight, high strength) and in emerging geographies where aircraft build-rates are rising.
  Conclusion
  For industry players, the aerostructures market presents a strong growth runway. From the USD 48.57 billion market in 2020 (MRFR) to USD 74.0 billion by 2032 – the trajectory is clear. Investment in advanced materials, modular manufacturing, aftermarket services and geographic expansion will be key differentiators. Firms that adapt to lighter, greener, and higher-throughput production will be best positioned in the race ahead.