Additive Manufacturing to Redefine Current Production Technology in Aerospace Landscape
Key manufacturers of aerospace floor panel are strengthening their additive manufacturing (AM) strategy to not just address challenges pertaining to high manufacturing costs, but also achieve reduced tooling, improved performance, and a reduction in the number of parts.
A revolutionary shift towards novel technologies and improved processes like additive manufacturing is not limited to single components but advances to more complex systems with variable designs.
With an aim to re-invent manufacturing processes and make it more competitive and agile, additive manufacturing is bringing in efficiencies consistent with the shorter development processes, allowing design complexity, and enhanced performance and reliability. In the future, adoption of additive manufacturing would enable companies to de-risk and corroborate ideas in a virtual environment.
Increased Adoption of Advanced Construction Materials in the form of Composites Trending
Superior physical properties including exceptional strength and stiffness-to-density ratios have led to increased adoption of composite material in aircraft components manufacturing.
A combination of at least two distinctive material compositions that neither dissolves or melts together, composite materials are mostly preferred over conventional metal alloys considering high mechanical and thermal properties while having low weight and cost.
Composite materials including Polymer matrix composites (PMC), Metal Matrix Composites (MMC), and Ceramic Matrix Composites (CMC) have found widespread adoption in the aerospace industry. Material innovations like hybrid composites, nanocomposites, and biocomposites will further enhance aircraft performance.
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Honeycomb Structures to Present Component Designing Potential over Conventional Models
With a focus on weight reduction and increased longevity, industry experts have been studying the potentiality around combining carbon fiber and additive manufacturing—together applied to honeycomb sandwich structures.
Key manufacturers of aerospace floor panel are increasingly using Honeycomb structures to achieve superior durability and excellent flexural and shear strength compared to conventional OEM aerospace floor panels.
Used extensively in both commercial and military air carriers, aerospace floor panel is honeycomb structure bonded providing ultimate high performance.
RFID-Enabled Aircraft Components Manufacturing To Link Materials and Information Flow
To perfectly synchronize physical flow of components and related information flow without human intervention, the aircraft components manufacturers are deploying RFID technology in workstations, wherein scanners read the data and commands corresponding to robots and its systems.
An application of RFID gathering much appreciation is controlling the tools in the dynamic manufacturing environment to efficiently use them during the work shifts.
Moreover, tools used either for shared and specific task or lost and forgotten in the manufacturing plant, RFID holds the potential to manage systems pertaining to each tool and optimize its usage and application time—especially for expensive, specialty tools.
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Manufacturers Exploring Noise Control Options for Aircraft Floors
Since, aerospace floors are large radiating bodies, consumers and regulatory authorities have been demanding cost-effective technologies to explore noise control options. Manufacturers are exploring light weight alternatives for aircraft floor vibration reduction.
Studies project that Enidamp, an innovative damping treatment is the most effective option for controlling floor vibrations up to the frequency of 1500 Hz. Moreover, a combination of vibration isolators and Enidamp is considered even more efficient as it obtains the most constant attenuation curve required for floor vibration control.
A combination like this is achieved with isolators between the floor base and the aerospace floor panel with the damping treatment, Enidamp.
Competitive Landscape: Global Aerospace Floor Panel Market
The aerospace floor panel market is a highly consolidated market with a few specialty players holding a sizable revenue share.
Key players in the global aerospace floor panel market include
- Triumph Group
- Rockwell Collins
- Avcorp Industries
- The Gill Corporation
- EnCore Group and NORDAM Group
A thorough research by Fact.MR predicts that adoption of materials to reduce the aircraft weight, technological innovations, new product development (NPD), and strategic collaborations with new and established players are the top strategies likely to define the future course of the global aerospace floor panel market.
In its report, Fact.MR has comprehensively evaluated each market leader, including their market competitiveness, product strategy, business strategy, and go-to-market strategy.
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Market Definition: Global Aerospace Floor Panel Market
Aerospace floor panels are complex structures that includes an inboard layer, an inboard interlock layer, a core layer, and outboard interlock layer, and an outboard layer. Floor panels are honeycomb structure bonded that provides high performance and reduced panel weight.
Honeycomb sandwich panels are used extensively for flooring in both military and commercial aircraft as it offers rigidity and shock and resistance to fatigue, weather, chemicals and fire.
About the Report: Global Aerospace Floor Panel Market
The global aerospace floor panel market holds promising growth prospects in the coming years, with the market expanding at a significant CAGR through the forecast period.
Spread over 13 comprehensive chapters, the report on global market for aerospace floor panel offers key insights on the current and future prospects further defining the growth trajectory of the market.
