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Aircraft Seals Market 2022 Analysis By Size, Share, Growth, Trends Up To 2031 | Trelleborg Sealing Solutions, Saint-Gobain S.A., Du Pont, Parker Hannifin Corporation, Regal Rexnord Corporation
Aircraft Seals Market
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The global Aircraft Seals market report by the business research company identifies increased demand for hybrid and electric propulsion to be a major growth driver for the Aircraft Seals market. Aircraft seals are used as a component that fills gaps between mating surfaces on civilian, military, and commercial aircraft. The innovation of modern aircraft configurations with hybrid-electric propulsion reflects the growing demand for environmentally friendly aviation and shorter travel times. These modern aircraft use hybrid and electric aircraft seals to bind assembly applications, which helps reduce the overall weight of the aircraft and fuel consumption while ensuring safety. For instance, in April 2021, Airbus created the Ascend program to demonstrate electric or hybrid-electric propulsion, combining liquid hydrogen and superconductive technologies, targeting a minimum of 50% reduction in powertrain weight and electrical losses while increasing efficiency by 5-6% compared to conventional technologies. Therefore, the increase in demand and the development of hybrid and propulsion aircraft will drive the aircraft seals market.
The global aircraft seals market size is expected to grow from $1.71 billion in 2021 to $1.80 billion in 2022 at a compound annual growth rate (CAGR) of 5.19%. The global aircraft seals market size is expected to reach $2.35 billion in 2026 at a compound annual growth rate (CAGR) of 6.81%.
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North America was the largest region in the aircraft seals market in 2021. The regions covered in the global aircraft seals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the aircraft seals market are Trelleborg Sealing Solutions, Saint-Gobain S.A., Du Pont, Parker Hannifin Corporation, Regal Rexnord Corporation, DP Seals Ltd, PPG Industries Inc, STACEM, Hutchinson SA, Technetics Group, Meggitt PLC, SKF Group, Eaton Corporation PLC, Performance Sealing Inc, Precision Polymer Engineering Limited, Rexnord Corporation, Brown Aircraft Supply Inc, Freudenberg Group, W. L. Gore & Associates Inc, Greene & Compay Inc.
The global Aircraft Seals market is segmented -
1) By Type: Dynamic Seals, Static Seals
2) By Material: Composites, Polymers, Metals
3) By Distribution Channel: OEM, Aftermarket
4) By Application: Engine System, Airframe, Avionics and Electrical System, Flight Control and Hydraulics System, Landing Gear System
5) By End User: Commercial Aircraft, Military Aircraft
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The Aircraft Seals Market Report Contents Include
1. Executive Summary
2. Aircraft Seals Market Characteristics
3. Aircraft Seals Market Trends And Strategies
4. Impact Of COVID-19 On Aircraft Seals
5. Aircraft Seals Market Size And Growth
....
27. Aircraft Seals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Seals Market
29. Aircraft Seals Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Aircraft Seals market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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