Global Aircraft Door Market: Key Highlights
Global Aircraft Door Market: Key Market Dynamics
Global Aircraft Door Market: Regional Overview
The Asia Pacific aircraft door market is projected to experience growth in the forecast period owing to an increase in air traffic in the region. Asia Pacific aviation sector is emerged as a promising region and anticipated to attain unpredicted growth for a longer time period. The growth of this region is attributed to the rise in air passengers. As per the Asia Pacific Air Transport report, Air passenger traffic in the Asia Pacific is estimated to rise at a faster pace, reaching 4.3 billion by 2034. Increasing middle-class population, higher disposable income of the population resident in the region further pushes the air traffic, leading to more demand for new aircraft. This, factor is likely to favor the regional market growth in the forecast period.
The growing Aviation sector in North America is giving rise to new aircraft. Demand for new aircraft in the region increases the adoption of aircraft doors. Increasing jet deliveries in North America by 2038, contributing to 31% of the global deliveries, as per Embraer report, is projected to fuel the market demand in the future.
Global Aircraft Door Market: Key Players Overview
Saab AB is a Sweden based company engages by providing military and defense solutions. The company offers a range of products used in the air, ground, naval applications. The product portfolio includes passenger doors, bulk cargo door, emergency door for different aircraft type. The company constantly looks ahead to push the company’s existing position in the commercial aviation sector. The company Saab has signed an agreement with the Airbus for the development and manufacture of the new design of the Over Wing Door in 2016.
Headquartered in Toulouse, France, Latécoère designs, manufactures, assembles, installats and MROfor the aircraft components. The company operates through offering aerostructures and interconnection system throughout the globe. In aero structure segment, it offers aircraft door and fuselage that meet the extremely high standards of safety and performance. It is accountable for the end-to-end process resulting into development, production, certification and in-service support for their aircraft doors.
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