World Aircraft Seals Market to Increase at 5.3% CAGR through 2022, Predicts Stratview Research in Its Topical Report Available at MarketPublishers.com
05 Jan 2018 • by Natalie Aster
LONDON – The worldwide market for aircraft seals is set to gain momentum at a 5.3% CAGR in the next 5 years, and by the year 2022 the market value will likely exceed USD 1.06 billion. Some of the major market growth engines include rising demand for lightweight aircraft seals, boosting production rates of the main aircraft programs (including B787, A350XWB, B737 and A320), enhancing need to improve fuel efficiency of aircraft, expanding global aircraft fleet, amidst others.
During 2017-2022, the commercial aircraft segment is predicted to be the key contributor to the world’s aircraft seals market growth. Robust growth in this segment is attributed majorly to the rising number of aircraft deliveries to support booming passenger traffic, introduction of fuel-efficient next-generation aircraft along with increasing commercial aircraft fleet size worldwide.
Meantime, the engine system is set to stay in the lead of the world’s aircraft seals market through to 2022 as the key application segment.
Regionally, North America is anticipated to keep the dominant position in the world’s aircraft seals market in terms of size during 2017-2022. Meantime, the highest growth rates are expected in the APAC market for aircraft seals.
Topical in-demand research report “Global Aircraft Seals Market by Aircraft Type, by Application Type, by Motion Type, by Function Type, by Material Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022” prepared by Stratview Research offer a close look at the present state of the world’s market for aircraft seals and provides aces to top-quality market data and updated statistics. This study reviews the historical development patterns of this market, delves deep into the current scenario and also evaluates the future growth potential of this market. Besides, the report explores the top trends and performance of the key regionals markets and include a profound analysis of the market segments with details on their shares and growth rates. Moreover, this publication traces light on the aircraft seals market dynamics and discusses the major factors influencing it, points out the emerging growth opportunities and treats for the next 5 years. Competitive landscape is also studies in this reports along with valuable info on the top players’ performance. Future forecasts through to 2022 are at hand.
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