Category: Aerospace and Defence

Space Frame Market size exceeded USD 554 million in 2019 and will grow at a CAGR of 10.6% from 2020 to 2026

Post author By Brad Mak
Post date March 13, 2025

Space Frame Market Size
Space Frame Market size was over USD 554 million in the year 2019 and will progress at a CAGR of 10.6% throughout the forecast period of 2020 to 2026.

Growing demand for new structures and the increasing innovation in construction methods has led to the widespread use of space frames in different commercial & industrial structures.

The developing construction sector is expected to highly support the market growth. As per Oxford Economics, the world construction sector will touch a worth of more than USD 15.5 trillion by 2030 with great contributions from India, the U.S., and China. Increased investments for the construction of commercial buildings primarily in the developing economies will increase the market revenue.

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The invasion of new & better industrial forms in addition to the growing demand for light materials is expected to further increase the space frame industry growth. Space frames are becoming very popular all over the world and have been commonly observed in exhibition pavilions, sports complexes, transport terminals, assembly halls, warehouses, airplane hangars, and workshops. These structures are not only applied on roofs but also utilized in exterior walls, floors, and canopies. In addition to this, these structures also support different concerts, sports events, and mass gatherings with the benefit of extension and contraction based on gathering capacity, which are the key benefits of space frames on concrete roofing systems.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/227/Space-Frame-Market

Space Frame Market Report Attributes
Report Attribute Details
Base Year 2019
Space Frame Market Size in 2019 554.6 Million (USD)
Forecast Period2020 to 2026
Forecast Period 2020 to 2026 CAGR10.6%
2026 Value Projection609.9 Million (USD)
Historical Data for2016 to 2019
No. of Pages250
Tables, Charts & Figures182
Segments coveredMaterials, Structure, Tubes, Applications
Growth Drivers
Increased usage of lightweight structures
Increased popularity of live concerts
Improved load capacity and reduces construction time & cost
Pitfalls & Challenges
Difficult to engineer
What are the growth opportunities in this market?

Space frame construction entails numerous engineering challenges, a chief drawback to the market expansion. These structures need sophisticated engineering methods that pose a chief disparity in their uptake level. Developed countries like the U.S and Germany have been predominantly embracing the product in recent years, while in their slow uptake, it is primarily observed in the developing world.

Due to the pandemic, the construction industry worldwide has experienced a significant setback, thus serving as a significant restraint to the market of space frames. Due to the imposition of lockdowns in most countries, different music concerts, festivals, etc., have been postponed; thus, the market can witness a significant revenue setback in 2020. Nevertheless, the market is likely to resume its normal pace by the end of 2022.

Space Frame Market Analysis
The size of the steel space frame market is expected to record a good growth rate of over 10.5% during 2026. Steel material accounted for approximately 50% market revenue share in 2019. It offers several structural benefits compared to other materials in terms of enduring, rigidity, and strength; thus, is a perfect material of choice in several commercial buildings. Volatility in steel prices is a key concern among leading steel space frame manufacturers.

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Double layer grid type is likely to show maximum revenue growth over 2020-2026. In the double layer grid, elements are arranged in various layers parallel to each other at a constant distance. Double layer grids find extensive applications in the industrial & commercial industries, primarily in warehouses, hangers, travel terminals, and others. The upgrading of commercial buildings coupled with the growing penetration of products in airports will fuel the demand for double layer grid space frames.

The circular hollow section will lead the tube type segment in 2026 with approximately 70% market share. Circular hollow sections or steel tubes are extensively used across several industrial domains due to their superior design and performance features than rectangular hollow sections.

Application of dome roofs occupied the biggest space frame market share during 2019 and is anticipated to register a growth rate of 11% by 2026. Space frames in the form of dome roofs have maximum structural stability and are very much eye-captivating. This form of roofing is most popularly applied across commercial events where visual appearance counts the most.

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North America space frame market was valued at more than USD 160 million in 2019. Availability of sophisticated construction technologies and increasing investment in commercial infrastructure are some of the key drivers pushing the regional market revenue. Availability of massive public amenities, i.e., malls and concert venues, along with increased numbers of warehouses will improve the market growth trends. Furthermore, increasing airport development and revamping activities on an investment level will also positively add to overall market figures.

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Space Frame Market Share

Major players involved in the industry are

DSI Spaceframes
HINDUSTAN ALCOX LIMITED
Octamec
CST Industries, Inc
Xuzhou LF Engineering & Construction Co
Triocon Space Frame Technologies Pvt, Ltd
Delta Structures, Inc
USKON Space Frame System Construction Industry and Commerce Co. Inc
Pillow Space Frame Ltd
Gossamer Space Frames, LLC
Lindner Group
HHSS GROUP
Core Metallic Ind. L.L.C
Prisma Metal Industry L.L.C
MERO-TSK International GmbH & Co., KG
Zhejiang Southeast Space Frame Co., Ltd
Jiangsu Andy Steel Structure Co., Ltd

This market research report on space frame includes in-depth coverage of the industry with estimates & forecast in terms of volume in square foot and revenue in USD million from 2016 to 2026, for the following segments

Tags Space Frame Market

Vehicle Armor Market size valued at USD 6.7 billion in 2019 and will grow at a CAGR of 4.5% between 2020 and 2026

Post author By Brad Mak
Post date March 13, 2025

Vehicle Armor Market Size
Vehicle Armor Market size was worth USD 6.7 billion in 2019 and will increase at a CAGR of 4.5% during the forecast period from 2020 to 2026.

increasing government expenditure on the defense industry to enhance armament strength will drive industry growth.

Increased military budgets will drive the rate of procurement of armored vehicles over the coming years. The world military spending grew more than 7% between 2010 and 2019. Rising conflicts and politically unstable conditions will alter the nature of combat operations. International terrorism is also a significant threat to most nations, which forces them to upgrade their weapons. Moreover, the rising issues related to small ballistic weapons will create the demand for effective vehicle armor by land weapon industries.

Political instability in the Middle East will further fuel vehicle armor market demand. The Syrian civil war, volatile situations in Yemen, and growing terrorism activities are compelling nations in this region to enhance their defense capabilities. The acquisition of armored vehicles will follow an upward growth pattern supported by favorable economic conditions and massive investments. This will assist the nations in consolidating the land arms industry to modernize stockpiles and enhance military strength.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/226/Vehicle-Armor-Market

Vehicle Armor Market Report Attributes
Report Attribute Details
Base Year 2019
Vehicle Armor Market Size in 2019 6.7 Billion (USD)
Forecast Period 2020 to 2026
Forecast Period 2020 to 2026 CAGR 4.5%
2026 Value Projection 9.1 Billion (USD)
Historical Data for 2016 to 2019
No. of Pages 130
Tables, Charts & Figures 144
Segments covered Material, Vehicle and Application
Growth Drivers
Increasing military spending worldwide
Positive trends related to armored vehicle procurement
Technological advancements related to the production of armored vehicles
Pitfalls & Challenges
Challenges related to untapped markets

The arrival of technology will likely create numerous opportunities for the development of vehicle armors up to 2026. The incorporation of artificial intelligence, virtual training, sensor systems, active protection systems, and survivability equipment will help enhance the performance of armor systems, thus ensuring greater protection for soldiers.

