This Aircraft Drive Shaft And Couplings market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Aircraft Drive Shaft And Couplings market.
A drive shaft, propeller shaft, carden shaft or driving shaft is a mechanical part used for the transmission of torque and the applied rotation to the driven components. The drive shaft is usually employed for the connection of components of a drive train to other parts that are not connected directly due to the long gap between them.
For the proper alignment between the driven and the driving components, the drive shaft is often incorporated with one or multiple couplings or universal joints. Thus, the combination of the drive shaft and the appropriate coupling plays an important role in the transmission of motion from the driving assembly to the driven assembly in an aircraft. For the proper functioning of the drive shaft and the couplings, manufacture and the design of these components play significant roles. The materials used for the manufacturing of these components should be of high standards as these components are subjected to high shear stress and torsion, which can even cause breakdown of the aircraft while in operation. Hence, they must therefore be durable enough to tolerate the stress and its corresponding forces, at the same time, avoid additional weight that would in turn upsurge the inertia of the aircraft.
Aircraft Drive Shaft and Couplings Market: Dynamics
The development of new materials for aircraft drive shaft and couplings, which are lightweight and have long life, will play significant role in the aircraft drive shaft and couplings market in the near future. Additionally, new approaches and technologies towards the manufacture of better aircraft drive shaft and couplings, which can be mounted with perfection on any aircraft, are expected to be the prominent drivers for the global aircraft drive shaft and couplings market growth. State-of-the-art manufacturing technologies, such as 3D printing and additive manufacturing ease the process as well as enhance the quality of products. This, along with the production of drive shaft and couplings in various complex shapes & designs and in different sizes are noteworthy achievements that are expected to bolster the market growth over the forecast period. At present, more people prefer aircrafts as a comfortable mode of commutation and as a result the aerospace and aircraft industry has witnessed substantial growth, which in turn influenced the positive growth of aircraft drive shaft and couplings market. Furthermore, growth in the production of aircraft and its engine components, which have high surface finish and better quality will propel the growth of the global aircraft drive shaft and couplings market in near future.
Aircraft Drive Shaft and Couplings Market: Regional Outlook
The market for aircraft drive shaft and couplings is expected to grow at a healthy CAGR during the forecast period. North America and Europe are expected to hold major shares in the global aircraft drive shaft and couplings market due to the presence of large number of aircrafts in these regions.
Additionally, aircraft manufacturing industries in all developed regions have been exhibiting significant growth in the recent decade. Ongoing research for producing parts and components that can be manufactured in lesser time and effort are considered to be the prominent drivers that will boost the aircraft drive shaft and couplings market growth in these region over the forecast period. Developing nations in the APEJ region, particularly India and China, will play vital roles in the growth of the aircraft drive shaft and couplings market over the upcoming decade.
Aircraft Drive Shaft and Couplings Market: Market Participants
Examples of some of the market participants in the global Aircraft Drive Shaft and Couplings market, identified across the value chain include:
- GKN Aerospace
- UTC Aerospace Systems
- Pankl Racing Systems (Pankl)
- Northstar Aerospace
- SDP/SI - Stock Drive Products / Sterling Instrument
- Altra Industrial Motion
- Regal Beloit Americas, Inc.
- General Dynamics Ordnance and Tactical Systems
- Lawrie Technology, Inc.
- SS White Aerospace
- Umbra Cuscinetti S.p.A.
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
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil and Rest of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
- Eastern Europe (Poland, Russia and Rest of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The 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 report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
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Aircraft Drive Shaft and Couplings Market: Segmentation
The aircraft drive shaft and couplings market can be segmented on the basis of Drive Shaft Coupling Type, Sales Channel and Aircraft Size.
By drive shaft coupling type, the aircraft drive shaft and couplings market can be segmented as:
- Universal Joints
- Oldham Coupling
- Flexible Shafts
By sales channel, the aircraft drive shaft and couplings market can be segmented as:
By aircraft size, the aircraft drive shaft and couplings market can be segmented as:
- Small Aircraft
- Medium Aircraft
- Large Aircraft
- 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
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Aircraft Drive Shaft And Couplings Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
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How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.