COVID News:Global Aircraft Seals Market is estimated to reach USD 1.4 Billion by 2027
AIRCRAFT SEALS MARKET: Summary
The Global Aircraft Seals Market is estimated to reach USD 1.4 Billion by 2027 at a CAGR of 4.7%.
Seals can be defined as the component required to block fluid from flowing and to prevent air and dirt from entering the system. Seals are vital component for any aircraft and are helpful in various applications. In case of seal failure the operation of aircraft may get affected.. The seals have to constantly tolerate extreme weather conditions, such as high pressure and changing temperature. In addition, they should not be corroded from the chemicals used in the aircraft operation.
AIRCRAFT SEALS MARKET: Drivers & RESTRAINTS
Market Drivers:
- Increasing Number of Aircrafts
The size of aircraft fleet is expanding substantially across the globe; this is because the demand for air travel is increasing constantly either for business purpose or leisure. The travel cost for air transport is reducing and becoming affordable for mass population that surges demand for more aircrafts in emerging economies. As the number of aircrafts are increasing, seals will be required by the manufacturers.
Thus, increasing number of aircrafts may contribute in the growth of the aircraft seals market, during the forecast period.
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Market Restraints:
- Recycling of Composite Materials
Composite materials are used for the manufacturing of various types of aircraft seals. Because of heterogeneous hybrid structure, recycle of any waste product which is made up from composite materal is very difficult. As per waste management legislations, recycling all the products whose life cycle has ended is mandatory. In addition, there is no proper procedure to economically recycle composite materials.
Thus, recycling of composite materials may be a restraining factor for the growth of the aircraft seals market, during the forecast period.
Aircraft Seals Market: Key segments
- Segmentation based on type comprises of: Stationary and Running
- Segmentation based on material comprises of: Elastomer, Metal, Composite and Others
- Segmentation based on aircraft type comprises of: Single Aisle Aircraft, Twin Aisle Aircraft, Business and General Aviation and Others
- Segmentation based on sales channel comprises of: Original Equipment Manufacturer (OEM) and Aftermarket
- Segmentation based on application comprises of: Airframe, Engine, Flight Control, Actuation, Landing Gear and Others
- Segmentation based on region comprises of: North America, South America, Europe, Asia-Pacific, and Middle East & Africa, with individual country-level analysis
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Aircraft Seals Market: Report SCOPE
The report on the Aircraft Seals market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features
Specifics
Historical/Estimated/Forecasted Market Size Years
2018–2027
Base Year for Market Calculation
2019
Forecasted Period
2020–2027 (2020 estimated year, forecasted up to 2027)
Measured Units
Value (USD Million)
Segments Included
Type, Material, Aircraft type, Sales Channel, Application and Region
Regional Coverage
North America, Asia-Pacific, Europe, Middle East and Africa, South America
KEY Companies Covered
- Trelleborg Group (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- SKF
- Eaton
- Brown Aircraft Supplie Inc.
- EnPro Industries, Inc.
- PARKER HANNIFIN CORP
- Meggitt PLC
- Saint-Gobain
- HUTCHINSON
- Seal Science, Inc.
- Other Key Companies
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Aircraft Seals Market: report segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Aircraft Seals Market, by Type
- Stationary
- Running
Aircraft Seals Market, by Material
- Elastomer
- Metal
- Composite
- Others
Aircraft Seals Market, by Aircraft Type
- Single Aisle Aircraft
- Twin Aisle Aircraft
- Business and General Aviation
- Others
Aircraft Seals Market, by Sales Channel
- Original Equipment Manufacturer (OEM)
- Aftermarket
Aircraft Seals Market, by Application
- Airframe
- Engine
- Flight Control
- Actuation
- Landing Gear
- Others
Aircraft Seals Market, by Region
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- North America
- US
- Canada
- Mexico
- Europe
- Sweden
- UK
- France
- Italy
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
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Table of Content
1 Introduction
2 Research Design & Scope
3 Executive Summary
4 Market Dynamics
5 Industry Trends — Porters Five Forces Analysis
6 Global Aircraft Seals Market By Type, Market Size In Usd Million (2019–2027)
7 Global Aircraft Seals Market By Material, Market Size In Usd Million (2019–2027)
8 Global Aircraft Seals Market By Aircraft Type, Market Size In Usd Million (2019–2027)
9 Global Aircraft Seals Market By Sales Channel, Market Size In Usd Million (2019–2027)
10 Competitive Landscape
11 Company Profiles
12 Appendix
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