The Future of Aerospace Pressure Bulkheads Market in the forecast period (2019-2024) as predicted by Stratview Research
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This report, from Stratview Research, studies the global aerospace pressure bulkheads market over the trend period from 2013 to 2018 and the forecast period from 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aircraft Type Segment
The market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large-Body Aircraft, Regional Aircraft, and Business Jet. Narrow-body aircraft is expected to remain the largest segment of the global aerospace pressure bulkheads market during the forecast period of 2019 to 2024, whereas wide-body aircraft is expected to experience the highest growth during the same period. Increasing commercial aircraft deliveries to support rising passenger and freight traffic, introduction of fuel-efficient next-generation aircraft, and rising commercial aircraft fleet size across regions are the key factors propelling the demand for pressure bulkheads in the segment.
Material Type Segment
Based on the material type, the is segmented as Metal Pressure Bulkheads and Composite Pressure Bulkheads. Metal pressure bulkhead is projected to remain the most dominant segment of the market over the next five years as well. Metal pressure bulkheads, generally aluminum, have an excellent strength-to-weight ratio and are easy to repair as compared to composite ones. Low cost is another key countable factor for its preference over composite pressure bulkheads.
Shape Type Segment
Based on the shape type, the market is segmented as Flat-shaped Bulkheads and Curved-Shaped bulkheads. Flat pressure bulkhead is projected to remain the most dominant segment of the market over the next five years. Pressure bulkhead structure is highly dependent upon the structure of an aircraft. Rear pressure bulkheads are generally curved, whereas the front ones are flat; however, Boeing, in its major program B737, has replaced curved pressure bulkhead to flat one in the rear location in order to increase more cabin space and add more seats.
Region Wise Segment
In terms of region, North America is projected to remain the largest market during the forecast period as the region is the manufacturing capital of the aerospace industry with the presence of several large- to small-sized aircraft OEMs and tier players. The USA would remain the growth engine of the North American market. North America is the hub of the major pressure bulkhead manufacturers, such as Triumph Group, Inc., Bombardier Inc., and Spirit AeroSystems GmbH.
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Highlights of the Report:
The pressure bulkheads market for the aerospace industry is estimated to grow at an above industry growth rate over the next five years to reach an estimated value of US$ 505.5 million in 2024. The market is served by aircraft OEMs producing bulkheads in-house for some of their bulkheads as well as independent suppliers/tier players producing bulkheads for different aircraft OEMs. Major aircraft OEMs, such as Airbus and Bombardier, are producing pressure bulkheads, generally front one, for some of their aircraft programs. Also, major tier players including Spirit AeroSystems and RUAG, are also present in the market, primarily producing rear pressure bulkheads. However, tier players also produce front pressure bulkheads.
The supply chain of this market comprises raw material suppliers, pressure bulkhead manufacturers, distributors, Aircraft OEMs, airline companies, aircraft leasing companies, and MRO companies. The key pressure bulkhead manufacturers are Airbus Group, Bombardier Inc., Spirit AeroSystems GmbH, RUAG Holding AG, Premium AEROTEC GmbH, Kawasaki Heavy Industries, Ltd., and Aernnova Aerospace S.A. Development of lightweight pressure bulkhead, collaboration with OEMs, and formation of long-term contracts are the key strategies adopted by the major players to gain a competitive edge in the market.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
Know more about us and our reports:
Stratview Research is known to offer its insightful reports and custom researches in some of important industry sectors such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Whether it is collection of data or analysis of the trends, the expert team makes sure to put in its best efforts to come up with the best results for the interested clients.
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