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Aircraft Window Frame Market to reach US$ 133.3 million in 2023

 


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The Global Aircraft Window Frame Market: Highlights The global aircraft window frame market is projected to grow at a healthy rate over the next five years to reach US$ 133.3 million in 2023. Increasing commercial and regional aircraft deliveries to support rising air passenger and freight traffic; increasing production rates of the next-generation aircraft programs, such as B787 and A350XWB; growing trend of larger windows; and high focus on the development of lightweight frames to achieve higher fuel efficiency and carbon emission reduction are the key drivers of the aircraft window frame market. Aircraft Window Frame Market - Insights by Aircraft Type: The global aircraft window frame market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation. Narrow- and wide-body aircraft are likely to remain the growth engines of the market during the forecast period, propelled by increasing production rates of key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; introduction of fuel-efficient variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777x.

Aircraft Window Frame Market - Insights by Material Type: The market is bifurcated into Metal Window Frame and Composite Window Frame. The metal window frame is likely to remain the more dominant material type in the market over the next five years. Metal window frames have an excellent track record with the availability of good repair technology across regions and the industry personnel having excellent knowledge of the materials.

Low cost is another key countable factor of metal windows in an aircraft. However, the composite window frame is expected to grow with higher growth during the forecast period as composite window frame brings considerable weight savings as compared to the conventional metal window frames. Also, composite window frames are more durable and offer high strength-to-weight ratio than the metal window frames. It is expected that major airframers will opt composite window frame for their upcoming fuel-efficient aircraft. Aircraft Window Frame Market - insights by Product Type: Cabin window frame is likely to remain the dominant segment of the aircraft window frame market over the next five years. In recent years, the major aircraft manufacturers are squeezing more number of seats in an aircraft in order to generate additional revenue.

For instance; Boeing has added two more rows (12 seats) in 737 Max than the B737-700. Also, Boeing announced in 2017 to reconfigure its fleet of Boeing 737-800 Next Generation (NG) aircraft by increasing seating capacity from 177 to 186 seats. This further aids the demand for cabin window frame in the industry.

Aircraft Window Frame Market - insights by Region: North America is expected to remain the most dominant region in the aerospace window frame market. The region is the manufacturing hub of the aerospace industry with the presence of the several small- to large-sized aircraft manufacturers, tier players, distributors, and raw material suppliers. Asia-Pacific is likely to depict the highest growth during the same period, driven by China, and Japan.

Both countries would remain the growth engines of the region’s market for aircraft window frames over the next five years. The supply chain of this market comprises raw material manufacturers, window frame manufacturers, aircraft transparency (glass) manufacturers, aircraft OEMs, and airlines. The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airlines are American Airlines, Southwest Airlines, Lufthansa, Delta Air, Air China, and Singapore Airlines.

SOURCE: https://www.stratviewresearch.com/106/aerospace-window-frame-market.html.

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