HOME Press Releases Aircraft Fairings Market worth $2.13 billion by 2023



Aircraft Fairings Market worth $2.13 billion by 2023


The report "Aircraft Fairings Market by Application (Flight Control Surface, Fuselage, Engine, Nose, Cockpit, Wings, and Landing Gear), Material (Composite, Metallic, and Alloy), End User (OEM and Aftermarket), Platform, and Region - Global Forecast to 2023", The aircraft fairings market is projected to grow from an estimated USD 1.49 billion in 2018 to USD 2.13 billion by 2023, at a CAGR of 7.38% from 2018 to 2023

Browse 72 market data Tables and 34 Figures spread through 127 Pages and in-depth TOC on "Aircraft Fairings Market - Global Forecast to 2023"
https://www.marketsandmarkets.com/Market-Reports/aircraft-fairing-market-41536816.html
Early buyers will receive 10% customization on reports.

Aircraft fairings manufacturers are focusing on enhancing their market shares through research & development activities to minimize weight, drag, and fuel consumption of aircraft, and enable a greener environment. Additionally, they are also working towards developing high strength and durable materials that help towards the manufacture of safer aircraft. To comply with airliners and operator’s demands, major players in the aircraft fairings market are developing fairings which help reduce operating and maintenance costs in terms of airframe weight.

The introduction of technology, such as plasma fairings technology for landing gear noise reduction, advanced composite materials for aircraft fairings, and resin transfer molding technology for aircraft fairings in the aviation industry is expected to contribute to market growth during the forecast period.

Based on platform, the commercial segment is projected to lead the aircraft fairings market during the forecast period

Based on the platform, the commercial segment is expected to lead the aircraft fairings market during the forecast period. Commercial aircraft manufacturers should take into consideration various factors, such as efficiency, comfort, safety, and reliability. In commercial aircraft, metals, such as steel, aluminum, and titanium and its alloys, are preferred for the manufacture of aircraft. For instance, in Airbus A380, thermoplastic composites are used on the leading edges and in the fuselage frame for structural clips and brackets.

Based on end user, the OEM segment of the aircraft fairings market is projected to witness the highest growth during the forecast period

Based on end user, the OEM segment of the aircraft fairings market is projected to witness the highest growth during the forecast period. In the aviation industry, aircraft are manufactured and delivered to airlines with aircraft fairings technology already installed in the aircraft. Original Equipment Manufacturers (OEMs) are responsible for the installation of aircraft fairings components. This has become a suitable alternative for airline companies, as post the delivery of aircraft, aftermarket modification becomes cumbersome for aircraft manufacturers.

The North America region is expected to lead the aircraft fairings market during the forecast period from 2018 to 2023

The North America region is expected to lead the aircraft fairings market during the forecast period. North America is expected to be a prominent region for the aircraft fairings market. Rising military upgrades, such as the purchase of unmanned aerial vehicles and innovative military jets are expected to upsurge demand for the aircraft fairings market in North America during the forecast period. North America is expected to remain the largest region due to the high demand for newer aircraft and replacement of aging fleets.

Major companies profiled in the aircraft fairings market report are Malibu Aerospace (US), Barnes Group (US), Boeing (US), and NORDAM (US), among others.

Don’t miss out on business opportunities in Aircraft Fairings Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

We will organize an analyst call and demonstrate the latent opportunities and threats which will likely impact your business, at no cost.

Speak to Analyst


* Name :
* Business Email :
* Phone :
* Designation :
* Country:
Report AS 6525: Aircraft Fairings Market by Application (Flight Control Surface, Fuselage, Engine, Nose, Cockpit, Wings, and Landing Gear), Material (Composite, Metallic, and Alloy), End User (OEM and Aftermarket), Platform, and Region - Global Forecast to 2023
* Enter the text from the image
   to the textbox :
5 3 8 3 5  
Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports