Aerospace Pressure Bulkhead Market in APAC is anticipated to observe highest growth over the forecast timespan. Rising aircraft fleet to support increasing passenger flow in countries including China, India, Japan and South Korea is the main factor propelling regional industry share.
Ensuring cabin pressure maintenance as aerospace pressure bulkhead is an essential part of airframe of large commercial & regional aircrafts. Increased local & commercial aircraft deliveries and technology advancement will be among the major factor fueling demand.
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Increasing demand for light weight aircrafts components to attain fuel efficiency will significantly propel business expansion. Shifting focus on cutting down overhead cost and build more space for passenger comfort will enhance product penetration. Aviation regulations to reduce pollutant emission for passenger safety in case of fire will be a key factor boosting aerospace pressure bulkhead market growth.
Aircraft type market segmented includes wide body, narrow body, very large, regional and business jet. Among these, narrow aircraft is expected to hold major industry share due to the presence of its high-tech fuel efficient next generation engines. Additionally, growing commercial aircraft manufacturing to support large number of passenger and freight traffic will boost aerospace pressure bulkhead demand.
Major material type includes metal based products, which accounts account for the largest aerospace pressure bulkhead market share during the forecast time period. Other promising material such as composite based products provide brilliant strength to weight ratio at a relatively low rate and are technically futuristic.
Rapid development in product demand is a crucial component that covers the rear and front end of a fuselage. Front end is positioned near the nose landing gear and upholds front cabin compression and rear end is used to seal pressurized passenger compartment. It maintains pressure needed in the cabin of an aircraft and thereby, well recognized as an important aspect for passenger and cargo security.
North America holds largest market share in 2016 owing to its increased usage of narrow body aircraft and high focus on passenger safety. Presence of key manufacturing companies in the region add up to sales profits demographically. Moreover, introduction of advanced supply chain network comprising raw material suppliers, distributors, aircraft OEMs and airline companies will boost regional aerospace pressure bulkhead market growth.
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Global aerospace pressure bulkhead market share is consolidated due to the presence of key and technologically advanced manufacturing companies. Key industry players include Airbus Group, Bombardier, Spirit Aerosystems, RUAG Holding, Aernnova Aerospace, Premium Aerotech and Kawasaki Heavy Industries.
Other prominent participants are Triumph Group, AVIC SAC Commercial Aircraft Company, Mitsubishi Heavy Industries, Embraer, Boeing, HCL Technologies, Saertex Group, Ametek, Extramet and OMPM. Industry participants are increasingly targeting developing economies & applying different approaches to enhance their industry share.
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