Aircraft Gaskets Market to Reach US$ 249.5 million in 2024
The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
(EMAILWIRE.COM, November 23, 2018 )
Stratview Research announces the launch of a new research report on Aircraft Gaskets Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, and General Aviation), by Application Type (Airframe, Landing Gear, Wheels & Brakes, Engine, and Others), by Material Type (Polymer Gaskets, Metal Gaskets, Composite Gaskets, and Conductive Gaskets), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024.
The Aircraft Gaskets Market: Highlights
The aircraft industry represents less than 1% of the total gaskets market but is expected to be one of the fastest-growing markets for gaskets in the coming five years. The Aircraft Gaskets Market is projected to grow at a healthy rate over the next five years to reach US$ 249.5 million in 2024. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for fuel-efficient aircraft; advancement in gasket materials; and rising global aircraft fleet size are the major factors mushrooming the growth of the market.
Click here to view Table Of Contents:-
https://www.stratviewresearch.com/toc/396/aircraft-gaskets-market.html
OR
Request a Sample here:-
https://www.stratviewresearch.com/Request-Sample/396/aircraft-gaskets-market.html
The market for aircraft gaskets is gradually consolidating as the major companies are performing mergers & acquisitions to quickly gain the leading position in the market. For instance; TransDigm Group Incorporated, a leading global designer, producer, and supplier of highly engineered aircraft components, acquired the Kirkhill Elastomers business of Esterline Technologies at a total purchase price of US$ 50 million in cash. Kirkhill Elastomers is one of the leading companies in the aircraft gaskets market.
A gasket is a mechanical seal that fills the space between two mating surfaces that seals and isolates an enclosure. The shape of a gasket depends on its application like it is cut down in such a way to match the shape of the matt surface. Gaskets are used in the multiple areas of an aircraft in order to serve a wide array of functions, such as environmental sealing purposes, pressure retaining, vibration damping, fire-resistant or fireproof, and EMI/RFI shielding.
The key players in the aircraft gasket market are Eaton Corporation Plc., Esterline Technologies Corporation, Freudenberg Group, Hutchinson SA, Meggitt Plc, Parker Hannifin Corporation, Compagnie de Saint-Gobain S.A., and SKF Group.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Aircraft Gaskets Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, and General Aviation), by Application Type (Airframe, Landing Gear, Wheels & Brakes, Engine, and Others), by Material Type (Polymer Gaskets, Metal Gaskets, Composite Gaskets, and Conductive Gaskets), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024.
The Aircraft Gaskets Market: Highlights
The aircraft industry represents less than 1% of the total gaskets market but is expected to be one of the fastest-growing markets for gaskets in the coming five years. The Aircraft Gaskets Market is projected to grow at a healthy rate over the next five years to reach US$ 249.5 million in 2024. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for fuel-efficient aircraft; advancement in gasket materials; and rising global aircraft fleet size are the major factors mushrooming the growth of the market.
Click here to view Table Of Contents:-
https://www.stratviewresearch.com/toc/396/aircraft-gaskets-market.html
OR
Request a Sample here:-
https://www.stratviewresearch.com/Request-Sample/396/aircraft-gaskets-market.html
The market for aircraft gaskets is gradually consolidating as the major companies are performing mergers & acquisitions to quickly gain the leading position in the market. For instance; TransDigm Group Incorporated, a leading global designer, producer, and supplier of highly engineered aircraft components, acquired the Kirkhill Elastomers business of Esterline Technologies at a total purchase price of US$ 50 million in cash. Kirkhill Elastomers is one of the leading companies in the aircraft gaskets market.
A gasket is a mechanical seal that fills the space between two mating surfaces that seals and isolates an enclosure. The shape of a gasket depends on its application like it is cut down in such a way to match the shape of the matt surface. Gaskets are used in the multiple areas of an aircraft in order to serve a wide array of functions, such as environmental sealing purposes, pressure retaining, vibration damping, fire-resistant or fireproof, and EMI/RFI shielding.
The key players in the aircraft gasket market are Eaton Corporation Plc., Esterline Technologies Corporation, Freudenberg Group, Hutchinson SA, Meggitt Plc, Parker Hannifin Corporation, Compagnie de Saint-Gobain S.A., and SKF Group.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results