Aircraft doors are structural components fitted on the fuselage for embarking and disembarking of passengers and crew members as well as loading and unloading of cargo. The aircraft doors market has been classified on the basis of door type into passenger doors, cargo doors, emergency doors, service/access doors, landing gear doors, and others.
The aircraft doors market is projected to grow from USD 3.68 Billion in 2017 to USD 5.22 Billion by 2022, at a CAGR of 7.25% during the forecast period. This growth can be attributed to an increase in aircraft deliveries, expansion of the civil aviation sector, and technological advancements in aerospace components. The rise in air passenger traffic and increase in demand for aviation services are additional factors contributing to the growth of the aircraft doors market.
Key players operating in the aircraft doors market include Airbus Helicopters (France), Latecoere (France), Mitsubishi Heavy Industries (Japan), Saab (Sweden), Elbit Systems (US), and Triumph Group (US). These market players have a broad product portfolio and strong distribution channels across North America, Europe, and Asia Pacific.
Airbus Helicopters (France) is a key player operating in the aircraft doors market. The company is a leading provider of helicopters for both military and civil sectors. Over the past 3 years, the company has made considerable investments in research & development activities to introduce innovative products and technologies. Airbus Helicopters offers a diverse range of products, which, in turn, help the company gain a competitive edge over its peers in the market.
Mitsubishi Heavy Industries (Japan) is another key player in the aircraft doors market, with a strong presence in Asia Pacific, North America, and Europe. The company provides a wide range of aircraft door products that include cargo doors, entry doors, and lower deck cargo doors. In 2017, Mitsubishi Heavy Industries established a new manufacturing unit in Vietnam, known as MHI Aerospace Vietnam. This unit is responsible for the production of passenger doors for the Boeing 777. The expansion strategy enabled the company to strengthen its foothold in the aircraft doors market.
Aircraft Doors Market by End User (OEM and Aftermarket), Application (Commercial (NBA, WBA, VLA, RTA, Business Jets) and Military (Transport Aircraft, Helicopter)), Door Type (Passenger, Cargo, Emergency, Access, Landing Gear) - Global Forecast to 2022
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