Aircraft Seals Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025.Aircraft seal science is a complete engineering and manufacturing resource for the developmentand supply of a wide range of rubber and fabric seals for aerodynamic aircraft seals.
Growth in worldwide air travelling, subsequent demand for new commercial & business aircrafts, and increased defense spending by developing countries are major factors driving the growth of the aircraft seals market. However, the recyclability concern of composite materials and backlogs in aircraft deliveries are estimated to hinder the market growth. Additionally, problems associated with quality accreditations act as a major challenge to the growth of the market. Furthermore, developments in the additive manufacturing technology offer key growth opportunities to manufacturers of aircraft seals market.
Aircraft Seals Market is segmented based on type, vendor, application, platform, material and geography. On the basis of application, the aircraft seals market is segmented into engine system, airframe, flight control & hydraulic system, and landing gear system. By material segment, the aircraft seals market is divided into polymers & composites and metals. On the basis of platform, it is segregated into civil and military aircraft. The vendor segment is divided into OEM and aftermarket. On the basis of type, the aircraft seals market is segmented into dynamic and static steal.
Aircraft Seals Market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are countries under North America wherein Europe covers U.K, Germany, France and others. Asia-Pacific covers China, India, Japan, and rest of Asia-Pacific. RoW covers South America, Middle East and Africa.
Major companies operating in the aircraft seals market are Trelleborg, Hutchinson, Technetics, Esterline, and Meggit, among others.
The key takeaways from the report
Scope of Aircraft Seals Market