According to a new market report published by
Lucintel, the future of the global aerospace control surface market looks good with
opportunities in commercial aircraft, regional aircraft, general aviation, and
military aircraft segments. The
aerospace control surface market is expected to reach an estimated $4.3 billion
by 2021 at a CAGR of 3.1% from 2016 to 2021. The major growth drivers of this
market are increasing demand for commercial aircraft and the launch of several new
aircraft including the Comac C919, Mitsubishi Regional Jet (MRJ), and Sukhoi Super Jet 100.
In this market, flaps, slats, spoilers,
rudder, elevator, and aileron are major control surfaces by product type. On
the basis of comprehensive research, Lucintel
predicts that the demand for spoilers will show the highest growth
in the forecast period.
Within
the global aerospace control surface market, the commercial aircraft segment is
expected to remain the largest market as commercial aircraft has highest number
of control surfaces.
North America is expected to remain the
largest region due to presence of aircraft manufactures and aircraft component
manufactures that create the largest customer base for aerospace control
surface market.
Asia Pacific is expected to witness the highest growth over the
forecast period due to increase in aircraft delivery and start in
delivery of COMAC.
For business expansion, Lucintel’s report suggests mergers and
acquisitions as players in this market are joining to broaden product
portfolios and gain market share. Some of the key players of the aerospace
control surface market are Boeing Aerostructres Australia, Spirit Aerosystem, Triumph
Aerostructure, Aernnova, and GKN Aerospace.
Lucintel, a leading global strategic
consulting and market research firm, has analyzed growth opportunities in the
global aerospace control surface market by product type, aircraft type, control
surface type, material type and region, and has compiled a comprehensive
research report entitled, “Growth
Opportunities in the Global Aerospace Control Surface Market 2016-2021: Trends,
Forecast, and Opportunity Analysis.” This Lucintel report serves as a
spring board for growth strategy, as it provides a comprehensive data and
analysis on trends, key drivers, and directions. The study includes a forecast
for the growth opportunities in the global aerospace control surface market by product
type, aircraft type, control surface type, material type, and region, as
follows:
By Control
Surface Type (Value $
million from 2010 to 2021):
|
·
Primary Control Surface
·
Secondary Control Surface
By Aircraft
Type (Value $ million
from 2010 to 2021):
·
Commercial
Aircraft
·
Regional
Aircraft
·
General
Aviation
·
Military
Aircraft
By Product Type (Value $ million from 2010 to 2021):
·
Flaps
·
Slats
·
Spoilers
·
Ailerons
·
Elevators
·
Rudder
By Material (Value $ million for 2015):
·
Composite
·
Aluminum
·
Others
By Region (Value $ million from 2010 to 2021):
·
North America
·
Europe
·
Asia Pacific
·
Rest of World
This
118-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings
include Aerospace
Report, Defense
Market Report, SWOT Matrix, Due Diligence
and Mergers
& Acquisitions.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries.
For further information, visit www.lucintel.com.
This
report answers the following key questions:
Q.1 What are some
of the most promising, high-growth opportunities for the global aerospace
control surface market by control surface type (primary control surface and
secondary control surface), aircraft type (commercial aircraft, regional
aircraft, general aviation, and military aircraft), by product type (flaps, slats,
spoilers, elevators, ailerons, and rudder), by material (composite, aluminum,
and others) and by region (North America, Europe, Asia Pacific, and the Rest
of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3
Which region will grow at a faster pace and why?
Q.4 What are the
key factors affecting market dynamics? What are the drivers and challenges in
this market?
Q.5 What
are the business risks and threats of this market?
Q.6 What are some changing demands of
customers in the market?
Q.7 What are the new developments in the
market? Which companies are leading these developments?
Q.8 Who are the major players in this market? What
strategic initiatives are being implemented by key players for business
growth?
Q.9 How is the competitive rivalry and threat of substitution in this
market?
Q.10 What M&A activity has occurred in the last 5
years?
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