Aircraft Door Market for Hydraulic operating mechanism will grow at 5.5% CAGR To 2025 - PowerPoint PPT Presentation

About This Presentation
Title:

Aircraft Door Market for Hydraulic operating mechanism will grow at 5.5% CAGR To 2025

Description:

More Information @ In 2018, the commercial aircraft held over 45% share in aircraft door market owing to rising air carrier fleets. – PowerPoint PPT presentation

Number of Views:31

less

Transcript and Presenter's Notes

Title: Aircraft Door Market for Hydraulic operating mechanism will grow at 5.5% CAGR To 2025


1
Latin America aircraft doors market will witness
over 6.5 CAGR To 2025
2
Key Insights from Aircraft Door Market
  • Airline manufacturers are focusing on reducing
    the overall air carrier weight to enhance fuel
    efficiency and profitability. Government entities
    are taking initiatives to adopt innovative
    materials for structures. Rising prominence for
    weight reduction solutions in air carriers will
    drive aircraft doors market size over the
    forecast timeline.
  • In 2018, commercial aircrafts accounted for over
    45 in aircraft doors market size owing to
    continuous increase in airplane deliveries.
    According to CAPA, in 2017, the commercial
    airlines deliveries rose to over 31,000 with an
    increase of around 4 as compared to 2016.
    Moreover, rising disposable income in conjunction
    with annual spending in emerging nations is
    scaling up the air carrier deliveries thereby
    enhancing the market share.
  • Cargo doors is expected to witness significant
    gains over the forecast period with rise in cargo
    transport. According to IATA, in 2018, the air
    cargo transportation crossed 60 million tonnes
    with an increase of around 4.5 as compared to
    2017. Air cargo transportation holds significant
    share and accounts for over 35 global trade by
    volume.

3
Continued
Hydraulic operating mechanism will register
around 5.5 CAGR by 2025 owing to growing
adoption of automatic actuation mechanisms for
easy operation. The system allows superior
accuracy and require less maintenance. Ongoing
innovations offering high power to weight ratio
and self-contained systems will induce
significant potential in hydraulic aircraft doors
market size. However, rising concerns for system
reliability in adverse weather conditions will
limit its growth in aircraft doors
marketplace. OEM holds significant share with
door installation during manufacturing. Component
manufacturers are adopting innovative solutions
to enhance time and cost efficiency of supply
chain. Moreover, industry players are integrating
supply chain to reduce complexity and ease
material availability at each stage. Aftermarket
segment will project a robust growth owing to the
requirements for air carrier system replacement
and continuous maintenance to ensure correct
operation and passenger safety.
4

Latest Research Report On Aircraft Door Market _at_
https//www.gminsights.com/industry-analysis/aircr
aft-door-market Request for a sample of this
research report _at_ https//www.gminsights.com/reque
st-sample/detail/2434
5
U.S. Aircraft Door Market, By Door, 2018 2025,
(Units)

6
Major Companies in Aircraft Door Market
  • Latecoere
  • Saab AB
  • Mitsubishi Heavy Industries
  • Elbit Systems
  • Aernnova Aerospace S.A.

7
Industry Coverage

8
Regional Insights in Aircraft Door Market
  • North America dominates aircraft doors market
    size owing to the presence of major airplane
    manufacturers such as Bombardier Aerospace,
    Boeing?, and Lockheed Martin. Moreover, presence
    of large number of airports handling large
    traffic will positively influence the product
    demand.
  • Asia Pacific will exhibit a robust growth with
    improving economic conditions and emergence of
    low-cost carriers.
  • Latin America aircraft doors market share will
    witness over 6.5 CAGR over study timeframe with
    rising aircraft fleets. Airliners are
    continuously expanding commercial and regional
    jet fleets to accommodate larger number of
    passengers. For instance, in July 2018, Embraer
    received an order of over 20 regional jets from
    Azul Linhas Aereas Brasileiras.
  • Middle East Africa is at nascent stage and
    bound to witness significant growth owing to
    proliferating tourism industry.

9
Stay In Touch Website www.gminsights.com Soci
al Media
Write a Comment
User Comments (0)
About PowerShow.com