-- According to a new market report published by Credence Research, Inc., “Global Aircraft Doors Market - Growth, Future Prospects, and Competitive Landscape, 2019 – 2027”, the global aircraft doors market is projected to generate a revenue of US$ 5.55 Bn by 2027, expanding at 4.49% CAGR during the forecast period from 2019 to 2027.
Product Insights
Aircraft doors are an integral part of airframe structure, essentially used for the purpose of passenger inlet-outlet, repair & maintenance of avionic systems and other services. Plug doors are used for compartments that require cabin pressurization and for rest of the compartments, non-plug mechanical locking doors are used. Consistently growing global consumer base for air travel leads to an increase in air fleet size and manufacturers are forced to cater such demand with increased aircraft production. Increased aircraft production will in-turn boost the aircraft doors market during the forecast period.
The global aircraft doors market, based on aircraft type was dominated by commercial aircraft segment in 2018. According to the International Air Transport Association (IATA), the global airline passenger traffic was increased by 7% whereas the delivery of single-aisle aircrafts was increased by 12% in 2018. Similarly, business jets and other regional jets have been witnessing an upward trend over the years as an effect of increased trade activities. Growing penetration of electrically operated smart doors along with the aforementioned drivers are projected to accelerate the global aircraft doors market growth for commercial aircraft.
Browse the full report at https://www.credenceresearch.com/report/aircraft-doors-market
Further, on the basis of geography, North America led the aircraft doors market in 2018. The dominance of North America in the global market is primarily accredited to the presence of major airlines as well as major aircraft manufacturing companies across the region. According to IATA, in 2018, air traffic in North America was increased by 5% as compared to 2017 along with the capacity increase of 3.7% and load factor growth of 1%. Similarly, heavy capital investment in military modernization programs is projected to significantly boost the aircraft doors market during the forecast period. For instance, the U.S military, in a few decades, plans to buy 3 new fighter jets along with around 3700 aircrafts costing approximately US$ 340 billion. Air-to-air combat, better ground attack, more powerful engine, larger wings and long fuselage are the advantages of new aircrafts over currently working models. Asia Pacific, on the other hand, is projected to be the fastest-growing region owing to robust economic expansion and growing aircraft manufacturing in the region.
Competitive Insights:
Global aircraft doors market is characterized by the presence of some notable players and increasing competition among them inconsistently changing market dynamics. Key players profiled in the report include Airbus Group, Triumph Group, Inc., Mitsubishi Heavy Industries, Ltd., Honeycomb Company of America, Inc., Saab AB Aerospace Company, DAHER-SOCATA Aircraft Manufacturers, Elbit Systems, Ltd., Group Latecoere, TransDigm Group, Inc., Collins Aerospace, Goodrich Corporation and GKN Aerospace Services, Ltd. among others. Aircraft doors market players are adopting several strategies to cater the ever-growing delivery demands as a result of increased air passenger traffic. New product development, contracts & agreements, partnerships and joint ventures remain the most favorite strategies among major players to gain an edge over competitors.
Report Scope by Segments
By Door Type Segment (2019 - 2027; US$ Bn)
Passenger Door
Emergency Door
Service Door
Water Service Access Door
Forward Service Door
Air Conditioning Access Door
Avionics Bay Door
Cargo Door
Others (Equipment Door, Landing Gear Door, Central Lavatory Door; etc.)
By Aircraft Type Segment (2019 - 2027; US$ Bn)
Commercial Aircraft
Narrow-body Aircraft
Wide-body Aircraft
Cargo Aircraft
Large Aircraft
Regional Jet
Business Jet
Military Aircraft
By Revenue Source Segment (2019 - 2027; US$ Bn)
Original Equipment Manufacturer (OEM)
Aftermarket
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ToC:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
..............
3. Market Dynamics
3.1. Introduction
3.1.1. Global Aircraft Doors Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Aircraft Doors Market, by Door Type , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Passenger Door
4.3. Emergency Door
4.4. Service Door
4.4.1. Water Service Access Door
4.4.2. Forward Service Door
4.4.3. Air Conditioning Access Door
4.4.4. Avionics Bay Door
4.5. Cargo Door
4.6. Others (Equipment Door, Landing Gear Door, Central Lavatory Door; etc.)
5. Global Aircraft Doors Market, by Aircraft Type, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Commercial Aircraft
5.2.1. Narrow-body Aircraft
5.2.2. Wide-body Aircraft
5.2.3. Cargo Aircraft
5.2.4. Large Aircraft
5.2.5. Business Jet
5.2.6. Regional Jet
5.3. Military Aircraft
6. Global Aircraft Doors Market, by Revenue Source, 2017 – 2027 (US$ Bn)
6.1. Overview
6.2. Original Equipment Manufacturer (OEM)
6.3. Aftermarket
7. North America Aircraft Doors Market Analysis, 2017 – 2027 (US$ Bn)
............
8. Europe Aircraft Doors Market Analysis, 2017 – 2027 (US$ Bn)
............
9. Asia Pacific Aircraft Doors Market Analysis, 2017 – 2027 (US$ Bn)
.............
10. Rest of the World Aircraft Doors Market Analysis, 2017 – 2027 (US$ Bn)
..............
11. Company Profiles
11.1. Airbus Group
11.2. Triumph Group, Inc.
11.3. Mitsubishi Heavy Industries, Ltd.
11.4. Honeycomb Company of America, Inc.
11.5. Saab AB Aerospace Company
11.6. DAHER-SOCATA Aircraft Manufacturer
11.7. Elbit Systems, Ltd.
11.8. Group Latecoere
11.9. TransDigm Group, Inc.
11.10. Collins Aerospace
11.11. Goodrich Corporation
11.12. GKN Aerospace Services, Ltd.
...................toc continued
Browse the full report at https://www.credenceresearch.com/report/aircraft-doors-market
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Medium: Aircraft Doors Market is growing at 4.49% CAGR from 2019 to 2027
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Organization: Credence Research
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Website: https://www.credenceresearch.com
Release ID: 88900036
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