Stratview Research announces the launch of a new research report on Global Aerospace & Defense Composite Ducting Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and Others), by Pressure Type (Low Pressure and High Pressure), By Reinforcement Type (Glass Composites, Carbon Composites, and Other Composites), by Matrix Type (Epoxy Composites, Phenolic Composites, Thermoplastic Composites, and Other Composites), by Application Type (ECS, APU, Avionics Ventilation, and Others), by Manufacturing Process (Mandrel Layup, Rotation Molding, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
This strategic report, from Stratview Research, studies the composite ducting market in the global aerospace & defense industry over the period 2015 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Composite Ducting Market in the Global Aerospace & Defense Industry: Highlights
As per Stratview Research, the global aerospace & defense composite ducting market offers a healthy growth opportunity during the forecast period of 2018 to 2023 and reach an estimated US$ 815.8 million in 2023. The author of the report stated that increasing production rate of major aircraft programs, such as A320 family, A350XWB, B737, and B787; upcoming aircraft and introduction of variants of the existing aircraft platforms, such as C919, MC-21, B737 Max, and A320neo; continuous shift from metal ducts to composite ducts to achieve higher fuel efficiency; advancement in the ducting technology; and growing aircraft fleet size are the major growth drivers of the global aerospace & defense composite ducting market.
The research’s findings suggest that commercial aircraft is expected to remain the growth engine of the global aerospace & defense composite ducting market during the forecast period. The aircraft segment is also expected to witness the highest growth over the next five years, driven by increasing production rate of key aircraft programs, such as B737, A320, B787, and A350, and continuous shift from metal ducts to composite ducts in both low-pressure and high-pressure applications.
In terms of reinforcement type, glass fiber is the most widely used in the global aerospace & defense composite ducting market and is expected to remain the largest reinforcement type over the next five years as well. The 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 low cost. However, ducting with carbon fiber is likely to witness the fastest growth over the next five years.
As per the study, North America is expected to remain the largest market for composite ducting over the next five years. This region is the manufacturing hub of the advanced composites industry with the presence of several large to small part fabricators and prepreggers, and raw material suppliers. Boeing, Bombardier, and Lockheed Martin are the major aircraft manufacturers in North America. However, Asia-Pacific is likely to experience the highest growth during the forecast period, driven by demand for composite ducting in upcoming commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ.
The key composite ducting manufacturers for the aerospace & defense industry are Senior Aerospace, Triumph Group, ITT Corporation, Parker Hannifin Corporation, Arrowhead Products, AIM Aerospace, and Stelia North America. New product development, long-term contracts, and collaboration with OEMs are the major strategies adopted by the key players to gain competitive edge in the market.
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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 on 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:
This report studies composite ducting market in the global aerospace & defense industry and has segmented the market in seven ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the seven ways in which the market is segmented:
Global Aerospace & Defense Composite Ducting Market by Aircraft Type:
Global Aerospace & Defense Composite Ducting Market by Pressure Type:
Global Aerospace & Defense Composite Ducting Market by Application Type:
Global Aerospace & Defense Composite Ducting Market by Reinforcement Type:
Global Aerospace & Defense Composite Ducting Market by Matrix Type:
Global Aerospace & Defense Composite Ducting Market by Manufacturing Process Type:
Global Aerospace & Defense Composite Ducting Market by Region:
Stratview Research has number of high value market reports in the global aerospace & defense industry. Please refer to the following link to browse through our reports:
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