Global Aero Structure Equipment Market 2020-2024 | Evolving Opportunities with Ascent Aerospace LLC and Broetje-Automation GmbH | Technavio

Technavio has published a latest market research report titled Global Aero Structure Equipment Market by Automated Production System 2020-2024 (Graphic: Business Wire)

LONDON--()--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. Request free sample pages

Read the 120-page report with TOC on "Aero Structure Equipment Market Analysis Report by Automated production system (Fastening systems and Composite systems) Geographic Landscape (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024".

https://technavio.com/report/global-aero-structure-equipment-market-industry-analysis

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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Aero Structure Equipment Market: Automated production system Outlook (Revenue, USD Million, 2020-2024)

  • Fastening systems - size and forecast 2019-2024
  • Composite systems - size and forecast 2019-2024

Aero Structure Equipment Market: Geographic Landscape Outlook (Revenue, USD Million, 2020-2024)

  • APAC - size and forecast 2019-2024
  • Europe - size and forecast 2019-2024
  • MEA - size and forecast 2019-2024
  • North America - size and forecast 2019-2024
  • South America - size and forecast 2019-2024
  • Key leading countries

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Release Summary

The aero structure equipment market size has the potential to grow by USD 306.59 million during 2020-2024, according to Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com