Aerospace & Defense Composite Ducting Market Worth US$ 815.8 million in 2023
Aerospace & Defense Composite Ducting Market report is a 198-page study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, January 24, 2019 )
Stratview Research has published a new research report on Aerospace & Defense Composite Ducting Market. This extensive 198-page report by Stratview Research analyses the growth of Aerospace & Defense Composite Ducting Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
• by Pressure Type (Low & High-Pressure Composite Ducts)
● by Application Type (Environment Control System, Auxiliary Power Unit, and Others)
• by Reinforcement Type (Glass & Carbon Fiber Composites, and Others)
• by Matrix Type (Epoxy Composites, Phenolic Composites, and Others)
● by Manufacturing Process Type (Autoclave, Out of Autoclave, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/244/aerospace-and-defense-composite-ducting-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/244/aerospace-and-defense-composite-ducting-market.html
Increasing production rates of major aircraft programs
The aerospace & defense composite ducting market is projected to reach US$ 815.8 million in 2023. Increasing production rates of major aircraft programs, such as A320 family, A350XWB, B737, and B787; upcoming aircraft and introduction of variants of the existing aircraft platforms, such as C919, MC-21, B737 Max, and A320neo; continuous shift from metal ducts to composite ducts to achieve greater fuel efficiency; an advancement in the ducting technology; and growing aircraft fleet size are major growth drivers of the aerospace & defense composite ducting market.
North America to remain the largest market
North America is expected to remain the largest market for aerospace & defense composite ducting over the next five years. This region is the manufacturing hub of the advanced composites industry with the presence of several large- to small-sized part fabricators, prepreggers, and raw material suppliers. Boeing, Bombardier, and Lockheed Martin are major aircraft manufacturers in North America. Asia-Pacific is likely to experience the highest growth during the forecast period, driven by the demand for composite ducting in upcoming commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ.
Top market players
The key composite ducting manufacturers for the aerospace & defense industry are Senior Aerospace, Triumph Group, ITT Corporation, Parker Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia North America. New product development, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research has published a new research report on Aerospace & Defense Composite Ducting Market. This extensive 198-page report by Stratview Research analyses the growth of Aerospace & Defense Composite Ducting Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
• by Pressure Type (Low & High-Pressure Composite Ducts)
● by Application Type (Environment Control System, Auxiliary Power Unit, and Others)
• by Reinforcement Type (Glass & Carbon Fiber Composites, and Others)
• by Matrix Type (Epoxy Composites, Phenolic Composites, and Others)
● by Manufacturing Process Type (Autoclave, Out of Autoclave, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/244/aerospace-and-defense-composite-ducting-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/244/aerospace-and-defense-composite-ducting-market.html
Increasing production rates of major aircraft programs
The aerospace & defense composite ducting market is projected to reach US$ 815.8 million in 2023. Increasing production rates of major aircraft programs, such as A320 family, A350XWB, B737, and B787; upcoming aircraft and introduction of variants of the existing aircraft platforms, such as C919, MC-21, B737 Max, and A320neo; continuous shift from metal ducts to composite ducts to achieve greater fuel efficiency; an advancement in the ducting technology; and growing aircraft fleet size are major growth drivers of the aerospace & defense composite ducting market.
North America to remain the largest market
North America is expected to remain the largest market for aerospace & defense composite ducting over the next five years. This region is the manufacturing hub of the advanced composites industry with the presence of several large- to small-sized part fabricators, prepreggers, and raw material suppliers. Boeing, Bombardier, and Lockheed Martin are major aircraft manufacturers in North America. Asia-Pacific is likely to experience the highest growth during the forecast period, driven by the demand for composite ducting in upcoming commercial and regional aircraft, such as COMAC C919 and Mitsubishi MRJ.
Top market players
The key composite ducting manufacturers for the aerospace & defense industry are Senior Aerospace, Triumph Group, ITT Corporation, Parker Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia North America. New product development, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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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