Global Aircraft Fairings Market : Global Industry Analysis and Forecast 2018-2026
Global Aircraft Fairings Market was valued US$ 1.12Bn in 2017 and is expected to reach US$ 4.50Bn by 2026 at a CAGR of about 18.99% during a forecast.
Global Aircraft Fairings Market is segmented into by aircraft type, by application type, by material type, by process type and by region. Based on aircraft type, aircraft fairings market is classified into Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft & General Aviation. In application type are parted into Wing-to-Body Fairing, Flap Support Fairings, Engine Cowls, Vertical Fin Fairings & Others. In material type are segmented into Composites & Metals. In process type are divided into Prepreg Layup, Stamping & Others. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Global industry Analysis and forecast 2018-2026.
Driving factors of aircraft fairings market are the strong global growth of both passenger and freight, increasing commercial aircrafts production, increasing demand for lightweight fairings, rising passenger footfall and cargo traffic, Modernization & innovations in aircrafts coupled with emergence of new entrants, Ongoing rises in living standards and increases in the number of airport connections within the respective countries and reductions in fares will boost the market for aircraft fairings market.
Government policies and rising fuel challenges can hamper the growth of aircraft fairings market.
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In terms of Aircraft Type, Narrow-body aircraft segment shares the largest market during the forecast period. Narrow body market is still the largest market for airplanes. Narrow body planes are used for short to medium haul routes and have traditionally been favourites of low-cost airlines, in trends fuel-efficient geared turbofans from United Technologies having huge demand in market, rising travelling industry demands need bigger planes to transport more passengers and dozen times larger investment going in narrow-body case will have more opportunity in aircraft fairings market.
In terms of Material type, Composite segment is projected to grow at fastest during the forecast period. Composite materials are widely used in the Aircraft Industry and have allowed engineers to overcome obstacles that been me when using the materials individually. Pose a safety risk to aviation, composite materials don’t corrode as easily as other types of structures. They don’t crack from metal fatigue and they hold up well in structural flexing environments and Composite designs also last longer than aluminium, which means fewer maintenance and repair costs will boost the demand for aircraft fairings market.
Among region, Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Emerging economics and strong presence of manufacturers in Japan, South Korea, China and India will boost the market in this region, Commercial airlines in the region are procuring aircraft in large numbers to meet the rising demand for air travel around the globe, the region rapid changes in regulations to make aviation more advancing on the technology front, Rising military upgrades, purchase of unmanned aerial vehicles and innovative military jets and ever increasing population will have more opportunity in Aircraft Fairings Market.
Boeing, Airbus, Bombardier, Embraer, ATR, Mitsubishi Heavy Industries, Delta Air, Air China, DAHER, Lufthansa, Maple Leaf Aviation Limited, GHENOVA Ingeniería S.L., Korean Air Aerospace Division, FACC AG, UTC Aerospace Systems, CTRM Aerocomposites Sdn Bhd, Alenia Aermacchi S.p.A., Korean Air Aerospace Division, Triumph Group, Inc., Boeing Canada, Winnipeg, ShinMaywa Industries Ltd.
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The scope of the Report Global Aircraft Fairings Market:
Global Aircraft Fairings Market: By System
• Engine Exhaust System
• APU Exhaust System
Global Aircraft Fairings Market: By Component
• Exhaust Cone
• Exhaust Pipe
• Exhaust Nozzle
• APU Exhaust Liner
Global Aircraft Fairings Market: By Aviation Type
• Commercial Aviation
• General Aviation
• Business Aviation
• Military Aviation
Global Aircraft Fairings Market: By End User
• Original Equipment Manufacturer (OER)
• Maintenance, Repair and Operations (MRO)
Global Aircraft Fairings Market: By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player analyzed in the Global Aircraft Fairings Market Report:
• Magellan Aerospace
• Triumph Group
• Ducommun
• Nexcelle
• Esterline Technologies
• Nordam
• Franke Industries
• Senior Aerospace
• CKT Aero Engineering Ltd
MAJOR TOC OF THE REPORT
Chapter One: Aircraft Fairings Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Aircraft Fairings Market Competition, by Players
Chapter Four: Global Aircraft Fairings Market Size by Regions
Chapter Five: North America Aircraft Fairings Revenue by Countries
Chapter Six: Europe Aircraft Fairings Revenue by Countries
Chapter Seven: Asia-Pacific Aircraft Fairings Revenue by Countries
Chapter Eight: South America Aircraft Fairings Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Aircraft Fairings by Countries
Chapter Ten: Global Aircraft Fairings Market Segment by Type
Chapter Eleven: Global Aircraft Fairings Market Segment by Application
Chapter Twelve: Global Aircraft Fairings Market Size Forecast (2019-2026)
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