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    Aircraft Composite Enclosures Market Report

    Aircraft Composite Enclosures Market Report
    Report code - SRAD154 Published On : Jul,2022 No. of Pages: 110
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    Aircraft Composite Enclosures Market Size, Share, Trend, Forecast, Competitive Analysis, a See more...

    Market Insights

     

    Enclosures are the cases or cabinets used to protect critical electronic components in an aircraft. Enclosures in aircraft perform critical functions such as reducing thermal loads, protecting against aircraft fluids, providing environmental protection, and shielding against EMI and static electricity.

    The aircraft industry has always been looking for different ways to reduce carbon emissions and improve fuel economy. Switching from traditional metallic components to composite ones is one such way to achieve such requirements. A similar trend has also been observed in aircraft enclosures. Metallic enclosures are predominantly used in the aircraft industry, owing to their superior mechanical, thermal, and electrical properties; however, these enclosures are prone to corrosion and bring excess weight to an aircraft. The industry is keen to adopt composite enclosures which are not only lighter in weight as compared to metallic enclosures but also offer higher thermal loads and carry excellent electrical properties.

    The rapid spread of the Covid-19 pandemic in 2020, brought forth several challenges in front of the aircraft industry, such as supply chain disruption, reduced demand, and production halt, among others. The impact of this had been recorded in the aircraft composite enclosures market as well, registered a massive decline of over 32% in the year 2020. The market started slowly recovering from the aftermaths of the pandemic with an easing of lockdown, mass vaccination drive, resumption in air travel, and gradual increase in economic activities, as a result of which the aircraft composite enclosures market witnessed a healthy growth of 8.3% (YoY) in 2021. Overall, the aircraft composite enclosures market is estimated to grow at a promising CAGR of 11.2%, during the forecast period, to reach a value of US$ 208 Million in 2027.

    An expected rise in aircraft production, increasing preference for composite parts over traditional metallic ones, and growing use of avionics in the next-generation aircraft are some of the key factors driving the demand for composite enclosures in the aircraft industry.

    Segments' Analysis

     

    Based on the aircraft type, the market is bifurcated into commercial aircraft, regional aircraft, military aircraft, and others. Commercial aircraft is likely to remain the growth engine of the market during the forecast period. An expected increase in the production rates of key aircraft programs, stringent emission norms for reducing carbon emissions, an increase in the use of avionics in aircraft, and rising penetration of composites are likely to aid the growth of the segment in the coming years.

    Based on the shielding type, the market is segmented into shielded enclosures and non-shielded enclosures. Shielded enclosure is likely to remain the larger segment of the aircraft composite enclosures market during the forecast period. EMI shielded composite enclosures provide a combination of energy absorption as well as reflection. Shielded composite enclosures absorb and dissipate radiated energy from internal electronics.

    Based on the resin type, the market is segmented as PPS, PEEK, PEKK, and others. Among these resin types, PPS dominates the market. The resin type offers good dimensional stability even at elevated temperatures and in a harsh chemical environment. It also aids in the molding of complex parts with very tight tolerances; is resistant to a wide range of aggressive chemical environments; and maintains its dielectric stability and insulating properties under a range of conditions.

    Based on the fiber type, the market is segmented into carbon fiber composites and glass fiber composites. Carbon fiber composite is likely to remain the dominant segment of the market over the next five years, driven by its long list of advantages such as lightweight, higher strength-to-weight ratio, better EMI performance, and better aesthetics. Glass fiber composites also offer a wide array of advantages such as low cost, low weight, good product performance, and excellent corrosion resistance, over their rivals including aluminum and other metallic enclosures.

    Based on the manufacturing process type, the market is segmented as injection molding and others. Injection molding is estimated to remain the more dominant manufacturing process during the forecast period. It is considered to be an ideal process for mass-volume applications and has the ability to develop complex shapes in a very short cycle time with fewer scrapes.

    In terms of regions, North America is expected to remain the largest market for aircraft composite enclosures during the forecast period. In addition, the region is likely to witness healthy market growth in the coming years. The USA is the growth engine of the North American aircraft composite enclosures market. The presence of major aircraft manufacturers, tier players, and enclosure manufacturers primarily drive the demand for composite enclosures in the country. The country is not only the largest market in North America, but it is also the largest market in the world. Asia-Pacific is likely to depict the highest growth during the same period, driven by China, India, and Japan. All these three countries are likely to remain the growth engines of the region’s market for aircraft composite enclosures over the next five years.

     

    Key Players

     

    The development of lightweight enclosures and collaborations with OEMs and tier players for the joint development of enclosures are some of the strategies adopted by the major players to gain a competitive edge in the market. The following are some of the key players in the aircraft composite enclosures market:

    • TE Connectivity
    • Carlisle Interconnect Technologies
    • Kaman Aerospace (Vermont Composites Inc)
    • Automated Dynamics
    • AIM Aerospace
    • Connective Design Inc
    • Composiflex Inc.

    Research Methodology

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

    Aircraft Composite Enclosures Market, by Aircraft Type

    • Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Aircraft Composite Enclosures Market, by Shielding Type

    • Shielded Enclosures (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Non-Shielded Enclosures (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Aircraft Composite Enclosures Market, by Resin Type

    • PPS (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • PEEK (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • PEKK (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Aircraft Composite Enclosures Market, by Fiber Type

    • Carbon Fiber Composites (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Glass Fiber Composites (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Aircraft Composite Enclosures Market, by Manufacturing Process Type

    • Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

    Aircraft Composite Enclosures Market, by Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: The Middle East, Latin America, 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

    Frequently Asked Questions (FAQs)

    The aircraft composite enclosures market is estimated to grow at a promising CAGR of 11.2 % over the next five years to reach a value of US$ 208 Million in 2027. Increasing preference for composite parts over traditional metallic ones, and the growing use of avionics in next-generation aircraft are some of the key factors driving the demand for composite enclosures in the aircraft industry.

    TE Connectivity, Carlisle Interconnect Technologies, Kaman Aerospace (Vermont Composites Inc), Automated Dynamics, AIM Aerospace, Composiflex Inc., and Connective Design Inc are some of the key players in the market.

    North America is estimated to be dominant in the aircraft composite enclosures market in the coming years. The presence of major aircraft manufacturers, tier players, and enclosure manufacturers primarily drive the demand for composite enclosures in the region.

    PPS is likely to maintain its dominance in the market over the next five years. The resin type offers good dimensional stability even at elevated temperatures and in a harsh chemical environment. It also aids in the molding of complex parts with very tight tolerances; is resistant to a wide range of aggressive chemical environments, and maintains its dielectric stability and insulating properties under a range of conditions.

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