Please Wait.....
Report
Aircraft Mounts Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 120 Pages I Mordor Intelligence
The Aircraft Mount Market is anticipated to register a CAGR of 8% during the forecast period.
The COVID-19 pandemic had a negative effect on the aircraft mount market. The onset of the pandemic led in declining in the number of air passenger traffic as well grounding of various flights worldwide. The pandemic also led to a shortage in terms of materials and components which are required by the manufacturers to manufacture the aircraft mounts. Moreover, the pandemic also led to a significant decline in air travel thereby limiting the growth of aircraft mounts. A shortage in the components owing to regulations associated with the import and export of goods also led to a negative effect on the market. Travel bans and lockdowns also hampered the market. On the other hand, the decline in the number of COVID-19 cases led to the market witnessing gradual growth. A rise in the number of air passenger traffic as well as the opening up of borders has also led to growth in air travel in various countries. This, in turn, has propelled the growth in aircraft mounts and the opening of borders has also led to availability in terms of materials and components which has led to manufacturers increasing the production of aircraft mounts and meeting the demand requirements. Thus, the market is expected to witness significant growth during the forecast period.
The significant increase in air passenger traffic, the surge in the demand for new aircraft, and an increase in the maintenance, repair, and overhaul operations are the main factors that are driving the aircraft mount market. Moreover, an increasing need for providing comfort and safety to the passengers as well as an increasing need to reduce pilot fatigue on long-distance flights has led to an increase in the demand for aircraft mounts globally. Moreover, growing technological advancements and the rise in the development of customized payload mounts will also propel the growth of the market during the forecast period.
Aircraft Mounts Market Trends
The Exterior Mount is Expected to Witness Significant Growth During the Forecast Period
By mount type, the exterior mount is expected to witness significant growth during the forecast period. External mounts are mostly used in commercial as well as general aviation to improve the passenger cabin storage capacity, as well as seating constructions. In addition to pedestal mounts, other options for external mounting include multiplane, shock, platform, and sandwich mounts. The bulk of external mounts in the commercial market is installed due to the increased availability in terms of modern cabin storage and passenger comfort. Over the next few years, the aviation industry is expected to witness significant growth owing to increased safety measures for the most crucial parts of an aircraft. As external mounts do not require high maintenance as compared to internal mounts, thus the maintenance and repair of external mounts are much less as compared to internal mounts. Moreover, growth in the number of commercial aircraft owing to a rise in aviation passenger traffic will also lead to a growth in the demand for a number of external mounts for aircraft and this will lead to the market witnessing growth during the forecast.
The North American Region is Expected to Witness Significant Growth During the Forecast Period
The North American region is expected to witness significant growth during the forecast period. The increase in the number of aviation operations, increased aircraft deliveries in the region as well as increased air passenger traffic numbers will be the main reason for the growth of the market during the forecast period. On the other hand, a well-established aviation industry and increasing low-cost air travel, and the presence of various airline service providers in the area will lead to growth in the market. According to the data released by the United States Department of Transportation, in February 2022, network carriers reported 519,952 scheduled domestic flights, and of those 23,421 which accounts for 4.5 % were canceled. On the other hand, in February 2021, the same airlines reported 350,170 scheduled domestic flights and 20,201 flights that were canceled. In addition, according to the Bureau of Transportation Statistics, airline carriers in the United States carried 46.3 million scheduled service passengers in January 2022 which was more by 33.2% than January 2021.
The United States, in the present scenario, is also witnessing an increase in the number of aircraft deliveries owing to the decline of the COVID-19 pandemic in the country. Aircraft OEM Boeing, in 2022 announced that they are in plans to ramp up their production and deliveries of new aircraft. Although supply chain problems, as well as labor problems that occurred during the COVID-19 pandemic, led to hampering the delivery of aircraft, Boeing now in plans to increase their production process and deliver between 400-450 737 aircraft in the next year. This prediction by Boeing is more than the current 375 aircraft which were delivered in 2022 by Boeing. Thus, the increase in the number of aircraft deliveries will lead to an increase in the demand for aircraft mounts and this will lead to a growth of the market during the forecast period.
Aircraft Mounts Market Competitor Analysis
The aircraft mount market is highly fragmented, owing to a number of players providing different aircraft mounts based on different technologies. Some of the prominent players in the aircraft mount market are GMT Rubber-Metal-Technic Ltd., Mayday Manufacturing, Hutchinson Aerospace GmbH, Cadence Aerospace, and Trelleborg Group amongst others. Investments in the development of advanced aircraft mounts by various manufacturers for providing increased safety to the passengers and reducing damage to critical aircraft components as well as reducing pilot fatigue are expected to help them gain a competitive edge over the other competitors. Moreover, companies are also leveraging strategic collaborative initiatives to increase market share and profitability.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 Research Methodology
3 Executive Summary
4 Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 Market Segmentation
5.1 Application
5.1.1 Suspension
5.1.2 Engine Mounts
5.2 Mount Type
5.2.1 Interior Mounts
5.2.2 Exterior Mounts
5.3 Aircraft Type
5.3.1 Narrowbody Aircraft
5.3.2 Widebody Aircraft
5.3.3 General Aviation Aircraft
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Mexico
5.4.4.2 Brazil
5.4.5 Middle East
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 South Africa
5.4.5.4 Rest of Middle East
6 Competitive Landscape
6.1 Vendor Market Share
6.2 Company Profile
6.2.1 GMT Rubber-Metal-Technic Ltd.
6.2.2 Mayday Manufacturing
6.2.3 Airloc Ltd.
6.2.4 Lord Corporation
6.2.5 Meeker Aviation
6.2.6 Cadence Aerospace
6.2.7 Trelleborg Group
6.2.8 Hutchinson Aerospace GmbH
6.2.9 Shock Tech, Inc.
6.2.10 Singapore Aerospace Manufacturing Pte Ltd
7 Market Opportunities and Future Trends
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security