In addition, firms are investing heavily in research & development processes in order to create lighter and effective materials for the construction of vehicle armor. This will facilitate the weight reduction of the vehicles and improve their mobility during battle.

Automotive armor industry can be challenged by the constraints encountered by the auto armor manufacturers when venturing into new and emerging markets. The manufacturers can fail to obtain hold of the market in a short time due to high government regulations, failure to build relationship with suppliers, and limited budgets. These trends can have a negative impact on the growth of the market.

Vehicle Armor Market Analysis
Metals material segment accounted for approximately 75% vehicle armor market share in 2019 and will retain dominance in the market through 2020-2026 underpinned by their versatility. Metals have always been the traditional go-to armored vehicle material of choice. The most common metal used in producing armor is steel, with some applications using aluminum, magnesium, and titanium as well.

The two most common forms of steel armor are Rolled homogeneous armor (RHA) and cast homogeneous armor (CHA). Steel has good toughness, hardness, and fatigue resistance. It is easily cut, machined, welded & formed, and is easily field repairable.

The market for armored fighting vehicles is expected to experience over 4.5% CAGR during 2026 driven by increased acquisition of armored personnel carriers (APC) and mine-resistant ambush protected (MRAP) vehicles. The robust growth of this segment is due to the growing need for flexible, lighter, and agile vehicles that can offer strategic advantage on battlefields.

Advances related to ballistic protection, blast protection, and counter-IED will reshape the armored fighting vehicles industry in the next few years. Advances in technology regarding active protection systems, modular ballistic armor systems, information integration, and active mine protection systems will drive vehicle armor market growth.

Find out more about the prominent segments determining this marketThis civilian use is expected to rise above 5% CAGR during the period of 2020-2026. The armored vehicles are predominantly utilized by government leaders, diplomats, police officers, etc., for security purposes. These days, there is a surge in demand for armored cars among high net worth individuals, corporate moguls, and celebrities for security purposes. The armor reinforcement from bulletproof glass to run-flat tires is being used within vehicles to protect passengers from all types of attacks.

Discover more about the most important segments driving this market

Asia Pacific accounted for approximately 30% of vehicle armor market share in 2019 due to the increase in border conflicts alongside strengthening military capacities of other nations. Japan’s Ministry of Defense awarded a contract to BAE Systems for 30 new attack amphibious vehicles recently. In March 2017, the Royal Thai army purchased armed vehicles from China. In the same year, the Indonesian army acquired five new armored personnel carriers from a Ukrainian company.

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Vehicle Armor Market Share

The key vehicle armor industry participants are focusing on product differentiation & development by investing in research & development activities to improve the product capabilities. The manufacturers include

Kaiser Aluminum
CoorsTek
Composhield A/S
DuPont
Armormax
ATEK Defense Systems
Garanti Kompozit
Permali
ASL GRP
DEW Engineering and Development ULC
SSAB
MTL Advanced Ltd.
Multotec Group
Plasan Sasa Ltd.
AMEFO
MKU Limited
Tenate Advanced Armor.

Tags Vehicle Armor Market

Aerospace and Defence News

Afterburner Market size exceeded USD 110.36 million in 2019 and is estimated to exhibit over 8% CAGR from 2020 to 2026

Post author By Brad Mak
Post date March 13, 2025

Afterburner Market Size
Afterburner Market size was over USD 110.36 million in 2019 and is anticipated to see more than 8% CAGR from 2020-2026.

Growing fighter aircraft backlog & production and increasing number of the old generation fighter aircraft fleet in different countries across the world is likely to propel industry growth.

The afterburner has emerged as a widely used option in the aviation sector due to multiple reasons. First, it enables planes to launch from shorter runways, which is perfect for military tactical operations in cramped environments such as aircraft carriers. Second, it offers the additional boost necessary for catapulting planes out of aircraft carriers, which allows them to achieve higher speeds sooner. Third, it’s critical for air-to-air combat, providing fighter planes with the speed and maneuverability necessary to outmaneuver and destroy the enemy planes. As the international demand for new fighters grows, so does the demand for sophisticated afterburners. Older jets are being replaced by fourth- and fifth-generation fighter aircraft, several of which are equipped with fifth-generation fighter technology that incorporates stealth, speed, and maneuverability. These sophisticated fighter aircraft are all implanted with advanced sensors and network technology, enabling them to communicate and cooperate with each other. Consequently, air superiority aircraft are gaining popularity in China, North America, and Europe, increasing the demand for afterburners further.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/225/Afterburner-Market

Many countries are targeting the production of their own 5th or 6th generation fighter planes since importing would be at a high cost and would make the country rely on the exporting country for software updates, maintenance, and spares. For example, Germany and France are going to introduce a fighter jet by the end of 2025. Intense competition among market players has influenced the price trend of the product. Industry players are focusing on adding value to the product like less fuel consumption, less weight, less size, and better efficiency.

Afterburner Market Report Attributes
Report Attribute Details
Base Year 2019
Afterburner Market Size in 2019 USD 110.36 Million
Forecast Period 2020 to 2026
Forecast Period 2020 to 2026 CAGR 8.1%
2026 Value Projection USD 126.36 Million
Historical Data for 2016 to 2019
No. of Pages 180
Tables, Charts & Figures 115
Segments covered Engine Type, Plane Type and Region
Growth Drivers
Growing emphasis on light-weighting and fuel efficiency products
Fighter aircraft back-log growth
Growing aging aircraft fleet globally
Growing investment in Next-Generation military aircrafts
Pitfalls & Challenges
Exorbitant cost of Afterburner System

Afterburner Market Analysis
The air superiority fighter market had an estimated USD 35 million in 2019 due to growing demand for fighter aircraft in recent years to maintain air dominance. The air superiority fighter features advanced stealth materials or coating, information fusion technology, and sensors. The air superiority fighter offers situational awareness, higher survivability, pilot effectiveness, and improved readiness at lower support costs. Additionally, the growing production of indigenous 5th generation aircraft by nations will create a higher demand for afterburners.

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The turbofans engine type accounted for approximately 95% of the afterburner market share. The nations are enhancing military power to secure border safety. Switzerland is likely to buy up to 40 fighter aircraft and Finland is planning to buy new fighter aircraft as a replacement for its aging F-18 fleet. The ongoing covid-19 has substantially obstructed the fighter aircraft production in 2020, and with the enforced lockdown, the production and supply of parts have come to a halt, globally.

The aerospace and defense sector registered significant growth in 2019; for example, in 2019, Lockheed Martin Corporation manufactured almost 134 F-35s fighter jets, with a 47% increment from 2018 and almost double the production rate of 2016, which are expected to fuel the turbofans engine and afterburner market.

