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Global Aircraft Mounts Market
Global Aircraft Mounts Market
The GMI Research expects that the Aircraft Mounts Market will notice an augmentation in demand over the forecast period. This is mainly due to the surging number of military-grade, like jets and helicopters, increasing induction of better quality machinery, growing defense expenditure, and the fuelling demand for passenger' comfort and protection.
Introduction of the Aircraft Mounts Market
The aircraft mount refers to the association of the engine to the airframe to distribute the weight of the engine. These mounts are composed of various tubular steel chrome-molybdenum and are connected together to build the mounting structure. Also, their lightweight and high fracture strength to sustain stability even at temperatures of up to 500 °C make them more prominent.
Key Players of Market:
· The VMC group
· Mayday Manufacturing
· LORD Corporation
· GMT Rubber-Metal-Technic Ltd.
· Trelleborg AB
· Cadence Aerospace
· Angerole Mounts, LLC
· RAM Mounts
· AirLoc Ltd.
· Shock Tech, Inc.
Aircraft Mounts Market Dynamics
The mounts implemented in aircraft offer more security to reduce the frequency of segregation and perturbation from the vibration, thereby decreasing the noise caused by airplanes. In other words, the surging requisite to trestle the engine and transfer loads will pave the way for global aircraft mounts market growth. Moreover, the increasing number of arrears in aircraft and the soaring commercial air traffic are persuading the producers to raise their production capability, which further stimulates market growth. For example, Boing and Airbus delineated the pileups in order adding up to 12,838 commercial aircraft, proportional to 7.1 and 8.9 years of yearly production for Boing and Airbus, respectively.
Besides this, the growing acquisition of mounts in the aviation industry as a result of the exacerbating emphasis to enhance the security and comfort of passengers in aircraft across the globe is supplementing the market growth. On the other hand, the ameliorating price of OEMs and several other factors such as inaccurate projection of future demand, changes in design, which leads to an inadequate supply, will restrain the aircraft mounts market opportunities.
Application Segment Drivers
Based on the Application, the Engine mount is predicted to dominate the market over the forecast period. This is attributed to their rising endorsement to safeguard the engineering appliances in aircraft and improve operational abilities. In addition, the engine mounts diminish the movement of the engine from unusual shocks and loads.
Aircraft Type Segment Drivers
On the basis of Aircraft Type, the commercial aircraft will capture a significant CAGR over the forecast period due to the accelerating number of air passengers across the globe. Additionally, the soaring per-capita income of middle-class families, as well as the notable contraction in the price of air tickets, is inclining consumers towards air travel, which in turn stimulates the segment's growth. Moreover, the aggravating prevalence of domestic airlines in emerging nations like India, Thailand, and Germany, will contribute to the aircraft mounts market size.
Regional Drivers
Based on the Regional coverage, North America is contemplated to hold the largest share in the market during the coming years. The amplifying traffic in commercial air traffic across the region is bolstering the market growth. In accordance with the IATA, the traffic in North America elevated by 6.5% in 2019 compared to 2018. Also, the US is accounted to be the largest manufacturer, operator, and exporter of aircraft mounts. The producers are mainly concentrating on technological modernizations to cater to the altering demand of end-users. Moreover, as per the aircraft mounts market research report, the substantial expansion in the aerospace sector in Canada has encouraged the employment of aircraft mounts in general aviation and commercial aircraft.
Aircraft Mounts Market Segmentation:
Segmentation by Application
· Vibration/Shock Isolation
· Suspension
· Engine Mount
Segmentation by End-use
· Original Equipment Manufacturer (OEM)
· Replacement
Segmentation by Mount Type
· Interior Mounts
o Galley Mounts
o Panel Mounts
o Floor Mounts
o Headliner Mounts
o Bulkhead Mounts
· Exterior Mounts
o Multiplane Mounts
o Machine Feet
o Auxiliary Power Unit (APU) Mounts
o CUP Mounts
o Wire Rope Mounts
o Rubber Bobbins
o Pedestal Mounts
o Device Mounts
o Miniature Mounts
o Electronic Flight Bag (EFB) Mounts
o Platform Mounts
o Elastomeric Mounts
o High Deflection Mounts
o Compactor Mounts
o Sandwich Mounts
o Shock Mounts
o Cone Mounts
o Low Profile Mounts
o Rubber Mounts
Segmentation by Aircraft Type
· Commercial Aircraft
o Narrow Body Aircraft
o Wide Body Aircraft
o Very Large Aircraft
o Commercial Helicopters
o Regional Transport Aircraft
· General Aviation Aircraft
o Business Jets
o Ultralight Aircraft
· Military Aircraft
o Fighter Jets
o Transport Aircraft
o Military Helicopters
Segmentation by Material
· Nickel-Based Alloys
· Aluminium Alloys
· Steel Alloys
· Rubber
· Polyamide
· Others
Segmentation by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o UAE
o Brazil
o South Africa
o Saudi Arabia
About GMI Research
The consulting and market research organization provides business perception and research reports for every enterprise. Our team of mature analysts and industry specialists helps the clients to frame strategic decisions and attain long-lasting growth. The team performs various market intelligence studies to make sure that qualitative information reaches extensive sectors such as Energy, FMCG, Healthcare, and Technology. We collect refined and in-depth information relating to different industries using both internal and external databases. The prime focus is to acknowledge our clients about competitive landscape, major factors impacting market, and market insights to succour companies stay out of the curve.
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