Aerospace Pressure Bulkhead Market 2024: Industry Growth and Regional Analysis
Date: 2019-02-12   Author: Ronak Bora  Category: #industry

Aerospace Pressure Bulkhead Market 2024: Industry Growth and Regional Analysis

Asia Pacific aerospace pressure bulkhead market is anticipated to observe highest growth over the forecast timespan. Risisng aircraft fleet to support increasing passenger flow in countries including China, India, Japan and South Korea is the main factor propelling regional industry share. Opening of assembly facilities of Airbus and Boeing for A330, A320 and B737 aircraft programs will stimulate product demand.

North America holds largest market share in 2016 owing to its increased usage of narrow body aircraft and high focus on passenger safety. Presence of key manufacturing companies in the region add up to sales profits demographically. Moreover, introduction of advanced supply chain network comprising raw material suppliers, distributors, aircraft OEMs and airline companies will boost regional aerospace pressure bulkhead market growth.

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Aircraft type market segmented includes wide body, narrow body, very large, regional and business jet. Among these, narrow aircraft is expected to hold major industry share due to the presence of its high-tech fuel efficient next generation engines. Additionally, growing commercial aircraft manufacturing to support large number of passenger and freight traffic will boost aerospace pressure bulkhead demand.

Increasing demand for light weight aircrafts components to attain fuel efficiency will significantly propel business expansion. Shifting focus on cutting down overhead cost and build more space for passenger comfort will enhance product penetration. Aviation regulations to reduce pollutant emission for passenger safety in case of fire will be a key factor boosting aerospace pressure bulkhead market growth.

Major material type includes metal based products, which accounts account for the largest aerospace pressure bulkhead market share during the forecast time period. Other promising material such as composite based products provide brilliant strength to weight ratio at a relatively low rate and are technically futuristic. For instance, metal based are standard in the old programs including B747 & B737 and composite based are used in all generation aircrafts.

Rapid development in product demand is a crucial component that covers the rear and front end of a fuselage. Front end is positioned near the nose landing gear and upholds front cabin compression and rear end is used to seal pressurized passenger compartment. It maintains pressure needed in the cabin of an aircraft and thereby, well recognized as an important aspect for passenger and cargo security.

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Global aerospace pressure bulkhead market share is consolidated due to the presence of key and technologically advanced manufacturing companies. Key industry players include Airbus Group, Bombardier, Spirit Aerosystems, RUAG Holding, Aernnova Aerospace, Premium Aerotech and Kawasaki Heavy Industries.

Other prominent participants are Triumph Group, AVIC SAC Commercial Aircraft Company, Mitsubishi Heavy Industries, Embraer, Boeing, HCL Technologies, Saertex Group, Ametek, Extramet and OMPM. Industry participants are increasingly targeting developing economies & applying different approaches to enhance their industry share.



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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline 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.

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