Aircraft Cabin Interior Composites Market estimated to reach US$ 2,020.8 million in the forecast period (2019-2024)

The report on the Aircraft Cabin Interior Composites Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2019-2024. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aircraft Cabin Interior Composites Market is expected to reach US$ 2,020.8 million by the forecast period (2019 – 2024).

As per the report, the market is segmented by:
●by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others) – Narrow- and wide-body aircraft will remain the growth engines of the market.
●by Application Type (Floor Panels, Sidewall Panels, and Others)
●by Composites Type (Glass Fiber Composites, carbon Fiber Composites, and Others) – glass fiber composite will remain the most dominant segment of the market.
●by Process Type (Sandwich Construction, Compression Molding, and Others) – sandwich construction will remain the most dominant process segment.
●by End¬¬–User Type (OE and Aftermarket) – OE sales segment will maintain its dominance in the market.
●and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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

Highlights of the Report:
The global aircraft cabin interior composites market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation. Narrow- and wide-body aircraft are likely to remain the growth engines of the market during the forecast period. Increasing production rates of key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; an introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777x; and an increasing demand for cabin retrofit of large aircraft fleet are likely to offer a sustainable growth platform for composites in these segment in the coming years. Furthermore, the rising penetration of composites in most of the interior applications is likely to aid more growth in these segments in the coming years.

Based on the composite type, glass fiber composite is likely to remain the most dominant segment of the global aircraft cabin interior composites market during the next five years. Glass fiber composites offer a wide array of advantages including low cost, good product performance, and excellent corrosion resistance, over their rivals including aluminum and metals. Whereas, carbon fiber composite, another considerable segment, is likely to grow highest in the market during the same period, driven by its advantages over glass fiber composites including lighter in weight, higher strength-to-weight ratio, and excellent appearance.

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.

Based on the end-user type, the OE sales segment is projected to maintain its dominance in the market during the next five years. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; and upcoming aircraft programs are likely to create a strong demand for composites in cabin interiors in the OE segment in the coming years. The aftermarket segment, a relatively smaller segment, is likely to grow at a higher rate during the forecast period, owing to rising aircraft fleet size of commercial aircraft and increasing demand for advanced lightweight cabin interiors, leading to the replacement/retrofit of old cabin interiors with the advanced lightweight interiors.

Based on the regions, 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.

Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.

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Key Players of the Market
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.

Features of the Report
This 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 into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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