Press release
Aerospace Floor Panel Market Forecast and Competitive Analysis
Market Definition: Global Aerospace Floor Panel MarketAerospace floor panels are complex structures that includes an inboard layer, an inboard interlock layer, a core layer, and outboard interlock layer, and an outboard layer. Floor panels are honeycomb structure bonded that provides high performance and reduced panel weight. Honeycomb sandwich panels are used extensively for flooring in both military and commercial aircraft as it offers rigidity and shock and resistance to fatigue, weather, chemicals and fire.
About the Report: Global Aerospace Floor Panel Market
The global aerospace floor panel market holds promising growth prospects in the coming years, with the market expanding at a significant CAGR through the forecast period. Spread over 13 comprehensive chapters, the report on global market for aerospace floor panel offers key insights on the current and future prospects further defining the growth trajectory of the market.
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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.
Additive Manufacturing to Redefine Current Production Technology in Aerospace Landscape
Key manufacturers of aerospace floor panel 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.
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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.
Additional Questions: Global Aerospace Floor Panel Market
Q.1. What are the key market drivers, restrains, and future opportunities affecting the future market dynamics?
Q.2. What are the forward market strategies adopted by key players in the aerospace floor panel landscape to solidify their market positions?
Q.3. Out of OEM and Aftermarket, which segment would register the significant revenue generator and why?
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Table of Contents Covered in the report are:
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
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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
2.5. Supply Chain. 31
2.6. Cost Structure. 31
2.7. Pricing Analysis. 31
2.8. Raw Material Sourcing Strategy and Analysis. 32
2.9. List of Distributors. 32
2.10. Key Participants Market Presence (Intensity Map) By Region. 32
2.11. Competitive Assessment and Technology Trends in Future. 32
Chapter 3. Global Aerospace Floor Panel Market Analysis and Forecast By Aircraft Type. 33
3.1. Global Aerospace Floor Panel Market Size and Forecast By Aircraft Type, 2012-2022. 33
3.1.1. Narrow-Body Aircraft Aerospace Floor Panel Market Size and Forecast, 2012-2022. 33
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 33
3.1.1.2. Market Share Comparison, By Region. 34
3.1.1.3. Y-o-Y growth Comparison, By Region. 35
3.1.2. Wide-Body Aircraft Aerospace Floor Panel Market Size and Forecast, 2012-2022. 36
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 36
3.1.2.2. Market Share Comparison, By Region. 37
3.1.2.3. Y-o-Y growth Comparison, By Region. 38
3.1.3. Very Large Aircraft Aerospace Floor Panel Market Size and Forecast, 2012-2022. 39
3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 39
3.1.3.2. Market Share Comparison, By Region. 40
3.1.3.3. Y-o-Y growth Comparison, By Region. 41
3.1.4. General Aviation Aerospace Floor Panel Market Size and Forecast, 2012-2022. 42
3.1.4.1. Revenue (US$ Mn) Comparison, By Region. 42
3.1.4.2. Market Share Comparison, By Region. 43
3.1.4.3. Y-o-Y growth Comparison, By Region. 44
Chapter 4. Global Aerospace Floor Panel Market Analysis and Forecast By Core Material. 45
4.1. Global Aerospace Floor Panel Market Size and Forecast By Core Material, 2012-2022. 45
4.1.1. Nomex Honeycomb Aerospace Floor Panel Market Size and Forecast, 2012-2022. 45
4.1.1.1. Revenue (US$ Mn) Comparison, By Region. 45
4.1.1.2. Market Share Comparison, By Region. 46
4.1.1.3. Y-o-Y growth Comparison, By Region. 47
4.1.2. Aluminum Honeycomb Aerospace Floor Panel Market Size and Forecast, 2012-2022. 48
4.1.2.1. Revenue (US$ Mn) Comparison, By Region. 48
4.1.2.2. Market Share Comparison, By Region. 49
4.1.2.3. Y-o-Y growth Comparison, By Region. 50
Chapter 5. Global Aerospace Floor Panel Market Analysis and Forecast By End User. 51
5.1. Global Aerospace Floor Panel Market Size and Forecast By End User, 2012-2022. 51
5.1.1. OEM Aerospace Floor Panel Market Size and Forecast, 2012-2022. 51
5.1.1.1. Revenue (US$ Mn) Comparison, By Region. 51
5.1.1.2. Market Share Comparison, By Region. 52
5.1.1.3. Y-o-Y growth Comparison, By Region. 53
5.1.2. Aftermarket Aerospace Floor Panel Market Size and Forecast, 2012-2022. 54
5.1.2.1. Revenue (US$ Mn) Comparison, By Region. 54
5.1.2.2. Market Share Comparison, By Region. 55
5.1.2.3. Y-o-Y growth Comparison, By Region. 56
Chapter 6. Global Aerospace Floor Panel Market Analysis and Forecast By Region. 57
6.1. Global Aerospace Floor Panel Market Size and Forecast, 2012-2022. 57
6.1.1. North America Aerospace Floor Panel Market Size and Forecast, 2012-2022. 57
6.1.1.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 57
6.1.1.2. Revenue (US$ Mn) Comparison, By Core Material. 58
6.1.1.3. Revenue (US$ Mn) Comparison, By End User. 60
6.1.2. Latin America Aerospace Floor Panel Market Size and Forecast, 2012-2022. 61
6.1.2.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 61
6.1.2.2. Revenue (US$ Mn) Comparison, By Core Material. 63
6.1.2.3. Revenue (US$ Mn) Comparison, By End User. 64
6.1.3. Europe Aerospace Floor Panel Market Size and Forecast, 2012-2022. 66
6.1.3.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 66
6.1.3.2. Revenue (US$ Mn) Comparison, By Core Material. 67
6.1.3.3. Revenue (US$ Mn) Comparison, By End User. 69
6.1.4. Japan Aerospace Floor Panel Market Size and Forecast, 2012-2022. 70
6.1.4.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 70
6.1.4.2. Revenue (US$ Mn) Comparison, By Core Material. 72
6.1.4.3. Revenue (US$ Mn) Comparison, By End User. 73
6.1.5. APEJ Aerospace Floor Panel Market Size and Forecast, 2012-2022. 75
6.1.5.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 75
6.1.5.2. Revenue (US$ Mn) Comparison, By Core Material. 76
6.1.5.3. Revenue (US$ Mn) Comparison, By End User. 78
6.1.6. MEA Aerospace Floor Panel Market Size and Forecast, 2012-2022. 79
6.1.6.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 79
6.1.6.2. Revenue (US$ Mn) Comparison, By Core Material. 81
6.1.6.3. Revenue (US$ Mn) Comparison, By End User. 82
Chapter 7. North America Aerospace Floor Panel Market Analysis and Forecast, By Country, 2012-2022. 85
7.1. US Aerospace Floor Panel Market Size and Forecast, 2012-2022. 85
7.1.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 85
7.1.2. Revenue (US$ Mn) Comparison, By Core Material. 85
7.1.3. Revenue (US$ Mn) Comparison, By End User. 86
7.2. Canada Aerospace Floor Panel Market Size and Forecast, 2012-2022. 87
7.2.1. Revenue (US$ Mn) Comparison, By Aircraft Type. 87
7.2.2. Revenue (US$ Mn) Comparison, By Core Material. 87
7.2.3. Revenue (US$ Mn) Comparison, By End User. 88
And Continue...
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