Aircraft Seals Market Top Manufacturers, Size, Business Scenario, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2030

Aircraft Seals Market

The global aircraft seals market size is expected to reach USD 3.05 Billion in 2031 and register a revenue CAGR of 5.3% over the forecast period, according to latest analysis by Emergen Research. The rising demand for new aeroplanes by commercial airlines and rising defence budgets are responsible for the global aircraft seals market revenue growth. Commercial airlines will need more than 43,000 new aircraft between 2020 and 2039, according to data released by the International Civil Aviation Organization (ICAO). This demand will be fueled by innovations in aircraft design configuration to improve fuel efficiency and lower the carbon footprint of the global aviation sector. The demand for hybrid and electric propulsion aircraft is also boosting the aircraft seals market’s revenue growth.

In hydraulic sealing systems used in aviation technology applications, aircraft seals are frequently used. These hydraulic sealing systems are subjected to abrasive temperature changes and unfavourable pressure environments, which causes sealing materials to age more quickly than in normal applications and, as a result, decreases the performance efficiency of seals.

Market participants are investing heavily in the creation of specialty aviation seals, such rod seals, to meet required performance standards with increased dependability. Additionally, a rise in the defense budget, which leads to the purchase of new transport and fighter aircraft for military usage, is a major driver of the aerospace seals market revenue growth. Worldwide military spending was projected to reach over USD 1,980 billion in 2020, up almost 2.6% from 2019.

COVID-19 scenario analysis

The COVID-19 pandemic epidemic has had a significant negative influence on the global market for aviation seals. Nearly all of the main countries had slower economic growth as a result of the COVID-19 epidemic, which had an impact on consumer purchasing patterns.

The supply-demand gap has widened as a result of the lockdown that has been enacted in a number of nations’ transportation systems, which has adversely affected both domestic and international supply chains.

However, given that governments have begun easing global standards for resuming economic activity, the situation is anticipated to get better.

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Some Key Findings in the Report:

Large number of sub-systems used will drive the demand for Engine System segment

The engine system application sector is anticipated to have the highest market value. The several sub-systems it consists of, including as air supply, temperature control, cabin pressurisation, avionics cooling, smoke detection, and fire suppression, can be credited with the engine system segment of the aircraft seals market’s growth. Other crucial systems like the airframe, flight control and hydraulics system, avionics and electrical system, and landing gear system also use aircraft seals.

The Dynamic Seals segment is projected to have the most revenue during the forecast period

According to type, the aircraft seals market is anticipated to be dominated by the dynamic seals segment during the forecast period. The extensive use in several applications and the fact that the majority of aircraft components are in motion rather than being stationary can be used to explain the growth of the dynamic seals section of the aviation seals market. These are frequently utilized in the hydraulic, flight control, and engine systems of aeroplanes.

The Composites segment is projected to have most revenue during the forecast period

The aircraft seals market is anticipated to have the biggest revenue share in the composites sector. Its large market share can be ascribed to the widespread usage of several types of composite materials for making aviation seals, as well as to their many demonstrated advantages, including heat resistance, good strength, good chemical characteristics, low weight, etc.

The fixed-wing aircraft segment is projected to have the highest revenue during the forecast period

The fixed-wing aircraft market for aircraft seals is anticipated to have the greatest revenue throughout the forecast period. Commercial aviation, business and general aviation, and military aviation make up the fixed-wing aircraft segment. In terms of sheer numbers, fixed-wing aircraft make up the majority of the market.

Some major companies in the market report include Parker Hannifin Corp., Ducommun Incorporated, Regal Rexnord Corporation, AB SKF, PPG Industries Inc., Trelleborg AB, Eaton Corporation PLC, STACEM, DP Seals Ltd., Brown Aircraft Supply Inc., Jaco Aerospace, Inc., and Compagnie de Saint-Gobain S.A.

Emergen Research has segmented the global aircraft seals market report based on product type, materials, aircraft type, application, end-use, and region:

  • Product Type Outlook (Revenue, USD Million; 2019–2030)

    • Static Seals
    • Dynamic Seals
  • Materials Outlook (Revenue, USD Million; 2019–2030)

    • Metals
    • Polymers
    • Composites
  • Aircraft Type Outlook (Revenue, USD Million; 2019–2030)

    • Fixed Wing Aircraft
    • Rotary Wing Aircraft
    • Unmanned Aerial Vehicles
  • Application Outlook (Revenue, USD Million; 2019–2030)

    • Aircraft Frame
    • Engine
    • Avionics & Electrical System
    • Landing Gear System
    • Flight Control & Hydraulics System
  • End-Use Outlook (Revenue, USD Million; 2019–2030)

    • OEM
    • Aftermarket
  • Regional Outlook (Revenue, USD Million; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. Italy
      5. Spain
      6. Sweden
      7. BENELUX
      8. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. U.A.E.
      3. South Africa
      4. Israel
      5. Rest of MEA

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/aircraft-seals-market

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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