The Market of Aircraft Potted-In Inserts to experience an impressive growth of 5.4% CAGR during 2019-2024

The new report of Stratview Research analyses the Aircraft Potted-In Inserts market over the trend period from 2013 to 2018 and forecast period from 2019 to 2024. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
• Strategic segmentation
• Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Detailed Competitive Rivalry landscaping
• Market trend and forecast analysis
• Future Growth Boulevards

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An overview: The demand for lightweight Inserts and sandwich panels

The aircraft potted-in inserts market offers sizeable growth opportunities in the coming years and is likely to grow at a projected CAGR of 5.4% over the next five years. Increasing commercial and regional aircraft deliveries, increasing the share of wide-body aircraft in total commercial aircraft deliveries, increasing commercial and regional aircraft fleet size, increasing demand for lightweight sandwich panels, and increasing demand for lightweight inserts are the key factors that are driving the demand for potted-in inserts in the aircraft industry. Potted-in inserts are likely to remain the most preferred insert type for sandwich panels in the aircraft industry in the foreseeable future.

Narrow- and Wide-body aircraft: The growth engine

The aircraft potted-in inserts market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large-Body Aircraft, Regional Aircraft, and General Aviation. Narrow- and wide-body aircraft are expected to remain the growth engines of the aircraft potted-in inserts market during the forecast period of 2019 to 2024. Increasing production rates of the key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; and an introduction of variants of existing aircraft programs, such as B737 max, A320neo, and B777x, are likely to offer a sustainable growth platform for potted-in inserts in these segments in the coming years.

Dominance of: Floor panel and Aluminum

On the basis of application type, the aircraft potted-in inserts market is segmented as Floor Panels, Sidewall Panels, Ceiling Panels, Stowage Bin Panels, Galley Panels, Lavatory Panels, Control Surface Panels, Fairing Panels, and Others. Floor panel is likely to remain the largest segment of the global potted-in inserts market in the aircraft industry during the forecast period. The large floor area of approximately 250.0 square meters (wide-body aircraft) coupled with increasing demand for potted-in inserts for panels in the aftermarket will continue to drive the growth of the segment over the next five years.

The aircraft potted-in inserts market is also segmented based on the material type as Aluminum, Steel, Plastics, and Others. Aluminum is likely to maintain its dominance in the global aircraft potted-in inserts market during the forecast period. Aluminum offers a host of advantages over competing metals including good corrosion resistance, excellent mechanical properties, and lightweight and has widespread usage in the fuselage, control surfaces, interior, engine, and other segments.

A highly/moderately/fragment consolidated Market

The key players in the global potted-in inserts market are PCC Fasteners (Shur-Lok Company), Arconic Fastening System, Lisi Aerospace, Witten Company Inc., and The Young Engineers. New product development and long-term supply agreements are the key strategies adopted by the key players to gain a competitive edge in the market.

Regional Hegemony of North America & the dominance of Nomex honeycomb panel

Based on the regions, North America is expected to remain the largest aircraft potted-in inserts market during the forecast period. The region is also expected to experience healthy growth during the same period. The region is the manufacturing capital of the aircraft industry with the presence of several large- to small-sized aircraft OEMs, tier players, panel manufacturers, insert manufacturers, distributors, and raw material suppliers.

In terms of the panel type, the aircraft potted-in inserts market is segmented as Nomex Honeycomb Panels, Aluminum Honeycomb Panels, and Others. Nomex honeycomb panel is likely to remain the largest segment of the aircraft potted-in inserts market during the forecast period, owing to superior FST performance and higher strength-to-weight ratio. It is also lighter in weight as compared to other panels, such as aluminum honeycomb and balsa wood panels.

Comprehensive Market Coverage

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This release was published on openPR.