Market Share of Asia Pacific Commercial Aircraft Aerostructures Industry
The market is moderately fragmented and features several local players in addition to global technology providers. Some of the key players in the market are The Boeing Company, Lockheed Martin Corporation, Commercial Aircraft Corporation of China (COMAC), Airbus SE, and TATA Advanced Systems Ltd. These key players are focusing on introducing advanced technologies to reduce weight, improve reliability, and enhance the performance of aerostructures. Moreover, they aim to expand their businesses through contracts, partnerships, and new product launches.
For example, in August 2022, Kaiser Aluminum signed a long-term contract with Boeing to supply sheet and light gauge aluminum plates for use in Boeing's commercial aircraft products.
Asia Pacific Commercial Aircraft Aerostructures Market Leaders
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The Boeing Company
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Airbus SE
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Lockheed Martin Corporation
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Commercial Aircraft Corporation of China (COMAC)
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TATA Advanced Systems Ltd.
*Disclaimer: Major Players sorted in no particular order
