Aircraft Gaskets Market Worth US$ 249.5 million in 2024
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  • Aircraft Gaskets Market Worth US$ 249.5 million in 2024

     



    (Transportation-News.com, January 17, 2019 )
    Stratview Research has published a new research report on Aircraft Gaskets Market. This extensive 249-page report by Stratview Research analyses the growth of Aircraft Gaskets Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
    ● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
    ● by Application Type (Airframe, Landing Gear, and Others)
    ● by Material Type (Polymer Gaskets, Metal Gaskets, and Fabrics)
    ● by End-User Type (OE and Aftermarket)
    ● and by Region (North America, Europe, Asia-Pacific, and RoW)

    Go through the detailed scope: https://www.stratviewresearch.com/toc/396/aircraft-gaskets-market.html

    Or

    Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/396/aircraft-gaskets-market.html

    Increasing production rates of key aircraft programs

    The aircraft industry represents less than 1% of the total gaskets market but is expected to be one of the fastest-growing markets for gaskets in the coming five years. The aircraft gaskets market is projected to grow at a healthy rate over the next five years to reach US$ 249.5 million in 2024. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for fuel-efficient aircraft; advancement in gasket materials; and rising aircraft fleet size are the major factors mushrooming the growth of the market.

    North America to remain the largest market

    In terms of regions, North America is expected to remain the largest market for aircraft gaskets during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, gasket suppliers, and airlines. All the major gasket manufacturers have presence in the region to address the emergent needs of the OEMs in order to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of the existing aircraft programs.

    Top market players

    The supply chain of this market comprises raw material suppliers, aircraft gasket manufacturers, distributors, tier players, aircraft OEMs, airline companies, aircraft leasing companies, and MRO companies. The key players in the aircraft gasket market are Eaton Corporation Plc., Esterline Technologies Corporation, Freudenberg Group, Hutchinson SA, Meggitt Plc, Parker Hannifin Corporation, Compagnie de Saint-Gobain S.A., and SKF Group. Development of optimized aircraft gaskets, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

    Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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