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    Aerospace And Defense Composite Ducting Market Report

    Aerospace And Defense Composite Ducting Market Report
    Report code - SRAD136 Published On : Dec,2021 No. of Pages: 198
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    Aerospace Composite Ducting Market Size, Share, Trend, Forecast, Competitive Analysis, and See more...

    Market Insights

    In the aerospace industry, ducting is a vital component of the fluid conveyance system and air management system. Ducting facilitates the distribution of critical fluids & air throughout the aircraft, thus, ensuring proper temperature regulation, ventilation, fluid, water, and fuel flow, humidity or containment control, anti-icing, and noise attenuation, etc. These are critical functions and failure of any can lead to fatal consequences. Ducts are manufactured to meet the specific needs of the aircraft manufacturer or end user and are produced in a wide variety of shapes, sizes, lengths, and diameters with various connection options, to provide all those needed across the full spectrum of aircraft types.

    In 2019, the grounding of B737Max proved to be a temporary hiccup in the industry’s exceptional growth trajectory, causing a short-term ripple effect across the B737 Max’s supply chain. As the industry stakeholders were eagerly waiting for the B737 MAX grounding storm to clear up, the virus that shut down the world, hit the industry like a tsunami, bringing in abrupt changes in the business. The pandemic, coupled with air travel restrictions, shook the industry to the core, compelling industry participants to restructure their strategies and prioritize survival.

    However, the initial signs of recovery are already visible. With the ungrounding of Boeing’s B737Max in November 2020, gradual opening up of travel restrictions, resumption of aircraft deliveries, and major aircraft OEMs reporting improved revenue figures in H1, 2021, the industry’s recuperation doesn’t seem far-fetched. The aerospace composite ducting market is expected to recoup from 2021 onwards with a healthy long-term CAGR of 10.3% during 2021-2026.

    Segments' Analysis

     

    Based on the platform type, Stratview Research has segmented the market as commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, UAV, and spacecraft. Commercial aircraft is projected to remain the largest and fastest-growing segment of the aerospace composite ducting market during the forecast period, driven by ungrounding of B737 Max, the ramp-up of Airbus A320 family monthly production, and the development of high-thrust engines. A continuous shift from metal ducts to composite ducts in both low-pressure and high-pressure applications is another key factor giving a thrust to the segment’s market.

    Based on the duct type, high-pressure ducting is likely to remain the faster-growing duct type during the forecast period. Low-pressure applications dominate the global aerospace composite ducting market. Composite ducting is widely preferred in low-pressure applications throughout the entire breadth of fixed and rotary-wing aircraft types and offers several advantages, such as being lightweight, excellent strength, thermal resistance, and the ability to mold complex shapes.

    Based on the reinforcement type, the market has been segmented as glass fiber composites, carbon fiber composites, and other composites. Glass fiber is the most widely used reinforcement type in the market and is expected to remain the largest reinforcement type over the next five years. This fiber type is highly preferred in low-pressure applications, such as cabin air recirculation and cabin sidewall riser as it offers good mechanical performance at a relatively lower cost. Epoxy, phenolic, and thermoplastic resins are used along with the glass fibers to manufacture ducting. Carbon fiber is likely to witness the highest growth over the next five years.

    In terms of regions, North America is expected to remain the largest market for aerospace composite ducting assemblies over the next five years. The region is the manufacturing capital of the aerospace industry with the presence of several major players, such as Boeing, Lockheed Martin, and Bombardier, and the presence of major composite ducting manufacturers. Asia-Pacific is likely to experience the highest growth in the coming five years, driven by the commencement of commercial and regional aircraft manufacturing in China and Japan, upcoming indigenous aircraft, C919, and increasing defense spending.

    Key Players

    The supply chain of this market comprises raw material manufacturers, composite ducting manufacturers, Engine OEMs, and aircraft OEMs, and airline companies. The key aerospace engine manufacturers are-

    • CFM
    • GE Aviation Engines
    • Pratt & Whitney

    and key aircraft OEMs are-

    • Boeing
    • Airbus
    • Lockheed Martin
    • Bombardier
    • Embraer
    • ATR
    • Cessna
    • Gulfstream

    The key composite ducting manufacturers for the aerospace & defense industry are-

    • Senior Aerospace
    • Triumph Group
    • ITT Corporation
    • Parker-Hannifin Corporation
    • Arrowhead Products
    • AIM Aerospace
    • Stelia North America.

    New product development, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by the key players to gain a competitive edge in the market.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aerospace composite ducting market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    The aerospace composite ducting market is segmented into the following categories. 

    Aerospace Composite Ducting Market, by Platform Type

    • Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • UAV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Spacecraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Composite Ducting Market, by Pressure Type

    • High-Pressure Ducting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Low-Pressure Ducting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Composite Ducting Market, by Material Type

    • Epoxy Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Phenolic Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Thermoset Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Thermoplastic Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Composite Ducting Market, by Application Type

    • ECS (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • APU (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Avionic Ventilation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Composite Ducting Market, by Reinforcement Type

    • Glass Fiber Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Carbon Fiber Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Composite Ducting Market, by Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Geographic Analysis

    • Further segmentation of North America into the USA, Canada, and Mexico

    Regional Segmentation

    • Current market segmentation of any one of the regions by application type 

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The aerospace composite ducting market is estimated to grow at a CAGR of 10.3% over the next five years to reach US$ 0.7 Billion in 2026.

    Senior Aerospace, Triumph Group, ITT Corporation, Parker-Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia Aerospace are the leading players in the aerospace composite ducting market.

    North America is expected to remain the largest aerospace composite ducting market during the forecast period.

    Asia-pacific is expected to witness the highest growth in the aerospace & composite ducting market in the coming years.

    Commercial aircraft is expected to remain the growth engine in the aerospace composite ducting market during the next five years.

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