Increasing commercial applications promote demand in Global Aircraft Door Market

Market Overview:
The global aircraft door market is supposed to experience an impressive 9.2% compound annual growth rate over the forecast period.

Aircraft doors are one of the many critical components of any aircraft. In addition to access control and management in various compartments of the aircraft, these doors are designed with the utmost precision to ensure safety and maintain the required internal pressure. Since an aircraft travels at different altitudes, temperatures, and adverse weather conditions, it becomes a key priority for aircraft door manufacturers and designers to withstand a working environment with reliability and long service life. The global aircraft door market is likely to progress against a background of increased production, deliveries and aircraft refurbishment activities around the world. The increase in the number of aircraft passengers and the development of the air transport support infrastructure are estimated to support the expansion of the aircraft door market in a latent way.

Recent Developments:
Today, Airbus Helicopters officially launched the production of locking axles for the doors of A350 XWB passenger aircraft using 3D manufacturing.

Market Drivers and Restraints:
The main driver of growth in the aircraft door market is the increased demand for air travel, which translates into an increase in commercial aircraft. The growing demand for aircraft from emerging economies like India, for commercial or business purposes, is another factor driving demand and production of aircraft. Therefore, growth in aircraft production is expected to contribute to the growth of the aircraft door market from a global perspective. On the other hand, the production of large aircraft is also increasing due to the augmented demand for these aircraft for long flights. The aircraft door market also depends on the number of aircraft orders placed by airlines. A large number of orders can weigh on the productivity of aircraft original equipment manufacturers, creating delays that can disrupt overall market dynamics. Likewise, highly trained personnel are required to install the hydraulic doors which can act as an obstacle in the growth of the global aircraft door market during the outlook period.

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Report is segmented as:
By Aircraft type:
• Narrow body aircraft
• Wide body aircraft
• Very large body aircraft
• Regional aircraft

By Door type:
• Passenger doors
• Cargo doors
• Emergency doors
• Access & Escape doors
• Landing gear doors
• Baggage & Service doors

By Operation:
• Mechanical
• Hydraulic

By Sales Channel:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Geographical segmentation:
Based on geography, the global aircraft doors market is divided into regions of the Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these regions, North America is anticipated to rule the aircraft doors market during the outlook period.

Key market players:

Major key players of the market are:
• Airbus Helicopters SAS
• Barnes Group
• Daher
• Delastek Inc.
• Elbit Systems Ltd.
• Esterline Technologies Corporation
• Honeycomb Company of America
• The Groupe Latécoère
• Mitsubishi Heavy Industries, Ltd.
• Triumph Group.

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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