Global Aircraft Mount Market – Industry Trends and Forecast to 2031

Aircraft Mount Market Analysis and Size

The aircraft mount market is experiencing steady growth driven by increasing global defense spending, advancements in aircraft technology, and rising demand for versatile mission capabilities. With defense budgets expanding in key regions such as North America, Europe, and Asia-Pacific, there is a growing emphasis on upgrading existing aircraft fleets with modern equipment and armament systems. Aircraft mounts play a pivotal role in this upgrade process, enabling the integration of advanced sensors, weapons, and electronic warfare systems onto various platforms ranging from fighter jets to helicopters and unmanned aerial vehicles (UAVs). Moreover, the commercial aviation sector is also contributing to market growth, particularly with the rising deployment of surveillance and communication systems on commercial aircraft for enhanced operational efficiency and passenger safety.

Global aircraft mount market size was valued at USD 805.81 billion in 2023 and is projected to reach USD 1,405.37 billion by 2031, with a CAGR of 7.20% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

An aircraft mount typically refers to a specialized mounting system used to attach equipment, weapons, sensors, or other payloads to an aircraft. These mounts are designed to ensure secure attachment while maintaining stability and minimizing aerodynamic impact on the aircraft's performance. Aircraft mounts can vary widely depending on the specific application, aircraft type, and the payload being mounted.                 

Aircraft Mount Market Dynamics

Drivers

• Increasing Defense Budgets   

The global rise in defense expenditures, particularly in regions such as North America, Europe, and Asia-Pacific, is a significant driver for the Aircraft Mount market. Government in these regions are allocating more funds for upgrading their aircraft fleets with advanced weapon systems and sensors to maintain a technological edge and address evolving security threats. This increased funding is boosting the demand for sophisticated mounting solutions that can support the integration of these advanced systems. As a result, manufacturers are seeing heightened demand for innovative and reliable mounts that meet the rigorous standards required for modern military operations.       

• Advanced Communication and Surveillance Systems on Commercial Aircraft 

The increasing deployment of advanced communication and surveillance systems on commercial aircraft is expanding the market for aircraft mounts. These mounts facilitate the installation of antennas, radars, and other equipment necessary for enhancing operational efficiency, safety, and passenger experience. Airlines are investing in cutting-edge technology to improve flight safety, streamline operations, and provide better services to passengers, driving the need for versatile and high-performance mounting solutions. For instance, the Bureau of Transportation Statistics reported that U.S. airline carriers transported 46.3 million scheduled service passengers in January 2022, marking a 33.2% increase compared to January 2021. This trend is creating substantial growth drivers for manufacturers specializing in commercial aircraft mounts.

Opportunities 

• Technological Innovation in Aircraft Mount

Continued advancements in additive manufacturing (3D printing), artificial intelligence (AI), and the Internet of Things (IoT) present significant opportunities for enhancing aircraft mount design, production efficiency, and performance monitoring. Additive manufacturing allows for the creation of complex, lightweight aircraft engine mount with improved structural integrity, while AI can optimize design processes and predictive maintenance. IoT-enabled mounts can provide real-time data on their condition and performance, enabling proactive maintenance and reducing downtime. These technological innovations are transforming the aircraft mount market, allowing manufacturers to offer more advanced and efficient solutions.                                         

• Dual-Use Applications Aircraft Mount Solution

As both military and civilian sectors seek to enhance their aerial capabilities, manufacturers can leverage their expertise to develop mounts that cater to a wide range of applications. For instance, mounts designed for military UAVs can also be adapted for commercial drones used in agriculture, surveillance, and delivery services. This diversification allows manufacturers to tap into multiple revenue streams and broaden their market reach, capitalizing on the growing demand across both sectors. Increasing dual-use applications of unmanned aerial vehicles (UAVs) and commercial aircraft create new opportunities for versatile aircraft mount solutions.

Restraints/Challenges

• Stringent Aviation Regulations and Safety Standards  

Aircraft mounts must comply with stringent aviation regulations and safety standards, which can pose significant challenges for manufacturers in terms of design, testing, and certification processes. Ensuring that mounts meet the necessary regulatory requirements adds complexity and extends the time needed for product development cycles. Manufacturers must invest considerable resources in rigorous testing and certification to ensure compliance, which can be both time-consuming and costly. These regulatory hurdles can slow down the pace of innovation and market entry, making it essential for manufacturers to navigate these standards effectively.      

• High Development Costs 

Developing and certifying new aircraft mounts involves significant investment in research, development, and testing. High initial costs can be a barrier for smaller manufacturers or startups attempting to enter the market, limiting competition and innovation. These costs include the development of prototypes, extensive testing for safety and performance, and obtaining necessary certifications from aviation authorities. The substantial financial burden can deter new entrants and restrict market diversity, making it challenging for smaller players.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In November 2022, Lockheed Martin announced that Magellan Aerospace had been awarded a contract to supply machined titanium components for the F-35 Lightning II Fighter Aircraft. The agreement includes the development of machined wing tie bars for the aircraft's flaps           
• In June 2022, Fargo Jet Center (FJC) announced they had earned a Federal Aviation Administration (FAA) Supplemental Type Certificate (STC) for a universal retractable sensor mount (RSM) designed for special mission aircraft operations

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Aircraft Mount Market Scope

The market is segmented into five notable segments based on mount type, application, material, aircraft type, and end use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Mount Type

• Engine Mounts
• Shock Mounts
• Pedestal Mounts
• Cup Mounts
• Others

Application

• Airframe
• Engine
• Avionics
• Others

Material

• Nickel-Based Alloys
• Aluminum Alloys
• Steel Alloys
• Rubber
• Polyamide
• Others

Aircraft Type

• Commercial Aircraft
• General Aviation Aircraft
• Military Aircraft

End Use

• Original Equipment Manufacturer (OEM)
• Replacement

Aircraft Mount Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, mount type, application, material, aircraft type, and end use as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to the rise in aviation operations, an increase in aircraft deliveries, and a surge in air passenger traffic. In addition, the presence of a well-established aviation industry, the growth of low-cost air travel, and the presence of numerous airline service providers will further fuel market expansion in this region.              

Asia-Pacific is expected to be the fastest growing due to a significant increase in commercial flights for both international and domestic travel. The burgeoning middle class, coupled with rising disposable incomes, has led to a surge in air travel demand across countries like China, India, and Southeast Asian nations. This growth is further supported by the expansion of low-cost carriers and the development of new airline routes to cater to the increasing number of passengers.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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 Mount Market Share Analysis

The 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, global presence, production sites and facilities, production capacities, 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 market.

Some of the major players operating in the market are:

• AirLoc Ltd. (U.K.)
• Avionics Support Group, Inc. (U.S.)
• GMT Rubber-Metal-Technic Ltd (U.K.)
• Hutchinson Aerospace and Industry (France)
• Mayday Manufacturing (U.S.)
• Meeker Aviation (U.S.)
• National Products Inc. (U.S.)
• Parker Hannifin Corp (U.S.)
• Shock Tech Inc. (U.S.)
• Trelleborg AB (Sweden)

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