Product Code: ETC4499845 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India aerospace composites market has experienced growth in parallel with the expansion of the aerospace sector. Composite materials are extensively used in aircraft components due to their lightweight and high-strength characteristics. India push for aerospace self-reliance and advancements in technology have contributed to market growth.
The India aerospace composites market is experiencing robust growth due to the increasing use of composites in aircraft manufacturing. Composites offer weight savings, improved fuel efficiency, and enhanced durability in aerospace applications. The growth of the civil aviation sector, defense modernization, and the pursuit of energy-efficient aircraft contribute to the demand for aerospace composites.
The India Aerospace Composites market faces a range of challenges, particularly due to the stringent requirements of the aerospace industry. High-performance standards, stringent safety regulations, and the need for lightweight materials make the development and production of aerospace composites complex and costly. The necessity for consistent quality and traceability of materials and manufacturing processes is paramount, adding to the challenge of compliance. Additionally, the limited number of certified aerospace composite manufacturers in India presents a capacity issue. The aerospace industry`s reliance on international suppliers for specialized materials and technology further complicates the supply chain and can result in delays and cost overruns. To succeed in the India aerospace composites market, companies must invest in advanced technology, quality control, regulatory compliance, and supply chain optimization.
The India aerospace composites market faced significant challenges during the COVID-19 pandemic. As international travel restrictions and lockdowns disrupted the global aerospace industry, demand for aerospace composites, including carbon fiber-reinforced materials, declined. Major aircraft manufacturers and suppliers faced production halts and order cancellations, impacting the entire supply chain. The pandemic also accelerated the adoption of cost-saving measures within the aerospace sector, affecting the procurement of high-cost composite materials. However, the market demonstrated resilience through diversification efforts. Companies in the sector explored alternative applications for aerospace composites, including in defense, space exploration, and unmanned aerial vehicles (UAVs). Additionally, the crisis emphasized the need for sustainable and fuel-efficient aircraft, positioning aerospace composites as a vital component of future aircraft design. Despite the immediate setbacks, the India aerospace composites market is poised for long-term growth as the aviation industry gradually recovers and environmental concerns drive the demand for lightweight, high-performance materials.
Major players in the India aerospace composites market include Larsen & Toubro, Mahindra Aerospace, and Godrej Aerospace. They focus on developing composite materials for use in aircraft and space-related applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aerospace Composites Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aerospace Composites Market Revenues & Volume, 2021 & 2031F |
3.3 India Aerospace Composites Market - Industry Life Cycle |
3.4 India Aerospace Composites Market - Porter's Five Forces |
3.5 India Aerospace Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 India Aerospace Composites Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.7 India Aerospace Composites Market Revenues & Volume Share, By Matrix Type, 2021 & 2031F |
3.8 India Aerospace Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 India Aerospace Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 India Aerospace Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Aerospace Composites Market Trends |
6 India Aerospace Composites Market, By Types |
6.1 India Aerospace Composites Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 India Aerospace Composites Market Revenues & Volume, By Fiber Type, 2021-2031F |
6.1.3 India Aerospace Composites Market Revenues & Volume, By Carbon Fiber Composites, 2021-2031F |
6.1.4 India Aerospace Composites Market Revenues & Volume, By Ceramic Fiber Composites, 2021-2031F |
6.1.5 India Aerospace Composites Market Revenues & Volume, By Glass Fiber Composites, 2021-2031F |
6.2 India Aerospace Composites Market, By Aircraft Type |
6.2.1 Overview and Analysis |
6.2.2 India Aerospace Composites Market Revenues & Volume, By Commercial Aircraft, 2021-2031F |
6.2.3 India Aerospace Composites Market Revenues & Volume, By Business & General Aviation, 2021-2031F |
6.2.4 India Aerospace Composites Market Revenues & Volume, By Civil Helicopter, 2021-2031F |
6.2.5 India Aerospace Composites Market Revenues & Volume, By Military Aircraft, 2021-2031F |
6.2.6 India Aerospace Composites Market Revenues & Volume, By Others , 2021-2031F |
6.3 India Aerospace Composites Market, By Matrix Type |
6.3.1 Overview and Analysis |
6.3.2 India Aerospace Composites Market Revenues & Volume, By Polymer Matrix, 2021-2031F |
6.3.3 India Aerospace Composites Market Revenues & Volume, By Ceramic Matrix, 2021-2031F |
6.3.4 India Aerospace Composites Market Revenues & Volume, By Metal Matrix, 2021-2031F |
6.4 India Aerospace Composites Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Aerospace Composites Market Revenues & Volume, By Interior, 2021-2031F |
6.4.3 India Aerospace Composites Market Revenues & Volume, By Exterior, 2021-2031F |
6.5 India Aerospace Composites Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 India Aerospace Composites Market Revenues & Volume, By AFP/ATL, 2021-2031F |
6.5.3 India Aerospace Composites Market Revenues & Volume, By Lay-up, 2021-2031F |
6.5.4 India Aerospace Composites Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.5.5 India Aerospace Composites Market Revenues & Volume, By Filament Winding, 2021-2031F |
6.5.6 India Aerospace Composites Market Revenues & Volume, By Others, 2021-2031F |
7 India Aerospace Composites Market Import-Export Trade Statistics |
7.1 India Aerospace Composites Market Export to Major Countries |
7.2 India Aerospace Composites Market Imports from Major Countries |
8 India Aerospace Composites Market Key Performance Indicators |
9 India Aerospace Composites Market - Opportunity Assessment |
9.1 India Aerospace Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 India Aerospace Composites Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.3 India Aerospace Composites Market Opportunity Assessment, By Matrix Type, 2021 & 2031F |
9.4 India Aerospace Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 India Aerospace Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 India Aerospace Composites Market - Competitive Landscape |
10.1 India Aerospace Composites Market Revenue Share, By Companies, 2024 |
10.2 India Aerospace Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |