PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1797774
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1797774
Aircraft Strut Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Aircraft Strut Market was valued at USD 4.5 billion in 2024 and is estimated to grow at a CAGR of 6.3% to reach USD 8.2 billion by 2034. Market expansion is being propelled by the expanding global aircraft fleet, alongside rapid advancements in electric and hybrid aviation technologies. With rising air traffic across both passenger and cargo segments, airlines are increasingly focused on structural reliability and performance, which directly drives the demand for critical components like struts. These systems are crucial to aircraft stability and the proper functioning of landing gear assemblies. As electric and hybrid aircraft platforms evolve, manufacturers are prioritizing lightweight, durable, and high-strength materials to meet new configuration demands. Changes in center of gravity, propulsion design, and load-bearing requirements are influencing the need for reengineered landing gear support systems.
These trends are fueling the development of next-generation struts using advanced composites and embedded systems to support higher performance, weight reduction, and operational efficiency in cleaner aviation ecosystems. As the aerospace industry pivots toward more sustainable and energy-efficient platforms, there's a growing demand for structural components that offer both mechanical strength and reduced environmental impact. Advanced struts are now being engineered with smart materials that not only lower overall aircraft weight but also integrate real-time health monitoring systems to detect stress, fatigue, and structural integrity issues during flight. These intelligent systems help reduce unplanned maintenance, extend component life, and improve flight safety. Additionally, the use of lightweight composites enhances fuel efficiency and enables compliance with increasingly strict global emission regulations.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $4.5 Billion |
| Forecast Value | $8.2 Billion |
| CAGR | 6.3% |
The private aviation segment is projected to reach USD 941 million by 2034. Rising demand for business jets and increased ownership by affluent individuals are playing a key role in this growth. These aircraft require structural components that not only meet high standards of performance and reliability but also align with aesthetic and comfort expectations of luxury aviation. Private aircraft struts are designed for quieter operations, smoother landings, and low-maintenance functionality. This segment is increasingly leaning toward bespoke, lightweight, and compact designs that provide a balance between form and function. To remain competitive, suppliers must focus on delivering highly customizable struts and offer robust aftermarket support. Establishing strategic collaborations with manufacturers of private aircraft and enhancing service capabilities can help suppliers build long-term customer relationships and establish themselves in this high-value niche.
The front wheel strut segment held a 21.5% share in 2024, driven by the expanding use of regional and single-aisle aircraft. Nose gear struts are a vital part of aircraft design and are being reengineered to support lightweight construction and enhanced shock absorption. As narrow-body fleets continue to dominate short-haul and mid-range routes, demand for high-performance front wheel struts has increased significantly. In addition, the emergence of electric taxiing systems is transforming nose gear design by introducing the need for embedded electronic controls and energy-efficient load handling. These developments are pushing manufacturers to engineer struts that are not only more compact but also electronically responsive. By aligning their R&D efforts with the requirements of next-generation narrow-body aircraft, suppliers can capture a greater share of the commercial aviation upgrade cycle and address the growing operational efficiency needs of airlines.
United States Aircraft Strut Market was valued at USD 1.5 billion in 2024. North America continues to lead in terms of both military and commercial aviation demand, with the U.S. at the forefront due to its substantial investments in defense and fleet modernization. The country is actively expanding its aircraft inventory, prompting increased demand for dependable and long-lasting strut systems. The market outlook is further supported by the country's emphasis on advanced aerospace technologies and its large base of OEMs and Tier-1 suppliers. Strut manufacturers looking to strengthen their footprint in the U.S. should prioritize alignment with government procurement efforts and next-generation aircraft platforms.
Major players in the Global Aircraft Strut Industry include Triumph, Liebherr Aerospace, CIRCOR International, Collins Aerospace, and SAFRAN. These companies are playing a vital role in shaping innovation, engineering excellence, and structural integrity within the aviation sector. To expand their market presence, key players in the aircraft strut industry are implementing a variety of strategic initiatives. A major focus is being placed on R&D investments to develop lighter, stronger, and smarter strut systems that cater to the changing needs of both commercial and defense aviation. Companies are also entering into long-term contracts with aircraft OEMs to ensure a consistent demand pipeline. Strengthening global supply chains and setting up regional service centers is helping them deliver timely aftermarket support.
