• Blog
  • Aircraft Potted-In Inserts Market Growth Analysis | 2023-2028

    Aircraft Potted-In Inserts Market Growth Analysis | 2023-2028

    Aircraft Potted-In Inserts Market Growth Analysis | 2023-2028
    Report code - SRAD158 Published On : Aug,2023 No. of Pages: 140
    Aircraft Potted-In Inserts Market Size, Share, Trend, Forecast, Competitive Analysis & See more...

    Market Highlights

    The Aircraft Potted-In Inserts Market registered a steep recovery from 2022 onwards and is expected to experience an excellent CAGR of 11.2% over the next five years to reach US$ 72.6 million in 2028.

    Wish to get a free sample? Register Here

    Potted-in inserts are mechanical fasteners embedded in the material like honeycomb panels in aircraft structures. They are made from robust and corrosion-resistant materials such as steel or aluminum. The potting compound is a resin that is injected around the insert to secure it in place and protect it from corrosion. The potted-in-inserts offer many advantages, such as increased strength and durability, resistance to corrosion, reduced vibration and noise, and easy installation. Potted-in inserts will likely remain the preferred insert type for sandwich panels in the aircraft industry in the foreseeable future.

    Covid-19 Impact

    The COVID-19 pandemic has significantly impacted the aircraft potted-in insert market. The decline in air travel and the subsequent grounding of aircraft led to a decrease in demand for inserts. The aircraft potted-in inserts market witnessed a decline of 42% in 2020. In 2021, the market further declined due to the temporary suspension of B787 aircraft deliveries and the financial crisis in the post-pandemic scenario.

    Despite the short-term demand fiasco, the long-term growth prospects for aircraft potted-in inserts still seem favorable with the expected rebound in air passenger traffic, the ramp-up in production rates of key aircraft programs, upcoming aircraft programs, increasing aircraft fleet size, increasing demand for lightweight sandwich panels, and increasing demand for lightweight inserts.

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Aircraft Type Analysis

    Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, and General Aviation

    Narrow-body aircraft is anticipated to remain the biggest demand generator in the years to come.

    Application Type Analysis

    Gally Panels, Lavatory Panels, Stowage Bin Panels, Floor Panels, Cabin Linings, Cargo Interiors, and Others

    Cabin linings are anticipated to remain dominant in the market over the next five years, whereas floor panels are likely to experience the fastest growth during the same period.

    Material Type Analysis

    Aluminum, Steel, Plastics, and Others

    Aluminum is anticipated to remain the most preferred material in the years to come, whereas plastics are expected to remain the fastest growing during the same period.

    Fastener Type Type Analysis

    Through Fasteners, Fixed Fasteners, and Floating Fasteners

    Floating fasteners are the most preferred fasteners in the market during the forecast period.

    Core Material Type Type Analysis

    Nomex Honeycomb, Aluminum Honeycomb, and Others

    Nomex honeycomb is likely to remain the dominant as well as the fastest-growing core-material type in the market during the forecast period.

    End-User Type Analysis

    OE and Aftermarket

    OE is anticipated to remain the biggest demand generator as well as witness faster growth in the years to come.

    Regional Analysis

    North America, Europe, Asia-Pacific, and The Rest of the World

    North America is expected to remain the dominant market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.

    By Aircraft Type

    The aircraft potted-in inserts market is segmented based on the aircraft type into narrow-body aircraft, wide-body aircraft, regional aircraft, and general aviation. Narrow and wide-body aircraft are expected to remain the growth engines of the aircraft potted-in insert market during the forecast period. Increasing production rates of the key programs, such as the A320, A350, B787, and B737; market entry by new players, such as COMAC C919; and a greater shift towards composite materials, are likely to offer a sustainable growth platform for potted-in inserts in the coming years.

    Want to get more details about the segmentations? Register Here

    By Application Type

    The aircraft potted-in insert market is segmented based on the application type into galley panels, lavatory panels, stowage bin panels, floor panels, cabin linings, cargo liners, and others. Cabin linings are likely to remain the largest application in the market during the forecast period. Cabin linings include sidewall and ceiling panels of aircraft; therefore, they cover the largest area of application for sandwich panels. Floor panels are expected to experience the fastest growth during the forecast period owing to increasing demand for potted-in inserts for sandwich panels.

    By Material Type

    The aircraft potted-in insert market is also segmented based on the material type into aluminum, steel, plastics, and others. Aluminum is likely to maintain its dominance in the market during the forecast period. Aluminum offers a host of advantages over competing metals, including good corrosion resistance, excellent mechanical properties, and lightweight, and has widespread usage in the fuselage, control surfaces, interior, engine, and other applications.

    By Core Material Type

    In terms of core material type, the aircraft potted-in insert market is segmented into Nomex honeycomb, aluminum honeycomb, and others. Nomex honeycomb is likely to remain the largest core material type in the market during the forecast period, owing to superior FST performance and a higher strength-to-weight ratio. It is also lighter in weight as compared to other panels, such as aluminum honeycomb and balsa wood panels.

    Regional Analysis

    In terms of regions, North America is expected to remain the largest aircraft potted-in insert market during the forecast period. The region is also expected to experience healthy growth during the same period. The region is the manufacturing capital of the aircraft industry, with the presence of several large to small-sized aircraft OEMs, tier players, panel manufacturers, insert manufacturers, distributors, and raw material suppliers.

    Asia-Pacific is likely to witness the highest growth in the market during the same period, driven by a host of factors, including the increasing commercial aircraft fleet size to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous aircraft (COMAC C919), and rising aircraft fleet size.

    Want to know which region offers the best growth opportunities? Register Here

    Key Players

    The market is highly concentrated, with the presence of some regional and global players. Development of lightweight inserts, forming strategic alliances with aircraft OEMs, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market. The following are the key players in the aircraft potted-in inserts market.

    • Precision CastParts Corp.
    • Lisi Aerospace
    • Howmet Aerospace
    • The Young Engineers, Inc.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft potted-in inserts market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate 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 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 most comprehensively. 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.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Aircraft Potted-In Inserts Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    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 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.

    Frequently Asked Questions (FAQs)

    The aircraft potted-in inserts market is estimated to grow at a CAGR of 11.2% by 2028, driven by an expected rebound in air passenger traffic, the ramp-up in production rates of key aircraft programs, upcoming aircraft programs, increasing aircraft fleet size, increasing demand for lightweight sandwich panels, and increasing demand for lightweight inserts.

    Precision CastParts Corp., Lisi Aerospace, Howmet Aerospace, and The Young Engineers, Inc. are the leading players in the aircraft potted-in insert market.

    North America is estimated to remain dominant in the aircraft potted-in insert market in the foreseeable future as the region is home to some of the world's largest and most established aerospace companies, including Boeing and Airbus (which has significant operations in the USA). These companies are major consumers of aircraft potted-in inserts for their production and maintenance needs, driving demand in the region.

    Cabin linings are anticipated to remain dominant in the market. Cabin linings are the largest area of application for the sandwich panels.

    Aluminum is likely to maintain its dominance in the market during the forecast period. Aluminum offers a host of advantages over competing metals, including good corrosion resistance, excellent mechanical properties, and lightweight

    •   

      Why are We Class Apart?

      No One Does Better in Aerospace Market Research Than Us

      Largest Number of Premium Studies in Aerospace Industry

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across Aerospace Value Chain

      Track the Latest Trends in Aerospace Industry

      Know High Growth Opportunities