© 2016 Global Market Insights, Inc. USA. All Rights Reserved Worldwide Aircraft Doors Market to exceed $9.5 Bn by 2025
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Rising air carrier fleets owing to increasing air passenger traffic will augment aircraft doors market growth over study timeframe. As per the International Air Transport Association (IATA), in 2017, the passenger traffic rose to 4 billion and increased by over 8% compared with European Union funded research to incorporate carbon nanotubes for producing lightweight and cost-effective structural parts including landing gear door. Rising prominence for weight reduction solutions in air carriers will drive aircraft doors market over the forecast timeline. commercial aircrafts accounted for over 45% in aircraft doors market owing to continuous increase in airplane deliveries. According to CAPA, in 2017, the commercial airlines deliveries rose to over 31,000 with an increase of around 4% as compared to Key Insights from Aircraft Doors Market:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued… Cargo doors is expected to witness significant gains over the forecast period with rise in cargo transport. According to IATA, in 2018, the air cargo transportation crossed 60 million tonnes with an increase of around 4.5% as compared to Air cargo transportation holds significant share and accounts for over 35% global trade by volume. Airliners such as Cathway Pacific Airways are amplifying load bearing capacity to support cargo industry. Moreover, installation of separate cargo specific doors in areas such as bottom of upswept aft portion on underside of the fuselage to ease loading and unloading will support aircraft doors market growth. Ongoing innovations offering high power to weight ratio and self-contained systems will induce significant potential in hydraulic aircraft doors market
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Aircraft Door Market, By Door, 2018 & 2025, (Units)
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latecoere Saab AB Celebi Mitsubishi Heavy Industries Elbit Systems Aernnova Aerospace S.A Major Companies in Aircraft Doors Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved North America dominates aircraft doors market size owing to the presence of major airplane manufacturers such as Bombardier Aerospace, Boeing, and Lockheed Martin. Moreover, presence of large number of airports handling large traffic will positively influence the product demand. Asia Pacific will exhibit a robust growth with improving economic conditions and emergence of low-cost carriers. Latin America aircraft doors market share will witness over 6.5% CAGR over study timeframe with rising aircraft fleets. Airliners are continuously expanding commercial and regional jet fleets to accommodate larger number of passengers. For instance, in July 2018, Embraer received an order of over 20 regional jets from Azul Linhas Aereas Brasileiras. Middle East & Africa is at nascent stage and bound to witness significant growth owing to proliferating tourism industry. Regional Insights Aircraft Doors Market:
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