A wide variety of fasteners are used in the interior of an aircraft, such as bolts, screws, nuts, rivets, potted-inserts, clamps, and flanged spacers. They are used not only to join different parts of aircraft together like aircraft structure to the skin but are also used to install and to affix components, such as seats, stowage bins, and panels to the aircraft body. Fasteners have a very large share in hardware components used in an aircraft, as about 45-50% of the components used in an aircraft are fasteners.
MARKET SCOPE
The "Global Aircraft Interior Fasteners Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aircraft interior fasteners market with detailed market segmentation by aircraft type, application type, fastener type and geography. The report provides key statistics on the market status of the leading aircraft interior fasteners market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on aircraft type, the global aircraft interior fasteners market is segmented into commercial aircraft, military aircraft
- On the basis of application type, the market is segmented seats, galleys, lavatory, ducts, stowage bins, floor panel, others
- On the basis of fastener type, the market is segmented screws, bolts, nuts, potted-in inserts, panel fasteners, others
MARKET DYNAMICS
Drivers:
- The major driving factor for the aircraft interior fasteners market is an incessant increase in air passenger traffic all around the world, which is triggering an increasing production rates.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The aircraft interior fasteners market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aircraft interior fasteners market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT INTERIOR FASTENERS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the aircraft interior fasteners market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from aircraft interior fasteners market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft interior fasteners in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft interior fasteners market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Precision Castparts Corp
- LISI AEROSPACE
- Stanley Black and Decker, Inc
- Penn Engineering
- Clarendon Specialty Fasteners.
- Fastmount Ltd
- DELO
- HALCO Europe Ltd
- Kirkhill
- TriMas Aerospace