Aerospace Control Surface Market size will see noticeable growth over 2023-2032 due to the increasing demand for commercial and defense aircrafts. A positive outlook for the product to offer superior control and allow pilots to adjust aircraft flight altitude will drive the overall aerospace control surface industry.
Production of new aircrafts with increasing use of composites to provide superior efficiency and enhancing flight safety will support the overall industry growth. The growing demand for commercial and defense aircrafts with a higher backlog on the supply side of the product will enhance opportunities for the component manufacturers.
Factors such as lower processing time, decreased cycle time, and reduced processing cost have positively influenced the aerospace control surface market growth. Rising outsourcing trends in the aerospace sector, offering service readiness, and decreasing the overall cost of the product would further enhance the business growth.
The Russian invasion of Ukraine and the subsequent sanctions imposed upon the country have posed several challenges to the aviation industry, resulting in cancellation or rerouting of flights, increased air ticket prices, higher fuel costs, and issues with titanium sourcing, among other issues.
The aerospace control surface market can be segmented in terms of commercial, general aviation, and military aircrafts. Increasing flight affordability has fueled passenger density, supporting the product demand. In addition, rising passenger traffic owing to growth in tourism and travel will enhance the aerospace control surface industry outlook from commercial aircraft segment.
Consistent growth in the defense budget for sufficing the mounting demand for military aircraft will further boost the market growth. As per credible sources, the U.S. Department of Defense (DoD) announced increasing its budget to $797 billion in fiscal 2023 from $728 billion in 2022, excluding supplemental funding to Ukraine and other appropriations, such as military construction, providing visibility and stability to the wide spectrum of U.S.-based defense contractors.
The aerospace control surface market can be segmented based on the surface as primary and secondary. The primary control surface is designed to provide adequate responsiveness to control inputs allowing the natural balancing of aircraft. The secondary control surface complements the primary system ensuring superior aircraft control, which includes wing flaps, spoilers, leading edge devices, and trim designs.
Based on product, the market is segmented as a rudder, ailerons, slats, elevators, spoilers, and flaps. Spoilers, found on fixed-wing aircrafts, are deployed to reduce lift and increase aircraft drag. These are used during landing to control the descent rate and improve braking effectiveness.
North America aerospace control surface market is expected to showcase considerable growth due to the presence of key manufacturers in the region. Advancements in technology with the implementation of lightweight composites allowing improved aircraft efficiency will support the overall industry demand.
Asia Pacific aerospace control surface industry share will grow rapidly due to increasing commercial and defense aircraft demand. Increasing MRO activities and favorable FDI in the region will augment product growth. MEA will witness significant growth during the forecast timeframe. Favorable trade policies in the region and increasing tourism, particularly in UAE and Saudi Arabia, will support the business demand.
Industry players operating in Aerospace Control Surface Market include Spirit AeroSystems, Aernnova, GKN Aerospace, Patria, and Boeing. Some other business players include Triumph Group, Harbin Hafei Airbus Composite Manufacturing Centre, FACC, and Strata Manufacturing PJSC. The manufacturers are focusing on the recycling issues of the material and composites, optimum production process, and new product development using composites and lightweight materials, which is further anticipated to support the business demand.