How big is the Aircraft Control Surfaces Market?

The Aircraft Control Surfaces Market size is expected to reach USD 3.67 billion in 2024 and grow at a CAGR of 6.53% to reach USD 5.03 billion by 2029. Read More

What is the current Aircraft Control Surfaces Market size?

In 2024, the Aircraft Control Surfaces Market size is expected to reach USD 3.67 billion. Read More

Who are the key players in Aircraft Control Surfaces Market?

Triumph Group, Inc., Magellan Aerospace Corporation, Strata Manufacturing PJSC, The Boeing Company and Airbus SE are the major companies operating in the Aircraft Control Surfaces Market. Read More

Which is the fastest growing region in Aircraft Control Surfaces Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Aircraft Control Surfaces Market?

In 2024, the North America accounts for the largest market share in Aircraft Control Surfaces Market. Read More

What years does this Aircraft Control Surfaces Market cover, and what was the market size in 2023?

In 2023, the Aircraft Control Surfaces Market size was estimated at USD 3.43 billion. The report covers the Aircraft Control Surfaces Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aircraft Control Surfaces Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Aircraft Control Surfaces Market Size & Share Analysis - Industry Research Report

Aircraft Control Surfaces Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Aircraft Control Surfaces Market is Segmented by Type (Primary Flight Control Surfaces, Secondary Flight Control Surfaces), End-User (Commercial Aircraft, Military Aircraft, General Aviation Aircraft), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Aircraft Control Surfaces Industry Overview

The aircraft control surfaces market is semi-consolidated due to the long-term associations of market players with aircraft OEMs for specific aircraft models. Triumph Group, Inc., Magellan Aerospace Corporation, Strata Manufacturing PJSC, The Boeing Company, and Airbus SE are some of the prominent players in the market.

Aircraft manufacturers are welcoming innovations in control surface technologies that weigh less, reduce drag, and increase fuel savings to increase their profitability on the whole. Hence, newer types of control surfaces with different materials and slight design changes are expected to be launched in the years to come.

Initiatives like the focused factory initiative from Boeing, which aims at lowering manufacturing costs, improving quality, and increasing delivery efficiencies, are helping the players gain new contracts. For instance, in June 2023, Joby Aviation, Inc. and GKN Aerospace entered a multi-year agreement for the supply of thermoplastic flight control surfaces for Joby aircraft. The flight control surfaces will be comprised of a lightweight thermoplastic structure assembly manufactured using an advanced out-of-autoclave production method. This cutting-edge manufacturing process will enable high-rate production while delivering on the high-performance requirements of Joby's aircraft.

Similarly, in January 2023, DARPA awarded The Boeing Company a contract to build a full-scale demonstration aircraft for the experimental Control of Revolutionary Aircraft with Novel Effectors (CRANE) project. The X-plane relies on active flow control (AFC), or the use of strategically placed actuators and effectors to alter the flow of air on the aircraft's surface to alter aerodynamic performance. These mechanisms replace traditional rudders, ailerons, and flaps. They also reduce drag and weight, generate lift at a high angle of attack, and allow for a change in the thickness of the structure.