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Aircraft Mount Market By Application (Vibration/Shock Isolation, Suspension, and Engine Mount), By End-Use (Original Equipment Manufacturer (OEM) and Replacement), By Mount Type (Interior Mounts and Exterior Mounts), By Aircraft Type (Commercial Aircraft, General Aviation Aircraft, and Military Aircraft), By Material (Nickel-Based Alloys, Aluminium Alloys, Steel Alloys, Rubber, Polyamide, and Others), and By Region –Opportunities and Forecast, 2022 to 2027

Published: March, 2023
ID: 10571
Pages: 175
Formats: report pdf report excel report power bi report ppt

Aircraft Mount Market Size, Share, and Trends 2026:

Aircraft Mount Market was at $ 606 million in 2021 and is predicted to reach $ 915 million by 2026, progressing with a CAGR of 7.1% from 2022 - 2027.

The aircraft mount connects the engine to the aircraft frame and helps distribute the engine's weight. The brackets are made of various chrome-molybdenum steel tubing and are welded together to form the mounting frame. They are lightweight, have high tensile strength, and help maintain high strength even at temperatures up to 500°C. The engine mount supports and isolates the aircraft structure from adverse engine vibrations and reduces the stress and noise of aircraft components. They are mainly used in commercial airplanes, general aviation aircraft, and military aircraft such as combat aircraft and military helicopters.

The global aircraft carrier market has experienced strong growth in recent years due to augmented defense spending, the surge in passenger traffic, and a significant increase in the call for new aircraft. In addition, strict aviation safety regulations are driving the growth of the market.

COVID-19 impact on Aircraft Mount Market:

The current coronavirus pandemic has severely affected the global economy and affected the aviation and tourism industry. The aerospace manufacturing industry has halted production on most of its orders and is supposed to resume operations in the second quarter of the year. Therefore, the market is likely to regain momentum over the foreseen period.

Aircraft Mount Market growth and trends:

The increased demand for the shock absorber mechanism coupled with the introduction of advanced damping components is estimated to support the market growth over the conjecture period.

Regular and scheduled maintenance of commercial aircraft and military-grade aircraft to ensure that the components are intact with the respective operations is expected to increase the market. In addition, aircraft engine mounts and suspension blocks have to be replaced in a fixed manner for a certain period of time, which influences the replacement of these mounts.

Aircraft Mount Market Drivers and Restraints:

The major factor contributing to the growth of the global aircraft mount market includes the increasing adoption of racks in the aviation industry driven by the growing focus on improving passenger safety and the level of aircraft comfort in the whole world. The growing need to reduce vibration, shock, and noise problems created by aircraft components is driving market demand. The mounts used in airplanes provide enhanced protection by reducing the frequency of disturbances and isolating vibrations, thereby reducing the amount of noise created by the aircraft. The increasing importance of engine mounts to support the engine and transmit loads will attract a large number of end-users towards the adoption of engine mounts to reduce ruckus. In addition to this, the increase in the aircraft order backlog encourages manufacturers to increase their production capacity, which will accelerate the demand in the global aircraft carrier market. For example, Boing and Airbus reported backorders for 12,838 commercial aircraft, corresponding to 7.1 and 8.9 years of annual production for Boing and Airbus respectively. Growing delays and increasing commercial air traffic are prompting manufacturers to expand their manufacturing capabilities, thus boosting market demand. On the other hand, rising OEM prices and other factors such as incorrect prediction of future demand, design change leading to a shortage of supply, will hamper the growth of the market during the forecast period.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

7.1%  

Segments Covered

Based on application, On the basis of end-use, On the basis of material, On the basis of aircraft type

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

LORD Corporation, Trelleborg AB, GMT Rubber-Metal-Technic Ltd., Cadence Aerospace, Mayday Manufacturing, Shock Tech, Inc., AirLoc Ltd., Angerole Mounts, LLC, RAM Mounts, VMC Groups, among others.

Aircraft Mount Market segmentation:

Based on application, the global aircraft mounts market is segmented into:

  • Engine mounts
  • Suspension
  • Vibration / shock isolation

The engine mounts segment is expected to dominate the market during the foreseen period due to the increasing adoption of engine mounts to protect aeronautical engineering equipment and enhance operational capabilities. Motor mounts minimize motor movement due to shock and abnormal loads.

On the basis of end-use, the global aircraft carrier market is segmented into:

  • Original equipment manufacturer (OEM)
  • Replacement.

The replacement segment is likely to grow at a higher CAGR during the conjecture period due to the increasing trend of timely inspection of aircraft supports to ensure efficient aircraft operation. Research reduces the risk of property damage and promotes equipment replacement if necessary.

On the basis of material, the world market is segmented into:

  • Nickel-based alloys
  • Aluminum alloys
  • Steel alloys
  • Rubber
  • Polyamide
  • Others

The aluminum alloys segment is estimated to dominate the market during the envisioned period due to the increasing use of aluminum alloys in modern aircraft manufacturing. Market players in the aviation industry aim to improve durability and reduce overall aircraft weight, thereby increasing the demand for aluminum alloys to improve aircraft strength.

On the basis of aircraft type, the global aircraft carrier market is segmented into:

  • Commercial aircraft
  • General aviation aircraft
  • Military aircraft

Commercial aircraft are supposed to grow at a higher CAGR during the projected period due to the increase in the number of air passengers around the world. The high disposable income of middle-class families and the significant drop in the price of airline tickets are leading consumers to opt for air travel, which in turn accelerates the demand for commercial aircraft around the world. Furthermore, the growing presence of domestic airlines in developing economies such as India, Thailand, and Germany will further complement the growing market demand in the coming years.

Regional Analysis:

Based on the region, the North American region is estimated to dominate the market during the outlook period due to the growth of commercial air traffic in this area. According to IATA, air passenger traffic in North America increased by 6.5% in 2019 compared to 2018. The United States is one of the largest manufacturers, operators, and exporters of aircraft assemblies at the global level. Manufacturers are primarily focused on technological development to capture the changing demand of the end-user. In addition, the tremendous growth of the aerospace industry in Canada will drive the adoption of aircraft mounts in commercial aircraft and general aviation of North America.

Key market players:

Some notable players in the global aircraft mount market include LORD Corporation, Trelleborg AB, GMT Rubber-Metal-Technic Ltd., Cadence Aerospace, Mayday Manufacturing, Shock Tech, Inc., AirLoc Ltd., Angerole Mounts, LLC, RAM Mounts, VMC Groups, among others.

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