Press release
Aircraft Clamps Market is Forecasted to Reach US$ 421 million in 2034, Says Stratview Research
The global aircraft clamps market is projected to witness a growth rate of 4.2% annually from 2024 to 2034, with an anticipated size of US$ 421 million by 2034, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global aircraft clamps 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/2801/aircraft-clamps-market.html#form
Report Highlights:
Market Size in 2034: US$ 421 million
Growth (CAGR): 4.2% during 2024-2034
Forecast Period: 2024-2034
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 7
Number of Tables & Graphs: 100+
Segment Insights on the Aircraft Clamps Market:
The global aircraft clamps market is segmented based on aircraft type, application type, function type, clamp type, band material type, cushion type, and region.
Based on aircraft type - The market is segmented as commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation. Commercial aircraft is expected to remain dominant as well as the fastest-growing aircraft of the market during the forecast period. There can be thousands of clamps on a single helicopter and up to 20,000 clamps on a commercial aircraft. Clamps are used in key applications such as air management, auxiliary power units, water/waste evacuation units, and landing gear systems.
They work primarily towards vibration damping. There are tens of thousands of them in commercial aircraft and they hold every wire bundle and pneumatic line in the fuselage. It allows them to vibrate without shaking the wiring and the casing. Organic growth in aircraft deliveries and rising aircraft fleet size are other prime factors fueling demand. Boeing Outlook: 50,170 active commercial and regional aircraft fleet size in 2043 from 26,750 aircraft in 2023. Airbus Outlook: 48,230 active commercial and regional aircraft fleet in 2043 from 24,260 aircraft in 2023.
Based on the application type - The market is segmented into engine, fuel applications, and airframe (landing gear, aerostructure, and others). Airframe is expected to generate the highest clamp demand, and the engine is likely to be the fastest-growing application of the market during 2024-2034. There's a presence of a large number of ducts, pipes, wiring/wiring harnesses, and hose lines in airframe applications. Clamps are used for a wide spectrum of airframe applications, such as landing gears, fuselage, wings, flight control surfaces, avionics, and interior applications. Key applications within the engine segment include ducting, tubing, engine cooling, and exhaust systems. The leading players supply clamps directly to OEMs; however, engines also use numerous clamps, so they also directly supply to engine OEMs such as Snecma, GE, and Pratt & Whitney.
Based on the function type - The market is segmented into wiring/wiring harness, ducting/tubing, and hoses. Wiring/wiring harness to employ the most clamps. Commercial aircraft need robust cable management systems to function safely and efficiently. An average airliner can contain up to 600 km of wiring. There exist 400 to 600 different clamps or tube connectors of varying diameters per aircraft. Every hydraulic line running through the fuel tanks has either a connector or a clamp on both the leading and trailing edge, as well as all the fuel tubes.
Based on the clamp type - The market is segmented into loop clamp, band clamp, saddle clamp, block clamp, P-clamp, and others. Loop clamp is expected to remain the dominant clamp type in the market during the forecast period, owing to its wider applications, such as holding miles of wire bundles, wire harnesses, control cable assemblies, and tubes supplying hydraulic fluids, engine oils, and brake fluids, in a variety of applications like engines, fuselage, wings, interiors, avionics, etc.
Loop clamp is an adjustable device with a wider range of adjustments that increase clamping capacity. It provides a tighter seal around pipes and tubes which helps in reducing vibration and protects underlying tubes/pipes from wear. Band clamps offer several advantages over traditional clamps or other mechanical joints, such as high-temperature rating, vibration resistance, quick connect or disconnect, misalignment accommodation, compact size, and lower weight.
Based on the material type - The market is segmented into steel & alloys, aluminum & alloys, titanium & alloys, nickel & alloys, and others. Steel and stainless steel are used predominantly for aircraft clamps in the market due to their phenomenal properties, such as excellent corrosion resistance, high-temperature tolerance, high tensile strength, and good creep resistance in applications like engine and exhaust parts, landing gear parts, and superstructural joints. Titanium and nickel alloys are mainly used in extreme heat areas of engines due to their high strength and long fatigue life coupled with good corrosion and oxidation resistance at high temperatures.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/2801/aircraft-clamps-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is anticipated to remain at the forefront throughout the forecast period; whereas Asia-Pacific is likely to grow at the highest rate by 2034. This growth outlook is majorly attributed to the following-
- The presence of several major aircraft OEMs, such as Airbus, Boeing, and Lockheed Martin, tier players, raw material suppliers, part fabricators, and clamp manufacturers in the region.
- The USA is the key demand generator in the North American market during the forecast period.
- Asia-Pacific is likely to grow at the fastest rate during the forecast period. The growth can be attributed to the expected increase in aircraft fleet size to support rising passenger traffic and indigenous aircraft production (COMAC C919).
Aircraft Clamps Market Drivers:
Some of the key drivers listed in the report are given below.
- The aircraft clamps market is highly dependent on the organic growth of the aircraft industry. Around 20,000 clamps are used in a typical commercial aircraft.
- The increasing focus of aircraft clamp manufacturers on the development of lightweight clamps to save fuel and improve safety is likely to create healthy opportunities in the market in the years to come.
- Organic growth of the aerospace industry [expected increase in deliveries of B737max, A320neo family, B777/777x, A350, A220, and B787].
- The increasing use of wires & cables in modern aircraft, rapid advancements in aircraft design and technology, and a high focus on aircraft safety.
Top Companies in the Aircraft Clamps Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• TransDigm Group
• Voss Industries (A Cam Company)
• Caillau
• Umpco Inc.
• J&M Products
• TeConnex
• Pacmet Aerospace
• Ho-Ho Kus Inc.
• Eaton Aerospace
• Clampco Products
• National Utilities Co./NUCO
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Aircraft Clamps 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?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Aircraft Aerostructures Market: https://www.stratviewresearch.com/474/aircraft-aerostructures-market.html
• Aircraft Landing Gear Market: https://www.stratviewresearch.com/694/aircraft-landing-gear-market.html
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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.
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