Aircraft Struts and Rods Market Share Landscape Shaped by Gradual Aerospace Consolidation

Market Overview and Growth Outlook

The Aircraft Struts and Rods Market was valued at USD 1.7 billion in 2024 and is projected to reach USD 2.5 billion by 2034.

The Aircraft Struts and Rods Market is expected to grow at a CAGR of 3.7% during 2025–2034.

The top 10 countries accounted for more than 80% of global demand in 2024, representing more than USD 1.3 billion.

Based on the source's stated 50%–70% market share for the top 10 companies, their combined 2024 demand equates to approximately USD 0.85 billion to USD 1.19 billion.

The Aircraft Struts and Rods Market share landscape is influenced by price, service offerings, regional presence, structural expertise, aerospace program access, and manufacturing capability.

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Market Segmentation Analysis

Narrow-Body Aircraft remain dominant by Aircraft Type.

Struts remain the leading Product Type.

Telescopic Struts and Rods lead by Mechanism Type.

Metal Struts and Rods remain dominant by Material Type, while Composite Struts and Rods grow fastest.

Landing Gear remains the leading Application Type.

OE remains dominant by End-User Type.

Regional Market Insights

North America is expected to maintain market leadership.

The USA remains a major aircraft manufacturing hub.

Asia-Pacific is expected to grow fastest because of commercial aircraft demand in China and India, new assembly facilities, and increasing indigenous aircraft development.

Emerging Trends Shaping the Aircraft Struts and Rods Market

The market has experienced gradual consolidation through strategic acquisitions.

In August 2021, Groupe Latécoère acquired Technical Airborne Components, a European designer and manufacturer of aerospace rods and struts.

Precision Castparts Corp. previously acquired SKF Aerospace St-Vallier Rods Division (Kalistrut Aerospace) in 2013 and SPS Technologies (Avibank) in 2003.

TransDigm Group also acquired businesses including Aviation Technologies Inc. (Avtech Tyee), McKechnie Aerospace Holdings Inc. (Hartwell), and MarathonNorco.

Key Growth Drivers of the Market

• Strategic consolidation: Acquisitions expand technical capability and program access.

• Aircraft-program exposure: Positions on major programs support long-term demand.

• Structural expertise: Specialized engineering capability creates supplier differentiation.

• Regional presence: Local production and customer support strengthen competitiveness.

• Material capability: Expertise in both metallic and composite components broadens market opportunities.

Competitive Landscape

Top Companies in the Market

Albany International
Collins Aerospace
Groupe Latécoère
Heroux-Devtek Inc.
Liebherr
Precision Castparts Corp.
Safran S.A.
Spirit AeroSystems, Inc.
TransDigm Group
Triumph Group, Inc.

Conclusion and Strategic Outlook

The Aircraft Struts and Rods Market is projected to grow from USD 1.7 billion in 2024 to USD 2.5 billion by 2034, supported by a 3.7% CAGR during 2025–2034.

Future competitive positioning will increasingly depend on aircraft-program access, lightweight materials, composite capability, structural engineering expertise, regional presence, and strategic consolidation.

FAQs – Aircraft Struts and Rods Market

1. What are the current and forecast market values?

The market was valued at USD 1.7 billion in 2024 and is projected to reach USD 2.5 billion by 2034.

2. What CAGR is expected through 2034?

The market is expected to grow at 3.7% CAGR during 2025–2034.

3. What share did the top 10 countries represent in 2024?

The top 10 countries represented more than 80% of global demand, equivalent to more than USD 1.3 billion.

4. How large was the top 10 company opportunity in 2024?

Based on the source's stated 50%–70% share, the top 10 companies represented approximately USD 0.85 billion to USD 1.19 billion of demand.

5. Which companies are active in the market?

Key players include Albany International, Collins Aerospace, Groupe Latécoère, Heroux-Devtek Inc., Liebherr, Precision Castparts Corp., Safran S.A., Spirit AeroSystems, Inc., TransDigm Group, and Triumph Group, Inc.