Global Aerospace Floor Panels Market: Industry Analysis and Forecast (2018-2026)
Global Aerospace Floor Panels Market is expected to reach US$ 558 Mn by 2026 from 300 Mn in 2017 at CAGR 8.7%.
Aerospace Floor Panels Market is segmented by aircraft, raw material, distribution channel, and region. Based on aircraft divided into Commercial aircraft, regional jet, business jet, and helicopter. Raw material is split into Nomex Honeycomb, aluminium honeycomb. Distributors channel are classified as OEM, aftermarket. Region wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Adoption of procedure to reduce aircraft weight and enhance fuel efficiency will drive aerospace floor panels market during the forecast period. Flooring units form a major part in aircraft more weight and require lightweight structures to meet stringent requirements. Honeycomb sandwich panel provides high strength to weight ratio and enhanced stiffness as the balance to solid metals. The Continuous innovation to provide improved strength & rigidity along with weight reduction trends will influence the aerospace floor panel’s market size. Increasing aviation industry owing to the rise in air traffic has enhanced domestic and international iterations thereby driving the industry growth
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Based on aircraft segment, commercial aircraft is expected to dominate the Aerospace Floor Panels Market in 2017. Rising annual spending and disposable income has amplified air traffic and increased international and domestic fleets. The surge in commercial aircraft production particularly in developed regions including North America and Europe will enhance Aerospace Floor Panels Market growth in the next decade.
On the basis of a raw material segment, Nomex honeycomb held the highest market share in 2017 owing to an increase in commercial aircraft demand. Properties include high fire resistance, stiffness, lightweight, thermal stability, excellent dielectric properties, and superior strength will boost the overall utilization during the current forecast period. Availability in various cell size, strength, and thickness will likely enhance the Aerospace Floor Panels Market demand as well.
In terms of region, North America held the highest Aerospace Floor Panels Market share in 2017 and is expected to have a higher growth rate in the forecast period. The growth rate is driven by the presence of aircraft manufacturers in the region such as Falcon, Lockheed Martin, Boeing, Bombardier and Airbus among others.
Key players operating on the market arr, Advanced Custom Manufacturing, Euro-Composites, Aim Altitude, Encore Group, Nordam Group, The Gill Corporation, Zodiac Aerospace, Triumph Group, Avcorp Corporation, EFW, Rockwell Collins.
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The scope of the Global Aerospace Floor Panels Market
Global Aerospace Floor Panels Market, By Aircraft
• Commercial Aircraft
• Regional Jet
• Business Jet
• Helicopter
Global Aerospace Floor Panels Market, By Raw Material
• Nomex Honeycomb
• Aluminium Honeycomb
• Others
Global Aerospace Floor Panels Market, By Distribution Channel
• OEM
• Aftermarket
Global Aerospace Floor Panels Market, By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Global Aerospace Floor Panels Market:
• Advanced Custom Manufacturing
• Euro-Composites
• Aim Altitude
• Encore Group
• Nordam Group
• The Gill Corporation
• Zodiac Aerospace
• Triumph Group
• Avcorp Corporation
• EFW
• Rockwell Collins
MAJOR TOC OF THE REPORT
Chapter One: Aerospace Floor Panels Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Aerospace Floor Panels Market Competition, by Players
Chapter Four: Global Aerospace Floor Panels Market Size by Regions
Chapter Five: North America Aerospace Floor Panels Revenue by Countries
Chapter Six: Europe Aerospace Floor Panels Revenue by Countries
Chapter Seven: Asia-Pacific Aerospace Floor Panels Revenue by Countries
Chapter Eight: South America Aerospace Floor Panels Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Aerospace Floor Panels by Countries
Chapter Ten: Global Aerospace Floor Panels Market Segment by Type
Chapter Eleven: Global Aerospace Floor Panels Market Segment by Application
Chapter Twelve: Global Aerospace Floor Panels Market Size Forecast (2019-2026)
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