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Aircraft Door Market Growth, Opportunities, Industry Applications, Analysis and Forecast To 2025

Author : Ronak Bora | Published Date : 2020-08-27 

Increasing air carrier fleet owing to rising customer preference for air travel is driving the aircraft doors market place over the forecast timeframe. In 2017, Air Canada added over 10 new air carriers in the wide-body fleet to serve international destinations. Proliferating low cost carriers offering expanded travel network to multiple cities coupled with lower fare rates are further accelerating the industry growth till 2025.

Airplane manufacturers are focusing on reducing the overall weight by using advanced materials for increasing the overall operational efficiency. For instance, Boeing uses carbon fiber composites for its commercial airliner, the 787 Dreamliner, making it the first commercial airplane to utilize the material on a large scale. The lower weight of the product enables for easier opening and closing operations, thereby expanding the aircraft doors market share till 2025.

Supporting government initiatives to develop innovative, light-weight, durable, and efficient materials for manufacturing doors are further supporting the industry expansion over the study timeframe. For instance, in 2014, The European Commission funded a group of researchers to develop carbon nanotube technologies for airplane exit systems, thereby expanding the aircraft doors market share over the projected timeframe.

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Commercial aircrafts accounted for a significant share in the aircraft doors market place. This share is attributed to the increasing air carrier deliveries across the globe to meet the growing demand. For instance, according to the Center for Aviation, the global commercial aircraft grew by around 4% in 2017 accounting for 31,000 airplanes, thereby providing a positive outlook for the aircraft doors market proliferation till 2025.

Industry participants are investing in R&D for introducing advanced technologies to improve the overall experience and flight safety. For instance, in 2017, Latecoere showcased an electric gate concept named NexGED that operates with push button. Moreover, it opens automatically in the event of an emergency landing, positively influencing the aircraft doors market share.

Passenger doors will exhibit substantial growth over the forecast timeframe owing to its primary usage for entry and exit from the airplane. Proliferating air passenger traffic is positively influencing the market growth over the study timeframe. For instance, according to the International Civil Aviation Organization, air passenger carried accounted for over 3.9 billion in 2017, thereby supporting the aircraft doors market penetration over the projected timeframe.

In 2018, manual operating mechanism accounted for over 53% volume share. This dominance is attributed to its usage for passenger and emergency exit in air carriers including regional, commercial, and business jets. The lower cost of the system, along with ease of use and minimum maintenance requirements will further accelerate the segment growth till 2025.

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Aftermarket showcased a significant growth rate over the forecast timeframe owing to the on-condition inspection for ensuring air-worthiness. Additionally, extensive MRO requirements for overhauling and restoring old airplane fleet are further expanding the aircraft doors market share over the study timeframe.

North America leads the aircraft doors market place owing to the presence of major airplane manufacturers. Increasing military budget allocation for maintaining military jets will ensure its dominance over forecast timeframe. For instance, in 2015, the U.S. military entered into a strategic contract alliance worth USD 1.1 trillion with Lockheed Martin for maintaining the U.S. F35 fleet through 2077, providing growth prospects for the industry expansion.

Key participants in aircraft doors market place include Latecoere, Aernnova Aerospace S.A., Saab, Mitsubishi Heavy Industries, and Elbit Systems. Industry players are continuously investing in R&D for developing innovative solutions for manufacturing light weight products to strengthen their presence. For instance, in 2017, Ventana introduced an innovative airplane door manufactured using 3D printing technologies along with advanced wax processes and thin-walled casting technologies, that significantly reduces the weight by up to 30% compared to the traditional products.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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