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[aerospacendefense]

Gunshot Detection System Market is Forecasted to Reach US$ 1365.01 Million in 2028, Says Stratview Research

The global gunshot detection system market is projected to witness a growth rate of 10.74% annually from 2022 to 2028, with an anticipated size of US$ 1365.01 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global gunshot detection system market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 1365.01 million

Growth (CAGR): 10.74% during 2022-2028

Forecast Period: 2022-2028

Trend Period: 2016-2020

Base Year: 2021

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Gunshot Detection System Market:

The global Gunshot Detection System market is segmented based on Installation type, Application type, Solution type, System type, and Region.

Based on application type - The market is segmented as commercial and defense. The commercial segment is estimated to register a higher growth during the forecast period. The growth of the segment is driven by the demand for enhanced security in futuristic smart cities.

On the other hand, the defense application segment of gunshot detection systems includes soldier wearables, installation on armored vehicles, border crossings, and military installations at edifices and bases, among others. Defense systems are attentive at localization of the origin of gunshots and delivering information for counter-offensive strategies.

Based on installation type - The market is segmented into fixed installations, soldier-mounted, and vehicle installations. The fixed installations segment is estimated to witness the highest growth in the coming five years.

Nevertheless, the vehicle installations segment commands the global market and the market potential for GDS systems on vehicle installations will significantly escalate based on the growing demand for armored vehicles from the militaries across the globe.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The US gunshot detection system market is estimated to portray the highest growth during the forecast period. Factors contributing to the threat of gunfire-related incidents have been gun ownership in the US and illegal arms sales.

The rise in deaths or homicide incidents triggered off using guns is a grave concern in the region. The North American gunshot detection system market is expected to witness substantial growth, driven by the high number of firearm-related deaths in the region, especially in the US, where the firearm-related death rate outpaces other countries by 25 times.

Further, prominent US cities are deliberating to install indoor gunshot detection systems at corporate offices, universities, schools, hospitals, and financial facilities, among others, over the next 5 years. Europe and Asia-Pacific are also expected to offer sizeable growth opportunities during the forecast period.

Gunshot Detection System Market Drivers:

Some of the key drivers listed in the report are given below.

• Rising urban gun violence incidents accelerate adoption by law enforcement agencies seeking faster response times and precise shooter location capabilities.

• School security concerns fuel unprecedented investment in indoor gunshot detection systems integrated with lockdown and emergency notification protocols.

• Critical infrastructure protection mandates drive implementation across government facilities, transportation hubs, and energy installations as part of comprehensive security frameworks.

• Integration with smart city initiatives creates new deployment opportunities by incorporating gunshot detection within broader public safety sensor networks.

• Analytics capabilities evolution transforms these systems from simple detection tools to predictive platforms providing actionable intelligence on crime patterns and potential threat areas.

Top Companies in the Gunshot Detection System Market:

Stratview Research has identified the following companies as the top market players.

• Acoem Group

• Battelle Memorial Institute

• Compagnie Industrielle Des Lasers (CILAS)

• Databuoy Corporation

• ELTA Systems Ltd.

• Information System Technologies, Inc.

• Louroe Electronics

• Microflown Avisa B.V.

• Qinetiq North America

• Rheinmetall AG

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Gunshot Detection System Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Airfoils (Casting) Market is Forecasted to Reach US$ 9 billion in 2028, Says Stratview Research

The global airfoils (casting) market is projected to witness a growth rate of 7% annually from 2023 to 2028, with an anticipated size of US$ 9 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global airfoils (casting) market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 9 billion

Growth (CAGR): 7% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Airfoils (Casting) Market:

The global airfoils (casting) market is segmented based on industry type, application type, material type, end-user type, and region.

Based on industry type - The airfoils market is segmented into aircraft and industrial gas turbines. The aircraft industry is anticipated to be the dominant as well as the faster-growing segment in the coming years. Almost all the major airframers have announced to raise the production rates of their key programs. Supply chain disruption, labor shortage, inflation, etc. remain the major factors, increasing difficulties in achieving those targets. For instance; Boeing is targeting to produce an average rate of between 33 and 38 737s per month for 2023 (a total of about 400-450 units for the year), lower than that of its earlier projections (38 units per month in the first half of 2023 and 47 units per month by the end of 2023). Airbus forecasts the demand for new 39,490 passengers and freighter aircraft and air passenger traffic to increase by 3.6% annually over the next two decades. Similarly, Boeing anticipates about 41,170 commercial and regional aircraft are likely to be delivered in the next 20 years.

Based on the application type - The airfoils market is segmented into blades, vanes, shrouds, and others. Blade is expected to remain dominant, whereas vanes is expected to be the fastest-growing application type in the market during the forecast period. Blade erosion increases fuel consumption and power loss. High temperature, dust, moisture, and pollution affect the efficiency of blades. As a result, blades require regular maintenance and replacement.

Based on the material type - The market is segmented into nickel, titanium, stainless steel, and others. Nickel is expected to be the dominant material type in the market during the forecast period. Nickel is widely employed since it is durable and functional even at high temperatures. Titanium is expected to be the fastest-growing material type in the market during the forecast period. Titanium has the exceptional ability to meet strict aerospace constraints owing to its nearly perfect mix of low weight and great strength.

Based on the end-user type - The market is segmented into OE and aftermarket. OE is expected to be the dominating segment in the airfoils market during the forecast period, due to increasing production rates of important programs like the B737 and A320 family, and the entry of new competitors like COMAC. Aftermarket is expected to be the faster-growing segment in the coming years, owing to expanding fleet of commercial aircraft and the rising demand for improved lightweight components, which prompt the replacement of old components with advanced lightweight ones.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for airfoils, whereas Asia-Pacific is expected to be the fastest-growing region during the forecast period. This growth outlook is majorly attributed to the following-

- The United States has the largest domestic airfoils market in the world.

- North America has a large number of major OEMs, such as Boeing and Airbus, making the region a growth engine of the aerospace industry.

Airfoils (Casting) Market Drivers:

Some of the key drivers listed in the report are given below.

- Increasing aircraft production, replacement of existing parts (MRO), and technical developments that enhance product performance.

- The global aerospace industry is experiencing a high demand for commercial and military aircraft across regions.

- The rising use of airfoils in jet engines and gas turbines and the ongoing development of advanced engines paired with an expected increase in the production of key aircraft programs.

Top Companies in the Airfoils (Casting) Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• Howmet Aerospace

• Precision Castparts Corp.

• Consolidated Precision Products

• Doncasters Group

• Chromalloy Gas Turbine LLC

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Airfoils (Casting) Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Armored Vehicle Market is Forecasted to Reach US$ 39.58 Billion in 2028, Says Stratview Research

The global armored vehicle market is projected to witness a growth rate of 5.80% annually from 2023 to 2028, with an anticipated size of US$ 39.58 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global armored vehicle market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 39.58 billion

Growth (CAGR): 5.80% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Armored Vehicle Market:

The global Armored Vehicle market is segmented based on Mode of Operation type, Platform type, Mobility type, Type, and Region.

Based on mobility type - The market is segmented as tracked and wheeled. The wheeled segment accounts for the largest market share of more than 65% in 2022, & is expected to dominate the market during the forecast period.

The increasing demand for 4x4 armored vehicle transportation and ISR. For instance, In May 2020, China North Industries Group Corporation developed airdrop capable four-wheeled armored vehicle.

