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(Transportation-News.com, February 16, 2019 ) Stratview Research has launched a research report on Indian Aerospace Composites Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Indian Aerospace Composites Market from 2018 to 2023.
This 200-page report is segmented in six ways to provide a 360-degree holistic view. The segments are – • by Opportunity Type (Indigenous Opportunities, Export opportunities, and Others) • by Aircraft Type (Civil Aviation, Military Aviation, and Others) • by Application Type (Aerospace Exterior Composites, Aerospace Interior Composites) • by Resin Type (Epoxy Composites, Phenolic Composites, and others) • by Fiber Type (Carbon Fiber Composite, Glass Fiber Composites, and Others) • and by Process Type (Hand Layup, Other Processes)
Stratview Research, has presented the study of Indian Aerospace Composites Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Some of the key players in the aerospace composites market in India are Tata Group, Hindustan Aeronautics Ltd. (HAL), Kineco Kaman Composites - India Private Ltd., Valeth High Tech Composites Pvt Ltd, Taneja Aerospace and Aviation Limited, and Adani Defense and Aerospace Group. Execution of joint ventures and partnership and development of new composite applications are the key strategies adopted by the major players in the Indian aerospace composites market.
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Increasing penetration of composites
The next five years for the Indian aerospace composites market are going to be extremely vigorous with significant growth opportunities in both indigenous as well as export market. It is estimated that the market for aerospace composites in India including export potential is likely to reach a value of US$ 302.5 million in 2023. Currently, the market is relatively very small with the presence of a few local players, which possess good composite capabilities. However, it is expected that the Indian market is likely to evolve rapidly in terms of both demand as well as technology in order to cater to the huge indigenous demand for commercial as well as military aircraft.
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
3133074176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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