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The Aircraft Cabin Interior Composites Market to experience an impressive growth to reach US$ 2,020.8 million in 2024

08-30-2019 12:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

The Aircraft Cabin Interior Composites Market to experience

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Aircraft Cabin Interior Composites Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Aircraft Cabin Interior Composites Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/332/Aircraft-Cabin-Interior-Composites-Market.html

Aircraft Cabin Interior Composites Market Insights
Aircraft cabin is one of the most discussed subjects of the airline industry today as airlines’ requirement for aesthetically pleasing, compact, and innovative aircraft cabin interiors show no signs of abating. One side, volatile crude oil prices severally plummet the overall margin of airlines, whereas, another side, rapidly changing expectations of customers demand airlines to keep upgrading aircraft interiors, which again adversely impact the overall margin of airlines. Low-cost carriers are demanding an aircraft that has a maximum space for seating to generate more revenues per journey, whereas, premium airlines targeting high-end customers would like to offer extraordinary passengers’ comfort in order to give an excellent customer delight. However, both types of carriers want to maintain the value as well as to generate the maximum returns; thus, wanting a cabin interior that is as light as possible and occupies minimal space and energy.

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
Dissection by Segments
Application Type Floor Panels, Sidewall Panels etc.
Composites Type Glass Fiber Composites & Others Composites
Aircraft Type Narrow-Body Aircraft, Wide –Body Aircraft etc.
Process Type Sandwich Construction & Other Processes
End-User Type OE & Aftermarket
by Region North America, Europe, Asia-Pacific, and RoW

The Growth Prognosis & its Drivers
The global aircraft cabin interior composites market is projected to grow at a healthy rate over the next five years to reach US$ 2,020.8 million in 2024. An organic growth of the aircraft industry is the primary driver of the sustainable demand for composites in aircraft cabin interiors. Boeing anticipated that there would be total deliveries of 41,410 commercial aircraft worth US$ 6.25 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. This factor will create a sustainable demand for composite parts for cabin interiors globally in the foreseeable future.

The Hegemony of Diehl Aerosystems.
The key cabin interior companies are AIM Altitude Limited (AVIC International), Collins Aerospace, Diehl Aerosystems, FACC AG, Jamco Corporation, The Gill Corporation, The Nordam Group, Inc., Triumph Group Inc., and Zodiac Aerospace (Safran). The key aircraft OEMs are Boeing, Airbus, Bombardier, ATR, Embraer, COMAC, Irkut, Sukhoi, Cessna, and Gulfstream.

Table Of Contents:https://www.stratviewresearch.com/toc/332/Aircraft-Cabin-Interior-Composites-Market.html

The undisputed Dominance of the North America
North America is projected to remain the largest market during the forecast period, driven by both OE as well as aftermarket segments. 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, and Gulfstream. Rising commercial aircraft fleet size is likely to further boost the overall demand for composite parts in aircraft cabin interiors in the foreseeable future.

Emerging Trends: Compression molding, injection molding
Based on the process type, sandwich construction is the most widely preferred manufacturing process in the market and is likely to remain the most dominant process during the forecast period. It is considered an ideal process for producing flat composite panels for aircraft interiors as well as exteriors. Most of the composite parts for aircraft cabin interiors, such as lavatory and floor panels, are largely made through the sandwich construction process. Compression molding, injection molding, and plaster mandrel are major processes used to fabricate composite parts for aircraft cabin interiors. They also offer sizeable growth opportunities in the coming years.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

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Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

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