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Additional Questions: Global Aerospace Floor Panel Market
Q.1. What are the key market drivers, restrains, and future opportunities affecting the future market dynamics?
Q.2. What are the forward market strategies adopted by key players in the aerospace floor panel landscape to solidify their market positions?
Q.3. Out of OEM and Aftermarket, which segment would register the significant revenue generator and why?
Fact.MR, in a recently published report, has comprehensively analyzed the global aerospace floor panel market, with an aim to deliver key actionable, unbiased, and accurate insights to the industry leaders and help them make informed decisions and forward market strategies.
Fact.MR has analyzed the global market for aerospace floor panels for a five-year period 2017-2022, to churn out a set of valued insights on the performance of various regional markets, along with other market dynamics including key drivers and challenges, shaping the overall growth of aerospace floor panel market during the aforementioned timeline.
Covered in 13 chapters, the report on aerospace floor panel market also offers a detailed investigation of the key leaders and their present strategies addressing rising demands of the aerospace landscape.
Chapter 1: Executive Summary – Aerospace Floor Panel Market
The report makes an opening with a crisp summary of the global aerospace floor panel market. At the very beginning, the executive summary defines the scope of the report.
The executive summary including decisive insights, statistics, and data on the global aerospace floor panel market.
Chapter 2: Overview - Aerospace Floor Panel Market
In the overview section, the report begins with a standard market introduction and definition of the product- aerospace floor panel. Further on, the report also presents a year-on-year growth graph with calculated values, giving the readers a holistic view of the future market direction over the forecast period of 2017-2022.
The next section elaborates on the various impactful macroeconomic factors, bearing an influence on the overall market growth of aerospace floor panel, globally.
Key macroeconomic and impact factors offered to the users includes the overall economic outlook, international policies governing the aerospace industry, supply-chain issues, technological innovations, R&D spends, and design complexities influencing greater emphasis on platforming.
With an aim to keep users at par with the latest updates and technological developments, the report goes on to assay an exhaustive assessment of the key trends influencing the performance of aerospace floor panel market, projected to play a critical role in helping manufacturers formulate key forward market strategies.
Key pointers pertaining to cost structure, pricing analysis, raw material sourcing strategy and analysis, intensity mapping of key players, competitive assessment including product offerings and key financials, and future technology trends are also assessed in the report.
Considering the extensive scope of the aerospace floor panel market report, Fact.MR gives an expansive segmental breakdown—analyzed by market value share in specific regions.
Chapter 3: Analysis and Forecast by Aircraft Type - Aerospace Floor Panel Market
This chapter offers aerospace floor panel market segmentation, market size and forecast on the basis of aircraft type– narrow-body, wide-body, very large aircraft, and general aviation.
Chapter 4: Analysis and Forecast by Core Material - Aerospace Floor Panel Market
This section provides segmentation of aerospace floor panel market based on the type of core material used, which includes Nomex Honeycomb and Aluminum Honeycomb. In a region-wise analysis, this section gives an in-depth comparison apropos to revenue, market share, and Y-o-Y growth.
Chapter 5: Analysis and Forecast by End User - Aerospace Floor Panel Market
This section offers an analysis of the end user segment, categorized into OEM and Aftermarket aerospace floor panel market.
Chapter 6: Analysis and Forecast by Region - Aerospace Floor Panel Market
This division of the aerospace floor panel market report assays encapsulates an extensive assessment of five key regions operating in the global landscape.
Each region has been further evaluated on the basis of all the three key segments – aircraft type, core material, and end user.
Chapter 7-12: Country Specific Analysis of Key Regional Markets for Aerospace Floor Panel
This section primarily focuses on region-wise analysis of the global aerospace floor panel market in North America (US, Canada), Latin America (Mexico, Argentina, Brazil), Europe (UK, Germany, France, Spain, Italy, Nordic), Japan, APEJ (China, India, Malaysia, Australia, Thailand, Singapore), and MEA (GCC Countries, South Africa, Israel, Nigeria).
Chapter 13: Competition Profiling - Aerospace Floor Panel
In the concluding section of the report, Fact.MR has evaluated top 9 players in the aerospace floor panel market, with a detailed emphasis on the company profiles, winning strategies, and key company developments.
The information valuated in the report is projected to benefit not just key players, presently dominating the aerospace floor panel market, but also emerging, promising new players and key value chain stakeholders such as raw material suppliers and manufacturers.
Publication journals and magazines specifically interested the aerospace industry dynamics, would also be greatly benefitted.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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