LONDON, March 2, 2016 /PRNewswire/ -- Summary
For the last 10 years, Airbus and Boeing have sold and built planes at a record pace. Will this continue into the next decade, or is there change in the air?
Are Airbus and Boeing positioned to handle an increase in commercial aircraft, which analysts say will be necessary to satisfy future demand?
Will Airbus and Boeing continue to reign as leaders in the air, or will increased competition from other aircraft manufacturers chip away at this empire?
Which regions or countries are most likely to profit from increased demand? How will this affect the connector suppliers supporting the civil aviation market?
What peripheral markets are driven by the civil aviation market? How will technology changes, such as increased computerization, robots, and outsourcing, affect this industry?
What connector types are poised to show significant growth as the industry expands? What connectors will be used in additional passenger conveniences? Or used in applications to decrease fuel consumption? And, what connections will be needed as drones and spacecraft are commercialized?
The aviation industry is comprised of commercial and general aviation, as well as commercial spacecraft, drones, and training equipment. The civil aviation market has expanded greatly over the last decade, but what does the future hold? Will this expansion continue, and at what pace and cost? This report analyzes these topics and other decisive trends relevant to the growth and stability of this market sector. The report looks at the past, present, and future of the civil aviation market, and provides valuable insight to companies whose products or services are utilized now, or will be used in the future, in this dynamic market.
Bishop and Associates Inc. announces the release of a new five chapter, 179 page research report providing both qualitative and quantitative analysis of the global civil aviation market for connectors. Comprised of the commercial aviation and general aviation markets, as well as the aftermarket (MRO) and the commercial markets for drones, UAVs and spacecraft, the civil aviation industry is a very dynamic, challenging industry that drives a large ecosystem of industries and companies around the globe.
Industry connector sales for the years 2013, 2014, 2015E, and 2020F are provided for each aviation market segment. Market segments have been sub-divided by product type and global region.
The commercial aviation market is by far the most dominant market segment in the civil aviation industry and represents approximately 70% of total connector consumption in the industry. In 2014 there were an estimated 21,600 aircraft in service for commercial aviation, and according to forecasts by Boeing and Airbus, an estimated 35,000 to 38,000 new aircraft will be needed over the next 20-years.
For connector manufacturers the most relevant applications in the commercial and general aviation segments are related to:
Aircraft Engines
Airframes – EWIS
Avionics and Control Systems
Interiors and In-flight Entertainment
Landing Gears
The industry is highly regulated and awash with technical requirements and industry standards, making this a market with relative high entry barriers for newcomers. There are also connector designs, e.g. ARINC, used specifically in aviation applications.
While the industry has experienced an increase in order intake over the last few years, it appears we have now entered a cooling off period, although the long-term outlook remains positive. What may change is the dynamics of the market. Newcomers in the market for commercial aircraft, particularly Chinese and Russian plane manufacturers, may start to take market share from industry leaders Boeing and Airbus. Loss of market share could depend on how the leaders deal with backlog in terms of production output and annual deliveries, which could affect annual connector consumption and the overall competitive arena.
In addition to providing connector consumption data by market segment, region and product category, the report also looks at the leading manufacturers (OEMs) in the industry, their suppliers, and their forecast for the next decade. Profiles are provided for a number of leading connector manufacturers servicing the civil aviation market.
Download the full report: https://www.reportbuyer.com/product/3606272/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
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