Global Commercial Airframe Component Market 2016-2020 - Stringent Regulatory Norms a Key Challenge - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Commercial Airframe Component Market 2016-2020" report to their offering.

The report forecasts the Global Commercial Airframe Component Market to grow at a CAGR of 4.06% during the period 2016-2020.

An emerging trend in this market is the implementation of folded wings. Improvements in aircraft design have led to the development of foldable wings for carrier-based aircraft. This new wing configuration allows the wings to be folded above the fuselage and to occupy less space inside a hangar.

According to the report, a key driver of market growth is the increased demand for aircraft globally. Growing economy and rising tourism have significantly influenced the global air traffic. The travel and tourism segment contributed $7.58 trillion (9.8% of GDP) in 2014-15 and is expected to show a rise of 3.7% in 2015-16, and reach $11.38 trillion (10.5% of GDP) in 2025, reflecting a 3.8% increase per annum.

Further, the report states that one challenge that could hamper market growth is stringent regulatory norms as vendors in this market have to adhere to regulations in different countries.

Key vendors:

  • Avcorp Industries
  • Exelis
  • Ferra Engineering
  • Precision Castparts
  • Triumph Group

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Global aerospace and defense supply chain system

PART 07: Global aerospace and defense value chain system

PART 08: Market segmentation by components

PART 09: Geographical segmentation

PART 10: Key leading regions

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

PART 17: Key vendor analysis

PART 18: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/4klkdc/global_commercial

Related Topics: Aircraft Parts

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716