This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Trim Tabs Market

Market Insights on Trim Tabs covering sales outlook, demand forecast & up-to-date key trends

Trim Tabs Market by Type, Control, End- User, Application & Region - Forecast 2022 - 2032

Trim Tabs Market Snapshot

The global demand for trim tabs is anticipated to grow at a steady CAGR of over 3.1% during the forecast period from 2022 to 2032. Rising demand for trim tabs across aviation and marine industries is a major force behind the expansion of the global trim tabs market.

Report Attribute

Details

Trim Tabs Market Projected Growth Rate (2022-2032)

~3.1% CAGR

Trim Tabs are small surfaces or adjustable tabs attached to the trailing edge of a larger control surface on aircraft or boat, used to trim or counteract hydro- or aerodynamic forces and stabilize the boat or aircraft in a particular attitude. They have become ideal devices for controlling and stabilizing aircraft and boats during traveling.

With rapid globalization, flourishing tourism industry, increase in import/export business and changing lifestyle, the relevance of sea and air travel has increased exponentially in recent years, creating space for the growth of trim tabs market.

Trim tabs are mostly available in the form of metallic plates that provide surface control on aircraft and boats, thereby ensuring optimal safety of passengers. These control surfaces can be adjusted as per the requirement. Rising inclination of aviation and marine industries towards ensuring optimal safety of passengers will therefore continue to act as a catalyst for the growth of trim tabs market.

There are generally two types of trim tabs available in the market i.e., fixed trim tabs and adjustable trim tabs. However, adjustable trim tabs are preferred over fixed ones due to the fact that they can be controlled and adjusted by pilots during flights, thereby giving greater control over the aircraft in face of challenging circumstances.

Based on control type, trim tabs can be controlled through mechanical, electrical or hydraulic means.

Which Factors are Spurring the Growth in Trim Tabs Market

Rapid expansion of aviation and marine sectors worldwide, implementation of stringent aviation safety regulations, advancements in trailing edge technologies for aircraft and boats, and favorable government support are some of the major factors driving the growth in the global trim tabs market.

Trim tabs have become critical components for ensuring effective control and maneuverability of aircraft and marine vessels. Any fault or malfunctioning of trim tabs can cause devastating results such as loss of lives. This factor is likely to stimulate the growth of trim tabs market during the forecast period.

Another factor stimulating the growth of trim tabs market is the rise in the number of aircraft and military jets across the world. They are being used for numerous applications ranging from passenger travel and landscape inspection to defense operations.

Similarly, rising demand for trim tabs in marine sectors is expected to create lucrative growth avenues within the global trimtabs market during the forthcoming years. Trim tabs help to stabilize boats, improve vessel balance and increase efficiency. Rapid increase in recreational and sports boating activities worldwide will further boost market growth during the assessment period.

Demand for adjustable trim tabs is expected to increase at a relatively higher CAGR during the forecast period. These trim tabs can be used and adjusted through cockpit controls available to the pilots and allow for management of flight through constant dynamic conditions.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Challenges Faced by the Trim Tabs Industry

Despite a positive growth outlook, the global trim tabs market is facing various obstacles that are likely to challenge its growth over the forecast period. One such factor is the poorly developed aviation and marine industries across low economies such as Africa.

Will North America Retain its Dominant Position in the Global Trim Tabs Market

North America accounted for the largest share of the global trim tabs market in 2022 and is forecast to retain its dominant position during the forecast period, owing to the presence of highly established aviation sector in countries like the United States, presence of stringent aviation safety regulations, rising government initiatives and funding, and heavy presence of leading market players.

Sales are likely to increase mostly across the United States due to flourishing aviation industry, presence of leading aircraft manufacturers, growing focus towards improving passenger safety, and rise in recreational and sports boating activities.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Why is Asia-Pacific Emerging as an Opportunistic Trim Tabs Market

According to Future Market Insights, Asia Pacific is expected to provide immense growth opportunities for trim tabs during the forecast period between 2022 and 2032, owing to the booming aviation and marine industries across countries like China and India, rising disposable income, increasing government support, and large presence of regional and domestic market players.

Among Asia Pacific countries, China remains the most lucrative market for trim tabs due to the rapid increase in the number of passengers airplanes and jets, rising investments by government on developing and expanding aviation sector, and growing adoption of trim tabs for enhancing passenger safety during travels.

Market Competition

Some of the key participants present in the global trim tabs market include Volvo Penta, Bennett Marine Inc., Linear Devices Corporation (Lecrotab), Lenco Marine, Aviat Aircraft, Inc., Trim Master Marine, Inc., McFarlane Aviation, Inc., Textron Aviation, and LORD Corp. among others.

These market players are continuously focusing on introducing advanced products to help end users in better handling of airplanes and boats during traveling. Furthermore, they have adopted various strategies such as partnerships, mergers, acquisitions to expand their global presence.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 3.1% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Control Type
  • End Users
  • Application
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Volvo Penta
  • Bennett Marine Inc.
  • Linear Devices Corporation (Lecrotab)
  • Lenco Marine
  • Aviat Aircraft, Inc.
  • Trim Master Marine, Inc.
  • McFarlane Aviation, Inc.
  • Textron Aviation
  • LORD Corp.

Customization

Available Upon Request

Key Segments Profiled in the Trim tabs Industry Survey

By Type:

  • Fixed Trim Tabs
  • Adjustable Trim Tabs

By Control Type:

  • Mechanical
  • Electrical
  • Hydraulic

By End Users:

  • Personal
  • Commercial
  • Military
  • Sports

By Application:

  • Aviation
  • Marine

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

As per FMI, the global trim tabs market is expected to expand at a CAGR of around 3.1% throughout the forecast period.

Asia Pacific is anticipated to generate lucrative growth opportunities for the trim tab manufacturers during the forecast period.

Volvo Penta, Bennett Marine Inc., Linear Devices Corporation (Lecrotab), Lenco Marine, Aviat Aircraft, Inc., and Trim Master Marine, Inc. are some prominent trim tabs manufacturers

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Automotive Insights

View Reports

Recommendations

Automotive

Automotive Exterior Trim Parts Market

Published : July 2020

Automotive

Trim Tabs Market

Published : March 2019

Automotive

Opening Trim Weatherstrips Market

Published : August 2017

Automotive

Automotive Soft Trim Interior Materials Market

Published : May 2016

Google translate