Press release
What’s driving the Aircraft Window Frame Market trends? | Key Players are Otto Fuchs KG, ACE Advanced Composite Engineering GmbH, LMI Aerospace, GKN Aerospace, PPG Industries Inc., SIFCO Industries
Aircraft Window Frame Market
3. Aircraft Window Frame Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Profit margin trends
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Pricing analysis
3.4.1. Regional pricing
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
3.4.2. Cost structure analysis
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Military segment will account for a considerable share in the aircraft window frame market. This can be attributed to the rising defense budgets across the globe. Moreover, government organizations are focusing on improving their jet fleets for improving their national security and gaining an edge during wars. For instance, in 2018, the U.S. defense budget accounted for around USD 640 billion.
Cabin window frame are anticipated to account for a significant share owing to the rising demand for narrow body aircrafts globally. The lower fares along with improved air travel routes are expected to accelerate the segment share over the projected timeframe. Moreover, the rising focus of airliners to incorporate maximum seating capacities in aircrafts for improving operational efficiencies are providing a positive outlook for the aircraft window frame market share expansion.
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North America is anticipated to dominate the aircraft window frame market share over the projected timeframe. This can be attributed to the presence of multiple aircraft manufacturers across the region along with suppliers and distributors focusing on manufacturing advanced and light weight components. Moreover, multiple research projects and programs related to the aviation industry along with the development of light weight components are further gaining prominence across the region. For instance, in 2019, GE announced the development of 3D printed aircraft components and parts for the Boeing 777x aircraft.
Few of the major industry participants in the aircraft window frame market include Otto Fuchs KG, ACE Advanced Composite Engineering GmbH, LMI Aerospace, GKN Aerospace, PPG Industries Inc., SIFCO Industries, and The Nordam Group. Long term agreements and contracts with aircraft manufacturers are few of the key strategies adopted by participants to increase their market share. For instance, in 2016, Airbus Helicopters nominated the Nordam Group for supplying window frames for its H160 helicopters.
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Rising aircraft production globally on account of improving air passenger travel along with rising demand for low cost carriers are driving the aircraft window frame market share over the projected timeframe. The rising focus on airliners to incorporate maximum seats and windows in aircrafts for improving operational efficiency are further expanding the business share over the study timeframe.
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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