Aircraft Fairings Market worth $2.13 billion by 2023 - Exclusive Report by MarketsandMarkets™ - PowerPoint PPT Presentation

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Aircraft Fairings Market worth $2.13 billion by 2023 - Exclusive Report by MarketsandMarkets™

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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. – PowerPoint PPT presentation

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Title: Aircraft Fairings Market worth $2.13 billion by 2023 - Exclusive Report by MarketsandMarkets™


1
Aircraft Fairings Market worth 2.13 billion by
2023 - Exclusive Report by MarketsandMarkets Th
e 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. The factor that is expected
to act as a major driver is the growing use of
advanced composite materials in aircraft
fairings. This, in turn, is expected to drive
the growth of the aircraft fairings market during
the forecast period from 2018 to 2023. The
aircraft fairings market has been segmented
based on application, material, platform, end
user, and region.
Browse 72 market data Tables and 34 Figures
spread through 127 Pages and in-depth TOC on
"Aircraft Fairings Market - Global Forecast to
2023"
2
https//www.marketsandmarkets.com/Market-Reports/a
ircraft- 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
operators 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
3
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. Get a Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNe
w.asp?id160955838 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. Dont 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
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