Global Aircraft Doors Market to reach USD 5.8 billion by 2025 | CAGR: 7.0%
Global Aircraft Doors Market is valued at USD 3.4 billion in 2016 is anticipated to grow up to USD 5.8 billion with the compounded annual growth of 7.0% over the forecast period 2017-2025.
New York 15 May 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Aircraft Doors industry is poised to raise USD 5.8 billion by 2025. Key factors which give growth to the aircraft doors market are increasing aircraft deliveries and rising focus on maintenance of aircraft doors. However strict regulatory environment is acting as a major restraint factor to the growth of the market. The demand for aircraft door is unstable and is majorly driven by complete economic development. Furthermore, the need of high-level of engineering and technological expertise is a key challenge, which is hampering the growth of the aircraft door market. The reduction in the cost of manufacturing and metal affordability is the key market trends. To view the summary or to request a sample copy of this report, please click the link mentioned below:
Global Aircraft doors Market Size study, by Application (commercial aviation, military aviation), by End-use (OEM, aftermarket), by Door type(Passenger Door, Emergency Door, Services/Access Door, Cargo Door, Landing Gear Door, Others) and by Regional Forecasts 2017-2025
The industry seems to be fairly competitive. Some of the leading market players include Airbus Helicopter, Latecoere, Saab, Elbit Systems, Triumph group and so on. Other market players discussed in the report include Ester line Technologies, Barnes Group, Honeycomb company of America, Daher, Mitsubishi Heavy Industries New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- OEM segment is estimated to lead the aircraft doors market in 2017.
- Commercial aviation segment is projected to lead the aircraft doors market from 2017-2025.
- The rise in the production of commercial airplanes is expected to drive the demand for aerospace components, such as aircraft doors.
Bizwit Research & Consulting LLP has considered the following segments for the study:
Aircraft Doors Application:
- Commercial aviation
- Military aviation
By Door type
- Passenger Door
- Emergency Door
- Services/Access Door
- Cargo Door
- Landing Gear Door
- North America
- Asia Pacific
- Latin America
- Rest of the World