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Aerospace Floor Panel Market: Material Innovations and a Monumental Shift towards Additive Manufacturing Likely to Drive Sales || Key Players: Rockwell Collins, Avcorp Industries, The Gill Corporation, EnCore Group and NORDAM Group. 

03-25-2019 12:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Aerospace Floor Panel Market: Material Innovations and

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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Aerospace 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.

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.

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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

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. 

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. 

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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