The Aircraft Tube And Duct Assemblies Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aircraft Tube And Duct Assemblies Global Market Report 2024, The aircraft tube and duct assemblies market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to rising demand for air travel, increasing aircraft fleet, growing defense expenditure, increasing emphasis on fuel efficiency, expansion of MRO services. Major trends in the forecast period include adoption of lightweight materials, advancement in composite materials, implementation of advanced manufacturing technologies, integration of smart sensors and IoT-enabled systems, development of integrated duct and tube systems, integration of noise-reducing technologies.
The expansion of aerospace manufacturing capabilities is expected to propel the growth of the aircraft tube and duct assemblies market going forward. The aerospace manufacturing capabilities are fueled by the increased demand for new aircraft, investments in research and development, and the push for more efficient production methods. Aircraft tube and duct assemblies actively support aerospace by facilitating the efficient and secure flow of air, fluids, and gases within aircraft structures, ensuring optimal operational performance and safety. For instance, in November 2023, according to the International Trade Administration, a UK-based government organization, the UK’s civil aerospace turnover totaled approximately $34.5 billion in 2022, while the UK space industry turnover was about $22 billion in 2021, with $9.5 billion of that amount being exported. Therefore, expanding aerospace manufacturing capabilities is driving the aircraft tube and duct assembly market.
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The aircraft tube and duct assemblies market covered in this report is segmented –
1) By Duct Type: Rigid, Semi Rigid, Flexible
2) By Material: Steel, Nickel, Titanium, Aluminum, Composite, Inconel
3) By Application: Engine Bleeds, Thermal Anti-Ice, Pylon Ducting (HVAC) Enamel, Fuselages, Inlets And Exhausts, Environment Control Systems (ECS), Lavatories, Waste Systems
4) By Sales Channel: Original equipment manufacturers (OEMs), Aftermarket
5) By End User: Commercial Aircrafts, Military Aircrafts, Other End Users
Major companies operating in the aircraft tube and duct assemblies market are developing innovative products with advanced thermoplastic materials to enhance structural strength, reduce maintenance costs, and improve fuel efficiency in aerospace applications. Thermoplastic materials improve aircraft tube and duct systems by providing high strength-to-weight ratios, corrosion resistance, ease of manufacturing, and excellent thermal and acoustic insulation, enhancing overall efficiency and reducing maintenance costs. For instance, in July 2021, Northrop Grumman, a US-based aerospace and defense company, received Federal Aviation Administration (FAA) approval to utilize ESD PEKK, an advanced aerospace thermoplastic. ESD PEKK dissipates static, provides thermal stability and chemical resistance, and mitigates radiation damage. It integrates discontinuous carbon fibers through additive manufacturing, ensuring effective static discharge in critical aerospace systems and enhancing durability in aircraft tube and duct assemblies, meeting stringent aerospace standards.
The aircraft tube and duct assemblies market report table of contents includes:
1. Executive Summary
2. Aircraft Tube And Duct Assemblies Market Characteristics
3. Aircraft Tube And Duct Assemblies Market Trends And Strategies
4. Aircraft Tube And Duct Assemblies Market – Macro Economic Scenario
5. Global Aircraft Tube And Duct Assemblies Market Size and Growth
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32. Global Aircraft Tube And Duct Assemblies Market Competitive Benchmarking
33. Global Aircraft Tube And Duct Assemblies Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Aircraft Tube And Duct Assemblies Market
35. Aircraft Tube And Duct Assemblies Market Future Outlook and Potential Analysis
36. Appendix
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