Aircraft Fuselage Panel Market Scope
The fuselage is mainly a large, hollow tube that tapers at the back, is the component where the passengers and baggage are held and to which the wings and empennage are connected. The fuselage is hollow to reduce weight also includes the cockpit. The fuselage is a long cylindrical shell, closed at its ends, which contain the internal payload. The semi-monocoque construction dominant the type of fuselage. These structures offer better strength-to-weight ratios for the central portion of the body of an airplane than monocoque construction.
|Unit||Value (USD Million)|
|Key Companies Profiled||Coriolis Composites (France), Airbus SE (Netherlands), GKN Aerospace (United Kingdom), Hamilton Sundstrand (United States), Bombardier (Canada), Safran Landing Systems (France), Triumph Group Inc. (United States), Boeing (United States)), AVIC (China), Aernnova (Spain) and Premium Aerotec (Germany)|
The companies are now exploring the market by adopting merger & acquisition, expansion, investments, new development in existing products and collaboration as their preferred strategies. The players are also exploring new geographies and industries through expansion and acquisition so as to avail a competitive advantage through combined strategies. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Aircraft Fuselage Panel market throughout the predicted period.
Coriolis Composites (France), Airbus SE (Netherlands), GKN Aerospace (United Kingdom), Hamilton Sundstrand (United States), Bombardier (Canada), Safran Landing Systems (France), Triumph Group Inc. (United States), Boeing (United States)), AVIC (China), Aernnova (Spain) and Premium Aerotec (Germany) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global Aircraft Fuselage Panel market by Type , by Application (Single Aisle Aircraft, Double Aisle Aircraft and Other) and Region with country level break-up.
On the basis of geography, the market of Aircraft Fuselage Panel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2022.
In June 2019, Spirit Aerosystems launched a new production method for carbon fiber composite materials that enable lower costs and higher production volumes for aircraft components. The ASTRA (Advanced Structures Technology and Revolutionary Architectures) panel, a demonstration fuselage panel using the new architecture, is currently on display at Paris Air Show.
Influencing Trend:Surging Technological Advancement in Light Weight Helicopter Fleet Manufacturing
Market Growth Drivers:Increasing Number of Commercial Aircraft Fleet and Rising Demand for New Aircraft due to the Strength
Restraints:Stringent Regulatory Norms for Aircraft Manufacturing & Development and High Cost of Aircraft
Opportunities:Demand for aircraft in emerging markets is surging. China, India, and Russia and Increasing Upgradation and Replacement of Old Aircraft With New Generation Aircraft
Key Target AudienceAerospace Rivet Manufacturers, Raw Material Suppliers, Aircraft Manufacturing Companies, Government Regulatory Bodies and Others