The Global Aircraft Fairing Market is estimated to reach USD 2.3 Billion by 2025 at a CAGR of 7.7%, observes forencis research (FSR).
Aircraft fairing is an aircraft component that is used to create a smooth outline and lower the drag at the time of aircraft propulsion. It helps to cover the gap and space between the aircraft parts. Aircraft fairing is used to protect the underlying structure and system in the adverse environment condition. In addition to this, this feature also prevents landing gear from fully retracting into the wings which trap air in the wheel well gap that creates a gap and restricts flow.
Market Drivers:
Automated generic parameter is used to reduce the overall time dedicated on initial design of the fairing of the aircraft through less efforts. To optimize the functioning of the fairing part that is parametrically controlled, it needs to be optimized and automated according to the requirement of the volume. Additionally, automation with the help of appropriate tool it optimizes the shape of the windshield. Advantages associated with automation of the generic parameter is expected to surge the aircraft fairing market during the forecast period.
The demand for aircraft fairing market is growing owing to the demand for aircraft transmission. With increase in air passenger traffic globally, the demand for new deliveries have increased in past years. As per the data share by Airbus, aircraft deliveries of the commercial aircrafts have increased by 28% from 2013 to 2018. This trend is expected to continue in the forecast period, which is anticipated to drive the aircraft fairing market during the forecast period.
Market Challenges:
The concerning regulates, complexity and safety-critical is currently facing a new threat for maintenance of aircraft. However, the repairing problem arises is sudden and not scheduled which can be due to problems to operate. This complexity of unscheduled aircraft inspection can lead to trouble for the flight operators. According to the International Air Transport Association survey, 35-40 % of the aircraft faces issues due to complexity in maintenance and ramp process.
Hence, complexity for maintenance may hinder the growth of the aircraft fairing market.
The report on the aircraft fairing market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Product, Platform, Materials, Application, End-User, and Region |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Aircraft Fairing Market, by Product
Aircraft Fairing Market, by Platform
Aircraft Fairing Market, by Materials Type
Aircraft Fairing Market, by Application
Aircraft Fairing Market, by End-User
Aircraft Fairing Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Growing Demand for Automated Generic Parameter
4.2.2. Rising Demand for Aircraft Transmission
4.3 Opportunities
4.3.1. Rising in Demand for 3D Printing
4.3.2.
4.4 Challenges
4.4.1 Complexity for Maintenance
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 AIRCRAFT FAIRING MARKET BY PRODUCT, Market Size in USD Million (2018—2025)
6.1 Introduction
6.2 Flap Track Fairings (FTF)
6.3 Leading Edge Flaps
6.4 Pylon Fairing
6.5 Wing to Body Fairing
6.6 Aileron
6.7 Spoilers
7 AIRCRAFT FAIRING MARKET BY PLATFORM, Market Size in USD Million (2018—2025)
7.1 Introduction
7.2 Military
7.2.1 Fighter Aircraft
7.2.2 Military Transport
7.3 Commercial
7.3.1 Wide Body Aircraft (WBA)
7.3.2 Narrow Body Aircraft (NBA)
7.3.3 Others
8 AIRCRAFT FAIRING MARKET BY MATERIALS TYPE, Market Size in USD Million (2018—2025)
8.1 Introduction
8.2 Aluminum
8.3 Steel
8.4 Titanium
8.5 Alloy
9 AIRCRAFT FAIRING MARKET BY APPLICATION, Market Size in USD Million (2018—2025)
9.1 Introduction
9.2 Aircraft flight control surfaces
9.3 Flight Deck
9.4 Fuselage
9.5 Undercarriage
9.6 Aircraft Noise
9.7 Others
10 AIRCRAFT FAIRING MARKET BY END-USER, Market Size in USD Million (2018—2025)
10.1 Introduction
10.2 Original Equipment Manufacturer (OEM)
10.3 Aftermarket
11 Aircraft Fairing MARKET BY REGION, Market Size in USD Million (2018—2025)
11.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
11.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
11.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
11.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East & Africa
11.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
12 COMPETITIVE LANDSCAPE
12.1 Introduction
12.2 Market Ranking/Share Analysis of Key Companies
12.3 Company Benchmarking
13 COMPANY PROFILES
13.1 The NORDAM Group LLC
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Solutions/Services Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 Malibu Aerospace LLC.
13.3 The NORDAM Group LLC
13.4 Fiber Dynamics Inc.
13.5 FACC AG
13.6 ShinMaywa Industries, Ltd.
13.7 Zawya
13.8 Boeing
13.9 Barnes Group Inc.
13.10 Airbus S.A.S.
13.11 AAR
13.12 Other Key Companies
14 APPENDIX
14.1 Key Industry Expert Insights
14.2 Primary Discussion Guide
14.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