At the same time, the tracked segment is expected to experience the highest growth during the forecast period. The high growth is mainly attributed to the rising adoption of combat vehicles and tanks utilized in rough terrain.

Based on platform type - The market is bifurcated into combat, combat support vehicles, and unmanned armored ground vehicles. Combat vehicles accounted for a market share of more than 60% in 2022 & are expected to remain the biggest market for armored vehicles in the forecast period.

These vehicles are frequently used for vehicles by the military to ensure safety in case of an ambush or attack. Moreover, with the increasing terror threats and border disputes, the demand for armored vehicles is expected to intensify.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

Asia Pacific accounted for a share of more than 30% in 2022 & is expected to witness the fastest growth in the market during the forecast period. The key factors responsible for the growth are the increasing number of terrorist movements in countries and the rising spending on defense operations by emerging economies.

Countries such as China and India have risen defense budgets and are obtaining advanced armored vehicles. This, in turn, is expected to drive the growth of the Asia Pacific armored vehicles market during the forecast period.

North America is likely to grow at a significant CAGR in the market throughout the forecast period. This is mostly due to the high defense budget and spending to strengthen the armed forces.

The spending is mainly for the procurement of advanced defense vehicles and the modernization of defense fleets. Furthermore, the presence of major market players is also contributing to the growth.

Armored Vehicle Market Drivers:

Some of the key drivers listed in the report are given below.

• A substantial increase in asymmetric combat worldwide over the past decade because of political instability and sociocultural, economic, and religious factors.

• The increase in asymmetric combat has guided government organizations to embrace combat vehicles for defense and self-protection against insurgent or terrorist attacks, as armored vehicles extend security against blasts and ballistic attacks.

• Furthermore, such vehicles have turret gun systems fitted to counteract insurgent operations.

• For example, India is utilizing armored vehicles in eastern India for the execution of anti-Naxalite operations.

• The bilateral partnership between countries such as the African Union (AU) and the North Atlantic Treaty Organization (NATO) to deal with terrorism and sustain peace.

• Furthermore, numerous governments are deciding on the most recent machinery to deal with emergencies such as militant attacks and insurgencies.

• In recent years increased demand for unmanned systems globally because of their increasing usage by military forces of several countries for conducting combat operations and Intelligence, Surveillance, and Reconnaissance (ISR).

• Furthermore, the diminishing defense budgets of developed economies for example France, Germany, Spain, Italy, and the UK, have guided the improved procurement of unmanned systems to restore defense personnel, that utilize large volumes of logistic and equipment support.

Top Companies in the Armored Vehicle Market:

Stratview Research has identified the following companies as the top market players.

• Oshkosh Corporation

• Krauss-Maffei Wegmann

• Bae Systems Plc

• China North Industries Corporation (Norinco)

• Denel Soc Ltd.

• General Dynamics Corporation

• Hanwha Corporation

• Hyundai Rotem

• Mitsubishi Heavy Industries

• Nexter Group

• Ordnance Factory Board

• Otokar Otomotive Ve Savunma Sanayi

• Rheinmetall Ag

• Textron Inc.

• Ukroboronprom

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Armored Vehicle Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aerospace Robotics Market is Forecasted to Reach US$ 7.01 Billion in 2030, Says Stratview Research

The global aerospace robotics market is projected to witness a growth rate of 12.19% annually from 2025 to 2030 with an anticipated size of US$ 7.01 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aerospace robotics market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2030: US$ 7.01 billion

Growth (CAGR): 12.19% during 2025-2030

Forecast Period: 2025-2030

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Aerospace Robotics Market:

The global aerospace robotics market is segmented based on type, component type, technology type, application type, and region.

Based on type - The market is segmented as articulated, cylindrical, scara, cartesian, and others. The articulated type segment is estimated to register the highest growth during the forecast period. The growth is attributed to the fact that articulated robots are preferred in most aircraft manufacturing processes, owing to their precision and high flexibility.

Based on component type - The market is segmented as controller, sensors, drive, arm processor, and end effector. The controller segment was the largest component segment in 2024 and is also estimated to remain the largest segment in the coming five years. The unprecedented rise in aircraft deliveries is likely to underpin the market, which will consequently translate into healthy growth of the segment.

Based on technology type - The market is segmented as traditional and collaborative. The collaborative segment is expected to depict higher growth during the forecast period, owing to the gradual adoption of collaborative robots by the aerospace industry, marked by their ability to work alongside humans.

To know the most attractive segments, click here:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America accounted for the largest share of the aerospace robotics market in 2024. This growth outlook is majorly attributed to the following-

• The market is driven by the regional presence of major aircraft manufacturers and aircraft part manufacturers along with the growing demand for commercial aircraft, which is compelling aircraft manufacturers to opt for robots and industrial automation to enhance their monthly production.

Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Aerospace Robotics Market Drivers:

Some of the key drivers listed in the report are given below.

• Growing employment of robotics to manage aircraft order backlogs.

• Increasing use of robots for efficient aircraft production and mounting labor costs are the prime factors bolstering the global aerospace robotics market during the forecast period.

Top Companies in the Aerospace Robotics Market:

Stratview Research has identified the following companies as the top market players.

• ABB Group

• Electroimpact Inc.

• Fanuc Corporation

• Gudel AG

• Industrial Designs M. Torres

• Kuka AG

• Kawasaki Heavy Industries, Ltd.

• Sau

• Oliver Crispin Robotics Limited.

• Universal Robots A/S

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aerospace Robotics Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Robot End-Effector Market: https://stratviewresearch.com/3328/robot-end-effector-market.html

• Space Robotics Market: https://stratviewresearch.com/598/space-robotics-market.html

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Floor Panel Market is Forecasted to Reach US$ 727 million in 2034, Says Stratview Research

The global aircraft floor panel market is projected to witness a growth rate of 3.5% annually from 2024 to 2034, with an anticipated size of US$ 727 million by 2034, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft floor panel market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2034: US$ 727 million

Growth (CAGR): 3.5% during 2024-2034

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Floor Panel Market:

The global aircraft floor panel market is segmented based on aircraft type, core material type, sales channel type, end-user type, and region.

Based on aircraft type - the market is bifurcated into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. Narrow-body aircraft dominate the aircraft floor panels market due to their high production volume for short to medium-haul routes. The segment's growth is driven by the demand for lightweight, durable materials that improve fuel efficiency and reduce costs. These aircraft require high-performance floor panels made from advanced, lightweight composite materials, which enhance fuel efficiency and reduce operational costs. Wide-body aircraft witnessed an enormous decline amid the pandemic, greater than all other aircraft types. Furthermore, the grounding of B787 dented the recovery that was expected from the market participants earlier. However, the long-term business outlook still seems favorable to the market participants as both Boeing and Airbus have announced that they will ramp up their production rates of B787 and A350XWB, respectively, in the coming years.

Based on the core material type - The market is segmented into Nomex honeycomb, Aluminum honeycomb, and other core material types. Nomex honeycomb floor panels are extensively used in all types of aircraft, including narrow-body and wide-body ones. Nomex honeycomb offers several benefits, such as being lightweight, outstanding rigidity, strength, and resistance to corrosion and fire. Also, it is thermally stable and has excellent dielectric characteristics.

Based on the end-user type - The market is segmented as OE and aftermarket. OE is anticipated to be a larger demand generator of the aircraft floor panel market and is expected to witness faster growth in the coming years. The plan to increase the production rates of existing aircraft programs to support the rebounding demand and new aircraft programs (COMAC C919 and Boeing's B777x) are the main factors contributing to its supremacy. It is anticipated that both the OE and aftermarket segments are likely to experience significant growth rates in the coming years.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth. This growth outlook is majorly attributed to the following-

- The presence of numerous small- to large-sized OEMs in this region.

- This region has been a pioneer in the aerospace industry.

- Most of the participants have production and assembly facilities in North America.

- Additionally, all the industry's central floor panel producers are present in the area to assist OEMs in creating advanced products that satisfy airline criteria.

Aircraft Floor Panel Market Drivers:

Some of the key drivers listed in the report are given below.

- Rising air travel demand, increasing aircraft production, and advancements in lightweight composite materials.

- Stringent aviation safety regulations and the growing adoption of fuel-efficient aircraft.

- Additionally, the demand for durable, fire-resistant, and lightweight floor panels enhances market expansion.

Top Companies in the Aircraft Floor Panel Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• EFW GmbH

• The Gill Corporation

• Triumph Group, Inc.

• Boeing Encore Interiors LLC

��� AVIC Cabin Systems Limited

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Floor Panel Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Smart Airport Market is Forecasted to Reach US$ 4.4 Billion in 2026, Says Stratview Research

The global smart airport market is projected to witness a growth rate of 12.5% annually from 2021 to 2026, with an anticipated size of US$ 4.4 billion by 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global smart airport market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2026: US$ 4.4 billion

Growth (CAGR): 12.5% during 2021-2026

Forecast Period: 2021-2026

Trend Period: 2015-2019

Base Year: 2020

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Smart Airport Market:

The global smart airport market is segmented based on system type, location type, and region.

Based on system type - The market has been segmented into communication & network systems, endpoint devices, data storage, and software & solutions. Among these, the communication & network systems segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period.

To know the most attractive segments, click here:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North American region accounted for the largest market share in 2020. This growth outlook is majorly attributed to the following-

• The regional market growth can be attributed to the widespread adoption of advanced technologies in the airports coupled with the presence of key market players such as Ascent Technology, Inc. (US) and Cisco Systems (US).

• The market growth in the Asia-Pacific region is likely to be driven by an increasing focus on the development of smart airports, particularly in developing countries including China and India.

Smart Airport Market Drivers:

Some of the key drivers listed in the report are given below.

• Surge in Air Passenger Travel in Developed Countries.

• Increasing Focus on Customer-Centric Approaches.

Top Companies in the Smart Airport Market:

Stratview Research has identified the following companies as the top market players.

• Ascent Technology, Inc. (US)

• Cisco Systems (US)

• Honeywell International Inc. (US)

• Huawei Investment & Holding Co., Ltd. (China)

• International Business Machines Corporation (US)

• Indra Sistemas, S.A. (Spain)

• L3Harris Technologies Inc. (US)

• Raytheon Technologies Corporation (US)

• SITA (Switzerland)

• Thales Group (France)

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Smart Airport Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aircraft Communication System Market: https://www.stratviewresearch.com/554/aircraft-communication-system-market.html

• Tactical Communication Market: https://www.stratviewresearch.com/2965/tactical-communication-market.html

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176h

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Floor Panel Market is Forecasted to Reach US$ 727 million in 2034, Says Stratview Research

The global aircraft floor panel market is projected to witness a growth rate of 3.5% annually from 2024 to 2034, with an anticipated size of US$ 727 million by 2034, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft floor panel market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2034: US$ 727 million

Growth (CAGR): 3.5% during 2024-2034

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Floor Panel Market:

The global aircraft floor panel market is segmented based on aircraft type, core material type, sales channel type, end-user type, and region.

Based on aircraft type - the market is bifurcated into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. Narrow-body aircraft dominate the aircraft floor panels market due to their high production volume for short to medium-haul routes. The segment's growth is driven by the demand for lightweight, durable materials that improve fuel efficiency and reduce costs. These aircraft require high-performance floor panels made from advanced, lightweight composite materials, which enhance fuel efficiency and reduce operational costs. Wide-body aircraft witnessed an enormous decline amid the pandemic, greater than all other aircraft types. Furthermore, the grounding of B787 dented the recovery that was expected from the market participants earlier. However, the long-term business outlook still seems favorable to the market participants as both Boeing and Airbus have announced that they will ramp up their production rates of B787 and A350XWB, respectively, in the coming years.

Based on the core material type - The market is segmented into Nomex honeycomb, Aluminum honeycomb, and other core material types. Nomex honeycomb floor panels are extensively used in all types of aircraft, including narrow-body and wide-body ones. Nomex honeycomb offers several benefits, such as being lightweight, outstanding rigidity, strength, and resistance to corrosion and fire. Also, it is thermally stable and has excellent dielectric characteristics.

Based on the end-user type - The market is segmented as OE and aftermarket. OE is anticipated to be a larger demand generator of the aircraft floor panel market and is expected to witness faster growth in the coming years. The plan to increase the production rates of existing aircraft programs to support the rebounding demand and new aircraft programs (COMAC C919 and Boeing's B777x) are the main factors contributing to its supremacy. It is anticipated that both the OE and aftermarket segments are likely to experience significant growth rates in the coming years.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth. This growth outlook is majorly attributed to the following-

- The presence of numerous small- to large-sized OEMs in this region.

- This region has been a pioneer in the aerospace industry.

- Most of the participants have production and assembly facilities in North America.

- Additionally, all the industry's central floor panel producers are present in the area to assist OEMs in creating advanced products that satisfy airline criteria.

Aircraft Floor Panel Market Drivers:

Some of the key drivers listed in the report are given below.

- Rising air travel demand, increasing aircraft production, and advancements in lightweight composite materials.

- Stringent aviation safety regulations and the growing adoption of fuel-efficient aircraft.

- Additionally, the demand for durable, fire-resistant, and lightweight floor panels enhances market expansion.

Top Companies in the Aircraft Floor Panel Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• EFW GmbH

• The Gill Corporation

• Triumph Group, Inc.

• Boeing Encore Interiors LLC

• AVIC Cabin Systems Limited

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Floor Panel Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Seals Market is Forecasted to Reach US$ 2.5 Billion in 2034, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global aircraft seals market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2034: US$ 2.5 billion

Growth (CAGR): 3.4% during 2024-2034

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 7

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Seals Market:

The global Aircraft Seals market is segmented based on Aircraft type, Application type, Function type, Material type, End-User type, Motion type, and Region.

Based on aircraft type - The aircraft seals market is divided into light commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Commercial aircraft are anticipated to hold the largest share in the aircraft seals market throughout the forecast period, driven by robust growth in global air travel, substantial aircraft production forecasts, and a significant order backlog. These factors collectively contribute to sustained demand for sealing solutions in commercial aviation.?

According to Boeing's 2024 Commercial Market Outlook, approximately 43,975 new commercial aircraft deliveries are anticipated by 2043, encompassing 33,380 single-aisle jets, 8,065 widebody aircraft, and 1,525 regional jets. Similarly, Airbus projects 42,430 new aircraft deliveries over the next two decades, with a notable increase in demand for widebody jets, particularly in markets like South and North America. This surge in aircraft production underscores the escalating need for advanced sealing technologies to ensure safety, efficiency, and compliance with stringent regulatory standards.?

Furthermore, Boeing and Airbus collectively hold an order backlog of approximately 14,849 commercial aircraft as of February 2025, reflecting sustained demand and long-term commitments from airlines worldwide. This extensive backlog not only signifies the resilience of the commercial aviation industry but also highlights the critical role of aircraft seals in maintaining operational integrity across diverse flight conditions.

Based on application type - The aircraft seals market is divided into airframe, nacelles & engines, aircraft interiors, landing gear wheels & brakes, flight control actuation & hydraulics, and other applications.

The airframe segment is anticipated to dominate the aircraft seals market throughout the forecast period due to its extensive use of seals in multiple critical structural areas of an aircraft. Airframe components such as fuselage, wings, flight control surfaces, access panels, and doors require a wide variety of sealing solutions to ensure aerodynamic integrity, prevent fluid and air leakage, reduce noise, and protect against environmental factors like dust, moisture, and extreme temperatures. These seals are essential not only for enhancing safety and performance but also for improving fuel efficiency and minimizing maintenance needs.

With the growing production of commercial and military aircraft globally, the demand for high-performance airframe seals continues to rise. Modern aircraft designs increasingly emphasize weight reduction, fuel efficiency, and longer service intervals, all of which require advanced sealing materials and technologies. Additionally, the shift toward composite materials and the use of new-generation aircraft with more complex airframe geometries is creating further opportunities for innovation in airframe seal designs.

Also, since airframes go through regular maintenance and overhauls, the seals used in them are often inspected and replaced, which helps keep demand steady in the aftermarket. Because these seals are so important for keeping the aircraft safe and running smoothly, the airframe segment is likely to stay the biggest part of the aircraft seals market in the long run.

To know the most attractive segments, visit:

Which Country Shows the Most Promising Growth Forecast and Opportunity?

North America is expected to maintain its dominance in the aircraft seals market due to its well-established aerospace industry, which includes major players like Boeing, Lockheed Martin, and a robust network of OEMs and MRO service providers. The region has a high demand for advanced sealing solutions, driven by continuous aircraft production, fleet modernization, and the need to meet stringent safety and environmental regulations. Furthermore, North America's aerospace industry benefits from significant investment in research and development, fostering innovation in sealing materials and technologies. With a large number of aircraft in service and a growing focus on fuel efficiency and safety, North America will continue to be the leading market for aircraft seals during the forecast period.

In contrast, Asia-Pacific is expected to be the fastest-growing region in the aircraft seals market, driven by the rapid expansion of the aviation industry in emerging economies such as China, India, and Southeast Asia. The rising demand for commercial air travel in these regions, coupled with increasing aircraft production and fleet expansion, is creating significant opportunities for aircraft seal manufacturers.

Aircraft Seals Market Drivers:

Some of the key drivers listed in the report are given below.

• Rising global air traffic, increasing aircraft production, and the modernization of existing fleets.

• The growing emphasis on fuel efficiency and aircraft weight reduction has led to the development of advanced, lightweight sealing solutions.

• The increasing adoption of next-generation aircraft with higher performance requirements is boosting demand for high-temperature and high-pressure-resistant seals.

• The expansion of military and defense aviation, especially in emerging economies, has created robust demand for durable and technologically advanced sealing systems.

• The trend toward More Electric Aircraft (MEA) and hybrid propulsion systems is influencing the evolution of seal designs to accommodate electric and electronic systems that require improved thermal management and environmental protection.

Top Companies in the Aircraft Seals Market:

Stratview Research has identified the following companies as the top market players.

• Hutchinson SA

• Trelleborg AB

• Parker Hannifin Corporation

• Freudenberg Group

• SKF Group

• Green Tweed & Co.

• EnPro Industries

• Saint-Gobain S.A.

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Aircraft Seals Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aerospace Hose and Tube Assemblies Market is Forecasted to Reach US$ 1.9 billion in 2028, Says Stratview Research

The global aerospace hose and tube assemblies market is projected to witness a growth rate of 8.3% annually from 2023 to 2028, with an anticipated size of US$ 1.9 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aerospace hose and tube assemblies market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 1.9 billion

Growth (CAGR): 8.3% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 6

Number of Tables & Graphs: 100+

Segment Insights on the Aerospace Hose and Tube Assemblies Market:

The global aerospace hose and tube assemblies market is segmented based on platform type, product type, material type, pressure type, application type, and region.

Based on the product type - The market is segmented into hose assemblies and tube assemblies. Tube assemblies are further segmented into steel & alloys, titanium & alloys, nickel & alloys, and others; whereas hose assemblies are into Teflon, rubber, and others. Overall, tube assemblies held a share of more than >60% of the market in 2022 and are expected to maintain their leads by 2028. Tubes are used in stationary applications; where long and relatively straight runs are possible. They are widely used for fuel, oil, coolant, oxygen, instruments, and hydraulic lines. Titanium & alloys dominated the tube assemblies market, whereas Teflon took the lead in the hose assemblies market. Titanium tubes are used in high-pressure areas as they can endure pressure ranging from 0-4000 psi.

Based on the application type - We have segmented the market as fuel conveyance, air conveyance, hydraulic conveyance, and others. Hydraulic conveyance held a share of >35% of the market in 2022 and is estimated to remain the largest and fastest-growing application segment over the next five years. Commonly used materials in hydraulic tubing include aluminum (typically 6061T6), corrosion-resistant steel (CRES alloys, such as 300 series and more robust materials, such as 21-6-9), and titanium (such as 3AI-2.5V).

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America held a share of >45% of the market in 2022 and is expected to remain the largest market for aerospace hose and tube assemblies during the forecast period. This growth outlook is majorly attributed to the following-

- The USA is the growth engine of the region's market with the presence of major aircraft OEMs, tier players, hose and tube suppliers, and airlines.

- All the major hose and tube assembly suppliers have their presence in the region to address the emergent needs of the OEMs to be the partners for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.

Aerospace Hose and Tube Assemblies Market Drivers:

Some of the key drivers listed in the report are given below.

- Rising air travel demand, increasing aircraft production, and the need for fuel-efficient systems.

- Technological advancements, growing defense budgets, and the modernization of existing fleets further propel market growth.

Top Companies in the Aerospace Hose and Tube Assemblies Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• Eaton Corporation plc

• Parker-Hannifin Corporation

• Smiths Group plc

• PFW Aerospace GmbH

• Leggett & Platt, Inc.

• AMETEK, Inc.

• Unison Industries

• Stelia Aerospace

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aerospace Hose and Tube Assemblies Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aerospace Hose Assemblies Market: https://www.stratviewresearch.com/2393/aerospace-hose-assemblies-market.html

• Aerospace Tube Assemblies Market: https://www.stratviewresearch.com/2382/aerospace-tube-assemblies-market.html

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Harsh Harness Market is Forecasted to Reach US$ 0.3 billion in 2034, Says Stratview Research

The global aircraft harsh harness market is projected to witness a growth rate of 3.7% annually from 2024 to 2034, with an anticipated size of US$ 0.3 billion by 2034, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft harsh harness market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 293 million

Growth (CAGR): 10% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Harsh Harness Market:

The global aircraft harsh harness market is segmented based on platform type, application type, end-user type, and region.

Based on platform type - The aircraft harsh harness market is segmented into commercial aircraft, military aircraft, general aviation, regional aircraft, and helicopters. Commercial aircraft is expected to remain the largest and fastest-growing platform type in the market during the forecast period. A rise in the production rates of various commercial aircraft is anticipated to boost the market demand in the coming years. Boeing, in its recent outlook (2022-2041), predicted that there would be deliveries of about 41,170 commercial and regional aircraft over the next twenty years, averaging over 2,059 aircraft each year.

Based on the application type - The market is segmented into engines, wings, and landing gears. Engine is expected to remain the dominant application type in the market during the forecast period. Key applications of the harsh harness are engine inlet and engine ice protection system (EIPS). Safran S.A. and GKN Aerospace are the leading players in engine application. The landing gears segment is likely to witness the highest growth in the market during the forecast period.

Based on the end-user type - The aircraft harsh harness market is segmented into OE and aftermarket. OE is estimated to remain the sole source of demand for harsh harnesses in the foreseeable future. Aftermarket holds a negligible share of the market. Wires & cables (or harnesses) do not need to be replaced because their life span is almost the same as the aircraft's life.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for aircraft harsh harnesses during the forecast period. This growth outlook is majorly attributed to the following-

- The USA is the growth engine of the region's market and has one of the largest fleets of commercial and military aircraft in the world.

- Due to the presence of major companies, the region is the early go-getter in the industry, in terms of, technology and material adoption.

- Asia-Pacific is likely to grow at the fastest pace in the market over the next five years, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, increasing defense budget of key economies, the opening of assembly plants of Boeing and Airbus, and upcoming indigenous commercial aircraft (COMAC C919).

Aircraft Harsh Harness Market Drivers:

Some of the key drivers listed in the report are given below.

- Increase in the production rate of key programs (A320neo, B737 Max, A220, B787, and A350XWB).

- The introduction of new aircraft programs (C919, MC-21, B777x, etc.).

- Increasing investments in electrical aircraft.

- Increasing use of wires & cables in modern aircraft.

Top Companies in the Aircraft Harsh Harness Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• Safran S.A.

• GKN Aerospace (Part of Melrose Industries PLC)

• Latecoere

• Unison Industries, LLC

• Glenair

• Ducommun Incorporated

• Ultra

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Harsh Harness Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aircraft Wiring Harness Market: https://www.stratviewresearch.com/1893/aircraft-wiring-harness-market.html

• Aircraft Landing Gear Market: https://www.stratviewresearch.com/694/aircraft-landing-gear-market.html

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Missile Composites Market is Forecasted to Reach US$ 202.1 Million in 2031, Says Stratview Research

The global missile composites market is projected to witness a growth rate of 6.2% annually from 2024 to 2031, with an anticipated size of US$ 202.1 million by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global missile composites market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2031: US$ 202.1 million

Growth (CAGR): 6.2% during 2024-2031

Forecast Period: 2024-2031

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Missile Composites Market:

The global Missile Composites market is segmented based on Material type, Missile type, Range type, Application type, and Region.

Based on material type - The missile composite is segmented into carbon composite materials, glass composite materials, aramid composite materials, and ceramic composite materials.

Carbon composite materials are expected to remain the most dominant material type for missiles due to their exceptional strength-to-weight ratio, high durability, and resistance to extreme environmental conditions. These materials are crucial for missile performance, as they significantly reduce the overall weight of the missile while maintaining structural integrity, which is essential for high-speed flight and long-range capabilities. Additionally, carbon composites offer excellent thermal resistance, which is critical for missiles that experience intense heat during launch and flight. Their fatigue resistance and ability to withstand high-impact forces make them ideal for the demanding environments missiles operate in. Furthermore, carbon composites are highly corrosion-resistant, ensuring long-term reliability and performance in various weather conditions. As missile technology continues to advance, particularly with the development of precision-guided, hypersonic, and long-range missile systems, the demand for lightweight, high-performance materials like carbon composites will continue to grow, reinforcing their dominance in the market.

Based on missile type - The market is segmented into ballistic missiles and cruise missiles. Ballistic missiles are likely to hold the major share of the missile market during the forecast period due to their widespread use, strategic importance, and ongoing technological advancements aimed at improving their range, speed, and payload capacity. For instance, DRDO was able to increase the range of the Agni-5 missile beyond 7,000 km by replacing steel with composites. Ballistic missiles, which are launched into a high arc and then descend towards their target, require materials that can withstand intense aerodynamic forces and high-speed reentry conditions. The increasing focus on enhancing the range and payload of ballistic missiles has driven the demand for advanced composite materials, which provide the necessary strength-to-weight ratio and heat resistance.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

Asia-Pacific leads the Missile Compositess market because it is a world leader in EV manufacturing, and China, Japan, and South Korea are in the lead. The region is supported by an extensive automotive supply chain, facilitating low-cost production. Government subsidies, policies, and emissions control push EV growth, fueling composite demand. Urbanization and growing consumer needs also increase EV sales. Labor and production expenses are lower, making Asia-Pacific a cost-competitive manufacturing region. R&D and innovation investments improve material performance and efficiency. These, as a whole, support the region's market leadership.

Missile Composites Market Drivers:

Some of the key drivers listed in the report are given below.

• Global defense modernization, increasing military conflicts, and rising investments in next-generation weapons.

• As global defense budgets rise, especially in regions like North America, Asia-Pacific, and Europe, countries are investing more in missile defense systems, including precision-guided missiles, hypersonic weapons, and anti-ballistic missiles. These advanced missile systems require high-performance materials, driving the demand for missile composites.

• Modern missiles require materials that offer lightweight strength, aerodynamic efficiency, and heat resistance-all of which are characteristics of composite materials. Composites contribute to the missile's performance by reducing weight while maintaining structural integrity and heat resistance, which is crucial for high-speed and long-range missile systems.

Top Companies in the Missile Composites Market:

Stratview Research has identified the following companies as the top market players.

• Hexcel Corporation

• Syensqo S.A.

• Toray industries, Inc.

• Gurit

• Owens Corning

• Mitsubishi Chemical Group Corporation

• DuPont de Nemours, Inc.

• SGL Carbon SE

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Missile Composites Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Postal Address:

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Engine Forging Market is Forecasted to Reach ~US$ 22 billion in 2028, Says Stratview Research

The global aircraft engine forging market is projected to witness a growth rate of 7.2% annually from 2023 to 2028, with an anticipated size of ~US$ 22 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft engine forging market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: ~US$ 22 billion

Growth (CAGR): 7.2% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 8

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Engine Forging Market:

The global aircraft engine forging market is segmented based on aircraft type, process type, component size type, material size type, engine size type, application size type, end-user size type, and region.

Based on aircraft type - We have segmented our market into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Commercial aircraft is expected to be the dominant as well as the fastest-growing segment of the aircraft engine forging market during the forecast period. Commercial aircraft engines require relatively advanced technologies to meet performance, efficiency, and environmental standards.

There has been a great use of forging and investment casting in commercial aircraft engines, almost in all sections of engines. A handful of engines (LEAP, GEnx, P&W 1000, Trent XWB, etc.) secure the majority of the market demand. Despite short-term market fluctuations caused by macro factors, the long-term market demand seems quite favorable to the industry participants.

Based on the process type - The aircraft engine forging market is segmented into open-die forging and closed-die forging. The close die is expected to remain the larger as well as the faster-growing process in the aircraft engine forging market during the forecast period.

Complex and exceptionally precise components with great strength can be produced using closed-die forging. Closed-die forging is well-suited for manufacturing components such as turbine disks, compressor blades, shafts, and connecting rods. Closed-die forging allows manufacturers to maximize the yield from raw materials, which eventually reduces the overall cost.

Based on the component size type - The market is segmented into small components and large components.

The large components category is expected to be the dominating one in the market in the years to come. Engine performance and safety depend heavily on large components such as structural parts, compressor rotors, and turbine discs. During use, these parts are exposed to heavy rotational forces, high temperatures, and mechanical stresses.

Based on the material type - The market is segmented into nickel, titanium, stainless steel, aluminum, and others. Nickel is expected to maintain its dominance, whereas titanium is expected to be the fastest-growing material type during the forecast period.

Nickel is well suited for the harsh operating conditions of aviation engines; they have outstanding high-temperature strength and creep resistance. Nickel can maintain its mechanical properties at elevated temperatures, which is crucial for components exposed to hot gases and extreme thermal environments. Nickel alloys provide enhanced protection against corrosion, ensuring the longevity and reliability of aircraft engines, and have better electrical conductivity and magnetic properties.

Based on the engine type - The market is segmented into turbofan, turboprop, turbojet, and turboshaft. The turbofan engine is expected to be the dominant as well as the fastest-growing segment during the forecast period.

Turbofans are the preferred choice for commercial aviation. Commercial aircraft account for most of the market, which, in turn, increases the dominance of turbofan engines. Turbofans are ideal for commercial aircraft because they maintain a balance between fuel efficiency, thrust, and noise reduction. Nickel-based superalloys are selected in turbofan engines because of their ability to withstand extreme conditions. CFM (Safran/GE JV) delivered 1,136 LEAP engines (certified for A320neo, B737Max, and C919) in 2022 and has set a target to deliver 1,300 engines in 2023, all these factors are going to boost the demand for various forged engine components soon.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is likely to remain the most dominant region, whereas Asia-Pacific is expected to be the fastest-growing region in the long-term scenario. This growth outlook is majorly attributed to the following-

- North America has a robust aerospace industry, with major engine manufacturers and OEMs located in the region. Companies, such as General Electric, Pratt & Whitney, and Rolls-Royce, have significant operations and a strong presence in North America.

- These companies drive the demand for forging and contribute to the dominance of the region in the market. Also, North American engine manufacturers have a long history of technological advancements and innovation in aircraft engine design and manufacturing.

- They invest heavily in research & development to improve engine performance, efficiency, and environmental sustainability.

Aircraft Engine Forging Market Drivers:

Some of the key drivers listed in the report are given below.

- The aircraft engine industry has been evolving over the years, driven by various factors such as increasing preference for air travel, rising demand for fuel-efficient aircraft, and technological advancements in engine design.

- All the major engine manufacturers are adopting different strategies to develop new models of engines that consume less fuel and produce less noise.

- As aircraft engines become more advanced and efficient, the demand for forged components with superior performance characteristics such as lightweight, corrosion resistance, heat resistance, and high strength, has increased.

Top Companies in the Aircraft Engine Forging Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• Precision Castparts Corp.

• Forgital Group

• ATI Inc.

• Doncasters Group

• Voestalpine BÖHLER Aerospace GmbH & Co KG

• Aubert & Duval SAS

• Otto Fuchs KG

• Howmet Aerospace

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Engine Forging Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aircraft Forging Market: https://www.stratviewresearch.com/3520/aircraft-forging-market.html

• Aircraft Closed-Die Forging Market: https://www.stratviewresearch.com/3531/aircraft-closed-die-forging-market.html

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About Us:

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Civil Aircraft MRO Market is Forecasted to Reach US$ 124.4 Billion in 2034, Says Stratview Research

The global civil aircraft MRO market is projected to witness a growth rate of 1.8% annually from 2024 to 2034, with an anticipated size of US$ 124.4 billion by 2034, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global civil aircraft MRO market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2034: US$ 124.4 billion

Growth (CAGR): 1.8% during 2024-2034

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Segment Insights on the Civil Aircraft MRO Market:

The global Civil Aircraft MRO market is segmented based on System type, Media type, End-User type, and Region.

Based on MRO type - The expansion of commercial and private aircraft fleets globally increases the need for continuous Line MRO and Engine MRO services, thus consistently driving demand for maintenance and repair solutions. With aircraft operating for long durations, components undergo frequent wear and tear. This necessitates regular checks and replacements, creating continuous growth opportunities in Line and Engine MRO services. Stringent international aviation safety and environmental regulations require airlines to maintain their fleets in optimal condition, increasing demand for compliant Line MRO and Engine MRO services to meet industry standards.

Based on aircraft type - Growth in long-haul travel brings an increase in the number of wide-body aircraft, and increasing MRO specialization is then needed to improve and maintain it. Airline fleet development through large, particularly wide-body aircraft, is growing. These MRO requirements are focused on a higher, and hence more complicated, number of planes. The wide-body aircraft are relatively more significant and have complex systems, so the maintenance requirement is advanced and specialized. Also, they fly for a long time, and that creates enormous opportunities for growth in MRO services. As the older wide-body aircraft are being upgraded to the latest safety and efficiency standards, there is a rise in MRO services on system modernization and repairs.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America is home to one of the largest fleets of commercial aircraft, which creates a constant demand for MRO services to ensure fleet readiness and safety. The growing number of air passengers and flights in North America fuels the need for ongoing maintenance and repairs, offering significant growth opportunities for MRO service providers. The civil aircraft MRO market in North America is further fuelled by technological advancements in the aviation industry that necessitate more specialized maintenance, upgrades, and repairs. North America is known for strict regulations regarding safety standards and environmental aspects of aviation. These regulations necessitate periodic and stringent maintenance, thus requiring MRO services to be adhered to and ensuring safe operational standards.

Civil Aircraft MRO Market Drivers:

Some of the key drivers listed in the report are given below.

• The rising global air traffic directly increases the demand for maintenance services.

• Aging aircraft fleets require more frequent repairs and component replacements.

• Advancements in aircraft technology necessitate specialized maintenance.

• Escalating fuel prices and the need for operational efficiency compel airlines to optimize their fleets.

• Regulatory requirements for safety and sustainability.

Top Companies in the Civil Aircraft MRO Market:

Stratview Research has identified the following companies as the top market players.

• GE Aerospace

• Raytheon Technologies Corporation (RTX)

• Honeywell Aerospace

• Rolls-Royce PLC

• Lufthansa Technik AG

• Safran S.A.

• KLM- Air France Group

• Standard Aero

• Leonardo S.p.A

• Hong Kong Aircraft Engineering Company Limited (HAECO)

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Civil Aircraft MRO Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Explore more reports here:

• Aircraft MRO Market: https://www.stratviewresearch.com/3920/aircraft-mro-market.html

• Military Aircraft MRO Market: https://www.stratviewresearch.com/3919/military-aircraft-mro-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Harsh Harness Market is Forecasted to Reach US$ 293 million in 2028, Says Stratview Research

The global aircraft harsh harness market is projected to witness a growth rate of 10% annually from 2023 to 2028, with an anticipated size of US$ 293 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft harsh harness market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 293 million

Growth (CAGR): 10% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Harsh Harness Market:

The global aircraft harsh harness market is segmented based on platform type, application type, end-user type, and region.

