openPR Logo
Press release

Aerospace & Defense Composite Ducting Market Forecasted to Reach US$ 815.8 million in 2023

03-04-2019 12:29 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Aerospace & Defense Composite Ducting Market Forecasted

Stratview Research has launched a research report on Aerospace & Defense Composite Ducting Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace & Defense Composite Ducting Market from 2018 to 2023.

This 198-page report is segmented in seven ways to provide a 360-degree holistic view. The segments are –
• by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
• by Pressure Type (Low & High-Pressure Composite Ducts)
● by Application Type (Environment Control System, Auxiliary Power Unit, and Others)
• by Reinforcement Type (Glass & Carbon Fiber Composites, and Others)
• by Matrix Type (Epoxy Composites, Phenolic Composites, and Others)
● by Manufacturing Process Type (Autoclave, Out of Autoclave, and Others)
● and by Region
○ North America
○ Europe
○ Asia-Pacific
○ Rest of the World

Stratview Research, has presented the study of Aerospace & Defense Composite Ducting 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.

The key composite ducting manufacturers for the aerospace & defense industry are Senior Aerospace, Triumph Group, ITT Corporation, Parker Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia North America. New product development, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by the major players to gain a competitive edge in the market.

Go through the detailed scope: https://www.stratviewresearch.com/toc/244/aerospace-and-defense-composite-ducting-market.html

Or

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/244/aerospace-and-defense-composite-ducting-market.html

Increasing production rates of major aircraft programs

The aerospace & defense composite ducting market is projected to reach US$ 815.8 million in 2023. Increasing production rates of major aircraft programs, such as A320 family, A350XWB, B737, and B787; upcoming aircraft and introduction of variants of the existing aircraft platforms, such as C919, MC-21, B737 Max, and A320neo; continuous shift from metal ducts to composite ducts to achieve greater fuel efficiency; an advancement in the ducting technology; and growing aircraft fleet size are major growth drivers of the aerospace & defense composite ducting market.

Commercial aircraft to remain the growth engine in the market

Commercial aircraft is expected to remain the growth engine of the aerospace & defense composite ducting market during the forecast period. This aircraft segment is also expected to witness the highest growth over the next five years, driven by increasing production rates of key aircraft programs, such as B737, A320, B787, and A350 and continuous shift from metal ducts to composite ducts in both low-pressure and high-pressure applications. Regional aircraft is also projected to witness an impressive growth during the same period.

Low-pressure applications currently dominate the aerospace & defense composite ducting market. Composite ducting is widely preferred in the low-pressure applications throughout the entire breadth of fixed and rotary wing aircraft types and offers several advantages, such as lightweight, an excellent strength, thermal resistance, and ability to mold complex shapes.

Glass fiber is the most widely used reinforcement type

Glass fiber is the most widely used reinforcement type in the aerospace & defense composite ducting market and is expected to remain the largest reinforcement type over the next five years. This fiber type is highly preferred in low-pressure applications, such as cabin air recirculation and cabin sidewall riser as it offers good mechanical performance at a relatively lower cost. Epoxy, phenolic, and thermoplastic resins are used along with the glass fibers to manufacture ducting. Carbon fiber is likely to witness the highest growth over the next five years.

North America to remain the largest market

North America is expected to remain the largest market for aerospace & defense composite ducting over the next five years. This region is the manufacturing hub of the advanced composites industry with the presence of several large- to small-sized part fabricators, prepreggers, and raw material suppliers. Boeing, Bombardier, and Lockheed Martin are major aircraft manufacturers in North America. Asia-Pacific is likely to experience the highest growth during the forecast period, driven by the demand for composite ducting in upcoming commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ.

Supply chain

The supply chain of this market comprises raw material manufacturers, composite ducting manufacturers, Engine OEMs, and aircraft OEMs, and airline companies. The key aerospace engine manufacturers are CFM, GE Aviation Engines, and Pratt & Whitney and key aircraft OEMs are Boeing, Airbus, Lockheed Martin, Bombardier, Embraer, ATR, Cessna, and Gulfstream.

