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“ The Global Aircraft Seals | Aircraft Engine Seals Market is estimated to witness rapid growth, at a CAGR of Approximately 5% during 2018 to 2023.” - Aircraft Seals Market by Seal Type (Dynamic and Static), Application (Engine, Airframe, Flight Control System, Landing Gear, Wheels & Brakes, and Others), Material (Composites, Polymers, & Metals), Vendor (OEM & Aftermarket), Platform (Commercial, Military), Aircraft Type (Fixed-Wing, Rotary-Wing), & Region – Global Forecast till 2023
Global Aircraft Seals Market Scenario:
“A seal is one of the vital components of an aircraft and prevents the passage, flow, or leakage of gas or fluid between flaps, slats, access panels, doors and other parts of the aircraft”.
The factors responsible for the growing use of aircraft seals are the increasing demand for new commercial and business aircraft, increased defense spending, replacement of old aircraft seals, and growing demand for new fighter jets in developing countries, such as China and India. There were several contracts that fueled the market growth. In 2018, Meggitt Plc signed a contract with Canadian AvCorp and Vought Aircraft to supply wheel well, nacelle, and aerodynamic seals. Similarly, in the year 2016, Trelleborg Sealing Solutions acquired CoorsTek Inc., which specialized in the manufacturing of precision seals for the aerospace industry. This acquisition strengthened the presence of Trelleborg in North America and enabled it to providing effective sealing solutions for major aircraft programs.
The Aircraft Seals Market has been segmented into seal type, application, material, vendor, platform, and region. Based on the seal type, the dynamic seal segment is widely used and comprises the largest share in the market as it provides strengthening and lubrication between the machine components during various movements, such as rotation, reciprocation, and oscillation.
The Aircraft Seals | Aerospace Seals Market is estimated to witness rapid growth, at a CAGR of Approximately 5% during 2018 to 2023.
Based on material, the composites segment is widely used and comprise the largest share in the market due to high demands for lightweight components. The carbon composite materials possesses superior sealing properties such as self-lubrication, heat resistance and high thermal conductivity, which makes it a suitable choice for sealing material. Furthermore, these materials are machinable according to the dimensional tolerances of aerospace regulatory agencies.
Global Aircraft Seals Market Segmentation:
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. North America is expected to dominate the market in the future, due to the presence of leading aircraft manufacturers and engine OEMs. Furthermore, the increased deliveries of commercial aircraft and the presence of MRO facilities in the U.S. and Canada have contributed to the high demand for aircraft seals.
Asia Pacific region follows the North American region in the global market due to increased air travel because of the rising per capita disposable income in the region. Thus, the Aircraft Seals Market is estimated to witness rapid growth, at a CAGR of approximately 5% during 2018 to 2023.
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The report for Aircraft Seals Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Global Aircraft Seals Market Key Players:
The key players in the Aircraft Seals Market are Eaton Corporation (Ireland), Esterline Technologies Corporation (U.S.), Meggitt Plc (U.K), Parker Hannifin Corporation (U.S.), SKF (Sweden), Trelleborg Sealing Solutions (Sweden), Brown Aircraft Supply Inc. (U.S.), Hutchinson SA (France), Saint-Gobain (France), and Technetics Group (U.S.)
The scope of the Global Aircraft Seals Market Report:
This study provides an overview of the Aircraft Seals Market, tracking six market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Aircraft Seals Market by its seal type, application, material, vendor, platform, and region.
By Seal Type
Dynamic
Static
By Application
Engine Airframe
Flight Control System
Landing Gear
Wheels & Brakes
Others
By Material
Composites
Polymers
Metals
By Vendor
OEM
Aftermarket
By Platform
Commercial
Military
By Aircraft Type
Commercial
Military
By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
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Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
Continue........
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