Market Highlights
An aircraft clamp is a device that typically consists of a metallic ring and is usually cushioned with an elastomeric material. It provides support and eliminates the negative effects of vibration and shock loads in the assemblies, such as wire harnesses, ducts, tubes, and hoses. The aircraft clamps market is highly dependent on the organic growth of the aircraft industry. Around 20,000 clamps are used in a typical commercial aircraft. The increasing focus of aircraft clamp manufacturers on the development of lightweight clamps to save fuel and improved safety is likely to create healthy opportunities in the market in the years to come.
The aircraft clamps market has witnessed a massive decline of (-35%+ in 2020) amid the pandemic with the reduction in demand for new aircraft, a temporary halt in aircraft production, a temporary slash in production rates of key aircraft programs, and a massive decline in air passenger traffic due to sudden closure of international travel by several major economies of the world to control the spread of the pandemic. As per IATA, the aircraft industry suffered a colossal decline of -65.9% YoY in the overall RPK in 2020. However, as per the latest data of IATA, the air passenger numbers are likely to recover to their 2019 level by 2024 with the commencement of gradual recovery from 2021, which, in turn, would create healthy demand for aircraft clamps in the industry over the next five years.
Market Segments' Analysis
Based on the aircraft type, the aircraft clamps market is segmented as commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation. Commercial Aircraft is expected to remain the largest as well as the fastest-growing aircraft type in the market during the forecast period, with the expected recovery of domestic air travel and a rise in air passenger traffic. A temporary halt in deliveries of the B787 aircraft program has restricted the growth of the segment in 2021. However, the expected introduction of fuel-efficient variants of the existing aircraft programs, such as B777x as well as the market entry of new aircraft programs, such as COMAC C919, Irkut MC-21, and airbus A321XLR; resumption of B737Max deliveries; and gradual recovery in production rates of key aircraft programs with the ease of travel restrictions; are factors likely to boost the demand for commercial aircraft over the next five years.
Based on the application type, the market is segmented into engines, fuel applications, and airframes (landing gears, aerostructure, and others). Airframe is expected to remain the dominant application in the market during the forecast period with the presence of a large number of ducts, pipes, wiring/wiring harness, and hose lines in airframe applications. Clamps are used for a wide spectrum of airframe applications, such as landing gears, fuselage, wings, flight control surfaces, avionics, and interior applications.
Based on the band material type, the market is segmented as steel and stainless steel, aluminum, titanium, nickel, and others. Steel and stainless steel are used predominantly for aircraft clamps in the global market due to their phenomenal properties, such as excellent corrosion resistance, high-temperature tolerance, high tensile strength, and good creep resistance in the applications like engine and exhaust components, landing gear components, and superstructural joints. Titanium and nickel alloys are mainly used in extreme heat areas of engines due to their high strength and long fatigue life coupled with good corrosion and oxidation resistance at high temperatures.
Based on the clamp type, the market is segmented as loop clamp, band clamp, saddle clamp, block clamp, P-clamp, and others. Loop clamp is expected to remain the dominant clamp type in the market during the forecast period, owing to its wider applications, such as holding miles of wire bundles, wire harnesses, control cable assemblies, and tubes supplying hydraulic fluids, engine oils, brake fluids, etc. in a variety of applications like engines, fuselage, wings, interiors, avionics, etc. Loop clamp is an adjustable device with a wider range of adjustments that increase clamping capacity. It provides a tighter seal around pipes and tubes which helps in reducing vibration and protects underlying tubes/pipes from wear.
Based on the function type, the market is segmented as wiring, ducting/tubing, and hoses. Ducting/tubing is expected to lead the market during the forecast period. The predominant use of ducts and tubes in an environmental control system to provide proper air supply, thermal control, cabin pressurization, and ventilation is one of the major factors behind the dominance of the ducting/tubing function type segment in the market.
In terms of regions, North America is expected to remain the largest region for aircraft clamps during the forecast period due to the presence of several major aircraft OEMs, such as Airbus, Boeing, and Lockheed Martin, tier players, raw material suppliers, part fabricators, and clamp manufacturers in the region. The USA to be the key demand generator in the North American market during the forecast period.
Asia-Pacific is likely to grow at the fastest rate in the market during the forecast period. The growth can be attributed to the expected increase in aircraft fleet size to support rising passenger traffic, the emergence of new aircraft OEM COMAC, and the presence of Airbus and Boeing’s assembly plants in China.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft clamps market realities and future market possibilities for the forecast period of 2022 to 2027. 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 aircraft clamps market is segmented into the following categories.
Aircraft Clamps Market, by Aircraft Type
- Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Clamps Market, by Application Type
- Engines (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Fuel Applications (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Airframe
- Regional Analysis: North America, Europe, Asia-Pacific, and RoW
- Application-Type Analysis: Landing Gear, Aerostructures, and Others
Aircraft Clamps Market, by Band Material Type
- Steel & Stainless Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Aluminum (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Titanium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Nickel Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Clamps Market, by Band Material Type
- Loop Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Band Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Saddle Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Block Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- P-Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Clamps Market, by Cushion Type
- Cushioned Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Non-Cushioned Clamp (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Clamps Market, by Function Type
- Wiring/Wiring Harness (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Tubing/Ducting (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Clamps 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)
