Home > Aerospace and Defense > Aerospace Materials > Metals and Composites > aerospace defense ducting market
Get a free sample of Aerospace & Defense Ducting Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Aerospace & Defense Ducting Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
The aerospace & defense ducting market share is highly competitive owing to the presence of major players including
Key industry participants are involved in different strategies such as product development, joint ventures, mergers & acquisitions, and contractual agreements to expand their business operations. For instance, in October 2018, Arrowhead Products announced new partnership with STS Component Solutions for expanding their distribution network across the globe.
Aerospace ducting will experience significant installation across commercial aircrafts owing to consistent rise in disposable incomes, air passenger traffic and global cargo movement.
North America is one of the largest markets for aerospace and defense products owing to presence of leading aircraft and parts manufacturers as well as strong industry contracts and agreements.
Agencies like the FAA and ICAO have established safety standards and regulations for aircraft ducting with regards to smoke and flame resistance, impacting the product development and adoption.
The industry share of aerospace & defense ducting is estimated to exhibit over 4% CAGR from 2019 to 2025.
The market size of aerospace & defense ducting was valued at around USD 5 billion in 2018.
According to the analysts at GMI, the airframe application segment will account for over USD 4.2 billion market revenue by 2025.