Global Defense Aircraft Materials Market By Aircraft Type, Material Type, Vendors and Geography Market Shares, Forecasts and Trends (2018-2023)
The Global Defense Aircraft Materials Market is estimated to be worth $xx.x billion in 2015 and expected to grow at a CAGR of 6.20% during the forecast period to reach $xx.x billion by 2020.
Aircraft materials are materials, mainly metal alloys, used by aircraft manufacturer. To be mission-capable military/defense aircraft must be made of best material available.
Military aircraft are available to fulfill military mission when needed. It should be of lightweight, strong, able fly faster, heat resistant, with increased agility and heavier payloads.
Globally defense aircraft materials can be categorized into four different kinds of material used:-
Aluminum alloys Steel Alloys Composite Materials-Graphite-epoxy Titanium Alloys The major players of Aircraft Materials Market are Constellium, ATI, AMG N.V., Pratt & Whitney, Toray Composites America Inc., Supply Dynamics, Airbus, SABIC's Innovative Plastics, Henkel, Aleris, Toray Industries, Alcoa Inc. Cytec Industries Inc., Boeing, RTI International, ICF International.
Increase in demand of fuel-efficient aircrafts, rise in global security issues, cheaper raw material prices, robust economic growth, Increasing demand low cost carriers, advancement in technologies are the major drivers of the Global defense aircraft materials market.
Acquisition of quality material, low cost production technologies, costly maintenance, replacement and overhaul are the major challenges for the Global defense aircraft materials market.
What the report offers
Market Definition for the specified topic along with identification of key drivers and restraints for the market. Market analysis for the global defense aircraft materials market, with region specific assessments. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares. Identification and analysis of the Macro and Micro factors that affect the global defense aircraft materials market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. Why should you buy this report?
For getting a comprehensive overview of the global defense aircraft materials market. To gain wide ranging information about the major players in this industry and the strategies adopted by them. To gain an insight about the major countries/regions in which this industry is booming and also identify the regions which are untapped.