Based on platform type - The aircraft harsh harness market is segmented into commercial aircraft, military aircraft, general aviation, regional aircraft, and helicopters. Commercial aircraft is expected to remain the largest and fastest-growing platform type in the market during the forecast period. A rise in the production rates of various commercial aircraft is anticipated to boost the market demand in the coming years. Boeing, in its recent outlook (2022-2041), predicted that there would be deliveries of about 41,170 commercial and regional aircraft over the next twenty years, averaging over 2,059 aircraft each year.

Based on the application type - The market is segmented into engines, wings, and landing gears. Engine is expected to remain the dominant application type in the market during the forecast period. Key applications of the harsh harness are engine inlet and engine ice protection system (EIPS). Safran S.A. and GKN Aerospace are the leading players in engine application. The landing gears segment is likely to witness the highest growth in the market during the forecast period.

Based on the end-user type - The aircraft harsh harness market is segmented into OE and aftermarket. OE is estimated to remain the sole source of demand for harsh harnesses in the foreseeable future. Aftermarket holds a negligible share of the market. Wires & cables (or harnesses) do not need to be replaced because their life span is almost the same as the aircraft's life.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for aircraft harsh harnesses during the forecast period. This growth outlook is majorly attributed to the following-

- The USA is the growth engine of the region's market and has one of the largest fleets of commercial and military aircraft in the world.

- Due to the presence of major companies, the region is the early go-getter in the industry, in terms of, technology and material adoption.

- Asia-Pacific is likely to grow at the fastest pace in the market over the next five years, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, increasing defense budget of key economies, the opening of assembly plants of Boeing and Airbus, and upcoming indigenous commercial aircraft (COMAC C919).

Aircraft Harsh Harness Market Drivers:

Some of the key drivers listed in the report are given below.

- Increase in the production rate of key programs (A320neo, B737 Max, A220, B787, and A350XWB).

- The introduction of new aircraft programs (C919, MC-21, B777x, etc.).

- Increasing investments in electrical aircraft.

- Increasing use of wires & cables in modern aircraft.

Top Companies in the Aircraft Harsh Harness Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• Safran S.A.

• GKN Aerospace (Part of Melrose Industries PLC)

• Latecoere

• Unison Industries, LLC

• Glenair

• Ducommun Incorporated

• Ultra

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Harsh Harness Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aircraft Wiring Harness Market: https://www.stratviewresearch.com/1893/aircraft-wiring-harness-market.html

• Aircraft Landing Gear Market: https://www.stratviewresearch.com/694/aircraft-landing-gear-market.html

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Aircraft Installation Tools Market is Forecasted to Reach US$ 0.6 billion in 2032, Says Stratview Research

The global aircraft installation tools market is projected to witness a growth rate of 1.8% annually from 2024 to 2032, with an anticipated size of US$ 0.6 billion by 2032, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft installation tools market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2032: US$ 0.6 billion

Growth (CAGR): 1.8% during 2024-2032

Forecast Period: 2024-2032

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Installation Tools Market:

The global aircraft installation tools market is segmented based on aircraft type, sales-channel type, end-user type, tools type, and region.

Based on aircraft type - The market is segmented into commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation.

Commercial aircraft is forecasted to emerge as the foremost and most tool-consuming category in the market during the forecast period. The commercial aviation industry is rebounding globally. The rise in civil aviation and air cargo transportation is significantly boosting the demand for commercial aircraft. As the fleet size rises, the need for installation tools will become more pronounced. The rising demand for fasteners and fluid fittings in the aircraft industry will fuel the demand for installation tools. Commercial airlines operate under strict safety and regulatory standards, requiring frequent and comprehensive MRO cycles. Airframes have a planned calendar for MRO, generating consistent demand for avionics requirements tools.

Based on the sales-channel type - The market is segmented into indirect sales and direct sales.

Indirect sales constitute the bigger chunk of the pie due to abundant distributors offering a diverse range of tools from multiple manufacturers. The tooling business differs from the fastener business, with a significant dominance of indirect sales, mainly due to the low ticket/order size paired with many MRO providers. Since the start of this decade, distributors and tool manufacturers have strategically collaborated with airlines and military aviation organizations to make the supply chain more resilient. Distributors offer a wide range of variations and custom kitting solutions. They also provide after-sales and repair services.

Based on the end-user type - The market is segmented into OEMs, tier players, and MRO.

Aftermarket sales have dominated in the past few years and will likely maintain dominance by 2032. OEMs strategically collaborate with the tool manufacturers to ensure a smooth and consistent supply. Both civil and military aviation fleets are enormous and have a significant demand for service and repair. This marks the growth of aftermarket sales of these tools. The massive increase in the operating fleets, mainly low-cost carriers, particularly in emerging economies, has also supported the growth of aftermarket services. Sustained improvements in sustainability have seen original equipment manufacturers fit new engines and parts with higher fuel efficiency on aged aircraft, increasing aftermarket tool requests.

Based on the tools type - The market is segmented into fluid fittings tools [kits, hydraulic pumps, standalone tools, and others] and fastener tools [solid rivet tools, torque wrenches, electric/pneumatic screwdriver, drilling tools, blind fastener tools, and others].

Fastener installation tools have massive dominance in the aircraft installation tools market due to their extensive use in the airframe, engine, and other components of an aircraft. Aircraft assembly involves thousands of couplings and joints needed to ensure the safe and reliable operation of the aircraft. Over 6 million parts are required in order to assemble each B747, half of which are fasteners. Due to such widespread use, fasteners create a significant demand for tools. Rivet guns, blind fastener tools, and power drilling tools are in demand for assembly and MRO purposes. Fluid fitting tools are also growing steadily. Waterwaste and fuel systems are common application areas in aircraft. Apart from these, aircraft's hydraulic and pneumatic components also generate demand for installation tools.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America dominated the market. The Asia-Pacific region is set to register the fastest growth in the forecasted period. This growth outlook is majorly attributed to the following-

- Demand has risen significantly due to the extensive purchases of tools for military aircraft by DLA and other government-run bodies in the USA. Private players' presence in the USA's aircraft MRO market has expanded this region's share.

- Europe is currently in second place, owing to the presence of several aircraft manufacturers. These companies follow stringent safety regulations and provide regular service and repair, driving demand for installation tools.

- Asia-Pacific aviation industry is expected to grow at a CAGR of more than 5% during the forecasted period. South Asian nations are increasing their military aircraft fleet, and regional and business jets are growing fast, driving demand for installation tools.

Aircraft Installation Tools Market Drivers:

Some of the key drivers listed in the report are given below.

- The ever-increasing aviation fleet drives the overall aircraft installation tooling market, and increased demand for air travel leads to increased aircraft production and boosts demand for tools. As the number of aircraft in operation increases, the need for maintenance and repair activities rises proportionally.

- Tooling becomes essential for routine inspections, repairs, and overhauls to ensure the aircraft's safety, reliability, and compliance with regulatory standards. The expanding global aviation fleet catalyzes the sustained demand for various installation tools.

- Technological advancements have made aircraft systems more sophisticated and intricate, and hence, the tools used to install these systems must be produced in compliance with modern systems. Diagnostics, precision measurement, and inspection tools have become increasingly important.

Top Companies in the Aircraft Installation Tools Market:

Stratview Research has identified the following companies as the top market players (Based on Dominance).

• Howmet Aerospace

• Precision Castparts Co.

• Stanley Black & Decker

• TriMas Aerospace

• TransDigm Aerospace

• Eaton Aerospace Inc.

