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The unrelenting passion of the aerospace and defense industry to enhance the performance of commercial and military aircraft is constantly driving the development of improved high performance structural materials. Composite materials are one such class of materials that play a signifcant role in current and future aerospace components. Composite materials are particularly attractive to aviation and aerospace applications because of their exceptional strength and stiffness-to-density ratios and superior physical properties. Aerospace & defense composite ducting is composite with glass fiber, carbon fiber, epoxy resin, phenolic resin, thermoplastic resin, etc.
Scope of the Report:
As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas' company prefers investing to underdevelopment regions these years. The use of composites in particular is growing as aircraft manufacturers seeks to replace aluminium with lighterweight materials where possible
The industry is relatively fragmented, the key brand include Senior Plc, AIM Aerospace, Arrowhead Products, Triumph Group, STELIA Aerospace, ITT Corporation, Flexfab, Parker Hannifin, Hutchinson, Unitech Aerospace, Royal Engineered Composites, AVS-SYS, Kitsap Composites and so on.
The market is growing at a very rapid pace and with rise in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering specific application products for varied end-users. The new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The worldwide market for Aerospace & Defense Composite Ducting is expected to grow at a CAGR of roughly 6.7% over the next five years, will reach 1040 million US$ in 2024, from 710 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Aerospace & Defense Composite Ducting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Senior Plc
- AIM Aerospace
- Arrowhead Products
- Triumph Group
- STELIA Aerospace
- ITT Corporation
- Flexfab
- Parker Hannifin
- Hutchinson
- Unitech Aerospace
- Royal Engineered Composites
- avs-sys
- Kitsap Composites
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Glass Composites
- Carbon Composites
- Other Composites
Market Segment by Applications, can be divided into
- Commercial
- Military
- Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aerospace & Defense Composite Ducting product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Aerospace & Defense Composite Ducting, with price, sales, revenue and global market share of Aerospace & Defense Composite Ducting in 2017 and 2018.
Chapter 3, the Aerospace & Defense Composite Ducting competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aerospace & Defense Composite Ducting breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Aerospace & Defense Composite Ducting market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Aerospace & Defense Composite Ducting sales channel, distributors, customers, research findings and conclusion, appendix and data source.