seobhushan (41)

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Aircraft Door Market is projected to reach CAGR
5.8 by 2027
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Key Insights from Aircraft Door Market

• Aircraft door market, an innate vertical of the
  thriving aviation industry, is speculated to
  generate massive gains over the span of 2021 to
  2027, primarily driven by the rise in aircraft
  production and delivery. In 2019, the global
  deliveries rose to 2,658 aircraft, up by 8.9
  from 2018, with the U.S accounting for 1,771
  aircraft deliveries. These trends are eventually
  influencing the growth dynamics and an upsurge in
  aircraft doors adoption.
• The global aircraft door market is set to surge
  to USD 6.5 billion by 2027. Reason? Increasing
  use of business jets by organizations for
  conferences and business trips. Not to mention,
  growing air passenger travel across various
  developed as well as developing nations are also
  potentially accelerating the expansion of
  aircraft door market size.

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Regional Insights in Aircraft Door Market

• Elaborating further on the doors, it would be
  pivotal to mention that cargo segment is
  projected to depict a CAGR of 3 over the
  forecast period. Thanks to the rising
  globalization which has led to an increased cargo
  movement across the world. Considering this
  growth, cargo airline companies have now been
  publicizing their plans of expanding the air
  carrier fleet to facilitate effective transport
  of freight across a wide consumer base.
• Recently, DHL Express unveiled a new cargo
  airline in Europe to meet the burgeoning demand
  for e-commerce shipments across the region. Such
  developments are paving way for escalating
  adoption of cargo doors, globally.

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Major Companies in Aircraft Door Market

• Elbit Systems Ltd.
• Hellenic Aerospace Industry
• Field Aviation
• KF Aerospace
• Mitsubishi Heavy Industries Ltd.
• Saab AB
• Airbus SE

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Industry Coverage

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