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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aerospace & Defense Ducting Market Size to hit $7bn by 2025.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Aerospace & Defense Ducting Market Size to hit $7bn by 2025."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Aerospace & Defense Ducting Market Size to hit $7bn by 2025

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Growing prominence of efficient air management and cabin pressurization in aircrafts is propelling the aerospace & defense ducting market demand. Proliferating aircraft production coupled with requirement of replacing ageing aircrafts are significantly expanding the industry share. Moreover, increasing aircraft order backlogs and production rates are providing a positive outlook for the industry expansion. For instance, in 2017, number of orders for Boeing aircrafts rose to 912 units with an increase of 17.5% as compared with 2016.  Development of advanced air conditioning and propulsion systems are escalating the aerospace & defense ducting market share over the forecast timeframe. Surging aircraft fleet size owing to rise in passenger and commercial air transportation is supporting the industry size. According to International Air Transport Association (IATA), in 2017, air passenger traffic rose to 4.1 billion air passengers with an increase of 7.2% as compared with 2016 Aerospace & Defense Ducting Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  It is expected that clinical health AI applications will create around USD 150 billion in annual savings for the U.S. healthcare industry by 2026. The increasing popularity of AI-based applications will compel GPU manufactures to develop new GPUs that run intensive machine learning algorithms efficiently.  However, a declining market for cryptocurrency will affect the graphic processing unit (GPU) Market growth. Miners need high-end computing processors to build machines that mine bitcoin. As the value of value of cryptocurrency is declining, the demand for GPUs has also decreased to a greater extent.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report Aerospace & Defense Ducting Market @ https://www.gminsights.com/industry-analysis/aerospace-defense-ducting- market https://www.gminsights.com/industry-analysis/aerospace-defense-ducting- market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3080

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Aerospace & Defense Ducting Market, By Application, 2018 & 2025, (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com GKN PLC AIM Aerospace Senior PLC Stelia Aerospace Unison Industries Eaton Corporation RSA Engineered Products LLC Meggitt PLC Arrowhead products and Encore Aerospace Major Companies Aerospace & Defense Ducting Market :

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage

8 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com North America is expected to dominate the market size over the forecast period owing to the presence of major aircraft manufacturers in the region. Proliferating aircraft deliveries coupled with adoption of advanced manufacturing technologies will prominently enhance the industry share. For instance, in 2018, aircraft deliveries of Boeing rose to 806 aircrafts with an increase of over 5% as compared with 2017. Moreover, growing inclination of industry participants to work with aircraft manufacturing companies to develop new products is strengthening the aerospace & defense ducting market size. Regional Insights in Aerospace & Defense Ducting Market :

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