The
global commercial aircraft wing market is segmented into aircraft
type such as narrow body, wide body and regional jet. Among
these segments, narrow body
segment captured the lion share in the overall market of commercial aircraft
wing. In addition to this, narrow body segment is projected to post a
noteworthy CAGR of 7.1% during the forecast period. Likely, continuous advancement in the technology of aircraft wings is one the major factor bolstering the market
of commercial aircraft wing. Moreover,
rising global tourism coupled with increase in demand for aircraft is also
believed to flourish the growth of commercial aircraft wing market.
Global commercial aircraft wing market is projected to showcase a
remarkable CAGR of 7.2% during the forecast period i.e. 2017-2024. Moreover,
the global commercial aircraft wing market
is anticipated to account noteworthy sales by 2024. Additionally, the commercial aircraft wing market is
riding on the back growing aviation industry.
Geographically,
Asia-Pacific
commercial aircraft wing market
is projected to seize the biggest market of global commercial aircraft wing by
the end of 2024. This growth of Asia-Pacific region is attributed to the
presence of large aviation industry and upsurge demand for energy efficient
planes. Moreover, China and Japan are the leading countries in this region
owing to growing demand for advanced and innovative aircraft. Apart from this,
North America region captured the second largest market of commercial aircraft wing market aided
by U.S.
Growing
Demand for Energy Efficient Aircraft
Increasing
incorporation of advanced technologies in aircrafts in order to boost the
efficiency of the aircraft is predicted to uplift the adoption of commercial
aircraft wing which is envisioned to bolster the growth of commercial aircraft wing market.
Furthermore, growing trade activities by air is also believed to augment the
demand for commercial aircraft wing.
Evolution of Aircraft Industry
On-going evolution of aviation
industry has introduced various technologies that can be incorporated into the
aircraft to increase its efficiency. Further, adoption of these technologies is
projected to be a positive aspect for the adoption of commercial aircraft wing which is anticipated to boost the
growth of commercial aircraft wing market by the end of 2024.
Although,
volatility
in the price of raw material is projected to hamper
the growth of commercial aircraft wing market during the forecast period.
The report titled “Commercial
Aircraft Wing Market: Global Demand Analysis & Opportunity
Outlook 2024” delivers
detailed overview of the global commercial
aircraft wing market in terms of market segmentation by aircraft
type and by region.
Further, for the in-depth
analysis, the report encompasses the industry growth drivers, restraints,
supply and demand risk, market attractiveness, BPS analysis and Porter’s five
force model.
This report also provides the
existing competitive scenario of some of the key players of the global commercial aircraft wing market which
includes company profiling of Airbus Group, The Boeing Company, Lockheed
Martin, United Technologies Corporation (UTC), General Dynamics Corporation,
Bombardier Aerospace, Northrop Grumman, Raytheon Company, Embraer Executive
Jets, Mitsubishi Aircraft. The profiling enfolds key information
of the companies which encompasses business overview, products and services,
key financials and recent news and developments. On the whole, the report
depicts detailed overview of the global commercial aircraft wing market that will help industry consultants,
equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/commercial-aircraft-wing-market/536
Contact for more Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
No comments:
Post a Comment