• Parker Aerospace

• Swagelok Company

• Snap-On Industrial

• Apex Tools

• Chicago Pneumatic

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Installation Tools Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aerospace Cutting Tools Market: https://www.stratviewresearch.com/3558/aerospace-cutting-tools-market.html

• Aerospace Machine Tools Market: https://www.stratviewresearch.com/3584/aerospace-machine-tools-market.html

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Special Mission Aircraft Market is Forecasted to Reach US$ 19.9 Billion in 2030, Says Stratview Research

The global Special Mission Aircraft market is projected to witness a growth rate of 4.3% annually from 2024 to 2030, with an anticipated size of US$ 19.9 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Special Mission Aircraft market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2030: US$ 19.9 billion

Growth (CAGR): 4.3% during 2024-2030

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 6

Number of Tables & Graphs: 100+

Segment Insights on the Special Mission Aircraft Market:

The global Special Mission Aircraft market is segmented based on Platform type, Application type, Component type, End-User type, Point of Sale type, and Region.

Based on platform type - The Platform for Special Mission Aircraft Market is segmented into Military Aviation, Commercial Aviation, and UAV. The Military Aviation segment had the largest market share in 2023 and is growing with a steady CAGR. The UAV is expected to gain more share.

Based on application type - The application segment of the Special Mission Aircraft Market is segmented into ISR, Command and Control, Combat Support, and Air-Launch/Rocket Launch. ISR to maintain its market share and grow significantly in the forecast period. The Air-Launch/Rocket Launch is gaining traction in the market and is expected to grow further.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America will maintain its presence in Special Mission Aircraft due to its robust industry and technological innovation. The Asia Pacific region is expected to grow significantly and faster than others. Europe's presence in this market can improve with innovations.

Special Mission Aircraft Market Drivers:

Some of the key drivers listed in the report are given below.

• Growing Need for Extended Range Operations: The rise in long-distance missions far from carriers or ground bases has made air-to-air refueling an essential capability. This trend is anticipated to continue as military operations increasingly require extended range and endurance.

• Expansion of Military Presence in Asia-Pacific: The Asia-Pacific region is seeing a surge in military base development, with countries like the US and China actively expanding their strategic footprints. For instance, China's Belt and Road Initiative may drive the establishment of additional overseas military bases, complementing its existing base in Djibouti.

• Strengthening Regional Defence Alliances: Nations are enhancing their defence collaborations to fortify regional security. India, for example, is bolstering its influence through strategic agreements, such as a $50 million defense credit line to the Maldives and partnerships to develop key naval infrastructure in the Indian Ocean region.

Top Companies in the Special Mission Aircraft Market:

Stratview Research has identified the following companies as the top market players.

• Boeing Company

• Lockheed Martin Corporation

• Northrop Grumman Corporation

• General Atomics Aeronautical Systems Inc.

• Israel Aerospace Industries Ltd.

• L3Harris Technologies Inc.

• Dassault Aviation SA

• Textron Aviation Inc.

• Gulfstream Aerospace Corporation

• BAE Systems

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Special Mission Aircraft Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

[aerospacendefense]

Armored Vehicle Market is Forecasted to Reach US$ 39.58 Billion in 2028, Says Stratview Research

The global armored vehicle market is projected to witness a growth rate of 5.80% annually from 2023 to 2028, with an anticipated size of US$ 39.58 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global armored vehicle market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

Report Highlights:

Market Size in 2028: US$ 39.58 billion

Growth (CAGR): 5.80% during 2023-2028

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Segment Insights on the Armored Vehicle Market:

The global Armored Vehicle market is segmented based on Mode of Operation type, Platform type, Mobility type, Type, and Region.

Based on mobility type - The market is segmented as tracked and wheeled. The wheeled segment accounts for the largest market share of more than 65% in 2022, & is expected to dominate the market during the forecast period.

The increasing demand for 4x4 armored vehicle transportation and ISR. For instance, In May 2020, China North Industries Group Corporation developed airdrop capable four-wheeled armored vehicle.

At the same time, the tracked segment is expected to experience the highest growth during the forecast period. The high growth is mainly attributed to the rising adoption of combat vehicles and tanks utilized in rough terrain.

Based on platform type - The market is bifurcated into combat, combat support vehicles, and unmanned armored ground vehicles. Combat vehicles accounted for a market share of more than 60% in 2022 & are expected to remain the biggest market for armored vehicles in the forecast period.

These vehicles are frequently used for vehicles by the military to ensure safety in case of an ambush or attack. Moreover, with the increasing terror threats and border disputes, the demand for armored vehicles is expected to intensify.

To know the most attractive segments, visit:

Which Region Shows the Most Promising Growth Forecast and Opportunity?

Asia Pacific accounted for a share of more than 30% in 2022 & is expected to witness the fastest growth in the market during the forecast period. The key factors responsible for the growth are the increasing number of terrorist movements in countries and the rising spending on defense operations by emerging economies.

Countries such as China and India have risen defense budgets and are obtaining advanced armored vehicles. This, in turn, is expected to drive the growth of the Asia Pacific armored vehicles market during the forecast period.

North America is likely to grow at a significant CAGR in the market throughout the forecast period. This is mostly due to the high defense budget and spending to strengthen the armed forces.

The spending is mainly for the procurement of advanced defense vehicles and the modernization of defense fleets. Furthermore, the presence of major market players is also contributing to the growth.

Armored Vehicle Market Drivers:

Some of the key drivers listed in the report are given below.

• A substantial increase in asymmetric combat worldwide over the past decade because of political instability and sociocultural, economic, and religious factors.

• The increase in asymmetric combat has guided government organizations to embrace combat vehicles for defense and self-protection against insurgent or terrorist attacks, as armored vehicles extend security against blasts and ballistic attacks.

• Furthermore, such vehicles have turret gun systems fitted to counteract insurgent operations.

• For example, India is utilizing armored vehicles in eastern India for the execution of anti-Naxalite operations.

• The bilateral partnership between countries such as the African Union (AU) and the North Atlantic Treaty Organization (NATO) to deal with terrorism and sustain peace.

• Furthermore, numerous governments are deciding on the most recent machinery to deal with emergencies such as militant attacks and insurgencies.

• In recent years increased demand for unmanned systems globally because of their increasing usage by military forces of several countries for conducting combat operations and Intelligence, Surveillance, and Reconnaissance (ISR).

• Furthermore, the diminishing defense budgets of developed economies for example France, Germany, Spain, Italy, and the UK, have guided the improved procurement of unmanned systems to restore defense personnel, that utilize large volumes of logistic and equipment support.

Top Companies in the Armored Vehicle Market:

Stratview Research has identified the following companies as the top market players.

• Oshkosh Corporation

• Krauss-Maffei Wegmann

• Bae Systems Plc

• China North Industries Corporation (Norinco)

• Denel Soc Ltd.

• General Dynamics Corporation

• Hanwha Corporation

• Hyundai Rotem

• Mitsubishi Heavy Industries

• Nexter Group

• Ordnance Factory Board

• Otokar Otomotive Ve Savunma Sanayi

• Rheinmetall Ag

• Textron Inc.

• Ukroboronprom

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Armored Vehicle Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

400 Renaissance Center, Suite 2600,

Detroit, Michigan, MI 48243

United States of America

Website: www.stratviewresearch.com

Mail Us: sales@stratviewresearch.com

Press: media@stratviewresearch.com

Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.