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North America afterburner market dominated by the U.S. is expected to register over 11% CAGR during 2026. The U.S. alone manufactured over 160 fighter aircraft in 2019 and the U.S. accounted for approximately one-third of the world’s fighter aircraft production. Also, the U.S. has seen massive orders of its new 5th generation fighter aircraft even during covid-19. In 2020, Poland defense minister Mariusz Blaszczak inked a deal with the American government to purchase 32 F-35 fighter jets, to be delivered by 2024.

The growing covid-19 cases have tremendously affected the fighter plane manufacturing and the lag in delivering engine components since American aircraft makers are significantly reliant on Mexico for fuel system or sensor-based products, building backlog for producers.

The market for afterburners is very concentrated with four major market players holding majority control of the market. These firms are engaged in collaboration with fighter jet manufacturers or the local government to have a competitive edge over rest of manufacturers. For example, in June 2019, Pratt & Whitney received a contract worth USD 3.2 billion to deliver 233 fighter jets’ engines with afterburner for F-35 fighter aircraft to the U.S. and its allies.

As the demand for 5th generation fighter planes is growing, most of the manufacturers are cooperating with 5th generation plane manufacturers to make their products available in the future. For example, MTU Aero Engines AG has been in touch with Germany and France to create Next European Fighter Engine (NEFE) to replace multinational Eurofighter engine and Rafale.

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Afterburner Market Share

Some of the key manufacturers are

Rolls-Royce plc
GE AVIATION
Pratt & Whitney
Honeywell Aerospace
Aviadvigatel
SE Ivchenko-Progress
Safran
Eurojet
JSC “Klimov” — United engine corporation
MTU Aero Engines AG

Some of the significant strategies implemented by these manufacturers are collaboration with aircraft manufacturers, acquisition, new product development, and production capacity expansion.

Tags Afterburner Market

Aerospace and Defence News

Aircraft Lightning Protection Market size valued at USD 3.09 billion in 2019 and will grow at a CAGR of 3.1% from 2020 to 2026

Post author By Brad Mak
Post date March 13, 2025

Aircraft Lightning Protection Market Size
Aircraft Lightning Protection Market size was worth USD 3.09 billion in 2019 and will grow at a CAGR of 3.1% during the forecast period of 2020 to 2026.

Positive trends related to the tourism industry will drive the industry growth.
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Growing aircraft production due to increased air passenger traffic and need to replace old aircraft fleets will drive the market growth. JetBlue placed an order in January 2019 to buy 120 aircraft from Bombardier, Inc. As per the International Air Transport Association (IATA), the air passengers will be approximately eight billion by 2036, which is approximately twice of the projected four billion air passengers in 2018. These above-mentioned trends will boost airplane manufacturing, thus initiating the product sales in the future.

Increased R&D efforts to suggest new theories and the creation of new polymers will drive market penetration in the next few years. Strict safety regulations by various regulatory agencies for the incorporation of protective materials into aircraft structures and fuel efficiency will enhance industry value. Regulatory agencies such as the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) are regularly evolving aircraft lightning protection regulations.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/224/Aircraft-Lightning-Protection-Market

Aircraft Lightning Protection Market Report Attributes
Report Attribute Details
Base Year 2019
Aircraft Lightning Protection Market Size in 2019 3,099.2 Million (USD)
Forecast Period 2020 to 2026
Forecast Period 2020 to 2026 CAGR 3.1%
2026 Value Projection 3,338.9 Million (USD)
Historical Data for 2016 to 2019
No. of Pages 275
Tables, Charts & Figures 387
Segments covered Product, End-user, Aircraft, Fit, Region
Growth Drivers:
Rising aircraft production and R&D for lightning protection
Rising demand for low cost carriers and cost-effective solutions development
Rising air passenger traffic and defense aircrafts
Growing demand for single aisle aircraft fleet in conjunction with infrastructure growth
Growing number of business jets in addition to increasing tourism industry
Pitfalls & Challenges
Aircraft manufacturing setup cost is high due to lightning protection
What are the opportunities for growth in this market?

The arrival of new aircraft manufacturers with lightning protection materials, including carbon laminate composite and fiberglass, has played a major role towards aircraft manufacturing facility setup cost. Lightning protection testing includes using high current and voltage generation. The tests are conducted in electrical testing laboratories by trained operators. The limited facilities coupled with expertise requirement are some of the few factors that will continue to have a negative impact on the industry growth.

Aircraft Lightning Protection Market Analysis
Transient voltage suppressors segment of the aircraft lightning protection market held over USD 2.5 billion in 2019. An active aircraft protection system is in growing demand to react to brief or transient overvoltage situations. Transient voltage suppressor diodes provide essential protection in a matter of nanoseconds after a strike by clamping the transient voltage. These systems safeguard key flight applications with respect to multiple engine control units, flight control systems, and actuator controls. In addition, strict regulation mandating the compulsory replacement of parts after a conclusive flight cycle in order to ensure airworthiness will further enhance product growth.

The market for lightning protection systems for passenger aircraft is anticipated to increase by around 3% annually until 2026. This is owing to big airlines such as Boeing and Airbus incorporating more lightning protection systems in their aircraft. Lightning strikes have a lot of power that can hurt an airplane’s body, which may result in costly repairs. Also, airlines are more interested in the safety of their passengers, and this is compelling them to install the newest safety features on their aircraft. Large plane manufacturers such as Boeing and Airbus are also testing their own lightning defense systems to ensure that they are effective. They also employ metal plates and wire mesh for covering and protecting the composite components of their aircraft from lightning strikes.

Find more about the major segments defining this market

In 2019, the business jets segment had over 20% of the aircraft lightning protection market share due to the growth in inter-continental business operations. Expansion of businesses geographically has resulted in an increase in traveling across regions, thus driving the industry size in the near future. Utilization of composite materials in business jets to protect against current flow during lightning will also increase the growth of the segment.

The line-fit segment captures more than 90% of the revenue share driven by installation of conductive materials to protect airplane structure against lightning strikes. Manufacturers of aircraft are developing systems and components such as expanded metals that are resistant to & can dissipate electrical discharge of strikes and offer instantaneous weight savings on lightning protection components. Players in the market are spending on R&D to improve electrical conductivity. OEMs are producing goods, including transient voltage suppressors, static wicks, and expanded metal foils, to provide a solution beyond the deficits of composite materials, hence ensuring a positive growth in the market value.

Read more about the major segments influencing this market

North America aircraft lightning protection market is poised to expand at more than 3% CAGR through 2026 impelled by the presence of key aircraft manufacturers in North America offering a wide range of aircraft. Rising aircraft production to cater to the ever-growing consumer demand is further leveraging industry growth over the forecast period. Advancements in technologies of aircraft production such as enhanced use of composite materials and reduction of the overall weight of the system are forcing periodic updates on strict lightning safety guidelines.

