Global Aircraft Transparencies Market Size By Material (Glass, Acrylics, Polycarbonates), By Application (Windshields, Windows, Canopies), By Aircraft Type (Commercial Aircraft, General Aviation, Military Aircraft), By Geographic Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Aircraft Transparencies Market Size By Material (Glass, Acrylics, Polycarbonates), By Application (Windshields, Windows, Canopies), By Aircraft Type (Commercial Aircraft, General Aviation, Military Aircraft), By Geographic Scope And Forecast
Aircraft Transparencies Market Size And Forecast
Aircraft Transparencies Market size was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030 growing at a CAGR of 5.2% from 2023 to 2030.
The market is expanding as a result of the growing need for new aircraft, the replacement of old aircraft, the move towards lighter and more fuel-efficient aircraft, and other factors. The Global Aircraft Transparencies Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Aircraft Transparencies Market Definition
Think of the Aircraft Transparencies Market as the world of airplane windows, windscreens, canopies, and even those tiny lenses! It's all about creating, selling, and putting these transparent parts into planes. These aren't just any windows, though. They're crucial for keeping pilots and passengers safe from the elements and debris while still letting them see what's outside. They're often made from tough stuff like glass, polycarbonate, acrylic, and cool composite materials. You'll find them in all sorts of shapes and sizes, depending on the plane. And because they have to handle crazy temperatures and high altitudes, they're built to meet really strict safety standards and regulations.
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Global Aircraft Transparencies Market Overview
The necessity to replace outdated aircraft with newer, more efficient ones as well as the rising demand for new aircraft are the main factors driving the market for airplane transparencies. The desire for cutting-edge and creative transparencies is also being fueled by the usage of lightweight and fuel-efficient aircraft. Due to rising air travel demand in nations like China and India, the Asia Pacific region is anticipated to dominate the market throughout the forecast period. Due to the rising demand for new and cutting-edge aircraft, it is also projected that the North American and European markets will expand significantly.
The key companies are focusing on creating novel and cutting-edge products, growing their market share, and establishing alliances and partnerships to improve their market position. The Aircraft Transparencies Market refers to the market for the windows and windshields used in aircraft. These transparencies are made of various materials like glass, acrylics, and polycarbonates and are used for different purposes like providing visibility, regulating temperature, and protecting against the elements.
Global Aircraft Transparencies Market Segmentation Analysis
The Global Aircraft Transparencies Market is segmented on the basis of Material, Application, Aircraft Type, and Geography.
Aircraft Transparencies Market, By Material
Glass
Acrylics
Polycarbonates
Others
Based on Material, the market is segmented into Glass, Acrylics, Polycarbonates, and Others. The polycarbonate segment is expected to dominate the market due to its lightweight, impact-resistant properties and easy molding capabilities.
Aircraft Transparencies Market, By Application
Windshields
Windows
Canopies
Others
Based on Application, the market is segmented into Windshields, Windows, Canopies, and Others. The windows segment is expected to hold the largest market share due to the increasing demand for larger windows in modern aircraft to enhance passenger experience and provide better visibility to pilots.
Based on Aircraft Type, the market is segmented into Commercial Aircraft, General Aviation, Military Aircraft, and Others. The commercial aircraft segment is expected to dominate the market due to the increasing number of air passengers and the rise in the demand for fuel-efficient aircraft.
Aircraft Transparencies Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Based on Geography, the Global Aircraft Transparencies Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The North American region is expected to dominate the market due to the presence of major aircraft manufacturers like Boeing and Lockheed Martin in the region. The Asia Pacific region is also expected to grow at a significant rate due to the increasing demand for air travel and the rise in aircraft production in countries like China and India.
Key Players
The “Global Aircraft Transparencies Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are PPG Industries, Inc., Saint-Gobain S.A., Gentex Corporation, Lee Aerospace, GE Aviation, GKN Aerospace, Texstars, LLC, Mitsubishi Chemical Corporation, Pexco Aerospace, and Nordam.
These companies are actively engaged in the development and production of various types of aircraft transparencies such as windshields, windows, canopies, and lenses. They also focus on research and development activities to introduce new and innovative products in the market. Additionally, these actors engage in strategic partnerships, mergers and acquisitions, and collaborations to expand their market presence and enhance their product offerings.
Key Developments
IN 2018 – GKN Aerospace announced 2018 the development of a new technology to produce large, complex-shaped aircraft transparencies using advanced composite materials. Aerostructures Automated Processing is a technology that facilitates the faster and more cost-effective production of aircraft windows, canopies, and other transparencies.
In 2019 – PPG Aerospace introduced OPTICOR Advanced Transparency Material, a novel window shade technology for aircraft. This material provides enhanced heat rejection, glare reduction, and color stability compared to traditional window shades.
In 2022 – Texstars, a subsidiary of AIP Aerospace, announced the development of a novel lightweight, bullet-resistant aircraft window made from a combination of glass and polymer materials. This technology offers enhanced protection against ballistic impact and reduces the weight of the window by up to 50% compared to traditional materials.
Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2019-2030
Base Year
2022
Forecast Period
2023-2030
Historical Period
2019-2021
Unit
Value (USD Billion)
Key Companies Profiled
PPG Industries, Inc., Saint-Gobain S.A., Gentex Corporation, Lee Aerospace, GE Aviation, GKN Aerospace, Texstars, LLC, Mitsubishi Chemical Corporation, Pexco Aerospace, and Nordam.
Segments Covered
By Material, By Application, By Aircraft Type, and By Geography.
Customization scope
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
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Reasons to Purchase this Report
We'll dig deep into the market, looking at both the economic and non-economic stuff through segmentation. Expect to see the market value (in USD Billion) for every segment and sub-segment. We'll pinpoint the region and segment set for explosive growth and market dominance. Geography-wise, we'll break down product/service consumption, highlighting the factors influencing each region. The competitive scene will be mapped out, showcasing major player rankings, recent launches, partnerships, expansions, and acquisitions over the last five years. Plus, you'll get detailed company profiles – overview, insights, product benchmarking, and SWOT analysis for the big names. We'll also cover the current and future outlook, including growth drivers, opportunities, challenges, and restraints in both emerging and developed markets. Think in-depth analysis using Porter's five forces, giving you real market insight through the Value Chain, and a look at market dynamics, opportunities, and 6-month post-sales analyst support.
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