Canada Composite Repair Market is forecasted to grow at 5.0% with factors such as rise in usage of composite repair in automotive industry in the country.
Canada composite repair market has shown an exceptional penetration in Canada due to increasing shift from conventional repair techniques towards composite repair technology in country. In country, strong distribution network including multi-brand stores and online retailers is creating opportunity for the Canada composite repair market.
Canada Composite Repair Market Scenario
According to Data Bridge Market Research, the market for composite repair in Canada has the second highest market share. Market leader is Comtek Advanced Structures Ltd (A Subsidiary of Avcorp Industries Inc.) which accounts an estimated market share of approximately 13% to 16% in the Canada composite repair market. The company has gained outstanding sale through their industrial product which is waste management solutions.
- In March 2019, Comtek Advanced Structures Ltd (A Subsidiary of Avcorp Industries Inc.) opened a new repair center in the U.K. to bring Comtek-quality repair solutions closer to operators in Europe and Middle East and Africa. The expansion has helped the company to increase revenue from European and Middle East and African region.
- In October 2017, Advanced Composite Structures Inc. expanded the Sanford, Florida facility from 10,000 square feet to 30,000 square feet. The expansion has helped the company to accommodate additional repair technicians, program directors and quality management personnel at the facility.
Trends Impacting the Market
Canada composite repair market is becoming more competitive every year with companies such as Comtek Advanced Structures Ltd (A Subsidiary of Avcorp Industries Inc.), Innovator Industrial Services and CanWest AeroSpace as they are the market leaders for composite repair. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Canada composite repair market.
For more analysis on the Canada composite repair market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=canada-composite-repair-market
Canada Composite Repair Market Development
- In March 2020, Lufthansa Technik signed a contract with Russian airlines Red Wings and SmartAvia to provide technical support and repair facility for engines. The contract is expected to help the company to increase the revenue.
Scope of the Canada Composite Repair Market
All country based analysis of Canada composite repair market is further analyzed based on further segmentation. On the basis of material, the composite repair market is segmented into carbon fiber, fiber glass, quartz, kevlar and others. On the basis of type, the market is segmented into cosmetic, resin injection, semi-structural plug/patch, structural mechanically–fastened doubler, structural bonded external doubler and structural flush repair. On the basis of industry, the market is segmented into aerospace, automotive, marine, oil and gas, chemical, petrochemical, power, water utilities and others.
To know more about the study https://www.databridgemarketresearch.com/reports/canada-composite-repair-market
Key Pointers Covered in Canada Composite Repair Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Comtek Advanced Structures Ltd. (A Subsidiary of Avcorp Industries Inc.)
- Aircraft Composite
- Innovator Industrial Services
- GA Telesis, LLC
- Advanced Composite Structures Inc.
- Lufthansa Technik
- STORK
- Dallas Aeronautical Services
- West Star Aviation, LLC
- Hydratight Limited (A Subsidiary of Actuant Corporation)
- Hong Kong Aircraft Engineering Company Limited
- CanWest AeroSpace
- AIM ALTITUDE
- SATTO
- Hexcel Corporation
Above are the key players covered in the report, to know about more and exhaustive list of composite repair companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=canada-composite-repair-market
Research Methodology: Canada Composite Repair Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Aerospace and Automotive
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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