Global Aero Wing Market is accounted for $20.35 billion in 2020 and is expected to reach $46.56 billion by 2028 growing at a CAGR of 10.9% during the forecast period. The growing defense budget and rising usage of composite components to procure aircraft wings are the factors driving the market growth.
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By geography, North America is going to have high growth during the forecast period as the region is home to a large number of aviation giants such as Lockheed Martin and Raytheon. These behemoths have been investing heavily in advanced wing technologies.
Some of the key players profiled in the Aero Wing Market include Airbus UK, AVIC XCAC, GKN Aerospace Service Ltd, Mitsubishi Heavy Industries, Sonaca Group, Spirit AeroSystems Inc, and Triumph Group.
Materials Covered in Aero Wing Market
• Alloys
• Composite
• Metal
Type of Builds Covered:
• Composite Skin Fabrication
• Conventional Skin Fabrication
Products Covered:
• Military Aircraft Wing
• Narrow-Body Aircraft Wing
• Regional Aircraft Wing
• Wide-Body Aircraft Wing
End Users Covered:
• Civil Aviation
• Commercial
• Military
Sales Channels Covered:
• Direct Sales
• Distributor
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