PUNE, India, Oct. 10, 2022 (GLOBE NEWSWIRE) — The global Aircraft wings market The size is projected to reach $20.35 billion by 2028, at a CAGR of 8.98% over the forecast period. This information is shared by Fortune Business Insights in its report titled “Aero Wing Market, 2021-2028”. According to the report, the market value was estimated at $12.52 billion in 2020.
List of the leading companies profiled in the global Aero Wing market are:
- Sonaca Group (Belgium)
- Triumph Group (US)
- GKN Aerospace Services Limited (UK)
- Airbus UK (United Kingdom)
- Spirit AeroSystems, Inc. (USA)
- Mitsubishi Heavy Industries (Japan)
- AVIC XCAC (China)
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Scope and segmentation of the report:
| report coverage | details |
| forecast period | 2021-2028 |
| Forecast CAGR | 8.98% |
| Value prognosis 2028 | $20.35 billion |
| base year | 2020 |
| Historical data | 2017-2019 |
| number of pages | 200 |
| Covered Segments | By design, platform, material |
| Aero Wing Market Growth Drivers | Introduction of innovative flight solutions by start-ups to fuel the market |
Effects of the Russia-Ukraine War
Economic sanctions imposed on the Russian Federation by the US and its allies have had a negative impact on the industry
The economic sanctions imposed by the US and its allies on the Russian Federation are likely to hamper the growth of this industry. In addition, the war negatively impacted global industries, causing disruptions in the flow of imports and exports. The dominance of Russia and Roscosmos, a quasi-civilian space agency in the commercial space, impacted alternative launch service providers in Japan, India, Europe and the US. These factors adversely affected the market during the war.
Browse the detailed research report summary with table of contents:
https://www.fortunebusinessinsights.com/aero-wing-market-105074
Important market segments
Based on the platform, the market has been segmented into commercial and military segments. The market was separated according to type…
