C4ISR Systems Market is Likely to reach an estimated US$ 112.5 billion in the coming Years

Stratview Research has launched a new research report on C4ISR Systems Market. The report segments the market in the most intelligent way, giving a holistic and detailed view of the market.

The forecast of the market size has been segmented by –
• by platform Type (Land, Airborne, and Others)
• by Application Type (Command and Control, Communication, and Others)
• by Solution Type (Products and Services)
• by End-User Type (Defense, and Commercial)
• and by Region
o North America (Country Analysis: The USA, Canada, and Mexico)
o Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
o Asia-Pacific (Country Analysis: China, India, Japan, South Korea, and Rest of Asia-Pacific)
o Rest of the World (Sub-Region Analysis: The Middle East, Latin America, and Others)

The objective of this report is to identify the Trend, Forecast, Competitive
Analysis, and Growth Opportunity of C4ISR Systems market.

Years considered for this report –
 base year 2018
 trend period 2012 – 2017
 forecast period 2018 – 2023

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Fasteners have a very large share in hardware components

Fasteners are one of the most critical components in the aircraft industry as they play a vital role in achieving tight assembly of aircraft parts. Fasteners have a very large share in hardware components used in an aircraft, as about 45%-50% of the components used in an aircraft are fasteners. For instance; Airbus’ A380 aircraft has six million components out of which more than three million are fasteners. Most of the fasteners used in an aircraft have to be treated with a layer of coating which is also termed as plating. Fasteners are being placed in very critical application areas, which are prone to temperature fluctuations and corrosion environments.

Fasteners deployed in an aircraft usually don’t have the capability to act against stress-corrosion, electrochemical corrosion, fatigue corrosion, chemical and atmospheric corrosion, withstanding temperature extremes, and maintain strength throughout their lifespan. This creates a strong need for coated fasteners in order to protect and sustain in various environmental conditions. There are various types of coatings used on aircraft fasteners, which are usually different from the coatings, such as epoxy and polyurethane coatings, used on aircraft components.

Organic growth of aircraft industry

The aircraft fastener coatings market is projected to grow at a healthy rate over the next five years and reach an estimated value of US$ 1,182.0 million in 2023. Organic growth of aircraft industry is the primary driver of the sustainable demand for fastener coatings. Boeing anticipated that there would be total deliveries of 40,410 commercial aircraft worth US$ 6.24 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for commercial aircraft. Growing aircraft fleet size is another factor elevating the demand for fastener and coating materials for them.

Increasing production rates

In addition to that, Boeing and Airbus had a combined total order backlog of 13,129 commercial aircraft at the end of 2017. However, manufacturers are increasing production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients for a shorter period of time. Also, they have been introducing fuel-efficient variants of their best-selling aircraft programs with the purpose to address the biggest requirement of the airline industry, which is the fuel-efficient aircraft.

The substitute materials of fasteners

However, growing usage of composites in next-generation aircraft is demanding adhesives and special bonding techniques, the substitute materials of fasteners. This is corresponding to a lower demand for fasteners in the industry and so are coatings used for it. Furthermore, production of these composite rich aircraft, mainly B787 and A350XWB, is increasing that is sharpening its impact on the demand for fasteners and their coating materials.

Commercial aircraft to remain the largest aircraft

The market is segmented based on the aircraft type as Commercial aircraft, Regional aircraft, General aircraft, Helicopter, and Military aircraft. Commercial aircraft is likely to remain the largest aircraft type in the market during the forecast period. The aircraft type is also likely to witness the highest growth during the same period. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; upcoming aircraft programs or introduction of variants of existing programs, such as B737max and COMAC C919; and rising commercial aircraft fleet are the major factors that are driving the demand for fastener coatings in the segment.

Cadmium coating to remain the most dominant

Based on the coating type, the market is segmented as cadmium coating, dry lubricant, silver coating, aluminum coating (IVD aluminum), and others. Coating material for fasteners is largely dependent on the materials and application where it is used. Cadmium coating is likely to remain the most dominant segment of the market over the next five years. It is only permitted for some applications in aircraft and for some other industries, but it is severely restricted in many countries. Cadmium offers a wide array of advantages including high corrosion resistance, good conductivity for EMI shielding, electrical bonding and lightning strike protection, and inherent lubricity that reduces galling. Dry lubricant, another considerable segment, is likely to witness an impressive growth rate in the market during the same period, driven by a host of factors, such as excellent ability to work in extreme temperatures, good thermal break down, and reduction of friction between surfaces in the extreme environment.

Aerostructure is projected to maintain its dominance

Based on the application type, aerostructure is projected to maintain its dominance in the market over the next five years. The manufacturing and assembly of aerostructure parts alone require millions of fasteners. There is a need for coatings on these fasteners to protect them from the external environment and to retain their strength for the long run. Different applications require different coating types for fasteners depending upon the performance requirement. For instance, engine application requires coating on fasteners that can withstand harsh environmental conditions at elevated temperature.

Spray coating process dominates the market

Based on the process type, the spray coating process dominates the market
and is projected to maintain its dominance during the forecast period as well. The process has great dispersion with the coating materials, which enables the application of a very thin but tough coating layer. Electroplating, another considerable segment, is likely to depict a good growth in the market during the same period. Some other key processes include dip coating and spin coating.

North America to remain the largest market

Based on region, North America is projected to remain the largest market during the forecast period. The region is the manufacturing capital of the aerospace industry with the presence of several large- to small-sized OEMs, tier players, distributors, fastener manufacturers, and airline companies. The USA is the growth engine of the region’s market and has the presence of almost all major aircraft OEMs including Boeing, Airbus, Cessna, Lockheed Martin, and Gulfstream.

Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size. Major Asian economies, such as China, India, and South Korea, have incessantly been raising their defense budget in order to advance their defense capabilities. This trend is impacting the demand for fasteners for OE as well as aftermarket.

Top Market players

Most of the major players are focusing on the development of innovating systems addressing the existing as well as upcoming market requirements. At the same time, they have been forming strategic alliances including mergers & acquisitions, joint ventures, and collaborations, to remain competitive and quickly gain the market share. Excellent track record of major players helps them in establishing good customer relations by securing long-term contracts.

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 C4ISR Systems 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 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.

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