Aerospace Lightweight Material Market by Material Type (Titanium Alloy, Steel Alloy, Aluminium Alloy, Composite, Super Alloy, Others), Platform (Commercial Aviation, Military Aviation, Business & General Aviation), Application (Exterior, Interior), End Use (Commercial, Defense) and Region - Global forecast to 2025
The study involved four major activities in estimating the current market size for the aerospace lightweight material market. Exhaustive secondary research was undertaken to collect information on the market, the peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, and Association for Unmanned Vehicle Systems International (AUVSI) were referred to, to identify and collect information for this study. Secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.
Primary Research
The aerospace lightweight material market comprises several stakeholders, such as raw material suppliers, processors, and regulatory organizations in the supply chain. Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the aerospace lightweight material market.
The research methodology that was used to estimate the size of the aerospace lightweight material market included the following details:
- Key players in the aerospace lightweight material market were identified through secondary research, and their market shares were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and were verified through primary sources.
- All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data on the aerospace lightweight material market.
Data Triangulation
After arriving at the overall size of the aerospace lightweight material market through the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were implemented, wherever applicable to complete the overall market engineering process and to arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from both, demand and supply sides. Along with this, the market size was validated using both, top-down and bottom-up approaches.
Objectives of the Report
- To define, describe, and forecast the size of the aerospace lightweight material market based on application, mode of operation, range, propulsion system and region
- To forecast the size of the market and its segments with respect to 5 major regions, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World, along with their respective key countries
- To identify and analyze key drivers, opportunities, and challenges influencing the growth of aerospace lightweight material market
- To identify industry trends, market trends, and technology trends currently prevailing in the aerospace lightweight material market
- To strategically analyze micromarkets with respect to individual technological trends and their contribution to the aerospace lightweight material market
- To strategically profile key market players and comprehensively analyze their market share and core competencies
- To track and analyze competitive developments such as contracts and new product launches in the aerospace lightweight material market
- To analyze the degree of competition in the market by mapping the contracts received and products and services offered by key market players
- To identify detailed financial positions, key products, and unique selling points of leading companies in the market
Want to explore hidden markets that can drive new revenue in Aerospace Lightweight Material Market?
Scope of the Report
Want to explore hidden markets that can drive new revenue in Aerospace Lightweight Material Market?
Report Metric |
Details |
Market size available for years |
2018–2025 |
Base year considered |
2019 |
Forecast period |
2020–2025 |
Forecast units |
Value (USD) |
Segments covered |
By Material Type, Aircraft Type, Application, End Use, and Region |
Geographies covered |
North America, Europe, Asia Pacific, the Middle East, and Rest of the world |
Companies covered |
BASF (Germany), Alcoa (US), DuPont (US), TEIJIN LIMITED (Japan), Cytec Industries (US), Toray Industries (Japan), ATI Metals (US), Toray Industries (Japan), Constellium (France), Kobe Steel Limited (Japan), Aleris Corporation (US), Hexcel Corporation (US), among others. |
This research report categorizes the aerospace lightweight material market into the following segments and subsegments:
On the basis of type, the aerospace lightweight material market is segmented as follows:
- Titanium Alloy
- Steel Alloy
- Aluminium Alloy
- Composite
- Super Alloy
- Others
On the basis of platform, the aerospace lightweight material market is segmented as follows:
- Commercial Aviation
- Narrow Body Aircraft (NBA)
- Wide Body Aircraft (WBA)
- Regional Transport Aircraft (RTA)
- Military Aviation
- Fighter Jets
- Multi-Mission Aircraft
- Military Helicopters
- Unmanned Aerial Vehicles
- Business & General Aviation
- Light Aircraft
- Business Jets
- Helicopters
- Passenger Aerial Vehicles (PAVs)
On the basis of application, the aerospace lightweight material market is segmented as follows:
- Exterior
- Fuselage
- Engine
- Wing
- Rotor Blade
- Tail Boom
- Hull
- Weapons Carriage and Release
- Interior
- Cabin
- Sandwich Panel
- Deck
On the basis of End Use, the aerospace lightweight material market is segmented as follows:
- Commercial
- Defense
On the basis of region, the aerospace lightweight material market is segmented as follows:
- North America
- Europe
- Asia Pacific
- Middle East
- Rest of the World
Available Customizations:
Along with the market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
- Country-level analysis
- Market sizing and forecast for additional countries
- Additional company profiles (up to 5)
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Growth opportunities and latent adjacency in Aerospace Lightweight Material Market