According to a new market report published by Lucintel, the future of composites in the global aerospace interior market looks promising with opportunities in the commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Composite in the global aerospace interior market is expected to reach an estimated $468 million by 2023 with a CAGR of 4.7% from 2018 to 2023. The major growth drivers for this market are increasing deliveries of aircraft and the demand for lightweight materials.
Browse 93 market data tables and 117 figures spread through 199 pages and in-depth TOC on “Composites in the Global Aerospace Interior Market”
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In this market, different types of composites in aerospace interior such as interior panels, seating, galley, stowage bin, lavatory and others are used as application. On the basis of its comprehensive research, Lucintel forecasts that the interior panels will remain the largest application over the forecast period. The major parts fabricated from composites include floor panels, ceiling panels, sidewalls and partition walls. Increased focus on weight reduction and fuel efficiency by aircraft manufacturers has augmented the use of composites in aircraft interior.
By fiber type, glass fiber composite is expected to remain the largest segment over the forecast period. Carbon fiber composites is expected to witness the highest growth due to an increase in new aircraft applications, such as window frames and seat components and increasing penetration of carbon fiber composites in aircraft interior components.
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North America is expected to remain the largest region and witness the highest growth over the forecast period due to a significant increase in aircraft deliveries and increasing demand for lightweight materials.
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Emerging trends, which has a direct impact on the dynamics of composites in the global aerospace interior industry, includes introduction of composites for aircraft window frames and development of thermoplastic composite application in aircraft interiors. Hexcel, Gurit, Toray, Teijin, and SGL are among the major providers of composites in the global aerospace interior market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the composites in the global aerospace interior market by aircraft type, application, market type, manufacturing process, fiber type, resin type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Composites in the Global Aerospace Interior Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the composites in the global aerospace interior market by aircraft type, application, market type, manufacturing process, fiber type, resin type, and region as follows:
By Aircraft Type [Value ($M) and Volume (M lbs) from 2012 to 2023]:
- Commercial Aircraft
- Regional Aircraft
- General Aviation
- Helicopter
- Military Aircraft
By Application Type [Value ($M) and Volume (M lbs) from 2012 to 2023]:
- Interior Panels
- Seating
- Galley
- Stowage Bin
- Lavatory
- Others
By Market Type [Value ($M) and Volume (M lbs) from 2012 to 2023]:
- OEM
- Aftermarket
By Manufacturing Process [Value ($M) and Volume (M lbs) from 2012 to 2023]:
- Prepreg Layup
- RTM
- Others
By Fiber Type [Value ($M) and Volume (M lbs) from 2012 to 2023]:
- Glass Fiber
- Carbon Fiber
- Others
By Resin Type [Value ($M) and Volume (M lbs) from 2012 to 2023]:
- Phenolic
- Epoxy
- Others
By Region [Value ($M) from 2012 to 2023]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
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This 199-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aircraft-composites-interior-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the composites in the global aerospace interior market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), by application (interior panels, seating, galley, stowage bin, lavatory and others), by market type (OEM, and aftermarket), by manufacturing process (prepreg layup, RTM and Others), By fiber type (glass fiber, carbon fiber and others), By resin type (phenolic, epoxy and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
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