Aero Structure Equipment Market: Market Outlook
Aero structure is considered to be a key component in an aircraft’s airframe. It includes part of the wings, fuselage and flight control surfaces. Companies that specialize in the manufacturing of these equipment are referred to as aero structure manufacturers. Many big aerospace firms with a more diversified product range also build aero structures. Nano-technology has boosted advancements in lightweight materials that can now be embedded in alloys of aluminum and used in aircraft wings or other components.
The aero structure equipment market has seen some dramatic developments in recent years. In 2012, industrial production of both B787 and A350 was at ramp up stage which created a stagnant market. By 2015, the things had taken a more positive turn with strong ramp up new B737 MAX and A320neo family combined with the signs of increased automation. Therefore, development of new aircraft programs and rapid advances in automation technologies will support the demand for aero structure equipment. Manufacturers have announced price increase in legacy programs, which in turn, will lead to development of new aircrafts in the coming years.
Aero Structure Equipment Market: Driver
Growing use of composite materials and increasing number of aircrafts will support the demand for aero structure equipment during the forecast period. Also, the evolution of the 3D printing technology will directly affect the demand for aero structure equipment during the forecast period.
Aero Structure Equipment Market: Challenge
However, technological gaps between subtractive and additive manufacturing will create immense challenges for the aero structure equipment market. Also, upcoming challenge will be to improve composite material profitability by reducing associated costs & integrating the value chain to improve flexibility
Aero Structure Equipment Market: Trend
Ongoing advances in both metal alloys (such as titanium aluminide or aluminium magnesium scandium) and thermoplastics and rapidly maturing manufacturing techniques, such as 3D printing, robotics, out of autoclave processing and fusion welding, are leading to cost and weight saving as well as lead time saving during manufacturing of airframe structures and parts.
Aero Structure Equipment Market: Regional Outlook
Aircraft production is witnessing high demand, fueled by various global factors. In spite of the trend of route consolidation and geo-political situations in countries, such as Russia, resulting in some restrictions, the global GDP (Gross Domestic Product) has been increasing constantly. Increasing population is also leading to higher volume of flights. In the European Union especially, there is high demand for more fuel-efficient and eco-friendly aircrafts. The growth of expanding & emerging markets, such as Mexico and China, is being supported by large investments and attractive workforce. These factors will eventually increase the demand for aircrafts, which in turn, will drive the aero structure equipment market.
Aero structure Equipment Market: Segmentation
On the basis of equipment type, the Aero structure Equipment Market can be segmented into:
Automated Production System
Automated Assembly Systems
On the basis of aircraft body type, the Aero structure Equipment Market can be segmented into:
Small Body Aircraft Aero Structure Equipment
Wide Body Aircraft Aero Structure Equipment
Very Large Body Aircraft Aero Structure Equipment
Regional Aircraft Aero Structure Equipment
On the basis of type, the Aero structure Equipment Market can be segmented into:
Aero Structure Equipment Market: Market Participants
The aero structure equipment market is consolidated with a few prominent players taking up most of the global share. There is an increasing probability of a change in market share of key vendors as the new players are focusing on offering a wide array of subsystems and components using automation technology in an economically viable manner. However, strict regulatory norms will prevent mass adoption of automation manufacturing technologies in commercial aviation applications.
Some of the market participants/vendors identified across the value chain of the Aero structure Equipment Market are:
Broetje Automation GmbH
Gemcor (Ascent Aerospace)
MTorres Diseños Industriales
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaustive analysis on:
Market Segments of Aero Structure Equipment
Market Dynamics of Aero Structure Equipment
Market Size of Aero Structure Equipment
Supply & Demand of Aero Structure Equipment
Current Trends/Issues/Challenges of Aero Structure Equipment
Competition & Companies involved of Aero Structure Equipment
Technology of Aero Structure Equipment
Value Chain of Aero Structure Equipment
Regional analysis includes:
North America (U.S., Canada) Aero Structure Equipment
Latin America (Mexico, Brazil) Aero Structure Equipment
Western Europe (Germany, Italy, France, U.K, Spain) Aero Structure Equipment
Eastern Europe (Poland, Russia) Aero Structure Equipment
Asia Pacific (China, India, ASEAN, Australia & New Zealand) Aero Structure Equipment
Japan Aero Structure Equipment
Middle East and Africa (GCC Countries, S. Africa, Northern Africa) Aero Structure Equipment
The Aero Structure Equipment report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Aero Structure Equipment provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Aero Structure Equipment also maps the qualitative impact of various market factors on market segments and geographies.
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance