Aircraft Composite Enclosures Market is Forecasted to Reach US$ 208 Million in 2027, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global aircraft composite enclosures market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2021: US$ 98.3 million

Market Size in 2027: US$ 208 million

Growth (CAGR): 11.2% during 2022-2027

Cumulative Sales Opportunity 2022 to 2027: US$ 954.2 million

Leading Aircraft Type: Commercial Aircraft

Leading Shielding Type: Shielded Enclosures

Leading Resin Type: PPS

Leading Fiber Type: Carbon Fiber Composites

Leading Manufacturing Process Type: Injection Molding

Leading Region: North America

Forecast Period: 2022-2027

Trend Period: 2016-2020

Base Year: 2021

Number of Segments Covered: 6

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aircraft Composite Enclosures Market:

The global aircraft composite enclosures market is segmented based on aircraft type, shielding  type, resin type, fiber type, manufacturing process type, and region.

Based on aircraft type –

·        The market is bifurcated into commercial aircraft, regional aircraft, military aircraft, and others. 

·        Commercial aircraft is likely to remain the growth engine of the market during the forecast period. An expected increase in the production rates of key aircraft programs, stringent emission norms for reducing carbon emissions, an increase in the use of avionics in aircraft, and rising penetration of composites are likely to aid the growth of the segment in the coming years.

Based on shielding type –

·        The market is segmented into shielded enclosures and non-shielded enclosures. 

·        Shielded enclosure is likely to remain the larger segment of the aircraft composite enclosures market during the forecast period. EMI shielded composite enclosures provide a combination of energy absorption as well as reflection. Shielded composite enclosures absorb and dissipate radiated energy from internal electronics.

Based on resin type –

·        The market is segmented as PPS, PEEK, PEKK, and others. 

·        Among these resin types, PPS dominates the market. The resin type offers good dimensional stability even at elevated temperatures and in a harsh chemical environment. It also aids in the molding of complex parts with very tight tolerances; is resistant to a wide range of aggressive chemical environments, and maintains its dielectric stability and insulating properties under a range of conditions.

Based on fiber type –

·        The market is segmented into carbon fiber composites and glass fiber composites. 

·        Carbon fiber composite is likely to remain the dominant segment of the market over the next five years, driven by its long list of advantages such as lightweight, higher strength-to-weight ratio, better EMI performance, and better aesthetics. Glass fiber composites also offer a wide array of advantages, such as low cost, low weight, good product performance, and excellent corrosion resistance, over their rivals including aluminum and other metallic enclosures.

Based on manufacturing process type –

·        The market is segmented as injection molding and others. 

·        Injection molding is estimated to remain the more dominant manufacturing process during the forecast period. It is considered to be an ideal process for mass-volume applications and has the ability to develop complex shapes in a very short cycle time with fewer scrapes.

To know the most attractive segments, click here for a free sample of the report:

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that North America is expected to remain the largest market for aircraft composite enclosures during the forecast period. This growth outlook is mainly attributed to the following:

-      The USA is the growth engine of the North American aircraft composite enclosures market.

-      The presence of major aircraft manufacturers, tier players, and enclosure manufacturers primarily drive the demand for composite enclosures in the country.

-      The country is not only the largest market in North America, but it is also the largest market in the world.

Likewise, Asia-Pacific is likely to depict the highest growth during the same period, driven by China, India, and Japan. All these three countries are likely to remain the growth engines of the region’s market for aircraft composite enclosures over the next five years.

Aircraft Composite Enclosures Market Drivers:

Some of the key drivers listed in the report are given below.

-      An expected rise in aircraft production.

-      Increasing preference for composite parts over traditional metallic ones.

-      Growing use of avionics in the next-generation aircraft.

Competitive Landscape: Top Companies in the Aircraft Composite Enclosures Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

-         TE Connectivity

-        Carlisle Interconnect Technologies

-        Kaman Aerospace (Vermont Composites Inc)

-        Automated Dynamics

-        AIM Aerospace

-        Connective Design Inc

-        Composiflex Inc.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the aircraft composite enclosures market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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About us –

Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.

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