Aircraft fairings are employed to protect systems and underlying structures from adverse external environmental factors. Essentially, aircraft fairings also contribute significantly to the aerodynamics by providing a smooth outline and reduced drag. The use of composite materials on aircraft fairing has dramatically grown over the past decade, resulting in greater fuel efficiency and lower costs for the aerospace industry.
According to the present trend, a gradual increase in the production of aircraft in the coming years and replacement of a substantial unit of aircraft are expected to proliferate opportunities for the manufacturers of aircraft fairings. Aircraft fairing market has been mainly fueled by record commercial airplane deliveries across the globe in the past few years. Subsequently, the aim of the study is to analyze the most recent trends and dynamics in the global and regional aircraft fairing market.
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FACTS AT A GLANCE
Companies: Strata Manufacturing PJSC,FACC AG,Saab AB,SABCA,ShinMaywa Industries, Ltd.,Malibu Aerospace LLC.,Precision Castparts Corp.,Avcorp Industries Inc.,DAHER,Maple Leaf Aviation Limited,GHENOVA Ingeniería S.L.
Coverage: All major geographies and key segments
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Segments: Aircraft Fairing Market Segmented By application such as Flap Track Fairings, Flap Support Fairings, Pylon Fairing, Others with material such as Composite (Fiberglass etc.), Metal and Alloys
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
Growth in aircraft fairing market is expected to remain firm against the backdrop of growing defense budgets and increasing commercial aviation. Aircraft fairing market is largely affected by the fact that an increasing share of the global population can afford to fly. Subsequently, necessitating airliners to increase the fleet size of aircraft and augmenting the demand for the aircraft fairings. Moving ahead, other drivers include developments that reduce fuel consumption, e.g. aircraft fairings, wing designs, and technologies that cut production costs.
Moreover, passenger traffic continues to outpace expectations and demand for new airplanes remains high. Manufacturers in the value chain tend to collaborate with the aircraft makers, such as Boeing and Airbus to develop advanced lightweight structures for more fuel-efficient aircraft, thereby supporting the growth of aircraft fairing market. In a nutshell, production of new aircraft, aftermarket services, and increasing disposable income are cited to bolster the aircraft fairing market.
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