Table of Contents
Chapter 1 Methodology
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Data mining sources
- 1.3.1 Global
- 1.3.2 Regional/Country
- 1.4 Base estimates and calculations
- 1.4.1 Base year calculation
- 1.4.2 Key trends for market estimation
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.6 Forecast model
- 1.7 Research assumptions and limitations
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2034
- 2.2 Key market trends
- 2.2.1 Aircraft type trends
- 2.2.2 Propulsion type trends
- 2.2.3 Seating capacity trends
- 2.2.4 Application trends
- 2.2.5 Regional
- 2.3 TAM Analysis, 2025-2034
- 2.4 CXO perspectives: Strategic imperatives
- 2.4.1 Executive decision points
- 2.4.2 Critical success factors
- 2.5 Future outlook and strategic recommendations
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Supplier landscape
- 3.1.2 Profit margin analysis
- 3.1.3 Cost structure
- 3.1.4 Value addition at each stage
- 3.1.5 Factor affecting the value chain
- 3.1.6 Disruptions
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Increasing global aircraft fleet
- 3.2.1.2 Growing emphasis on fuel efficiency and structural integrity
- 3.2.1.3 Expansion of military aviation programs
- 3.2.1.4 Increase in aircraft MRO
- 3.2.1.5 Development of electric and hybrid aircraft
- 3.2.2 Industry pitfalls and challenges
- 3.2.2.1 High costs associated with advanced strut technologies
- 3.2.2.2 Dependence on OEM aircraft production cycles
- 3.2.3 Market opportunities
- 3.2.3.1 Rising demand for lightweight and composite struts
- 3.2.3.2 Expansion of urban air mobility (UAM) and eVTOL programs
- 3.2.3.3 Growth in aftermarket services and retrofits
- 3.2.3.4 Integration of smart sensors and health monitoring in struts
- 3.2.1 Growth drivers
- 3.3 Growth potential analysis
- 3.4 Regulatory landscape
- 3.4.1 North America
- 3.4.2 Europe
- 3.4.3 Asia Pacific
- 3.4.4 Latin America
- 3.4.5 Middle East & Africa
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
- 3.7 Technology and Innovation landscape
- 3.7.1 Current technological trends
- 3.7.2 Emerging technologies
- 3.8 Price trends
- 3.8.1 By region
- 3.8.2 By product
- 3.9 Pricing strategies
- 3.10 Emerging business models
- 3.11 Compliance requirements
- 3.12 Defense budget analysis
- 3.13 Global defense spending trends
- 3.14 Regional defense budget allocation
- 3.14.1 North America
- 3.14.2 Europe
- 3.14.3 Asia Pacific
- 3.14.4 Middle East and Africa
- 3.14.5 Latin America
- 3.15 Key defense modernization programs
- 3.16 Budget forecast (2025-2034)
- 3.16.1 Impact on industry growth
- 3.16.2 Defense budgets by country
- 3.16.3 Defense budget allocation by segment
- 3.16.3.1 Personnel
- 3.16.3.2 Operations and maintenance
- 3.16.3.3 Procurement
- 3.16.3.4 Research, development, test and evaluation
- 3.16.3.5 Infrastructure and construction
- 3.16.3.6 Technology and innovation
- 3.17 Supply chain resilience
- 3.18 Geopolitical analysis
- 3.19 Workforce analysis
- 3.20 Digital transformation
- 3.21 Mergers, acquisitions, and strategic partnerships landscape
- 3.22 Risk assessment and management
- 3.23 Major contract awards (2021-2024)
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.2.1 By region
- 4.2.1.1 North America
- 4.2.1.2 Europe
- 4.2.1.3 Asia Pacific
- 4.2.1.4 Latin America
- 4.2.1.5 Middle East & Africa
- 4.2.1 By region
- 4.3 Competitive benchmarking of key players
