Stratview Research has recently added a new report titled Aircraft Composite Control Surfaces Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Aircraft Composite Control Surfaces Market.
Market Highlights
The market for aircraft composite control surfaces is likely to experience a promising CAGR of 8.7% during 2021-2026 to reach 4.1 billion by 2026.
To know more about the covid impact on the market, click here: https://www.stratviewresearch.com/Request-Sample/2225/aircraft-composite-control-surfaces-market.html#form
Segmentation –
This report studies the Aircraft Composite Control Surfaces Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the fiber type, the aircraft composite control surfaces market is segmented as carbon fiber composites and glass fiber composites. Carbon fiber is expected to remain the most preferred material for fabricating control surface parts in the foreseen future. Lightweight, high strength, smooth finish, stiffness and rigidity, good resistance to fatigue and fire, and low coefficient of thermal expansion are some key properties of carbon fibers, making them the preferred fiber type for aircraft control surfaces.
Based on the resin type, the market is segmented as epoxy composites and other composites. Epoxy is a predominantly used resin type and holds a giant share of the market. Epoxy is preferably used with carbon fiber to fabricate composite parts for high-performance applications. Epoxy is not only used to fabricate composite control surface parts but also to fabricate other crucial aerospace composite parts. Thermoplastics, such as PPS and PEEK, are also gaining some traction in the market, especially in rudder and elevators. These thermoplastic composite parts are excessively used in assembly parts such as cleats and clips.
Based on the type, the aircraft composite control surfaces market is segmented as primary control surfaces (ailerons, rudders, and elevators), and secondary control surfaces (spoilers, flaps, and air brakes)]. Aileron is expected to remain the largest as well as the fastest-growing control surface type during the forecast period. Ailerons are the important control surface used in pairs to control roll about the longitudinal axis. Flap is likely to remain the second-dominant segment till 2026. It has its importance at the time of take-off and landing. It generates more lift at a slower airspeed which enables the aircraft to fly at a greatly reduced speed with a lower risk of stalling.
In terms of regions, North America is expected to maintain its vanguard in the market during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, composite aircraft control surface suppliers, and airlines. Asia-Pacific will witness the highest growth during the forecast period with China, Japan, and India being the major markets in the region.
The following are the key players in the Aircraft Composite Control Surfaces Market:
- Spirit AeroSystems, Inc.
- FACC AG
- Triumph Group Inc.
- GKN Aerospace (A Melrose Company)
- Boeing Aerostructures Australia
- Aernnova Aerospace S.A.
- Harbin Hafei Airbus Composite Manufacturing Centre
- CTRM (CTRM Aerocomposites Sdn Bhd)
- Turkish Aerospace
About Stratview Research-
Stratview Research is a global market intelligence firm having a strong team of industry veterans and research analysts. Stratview Research has been serving multiple clients across a wide array of industries. Our services cover a broad spectrum of industries including but not limited to Energy Chemicals, Advanced Materials, Automotive, and Aerospace. At Stratview, we believe in building long-term relations with our clients.
Connect with our team here–
https://www.stratviewresearch.com/contact
Or
Call us: +1-313-307-4176
