Aircraft Composite Enclosures Market is Likely to reach US$ 199.0 million in the coming Years

Stratview Research has launched a new research report on Aircraft Composite Enclosures Market. Published on Jun, 2018, this 261-page report segments the market in six ways to provide a 360-degree holistic view.

The forecast of the market size has been segmented by –
● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
● by Shielding Type (Shielded Enclosures, and Others)
● by Resin Type (PPS Composites, PEEK Composites, and Others)
● by Fiber Type (Carbon Fiber Composites, and Glass Fiber Composites)
● by Process Type (Injection Moulding, and Others)
● and by Region

o North America (Country Analysis: The USA, Rest of North America)
o Europe (Country Analysis: France, Germany, the UK, and Rest of Europe)
o Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
o Rest of the World (Country Analysis: Latin America, the Middle East, and Others)

The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft Composite Enclosures market.
Years considered for this report –
 base year 2018
 trend period 2012 – 2017
 forecast period 2018 – 2023

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Organic growth of aircraft production

The aircraft composite enclosures market is projected to grow at a healthy rate over the next five years to reach US$ 199.0 million in 2023. Organic growth of aircraft production to support the rising passenger and freight traffic, an increased preference for composite parts over traditional metallic ones, and an increasing use of avionics in the next-generation aircraft are some of the key factors that are proliferating the demand for composite enclosures in the aircraft industry.

Enclosures in an aircraft are cases or cabinets used to protect critical electronic components. Reduction in thermal loads, protection against aircraft fluids, protection from the environment, and shielding against EMI as well as static electricity are some essential functions performed by enclosures situated in an aircraft.

Switching from traditional metallic components to composite ones is one
The aircraft industry has always been looking for different ways to reduce carbon emissions and to improve fuel economy. Switching from traditional metallic components to composite ones is one such way to achieve the requirements. A similar trend has also been observed in aircraft enclosures. Metallic enclosures are predominantly used in the aircraft industry, owing to their superior mechanical, thermal, and electrical properties; however, these enclosures are prone to corrosion and bring excess weight to an aircraft. The industry is keen to adopt composite enclosures which are not only lighter in weight as compared to metallic enclosures but also offer higher thermal loads and carry electrical properties.

Commercial aircraft to remain the growth engine

The aircraft composite enclosures market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, Military Aircraft, and Others. Commercial aircraft is likely to remain the growth engine of the market during the forecast period. Increase in the production rates of key aircraft programs, stringent emission norms for reducing carbon emissions, increase in the use of avionics in the aircraft, and rising penetration of composites are likely to aid growth to the segment in the coming years.

PPS is likely to remain the most dominant resin type segment

Based on the resin type, PPS is likely to remain the most dominant resin type in the aircraft composite enclosures market over the next five years. The resin type offers good dimensional stability even at an elevated temperature and in the harsh chemical environment. It also helps in molding complex parts with very tight tolerances and has an outstanding resistance to a wide variety of aggressive chemical environments and stability of dielectric and insulating properties over a wide range of conditions.

Carbon fiber composite is likely to remain the fastest-growing

Based on the fiber type, carbon fiber composite is likely to remain the fastest-growing segment of the market over the next five years, driven by its long list of advantages including lightweight, higher strength-to-weight ratio, good EMI performance, and better aesthetics. Glass fiber composites also offer a wide array of advantages including low cost, low weight, good product performance, and excellent corrosion resistance, over their rivals including aluminium and other metallic enclosures.

Injection molding is the most widely preferred manufacturing process

Based on the process type, injection molding is the most widely preferred manufacturing process in the market and is likely to remain the most dominant process during the forecast period as well. It is considered to be an ideal process for mass-volume applications and has the ability to develop complex shapes in a very short cycle time with very fewer scrapes.

shielded enclosure to remain the larger segment

Based on the shielding type, the shielded enclosure is likely to remain the larger segment of the aircraft composite enclosures market during the forecast period. EMI shielded composite enclosures provide a combination of reflection and absorption of energy. The radiated energy from internal electronics is absorbed and dissipated in the shielded composite enclosures.

North America to remain the largest market

Based on regions, North America is projected to remain the largest market during the forecast period. The USA is the growth engine of the North American aircraft composite enclosures market. Presence of major aircraft manufacturers, tier players, and enclosure manufacturers primarily drive the demand for composite enclosures in the country. The country is not only the largest market in North America, but it is also the largest market in the world. Asia-Pacific is likely to depict the highest growth during the same period, driven by China, India, and Japan. All these three countries would remain the growth engines of the region’s market for aircraft composite enclosure over the next five years.

Top market players

The supply chain of this market comprises raw material suppliers, composite enclosure manufacturers, avionics suppliers, aircraft OEMs, and airlines. Major composite enclosure manufacturing companies are TE Connectivity, Kaman Aerospace (Vermont Composites Inc), Carlisle Interconnect Technologies, AIM Aerospace, Automated Dynamics, and Connective Design Inc. The development of lightweight enclosures and collaborations with OEMs for the joint development of enclosures are some of the strategies adopted by the major players in order to gain the competitive edge in the market.

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 global Aircraft Composite Enclosures market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
 Extensive secondary research,
 Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
 Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
 More than 700 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.

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