Aircraft Fairings Market - Global Analysis & Forecast 2026
The aircraft fairings market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.
Aircraft fairings market is set to witness a massive momentum in the upcoming years owing to growing tourism and increased adoption of fuel-efficient aircraft. Considering increasing affordability and robust convenience, there has been a considerable shift in preference towards air travel which has indeed compelled industry players to lay significant focus on increasing their production in order to cater to the heightened demand.
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The tourism industry is expected to gradually recover from the damage caused by the coronavirus pandemic. Airline companies are planning to offer low-air fares to drive businesses. Increasing number of air passengers and a potential growth in the tourism sector could stimulate the demand for widebody aircraft carriers, especially across emerging nations like China and Brazil.
Countries like India are observing significant demand from regional flight carriers as more local people incline towards air travel over road travel. Citing an instance, in October 2019, SpiceJet revealed its plans to introduce widebody aircraft for its long-haul flight operations. Meanwhile, in November 2019, Vistara decided to add two new widebody aircraft in its service fleets. Such initiatives could massively benefit the growth of wide-body airliners and drive the adoption of high-quality aircraft fairings over the forthcoming years.
Aircraft fairings made out of metals like aluminum, titanium and steel are widely used in all aircraft segments. Metal and alloys fairings are expected to control a substantial portion of the market share within the predicted timeframe. Fairings mainly function as noise-reducing components in airplanes especially during taking off and landing operations. Aircraft manufacturers are focusing on using high-quality metal fairings, like perforated titanium landing gear fairings, in their aircrafts owing to its remarkable capabilities like debris protection and strong structural & flexural strengths.
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In terms of regional terrain, Asia Pacific aircraft fairings market is estimated to register a CAGR of 2% over the forecast timeframe. As a result of growing investments from prominent manufacturers towards maintenance and production activities, emerging economies such as India and China are likely to observe a substantial growth in aerospace. For instance, in 2019, Boeing announced to establish a production facility in India for F/A 18 Super Hornet fighter aircraft. Such developments will positively influence the growth of regional.
Major industry players operating in aircraft fairings market such as STRATA Manufacturing, FACC AG, NORDAM, ShinMaywa, and Malibu Aerospace, are focused on developing technologically enhanced products and implementing several business strategies to gain a strong position in the market.
Major Key Points from Table of Content:
Chapter 5. Aircraft Fairings Market, By Application
5.1. Global aircraft fairings market share, by application, 2019 & 2026
5.2. Wing
5.2.1. Global market estimates and forecasts, 2016 - 2026
5.2.2. Market estimates and forecast, by region, 2016 - 2026
5.3. Fuselage
5.3.1. Global market estimates and forecasts, 2016 - 2026
5.3.2. Market estimates and forecast, by region, 2016 - 2026
5.4. Empennage
5.4.1. Global market estimates and forecasts, 2016 - 2026
5.4.2. Market estimates and forecast, by region, 2016 – 2026
5.5. Landing gear
5.5.1. Global market estimates and forecasts, 2016 – 2026
5.5.2. Market estimates and forecast, by region, 2016 – 2026
5.6. Engine
5.6.1. Global market estimates and forecasts, 2016 – 2026
5.6.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 6. Aircraft Fairings Market, By Material
6.1. Global aircraft fairings market share, by material, 2019 & 2026
6.2. CFRP
6.2.1. Global market estimates and forecasts, 2016 - 2026
6.2.2. Market estimates and forecast, by region, 2016 - 2026
6.3. GFRP
6.3.1. Global market estimates and forecasts, 2016 - 2026
6.3.2. Market estimates and forecast, by region, 2016 – 2026
6.4. Metals & alloys
6.4.1. Global market estimates and forecasts, 2016 – 2026
6.4.2. Market estimates and forecast, by region, 2016 – 2026
6.5. Others (hybrid composites, aramid-based composites, etc.)
6.5.1. Global market estimates and forecasts, 2016 – 2026
6.5.2. Market estimates and forecast, by region, 2016 - 2026
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