The global aircraft seals market size is expected to reach USD 3.05 Billion in 2031 and register a revenue CAGR of 5.3% over the forecast period, according to latest analysis by Emergen Research. Global aircraft seals market revenue growth can be attributed to rising demand for new aircraft by commercial airlines and increasing defense budgets.
According to figures published by the International Civil Aviation Organization (ICAO), commercial airlines will require more than 43,000 new aircraft between 2020 and 2039, fueled by innovations in aircraft design configuration to enhance fuel efficiency and to reduce carbon footprint of the global aviation sector. In addition, increase in demand for hybrid and electric propulsion aircraft is driving revenue growth of the aircraft seals market.
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Aircraft seals find extensive use in hydraulic sealing systems deployed in aviation technology applications. These hydraulic sealing systems are exposed to harsh temperature variations and hostile pressure media, which lead to faster aging of sealing materials compared to conventional applications, and hence reduce the performance efficiency of seals. Market players are making substantial investments in the development of specialized aircraft seals, such as rod seals, to cater to requisite performance levels, with improved dependability.
The report demonstrates the progress and advancement achieved by the global Aircraft Seals Market, including the historical analysis and progress through the forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.
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Key players include Parker Hannifin Corp., Ducommun Incorporated, Regal Rexnord Corporation, AB SKF, PPG Industries Inc., Trelleborg AB, Eaton Corporation PLC, STACEM, DP Seals Ltd., Brown Aircraft Supply Inc., Jaco Aerospace, Inc., and Compagnie de Saint-Gobain S.A.
Report Highlights:
The report conducts a comparative assessment of the leading market players participating in the global Aircraft Seals market.
The report marks the notable developments that have recently taken place in the Aircraft Seals industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Aircraft Seals market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Emergen Research has segmented the global aircraft seals market report based on product type, materials, aircraft type, application, end-use, and region:
Product Type Outlook (Revenue, USD Million; 2019–2030)
Static Seals
Dynamic Seals
Materials Outlook (Revenue, USD Million; 2019–2030)
Metals
Polymers
Composites
Aircraft Type Outlook (Revenue, USD Million; 2019–2030)
Fixed Wing Aircraft
Rotary Wing Aircraft
Unmanned Aerial Vehicles
Application Outlook (Revenue, USD Million; 2019–2030)
Aircraft Frame
Engine
Avionics Electrical System
Landing Gear System
Flight Control Hydraulics System
End-Use Outlook (Revenue, USD Million; 2019–2030)
OEM
Aftermarket
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