The
global aero structure equipment market is
poised to grow by USD 306.59 million during 2020-2024, progressing at a CAGR of
over 9% during the forecast period.

The market is driven by the influence of nanocomposites in
airframe manufacturing. In addition, the implementation of composite materials
is anticipated to boost the growth of the aero structure equipment market.
The preference for and production of efficient airframe aero
structures is increasing due to the growing demand for lightweight and
fuel-efficient aircraft. The airframe is the mechanical structure of an
aircraft that includes undercarriage, fuselage, and wings. These lightweight
structures are nanocomposite-based aircraft parts. OEMs in the aviation
industry use carbon nanotube reinforced polymer (CNRP) as the composite
material to develop the airframe structure. These aircraft parts have high
multifunctional and mechanical properties. Thus, the influence of
nanocomposites in airframe manufacturing is expected to drive market growth
during the forecast period.
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Major Five Aero Structure Equipment Companies:
Ascent Aerospace LLC
Ascent Aerospace LLC operates the business under various
segments such as Tooling, Automation, and Integration. The company offers
simple semi-automatic solutions. The company also provides products for
intelligent tooling, assembly tooling, additive manufacturing, facility
tooling, and other purposes.
Broetje-Automation GmbH
Broetje-Automation GmbH offers products through the following
business units: Automated Assembly, Drilling and Fastening, Sealing, and
Software. The company offers Composite Handling System. They also provide
automated fastening and positioning solutions and customized software
solutions.
Electroimpact Inc.
Electroimpact Inc. operates under various business segments,
namely Riveters, Drilling Machines, Accurate Robot Technology, Specialty
Products, and Others. The company offers products such as Electromagnetic Dent
Remover, Boeing 767, Boeing 737, and others. They also provide different types
of drilling machines.
KUKA AG
KUKA AG offers products through the following business segments:
Systems, Robotics, Logistics Automation, Healthcare, and China. The company
offers Standardized Cells, Industrial Robots, Smart Software, and Customized
Manufacturing Cells. They also provide automation solutions and customized
solutions.
Lisi Aerospace SAS
Lisi Aerospace SAS offers products through the following
business segments: Aerospace, Automotive, and Medical. The company offers
products such as turbine cylinders, lockbolts, and latches, and expandable
bolts. They also provide safety mechanical components and metallic and plastic
assembly solutions.
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