The aircraft control surfaces market experienced an excellent growth rate till 2018; however, in 2019, the market experienced a slight decline mainly due to B737 Max grounding across regions, putting a halt to the industry's rapid growth. The sudden outbreak of the Covid-19 pandemic exacerbated industry challenges, resulting in a sharp plunge of -31.5% in the aircraft control surfaces market in 2020. Despite such a graver situation faced by the industry, it gradually heads towards the path of healing, a similar impact is likely to be felt in the market for aircraft control surfaces, which is likely to experience a promising CAGR of 8.4% during 2021-2026 to reach a 5-billion-mark by 2026.
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