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Aircraft Window Frame Market Statistics, Analysis & Forecast To 2024, Prominent players- SIFCO Industries, Inc, LMI Aerospace, PPG Industries, GKN Aerospace
Press release from: Global Market Insights,Inc.
North America will account for a significant share in the aircraft window frame market place owing to the presence of major aerospace manufacturing facilities and research & development centers. Industry participants are continuously involved in utilizing innovative materials such as composites and resins for manufacturing window frames. These materials contribute significantly towards lowering the frame weight and positively influence the aircraft efficiency.
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Based on the product, the market is categorized into cabin window frame and cockpit windshield frame. Cabin window frame is expected to witness significant gains owing to higher disposable income along with reduced flight rates thereby increasing the air passenger traffic. Multiple players in the aviation industry are expanding their seating capacity for generating additional revenue. For instance, in November 2017, IndiGo added six more seats to its A320neo aircraft, thereby increasing the seating capacity to 186 seats.
Based on aircraft, the industry is fragmented into narrow-body aircraft, wide-body aircraft, regional aircraft, military aircraft, and general aviation. Narrow body aircrafts will grow significantly over the forecast timeframe. This growth is attributed to the increasing aircraft production across the globe. Moreover, increasing proliferation of low-cost carriers along with increasing demand for fuel efficient aircrafts including B737, B787, and A320 are further strengthening the segment share over the study timeframe.
Stringent government regulations mandate the extensive testing and periodic maintenance of aircraft window frames after specified flight cycles for maintaining airworthiness. Moreover, higher costs associated with the replacement and stringent compliance standards may restrict the business expansion over the projected timeframe. However, industry participants are opting for composite and resin-based window frames solutions, that contribute significantly towards lowering the overall system weight and cost.
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Industry participants are investing heavily in R&D to develop innovative light weight materials for manufacturing aircraft window frames. The added benefits of using innovative light weight window frames include improved durability, corrosion resistance, and lower weight. For instance, Hexcel Corp. along with Nordam are offering innovative composite window frame solutions to using HexMC technology that offers superior strength, corrosion resistance, and reduced maintenance requirements.
Based on material, the industry is segmented into composite window frame and metal window frame. Metal window frames accounted for a considerable share in 2018 owing to its cost-effectiveness and easier repair and replacement technology across the globe. The composite window frame is anticipated to showcase significant growth over the forecast timeline. Improved durability, higher strength-to-weight ratio and considerable weight savings are among the key factors fueling the composite window frame market share till 2025.
Aircraft window frames provide superior rigidity and sturdiness to the windows for operating in diversified altitudes and climatic conditions. Increasing aircraft production along with order delivery backlogs from major companies such as Boeing and Airbus are further supporting the industry expansion till 2025.
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Prominent players in the aircraft window frame market place include SIFCO Industries, LMI Aerospace, The Nordam Group, PPG Industries Inc., ACE Advanced Composite Engineering GmbH, GKN Aerospace, and Otto Fuchs KG. Establishment of long-term contracts and collaborations with aircraft OEMs are among the prominent strategies adopted by industry players for expanding their foothold.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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