The global aircraft tube and duct assemblies market is projected to expand at a CAGR of 4% during the forecast period of 2019-2029.
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 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.
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What Does the Future Hold?
The aircraft market in the Middle East has witnessed high growth and development over the past few years. For instance, wide body aircraft are anticipated to see more prominence in the Middle East. This growth is predominantly driven by the region’s development as an aviation hub. This has consequently created immense opportunities for the sales growth of the aircraft tube and duct assemblies market in the region.
Want to Know More?
Future Market Insights has published a market research report on the aircraft tube and duct assemblies market that contains global industry analysis of 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the aircraft tube and duct assemblies market through five different segments – application, aircraft type, material, sales channel, and region. The aircraft tube and duct assemblies market report also provides supply and demand trends, and a comprehensive list of suppliers and distributors in the market, along with a detailed overview of the parent market.
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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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