Global Aircraft Fairings Market, By Aircraft Type (Commercial, Regional, Business, Military, Helicopters), System (Engine Exhaust System, APU Exhaust System), Component (Exhaust Cone, Exhaust Pipe, Exhaust Nozzle, APU Exhaust Liner), End-User (Original Equipment Manufacturer (OER), Maintenance, Repair and Operations (MRO)), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aircraft Fairings Market
The aircraft fairings market will reach at an estimated value of USD 73.40 million and grow at a CAGR of 6.00% in the forecast period of 2021 to 2028. Rise in the production of narrow-body aircrafts worldwide is an essential factor driving the aircraft fairings market.
Aircraft fairings are employed to protect underlying structures and system from adverse external environmental factors. They also contribute significantly to the aerodynamics by providing a smooth outline and reduced drag. The use of composite materials on aircraft fairing has dramatically grown over the past decade which results in greater fuel efficiency and also helps in lower costs for the aerospace industry.
Increase in the need for air travel demand across the globe is a crucial factor accelerating the market growth, also rise in the penetration of new generation and lightweight aircraft, rise in the presence of large number of aircraft manufacturers in the U.S., growing defense budgets and rise in the commercial aviation are the major factors among others boosting the aircraft fairings market. Moreover, rise in the reduction in the cost of composite materials and increase in the adoption of 3D printing in aircraft fairing manufacturing will further create new opportunities for aircraft fairings market in the forecast period mentioned above.
However, rise in the recyclability issue of composite materials and complex design of aircraft fairings leading to maintenance difficulties are the major factors among others restraining the market growth, and will further challenge the aircraft fairings market in the forecast period mentioned above.
This aircraft fairings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aircraft fairings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aircraft Fairings Market Scope and Market Size
The aircraft fairings market is segmented on the basis of aircraft type, system, component and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of aircraft type, the aircraft fairings market is segmented into commercial, regional, business, military and helicopters.
- Based on system, the aircraft fairings market is segmented into engine exhaust system and APU exhaust system.
- Based on component, the aircraft fairings market is segmented into exhaust cone, exhaust pipe, exhaust nozzle and APU exhaust liner.
- The aircraft fairings market is also segmented on the basis of end-user into original equipment manufacturer (OER) and maintenance, repair and operations (MRO).
Aircraft Fairings Market Scope Country Level Analysis
The aircraft fairings market is analysed and market size, volume information is provided by country, aircraft type, system, component and end-user as referenced above.
The countries covered in the aircraft fairings market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the aircraft fairings market due to large number of prominent aircraft manufacturing companies and rise in the demand for new aircrafts in this region. Asia-Pacific is the expected region in terms of growth in aircraft fairings market due to rise in the demand for aircrafts with advanced technology in this region.
The country section of the aircraft fairings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aircraft Fairings Market Share Analysis
The aircraft fairings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aircraft fairings market.
The major players covered in aircraft fairings market report are Magellan, Triumph Group, Ducommun Incorporated, Esterline, Nexcelle, The NORDAM Group LLC, Franke Industries, Senior plc, CKT Engineering, Melrose Industries PLC, Power Flow Systems, Inc., Collins Aerospace, Sky Dynamics Corporation, Knisley Welding, Inc, Aerospace Manufacturing Inc, Thomas Publishing Company, Acorn Welding, Safran, Sejong Industrial Co., Ltd and D'Shannon Aviation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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