The global fuselage body market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The presence of major players coupled with government support is anticipated to drive the growth of the market. For instance, Tata Boeing Aerospace Ltd. had announced the delivery of the AH-64 Apache Combat helicopter fuselage from its state-of-the-art facility in Hyderabad. The facility is spread over 14,000 Square meters and will be employed 350 highly skilled workers at full production. Moreover, this facility was inaugurated by the Minister of Defence under the theme “Atmanirbhar Bharat”. Moreover, the director and CEO, of Tata Advanced System, stated, that this partnership reflects a continued commitment to developing the aerospace and defense manufacturing ecosystem in India. Further, in July 2021, the Tata Boeing Aerospace Ltd. delivered the 100th fuselage for the AH-64 Apache combat helicopter to Boeing. The fuselage will be transported to the AH-64 Apache manufacturing facility in Mesa, AZ, for integration into the final assembly line. Thus, such infrastructure facilities coupled with major players in the market are anticipated to fuel the demand for the global fuselage body market.
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Further, in February 2020, the Boeing Australia Team completed major fuselage structural assembly for the first Loyal wingman. The aircraft is one of three prototypes that will be developed as a part of the Loyal Wingman Advanced Development Program in Partnership with the Royal Australian Air Force (RAAF). The Australian team has applied advanced composite materials and digital engineering to achieve cost and agility goals for the 38-foot aircraft, which is designed to use artificial intelligence in teaming with other manned and unmanned platforms. As per Boeing, the next major milestone is anticipated to be on weight on wheels, when the fuselage structure moves from the assembly jig to the aircraft’s landing gear to continue system installation and functional testing. Thus, such strategic partnerships toward the development of fuselages are anticipated to fuel the demand for the global fuselage body market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Kawasaki Heavy Industries Ltd., Spirit Airlines Inc and Chengdu Aircraft Industry Group among others
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Fuselage Body Market Report by Segment
By Type
- Tuss Structure
- Geodesic Structure
- Monocoque Structure
- Semi Monocoque
By Application
- Military
- Civil
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