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Aerospace Composite Ducting Market is projected to reach US$ 815.8 million in 2023

05-01-2019 10:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Aerospace Composite Ducting Market is projected to reach US$

The research report is published in the February 2018 with 198 pages of a detailed analysis.

Launching announcement of a new research report on Aerospace Composite Ducting Market which is projected to reach US$ 815.8 million in 2023 - forecasted by Stratview Research. The study provides an in-depth analysis by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and Others), by Pressure Type (Low-Pressure Ducts and High-Pressure Ducts), by Reinforcement Type (Glass Composites, Carbon Composites, and Other Composites), by Matrix Type (Epoxy Composites, Phenolic Composites, Thermoplastic Composites, and Other Composites), by Application Type (ECS, APU, Avionics Ventilation, and Others), by Manufacturing Process Type (Mandrel Layup, Rotation Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.

Click here to read the detailed description and TOC: https://www.stratviewresearch.com/toc/244/aerospace-and-defense-composite-ducting-market.html

Aerospace and Defense Composite Ducting Market: Highlights

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 global aerospace & defense composite ducting market.

Commercial aircraft is expected to remain the growth engine of the global 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 global 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.

Get your copy of free sample pages-click here https://www.stratviewresearch.com/Request-Sample/244/aerospace-and-defense-composite-ducting-market.html

Glass fiber is the most widely used reinforcement type in the global 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 is expected to remain the largest market for global 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.

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.

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.

Report Features

The report provides diverse market intelligence with maximum business value. It gives a condemnatory understanding of the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The key features include the
->industry life cycle and the supply chain analysis of the market structure.
->SWOT analysis, Porter's five forces analysis and Growth Drivers and constraints.
->Market trend and the forecast analysis.
->Forecast of the market segment trend.
->Competitive landscape and dynamics of Market share, product portfolio, product launches, etc.
->Emerging trends of attractive market segments and associated growth opportunities
->Strategic growth opportunities for the existing and new players.
ABOUT US
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

We have a strong, experienced team of industry veterans and research analysts with a perfect blend of wisdom, knowledge and attitude. We have been serving multiple clients across a wide array of industries.

Our services cover a broad spectrum of industries including Energy, Chemicals, Advanced Materials, Automotive, and Aerospace. We provide research services at the global, regional as well as country level; key regions include Europe, APAC, NA, MEA, RoW.

We are a trusted brand in the research industry with the capability of commissioning complex projects within a short span of time with a high level of accuracy. At Stratview, we believe in building long-term relations with our
clients.

To browse through our range of reports in the Aerospace & Defence industry, refer to the following link:
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

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