Cabin Interior Composites Market By Type Forecast Report Market Outline, Growth And Forecast Analysis Report Up To 2023




Market Highlights
The growth of the Global Cabin Interior Composites Market can be attributed to the increasing air passenger traffic and retrofit of old aircraft. However, delays in aircraft deliveries and decreasing profitability of airlines in developing regions may hamper market growth.
The global cabin interior composites market has been segmented based on aircraft type, composite type, process, end use, application, and region.
On the basis of aircraft type, the market has been divided into narrow-body and wide-body. In 2018, the narrow-body segment dominated the market and it is expected to register the higher CAGR during the forecast period. Narrow-body planes offer cost-efficiency and low fuel consumption, which is expected to drive the growth of the segment.
Based on composite type, the market has been categorized as carbon fiber composite, glass fiber composite, and others. The glass fiber composite segment dominated the market in 2018. However, the carbon fiber composite segment is expected to exhibit the highest CAGR during the forecast period as these composites are corrosion resistant and offer high stiffness.
By process, the market has been classified as sandwich construction, compression molding, and others. The sandwich construction segment was the largest in 2018 and is expected to be the fastest-growing during the review period. Cabin interior composites manufactured by sandwich construction process are durable and energy-efficient, which is expected to boost the growth of the segment.
On the basis of end use, the market has been segmented into OEM and aftermarket. In 2018, the OEM segment dominated the market while the aftermarket segment is expected to exhibit the higher CAGR during the forecast period. Aftermarket players offer post-sale services such as customizations and maintenance; these factors are propelling the growth of the segment.
Based on application, the global cabin interior composites market has been divided into floor panels, sidewall panels, ceiling panels, stowage bins, galleys, lavatories, seating, ducts, and others. The seating segment dominated the market in 2018 and is expected to be the fastest-growing during the forecast period. Optimized seating and the use of new advanced composites such as titanium for aircraft seats are driving the growth of the segment.
The global cabin interior composites market has been studied for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. North America accounted for the largest market share in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Factors such as the increasing aircraft fleet size and establishment of assembly plants by aircraft OEMs such as Boeing and Airbus Group in China are bolstering market growth in the region.
Get Complete Report @ https://www.marketresearchfuture.com/reports/cabin-interior-composites-market-7786
Key Players
The key players in the global cabin interior composites market are Aim Altitude (UK), Collins Aerospace, Inc. (US), Diehl Stiftung & Co. KG (Germany), FACC AG (Austria), JAMCO Corporation (Japan), The Gill Corporation (US), The Nordam Group LLC (US), Triumph Group (US), Safran (France), and BASF Corporation (Germany).


Comments

Post a Comment

Popular posts from this blog

GERD and NERD Treatment Market Rising Uptake Of Technology In Medical And Healthcare Sector To Boost Industry’s Growth Market 2019 Market Highlights: GERD & NERD Treatment Market Research Report- Americas forecast till 2023 growing continuously and is expected to grow at a CAGR of 4.02 % from 2017 to 2023. Heartburn is the burning sensation in the chest behind the breastbone that we feel when stomach acid refluxes back into the esophagus (food tube). Increasing prevalence of gastric diseases has increased the investment in GERD medication for research and development. This is expected to further drive the demand for gastroenteric drugs. Major players in GERD & NERD treatment market Some of the major players in this market are ( U.S.), GlaxoSmithKline Plc (U.K), Ironwood Pharmaceuticals, Inc. (U.S.), Jeil pharmaceutical Co. Ltd. (South Korea), Johnson & Johnson (U.S.), Mederi Therapeutics Inc. (U.S.), Medigus Ltd. (Israel), Medtronic Inc. (U.S.), Merck & CO.,...
Read more
Air Ambulance Services Market Size, Share, Trends, Application  Global Air Ambulance Services Market  Overview The Global Air Ambulance Services Market is expected to reach USD 11,456.3 million by 2024 at a CAGR of 2.95% during the forecast period. Air ambulance manufacturers are investing heavily in advanced technologies to reduce costs and improve turnaround time. For instance, 3D printing is dramatically changing the way structures and components of aircraft are currently designed and manufactured. It reduces the design constraints that engineers face when using conventional fabrication techniques. Furthermore, the ability to fabricate functional electronics into complex structures using 3D printing allows manufacturers to offer air ambulances that operate effectively in adverse conditions such as inclement weather, tsunamis, droughts, and cyclones. Global Air Ambulance Services Market  Segmental Analysis The global air ambu...
Read more

Satellite Communication (SATCOM) Market Outlook And Opportunities With Future Growth Scenario By 2027

  Market Forecast The satellite communication (SATCOM) market is projected to register a  CAGR of 8.44%  between  2021 and 2027 .   SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting. The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth. Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between ...
Read more