October 18, 2019 by Market-NewsFlash
Global Aircraft Enclosures Market Research Report: Information by Aircraft Type (Commercial, Military, Regional and others), Material (Aluminum, Composite and others), Process (Injection Molding, Stamping and others), Application (In-Flight Entertainment, Avionics, Embedded Computing and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) — Forecast till 2025
Aircraft enclosures are cabinets that are utilized to protect critical electronic components. Aircraft enclosures offer protection to components against aircraft fluids and static electricity. Furthermore, they assist in reducing thermal loads. Stringent government regulations regarding aircraft and passenger safety are propelling aircraft manufacturers to invest in aircraft enclosures.
Increasing air traffic and the subsequent demand for new aircraft are the key factors driving the growth of the global aircraft enclosures market. Furthermore, a focus on aircraft modernization programs and growing emphasis on aviation safety are boosting market growth. However, the backlog in new commercial aircraft deliveries and rising fuel prices are expected to hamper market growth.
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The Global Aircraft Enclosures Market is estimated to register a CAGR of nearly 4.9% between 2019 and 2025.
The key players in the global aircraft enclosures are Carlisle Interconnect Technologies (US), Garmin Ltd (US), Collins Aerospace (US), Ducommun Incorporated (US), Honeywell International Inc. (US), Thales Group (France), TE Connectivity (Switzerland), Precision Metal Industries (US), and Curtiss-Wright Corporation (US).
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
In this process, data is collected from various secondary sources including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
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