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Aerospace Floor Panels Market Share

Report ID: GMI2716
Published Date: May 2024
Report Format: PDF

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Aerospace Floor Panels Market Share

Triumph Group, Inc. and Elbe Flugzeugwerke GmbH (EFW) hold a significant share of over 15% in the market. Triumph Group, Inc. holds a major market share in the aerospace floor panels industry due to its strong reputation for manufacturing high-quality, durable, and lightweight floor panels crucial for aerospace applications. Their commitment to innovation, adherence to stringent safety standards, and ability to meet the specific needs of both commercial and military aerospace sectors underpin their leadership position in this specialized market.

Elbe Flugzeugwerke GmbH (EFW) holds a significant market share in the market due to its expertise in lightweight composite materials, which are essential for modern aerospace design. EFW's ability to provide robust, durable, and weight-efficient flooring solutions aligns with the industry's demand for fuel-efficient and environmentally friendly aircraft, securing their position as a preferred supplier in the aerospace sector.

Aerospace Floor Panels Market Companies

Major players operating in the industry are:

Triumph Group, Inc.
Elbe Flugzeugwerke GmbH
The Gill Corp.
Nordam Group
Avcorp Industries, Inc.
Zodiac Aerospace
EnCore Group

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for aerospace floor panels was worth USD 233.5 million in 2023 and is projected to expand at over 6% CAGR from 2024 to 2032, owing to the increasing demand for commercial and military aircraft worldwide.

The regional jet aircraft segment in the aerospace floor panels industry is estimated to expand at over 10% CAGR from 2024 to 2032, due to the unique requirements of regional jets including considerations for weight reduction, durability, safety, and cabin aesthetics.

The Nomex honeycomb raw material segment in the aerospace floor panels industry accounted for over 50% share in 2023 and is estimated to witness substantial gains between 2024 and 2032, owing to their lightweight nature and the ability to provide remarkable structural strength.

Asia Pacific industry is anticipated to grow at over 7% CAGR from 2024 to 2032, owing to its burgeoning aviation sector, increasing air travel demands, and the growing number of airline & aircraft manufacturers.