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Aircraft Winglets Market Share

Report ID: GMI12308
Published Date: Nov 2024
Report Format: PDF

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Aircraft Winglets Market Share

Aviation Partners Inc. develops advanced winglet technology, including the blended winglet, which enhances fuel efficiency and reduces drag for various commercial and business aircraft. Aviation Partners Boeing offers winglet solutions integrated into Boeing aircraft, focusing on improving performance and operational efficiency for airline operators. Kaman Corporation produces the Kaman winglet, primarily used on business jets, contributing to fuel savings and improved aerodynamic performance. These companies drive technological advancements in winglet design and provide solutions supporting the aviation industry's focus on fuel efficiency and environmental sustainability.

Aircraft Winglets Market Companies

Major players operating in the aircraft winglets industry are:

Aviation Partners Boeing
Aviation Partners, Inc.
BLR Aerospace
Daher
FACC AG
GKN Aerospace
HYUNE AERO-SPECIALTY INC
Kaman Corporation
Korean Air’s Aerospace Division
RUAG Aerostructures
Tamarack Aerospace Group, Inc.
Winglet Technology, LLC

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for aircraft winglets was valued at USD 2.8 billion in 2024 and is projected to reach USD 6.1 billion by 2034, driven by a CAGR of 8.2% from 2025 to 2034.

In 2024, the line fit segment accounted for the largest market share with 69.2%, driven by the integration of winglets during the aircraft manufacturing process.

North America market is expected to exceed USD 2.5 billion by 2034, driven by the region's focus on fuel efficiency, cost reduction, and regulatory compliance.

Major players in the industry include Aviation Partners Boeing, Aviation Partners, Inc., BLR Aerospace, Daher, FACC AG, GKN Aerospace, HYUNE AERO-SPECIALTY INC, and Kaman Corporation.