Fact.MR has recently published a new study titled “Aerostructure Equipment Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2019 to 2027”, which comprehensively discusses the overall development across the global aerostructure equipment market. At present, the international market is driven by increased deliveries of commercial aircraft together with rising count of passengers flying each year. The bolstering status of the commercial aviation industry has been fueling higher opportunities for the global aerostructure equipment market, which is likely to continue until 2027.
According to research insights, the global aerostructure equipment market is likely to record growth at over 1.5% CAGR during the forecast period of 2019 – 2027. The report stresses on the fact that primary trend active across the global market will most probably impact the competitive dynamics, thereby, shifting the manufacturing of aerostructure equipment from potential players to OEM’s. Based on the data acquired for the year 2018, numerous highly valued mergers and acquisitions took place in the aerostructure equipment industry as chief vendors took over other small and medium scale vendors to seize a greater portion of the market.
Request Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=4069
Higher Shares to Be Acquired by Commercial Aircraft and Helicopters
As per the International Air Transport Association, number of passengers transported by airlines is expected to rise more than 6% within the next decade. This significant surge of air travelers would surely require the production of additional aircraft perpetually elevating the demand for aerostructure equipment. According to Boeing, an international designer and manufacturer of rotorcraft and airplanes, the passenger and freighter fleet is anticipated to expand from 21,000 to 40,000 aircraft with the inclusion of 37,000 new airplanes during the stated assessment period. With such firm development figures, it is predicted that the global aerostructure equipment market will experience improved statistics during the period between 2019 and 2027.
Expansion of Lightweight Materials Supported by Nanotechnology
It is imperative to know that apart from substantial economic values, the overall aerostructure equipment market associates huge resource consumption with one of the largest carbon footprint over the planet. As a result, the primary drivers persisting across the current aerostructure equipment research and development are focused towards the introduction of lighter structural materials together with efficient engines. Interestingly, potential nanomaterials and nano-engineering is surely strengthening the fulfilment of such goals. To be precise, various nanomaterials are already incorporated for supporting aircraft construction as filler materials that are aimed at enhancing the properties of structural polymers. Furthermore, carbon nanotubes (CNT’s) is receiving superior traction as fillers in polymers, especially due to its exceptional toughness and distinctive electrical properties. These developments are directly targeted towards the manufacturing of lightweight and durable aerostructure materials that is expected to drive the global aerostructure equipment market in the coming years.
Passenger Mobility across Asia Pacific Set to Heighten Market Development
Going by the records collected by the International Air Transport Association (IATA), there were close to 4.1 billion air travelers in 2017, where majority of the traffic was centered in the Asia Pacific region. Air travel is experiencing a major swell up, since people are migrating for better economic prospects; these factors are impacting the global aerostructure equipment market in a positive manner.
Request Research Methodology- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4069
The report also discourses contribution by major players operating in the global market for aerostructure equipment. Some of the prime manufacturers mentioned in the report are KUKA Systems GmbH, Broetje-Automation GmbH, Electroimpact, Inc., MTorres Diseños Industriales, Gemcor (Ascent Aerospace), REEL, SENER and a lot more.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Contact:
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai, United Arab Emirates
MARKET ACCESS DMCC Initiative
Email: sales@factmr.com
Written By
The projected valuation of the trauma care centres market is estimated to reach USD 28.58 billion by the year 2032, reflecting a compound annual growth rate (CAGR) of 7.50% during the period from 2022 to 2032. Furthermore, it is anticipated that the market value of trauma care centres will amount to USD 13.87 billion in 2022. The Trauma Care Centers market is a critical component of the healthc...
Automated label Inspection Machines Market has been evolving and changing over the course of past few decades and the market scope has changed a lot over the course of time and to better understand the market’s current landscape this report on Automated label Ins...
As per industry analysis by Fact.MR, a market research and competitive intelligence provider, the global water enhancer market is estimated to exceed a valuation of US$ 2.9 Bn by 2022, and expand at a significant CAGR of 9.4% by value over the assessment period (...
The sleep mask industry is projected to rise at a moderate CAGR of 4% between 2019 and 2029. Rising concerns over diseases associated to sleep issues, and the resultant dependency on medication are the primary factors driving sales. Awareness about the importance...