Aircraft Enclosures Market Research Report - Global Forecast till 2025.

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Presentation transcript:

Aircraft Enclosures Market Research Report - Global Forecast till 2025

Market Scenario Aircraft enclosures are cabinets that are utilized to protect critical electronic components. Aircraft enclosures offer protection to components against aircraft fluids and static electricity. Furthermore, they assist in reducing thermal loads. Stringent government regulations regarding aircraft and passenger safety are propelling aircraft manufacturers to invest in aircraft enclosures. Increasing air traffic and the subsequent demand for new aircraft are the key factors driving the growth of the global aircraft enclosures market. Report Sample:

Segmentation of the Global Aircraft Enclosures Market On the basis of aircraft type, the global aircraft enclosures market has been divided into commercial, military, regional, and others. In 2018, the commercial segment dominated the market. Increasing air travel across the globe and rising air passenger traffic are expected to drive the growth of the segment. According to the International Civil Aviation Organization (ICAO), the number of passengers carried by airlines increased from 4 billion passengers in 2017 to 4.3 billion passengers in Hence, the segment is expected to register the highest CAGR during the forecast period. Browse Complete Report Details:

Scope of the Report: In terms of region, the global aircraft enclosures market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America accounted for a dominant share of the market in However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period. The growing demand for new aircraft in the region to cater to the rising air passenger traffic is expected to drive the growth of the aircraft enclosures market in Asia-Pacific. China is expected to require over 7,400 new passenger aircraft and fighters between 2018 and 2037, which is a significant factor driving the growth of the regional market.

Key Players: The key players in the global aircraft enclosures are Carlisle Interconnect Technologies (US), Garmin Ltd (US), Collins Aerospace (US), Ducommun Incorporated (US), Honeywell International Inc. (US), Thales Group (France), TE Connectivity (Switzerland), Precision Metal Industries (US), and Curtiss-Wright Corporation (US). Research Methodology The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.

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