Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Aerospace & Defense Composite Ducting Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.2% during the review period (2022 to 2027).
Developments in technology, along with consistent investments in research and development activities propel the market demand. Recent advancements such as additive manufacturing and laser sintering are anticipated to expand the market for Aerospace & Defense Composite Ducting globally. In addition, the market is witnessing potential growth for utilization of computerized orbital welding techniques, which offer consistent and high-quality welds for development of leak-proof ducts. Furthermore, glass fiber is extremely preferred in low-pressure applications, such as cabin sidewall riser and cabin air recirculation, while proposing good mechanical performance at relatively lower costs. Furthermore, to manufacture ducting, phenolic, epoxy, and thermoplastic resins are also used along with glass fibers.
Dec. 19, 2019 Triumph Group (NYSE: TGI) announced tthat its Triumph Aerospace Structures – Interiors business was selected by Boeing to provide additional composite environmental control ducting work for the 737 MAX, the 777X and the 787 Dreamliner Airplane.
Top Key players in the Aerospace & Defense Composite Ducting Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Aerospace & Defense Composite Ducting Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Senior plc (LSE:SNR.L), AIM Aerospace, Arrowhead Products, Triumph Group, Inc. (NYSE :TGI), STELIA Aerospace, ITT Inc. (NYSE :ITT), Flexfab, Parker-Hannifin Corporation (NYSE :PH), Hutchinson, Unitech Aerospace, Royal Engineered Composites, avs-sys, Kitsap Composites, CFM, GE Aviation Engines, and Pratt & Whitney and key aircraft OEMs are Boeing, Airbus, Lockheed Martin Corporation (NYSE:LMT), Bombardier, Embraer, ATR, Cessna, Gulfstream and others.
Aerospace & Defense Composite Ducting Market is segmented based on the type, applications, companies and regions.
By Type, Aerospace & Defense Composite Ducting Market has been segmented into
Global Aerospace & Defense Composite Ducting Market by Matrix Type:
The end user’s industry application on Aerospace & Defense Composite Ducting Market is,
Asia Pacific is expected to hold a extensive share owing to the rising air passenger traffic and aircraft deliveries. Expansions of fleet size along with improving economic conditions are driving the market size over the study timeframe.North America aerospace & defense ducting market will observe substantial growth owing to the strong presence of aircraft manufacturers across the region. Key players are maintaining strategic contracts and agreements for reinforcement their foothold in the industry.
Report Attributes
|
Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 7.2% during the review period (2022 to 2027). |
By Type |
Matrix Type:
|
By Application |
|
By Companies
| Senior Plc, AIM Aerospace, Arrowhead Products, Triumph, STELIA Aerospace, ITT, Flexfab, Parker Hannifin, Hutchinson, Unitech Aerospace, Royal Engineered Composites, avs-sys, Kitsap Composites, CFM, GE Aviation Engines, and Pratt & Whitney and key aircraft OEMs are Boeing, Airbus, Lockheed Martin, Bombardier, Embraer, ATR, Cessna, Gulfstream |
Regions Covered
|
|
Countries Covered |
|
Base Year
|
2022 |
Historical Year
|
2017 to 2022 |
Forecast Year
|
2022 to 2027 |
Customization Available
|
Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Aerospace & Defense Composite Ducting Market is studied from 2017 - 2027.
What is the growth rate of Aerospace & Defense Composite Ducting Market?
The Aerospace & Defense Composite Ducting Market is growing at a CAGR of 7.2% over the next 5 years.
Who are the key players in Aerospace & Defense Composite Ducting Market?
Senior Plc, AIM Aerospace, Arrowhead Products, Triumph, STELIA Aerospace, ITT, Flexfab, Parker Hannifin, Hutchinson, Unitech Aerospace, Royal Engineered Composites, avs-sys, Kitsap Composites, CFM, GE Aviation Engines, and Pratt & Whitney and key aircraft OEMs are Boeing, Airbus, Lockheed Martin, Bombardier, Embraer, ATR, Cessna, Gulfstream
What region does this Aerospace & Defense Composite Ducting Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Aerospace & Defense Composite Ducting Market?
Glass Composites, Carbon Composites, Other Composites
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.