-->
The aerospace industry experienced a hurdle in 2019, such as the grounding of B737Max across regions, which put a halt to the industry's rapid growth. The sudden outburst of the COVID-19 pandemic in 2020 further exacerbated industry challenges. The aircraft composite control surfaces market could not escape from the pandemic’s wrath suffered a debilitating loss of over 31% in 2020. That being said, the aircraft industry is on its way to healing which is quite apparent in recent events, a similar impact is likely to be felt in the market for aircraft composite control surfaces, which is likely to experience a promising CAGR of 8.7% during 2021-2026 to reach 4.1 billion by 2026.
Our Clients