
Report ID: UCMIG20A2114
Report ID:
UCMIG20A2114 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for aerospace and defense C-class parts was valued at USD 15.21 billion in 2019 and is expected to grow at a CAGR of 4.5% from 2020 to 2027. The market is driven by the increasing adoption of these parts in aerospace applications, which helps improve the strength and durability of aircraft components. The growing demand for commercial aircraft, particularly in regions such as Asia Pacific and Middle East & Africa, due to the rise in passenger traffic, is expected to stimulate the production of next-generation aircraft. This, in turn, is likely to drive the demand for C-class parts as aircraft production rebounds from a slowdown experienced in 2016. Manufacturers of aerospace C-class parts typically source raw materials directly from suppliers or through third-party suppliers to produce customized components for their clients.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Aerospace & Defense by segment aggregation, the contribution of the Aerospace & Defense in Capital Goods and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Aerospace & Defense C-class Parts was estimated to be valued at US$ XX Mn in 2021.
The Aerospace & Defense C-class Parts Market is estimated to grow at a CAGR of XX% by 2028.
The Aerospace & Defense C-class Parts Market is segmented on the basis of Product, Application, End-use, Region.
Based on region, the Aerospace & Defense C-class Parts Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Aerospace & Defense C-class Parts Market are Stanley Black & Decker, Inc., Amphenol Corp., LiSi Aerospace, Precision Castparts Corp., Safran SA, Arconic, Inc., Triumph Group, Eaton Corp., LMI Aerospace, Inc., RCB Bearings, Inc., Trimas Corp., National Aerospace Fasteners Corp., Satcom Direct, NTN Corp., SKF.
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Report ID: UCMIG20A2114