Aircraft Enclosures Market to Reach US$ 1,425.3 Million in 2024

Aircraft Enclosures Market report is a 250-page study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.

Stratview Research has published a new research report on Aircraft Enclosures Market. This extensive 250-page report by Stratview Research analyses the growth of Aircraft Enclosures Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
• Application Type: Avionics, Embedded Computing & Others
• Material Type: Aluminum, Composites & Others Enclosures
• Aircraft Type: Commercial aircraft, military aircraft etc.
• Process Type: Stamp Enclosures, Injection-Molded Enclosures, etc.
• by Region: North America, Europe, Asia-Pacific, and RoW

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/479/aircraft-enclosures-market.html

Advancement in aircraft electronics are the growth factor
The aircraft enclosures market is projected to grow at a healthy rate over the next five years to reach US$ 1,425.3 million in 2024. Organic growth of the aircraft production to support the rising passenger and freight traffic, increasing demand for lightweight enclosures, increasing use of avionics in the next-generation aircraft, and advancement in aircraft electronics are some of the key factors that are proliferating the demand for enclosures in the aircraft industry.

Commercial aircraft is likely to remain the growth engine
The 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. Increasing production rates of the key aircraft programs, increasing preference of composite enclosures, high focus on passenger safety, and increasing use of avionics are some key factors, which are likely to aid growth to the segment’s demand for enclosures in the coming years.

Avionics segment to remain most dominant application
Based on the application type, the market is segmented as Avionics, In-Flight Entertainment, Embedded Computing, and Others. The avionics segment is likely to remain the most dominant application type in the aircraft enclosures market over the next five years. Airlines are increasingly seeking to refurbish aging fleets, with a sharp focus on greater fuel economies, reducing CO2 emissions, newer navigation equipment, and flight management systems enabled for connectivity.

Development in avionics subsystems such as the enhanced vision system (EVS), automatic dependent surveillance-broadcast (ADS-B), attitude heading reference system (AHRS) and automated flight control can be one the reason to drive the aircraft enclosures market.
Table Of Contents: https://www.stratviewresearch.com/toc/479/aircraft-enclosures-market.html

Aluminum enclosure is estimated to maintain its dominance
Based on the material type, the market is bifurcated into Aluminum Enclosures, Composite Enclosures, and Other Enclosures. Aluminum enclosure is estimated to maintain its dominance in the market in the foreseen future, owing to its superior mechanical, thermal, and electrical properties. However, composite enclosure is set to grow at the highest rate over the same period. Composite enclosure brings several advantages to the table including lightweight, durable, and ability to mold in complex shapes. Composite enclosures can be easily customized with shielding, circuit traces, embedded antennas, and other components.

North America to remain the largest market
North America is set to remain the largest market during the forecast period. The USA is the growth engine of the North American aircraft enclosures market. Presence of major aircraft manufacturers and tier players primarily drive the demand for 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 enclosure over the next five years.

Top market players
The key aircraft enclosure manufacturing companies are Carlisle Interconnect Technologies Inc., Garmin Ltd., Collins Aerospace, Ducommun Incorporated, Honeywell International Inc., Thales S.A., and TE Connectivity. Development of lightweight, compact size enclosures and collaboration with OEMs and system suppliers for the joint development of enclosure are some of the strategies adopted by the major players in order to gain a competitive edge in the market.

Why Stratview Research
Our 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:
● Aircraft Enclosures Market overview, industry life cycle analysis, supply chain analysis
● Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend (2013 – 2018) and forecast analysis (2019-2024) of each segment.
● Competitors’ market share, product portfolio and new launches.
● Growth opportunities in each segment.
● Emerging trends which will decide the future course of development.
● Strategic growth opportunities for the existing and new players
● Key success factors.

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