The Infinium Global Research analyzes the Aircraft Door Market over the period of 2021 to 2027. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in the global aircraft door market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of aircraft door. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the aircraft door market during the period. The global aircraft door market is projected to reach USD 7.73 billion by 2027 from USD 4.92 billion in 2021, growing at a CAGR of 7.82% over the forecast period of 2021-2027.
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The Increase in the Demand for Lightweight Aircraft Doors Propels the Market’s Growth
The increase in the demand for lightweight aircraft doors propels the market’s growth. The reduced weight aircraft uses lesser fuel which becomes very case sensitive in military aviation; hence there is a huge demand for lightweight yet strong aircraft doors and other aircraft parts for reducing overall weight. The manufacturers are adopting new techniques for maintaining the weight to strength ratio of the aircraft and using composites like black aluminium and cast aluminium. This reduces the aircraft’s overall weight and production cost, which is expected to drive the market’s growth during the forecast period. Moreover, there is growth in the acquisition of new aircraft in all the commercial, military, and general aviation segments, which has led to an increase in the demand for aircraft parts and components like doors. This can be a prime driving factor of the aircraft door market.
On the other hand, manufacturers are facing many issues related to the recyclability of composite materials used to reduce the weight of the aircraft door and other parts. This can hamper the growth of the aircraft door market during the forecast period. Additionally, there are some existing backlogs in the aircraft deliveries, which will negatively impact the market’s growth. Nevertheless, technological progressions like advanced passenger doors equipped with folding handrails and retractable steps that provide ease of operation and space optimization are giving tremendous opportunities to the market.
North America Is Expected to Dominate the Aircraft Door Market By Holding the Highest Market Share
The aircraft door market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to dominate the aircraft door market by holding the highest market share due to the strong presence of industry participants. For instance, prominent companies in North America like American Airlines Group Inc. and Delastek Inc. are working on aircraft's weight to strength ratio, creating massive demand for the product in the region. Furthermore, the European region is expected to witness significant growth during the forecast period due to the presence of OEMs such as Airbus SAS.
Moreover, the Asia Pacific region market is expected to register the highest CAGR during the forecast period due to growing aviation industries in countries such as China, Japan, and India, increasing the demand for aircraft doors in the region. Also, there is an increase in FDI of the major manufacturers in the region due to easy raw material availability, supporting industry growth. Additionally, the region has witnessed rapid growth in air passengers during the past few years.
Aircraft Door Market Coverage
Chapter - 1 Preface
- Report Description
- Research Methods
- Research Approaches
Chapter - 2 Executive Summary
- Aircraft Door Market Highlights
- Aircraft Door Market Projection
- Aircraft Door Market Regional Highlights
Chapter - 3 Global Aircraft Door Market Overview
- Market Dynamics
- Analysis of COVID-19 impact on the Aircraft Door Market
- Porter's Five Forces Analysis
- IGR-Growth Matrix Analysis
- Value Chain Analysis of Aircraft Door Market
Chapter - 4 Aircraft Door Market Macro Indicator Analysis
Chapter - 5 Global Aircraft Door Market by Door Type
- Passenger Doors
- Cargo Doors
- Service Access Doors
- Emergency Doors
- Landing Gear Doors
Chapter - 6 Global Aircraft Door Market by Application
Chapter - 7 Global Aircraft Door Market by End User
Chapter - 8 Global Aircraft Door Market by Region 2021-2027
- North America
Chapter - 9 Competitive Landscape in the Global Aircraft Door Market
- Airbus Helicopters
- Elbit Systems
- Triumph Group
- Mitsubishi Heavy Industries
- Collins Aerospace
- Safran SA
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the aircraft door.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2027.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.