Global Aircraft Fairings Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Aircraft fairing is an important structure whose primary functionality is to produce a smooth outline, reduce drag and to improve appearance. There are various parts of aircrafts where these fairings are used which includes vertical fin fairings, flap track fairings, engine cowls, fillet fairing, wing-to-body fairing, wheel well fairing, and strut-to-wing fairing.
Technological developments and growing demand for lightweight fairings and global aircraft fleet size in various aviation sectors are boosting the growth of the global Aircraft Fairings market. Moreover, introduction of variants of the best-selling aircraft programs along with increasing production rates of commercial aircraft programs are also expected to fuel the growth of the market. However, lack of low-cost inoperation and maintenance among some agencies may hinder the growth of the market. Furthermore, ongoing research & development on plasma fairings technology for noise reduction from various enterprises from emerging economies and resin transfer molding technology on Aircraft Fairings would provide growth in the upcoming years.
The global Aircraft Fairings market is segmented based on the application, material, platform, end user, and geography. Application segment can be further segmented into flight control surface, wings, nose, landing gear, fuselage, and other. The material segment is further divided into composite, metallic and alloy segment. Platform segment can be bifurcated into commercial, military and general aviation. Furthermore, end user segment includes OEM and aftermarket.
The global Aircraft Fairings market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers Germany, France, Russia, Italy, and others. Asia-Pacific covers China, India, Japan and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Aircraft Fairings market are Shinmaywa, Strata Manufacturing, Malibu Aerospace, FACC AG, Daher, Nordam, Airbus, Boein, Avcorp, Barnes Group, and Royal Engineered Composites, among others.
The key takeaways from the report
Scope of Aircraft Fairings Market
End User Segments