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The global nanotechnology market size for the aerospace industry was worth USD 5 billion in 2021 and is forecast to rise to more than USD 7 billion by 2028. This represents a compound annual growth rate (CAGR) of 4% from 2022-2028.
The largest share of the global aerospace nanotechnology market is currently in the North America region, followed by Europe and then Asia-Pacific. There are a number of suppliers operating and new product being launched that include aircraft parts, fuselage structure, aero engine parts and aircraft electronic communication systems. Some of the leading players in the market are Airbus, Glonatech, Flight Shield, Lockheed Martin, Lufthansa Technik, triple Performance Solution, Zyvex Technologies, CHOOSE NanoTech, General Nano, HR TOUGHGUARD and Metamaterial Technologies.1
The COVID-19 pandemic resulted in an impact on production and demand leading to a disruption in supply chain and financial impacts on corporations.
Anti-microbial nanocoatings for the automotive industry within Europe has seen an increasing demand for passenger and luxury vehicles.2 The leading players in in the market are P2i Ltd, BioGate AG, Telsa Nanocoatings, Cleancorp, Inframat Corporation and Admat Innovations.
1 Market Reports World. (2022). Aerospace nanotechnology market size 2022 global growth, opportunities, trends, share, regional overview, leading company analysis, and key country forecast to 2028. Available at: https://www.thecowboychannel.com/story/46201359/aerospace-nanotechnology-market-size-2022-global-growth-opportunities-trends-share-regional-overview-leading-company-analysis-and-key-country
2 Allied Market Research. (2022). Aerospace nanotechnology market by type (nano devices, and nano sensors), application (space & defense, and commercial aviation), and material (nanostructured material, carbon nanotubes, fullerenes, and others): Global opportunity analysis and industry forecast, 2021–2030. Available at: https://www.alliedmarketresearch.com/aerospace-nanotechnology-market-A13456