The commercial aircraft avionics market is anticipated to register a CAGR of 16.08% during the forecast period. - The commercial aircraft avionics market is primarily dependent on the demand for new aircraft and upgrades of avionics for existing aircraft. The aviation industry is growing, and the procurement of new aircraft is being...
The global aircraft market saw a year of turmoil in 2019 as the Boeing 737 MAX saga disrupted production from the commercial aircraft perspective. 2020 has dwarfed the woes of the previous year as the COVID-19 pandemic has thrashed through every facet of the sector, showing mercy to few. Most evaluations see the industry as a whole recovering...
Aircraft Health Monitoring Systems Market Research Report by Component (Hardware, Services, and Software), by Fit (Linefit Aircraft and Retrofit Aircraft), by Platform, by End User, - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market Statistics: The report provides market sizing and forecast across five...
Global Aircraft engine MRO market 2021-2025 The analyst has been monitoring the aircraft engine MRO market and it is poised to grow by $ 22.57 bn during 2021-2025 progressing at a CAGR of 13% during the forecast period. Our report on aircraft engine MRO market provides a holistic analysis, market size and forecast, trends,...
The global commercial aircraft carbon brakes market grew at a CAGR of around 9% during 2014-2019. Carbon brakes help stop a moving aircraft by exploiting friction between the rotating and stationary discs. These brakes are durable and resistant against high temperature, thermal shock and mechanical fatigue. Consequently,...
The ground support equipment market is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025. Some of the factors that are expected to fuel the growth of the ground support equipment market are rising demand for electric ground support equipment, increasing warehouse operations at...
The digital MRO market is projected to grow from USD 606 million in 2020 to USD 1,809 million by 2030, at a CAGR of 11.6% from 2020 to 2030. The increasing digitalization of MRO to increase efficiency and reduce aircraft downtime is the key factor that is expected to fuel the growth of the digital MRO market. However, limited budgets that...
The Europe aircraft floor panel market is expected to grow from US$ 186.63 million in 2019 to US$ 325.57 million by 2027; it is estimated to grow at a CAGR of 9.7% from 2020 to 2027. Highlighting aircraft orders and delivery volumes are expected to boost the growth of the Europe aircraft floor panel market.The Europe aviation industry is...
The MEA aircraft floor panel market is expected to grow from US$ 33.96 million in 2019 to US$ 47.63 million by 2027; it is estimated to grow at a CAGR of 5.4% from 2020 to 2027. Increasing demand for air freighter fleet across the MEA region is expected to upswing the MEA aircraft floor panel market.The MEA air freight business is surging...
The APAC aircraft floor panel market is expected to grow from US$ 109.99 million in 2019 to US$ 183.00 million by 2027; it is estimated to grow at a CAGR of 8.6% from 2020 to 2027. Rising demand for air freighter fleet is expected to escalate the APAC aircraft floor panel market.The air freight business across the APAC region is surging...