- 4.3.1 Financial performance comparison
- 4.3.1.1 Revenue
- 4.3.1.2 Profit margin
- 4.3.1.3 R&D
- 4.3.2 Product portfolio comparison
- 4.3.2.1 Product range breadth
- 4.3.2.2 Technology
- 4.3.2.3 Innovation
- 4.3.3 Geographic presence comparison
- 4.3.3.1 Global footprint analysis
- 4.3.3.2 Service network coverage
- 4.3.3.3 Market penetration by region
- 4.3.4 Competitive positioning matrix
- 4.3.4.1 Leaders
- 4.3.4.2 Challengers
- 4.3.4.3 Followers
- 4.3.4.4 Niche players
- 4.3.5 Strategic outlook matrix
- 4.3.1 Financial performance comparison
- 4.4 Key developments, 2021-2024
- 4.4.1 Mergers and acquisitions
- 4.4.2 Partnerships and collaborations
- 4.4.3 Technological advancements
- 4.4.4 Expansion and investment strategies
- 4.4.5 Sustainability initiatives
- 4.4.6 Digital transformation initiatives
- 4.5 Emerging/ startup competitors landscape
Chapter 5 Market Estimates and Forecast, By Strut Type, 2021 - 2034 (USD Million & Thousand Units)
- 5.1 Key trends
- 5.2 Landing gear struts
- 5.2.1 Nose landing gear struts
- 5.2.2 Main landing gear struts
- 5.3 Wing struts
- 5.4 Fuselage struts
- 5.5 Engine struts
- 5.6 Cabin struts
Chapter 6 Market Estimates and Forecast, By Material, 2021 - 2034 (USD Million & Thousand Units)
- 6.1 Key trends
- 6.2 Steel alloys
- 6.3 Aluminum alloys
- 6.4 Titanium alloys
- 6.5 Composites
- 6.5.1 Carbon fiber composites
- 6.5.2 Glass fiber composites
- 6.5.3 Hybrid composites
- 6.6 Other materials
Chapter 7 Market Estimates and Forecast, By Product Type, 2021 - 2034 (USD Million & Thousand Units)
- 7.1 Key trends
- 7.2 Rigid aircraft struts
- 7.3 Spring steel aircraft struts
- 7.4 Shock struts
- 7.5 Bungee cords
Chapter 8 Market Estimates and Forecast, By Position, 2021 - 2034 (USD Million & Thousand Units)
- 8.1 Key trends
- 8.2 Front wheels
- 8.3 Rear wheels
- 8.4 Others
Chapter 9 Market Estimates and Forecast, By Mechanism, 2021 - 2034 (USD Million & Thousand Units)
- 9.1 Key trends
- 9.2 Hydraulic struts
- 9.3 Pneumatic struts
- 9.4 Mechanical struts
- 9.5 Others
Chapter 10 Market Estimates and Forecast, By End Use, 2021 - 2034 (USD Million & Thousand Units)
- 10.1 Key trends
- 10.2.1 Commercial aviation
- 10.2.1 Passenger aircraft
- 10.2.2 Cargo aircraft
- 10.2.3 Others
- 10.3 Military aviation
- 10.4 Private aviation
Chapter 11 Market Estimates & Forecast, By Region, 2021 - 2034 (USD Million & Thousand Units)
- 11.1 Key trends
- 11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Netherlands
- 11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 Australia
- 11.4.5 South Korea
- 11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
- 11.6 MEA
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE
Chapter 12 Company Profiles
- 12.1 Global Key Players
- 12.1.1 Collins Aerospace
- 12.1.2 SAFRAN
- 12.1.3 Spirit AeroSystems
- 12.1.4 Liebherr Aerospace
- 12.2 Regional Key Players
- 12.2.1 North America
- 12.2.1.1 AvtechTyee
- 12.2.1.2 CIRCOR International
- 12.2.1.3 Orscheln Products
- 12.2.1.4 Triumph
- 12.2.2 Europe
- 12.2.2.1 Epsilon Composite
- 12.2.2.2 Oleo International
- 12.2.2.3 Timetooth Technologies
- 12.2.3 Asia Pacific
- 12.2.3.1 Sumitomo Corporation
- 12.2.4 Latin America
- 12.2.4.1 Embraer
- 12.2.1 North America
- 12.3 Disruptors/Niche players
- 12.3.1 Heroux-Devtek
- 12.3.2 Albany International
- 12.3.3 Hartwell Corporation
- 12.3.4 Park Aerospace
