Aircraft Window Frame Market Size
Aircraft Window Frame Market size was over USD 135 million in 2018 and is anticipated to grow at about 4% CAGR during the forecast period of 2019 to 2025.
To obtain key market trends
Growing aircraft manufacturing due to growing air travel combined with enhancing disposal income per capita are propelling the aircraft window frame market share throughout the forecast period. Enhancing tourism combined with growing demand from low-cost carriers are anticipated to substantially enhance industry demand. Enhancement in manufacturing technology combined with adoption of lightweight materials for reducing overall aircraft weight are giving a promising outlook for industry growth.
Aircraft Window Frame Market Report Attributes
Report Attribute Details
Base Year 2018
Aircraft Window Frame Market Size in 2018 135 Million (USD)
Forecast Period 2019 to 2025
Forecast Period 2019 to 2025 CAGR 4%
2025 Value Projection 180 Million (USD)
Historical Data for 2014 to 2018
No. of Pages 250
Tables, Charts & Figures 400
Segments covered Aircraft, Product and Region
What are the growth opportunities in this market?
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Government agencies throughout the world are intent on encouraging local aircraft manufacturing for economic development as well as growth of the entire aviation sector. In addition, various government agencies throughout the world are also providing tax benefits and relief to aircraft companies to upgrade their manufacturing plants and enhance aircraft production volume. For example, in January 2019, the Indian government announced the plan to create a blueprint with the aim of motivating and promoting indigenous manufacturing of aircrafts and their components by providing financing support to industry participants.
Technological developments in manufacturing technologies, such as the emergence of additive manufacturing in aerospace industry are offering a favorable forecast for the market share growth. The advantages of the technology such as rapid prototyping, less manufacturing time, and minimized wastage of materials are further growing the market size. For example, in 2017, GKN Aerospace declared the release of its 3D printed parts for Boeing 737 aircrafts.
Industry players are constantly investing in R&D for the development of sophisticated manufacturing technologies for window frames. For example, Nordam and Hexcel Corp. are providing composite aircraft window frames, which are produced using the advanced HexMC technology. This contribute extensively towards enhancing the corrosion resistance of the frame, longevity, and reduces maintenance greatly.
Aircraft Window Frame Market Analysis
Find more about the dominant segments that define this market
Commercial aircrafts will hold the highest volume in the aircraft window frame market share during the forecast period. This is due to the increasing need for narrow and wide body aircrafts across the world. The increasing demand for low cost carriers and enhanced network routes with affordable fares are contributing to the segment share during the forecast period. Additionally, manufacturers are concentrating on production growth to satisfy the total increasing aircraft demand. For example, in January 2019, Boeing indicated its intention to step up the production of the 787 Dreamliner to about 14 planes a month.
Helicopters will represent a significant proportion in the market during the forecast period. This is due to the increased need for helicopters to be used in various applications such as tourism, emergency rescue, and specific combat missions, among others. In addition, the capability of the helicopters to execute a large scope of operations such as vertical take-off and landing, coupled with the capability of manoeuvring over spaces further enhances the segment share.
The cabin will have the largest market share during the study period. This is due to the growing emphasis of aircraft manufacturers to enhance passenger seating capacities for making maximum use of aircraft floor space. This leads to the inclusion of more window frames and seats in aircrafts to enhance operational efficiency. Growing need for double storeyed widebody aircraft with two floor passenger seating continues to highlight the demand of the market during the study period.
Cockpit will register a substantial growth rate within the aircraft window frame market share during the forecast period. This is due to the need for extremely strong and durable window frames that can absorb increased temperatures and altitudes. In addition, the development in cockpit windows in combination with polarizing ability to provide pilots with better visibility amidst varied climatic conditions further contributes to the expansion of the segment size during the recommended period.
Know more about the most prominent segments defining this market
Europe aircraft window frame market will hold significant share due to rising demand for low cost carriers in the region. Presence of low fare rates coupled with travel route expansion also increases the regional share during the study period. Increasing prevalence of business jets are also further widening the regional share. The availability of innovative private jet ownership schemes such as the fractional jet ownership and the presence of jet charter services are having a positive impact on the regional demand.
North America will hold a major market size share. This is due to the presence of various aircraft manufacturers in the region such as Boeing, Airbus, and Lockheed Martin, among others that are targeting wide ranges of aircrafts catering to various customers. Furthermore, increasing aircraft deliveries and production are contributing significantly towards increasing the regional share during the forecast period. For example, in 2019, Boeing reported that total aircraft deliveries for 2018 represented 806 aircrafts. Additionally, the company also reported the increase in its order book representing approximately 893 net orders.
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Aircraft Window Frame Market Share
Few of the prominent players in the aircraft window frame market share include
- SIFCO Industries
- LMI Aerospace
- Nordam Group
- PPG Industries Inc
- ACE Advanced Composite Engineering GmbH
- GKN Aerospace
Joint ventures and partnerships are among the key strategies adopted by industry participants to increase their market share. For instance, in June 2013, Nordam Group in association with Boeing announced the manufacturing of 20,000 composite window frames for the 787 Dreamliner.
Industry Background
Imagine your airplane window as a sturdy fortress, protecting you from the wild swings of altitude and weather outside. These frames are built to withstand the extreme conditions that aircraft face, thanks to their incredible strength and rigidity. The aviation industry is booming, with major players like Boeing and Airbus churning out aircraft left and right. This surge in demand is giving a major boost to the aircraft window frame market. But there’s more to it than just keeping out the elements. Airlines are increasingly looking for larger windows and lightweight designs to improve fuel efficiency and reduce emissions. It’s all part of their plan to win over more customers. And let’s not forget the growing popularity of budget airlines and regional flights. People are flying more than ever, creating a huge demand for planes with plenty of windows and affordable fares. All of these factors are fueling the rapid growth of the aircraft window frame industry.
