Nanotechnology refers to structures that are smaller than 100 nanometers. This technology is proficient as it is capable of altering the way in which materials are manufactured and the functionalities involved can be augmented or retained. Aerospace nanotechnology comprises three types of nanomaterial, namely, polymer nano composites, anti-corrosion coatings, and nano structured metals. Nano structured materials are also used for developing traditional energetic materials that are used for ammunitions. Development of carbon nanotube composites in the manufacturing of airframes is likely to be one of the crucial driving factors impacting the growth of nanotechnology in aerospace over the forecast period. Increasing responsiveness toward global warming and climatic changes owing to the rise in greenhouse gases emissions is driving vendors to promote alternative ways to reduce the emission of carbon dioxide and save energy. Increasing investment on nanotechnology to adopt the ...