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Aircraft Fairings Market Size, Share and Trends

The Aircraft Fairings Market was valued at USD 1.47 billion in 2017 and projected to reach USD 2.13 billion by 2023, at a CAGR of 7.38% during the forecast period. The objectives of this study are to analyze the aircraft fairings market, along with the provision of statistics. It also aims to define, describe, and forecast the aircraft fairings market on the basis of the application, material, platform, end user, and region. The year 2017 has been considered the base year for this study, whereas 2018 to 2023 is considered the forecast period. The research methodology that has been used to estimate and forecast the aircraft fairings market begins with capturing data on the revenues of the key aircraft fairings players through secondary sources, such as International Air Transport Association (IATA), Department of Defense (DoD), and paid databases. Aircraft fairings offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the aircraft fairings market from the revenues of key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives of the leading companies operating in the aircraft fairings market. Data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. To know about the assumptions considered for the study, download the pdf brochure The aircraft fairings ecosystem providers, such as ShinMaywa (Japan), Strata Manufacturing (UAE), Malibu Aerospace (US), FACC AG (Austria), Daher (France) NORDAM (US), Airbus (France), Boeing (US), Avcorp (Canada), and Barnes Group (US), among others, and the innovators of different types of aircraft fairings, such as Royal Engineered Composites (US), Fiber Dynamics Inc. (US), FDC Composites (Canada), and Kaman Aerosystems (US), among others. Based on the application, the aircraft fairings market has been segmented into flight control surface, fuselage, wings, nose, landing gear, and other. The fuselage segment is estimated to be the largest in the aircraft fairings market in 2018. The fuselage is the main and central body of a fixed-wing aircraft. It provides space for cargo, controls, accessories, passengers, and other equipment. It includes bulkheads, frames, floor beams, and stringers. In single-engine aircraft, the fuselage houses the power plant, whereas, in multi-engine aircraft, the engines may either be attached to the fuselage, or suspended from the wing structure. Based on the end user, the aircraft fairings market has been segmented into OEM and aftermarket. The aftermarket segment is expected to lead the aircraft fairings market in 2018. Various components of aircraft fairings, such as fuselage, flight control surface, nacelles, wheels, flaps, trailing edge are required to be replaced during maintenance procedures. Maintenance, Repair, and Overhaul (MRO) services are offered by companies as part of aftermarket support services. Full Report @ https://www.marketsandmarkets.com/Market-Reports/aircraft-fairing-market-41536816.html

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