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 Aerospace & Defense Composite Ducting 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-reports/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.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aerospace & Defense Composite Ducting Market Forecasted to Reach US$ 815.8 million in 2023 here

News-ID: 1629567 • Views:

More Releases from Stratview Research

Sustainable Footwear Market offers good growth opportunities post COVID-19
Sustainable Footwear Market offers good growth opportunities post COVID-19
The Sustainable Footwear Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Sustainable Footwear Market Forecast: Sustainable Footwear Market is likely to witness an impressive Healthy CAGR of 5.8% during the forecast period. Stratview
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
The Surgical Apparel Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Surgical Apparel Market Forecast: Surgical Apparel Market is likely to witness an impressive Healthy CAGR of 6.1% during the forecast period. Stratview
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-2026
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-20 …
The Spandex Fiber Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Spandex Fiber Market Forecast: Spandex Fiber Market is likely to witness an impressive Healthy CAGR of 7.1% during the forecast period. Stratview
Smart Plantation Management Systems Market Intelligence Report Offers Insights on Growth Prospects 2021-2026
Smart Plantation Management Systems Market Intelligence Report Offers Insights o …
The Smart Plantation Management Systems Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Smart Plantation Management Systems Market Forecast: Smart Plantation Management Systems Market is likely to witness an impressive Healthy CAGR of

All 5 Releases


More Releases for Composite

Assured Composite® Presents the Best of Composite Decking
Assured Composite® ensures customer happiness by providing high-quality wood plastic composite decking, to consumers across the United Kingdom and beyond. Leicestershire, England - UK | January 25, 2022 -- Customer satisfaction is ensured by Assured Composite®, which provides high-quality wood plastic composite decking, to customers in the United Kingdom and beyond. Because of their forward-thinking staff's attention to efficiency, quality, and customer service, customers can anticipate a hassle-free end-to-end solution at
Global Wind Turbine Composite Materials Market, Global Wind Turbine Composite Ma …
The wind turbine composite material forms an important component of wind turbine for the production of turbine rotor blade. This composite material is made up of matrix & fiber to provide physical strength and distributes loads in composite. The matrix material acts as a binder and maintains spacing of the fiber material, therefore protecting the fiber from environmental & abrasion damage. The composite material manufactured from the fortification of matrix
Composite Kitchen Sinks Market
Dulcimer Instruction Market The Global Dulcimer Instruction Market 2019 Research Report incorporates a total and careful investigation of Dulcimer Instruction industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Dulcimer Instruction development patterns, assortment of uses, use volume, request and supply examination, creation limit and Dulcimer Instruction industry cost structures amid Forecast period from 2019 to 2025. The report titled Global Dulcimer Instruction Market 2019
Global Composite Springs Market 2018-2025 MW Industries, Liteflex LLC, IFC Compo …
Market study on Global Composite Springs Market 2018 Research Report presents a professional and complete analysis of Global Composite Springs Market on the current market situation. Report provides a general overview of the Composite Springs industry 2018 including definitions, classifications, Composite Springs market analysis, a wide range of applications and Composite Springs industry chain structure. The 2018's report on Composite Springs industry offers the global Composite Springs development history,
Competitive Scenario: Carbon Fiber Composite Market By Key Players: Aeron Compos …
Qyresearchreports include new market research report Carbon Fiber Composite to its huge collection of research reports. This report studies the global Carbon Fiber Composite market status and forecast, categorizes the global Carbon Fiber Composite market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central &
Aluminum Composite Panels Market Potential 2017-2025 : Alubond USA, Alcoa, and 3 …
Global Aluminum Composite Panels Market: Overview The global aluminum composite panels market is foretold to achieve the spotlight due to increasing demand for the fire-resistant variety. As consumers become conscious about their personal and property’s safety, fire-resistant aluminum composite panels could gain more demand, especially because of the need for protection against fire in enclosed spaces such as buildings. Moreover, other attributes of regular aluminum composite panels are not said to