Aircraft Composite Enclosures Market is Forecasted to Reach US$ 208 million in 2027, Says Stratview Research

The global aircraft composite enclosures market is projected to witness a growth rate of 11.2% annually from 2022 to 2027, with an anticipated size of US$ 208 million by 2027, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft composite enclosures market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/342/Aircraft-Composite-Enclosures-Market.html#form

Report Highlights:
Market Size in 2027: US$ 208 million
Growth (CAGR): 11.2% during 2022-2027
Forecast Period: 2022-2027
Trend Period: 2016-2020
Base Year: 2021
Number of Segments Covered: 6
Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Composite Enclosures Market:
The global aircraft composite enclosures market is segmented based on aircraft type, shielding type, resin type, fiber type, manufacturing process type, and region.

Based on aircraft type - The market is bifurcated into commercial aircraft, regional aircraft, military aircraft, and others. Commercial aircraft is likely to remain the growth engine of the market during the forecast period. An expected increase in the production rates of key aircraft programs, stringent emission norms for reducing carbon emissions, an increase in the use of avionics in aircraft, and rising penetration of composites are likely to aid the growth of the segment in the coming years.

Based on the shielding type - The market is segmented into shielded enclosures and non-shielded enclosures. Shielded enclosure is likely to remain the larger segment of the aircraft composite enclosures market during the forecast period. EMI shielded composite enclosures provide a combination of energy absorption as well as reflection. Shielded composite enclosures absorb and dissipate radiated energy from internal electronics.

Based on the resin type - The market is segmented as PPS, PEEK, PEKK, and others. Among these resin types, PPS dominates the market. The resin type offers good dimensional stability even at elevated temperatures and in a harsh chemical environment. It also aids in the molding of complex parts with very tight tolerances; is resistant to a wide range of aggressive chemical environments, and maintains its dielectric stability and insulating properties under a range of conditions.

Based on the fiber type - The market is segmented into carbon fiber composites and glass fiber composites. Carbon fiber composite is likely to remain the dominant segment of the market over the next five years, driven by its long list of advantages such as lightweight, higher strength-to-weight ratio, better EMI performance, and better aesthetics. Glass fiber composites also offer a wide array of advantages, such as low cost, low weight, good product performance, and excellent corrosion resistance, over their rivals including aluminum and other metallic enclosures.

Based on the manufacturing process type - The market is segmented as injection molding and others. Injection molding is estimated to remain the more dominant manufacturing process during the forecast period. It is considered to be an ideal process for mass-volume applications and has the ability to develop complex shapes in a very short cycle time with fewer scrapes.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/342/Aircraft-Composite-Enclosures-Market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for aircraft composite enclosures during the forecast period. In addition, the region is likely to witness healthy market growth in the coming years. This growth outlook is majorly attributed to the following-
- The USA is the growth engine of the North American aircraft composite enclosures market.
- The presence of major aircraft manufacturers, tier players, and enclosure manufacturers primarily drive the demand for composite enclosures in the country.
- The country is not only the largest market in North America, but it is also the largest market in the world.
- Asia-Pacific is likely to depict the highest growth during the same period, driven by China, India, and Japan. All these three countries are likely to remain the growth engines of the region's market for aircraft composite enclosures over the next five years.

Aircraft Composite Enclosures Market Drivers:

Some of the key drivers listed in the report are given below.
- An expected rise in aircraft production.
- Increasing preference for composite parts over traditional metallic ones.
- Growing use of avionics in the next-generation aircraft.

Top Companies in the Aircraft Composite Enclosures Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• TE Connectivity
• Carlisle Interconnect Technologies
• Kaman Aerospace (Vermont Composites Inc)
• Automated Dynamics
• AIM Aerospace
• Connective Design Inc
• Composiflex Inc.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Composite Enclosures Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.