Press release
Aircraft Interior Mounts Market Growth Focusing on Trends & Innovations During the Period Until 2027
Aircraft Interior Mounts Market
The aircraft mount connects the engine to the airframe or fuselage and helps in distributing the weight of the engine. Aircraft mounts are the most stressed parts on an aircraft. They are lightweight, possess high fracture toughness, and helps in maintaining high strength even at temperatures of up to 500 °C. The aircraft mount supports and isolates the airplane structure from adverse engine vibrations and reduces the noise of aircraft components. Aircraft mounts are mainly used in commercial aircraft, general aviation aircraft, and in the military aircraft such as fighter jets and military helicopters.
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COVID-19 Scenario analysis:
Due to COVID-19 situation, the production rate of industries across the globe has been hampered because of the declared lockdowns and government restrictions on public gatherings.
The demand of aircraft interior mounts is affected due to the cancellation of large number of flights across the globe to curb the transmission of the virus.
Restrictions on travel may lead to cancellation of airplane orders in near future which may affect the aircraft manufacturing companies.
The demand for spare parts is also reduced since there are no requirement as many airline’s business has been closed due to COVID-19 pandemic.
There will be a considerable rise in demand for aircraft mounts as the world starts moving toward normalcy.
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Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Growth in emphasis to enhance safety & comfort, increase in manufacturing of aviation fleets, and rise in commercial traffic are some of the factors that drive the global aircraft mounts market. However, the high material cost of mounts is hampering the market growth. The replacement of several commercial & military aircrafts and rise in aircraft backlogs are opportunistic for aircraft mounts market growth.
Growth in emphasis to enhance safety and comfort
The demand for aircraft mounts is growing with rise in demand for better flight experience. With the rise in air passenger traffic worldwide, there has been a rise in the demand for enhanced flight experience through in-flight entertainment, which is expected to contribute in growth of the aircraft mounts market.
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Rise in aircraft backlogs
Boing and Airbus reported order backlogs amounting to 12,838 commercial aircraft, corresponding to 7.1 and 8.9 years of annual production for Boing and Airbus, respectively. The increasing backlogs and the growing commercial air traffic are promoting the manufacturers to increase their manufacturing capacities, thereby boosting the growth of the interior mounts market.
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