Global Market Study on Aerospace Floor Panel by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation) | Global Aerospace Floor Panel Market Prospects & Upcoming Trends and Opportunities Analyzed for Coming Years (2017-2022)

Dublin 2, Ireland, 2018-Jul-11 – Increasing technological innovations in aerospace industry have been driving the market competitiveness across the globe. New product developments for aircraft interiors such as floor panels are being taken by OEMs in order to provide corrosion-free components to aircrafts. FactMR’s report offers detailed analysis about the Global Aerospace Floor Panel Market for the Period 2017-2022, and offers actionable insights on future market direction.

The scope of the report is to analyze the global aerospace floor panel market for the period 2017-2022 and give readers an accurate, unbiased analysis. Aerospace floor panel manufacturers, suppliers, and stakeholders in the overall aerospace industry can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading aerospace journals and trade magazines.

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An aircraft’s bodyweight plays the most crucial role in factoring its fuel efficiency. In the global aviation industry, manufacturers of aerospace floor panels are aware that these flooring units will significantly contribute in bulking up the airplane’s gross weight. For construction of all aircraft segments, from narrow-body to wide-body, the demand for lightweight floor panels is prevalent. However, materials used in production of aerospace floor panels are expected to provide utmost rigidity without increasing their weight. The global market for aerospace floor panels is expected to witness the emergence of innovative materials that can facilitate these intricate requirements, and ultimately, improve the mileage of commercial aircrafts.

Aerospace floor panels are preassembled units of floor joists used for flooring purposes in the construction of an aircraft.  From cockpit to the tail end of fuselage, aerospace floor panels facilitate the need for subflooring and finished flooring throughout the body of an aircraft, and are also used as support for the airplane’s interior walls, beams and columns.

Rising Component Costs in Developing Countries May Pose a Challenge

Component costs have traditionally remained low because OEM’s were able to exploit the high fragmentation and intense competition that exists among suppliers in the developed world. However, this is no longer the case as the situation has dramatically changed in the last ten years and automakers are only able to get a reduction in prices to the extent of 20% of component costs. Even emerging markets are expected to witness a price rise and a supplier scramble to get the best possible deals is expected. All these factors will directly impact the aerospace floor panel market.

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Even though the aircraft industry has not been immune to the trend of ‘downsizing and cost-cutting’, very large aircrafts have surprisingly shown marked growth. The very large aircraft segment is anticipated to grow significantly during the forecast period. While North America and Europe remain fairly steady, APEJ should account for a bigger portion of the very large aircraft aerospace floor panel market in the days to come.

Nomex and Aluminium Honeycomb Two Options in Aerospace Floor Panel Market

It is estimated that the nomex honeycomb segment will grow at a steady CAGR during the forecast period. The revenue share of nomex honeycomb is anticipated to witness an increase during the forecast period. Nomex’s gain is Aluminium’s honeycombs loss as the latter will account for relatively lesser revenue share of the aerospace floor panel market. Aluminium honeycomb is not forecast to exceed nomex honeycomb during the period studied as the value of the former will only touch US$ 187 million by the end of 2022.

OEM Segment Vital in the Aerospace Floor Panel Market

With a steady CAGR during the forecast period, the OEM segment of the aerospace floor panel is projected to grow to surpass US$ 400 Mn in revenues by the end of the forecast period. With a significant revenue share, it is not surprising that all attention is on this critical segment of the aerospace floor panel market.

Overall, the global aerospace floor panel market is anticipated to expand at a significant CAGR during the forecast period. The market will continue to be influenced by the parent aerospace industry, which in turn, is massively impacted by changed in government regulations.

Table of Contents

Chapter 1. Global Aerospace Floor Panel Market – Executive Summary. 22

Chapter 2. Global Aerospace Floor Panel Market Overview. 24

2.1. Introduction. 24

2.1.1. Global Aerospace Floor Panel Market Taxonomy. 24

2.1.2. Global Aerospace Floor Panel Market Definition. 24

2.2. Global Aerospace Floor Panel Market Size (US$ Mn) and Forecast, 2012-2022. 25

2.2.1. Global Aerospace Floor Panel Market Y-o-Y Growth. 25

2.3. Global Aerospace Floor Panel Market: Macroeconomic Factors. 25

2.3.1. Economic Outlook. 25

2.3.2. International Policy. 26

2.3.3. Profitability of Enterprises. 26

2.3.4. Increasing Purchasing Power of Middle Class. 26

2.3.5. Complex Eco System. 26

2.3.6. Supply chain Issues. 27

2.3.7. End-user Sentiment. 27

2.4. Global Aerospace Floor Panel Market Impact Factors. 27

2.4.1. The Influence of China. 27

2.4.2. Innovations in Technology. 27

2.4.3. Dilemma on Shift to New Technologies. 28

2.4.4. Disruption in Traditional Business Models. 28

2.4.5. Rising Component Costs in Developing Countries. 28

2.4.6. Shrinking Product Development Time. 28

2.4.7. Fluctuating Input costs. 29

Continued………………………

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