By 2024, Aerospace floor panels market to witness heavy growth prospects via Aluminum honeycomb materials

Aerospace floor panels market from Aluminum honeycomb materials will witness sturdy growth owing to high strength to weight ratio. Non-absorbent and high recyclable properties of aluminum decreases product cost. It imparts superior strength to structures that further enhances component life. Competitive cost in comparison with other materials will fuel aluminum honeycomb demand over the forecast period. Titanium honeycomb aerospace floor panels market segment will foresee growth with better corrosion resistance and strength as compared to stainless steel and aluminum.

Aerospace floor panels market from commercial aircraft will account for over 84% of total revenue till 2024 with substantial growth in global aviation industry. Rising per capita and annual income has augmented air passenger traffic resulting an increase in domestic and international fleet size. Growth in aircraft production facilities in regions such as Europe and North America will fuel aerospace floor panels market by 2024.

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Aerospace floor panels market from Nomex honeycomb segment will register gains at over 2% during the forecast period with increase in airplane demand. Properties such as high stiffness, fire resistance, lightweight, better dielectric properties, thermal stability, superior strength and dielectric properties will enhance aircraft flooring market demand. Product availability in different thickness and cell size sufficing customer demand will further boost aerospace floor panels market.

OEM will register 2% growth with requirement of floor panel installation to confirm passenger safety and reduce aircraft weight. Industry players are undergoing strategic coalition with major aircraft manufacturers to increase market share.

North America aerospace floor panels market holds major share owing to presence of major aircraft manufacturers including Lockheed Martin, Falcon, Boeing, Airbus and Bombardier. Europe region will foresee significant growth with constant increase in air passengers. In 2018, Europe witnessed over 5% rise in passenger traffic as compared to 2017. Latin America market is at nascent stage and will register healthy growth with owing to low air fare to attract more customers.

Major aerospace floor panels market players include: Rockwell Collins, Advanced Custom Manufacturing, EFW, Euro Composites, Avcorp Corporation, Aim Altitude, Triumph Group, EnCore Group, Zodiac Aerospace, Nordam Group and Gill Corporation.

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Glimpse of Table of Content (ToC):  –

Chapter 4.  Aerospace Floor Panels Industry, By Aircraft

4.1. Global market share by aircraft, 2017 & 2024

4.1.1.  Commercial aircraft

4.1.1.1.    Market estimates and forecast, 2013-2024

4.1.1.2.    Market estimates and forecast, by region, 2013-2024

4.1.2.  Regional jet

4.1.2.1.    Market estimates and forecast, 2013-2024

4.1.2.2.    Market estimates and forecast, by region, 2013-2024

4.1.3.  Business jet

4.1.3.1.    Market estimates and forecast, 2013-2024

4.1.3.2.    Market estimates and forecast, by region, 2013-2024

4.1.4. Helicopter

4.1.4.1.    Market estimates and forecast, 2013-2024

4.1.4.2.    Market estimates and forecast, by region, 2013-2024

Chapter 5.  Aerospace Floor Panels Industry, By Raw Material

5.1. Global aerospace floor panels industry share by raw material, 2017 & 2024

5.2. Nomex honeycomb

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2.  Market estimates and forecast, by region, 2013–2024

5.3. Aluminum honeycomb

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2.  Market estimates and forecast, by region, 2013–2024

5.4. Others

5.4.1. Market estimates and forecast, 2013 – 2024

5.4.2.  Market estimates and forecast, by region, 2013–2024

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