Product ID: SQSG20A2007
Report ID:
SQSG20A2007 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
92 |
Figures:
76
During the Estimation period, North America is expected to retain its dominance as the largest market for the Global Aircraft Titanium Fasteners. This owes to the presence of several large-to-small-sized aircraft manufacturers, titanium fasteners manufacturers, tier players distributors, and raw material suppliers. Early innovations and adoption of latest technologies paving way for the present as well as future advancements has made it the world’s manufacturing capital of the aircraft industry. As per the latest report 36% of the Global Aerospace Titanium Fasteners Market growth will be generated from North America. Gradually the technological trends have transmitted to other parts of the world like China and India.
The Asia-Pacific region is expected to showcase the highest growth during the forecast period. Several aircraft manufacturing plants are planned to be set up in the region especially, China, India Japan due to substantial growth in air passenger and freight traffic. Additionally, India and China are looking forward to investing in defense and military and acquiring technologically advanced aircrafts to enhance their defense capabilities. Upcoming indigenous regional aircraft (Mitsubishi MRJ) is further expected to boost the demand for titanium fasteners in the aircraft industry in the region.
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REQUEST FREE CUSTOMIZATIONBased on the Product, it was estimated that the MRO segment is experiencing high demand and generating the highest revenue in the forecasted period.
The CAGR of the 3D glass market for the forecast year will be more than 6.9 %.
Aerospace Titanium Fasteners(ASF) Market size was valued at USD 0.71 billion in 2019 and is poised to grow from USD 0.76 billion in 2023 to USD 1.38 billion by 2031, growing at a CAGR of 6.9% in the forecast period (2024-2031).
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Product ID: SQSG20A2007