Aircraft Seals Market Analysis & Forecast to 2022 - PowerPoint PPT Presentation

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Aircraft Seals Market Analysis & Forecast to 2022

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The aircraft seals market is estimated to be USD 866.7 Million in 2017 and is projected to reach USD 1,097.2 Million by 2022, at a CAGR of 4.83% from 2017 to 2022. – PowerPoint PPT presentation

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Title: Aircraft Seals Market Analysis & Forecast to 2022


1
Aircraft Seals Market expected to reach 1097.2
Million
by 2022, at a CAGR of 4.83 from 2017 to
2022
Exclusive Report by MarketsandMarkets
According to the latest market research report
"Aircraft Seals Market by Type
(Dynamic
and
Static), Application (Engine, Airframe,
Flight
Control
System, and
Landing
Gear),
Material (Composites Polymers and
Metals),
Vendor
(OEM Platform,
and and
Aftermarket), Region - Global Forecast
to 2022", The aircraft seals market is estimated
to be USD 866.7 Million in 2017 and is projected
to reach USD 1,097.2 Million by 2022, at a CAGR
of 4.83 from 2017 to 2022. This projected
growth can be attributed to the increased
deliveries of commercial aircraft and the rising
demand for repair and maintenance of existing
aircraft seals.
Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id95040283
The civil aircraft segment is the largest
platform segment of the aircraft seals market
Based on platform, the aircraft seals market has
been segmented into civil aircraft and military
aircraft, which includes fixed-wing aircraft and
rotary-wing aircraft. The civil aircraft segment
is mainly driven by the increase in deliveries of
commercial aircraft. Growing demand for
short-haul flights is one of the key factors
driving the commercial aircraft subsegment of the
civil aircraft segment, which, in turn, is
expected to drive the demand for aircraft seals
in the civil aircraft segment.
The flight control hydraulic system application
segment is projected to grow at the highest CAGR
during the forecast period
Based on application, the aircraft seals market
has been segmented into engine system, landing
gear system, airframe, and flight control
hydraulic system. The flight control hydraulic
system segment covers the market for aircraft
seals used in components such as primary flight
controls, secondary flight controls, auxiliary
power units, power
2
transmission units, and pumps motors. The seals
used in these applications undergo heavy wear and
tear and require significant maintenance and
repair.
North America is the largest market for aircraft
seals
North America is estimated to account for the
largest share of the aircraft seals market in
2017. Countries considered for the market
analysis of this region include the US
and Canada. The US is the leading market for
aircraft seals in North America.
Increasing deliveries of commercial aircraft and
the presence of maintenance and repair
facilities in the US and Canada have contributed
to the high demand for aircraft seals in
the North American region. The presence of key
manufacturers of aircraft seals in the US
is another significant factor influencing the
growth of the aircraft seals market in
North America. The market in Asia Pacific is
projected to grow at the highest rate during
the forecast period. This high growth can be
attributed to the increase in air travel due
to rising disposable incomes. Since a seal is one
of the vital components of an aircraft,
the increasing commercial aircraft fleet will
drive the demand for aircraft seals.
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.asp?id95040283
Key Market Players
Brown Aircraft Supply (US), Eaton Corporation
(Ireland), Esterline Technologies (US), Meggitt
(UK), Parker Hannifin (US), Saint-Gobain
Performance Plastics (France), SKF (Sweden), and
Trelleborg (Sweden).
Dont miss out on business opportunities in
Aircraft Seals Market. Speak to our
analyst and gain crucial industry insights that
will help your business grow.
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