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Aircraft Lightning Protection Market Share

Some of the prominent companies operating in the aircraft lightning protection market are

Honeywell International, Inc.
Saab
Cobham
Dayton-Granger, Inc.
TE Connectivity
Astrosela Products
Dexmet Corporation
L3 Aviation Products
Avidyne
All Weather, Inc.
Saywell
Protek Devices

These manufacturers are forming alliances, investing in research & development activities, and expanding product portfolio to gain an advantage over their competitors.

Tags Aircraft Lightning Protection Market

Aerospace and Defence News

Aerospace Landing Gear Market size exceeded USD 18.6 billion in 2019 and is estimated to exhibit 4.9% CAGR from 2020 to 2026

Post author By Brad Mak
Post date March 12, 2025

Aerospace Landing Gear Market Size
Aerospace Landing Gear Market size crossed USD 18.6 billion in 2019 and is predicted to showcase 4.9% CAGR during the forecast period of 2020 to 2026.

Upward trends of private ownership companies with positive investments will also strengthen the industry demand. Expansion of commercial aircraft due to growing air passenger traffic is the primary characteristic driving the market.

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Rising purchasing power of the consumer coupled with preference for air transport owing to enhanced safety will drive demand for new airplanes and aerospace landing gears. Airplane makers are always focused on lowering flight rates further attracting passengers who use air transport as their preferred means. Low prices of commodities, stable growth of GDP, and robust passenger demand are the drivers that affect penetration of the product. Increased affordability among the middle class for air travel with low fares along with increased growth in the tourism industry will further drive the industry growth and increase demand for the market.

Increased defense budget with demand for fifth-generation military aircraft will also contribute positively to the market growth. Replacement of in-service aircraft with fifth-generation aircraft is a major trend in the aviation sector. Rising defense budgets driven by the need for R&D and advanced military aircraft will drive the industry value. The U.S. defense budget represented more than USD 616.2 billion in 2019. Moreover, higher demand for military aircraft, especially from the UAE, Saudi Arabia, South Korea, China, and India, with the acquisition of advanced equipment will boost the market revenue.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/223/Aerospace-Landing-Gear-Market

Aerospace Landing Gear Market Report Attributes
Report Attribute Details
Base Year 2019
Aerospace Landing Gear Market Size in 2019 18,607.9 Million (USD)
Forecast Period 2020 to 2026
Forecast Period 2020 to 2026 CAGR 4.9%
2026 Value Projection 19,522.8 Million (USD)
Historical Data for 2016 to 2019
No. of Pages 300
Tables, Charts & Figures 354
Segments covered Position, Arrangement, Platform, Aircraft, Distribution Channel and Region
Growth Drivers
Strong aviation manufacturing sector
Rising air passenger traffic
MRO industry strengthening
Infrastructure growth
Growing cargo traffic and tourism expansion
Pitfalls & Challenges
Design and development complexity
High MRO costs
What are the growth opportunities in this market?

Aerospace Landing Gear Market Analysis
The commercial aviation segment aerospace landing gear market worth USD 15 billion in 2019 driven by the huge production of these aircraft globally. The aerospace industry is facing growing demand for aircraft such as B737, A350XWB, B787, and A320. Increased disposable income is leading to changing preference for air travel. The increasing air passenger traffic in emerging markets will also help increase revenue generation. Furthermore, the effects of COVID-19 on air traffic growth have been tremendous in 2020.

Explore more about the segments driving this market

In 2019, those organizations that produced landing gears for aircraft on their own dominated the market and had approximately 60% of the sales. This is because large airplane companies are producing more and more planes, which in turn is increasing the landing gear business. More individuals are flying, which is increasing the business even further. This is because of cheaper ticket prices and individuals having more disposable income. Companies that provide parts to the airplane industry are becoming more efficient at getting those parts to the airplane companies. They’re also getting ways to purchase those components at cheaper prices. Landing gear companies are making long-term contracts with airplane manufacturers to ensure they have the components they require to produce airplanes. This reduces the number of delayed airplanes that are waiting for components. Lastly, numerous nations are purchasing new combat airplanes to replace their aging fleet. This is generating even greater demand for landing gear.

Hello! With air travel taking off, we require shiny new airports and posh infrastructure, don’t we? Well, that translates to big money invested in constructing these high-tech hubs. As per the people at ICAO, we’ve got a plethora of new airports in the works. In 2019 alone, more than 420 new airports were under construction or development. Asia Pacific is at the forefront with roughly 220 projects, and Europe has approximately 58. And listen to thisChina plans to construct an incredible 200 airports by the year 2035! All of these shiny new airports will require world-class facilities to keep their planes in the air. So, that is where plane-fixing and plane-maintenance companies known as MROs come in. They’ll be busy keeping the landing gears in good condition at all these new airports.

Discover more about the major segments influencing this market

The United States leads the aerospace landing gear market in North America. This industry is forecast to grow at over 4.5% per annum until 2026. In 2019, the U.S. manufactured over 160 fighter aircraft, gaining over 40% of the world market share. Notwithstanding the effects of the COVID-19 pandemic, top American airplane manufacturers like Boeing and Lockheed Martin have continued to receive massive orders. For example, in 2020, Boeing signed a contract with the U.S. Navy to deliver three MQ-25 autonomous aerial refueling aircraft. The necessity to keep military superiority and deter threats from other nations is fueling the demand for aircraft.

Aerospace Landing Gear Market Share
Due to the growing need for fifth-generation fighter jets, most manufacturers are teaming up with fifth-generation aircraft manufacturers to make their products available in the future. The industry is extremely competitive with the presence of several small & large industry players across the globe. Industry giants are busy forming alliances with aircraft manufacturers or aircraft service providers in order to enhance their industry position relative to other firms.

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Some of the key companies operational in the aerospace landing gear market are

Heroux-Devtek, Inc
Safran landing Systems
SPP Canada Aircraft, Inc
Triumph Group
UTC Aerospace Systems
Magellan Aerospace
Liebherr Group
Hawker Pacific Aerospace
GKN Aerospace
Eaton Corporation

Major industry participants are focusing on improving their presence in the aftermarket and MRO services markets.

Tags Aerospace Landing Gear Market

Aerospace and Defence News

Air Cargo Container Market size valued at USD 1.48 billion in 2020 and will grow at a CAGR of 3.8% from 2021 to 2027

Post author By Brad Mak
Post date March 12, 2025

Air Cargo Container Market Size
Air Cargo Container Market size was valued at USD 1.48 billion in 2020 and will grow at a CAGR of 3.8% during the period from 2021 to 2027.

Increased export of drugs and pharmaceutical products globally is expected to boost industry demand.

The growth of the e-commerce sector has placed numerous sales channels under pressure for quick delivery and better supply chain. Many third-party logistics players are providing more multi-faceted services comprising air cargo service as an essential means of goods transportation. Generally, the goods carried by air are perishables and high-value items like foods & beverages, pharmaceuticals, biological products, computers, and consumer electronics, which are also the most rapidly developing trade flows between different countries. Increasing overall cross-border trade is expected to stimulate demand for the air cargo market.

