Market Overview:
The global civil aircraft quick lock pin market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for commercial and personal aircraft across the globe. In terms of type, the single acting quick lock pins segment is expected to account for a major share of the global market during the forecast period. This can be attributed to their easy installation and low cost as compared to double acting quick lock pins. In terms of application, the commercial aircraft segment is anticipated to hold a dominant position in the global market throughout the forecast period.
Product Definition:
A civil aircraft quick-lock pin is a device used to secure an aircraft's flight control surfaces in the event of an emergency. The pin is inserted into a hole in the surface, and a locking sleeve is then rotated to secure it in place.
Single Acting:
Single acting refers to a type of lock pin that is used in the manual or power-driven quick release mechanism. The term single acting was derived from its initial application in the locks and has been adopted by aircraft manufacturers as well. Single acting means that once engaged, there is no other way to unlock the mechanism until it is released.
Double Acting:
Double acting is a valve technology that uses two sets of valves to open and close ports. One set of valves is operated by the pressure difference between two chambers, while the other set of valves are operated by a single controlling mechanism. The double acting system reduces the actuating force for opening or closing various aircraft Quick Lock Pin (QLP) and increases safety in case of an emergency situation such as fire or smoke detection.
Application Insights:
The commercial aircraft segment held the largest share of over 70.0% in 2017. The demand for quick lock pins is expected to increase in commercial aircraft as they help reduce delays during boarding and disembarkation, which often occurs due to the late unlocking of doors. Furthermore, these devices also act as an effective safety mechanism by preventing doors from being opened while the plane is moving or taxiing, thereby reducing risks associated with passenger and crew safety during take-off and landing.
The personal aircraft segment is projected to witness a CAGR of XX% over the forecast period owing to growing awareness regarding airport security among consumers globally coupled with increasing disposable income levels across developing countries such as China, India & Brazil that are majorly fueling product demand in this segment worldwide.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of major aircraft manufacturers, such as Boeing and Lockheed Martin Corporation, which are among the largest producers of commercial aircraft across the globe. Moreover, growing demand for air travel is expected to drive regional product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over a projected period owing to increasing production facilities by key players and rising investments in new projects for manufacturing aircraft parts. For instance, Airbus S A recently announced plans for investing around USD X billion on its plant expansion project at Singapore with an aim toward increasing production capacity by 30 planes per year by 2020 from its current rate of 15 planes per year beginning from 2021.
Middle East & Africa is also estimated have promising growth opportunities due high aviation activity levels coupled with rapid economic development witnessed within countries such as Saudi Arabia.
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021. This growth is primarily driven by the increasing number of passengers travelling by air and the rise in disposable income levels in emerging economies.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) has led to an increase in demand for civil aircraft, as these airlines typically operate on a point-to-point basis and rely on aircraft with high seating capacity and fuel efficiency.
- Development of new airports and expansion of existing ones: There is a significant need for new airports due to the increase in air traffic, which is expected to drive the demand for civil aircraft over the next few years. In addition, existing airports are being expanded or upgraded to meet rising passenger traffic demands.
Scope Of The Report
Report Attributes
Report Details
Report Title
Civil Aircraft Quick Lock Pin Market Research Report
By Type
Single Acting, Double Acting, Detent Pins
By Application
Commercial Aircraft, Personal Aircraft
By Companies
Precision Castparts Corp, LISI Aerospace, CAM, Erwin Halder KG, Jergens, VLIER, Southco, Wixroyd, Bollhoff, HKS Technology Development, Riteon cooperation, Carr Lane Manufacturing
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Civil Aircraft Quick Lock Pin Market Report Segments:
The global Civil Aircraft Quick Lock Pin market is segmented on the basis of:
Types
Single Acting, Double Acting, Detent Pins
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
Commercial Aircraft, Personal 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:
- Precision Castparts Corp
- LISI Aerospace
- CAM
- Erwin Halder KG
- Jergens
- VLIER
- Southco
- Wixroyd
- Bollhoff
- HKS Technology Development
- Riteon cooperation
- Carr Lane Manufacturing
Highlights of The Civil Aircraft Quick Lock Pin 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:
- Single Acting
- Double Acting
- Detent Pins
- By Application:
- Commercial Aircraft
- Personal 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 Civil Aircraft Quick Lock Pin 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
The Civil Aircraft Quick Lock Pin is a security feature on some civil aircraft that allows the pilots to secure the aircraft in case of an emergency.
Some of the major players in the civil aircraft quick lock pin market are Precision Castparts Corp, LISI Aerospace, CAM, Erwin Halder KG, Jergens, VLIER, Southco, Wixroyd, Bollhoff, HKS Technology Development, Riteon cooperation, Carr Lane Manufacturing.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size & Forecast, 2018-2028
4.5.1 Civil Aircraft Quick Lock Pin Market Size and Y-o-Y Growth
4.5.2 Civil Aircraft Quick Lock Pin Market Absolute $ Opportunity
Chapter 5 Global Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size Forecast by Type
5.2.1 Single Acting
5.2.2 Double Acting
5.2.3 Detent Pins
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Personal Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Analysis and Forecast
9.1 Introduction
9.2 North America Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size Forecast by Type
9.6.1 Single Acting
9.6.2 Double Acting
9.6.3 Detent Pins
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 Civil Aircraft Quick Lock Pin Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Personal 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 Civil Aircraft Quick Lock Pin Analysis and Forecast
10.1 Introduction
10.2 Europe Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size Forecast by Type
10.6.1 Single Acting
10.6.2 Double Acting
10.6.3 Detent Pins
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 Civil Aircraft Quick Lock Pin Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Personal 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 Civil Aircraft Quick Lock Pin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size Forecast by Type
11.6.1 Single Acting
11.6.2 Double Acting
11.6.3 Detent Pins
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 Civil Aircraft Quick Lock Pin Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Personal 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 Civil Aircraft Quick Lock Pin Analysis and Forecast
12.1 Introduction
12.2 Latin America Civil Aircraft Quick Lock Pin 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 Civil Aircraft Quick Lock Pin Market Size Forecast by Type
12.6.1 Single Acting
12.6.2 Double Acting
12.6.3 Detent Pins
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 Civil Aircraft Quick Lock Pin Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Personal 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) Civil Aircraft Quick Lock Pin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Civil Aircraft Quick Lock Pin 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) Civil Aircraft Quick Lock Pin Market Size Forecast by Type
13.6.1 Single Acting
13.6.2 Double Acting
13.6.3 Detent Pins
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) Civil Aircraft Quick Lock Pin Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Personal 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 Civil Aircraft Quick Lock Pin Market: Competitive Dashboard
14.2 Global Civil Aircraft Quick Lock Pin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Precision Castparts Corp
14.3.2 LISI Aerospace
14.3.3 CAM
14.3.4 Erwin Halder KG
14.3.5 Jergens
14.3.6 VLIER
14.3.7 Southco
14.3.8 Wixroyd
14.3.9 Bollhoff
14.3.10 HKS Technology Development
14.3.11 Riteon cooperation
14.3.12 Carr Lane Manufacturing
