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Aircraft Interior Sandwich Panel Market 2018 By Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

Author : Ronak Bora | Published Date : 2019-05-03 

An analysis of aircraft interior sandwich panel market has been provided in the latest report introduced by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

Aircraft Interior Sandwich Panel Market is poised to grow at a high CAGR from 2018 to 2024 impelled by increasing aircraft production owing to modernization of manufacturing technologies along with rising air passenger traffic. The aviation industry emphasizes sustaining its brand value and maintaining its loyal customers, thereby focusing on providing improved quality and safe interior cabin atmosphere for the travelers.

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The advancements in production technologies including additive manufacturing for designing complex parts and components with unique geometries are supporting the development of highly durable and low-cost aircraft interior sandwich panels, positively influencing the market growth till 2024. Further, the emergence of advanced printing technologies including power-bed laser printing in creating a single part for replacing multiple parts along with innovative 3D printing technologies plays a significant role in reducing the possibility of failures and lowering the overall component costs, providing a positive outlook for the industry expansion.

Based on application, the aircraft interior sandwich panel marketplace is categorized into sidewalls, ceilings, stowage bins, and floors. The increasing preference of airliners to offer a premium experience to its passengers within the flight is supporting the industry growth over the projected timeframe. The growing preference of passengers to opt for business and executive class tickets for long duration flights is further supporting the market share till 2024. The requirement for durable stowage bins to support heavier loads and luggage during a flight journey is positively influencing the market growth till 2024.

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Based on materials, the aircraft interior sandwich panel market place is segmented into aluminum honeycomb, nomex honeycomb, and thermoplastic. Aluminum honeycomb will account for a major share in the aircraft interior sandwich panels marketplace owing to its lightweight, higher strength to weight ratio, and improved compressive strength. Further, enhanced resistance from corrosion along with the superior durability of the material will play a major role in expanding the aircraft interior sandwich panel market share over the study timeframe.

Based on aircraft, the industry is classified into business aviation, commercial aviation, military aircraft, and regional jets. The requirement for lightweight and durable interior sandwich panels in aircraft for offering air passengers with premium travel experience is playing a major role in the aircraft interior sandwich panel industry growth till 2024. Increasing requirement for materials with superior design flexibility and durability along with improved reliability for military aircraft is providing a positive outlook for the market proliferation.

Browse Complete Report @ https://www.gminsights.com/industry-analysis/aircraft-interior-sandwich-panel-market

Asia Pacific will contribute significantly toward the aircraft interior sandwich panel market place. This growth is attributed to the increasing air passenger traffic along with improving disposable income across the region. Proliferating tourism sector coupled with a higher adoption of low-cost carrier services with expanded airline networks is further strengthening the industry expansion till 2024.

A few players in the aircraft interior sandwich panel market place include Jamco Corporation, Zodiac Aerospace, Rockwell Collins, Euro-Composites Corp., Collins Aerospace, The Gill Corporation, DuPont, CoreLite, Inc, Triumph Composite Systems, and FACC AG. Mergers and acquisitions are among the major strategies adopted by industry participants for introducing innovative components and expanding their market share. For instance, in 2017, EconCore and Diehl Aircabin announced a strategic partnership for developing advanced aircraft interior modules based on thermoplastic honeycomb.

Related Report: https://www.marketwatch.com/press-release/aerospace-auxiliary-power-unit-market-share-by-industry-analysis-report-regional-outlook-application-development-potential-price-trend-regional-outlook-forecast-2024-2019-05-02

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org 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. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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