To obtain major market trends

Air cargo containers or Unit Load Devices (ULD) are rigid containers that are utilized to hold luggage, freight or other cargo. It comprises refrigerated as well as non-refrigerated containers that can collect huge amount of cargo as a single unit. The size and shape of containers differ according to consumer demands as well as the nature of the cargo. These containers must be compatible with cargo handling systems and are made to fit into the aircraft equipment.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/222/Air-Cargo-Container-Market

Air Cargo Container Market Report Attributes
Report Attribute Details
Base Year 2020
Air Cargo Container Market Size in 2020 USD 1.48 Billion
Forecast Period 2021 to 2027
Forecast Period 2021 to 2027 CAGR 3.8%
2027 Value Projection USD 1.91 Billion
Historical Data for 2017 to 2020
No. of Pages 170
Tables, Charts & Figures 266
Segments covered Aircraft, Container Type, Material, Civil Aircraft by Deck, End-user and Region
Growth Drivers:
Increasing pharmaceuticals and biological exports
Increased demand from E-commerce industry
Increased use of lightweight air cargo containers globally
Boom in worldwide aircraft fleet and growth in air cargo terminals globally
Dangers & Hindrances
Shelving huge maintenance expenses
Negative effect of COVID-19 pandemic

Increase in air cargo terminals in growing economies will aid product development
Trending shift & upgrade of current airport to cargo terminals globally due to burgeoning air cargo volume will propel air cargo container market development. Nairobi also built on-airport cold storage facilities in the past that has been operated and serviced by Kenya Airways’ ground handling subsidiary. This is more effective for handling and scanning food cargo, which is generally of low shelf-life. Such trends will be expected to fuel the demand for ULD containers internationally.

Air Cargo Container Market Analysis
Air cargo container market from freighter aircraft accounted for approximately USD 700 million in 2020 driven by its widespread application in carrying air cargo. The growing inclination towards online shopping and the availability of a high number of manufacturing units of electronic items & other business goods in nations, including Vietnam, Thailand, China, Japan, Taiwan, and India, are driving the air cargo market. Airlines such as SpiceJet, Garuda Indonesia, and ANA Cargo will most likely use more freighter aircraft, propelling demand up to 2027.

Human-friendly Rewrite The refrigerated container market will increase steadily at a rate of more than 4.2% annually up to 2027. In the case of cargo, nothing is as sensitive, strictly regulated, and specialized as medicines. Pharmaceuticals and biological substances requiring temperature control must be stored in special refrigerated containers that preserve them at exactly the correct temperature. These can be as much as 2°C to 8°C for some medications or even lower than 0°C. As per the International Air Transport Association (IATA), airlines earned more than $1.4 billion in revenue from pharmaceutical products in 2018. The figure is anticipated to continue rising since airlines can transport these sensitive products safely and efficiently, without compromising their quality.

Metal material is anticipated to hold over 80% of the air cargo container market share by 2027. ULD containers are typically made from aluminum or steel depending on the need. Aluminum is typically preferred because it is lightweight and does not corrode. Air cargo container consists of aluminum extrusions, comparatively thick base sheet, and aluminum side and roof panels.

In 2020, the majority of the market share was held by the main deck segment. The major part of the cargo is usually transported on the main deck, also referred to as upper deck of an aircraft. The cargo freighter airplane has its whole main deck fitted for upper deck type of containers whereas Combi aircraft uses its rear section of the main deck for cargo loading.

Find out more about the important segments driving this market

The emerging sales segment is predicted to record approximately 4% CAGR up to 2027. China’s commercial aircraft fleet grew sevenfold and represented over 25% of all aviation growth worldwide in the past decade. China’s carriers are likely to purchase approximately 8,600 new aircraft, which will be worth USD 1.4 trillion accompanied by services worth over USD 1.7 trillion during the next 20 years. Trends like these will stimulate new air cargo container sales in the airline industry between 2021 to 2027.

Europe air cargo container market size will grow at 3.5% CAGR from 2021 to 2027. Some of the factors that are anticipated to influence the market growth in European nations include expansion of the e-commerce industry and enhanced emphasis on use of temperature-sensitive products. Also, the expansion of the consumer electronics sector is driving air cargo market growth until 2027. The increase in demand for certified containers in this region will have a positive effect on the market growth rate. European Aviation Safety Agency (EASA) is an authority that issues guidelines for air cargo transport for ensuring airworthiness of the product.

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Air Cargo Container Market Share

Various industry players in the air cargo container market include

Nordisk Aviation
Granger Plastics
Envirotainer
Safran Aerosystems
VRR Aviation
ACL Airshop
Unilode
CHEP
Jettainer

The market share is bifurcated among new equipment manufacturers and service providers. The new equipment industry is highly consolidated with the top industry participants accounting for a major stake in the global market in 2020. These companies are focused on developing new and efficient containers to meet the growing demand from air cargo industry.

This market research report on air cargo container includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2017 to 2027 for the following segments

Tags Air Cargo Container Market

Aerospace and Defence News

Helicopter Market size exceeded USD 29 billion in 2020 and is expected to grow at 4% CAGR between 2021 and 2027

Post author By Brad Mak
Post date March 12, 2025

Helicopter Market Size

Helicopter Market size surpassed USD 29 billion in 2020 and is predicted to develop at 4% CAGR during 2021-2027.

Increasing military expenditure around the world is fueling industry growth.

Helicopter is an aircraft which is equipped with horizontally rotating rotors that provide lift and thrust to it. This enable helicopter to take-off, land vertically, hover, to move forward, backward and sideways.

To obtain vital market trends

Increasing use of helicopters in commercial operations and military action combined with the aircraft’s potential to fly over the extreme terrain is driving market demand. Attributes, including cabin capacity, operating range, improvement in performance technology, and company experience, are largely driving adoption of new helicopters.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/221/Helicopter-Market

Helicopter Market Report Attributes
Report Attribute Details
Base Year 2020
Helicopter Market Size in 2020 29 Billion (USD)
Forecast Period 2021 to 2027
Forecast Period 2021 to 2027 CAGR 4%
2027 Value Projection 39 Billion (USD)
Historical Data for 2016 to 2020
No. of Pages 300
Tables, Charts & Figures 553
Segments covered End-Use, Component, Sales Channel
Growth Drivers
Emerging demand for helicopter fleet upgrade throughout the world
Increasing use of helicopters in Emergency Medical Services (EMS) applications in North America and Europe
Growing government programs to upgrade local manufacturing strength in Asia Pacific
Consistently rising defense industry expenditure in Asia Pacific and Latin America
Supportive government regulations for defense sector
Proliferation of helicopters in commercial aviation across MEA
Pitfalls & Challenges
High operational cost of helicopter
Limited short-range transportation
What are the growth opportunities in this market?

