Aircraft Floor Panel Market: Emerging Economies Expected to Influence Growth until 2022 | Competition Landscape- TRIUMPH GROUP, Rockwell Collins, Avcorp Industries, Zodiac Aerospace ECE, The Gill Corporation Company, The NORDAM Group, EURO-COMPOSITES

The aerospace landscape is witnessing a paradigm shift towards additive manufacturing using innovative composite materials, on account of a greater emphasis on manufacturing more integrated aircraft structures and components. Growing demand for permanent autopilot and electrification continues to provide impetus to lightweight construction of aircrafts components. The buoyancy in the aerospace floor panel market can also be attributed to increasing focus on reducing overall weight to fulfill the broader goal of improving fuel efficiency. Moreover, innovations to improve structural strength and rigidity, thereby, replacing solid metals, will significantly influence the growth of aerospace floor panel market.

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“Recently, a leading advanced composites manufacturer established a testing lab in Shanghai, China. The testing lab has been set up in joint collaboration with a a Chinese aerospace parts manufacturer. The testing lab will offer services in the wake of increasing consumer demands in the commercial aerospace landscape in APAC. More such accredited testing labs have been established to conduct R&D in composite materials.”- Lead Analyst, Automotive Industry, Fact.MR

Key manufacturers of Aircraft Floor Panel Market are strengthening their additive manufacturing (AM) strategy to not just address challenges pertaining to high manufacturing costs, but also achieve reduced tooling, improved performance, and a reduction in the number of parts. A revolutionary shift towards novel technologies and improved processes like additive manufacturing is not limited to single components but advances to more complex systems with variable designs. With an aim to re-invent manufacturing processes and make it more competitive and agile, additive manufacturing is bringing in efficiencies consistent with shorter development process, allowing design complexity, and enhanced performance and reliability. In the future, adopting additive manufacturing would enable companies to de-risk and corroborate ideas in a virtual environment.

Increased Adoption of Advanced Construction Materials in the form of Composites Trending

Superior physical properties including exceptional strength and stiffness-to-density ratios has led to an increased adoption of composite material in aircraft components manufacturing. A combination of at least two distinctive material compositions that neither dissolves or melts together, composite materials are mostly preferred over conventional metal alloys considering high mechanical and thermal properties while having low weight and cost. Composite materials including Polymer matrix composites (PMC), Metal Matrix Composites (MMC), and Ceramic Matrix Composites (CMC) have found widespread adoption of the aerospace industry. Material innovations like hybrid composites, nanocomposites, and bio composites will further enhance aircraft performance.

Honeycomb Structures to Present Component Designing Potential over Conventional Models

With a focus on weight reduction and increased longevity, industry experts have been studying the potentiality around combining carbon fiber and additive manufacturing—together applied to honeycomb sandwich structures. Key manufacturers are increasingly using Honeycomb structures to achieve superior durability and excellent flexural and shear strength compared to conventional OEM aerospace floor panels. Used extensively in both commercial and military air carriers, aerospace floor panel is honeycomb structure bonded providing ultimate high performance.

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RFID-Enabled Aircraft Components Manufacturing To Link Materials and Information Flow

To perfectly synchronize physical flow of components and related information flow without human intervention, the aircraft components manufacturers are deploying RFID technology in workstations, wherein scanners read the data and commands corresponding to robots and its systems. An application of RFID gathering much appreciation is controlling the tools in the dynamic manufacturing environment to efficiently use them during the work shifts. Moreover, tools used either for shared and specific task or lost and forgotten in the manufacturing plant, RFID holds the potential to manage systems pertaining to each tool and optimize its usage and application time—especially for expensive, specialty tools. 

Manufacturers Exploring Noise Control Options for Aircraft Floors

Since, aerospace floors are large radiating bodies, consumers and regulatory authorities have been demanding cost-effective technologies to explore noise control options. Manufacturers are exploring light weight alternatives for aircraft floor vibration reduction. Studies project that Enidamp, an innovative damping treatment is the most effective option for controlling floor vibrations up to the frequency of 1500 Hz. Moreover, a combination of vibration isolators and Enidamp is considered even more efficient as it obtains the most constant attenuation curve required for floor vibration control. A combination like this is achieved with isolators between the floor base and the aerospace floor panel with the damping treatment, Enidamp.

Competitive Landscape: Global Aerospace Floor Panel Market

The aerospace floor panel market is a highly consolidated market with a few specialty players holding a sizable revenue share. Key players in the global aerospace floor panel market include Triumph Group, Rockwell Collins, Avcorp Industries, The Gill Corporation, EnCore Group and NORDAM Group. A thorough research by Fact.MR predicts that adoption of materials to reduce the aircraft weight, technological innovations, new product development (NPD), and strategic collaborations with new and established players are the top strategies likely to define the future course of the global aerospace floor panel market. In its report, Fact.MR has comprehensively evaluated each market leader, including their market competitiveness, product strategy, business strategy, and go-to-market strategy.

Table of Content:

Chapter 1. Global Aerospace Floor Panel Market - Executive Summary. 22

Chapter 2. Global Aerospace Floor Panel Market Overview. 24
2.1. Introduction. 24
       2.1.1. Global Aerospace Floor Panel Market Taxonomy. 24
       2.1.2. Global Aerospace Floor Panel Market Definition. 24
2.2. Global Aerospace Floor Panel Market Size (US$ Mn) and Forecast, 2012-2022. 25
       2.2.1. Global Aerospace Floor Panel Market Y-o-Y Growth. 25
2.3. Global Aerospace Floor Panel Market: Macroeconomic Factors. 25
       2.3.1. Economic Outlook. 25
       2.3.2. International Policy. 26
       2.3.3. Profitability of Enterprises. 26
       2.3.4. Increasing Purchasing Power of Middle Class. 26
       2.3.5. Complex Eco System. 26
       2.3.6. Supply chain Issues. 27
       2.3.7. End-user Sentiment. 27
2.4. Global Aerospace Floor Panel Market Impact Factors. 27
       2.4.1. The Influence of China. 27
       2.4.2. Innovations in Technology. 27
       2.4.3. Dilemma on Shift to New Technologies. 28
       2.4.4. Disruption in Traditional Business Models. 28
       2.4.5. Rising Component Costs in Developing Countries. 28
       2.4.6. Shrinking Product Development Time. 28
       2.4.7. Fluctuating Input costs. 29
       2.4.8. Adoption of New Mobility Solutions. 29
       2.4.9. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 29
       2.4.10. Rising Complexity Influencing Greater Emphasis on Platformimg. 29
       2.4.11. Increasing R&D expenditure. 30
       2.4.12. Trends. 30
            2.4.12.1. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 30
            2.4.12.2. Rising Complexity Influencing Greater Emphasis on Platforming. 30

Continued……………..

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