The global aircraft mounts market size is projected to grow from USD 606 million in 2019 to USD 915 million by 2025, at a CAGR of 7.1% from 2019 to 2025. The aircraft mounts industry has been growing at a significant rate since the past few years and is expected to continue during the forecast period. The demand for mounts in aviation applications is growing, due to the increasing emphasis to enhance safety and comfort in aircraft.
Major players in the aircraft mounts market include LORD Corporation (US), GMT Rubber-Metal-Technic (UK), Trelleborg AB (Sweden), Cadence Aerospace (US) and MAYDAY Manufacturing (US), among several others. These players have adopted various strategies such as new product launches & developments, acquisitions, expansions, and contracts between 2015 and 2019 to expand their product portfolios and increase their foothold in the global aircraft mounts industry.
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LORD Corporation is a major player in the aircraft mounts market. The company offers a wide range of aircraft mounts for various applications and has a strong customer base of aircraft manufacturers and airlines. LORD Corporation has been adopting various strategies such as new product launches to increase its product portfolio in the aircraft mounts market. It is also focused on acquiring contracts. In April 2019, it acquired Parker Hannifin Corporation to strengthen its position and competitiveness in the market.
GMT Rubber-Metal-Technic Ltd. is another player operating in the market. The company provides aircraft mounts for a wide range of applications. The company focuses on certification of industrial standards to cater to the needs of targeted customers. Products offered by the company are AS/EN9100 certified.
Trelleborg Group is among the top manufacturers of aircraft mounts in the market. It has a vast portfolio of anti-vibration mounts. The company is expanding its business in high-growth regions and countries, including the US, Europe, and Asia Pacific. For instance, in April 2019, the company announced the opening of a 6,200 square meter site in Bengaluru.
Aircraft Mounts Market by Application (Vibration/Shock Isolation, Suspension, Engine Mounts), Material (Nickel-based Alloys, Aluminum, Steel Alloys, Polyamide), Mount Type (Interior, Exterior), End Use, Aircraft Type, Region-Global Forecast to 2025
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