Aircraft Doors Market estimated to grow at a CAGR of 9.2% in the forecast periodPosted by Stratview Research on December 2nd, 2019 The report on the Aircraft Doors Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2020-2025. The report also offer insights into different market segments and other factors affecting the market. Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aircraft Doors Market is expected to inflate at a CAGR of 9.2% by the forecast period (2020 – 2025).
Highlights of the Report: Based on the application type, the market is segmented as commercial aviation and military aviation. The commercial aviation segment is estimated to remain dominant in the coming five years. The customer base of commercial aircraft is burgeoning across all regions globally. Airlines operating in the Middle East and Asia-Pacific are gaining distinction in the global aviation industry. Rising air passenger traffic has awakened the airline operators to improve aircraft fleet size, thereby significantly contributing to an upsurge in the procurement of new aircraft orders. The growth in the manufacturing of commercial airplanes is anticipated to fuel the demand for aerospace components, such as aircraft doors, in the coming future. Based on the door type, the market is segmented as passenger doors, emergency doors, service/access doors, cargo doors, landing gear doors, and others. The rise in the delivery of passenger doors for commercial aircraft is expected to bolster the growth of the passenger doors segment during the forecast period. Based on the end-user type, the market is segmented as OEM and aftermarket. In the recent years, there has been an unprecedented rise in demand for single-aisle aircraft majorly in the Asia-Pacific region. As per the Boeing Global Market Outlook 2016, the Asia-Pacific region accounts for 2,460 single-aisle airplane orders that are required to be completed over the next 20 years. Rise in aircraft deliveries is estimated to propel the growth of the OEM segment of the aircraft doors market during the forecast period. In terms of regions, North America is estimated to lead the aircraft doors market during the forecast period. The market is driven by the presence of major commercial aircraft manufacturers and airlines, such as Boeing (US), American Airlines (US), United Airlines (US), and Bombardier (Canada). The aircraft doors market in the Asia-Pacific region is expected to register the highest growth in the coming five years. This growth is owing to the rise in aircraft production in the emerging economies, such as India and China. Europe is also expected to offer substantial growth opportunities during the forecast period. Key Players of the Market Some of the major players in the aircraft doors market are Airbus Helicopters SAS, Barnes Group, Daher, Delastek Inc., Elbit Systems Ltd., Esterline Technologies Corporation, Honeycomb Company of America, The Groupe Latécoère, Mitsubishi Heavy Industries, Ltd., and Triumph Group. Features of the Report This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.Here are the key features of the report:
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