The growing need for helicopters to provide emergency medical services will give it growth prospects up to 2027. Helicopters can reach at high-altitude places more quickly than land vehicles. In some situations, helicopters are the mode of transport of choice to cover untourable places within a limited amount of time. Early medical care is provided to patients and their survival rate in critical cases increases manifold.

The reasons behind the industry’s slow growth are high R&D and operational costs of helicopters. The helicopters are in operation for a long period of time in the air, raising the total maintenance cost due to repeated wear and tear of essential parts such as tail rotor systems and engines. Moreover, end-users need to pay a heavy insurance price and tax while buying a new helicopter, which impacts the market representation of helicopters.

The aerospace & defense sector has been affected noticeably because of the current COVID-19 situations. The production units for different manufacturers have been closed down on the basis of enforcing stringent pandemic regulations. The helicopter industry around the world has been negatively affected during the spreading of the COVID-19 pandemic. Industry constraints, including the shortage of labor and raw materials, resulted in several challenges in creating new helicopters, resulting in an enormous gap between demand and supply. With the relaxations on lockdown measures by different governments, the market will see a drastic growth in 2021.

Helicopter Market Analysis
The commercial end-use segment is expected to experience an upward growth rate in 2021 to 2027 propelled by the expanding use of commercial helicopters in the tourism, offshore, and helicopter transportation services. In 2020, nearly 550 commercial helicopters were retailed in the U.S. The commercial helicopters will experience a growing demand from oil & gas and offshore applications spearheaded by the diversified utilization of these helicopters for inspection and maintenance of oil rigs offshore.

Find more about the dominant segments defining this market

The avionics segment in Europe represented approximately 20% of helicopter market share in 2020. The demand for the avionics segment is increasing due to the increasing market trend of technologically enhancing the current system. These systems enable to operate within accepted safety parameters and monitor and report performance metrics.

Major players in the helicopter sector are modernizing their systems with state-of-the-art avionics parts. For example, in March 2019, Honeywell launched a new communication technology Aspire 200 satellite communications system for Bell B429 helicopter.

The Europe OEM category dominated over 75% of the helicopter market share in 2020 fueled by the growth in adoption within commercial and military applications. Some of the top OEMs like Airbus Helicopters SAS, Bell Helicopter, Boeing, Mitsubishi Heavy Industries, Kawasaki Heavy Industries, and Leonardo S.p.A. are the key producers serving the dynamic demand.

Leading vendors primarily emphasize launching products to improve their product portfolio and meet evolving end-user demands. For example, in August 2020, Airbus Helicopters SAS launched a new Lakota helicopter fleet for the U.S. Army and National Guard. UH-72B Lakota was launched by the company. The adoption of helicopters by the military industry will drive the market revenue throughout the forecast period.

Find out more about the dominant segments driving this market

North America helicopter market worth approximately USD 10 billion in 2020 Driven by increasingly rising recreational activities across the region. Rising air sports activities like aerobatics, parachuting, and paragliding are creating high-growth opportunities.

The availability of several key players, including Bell Textron, Boeing, Lockheed Martin, MD Helicopters, and Robinson Helicopter Company, in the region is expected to increase the market share. These players are primarily engaged in establishing new long-term strategic alliances to new business opportunities and increase their revenues. For example, in December 2020, MD Helicopters, Inc. and the U.S. Army entered into a contract to supply logistics support for the MD 530F Cayuse Warrior reconnaissance and light attack helicopter fleet for Afghanistan Air Force. The contract value is USD 34 million, positively contributing to the speeding market revenues.

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Helicopter Market Share

Manufacturers in the helicopter industry are focused primarily on adopting strategies, such as product portfolio expansion and strategic partnerships, to enhance their market share. For instance, in December 2019, OCCAR (Organization for Joint Armament Co-operation) and Airbus Helicopters signed a tri-lateral global support contract to provide Tiger helicopters for the German, French, and Spanish Army. The contract includes critical matters such as continuous improvement & obsolescence treatment and secured repair & spares capabilities for the fleet.

The prominent players in the helicopter market include

Babcock International Group PLC
Airbus Helicopters SAS
Bell Helicopter
Robinson Helicopter Company
Kawasaki Heavy Industries
Mitsubishi Heavy Industries, Ltd.
Boeing
MD Helicopters
Universal Helicopters
Vietnam Helicopter Corporation
Lockheed Martin Corporation.

Tags Helicopter Market

Aerospace and Defence News

Aerostructures Market size exceeded USD 48.66 billion in 2020 and will grow at a CAGR of around 3.5% from 2021 to 2027

Post author By Brad Mak
Post date March 12, 2025

Aerostructures Market Size
Aerostructures market size was over USD 48.66 billion in 2020 and is expected to grow at a CAGR of approximately 3.5% during the forecast period of 2021 to 2027.

Favorable trends that pertain to the commercial aircraft sector will generate a number of opportunities for aerostructures.

Aerostructures are airframe parts utilized in the production of an aircraft. The aerostructure consists of parts like nacelles & pylons, doors, fuselage, empennage and wings. The components are manufactured from materials like aluminum, steel, titanium and composite. The market is growing mostly due to the growing demand for commercial & military aircraft worldwide. Air traveling is mostly preferred by passengers in comparison to other means of transportation because of higher comfort and travelling longer distances in a short period of time, thus driving the demand for commercial aircraft.

In order to obtain primary market trends

The requirement for airplanes from emerging nations like China, India, Vietnam, and Brazil is experiencing a growth trend due to the expansion of the middle-class population, growing disposable income, and strengthening domestic and foreign tourism. For example, in November 2020, Boeing estimated the requirement of new airplanes from China to be more than 8,500 over the next two decades, which would be valued at USD 1.4 trillion.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/220/Aerostructures-Market

Aerostructures Market Report Attributes
Report Attribute Details
Base Year 2020
Aerostructures Market Size in 2020\tUSD 48.67 Billion
Forecast Period\t2021 to 2027
Forecast Period 2021 to 2027 CAGR\t3.50%
2027 Value Projection\tUSD 59.37 Billion
Historical Data for\t2017 to 2020
No. of Pages\t210
Tables, Charts & Figures\t297
Segments covered\tComponent, Material, Aircraft, End-User and Region
Growth Drivers\t
Growing demand for air travel globally
Commercial aircraft production increase
Government measures to enhance regional connectivity
Pitfalls & Challenges\t
Negative effect of pandemic on aviation sector
What are the growth opportunities in this market?

Growing military spending across the world is expected to propel the aerostructures market demand. Recently, China upped its defense spending by 6.8% to over USD 200 billion. Moreover, the heightening tension in the Middle East is expected to boost the output of military planes for combat applications. Defense manufacturers are manufacturing their planes locally in order to spark the local manufacturing of aircraft components. The development of the aerospace & defense business is expected to enhance the aerostructures demand.

New materials are manufactured and created in order to reduce the weight of the aircraft to a considerable degree, hence lowering fuel usage and reducing carbon footprints. COVID-19, however, has had a detrimental impact on the aerostructures sector through the closure of numerous manufacturing plants. Lockdown coupled with social distancing has retarded air travel and created difficulties for the aircraft sector. In the long term, the sector is projected to recover by more air travelers.

Aerostructures Market Analysis
Aerostructures market from fuselage parts is projected to record a 3% CAGR during 2027 driven by rising aircraft production. The players in the aviation industry are expanding their manufacturing capacity to lower the earlier production backlog. A fuselage is the central component of the aircraft body, which is used for the transportation of passengers and crew members. Rising aircraft production in the commercial and military segments will boost the demand for fuselage.

Alloys material segment acquired more than 50% market share in 2020 because they minimize aircraft weight and contribute to enhancing performance. Alloys are extensively used in aerostructures based on their superior fatigue, low density, cryogenic toughness, and high specific modulus characteristics. Regulations by the government are forcing the aircraft sector to minimize fuel consumption, thus, reducing carbon emissions. Companies are thus developing lightweight alloys best suited to lighten the overall aircraft weight.

Learn more about the dominant segments that are influencing this market

Aerostructures market from military application made over USD 4 Billion revenue in 2020. Military spending is increasing across the world due to rising geopolitical divides between different nations. As per the Stockholm International Peace Research Institute (SIPPI), the world military spending exceeded USD 1.9 trillion in 2019 and is likely to grow in the years to come. Nations are busy updating their current fleet of military aircraft to enhance their air defense systems. Military aircraft technology is also propelling the demand for aerostructures.

The line-fit segment is projected to grow at about 3.5% CAGR during the period 2021-2027. Tier 1 players are increasing their production capacity to accommodate the rising demand for aircraft from different emerging economies and replacing aging aircraft across different developed nations. Boeing projects the aerospace sector will need more than 35,000 aircraft units by 2038 due to rising air traffic. The airline operators are constantly increasing the size of their fleet to cater to consumer needs.

Discover more about the dominant segments influencing this market

North America took over 45% of the aerostructures market share and is due to the availability of large industry giants like UTC Aerospace Systems, Spirit AeroSystems, and AAR Corporation in the region. Further, in the recent past, North America has produced more aircraft than any other region and will continue to provide MRO services & airframe-related solutions.

Companies are adopting industry automation and advanced robotics to manufacture complex and sensitive aerostructures parts, which increase the quality and reliability of the products. Various industry participants are improving their manufacturing capabilities to maintain their competitive edge in the market.

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Some of the leading players in the aerostructures market include

Spirit AeroSystems
AAR Corporation
STELIA Aerospace Group
Mahindra Aerostructures Pvt. Ltd.
Leonardo S.P.A.
Elbit Systems Ltd.
Cyient Ltd.
Collin Aerospace
Saab AB

Tags Aerostructures market

Aerospace and Defence News

Less Lethal Ammunition Market size is 2.9% CAGR from 2021 to 2027

Post author By Brad Mak
Post date March 12, 2025

Less Lethal Ammunition Market Size
Less Lethal Ammunition Market size was USD 1.05 billion in 2020 and is estimated to grow at a rate of more than 2.9% CAGR during 2021-2027.

Less lethal ammunition is also referred to as riot control ammunition and is made to reduce the possibility of causing serious injury or death when fired as intended. The less lethal ammunition is applied where there is such need as in dispersing riots or civil unrest, for breaking the individual rioters, for hostage rescue and other police operations.

The less lethal ammunition is applied to restrain the increase in violence where the use of lethal weapons is prohibited because rules of engagement must ensure minimum casualties or UN policy restricts the use of lethal weapons, which will further propel the demand for less lethal ammunition.

To obtain important market trends

Less lethal ammunition manufactures are continuously investing in research and development to enhance safety in non-lethal munitions. Market participants are working on producing products that have more impact on the given applications without causing lethal injuries. Development of products such as coated metal bullets, will induce significant potential in less lethal ammunition industry landscape.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/219/Less-Lethal-Ammunition-Market

Less Lethal Ammunition Market Report Attributes
Report Attribute Details
Base Year 2020
Less Lethal Ammunition Market Size in 2020 1,056.5 Million (USD)
Forecast Period2021 to 2027
Forecast Period 2021 to 2027 CAGR2.9%
2027 Value Projection1,288.1 Million (USD)
Historical Data for2017 to 2020
No. of Pages120
Tables, Charts & Figures86
Segments coveredType, End-User and Region
Growth Drivers
Increasing civil unrest in developing countries and developed countries
Rising budget of law enforcement organizations
Growing paintball related recreational activities
Pitfalls & Challenges
Harsh government rules
What are the growth opportunities in this market?

Most of the government rules are restraining the application of less lethal weapons are contributing a crucial role to ban the misuse of less lethal ammunitions. For example, the Geneva Academy suggested a set of guidelines on the utilization of less lethal ammunitions like tear gas, electrical devices, and metal bullets coated with material, etc. In addition, expanding the utilization of chemical substitutes like pepper balls and smoke grenades will restrict the use of such ammunitions.

Less Lethal Ammunition Market Analysis
The rubber shot segment accounted for approximately USD 750 million in less lethal ammunition market revenue during 2020. The rubber shot engine will exhibit significant growth until 2027 due to the extensive usage of rubber bullets by the law enforcement agencies to control civil unrest and protesters in a riot or mobs. Additionally, the majority of paintball gun companies are working towards creating a gun capable of firing various kinds of less lethal rounds in scenarios like having defense against unwanted intruders or burglars.

Discover more about the major segments that are driving this market

The less lethal ammunition market from recreational end use segment is expected to experience over 1.5% CAGR during the period 2021-2027. The growing competitive team shooting sports activities globally, wherein players kill other players by shooting them with spherical dye-filled jelly balls also referred to as paintball. The growing participation of the youth population in recreational sports and growing popularity of paintball sports among millennials across the globe are picking up pace. Asia Pacific has emerged as a lucrative market for less deadly ammunition producers with rising recreational use such as paintball sports and water sports. The paintball technology is also employed by the different paramilitary, law enforcement, armed forces, and security agencies to support military or other training.

The ongoing covid-19 has significantly impacted recreational sports worldwide impelled by stringent lockdown and social distancing norms by several government authorities, Moreover, the average lock-down duration across the world is nearly 30-40 operational days, which is predicted to affect the overall sales in 2020.

Learn more about the key segments shaping this market

U.S. dominated North America took over 35% of the less deadly ammunition market share in the year 2020. Rising popularity of sporting activities, including paintball sports, shooting sport and air gun sports, is predominantly driving the regional market growth. The U.S. is one of the largest providers of the increasing demand for less lethal ammunition across all related segments, and various factors like increasing leisure & recreational activities, military training, riot control, etc., are driving the increasing demand for less lethal ammunition.

Less Lethal Ammunition Market Share
The market is very much fragmented with numerous small and large industry players globally. Market players are involved in cooperation with the law enforcement agencies to gain a competitive edge over other firms. Technological advancements in less lethal ammunition are going to make a significant contribution to industry growth. For example, in September 2020, The Defence and Security Accelerator (DASA) has initiated the program to create advance less lethal weapons for police and law enforcement agencies to stop violent or armed criminals with the nominal required force from a distance.

Market Insights Research is a leading global research and consulting firm with over 11 years of experience providing advanced analytical research solutions, tailored consulting and in-depth data analysis to individuals and companies seeking accurate, reliable and timely research. Data and technology consulting. It provides insights into strategic and growth analysis, the data you need to achieve business goals, and helps you make key revenue decisions.

Our research works as partners to provide our clients with accurate and valuable information to help them make better data-driven decisions, understand market forecasts, capitalize on future opportunities and help optimize efficiency. The industries we cover span a wide range of industries including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and gas. etc.

MIR help you understand comprehensive market indicator factors as well as current and future market trends. Our analysts have extensive expertise in data collection and management, using industry methodologies to collect and examine data at every step. They are trained to combine the latest data collection techniques, superior research methodologies, specialized knowledge, and years of collective experience to produce informative and accurate research results.

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Some of the key manufacturers of the less lethal ammunition market are

Security Devices International
Safariland Group
Rheinmetall AG
Federal Ammunition
Combined Systems
Nonlethal Technologies
ST Engineering
Lamperd Less Lethal
Condor Non-Lethal Technologies
MAXAM Outdoors
Sellier & Bellot

Tags Less Lethal Ammunition Market

Aerospace and Defence News

Aircraft Recycling Market size is expected to grow at a CAGR of 8.5% from 2021 to 2027

Post author By Brad Mak
Post date March 12, 2025

Aircraft Recycling Market Size
Aircraft Recycling Market size accounted for more than USD 4.07 billion in 2020 and is anticipated to observe a CAGR of 8.5% during the period from 2021 to 2027.

Growth in dismantling and recycling operations within the commercial aviation industry will yield a number of growth opportunities to the industry.

To obtain the key market trends

Aircraft recycling is the activity of recovering materials and components from retired aircrafts. The activity involves scrapping and dismantling the aircraft and re-purpose the components as scrap or spare parts. The initial step of aircraft recycling primarily consists of dismantling aircraft components, followed by the separation of all the materials such as aluminum, copper, alloy, etc. from the aircraft. The sorted materials and parts are subsequently treated and washed to prevent rusting and damaging the aircraft’s critical parts.

With increasing numbers of aircraft reaching the end of their flying careers, there is an increasing need for recycling them. The Aircraft Fleet Recycling Association estimates that over 12,000 aircraft will have to be recycled in the next few years. Recycling aircraft reduces the negative impacts on the environment in numerous ways. It keeps useful materials such as aluminum, steel, copper, and titanium from entering landfills. It conserves energy and materials that would otherwise be required to mine and manufacture new materials. And it prevents pollution by stopping the emission of dangerous chemicals into the atmosphere, water, and ground. An advantage of plane recycling is that it can reduce the price of new aircraft. New materials are always more expensive than recycled ones, so this practice can be financially beneficial to airlines. Plane recycling is a success for both nature and the economy. Recycling outdated planes is eco-friendly and aids in cutting demand for new stuff.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/218/Aircraft-Recycling-Market

Increasing consciousness for recycling aircraft among airliners is driving the market for aircraft recycling. The fast-expanding aviation market of India, China, and Japan is forcing the aviation industry to deploy recycled aircraft components that are not only cost-effective but also reduce the carbon footprint. Maintenance, Repair, and Overhaul (MRO) service providers are investing heavily in recycling aircraft to support the surging demand for aircraft parts.

But, challenges in recycling advanced materials utilized for the production of new-age aircrafts like carbon fiber can slow down the market growth over the next few years. These materials wind-up in the landfill due to the unavailability of large-scale recycling solutions.

Report Attribute Details
Base Year 2020
Aircraft Recycling Market Size in 2020 USD 4,075.5 Million
Forecast Period 2021 to 2027
Forecast Period 2021 to 2027 CAGR 8.5%
2027 Value Projection USD 7,467.4 Million
Historical Data for 2017 to 2020
No. of Pages 100
Tables, Charts & Figures 106
Segments covered Product, Aircraft and Region
Growth Drivers
Growing awareness for recycling of aircraft
Growing demand for used serviceable materials (USM)
Regulatory support for recycling
Pitfalls & Challenges
Challenge in recycling of high-tech materials
What are the growth opportunities in this market?

Aircraft Recycling Market Analysis
Narrow-body segment held over 60% of the market share in 2020. Narrow-body airplanes are commonly employed by different airlines since they can transport more people in an inexpensive manner. Further, numerous fleets of narrow-body airplanes retire annually, and there is potential for aircraft recyclers to recover aircraft parts. The use of recycled airplane parts by airlines is also on the rise because of its affordability.

Know more about the dominant segments of this market

Engines segment of aircraft recycling industry is expected to experience an 8% growth rate until 2027 driven by increasing fleet growth plans of different airliners and aircraft operators predominantly in the developing economies. Second-hand aircraft utilization is increasing, particularly in low-income nations, due to low price and convenient availability. The aircraft can be operated conveniently with minimal changes before its disposal. Rising global air travel is additionally driving airlines to sustain an active fleet number, hence spurring demand for reused engines within the market.

Find more insights into major segments defining this industry

A massive chunk of the international industry came North American aircraft recycling industry’s way in 2020, making a whopping half of all revenues. This is largely attributed to the big players such as Aircraft Solutions USA in the country and the increased demand for civilian aircraft MRO and maintenance as well as overhauls in the United States. For instance, Aircraft Solutions USA came out in April 2020 stating that they would invest a sweet $100 million in constructing a brand-new aircraft recycling facility. And don’t forget the continually growing demand for recycled airplane parts by airlines and aircraft operators worldwide. That’s just making the market worth more. But there’s more to it than that. As increasingly more airplanes in the region age, the greater will be the requirement to recycle them. Add government initiatives favoring aircraft recycling and strong infrastructure for dismantling and recycling airplanes, and you have a recipe for ongoing market growth in the coming years.

Aircraft Recycling Market Share
Market leaders are embracing industry automation and high-technology robotics in aircraft dismantling and recycling, enhancing the reliability and quality of the products. Different industry players are enhancing their recycling capacities in order to keep their competitive advantage in the marketplace. Additionally, different companies are establishing joint ventures and strategic alliances to enhance their revenues and expand their geographical footprint.

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Companies present in the market include

Aircraft End-of-Life Solutions
Aircraft Part Out Company
Air Salvage International
Apple Aviation
Aviation International Recycling
Tarmac Aerosave
Total Technic
Vallair
ADI- Aircraft Demolition & Recycling
ARC Aerospace Industries
ComAv Technical Services
KLM UK Engineering
Sycamore Aviation
Universal Asset Management Inc
VAS Aero Services

Tags Aircraft Recycling Market

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