Aircraft Gaskets Market Key Players Profile and Industry Analysis to 2027
Stratview Research, a global market research firm announces the release of the report titled – Aircraft Gaskets Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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According to this report, the global Aircraft Gaskets Market is estimated to growth at a healthy CAGR of 5% by 2027.
Market Segments Analysis
The market researchers have studied the Aircraft Gaskets Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -
Key Players
Eaton Corporation Plc.
Esterline Technologies Corporation
Freudenberg Group
Hutchinson SA
Meggitt Plc
Parker-Hannifin Corporation
Saint-Gobain S.A.
SKF Group.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Aircraft Gaskets Market value and growth drivers over the trend period of 2022-27. According to the report -
The Covid-19 has impacted the market dynamics, competition, and sabotage in the supply chain of almost all industries. However, the aircraft industry proved to be one of its biggest victims. All the aerospace industry stakeholders were struggling in managing their liquidity and optimizing their operation in order to sustain in the market in the trying time. Gaskets represent a diminutive share of the gigantic aircraft industry, but this market followed a similar trajectory with a massive drop of -29.3% in their sales in the year 2020, forced the market to below its 2014 levels. After a colossal decline in the year 2020, the global aircraft gaskets market is set to grow at a healthy rate over the next five years to reach a projected figure of US$ 117.0 million in 2026. The organic growth of the aircraft industry may act as the prime growth engine of the market.
Segment Analysis:
Based on Aircraft Type:
Based on the aircraft type, the aircraft gaskets market is segmented as commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation. Commercial aircraft is expected to remain the largest and fastest-growing segment of the market during the forecast period. Expected increase in the production of best-selling commercial aircraft programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; introduction of variants of existing best-selling aircraft programs, such as B737 Max, A320neo, and B777X; and rising commercial aircraft fleet size across regions are the key factors rejuvenate the demand for gaskets in the commercial aircraft segment.
Based on Region:
In terms of regions, North America is expected to remain the largest market for aircraft gaskets during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, gasket suppliers, and airlines. All the major gasket manufacturers have a presence in the region to address the emergent needs of the OEMs. The region is pioneers in the general aviation, military aircraft, and commercial aircraft segments with a strong presence in other segments.
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What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
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