Aircraft Doors Market Expected to $5.22 Billion by 2022: Analysis & Forecast with Upcoming Trends 2022

Aircraft Doors Market

Aircraft Doors Market

Aircraft Doors Market
                      Aircraft Doors Market

The report  Aircraft Doors Market  by End User (OEM and Aftermarket), Application (Commercial (NBA, WBA, VLA, RTA, Business Jets) and Military (Transport Aircraft, Helicopter)), Door Type (Passenger, Cargo, Emergency, Access, Landing Gear) – Global Forecast to 2022 „ , published by MarketsandMarkets , the market is projected to grow from USD 3.68 trillion in 2017 to USD 5.22 trillion by 2022, at a CAGR of 7.25% during the forecast period. The increase in aircraft deliveries and replacement of existing aircraft doors are key factors projected to drive the growth of the aircraft doors market.Askfor PDF Brochure:  https://www.marketsandmarkets.com/pdfdownload.asp?id=127288998

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Based on end user, the aftermarket segment is projected to grow at a higher CAGR during the forecast period.

The aftermarket end user CAGR as compared to the OEM segment during the forecast period. The growth of the aftermarket segment can be attributed to the increasingly need to replace legacy aircraft doors with modern and lightweight aircraft doors.

CAGR from 2017 to 2022 based on application, the commercial aviation

CAGR as compared to the military aviation segment during the forecast period. The growth of the commercial aviation segment is attributed to the rise in commercial aircraft orders, owing to increasing passenger traffic, especially in the Middle East and the United States asia Pacific.

CAGR from 2017 to 2022.

Based on door type, the aircraft door market has been segmented into passenger doors, cargo doors, emergency doors, service / access doors, landing gear doors, and others. The increase in the number of passenger doors for commercial aircraft is one of the most significant factors .

asia Pacific is expected to be the fastest-growing market for aircraft doors during the forecast period.

The aircraft doors market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022. This growth can be attributed to the increase in aircraft production in countries, such as India and China. The rise in commercial aircraft deliveries is projected to drive the demand for aerospace components, as well as aircraft doors, in the Asia Pacific region .

Key players operating in the aircraft include Airbus Helicopters (France), Latecoere (France), Saab (Sweden), Elbit Systems (Israel), Triumph Group (US), and Mitsubishi Heavy Industries (Japan). These companies have well-equipped manufacturing facilities across North America, Europe, and asia Pacific. 

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