Press release
USD 250.5 Million Aircraft Window Frame Market Value Cross by 2031 | Top Players such as - ACE Advanced Composite Engineering GmbH, Aerospace Plastic Components
According to a new report published by Allied Market Research, titled, "Aircraft Window Frame Market," The aircraft window frame market was valued at $136.30 million in 2021, and is estimated to reach $250.5 million by 2031, growing at a CAGR of 6.3% from 2022 to 2031.The concept of the aircraft window frame is typically attributed to the window frame, which includes a laminated outer rim and the inner band having a central aperture for receiving a window pane. It is primarily used in windshields and passenger cabin windows to provide rigidity to the windows. Currently, the surge in demand for composite materials used in the manufacturing of aircraft window frames is the key factor that drives the growth of the aircraft window frame market.
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For instance, manufacturers use "Lexan polycarbonate", a lightweight window frame material that is relatively strong and has decent optical properties. Also, major commercial aircraft OEMs, Boeing and Airbus, have worked with material suppliers and parts fabricators and developed composite window frames for their next-generation aircraft, B787 and A350XWB. Composite window frames offer superior damage tolerance and have almost 50% lower weight compared to traditional aluminum frames.
In addition, the aircraft window frame market has witnessed significant growth in recent years, owing to the rise in the demand for large windows for enhanced passenger experience and a surge in the number of aircraft deliveries. Major countries such as Canada, U.S., Brazil, Indonesia, Philippines, China, Saudi Arabia, and India witness a rise in the number of air passengers and aircraft deliveries. For instance, according to the Bureau of transportation, in October 2021, U.S. Airlines' passengers increased by 119% from October 2020. According to International Air Transport Association (IATA), passenger numbers could double to 8.2 billion in 2037 at a 3.5% compound annual growth rate (CAGR). Thus, increase in aircraft production during the forecast period owing to the rise in air traffic is expected to drive the growth of the aircraft window frame market.
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KEY FINDINGS OF THE STUDY :
By aircraft type, the regional and business jet segment is projected to dominate the global aircraft window frame market in terms of growth rate.
By product type, the cockpit segment is projected to dominate the global aircraft window frame market in terms of growth rate.
By material type, the composite window frame segment is projected to dominate the global aircraft window frame market in terms of growth rate.
By application, the cargo aircrafts segment is projected to dominate the global aircraft window frame market in terms of growth rate.
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The leading players operating in the aircraft window frame market are ACE Advanced Composite Engineering GmbH
Aerospace Plastic Components
Bayern Innovativ
Control Logistics Inc.
Gentex Corporation
GKN Aerospace Services Limited
Lee Aerospace
LP Aero Plastics Inc.
Perkins Aircraft Windows
Plexiweiss GmbH
PPG Industries, Inc.
Saint-Gobain S.A.
SIFCO Industries Inc.
Skyart
Tech-Tool Plastics
The Nordam Group LLC
Llamas Plastics, Inc.
Read More- https://www.globenewswire.com/news-release/2022/10/11/2531418/0/en/Aircraft-Window-Frame-Market-to-Garner-250-5-Million-by-2031-Allied-Market-Research.html
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Wireless Infrastructure Market https://www.alliedmarketresearch.com/wireless-infrastructure-market-A31876
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
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