Aircraft Fairing Market: Summary

The Global Aircraft Fairing Market is estimated to reach USD 2.3 Billion by 2025 at a CAGR of 7.7%, observes forencis research (FSR).

Aircraft fairing is an aircraft component that is used to create a smooth outline and lower the drag at the time of aircraft propulsion. It helps to cover the gap and space between the aircraft parts. Aircraft fairing is used to protect the underlying structure and system in the adverse environment condition. In addition to this, this feature also prevents landing gear from fully retracting into the wings which trap air in the wheel well gap that creates a gap and restricts flow.

Aircraft Fairing Market: Drivers & Challenges

Market Drivers:

Growing Demand for Automated Generic Parameter

Automated generic parameter is used to reduce the overall time dedicated on initial design of the fairing of the aircraft through less efforts. To optimize the functioning of the fairing part that is parametrically controlled, it needs to be optimized and automated according to the requirement of the volume. Additionally, automation with the help of appropriate tool it optimizes the shape of the windshield. Advantages associated with automation of the generic parameter is expected to surge the aircraft fairing market during the forecast period.

Rising Demand of Aircraft Delivery

The demand for aircraft fairing market is growing owing to the demand for aircraft transmission. With increase in air passenger traffic globally, the demand for new deliveries have increased in past years. As per the data share by Airbus, aircraft deliveries of the commercial aircrafts have increased by 28% from 2013 to 2018. This trend is expected to continue in the forecast period, which is anticipated to drive the aircraft fairing market during the forecast period.

Market Challenges:

Complexity for Maintenance

The concerning regulates, complexity and safety-critical is currently facing a new threat for maintenance of aircraft. However, the repairing problem arises is sudden and not scheduled which can be due to problems to operate. This complexity of unscheduled aircraft inspection can lead to trouble for the flight operators. According to the International Air Transport Association survey, 35-40 % of the aircraft faces issues due to complexity in maintenance and ramp process.

Hence, complexity for maintenance may hinder the growth of the aircraft fairing market.

Aircraft Fairing Market: Key Segments

Based on Product: Flap Track Fairings (FTF), Leading Edge Flaps, Pylon Fairing, Wing to Body Fairing, Aileron, and Spoilers

Based on Platform: Military and Commercial

Based on Materials : Aluminum, Steel, Titanium, and Alloy

Based on Application: Aircraft flight control surfaces, Flight Deck, Fuselage, Undercarriage, Aircraft Noise, and Others

Based on End-User: Original Equipment Manufacturer (OEM) and Aftermarket

Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Aircraft Fairing Market: Report Scope

The report on the aircraft fairing market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features Specifics Historical/Estimated/Forecasted Market Size Years 2018-2025 Base Year for Market Calculation 2019 Forecasted Period 2020-2025 (2020 estimated year, forecasted up to 2025) Measured Units Value (USD Million) Segments Included Product, Platform, Materials, Application, End-User, and Region Regional Coverage Asia-Pacific, North America, Europe, Middle East & Africa, and South America

Key Companies Covered

The NORDAM Group LLC (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

Malibu Aerospace LLC.

The NORDAM Group LLC

Fiber Dynamics Inc.

FACC AG

ShinMaywa Industries, Ltd.

Zawya

Boeing

Barnes Group Inc.

Airbus S.A.S.

AAR

Other Key Companies

Aircraft Fairing Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Aircraft Fairing Market, by Product

Flap Track Fairings (FTF)

Leading Edge Flaps

Pylon Fairing

Wing to Body Fairing

Aileron

Spoilers

Aircraft Fairing Market, by Platform

Military Fighter Aircraft Military Transport

Commercial Wide Body Aircraft (WBA) Narrow Body Aircraft (NBA) Others



Aircraft Fairing Market, by Materials Type

Aluminum

Steel

Titanium

Alloy

Aircraft Fairing Market, by Application

Aircraft flight control surfaces

Flight Deck

Fuselage

Undercarriage

Aircraft Noise

Others

Aircraft Fairing Market, by End-User

Original Equipment Manufacturer (OEM)

Aftermarket

Aircraft Fairing Market, by Region

Asia-Pacific China India Japan South Korea Australia Rest of Asia-Pacific

North America US Canada Mexico

Europe Germany UK France Italy Spain Rest of Europe



Middle East & Africa Saudi Arabia UAE Rest of Middle East & Africa



South America Brazil Argentina Rest of South America



Key Questions answered by the report

What are the major developments impacting the global market and its growth?

What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?

What are the evolving types of the global market?

What are the evolving applications of global market?

What are the major characteristics that will affect the global market growth during the study period?

Who are the key global players operating in the market?

How are the major players leveraging in the existing global market conditions?

Report Audience

Aircraft Fairing Market Providers

Aircraft Fairing Market Solution and Services Suppliers, Distributors and Dealers

End-Users of Varied Segments of Aircraft Fairing Market

Government Bodies and Intellectual Institutions

Associations and Industrial Organizations

Research & Consulting Service Providers

Research & Development Organizations

Investment Banks & Private Equity Firms