Market Overview:
The global aerospace floor panel market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). The market is expected to be dominated by the nomex honeycomb segment, which is estimated to account for more than two-thirds of the global aerospace floor panel market revenue in 2018. The aluminium honeycomb segment is expected to be the second largest segment in terms of revenue share, followed by other types of honeycomb panels. Based on application, the narrow-body aircraft segment accounted for majority share of the global aerospace floor panel market in 2017 and this trend is anticipated continue during the forecast period as well. This can primarily attributed growth prospects offered by developing countries such as China and India for narrow body aircrafts owing increasing demand from low-cost carriers operating within these regions. However, with increasing focus on fuel efficiency and environment friendly measures across commercial aviation industry; wide body aircraft are anticipated exhibit highest CAGR over forecast period .
Product Definition:
Aerospace floor panel is a light-weight, strong and stiff material used in aircraft floors. It is made of composite materials such as fiberglass, graphite or Kevlar. Aerospace floor panels are important because they provide strength and stiffness to the aircraft floor while being lightweight.
Nomex Honeycomb:
Nomex honeycomb is a high-performance material, which is widely used in the aerospace industry for manufacturing floor panels. The product has superior thermal and acoustical properties that make it suitable to be used in various applications including heat shields, fire barriers, insulation panels and soundproofing. It offers excellent strength to weight ratio along with high rigidity thus making it ideal for use as an insulating material in aircraft interiors.
Aluminium Honeycomb:
Aluminium honeycomb is a special type of lightweight composite material, which consists of hexagonal hollow aluminum tubes that are filled with an epoxy resin. The product has high strength and stiffness as compared to conventional steel-based panels. It also offers low weight and high load capacity, corrosion resistance, energy absorption properties along with easy installation and maintenance characteristics.
Application Insights:
The narrow-body aircraft application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The demand for these panels is expected to increase owing to their lightweight properties, which reduces fuel consumption and carbon emissions, thereby driving the industry growth.
Wide-body aircraft are generally larger than narrow-body counterparts with more seats per cabin resulting in higher revenues per flight hour. The very large aircraft type also known as ¢â‚¬Ëœjumbo jet¢â‚¬â„¢s have double decker seating arrangement and high maximum takeoff weight (MTOW) that increases operational efficiency on long haul flights thus driving the demand further upscaling opportunities for GWCPs across all three segments of commercial aviation namely narrow body, wide body & very large transport category Aircraft (TACA).
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from the commercial and military sectors. In addition, growing use of aircraft as a mode of transportation is anticipated to propel industry growth over the next eight years.
The Asia Pacific regional market was valued at USD X million in 2017 and is projected to grow at a significant rate during the forecast period due to rising investments by OEMs and replacement of existing aircraft with new ones on account of their increased efficiency. Honeycomb manufacturing technology has been adopted across several industries owing high strength-to-weight ratio, which makes it suitable for aerospace applications as well.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient aircrafts is expected to drive the growth of the aerospace floor panel market.
- The increasing adoption of composite materials in the aerospace industry is also anticipated to boost the demand for aerospace floor panels over the forecast period.
- The increasing number of air passengers is also projected to propel the growth of this market during the forecast period.
- Stringent regulations pertaining to noise and emission levels are likely to create opportunities for players operating in this market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace Floor Panel Market Research Report
By Type
Nomex Honeycomb, Aluminium Honeycomb, Others
By Application
Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft
By Companies
Avcorp Industries, BE Aerospace (Rockwell Collins), The EnCore Group, Euro-Composites S.A, The Gill Corporation, Triumph Group (Triumph Composite Systems), Zodiac Aerospace, Avcorp Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace Floor Panel Market Report Segments:
The global Aerospace Floor Panel market is segmented on the basis of:
Types
Nomex Honeycomb, Aluminium Honeycomb, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Avcorp Industries
- BE Aerospace (Rockwell Collins)
- The EnCore Group
- Euro-Composites S.A
- The Gill Corporation
- Triumph Group (Triumph Composite Systems)
- Zodiac Aerospace
- Avcorp Industries
Highlights of The Aerospace Floor Panel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nomex Honeycomb
- Aluminium Honeycomb
- Others
- By Application:
- Narrow-Body Aircraft
- Wide-Body Aircraft
- Very Large Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace Floor Panel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerospace floor panel is a type of flooring that is made from a composite material. This material is made up of several different types of materials, including plastic and metal. Aerospace floor panel is often used in commercial and industrial settings because it offers a number of benefits over traditional floors. These benefits include durability, resistance to moisture and oil, and low noise levels.
