Europe Aircraft Brackets Market Forecast to 2031 - Regional Analysis by Aircraft Type (Commercial Aircraft, General Aviation, Military Aircraft, and Helicopter), Application (Aircraft Fuselage, Aircraft Wings, Aircraft Control Surfaces, Engine, and Others

The Europe aircraft brackets market was valued at US$ 77.14 million in 2023 and is expected to reach US$ 113.68 million by 2031; it is projected to record a CAGR of 5.0% from 2023 to 2031.

Rising Deliveries of General Aviation Aircraft and Helicopters Drive Europe Aircraft Brackets Market

The orders for general aviation aircraft and helicopters from airlines in 2022 and 2023 increased across the globe. As per the General Aviation Manufacturers Association (GAMA) data, 3,050 airplanes and 962 helicopters were delivered in 2023, with a of 9% and 9.8%, respectively, compared to 2022. In addition, the increase in backlogs for all segments of general aviation aircraft and helicopters is expected to further surge deliveries from 2023 to 2031. As per the data from GAMA, the number of deliveries of different types of general aviation aircraft and helicopters from 2021 to 2023 is shown in the figure below.

Hence, as per the data from GAMA, the deliveries of airplanes and helicopters have increased from 2021 to 2023, resulting in a rise in demand for aircraft brackets in applications such as wings assembly, engine mounts, fuel tanks, electrical wire installation, and landing gears.

Europe Aircraft Brackets Market Overview

The aircraft brackets market in Europe is segmented into Germany, Italy, Russia, France, the UK, and the Rest of Europe. With more than 20,000 flights per day and ~500 million passengers per year, Europe is considered the busiest airspace in the world. In addition, defense and commercial aviation sectors in Europe are inclining toward advanced aircraft technologies. Strong economic conditions and increased initiatives by European governments to ensure aviation sector growth are the main factors driving the aircraft brackets market in Europe. Countries such as France, Germany, and the UK are the leading countries in Europe with a high number of aircraft and airports. Germany and France are major exporters of advanced aircraft technologies and are leaders in the aircraft brackets market in the region.

Europe Aircraft Brackets Market Revenue and Forecast to 2031 (US$ Million)

Europe Aircraft Brackets Market Segmentation

The Europe aircraft brackets market is categorized into aircraft type, application, material, end use, and country.

Based on aircraft type, the Europe aircraft brackets market is segmented into commercial aircraft, general aviation, military aircraft, and helicopter. The commercial aircraft segment held the largest market share in 2023.

By application, the Europe aircraft brackets market is segmented into aircraft fuselage, aircraft wings, aircraft control surfaces, engine, and others. The aircraft fuselage segment held the largest market share in 2023.

In the terms of material, the Europe aircraft brackets market is segmented into aluminum, steel, and others. The aluminum segment held the largest market share in 2023.

By end use, the Europe aircraft brackets market is bifurcated into OEMs and aftermarket. The OEMs segment held a larger market share in 2023.

By country, the Europe aircraft brackets market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe aircraft brackets market share in 2023.

Arconic Corp; Avantus Aerospace, Inc.; Godrej & Boyce Manufacturing Co Ltd; Hexagon AB; Hutchinson SA; Precision Castparts Corp.; Premium Aerotec GmbH; RTP Company; SEKISUI Aerospace; Singapore Technologies Engineering Ltd; Legend Aerospace; Spirit AeroSystems Holdings Inc.; and Triumph Group Inc are some of the leading companies operating in the Europe aircraft brackets market.

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