Pulished Date January, 2020
ID: 9164
Share on
Share on

Aircraft Fairings Market by Application (Flight Control Surface, Fuselage, Engine, Nose, Cockpit, Wings, and Landing Gear), End-User (OEM and Aftermarket), and Region - Forecast to 2025

Pulished: January, 2020
ID: 9164
Pages: 145

Aircraft Fairings Market Overview Analysis:

Aircraft fairing is a device that reduces resistance and creates a smooth contour. This device covers the space between the parts of the aircraft, which reduces foam and interference dragging and improves appearance. It is also used to enhance the presence of the plane and cover the space between the parts. There are several types of fairings used for different parts of the aircraft, such as flap track, cockpit, etc.

The global Aircraft Fairings Market was worth US$ xx million in 2019 and is estimated to reach a valuation of US$ xx million by the end of 2025, expanding at an annual compound rate of xx% between 2020 and 2025.

Recent Developments and Trends

In 2016, Solvay and Boeing announced an extension of their high-performance structural adhesive and composite contracts for 2020.

India has a total of 62 Airbus Defense and Space C295 Medium Transport Aircraft (IATs) for the Indian Air Force (IAF) and the Indian Coast Guard (ICG), which will be delivered in the coming years.

In June 2017, FACC AG signed a $ 110 million contract with Bombardier to produce a wing-to-body fairing for the new family of Bombardier Aerospace CSeries regional aircraft.

Strata Manufacturing partnered with Pilatus Aircraft Ltd. in May 2018 to manufacture Belly Fairings for PC-24 twin-engine commercial aircraft.

In January 2017, Strata Manufacturing partnered with Siemens to develop 3D printing technology for aircraft fairing parts, helping airlines improve their designs, including the manufacture of complex parts.

Market Growth

The main factor that is expected to be a catalyst for the growth of the global aircraft fairing market is the increasing adoption of advanced composite materials in aircraft.

Drivers 

Increasing usage of composite materials in aircraft is a crucial factor in the growth of the global aircraft fairing market. The use of composite materials reduces weight, increases the fuel efficiency of the plane and also reduces maintenance and repair costs. The growing demand for low-fuel airplanes is another factor that supports the growth of the global market. The rapid growth of the aviation industry and the increasing demand for commercial airplanes due to the increase in tourism are some of the other essential factors that drive the growth of the target market. In addition, the increasing adoption of unmanned Arial vehicles for military and commercial applications is another critical factor that is expected to boost the growth of the global aircraft fairing market significantly. Moreover, the increasing use of 3D printing production of aircraft fairing parts can create high-income opportunities for players in the target markets.

Restraints

However, the composite materials used in the aviation sector are not recycled correctly. This factor may affect product adoption, limiting the growth of the global aircraft fairing market. 

Market Segmentation

 

By application, the global aircraft fairing industry has been classified into flight control surfaces, fuselage, wings, nose, cockpit, and landing gear. The fuselage segment is estimated to be the largest contributor to the aircraft fairing market in 2018. The fuselage is the primary and central body of fixed-wing aircraft, providing space for cargo, accessories, passengers and other equipment. In a single-engine plane, the fuselage houses the power plant, while in multi-engine aircraft, the engine can be connected to the fuselage or suspended from the wing structure.

According to the end-users, the global aircraft fairing business has been classified as OEM and secondary market. The aftermarket sector is foreseen to lead the aircraft fairing market in 2018. During maintenance procedures, it is necessary to replace several components of the aircraft fairing, such as the fuselage, flight control surfaces, wheels, fins and back edges. Several companies provide MRO services (maintenance, repair and overhaul) as part of the after-sales support service.

Regional Analysis

By region, North America aircraft fairing market accounted for most of the global business in 2019. North America is estimated to be a growing market due to the high demand for new aircraft and replacement of old aircraft. The Asia-Pacific aircraft fairing market, on the other hand, is estimated to be the fastest-growing region in the next five years. The market continues to grow as the modernization agenda of the Asia Pacific aviation industry increases, contributing to the high acceptance of advanced aircraft fairings. These factors are likely to further increase the demand for aircraft fairing in the APAC region. China and India are the engines of growth in this area. Europe aircraft fairing market is also predicted to offer significant growth opportunities during the forecast period.

Top Leading Company 

ShinMaywa is a Japanese industrial parent company of Kawanishi Aircraft Company. ShinMaywa Industries, Ltd. specializes in special aircraft trucks, water treatment equipment, cable management systems, environmental systems, thin-film and surface modification, thin-film coating systems, built-in direct-drive motors, bridges of boarding passengers of aircraft, and others.

Key Players

Key players in the global aircraft fairing market include Avcorp, Airbus SE, AAR Corporation, Composites Technology Research Malaysia, The Boeing Company, Fiber Dynamics Inc., Arnprior Aerospace Inc., Barnes Group, Daher, CTRM Aero Composites and FACC AG

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Aircraft Fairings Market, By End-User                             

                                6.1.1 OEM          

                                6.1.2 Aftermarket           

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Aircraft Fairings Market, By Application                          

                                6.2.1 Flight Control Surfaces       

                                6.2.2 Fuselage  

                                6.2.3 Engine       

                                6.2.4 Nose          

                                6.2.5 Cockpit     

                                6.2.6 Wings        

                                6.2.7 Landing Gear          

                                6.2.8 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.9 Y-o-Y Growth Rate Analysis             

                                6.2.10 Market Attractiveness Index        

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By End-User           

                                7.2.3 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By End-User           

                                7.3.3 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By End-User           

                                7.4.3 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By End-User           

                                7.5.3 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By End-User           

                                7.6.3 By Application        

8. Key Player Analysis                                    

                8.1 Airbus SE                     

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 The Boeing Company                             

                8.3 FACC AG                      

                8.4 Avcorp                          

                8.5 AAR Corporation                      

                8.6 Composies Technology Research Malaysia                   

                8.7 Fiber Dynamics Inc.                 

                8.8 Arnprior Aerospace Inc.                        

                8.9 Barnes Group                            

                8.10 CTRM Aero Composites                      

                8.11 Daher                         

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Type, By Application, By End User and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Aircraft Fairings Market By Region, From 2020-2025 ( USD Billion )
  2. Global Aircraft Fairings Market By End-User, From 2020-2025 ( USD Billion )
  3. Global OEM Market By Region, From 2020-2025 ( USD Billion )
  4. Global Aftermarket Market By Region, From 2020-2025 ( USD Billion )
  5. Global Aircraft Fairings Market By Application, From 2020-2025 ( USD Billion )
  6. Global Flight Control Surfaces Market By Region, From 2020-2025 ( USD Billion )
  7. Global Fuselage Market By Region, From 2020-2025 ( USD Billion )
  8. Global Engine Market By Region, From 2020-2025 ( USD Billion )
  9. Global Nose Market By Region, From 2020-2025 ( USD Billion )
  10. Global Cockpit Market By Region, From 2020-2025 ( USD Billion )
  11. Global Wings Market By Region, From 2020-2025 ( USD Billion )
  12. Global Landing Gear Market By Region, From 2020-2025 ( USD Billion )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample