Aerospace Interior Sandwich Panel Market to See 5.5% CAGR to 2022, Predicts Stratview Research in Its Topical Report Available at MarketPublishers.com
06 Oct 2017 • by Natalie Aster
LONDON – In the past year, the world’s aerospace interior sandwich panel market went beyond USD 1.16 billion. It is poised to continue expanding in the foreseeable future registering a 5.5% CAGR. By the year 2022, the market value will likely exceed USD 1.579 billion.
The major growth driving forces for the aerospace interior sandwich panel market comprise rising production of key regional and commercial aircraft, increasing demand for lightweight and durable products from interior applications, stringent requirements imposed by the government regarding fuel consumption and emissions reduction, ongoing technological progress, rising global aircraft fleet and escalating awareness to improve passenger experience.
Amid all applications, narrow-body aircraft is predicted to stay the key consumer of aerospace interior sandwich panels between 2017 and 2022. Meantime, wide-body aircraft is expected to see the highest growth in the coming years spurred by elevating demand, especially from the emerging countries.
Through 2022, North America is forecast to stay in the lead of the world’s aerospace interior sandwich panel market. this region is recognised as a pioneer in the aerospace industry with the presence of several small to large OEMs. However, the APAC market for aerospace interior sandwich panels is poised to increase at the highest pace during 2017-2022.
Zodiac Aerospace, Rockwell Collins, Triumph Composite Systems, The Gill Corporation, FACC AG, Euro-Composites and Jamco Corporation are some of the most prominent companies operating in the aerospace interior sandwich panel marketplace.
In-demand topical research publication “Global Aerospace Interior Sandwich Panel Market by Aircraft Type, by Application Type, by Core Material Type, by End-User Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022” elaborated by Stratview Research features the aerospace interior sandwich panel market performance at various geographical scales. It presents a detailed coverage of the market dynamics and landscape, offers in-depth insights into the main market segments and evaluates their shares, scrutinises the key factors responsible for the market growth and also outlines future growth challenges and opportunities. This study touches upon the major regulative initiatives, discusses the hottest industry issues, characterises the competitive landscape and gives relevant info on the top players in the field. Additionally, the report includes a detailed overview of the market historical background and current scenario with updated statistics, and also gives a future outlook through 2022.
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