Aircraft Floor Panel Market estimated to reach an estimated value of US$ 515.1 million in the forecast period (2019-2024)

The report on the Aircraft Floor Panel 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 Floor Panel Market is expected to reach an estimated value of US$ 515.1 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-body aircraft will remain the largest segment of the market.
●by Core Material Type (Nomex Honeycomb, Aluminium Honeycomb, and Others) – Nomex honeycomb has been the growing choice for a wide range of usage in the aircraft industry.
●by End-User Type (OE and Aftermarket) – OE will remain the largest end-user type segment.
●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/188/aerospace-floor-panel-market.html

Highlights of the Report:
The global aircraft floor panel market is segmented based on the aircraft type: Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation. The narrow-body aircraft is expected to remain the largest segment of the market during the forecast period of 2019 to 2024. Wide-body aircraft is likely to witness the highest growth during the same period, driven by increasing demand for wide-body aircraft, such as B787 and A350XWB, in the developing economies, such as China and India.

The global aircraft floor panel market is also segmented based on the core material type as Nomex Honeycomb, Aluminum Honeycomb, and Others. The nomex honeycomb has been the growing choice for a wide range of usage in the aircraft industry including floor panel. All the major aircraft types including narrow-body and wide-body aircraft, are heavily relying on this unique material. Nomex honeycomb offers enormous advantages over competing materials, such as lightweight, exceptional stiffness and strength, good corrosion resistance, good fire resistance, good thermal stability, and excellent dielectric properties.

The global aircraft floor panel market is further segmented based on the end-user type as OE Sales and Aftermarket Sales. OE is likely to remain the larger end-user type during the forecast period, driven by increasing demand for commercial and regional aircraft across regions. Both OE and aftermarket sales segments are likely to witness healthy growth rates over the next five years.

In terms of region, North America is projected to remain the largest aircraft floor panel market during the forecast period. This region has been the pioneer in the aerospace & defense industry and is the manufacturing capital with the presence of several small- to large-sized OEMs in each aircraft category. Most of the players have manufacturing and assembly plants in North America. Additionally, all the major floor panel manufacturers for the aircraft industry are in the region to support OEMs for the development of advanced products meeting airline requirements.

Asia-Pacific is expected to witness the highest growth during the same period. The highest commercial aircraft fleet size, the opening of manufacturing/assembly plants of Boeing and Airbus, and upcoming indigenous commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ will continue to drive the Asia-Pacific’s market in the coming years.

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Key Players of the Market
Some of the major companies in the aircraft floor panel market are The Gill Corporation, Triumph Group, B/E Aerospace (now Collins Aerospace), Hexcel Corporation, EnCore Aerospace Group, and Zodiac Aerospace (now Safran S.A.).

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

Know more about us and our reports:
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