Some of the major players in the aerospace floor panel market are Avcorp Industries, BE Aerospace (Rockwell Collins), The EnCore Group, Euro-Composites S.A, The Gill Corporation, Triumph Group (Triumph Composite Systems), Zodiac Aerospace, Avcorp Industries.
The aerospace floor panel market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace Floor Panel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aerospace Floor Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aerospace Floor Panel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aerospace Floor Panel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aerospace Floor Panel Market Size & Forecast, 2018-2028
4.5.1 Aerospace Floor Panel Market Size and Y-o-Y Growth
4.5.2 Aerospace Floor Panel Market Absolute $ Opportunity
Chapter 5 Global Aerospace Floor Panel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aerospace Floor Panel Market Size Forecast by Type
5.2.1 Nomex Honeycomb
5.2.2 Aluminium Honeycomb
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aerospace Floor Panel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aerospace Floor Panel Market Size Forecast by Applications
6.2.1 Narrow-Body Aircraft
6.2.2 Wide-Body Aircraft
6.2.3 Very Large Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace Floor Panel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerospace Floor Panel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aerospace Floor Panel Analysis and Forecast
9.1 Introduction
9.2 North America Aerospace Floor Panel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aerospace Floor Panel Market Size Forecast by Type
9.6.1 Nomex Honeycomb
9.6.2 Aluminium Honeycomb
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aerospace Floor Panel Market Size Forecast by Applications
9.10.1 Narrow-Body Aircraft
9.10.2 Wide-Body Aircraft
9.10.3 Very Large Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aerospace Floor Panel Analysis and Forecast
10.1 Introduction
10.2 Europe Aerospace Floor Panel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aerospace Floor Panel Market Size Forecast by Type
10.6.1 Nomex Honeycomb
10.6.2 Aluminium Honeycomb
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aerospace Floor Panel Market Size Forecast by Applications
10.10.1 Narrow-Body Aircraft
10.10.2 Wide-Body Aircraft
10.10.3 Very Large Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aerospace Floor Panel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aerospace Floor Panel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aerospace Floor Panel Market Size Forecast by Type
11.6.1 Nomex Honeycomb
11.6.2 Aluminium Honeycomb
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aerospace Floor Panel Market Size Forecast by Applications
11.10.1 Narrow-Body Aircraft
11.10.2 Wide-Body Aircraft
11.10.3 Very Large Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aerospace Floor Panel Analysis and Forecast
12.1 Introduction
12.2 Latin America Aerospace Floor Panel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aerospace Floor Panel Market Size Forecast by Type
12.6.1 Nomex Honeycomb
12.6.2 Aluminium Honeycomb
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aerospace Floor Panel Market Size Forecast by Applications
12.10.1 Narrow-Body Aircraft
12.10.2 Wide-Body Aircraft
12.10.3 Very Large Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aerospace Floor Panel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aerospace Floor Panel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aerospace Floor Panel Market Size Forecast by Type
13.6.1 Nomex Honeycomb
13.6.2 Aluminium Honeycomb
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aerospace Floor Panel Market Size Forecast by Applications
13.10.1 Narrow-Body Aircraft
13.10.2 Wide-Body Aircraft
13.10.3 Very Large Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerospace Floor Panel Market: Competitive Dashboard
14.2 Global Aerospace Floor Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avcorp Industries
14.3.2 BE Aerospace (Rockwell Collins)
14.3.3 The EnCore Group
14.3.4 Euro-Composites S.A
14.3.5 The Gill Corporation
14.3.6 Triumph Group (Triumph Composite Systems)
14.3.7 Zodiac Aerospace
14.3.8 Avcorp Industries
