Aircraft Mount: Introduction
- Mounts are safety equipment that are used in aircrafts to prevent shocks, reduce vibrations, reduce unwanted movement of aircraft components, and also to fit various aircraft components to the aircraft structure
- Of all the types of aircraft mounts, engine mounts- which limit the excessive movement of an engine when the engine witnesses abnormal load or shocks, are expected to project the highest growth during the forecast period
- The global tourism and aviation industry was badly hit due to spread of the COVID-19 pandemic, and international arrivals slumped by more than 74% in 2020 compared to 2019, which affected the market for aircraft mounts due to a drop in demand for new aircraft as well as for replacement equipment. But, with considerable resumption in travel and tourism, the market is expected to pick up to pre-COVID levels by 2024, thereby boosting the aircraft mount market.
Increased concern for safety expected to drive market growth
- The market for aircraft mounts is experiencing growth with increasing demand for passenger safety and comfort during flights,
- Increasing defense expenditure by countries across the globe to ensure safe and comfortable aerial military operations has also boosted the aircraft mount market
- Also, growing air passenger traffic and the subsequent increase in demand for new aircrafts has propelled the growth of the aircraft mounts market
- Stringent safety regulations by aviation regulatory bodies of various countries is also fueling the growth of the market
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North America expected to lead market share for “OEM and Replacement” segment during the forecast period
- In terms of region, the aircraft mounts market can be divided into North America, Asia Pacific (APAC), Europe, South America, and Middle East & Africa
- Considering the supply side, North America is expected to lead the global market in terms of production, operation, and export of aircraft mounts
- The rising air passenger traffic in countries such as India, Japan, and China is expected to significantly drive the market for aircraft mounts in APAC during the forecast period
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Key Players Operating in the Aircraft Mount Market
The global aircraft mount market is fragmented and competitive. Many players are focused on creating competitive advantage by using 3D printing technology for the development of aircraft mounts. Major players in the global aircraft mount market that have been covered in the report are:
- Mayday Manufacturing
- Meeker Aviation
- Lord Corporation
- AirLoc Ltd.
- Hutchinson Aerospace GmbH
- National Products Inc. (NPI)
- Shock Tech, Inc.
- VMC Group
- Trelleborg AB
- GMT Rubber
- Cadence Aerospace LLC
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
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3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
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