The Aircraft Doors 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 Doors Global Market Report 2024, The aircraft doors market size has grown strongly in recent years. It will grow from $5.3 billion in 2023 to $5.79 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to economic growth, fleet expansion, safety and security regulations, rise in air traffic, rise in government investments.
The aircraft doors market size is expected to see strong growth in the next few years. It will grow to $8.2 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to new aircraft programs, e-commerce and cargo growth, aging fleet replacement, infrastructure investments, increasing tourism activities. Major trends in the forecast period include lightweight materials, smart and connected doors, enhanced security features, digital twin technology, 3d printing.
The growth of aircraft production is expected to propel the growth of the aircraft doors market going forward. Aircraft production refers to the manufacturing of aircraft, which is a vehicle that can fly. The aircraft doors such as passenger exit doors, emergency exit doors, and service doors are fixed in the aircraft while manufacturing an aircraft. The aircraft doors maintain the necessary internal pressure of an aircraft and ensure the safety of the aircraft. For instance, in November 2022, according to a report published by CAPA – Centre for Aviation, Airbus and Boeing, OEMs expect to deliver more than 1000 aircraft in 2022, and both plans call for stepping up production even more in 2023. In 2021, the two OEMs together delivered 898 aircraft. The two OEMs delivered a combined total of 766 commercial aircraft during the first three quarters of 2022. Therefore, the growth of aircraft production is driving the growth of the aircraft doors market.
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The aircraft doors market covered in this report is segmented –
1) By Door Type: Passenger Doors, Cargo Doors, Emergency Doors, Service or Access Doors, Landing Gear Doors, Other Door Types
2) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft, Very Large Body Aircraft, Regional Aircraft
3) By Operating Mechanism: Manual, Hydraulic
4) By Application: Commercial Aviation, Military Aviation
5) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
Technological advancements are the key trends gaining popularity in the aircraft doors market. Major companies operating in the aircraft doors market are developing advanced technologies to sustain their position. For instance, in April 2021, All Nippon Airways Co., Ltd., a Japan-based airline company, partnered with JAMCO Corporation to develop the first hands-free door in the world, enabling simple access to restrooms on its aircraft. Passengers can use their elbows to unlock the hands-free door, which has a large inner door locking knob and an additional handle.
Top Major Players
Hindustan Aeronautics Limited,
Bombardier Inc.,
Aernnova Aerospace S.A.,
Groupe Latécoère,
Saab AB, Elbit Systems Ltd.
The aircraft doors market report table of contents includes:
1. Executive Summary
- Aircraft Doors Market Characteristics
- Aircraft Doors Market Trends And Strategies
- Aircraft Doors Market – Macro Economic Scenario
- Global Aircraft Doors Market Size and Growth
- Aircraft Doors Market Segmentation
- Aircraft Doors Market Regional And Country Analysis
………… - Key Mergers And Acquisitions In The Aircraft Doors Market
- Aircraft Doors Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Aircraft Doors Market, Segmentation By Door Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Aircraft Doors Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Aircraft Doors Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…………..
Table 75: Hindustan Aeronautics Limited Financial Performance
Table 76: Bombardier Inc. Financial Performance
Table 77: Aernnova Aerospace S.A. Financial Performance
Table 78: Groupe Latécoère Financial Performance
Table 79: Saab AB Financial Performance
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