Aircraft Fairings Market
Aerospace and Defense

Global Aircraft Fairings Market Size, Drivers, Trends, Opportunities And Strategies – Includes Aircraft Fairings Market Growth

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Increased aircraft demand is likely to promote innovation in aeroplane fairings manufacturing, propelling the market during the forecast period.

 

The global aircraft fairings market is expected to grow from $1.66 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The global aircraft fairings market size is expected to reach $2.47 billion in 2027 at a CAGR of 8%.

 

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Global Aircraft Fairings Market Segments Include:

  • By Material: Aluminum, Composite, Alloys
  • By Application: Fuselage, Engine, Control Surfaces, Radars And Antennas, Landing Gear
  • By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket Services
  • By End-User: Commercial, Military, General Aviation
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aircraft fairings market in 2021.

 

Major Market Players in the aircraft fairings market include Avcorp Industries Inc., FACC AG, Royal Engineered Composites, ShinMaywa Industries Ltd., Airbus Group SAS, Barnes Group Inc., The Boeing Company, Daher, The Nordam Group LLC.

 

Product innovation is a hot trend in the aeroplane fairing market. Major players in the aeroplane fairing market are concentrating their efforts on developing innovative products in order to enhance their positions and acquire a competitive advantage. For example, in June 2022, Aero Design Labs, a US-based business specialising in aeroplane fairings, released the ADL ADRS-1 kit, an aerodynamic drag-reduction system kit for the Boeing 737NG. To lower fuel consumption and CO2 emissions, the product offers distinctive features such as improved fairings, changed flap track fairing tips, updated wheel-well fairings, and vortex generators.

 

The Aircraft Fairings Global Market Report 2023  provides a aircraft fairings market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aircraft fairings market forecast analyzes aircraft fairings market size, aircraft fairings market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

A device that generates a smooth form and decreases drag on aircraft surfaces is referred to as an aviation fairing. These structures fill gaps and holes between aircraft parts, reducing form drag and interference drag while also increasing aesthetics.

 

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