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Aircraft Transparencies Market Projected to reach $ 1.8 billion by 2025 | Key players include PPG Industries, GE Aviation, Texstars and Nordam

08-26-2019 02:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

MarketsandMarkets

MarketsandMarkets

The report "Aircraft Transparencies Market by End Use, Application (Windows, Windshields, Canopies, Chin Bubbles, Cabin Interior), Material (Glass, Acrylic, Polycarbonate), Coating Type (ITO, Gold, Polyurethane), Aircraft Type and Region - Global Forecast to 2025", is projected to grow from USD 1.4 billion in 2019 to USD 1.8 billion by 2025, at a CAGR of 4.3% during the forecast period. Increase in aircraft deliveries is expected to be a major factor driving the market.

Browse 137 market data Tables and 37 Figures spread through 152 Pages and in-depth TOC on "Aircraft Transparencies Market - Global Forecast to 2025"
View detailed Table of Content here -
https://www.marketsandmarkets.com/Market-Reports/aircraft-transparencies-market-241023638.html

The commercial aviation segment is projected to grow at the highest CAGR during the forecast period.

By aircraft type, the aircraft transparencies market is segmented into commercial aviation, military aviation, business jets & general aviation, and helicopters. Among these, the commercial aviation segment is projected to be the fastest-growing during the forecast period. The commercial aviation sector has witnessed strong growth over the last few years. This growth can be attributed to factors such as increasing air travel, rise in disposable income of the middle-class population, and increased international trade and tourism across the globe. Strong growth in this sector has resulted in an increased number of aircraft orders to address the increasing air passenger traffic.

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The Indium Tin Oxide (ITO) segment is projected to grow at the highest growth rate during the forecast period.

By coating type, the aircraft transparencies market is segmented into Indium Tin Oxide (ITO), gold, polyurethane, and bismuth oxide. Among these, the ITO segment is projected to witness the highest growth rate during the forecast period. ITO is an optoelectronic material used widely to provide electromagnetic wave protection in the aviation industry across applications such as flat-panel displays, smart aircraft windows, polymer-based electronics, thin film photovoltaics, and aircraft glass doors.

North America is expected to lead the market for aircraft transparencies during the forecast period.

North America is estimated to account for the largest share of the aircraft transparencies market in 2019. In North America, the increase in aircraft orders and supplies is encouraging manufacturers of aircraft transparencies to increase their sales year on year. Moreover, increasing demand for commercial aircraft and presence of some of the leading players operating in the market such as PPG Industries (US), Lee Aerospace (US), Nordam (US), Texstars, Inc. (US), and GE Aviation (US) are expected to drive the growth of the aircraft transparencies market in North America. These players are focusing on R&D activities to increase their product line and are using advanced materials such as acrylic and polycarbonate for manufacturing aircraft transparencies.

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Some of the major vendors in the aircraft transparencies market include PPG Industries (US), GE Aviation (US), Texstars (US), Nordam (US), and Lee Aerospace (US).

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MarketsandMarkets™ INC.
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sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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