The Aircraft Elevator Global Market Report 2023, provides comprehensive information on the aircraft elevator market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global aircraft elevator market size is expected to grow from $3.03 billion in 2022 to $3.23 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aircraft elevator market size is expected to reach $4.03 billion in 2027 at a CAGR of 5.7%.
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Strategic partnerships are a key trend gaining popularity in the aircraft elevator market. Major companies operating in the aircraft elevator market are undergoing partnerships to develop a new relationship in which two or more organizations develop aircraft elevator technologies. For instance, in June 2021, Lilium GmbH, a Germany-based aerospace company, partnered with Honeywell International, Inc., a US-based conglomerate corporation. With this partnership, the companies aim to develop the electronics and mechanical systems for the 7-seater Lilium Jet, eVTOL. Further, in October 2022, BAE Systems plc, a UK-based aerospace company, partnered with Supernal, a US-based aviation and aerospace component manufacturing company. With this partnership, they aimed to investigate product development for the future of aircraft electrification and, under a memorandum of understanding, investigate the creation of electric energy management systems for urban air mobility vehicles.
The aircraft elevator market is segmented:
1) By Product: Horizontal Stabilator Aircraft Elevator, Elevons Aircraft Elevator, Levcons Aircraft Elevator
2) By Wing: Fixed-Wing Aircraft, Rotary Wing Aircraft
3) By Aircraft: Narrow Body Aircraft, Wide Body Aircraft, Regional Jet, Other Aircrafts
4) By Application: Commercial Air Transport, Business and General Aviation, Military Aviation
Asia-Pacific was the largest region in the aircraft elevator market in 2022.
The table of contents in TBRC’s aircraft elevator market report includes:
- Executive Summary
- Aircraft Elevator Market Characteristics
- Aircraft Elevator Market Trends And Strategies
- Aircraft Elevator Market – Macro Economic Scenario
- Aircraft Elevator Market Size And Growth
…..
- Africa Aircraft Elevator Market
- Aircraft Elevator Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Aircraft Elevator Market
- Aircraft Elevator Market Future Outlook and Potential Analysis
- Appendix
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