The global aircraft cabin interior composites market size is expected to reach USD 36.91 billion by 2028 according to a new study by Polaris Market Research. The report “Aircraft Cabin Interior Composites Market, By Aircraft (Narrow-Body, Wide-body, Regional, General Aviation, Military); By Application; By Matrix; By Fiber; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into the current market dynamics and provides analysis on future market growth.
One of the prime growth drivers of the market includes stringent emission norms imposed by regulatory bodies such as ICAO (International Civil Aviation Organization) and EPA (Environmental Protection Agency). The industry stakeholders are incorporating advanced lightweight materials such as the product to meet such emission standards and reduce fuel burn and operating costs.
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Competitive Insight:
AIM Altitude Limited (Part of AVIC), Collins Aerospace (United Technologies Corporation), Daher, Diehl Stiftung & Co. KG, EFW Aerospace, EnCore Group (Boeing), FACC AG (Part of AVIC), Dutch Thermoplastic Components B.V. (DTC), JAMCO Corporation, Triumph Group Inc., Safran SA, and Singapore Technologies Engineering Ltd, The Gill Corporation, and The Nordam Group some of the key players competing in the global market.
Key Trends Observed in the Aircraft Cabin Interior Composites Market
Regional Analysis for Aircraft Cabin Interior Composites Market
North America is projected to remain the largest market during the forecast period, owing to presence of composite-rich aircraft platforms such as A220, B78, B777x, and B737 Max coupled with availability of almost all major aircraft OEMs including Airbus, Boeing, Cessna, and Gulfstream. Rising commercial aircraft fleet size is likely to further boost the overall demand for composite parts in aircraft cabin interiors in the foreseeable future. Increasing demand for commercial aircraft to support increased passenger traffic, the construction of Boeing and Airbus assembly sites in China, future indigenous commercial and regional aircraft, and rising aircraft fleet size are all anticipated to boost growth in Asia-Pacific region during the same period.
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Polaris Market Research has segmented the aircraft cabin interior composites market report on the basis of aircraft type, application, matrix, fiber, and region:
Aircraft Cabin Interior Composites, Airplane Type Outlook (Revenue USD Million, 2016 – 2028)
Aircraft Cabin Interior Composites, Application Outlook (Revenue USD Million, 2016 – 2028)
Aircraft Cabin Interior Composites, Matrix Outlook (Revenue USD Million, 2016 – 2028)
Aircraft Cabin Interior Composites, Fiber Outlook (Revenue USD Million, 2016 – 2028)
Aircraft Cabin Interior Composites, Regional Outlook (Revenue USD Million, 2016 – 2028)
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers
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