Aircraft Interior Sandwich Panel Market forecasted to reach US$ 1,618.6 million in 2023

Stratview Research has launched a research report on Aircraft Interior Sandwich Panel Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft Interior Sandwich Panel Market from 2018 to 2023.

This 253-page report is segmented in five ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others)
● by Application Type (Floor Panel, Sidewall Panel, and Others)
● by Core Material Type (Nomex Honeycomb, Aluminum Honeycomb, and Others)
● by End-User Type (OE and Aftermarket) – OE is likely to remain the largest end-user type segment.
● and by Region
● North America (Country Analysis: the USA, Canada, and Mexico)
● Europe (Country Analysis: Germany, France, the UK, Spain, Russia, and Rest of Europe)
● Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
● Rest of the World (Country Analysis: the Middle East, Latin America, and Others)

Stratview Research, has presented the study of Aircraft Interior Sandwich Panel Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Zodiac Aerospace, The Gill Corporation, B/E Aerospace (now Rockwell Collins), Euro-Composites Corp., FACC AG, Jamco Corporation, and Triumph Composite Systems are some of the major players in the aircraft interior sandwich panel market. New product development, adoption of advanced lightweight materials, and collaboration with OEMs are some of the key strategies adopted by companies to gain a competitive edge over other competitors.

Go through the detailed scope:
https://www.stratviewresearch.com/toc/274/aerospace-interior-sandwich-panel-market.html

Or

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/274/aerospace-interior-sandwich-panel-market.html

Healthy expected future growth rate

The aircraft interior sandwich panel market is forecasted to reach US$ 1,618.6 million in 2023. Healthy expected future growth rate offers a plethora of opportunities to the entire ecosystem of the market. Increasing production rates of the key commercial and regional aircraft, such as B737, B787, A320, A350XWB, and C Series; upcoming commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ; rising requirement of lightweight and durable products in interior applications fueled by the introduction of stringent government regulations related to reduce fuel consumption and mitigate emissions; an advancement in the technology; increasing global aircraft fleet size; and growing awareness to improve passengers experience are the major growth drivers of the market.

Narrow-body aircraft to remain the largest segment

The aircraft interior sandwich panel market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation. Narrow-body aircraft is expected to remain the largest segment of sandwich panel market in the aircraft interior applications during the forecast period of 2018 to 2023. Wide-body aircraft is likely to witness the highest growth during the same period, driven by an increasing demand for wide-body aircraft, such as B787 and A350XWB in the developing economies, such as China and India. There is also a healthy demand for wide-body aircraft in the Middle-East region.

Nomex honeycomb is the choice for a wide array of interior applications

The aircraft interior sandwich panel market is segmented based on the core material type as Nomex Honeycomb, Aluminum Honeycomb, and Others. Nomex honeycomb has been the perennial choice for a wide array of interior applications in the aircraft industry. All the major aircraft types including narrow-body and wide-body aircraft are heavily relying on this unique material. Nomex honeycomb offers enormous advantages over competing materials, such as lightweight, exceptional stiffness and strength, good corrosion resistance, good fire resistance, good thermal stability, and excellent dielectric properties.

OE and aftermarket segments to witness healthy growth

The aircraft interior sandwich panel market is segmented based on the end-user type as OE Sales and Aftermarket Sales. The OE is likely to remain the largest end-user type during the forecast period, driven by an increasing demand for commercial and regional aircraft across regions. Both the OE and aftermarket segments are likely to witness healthy growth rates over the next five years.

North America to remain the largest market

Based on the regions, North America is projected to remain the largest aircraft interior sandwich panel market during the forecast period. This region has been the pioneer in the aerospace industry with the presence of several small- to large-sized OEMs. Most of the aircraft manufacturers have manufacturing and assembly plants located in North America. Additionally, all the major sandwich panel manufacturers for the aircraft industry are in the region to support OEMs for the development of advanced products meeting emerging requirements of airlines.

Asia-Pacific is expected to witness the highest growth during the same period. Largest commercial aircraft fleet size; the gradual shift of manufacturing/assembly plants of OEMs; and upcoming indigenous commercial and regional aircraft, such as COMAC C919, ARJ21, and MRJ, fueled by increasing passenger traffic will continue to drive the Asia-Pacific’s market in the coming years.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend and forecast analysis
● Market segment trend and forecast
● Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
● Attractive market segments and associated growth opportunities
● Emerging trends
● Strategic growth opportunities for the existing and new players
● Key success factors.
● Research Methodology

This report studies the Aircraft Interior Sandwich Panel Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 1000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market/report/Aerospace-Defense.html

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

This release was published on openPR.