Aircraft Interior Sandwich Panel Market is Forecasted to Reach US$ 2.9 Billion in 2034, Says Stratview Research

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

Click here to get a free sample of the report:

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Market Statistics:

Market Size in 2023: US$ 1.8 billion

Market Size in 2034: US$ 2.9 billion

Growth (CAGR): 3.4% during 2024-2034

Cumulative Sales Opportunity 2024 to 2034: US$ 28.1 billion

Leading Aircraft Type: Narrow-Body Aircraft

Leading Application Type: Cabin Linings

Leading Core Material Type: Nomex Honeycomb

Leading End-User Type: OE

Leading Region: North America

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aircraft Interior Sandwich Panel Market:

The global aircraft interior sandwich panel market is segmented based on aircraft type, application type, core material type, end-user type, and region.

Based on aircraft type –

·        The aircraft interior sandwich panel market is segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and general aviation. 

·        Narrow-body aircraft are anticipated to drive demand for the aircraft interior sandwich panel market, whereas wide-body aircraft are expected to experience the fastest growth rate in the coming years.

·        The aircraft body type is likely to make the fastest comeback with the resumption of domestic air travel in various parts of the world. The market entry of COMAC C919 is likely to further substantiate the demand in the years to come.

Based on application type –

·        The market is segmented into floor panels, cabin linings, stowage bin panels, galley panels, lavatory panels, and cargo panels. 

·        Cabin Linings are anticipated to be the largest demand generator of the aircraft interior sandwich panel market, whereas Lavatories are expected to witness the fastest growth in the coming years.

·        Cabin linings include aircraft sidewall and ceiling panels; therefore, they cover the largest area of application for sandwich panels.

Based on core material type –

·        The aircraft interior sandwich panel market is divided into segments based on core materials: Nomex honeycomb, aluminum honeycomb, and others. 

·        Nomex Honeycomb is expected to maintain its dominance during the forecast period and is likely to be the fastest-growing segment during the same period.

·        Nomex honeycomb is especially suited for aircraft interiors, offering key benefits like high mechanical strength and excellent flame-smoke-toxicity (FST) ratings. Additional advantages include a strong strength-to-weight ratio, corrosion resistance against water, oil, and fuel, high-temperature durability, ease of shaping, and good dielectric properties, making it a versatile and durable choice for interior applications.

Based on end-user type –

·        The market is segmented into OE and aftermarket. 

·        OE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing end-user during the same period.

·        Commercial aircraft (narrow-body and wide-body aircraft) account for most of the OE and aftermarket demand for sandwich panels. Aftermarket also occupies a healthy chunk of the market. 800+ airlines are active worldwide, generating strong replacement demand for sandwich panels.

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 projected to remain the largest market for aircraft interior sandwich panels throughout the forecast period. This growth outlook is mainly attributed to the following:

-      Supported by its extensive fleet of regional and general aviation aircraft, which fuels ongoing retrofit demand.

-      Additionally, the resumed production of the Boeing 737 Max, with plans for gradual increases, contributes to the region's strong demand for sandwich panels.

Likewise, Asia-Pacific is anticipated to be the fastest-growing region, driven by rising air travel and fleet expansions in countries like China, Japan, and India.

Aircraft Interior Sandwich Panel Market Drivers:

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

-      The ramp-up in production rates of key aircraft programs.

-      Upcoming aircraft programs.

-      The resumption of aircraft interior refurbishment orders from the airlines.

Competitive Landscape: Top Companies in the Aircraft Interior Sandwich Panel 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:

-         Safran S.A.

-        The Gill Corporation

-        Collins Aerospace (a Unit of Raytheon Technologies Corp.)

-        Triumph Group Inc. (Triumph Composite Systems)

-        Jamco Corporation

-        AVIC Cabin Systems Limited

-        Diehl Stiftung & Co. KG

-        Euro-Composites Corporation

-        Yokohama Aerospace America, Inc.

-        Boeing Encore Interiors LLC

-        EFW GmbH

-        Hexcel Corporation.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the aircraft interior sandwich panel 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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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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