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    Aircraft Specialty Clamps Market Report

    Aircraft Specialty Clamps Market Report
    Report code - SR1923 Published On : Mar,2022 No. of Pages: 150
    Aircraft Specialty Clamps Market Size, Share, Trend, Forecast, Competitive Analysis, and G See more...

    Market Highlights

    An aircraft clamp can be subdivided into standard clamps and specialty clamps. Clamps that have a proprietary design with customized proprietary material for specific customers’ needs to enhance their performance for specific applications are termed Specialty Clamps. Whereas clamps that are manufactured as per the industry standard specifications and materials are categorized as standard clamps. A Standard clamp manufacturer can easily expand into the specialty clamps market with a limited investment.

    A clamp is a small component but one of the most critical components of aircraft. Over the years, there has been a paradigm shift from standard clamps to specialty clamps in the wake of keeping improving application-specific requirements. Engine OEMs and aircraft OEMs are looking for customized solutions for their specific solutions. The Specialty clamps market has experienced a decline of (-35%+ in 2020) amid the pandemic. In 2021, while the industry was expected to recoup at a faster pace, the suspension in deliveries of the B787 program from early 2021 due to manufacturing quality problems, further waves of the pandemic, and delays in the market entry of C919 dented the recovery trajectory.

    Now, the industry is projecting a magnetic recovery from the year 2022 onwards with a sharp spike in the air travel demand led by offering steady relaxations in international air travel by several economies. Furthermore, other factors influencing the growth of the aircraft specialty clamps market include gradual ramp-up in production rates of key aircraft programs, market entry of new aircraft programs, and increasing demand for specialty clamps to improve their performance for high-temperature applications. Overall, the aircraft specialty clamps market is likely to rebound at a promising CAGR of 11.1% to reach US$ 415.0 Million in 2027. 

    Aircraft Specialty Clamps Market – Snapshot

    Forecast Period

    2022-2027

    Market size in 2027

    US$ 415.0 Million

    CAGR

    11.1%

    Major Aircraft Type

    Commercial Aircraft

    Major Application Type

    Engine

    Major Material Type

    Steel and stainless steel

    Major Clamp Type

    Band Clamp

    Major Temperature Type

    High-Temperature

    Region with the highest demand

    North America

    Key Players

    Caillau, Clampco Products Inc., Eaton Corporation, J&M Products, Inc., Pacmet Aerospace, Teconnex Ltd, TransDigm Group Inc. (AdelWiggins and TA Aerospace), UMPCO Inc., Voss Industries Inc. (A CAM Company)

     

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    Market Segments' Analysis

    Based on the aircraft type, the aircraft specialty clamp market is segmented as commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation. Commercial Aircraft is expected to be the fastest-growing aircraft type in the market during the forecast period with the significant growth in air travel demand coupled with a rising aircraft fleet. Moreover, as per the latest IATA projection, an overall number of air travelers is expected to reach 83% of the 2019 level by 2022, 94% by 2023, 103% by 2024, and 111% by 2025. Gradual recovery in air passenger traffic coupled with the resumption of B737 Max deliveries as well as projected market entry of aircraft programs, such as B777x, Comac C919, Irkut MC-21, and airbus A321XLR are likely to create a healthy demand for specialty clamps in the commercial aircraft market in the long run.

    Based on the application type, the market is segmented as engine, fuel applications, and airframe. Engine is expected to remain the biggest demand generator of specialty clamps during the forecast period. Engine is the most critical section of an aircraft that operates at extremely high temperatures. With continuous R&D and technological innovations to shorten the engine development cycle, reduce engine weight, produce more power while consuming less fuel, reduce noise and emission levels, the demand for high-performance specialty clamps is projected to grow at a healthier pace in the coming years.

    Based on the band material type, the market is segmented as steel and stainless steel, aluminum, titanium, nickel alloy, and others. Steel and stainless steel are projected to remain the dominant material type in the market during the forecast period, as stainless steel is more durable, highly resistant to corrosion, wear, and tear. Steel and stainless-steel clamps are much more resistant to scratches, resistant to high-intensity shock, and stronger than aluminum clamps. On the other hand, nickel alloys are also widely used in the critical parts of the engine due to their ability to resist extremely high temperatures and are suitable for applications where stress must be minimized.

    Based on the clamp type, the market is segmented as loop clamp, band clamp, saddle clamp, block clamp, P-clamp, and others. Band clamp is expected to remain the dominant clamp type in the market during the forecast period, as they are widely used to hold all types of ducts, tubes, and hoses, including high-pressure tubes, pipes, and hoses situated in aircraft engines. Band clamps are durable and offer high-strength, corrosion-resistant, and vibration-resistant connections for a variety of hoses and ducting applications.

    Based on the temperature type, the market is segmented into high-temperature clamps and low-temperature clamps. High-temperature applications are the biggest users of specialty clamps in the market. The temperature type is also expected to witness faster growth in the market during the forecast period, due to the presence of a large number of connecting ducts, wires/harnesses, and hoses in engine applications operating in extreme critical temperatures and pressures. In such a situation, there is a need to inculcate specialty clamps with modified properties aiming to match the requirements without neglecting the industry standards.

    In terms of regions, North America is expected to remain the largest region during the forecast period, mainly driven by the USA. The USA, being the manufacturing hub of the aircraft industry; is the biggest demand generator of specialty clamps in the world, propelled by the presence of a large number of leading aircraft specialty clamp manufacturers, such as TransDigm Inc., Clampco Products Inc., Eaton Corporation, J&M Products, Inc., UMPCO Inc., and Voss Industries Inc.

    Key Players

    Almost all the major players of standard clamps for the aircraft industry have a strong focus on specialty clamps as well. Thus, the competitive landscape of the aircraft specialty clamps market remains more or less similar to the overall aircraft clamps market. However, it becomes relatively difficult for the non-clamp manufacturer to enter the specialty clamps market due to a lack of technological knowledge, industry experience, and brand identity.  The following are some of the key players in the aircraft specialty clamps market.

    • Caillau
    • Clampco Products Inc.
    • Eaton Corporation
    • J&M Products, Inc.
    • Pacmet Aerospace
    • Teconnex Ltd
    • TransDigm Group Inc. (AdelWiggins and TA Aerospace)
    • UMPCO Inc.
    • Voss Industries Inc. (A CAM Company) 

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft specialty 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 specialty clamps market is segmented into the following categories. 

    Aircraft Specialty 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 Specialty 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)

    Aircraft Specialty 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 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Specialty 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 Specialty 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 Specialty 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 Specialty Clamps Market, by Temperature Type

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

    Aircraft Specialty 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)

    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 three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    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 to sales@stratviewresearch.com

    A Bird's Eye View of the Market

    The aircraft specialty clamps market is estimated to grow at a CAGR of 11.1% over the next five years to reach a value of US$ 415.0 million in 2027, propelled by an expected recovery in the organic growth of the aircraft industry coupled with increasing demand for specialty clamps to improve the performance in high-temperature applications.

    TransDigm Inc., Eaton Corporation, TeConnex, Voss IndustriesInc., J&M Products Inc., and Caillau are the leading players in the aircraft specialty clamps market.

    North America is estimated to remain dominant in the aircraft specialty clamps market in the foreseen future due to ongoing innovations, R&D, and rapid developments of innovative specialty clamps for technologically advanced aircraft applications.

    Asia-Pacific is estimated to grow at the fastest rate in the coming five years due to the growing number of air travel passengers, leading to the rise in the aircraft fleet size in the region.

    Engine is likely to lead the market in the next five years, due to the greater demand for more specialized and customized parts to handle the extremely high temperature.

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