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Aircraft Tube and Duct Assemblies Market Latest Advancements and Business Opportunities 2029

 Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market.

The global aircraft tube and duct assemblies market is projected to expand at a CAGR of 4% during the forecast period of 2019-2029.

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Key Takeaways of Aircraft Tube and Duct Assemblies Market Study

  • Aerospace industry is increasing the usage of aluminum in aircraft tube and duct assemblies, as aluminum is a lightweight and high-strength material. In the global aircraft tube and duct assemblies market, aluminum holds approximately one-third market share.
  • Tier-I manufacturers operating in the global aircraft tube and duct assemblies market are Eaton, Exotic Metals Forming, Leggett & Platt, Incorporated, and PFW Aerospace GmbH. On the other hand, AMETEK. Inc., Smiths Group PLC, Sigma Precision Components Ltd., and some other players are estimated to stand in the tier-II bracket in the global aircraft tube and duct assemblies market.
  • Key players are focusing on the expansion of their footprints by establishing manufacturing units and distribution channels in various regions.
  • Global defense spending is at a high record. The biggest spenders on defense are the U.S., China, France, Saudi Arabia, and India. Implementation of advanced, combat, and stealth-based aircraft procurement programs has augmented military spending, worldwide. This growing trend is expected to upsurge the demand for aircraft tube and duct assemblies.
  • Development of lightweight materials and increasing sales of aircraft are anticipated to drive the growth of the market over the forecast period.

“Original equipment manufacturers (OEMs) are projected to hold more than 90% share in the global market, as the replacement of tube and duct assemblies is found to be very limited.”

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AIRCRAFT TUBE AND DUCT ASSEMBLIES MARKET TAXONOMY

Application

  • Engine Bleeds
  • Thermal Anti-ice
  • Pylon Ducting (HVAC) Enamel
  • Fuselages
  • Inlets/Exhausts
  • Environment Control Systems (ECS)
  • Lavatories
  • Waste Systems

Aircraft Type

  • Commercial Aircraft
    • Narrow Body Aircraft
    • Wide Body Aircraft
    • Regional Jets
    • Freighters
  • Military Aircraft

Material

  • Steel
  • Nickel
  • Titanium
  • Aluminum
  • Composite
  • Inconel

Sales Channel

  • OEMs
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Table Of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Global Segmental Overview

1.3. Demand Side Trends

1.4. Supply Side Trends

1.5. Technology Roadmap

1.6. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

  1. Global Aircraft Tube and Duct Assemblies Market Demand Analysis 2014-2018 and Forecast, 2019-2029

5.1. Historical Market Volume (Units) Analysis, 2014-2018

5.2. Current and Future Market Volume (Units) Projections, 2019-2029

5.3. Y-o-Y Growth Trend Analysis

Market Landscape Moving towards Consolidation

The aircraft tube and duct assemblies market is expected to be dominated by tier-I manufacturers, who hold more than 50% share of the global market. Prominent players involved in the global aircraft tube and duct assemblies market are shifting their focus on repair solutions rather than replacement products with full-service. This has resulted in providing approximately 50 percent or more cost reduction.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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