Aerospace Floor Panels Market Size & Share - Industry Trend and Forecast 2017 - 2026

The report analyzes and presents an overview of "Aerospace Floor Panels Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Aerospace Floor Panels” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Light weight, high strength, durability, and non-flammable floor panels are key criteria in the manufacture of aerospace floor panels. Sandwich honeycomb panels replaced conventionally used heavier sheet or stringer or beam support approach for floor panels in the 1940s in the aerospace industry in order to reduce the weight and increase payload and flight distance. These products are used for flooring in aircraft. Based on application and property, various core materials such as aluminum, polypropylene, Nomex, and stainless steel are used in designing aerospace floor panels. High performance composites and similar materials are used in advanced honeycomb panels in the manufacture of aerospace floor panels.

Based on type of core material, the aerospace floor panels market can be segmented into Nomex honeycomb, aluminum honeycomb, and others. In terms of aircraft type, the aerospace floor panels market can be divided into narrow body aircraft, wide body aircraft, very large aircraft, general aviation, defense aircraft, and others. Based on end-user type, the aerospace floor panels market can be bifurcated into OEM and aftermarket.

With increased military expenditure across major economies such as U.S., China, Western Europe and UAE, is expected to drive the growth of aerospace floor panels market in coming years. And also the robust growth of aerospace industry is observed due to increasing demand for air transportation is having positive impact to drive the aerospace floor panels market. Technological advancements and significant investments in R&D by OEMs for the manufacture of aerospace structural parts are expected to boost the market. However, regulatory framework for these panels is governed by the Toxic Substances Control Act of 1976 (TSCA); the Comprehensive Environmental Response, Compensation, and Liability Act (CECRLA); Workplace Hazardous Materials Information System (WHMIS); and the Resource Conservation and Recovery Act (RCRA). These bodies specify the dangers associated with panels, concerned raw materials to be used in honeycombs, and their general requirements for storage.

In terms of geography, North America holds a large share of the global aerospace floor panels market due to the presence of major aircraft fleet such as AIRBUS, Boeing, and Lockheed Martin etc. Growth of the fleet is expected to directly increase the consumption of aerospace floor panels. Asia Pacific and Europe are also key regions of the market. The aerospace floor panels market in Asia Pacific is anticipated to expand significantly during the forecast period owing to the expansion in the aerospace industry and increase in demand for various types of aircraft types in countries such as India and China. Latin America and Middle East & Africa are estimated to account for relatively small share of the global aerospace floor panels market.

Key players operating in the global aerospace floor panels market include NORDAM Group, Inc., Rockwell Collins, Inc., Zodiac Aerospace, and Encore Group. Companies can supply aerospace floor panels to OEMs through the direct supply channel or via distributors.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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