The Aircraft Duct Market, its Growth & Major Challenges
Stratview Research has dissected Aircraft Duct market in most meaningful way so that all aspects of the market, which are of interest to firms across value chain, are properly highlighted.
The Aircraft Duct market is dominated by Nickel Alloys, while composites post highest growth.
The Aircraft Duct Market, its Growth & Major Challenges
The aircraft duct has for long been an integral part of the aircraft architecture. It performs countless functions which are critical to the flawless functioning of the aircraft.
With the handsome growth in the aircraft industry, the growth of the aircraft duct market is also expected to be impressive. The Stratview Research analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024. The report details the aircraft duct market in the most intelligent way to bring out the best actionable market intelligence for interested firms.
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Ducting is a vital component of the fluid conveyance system and air management system. Ducting facilitates the distribution of critical fluids & air throughout the aircraft. It ensures proper temperature regulation, ventilation, fluid, water and fuel flow, humidity or containment control, anti-icing etc. These are critical functions and their failure can lead to fatal consequences.
Stratview Research has dissected the market in the most meaningful way so that all aspects of the market, which are of interest to firms across the value chain, are properly highlighted.
The bleed air is of high temperature and pressure, the duct containing it needs to be of high strength and must exhibit temperature resistance. In view of such requirements, the ducts are made mostly of either metal alloys or composites. Nickel Alloys, Titanium Alloys, Stainless Steel Alloys and Composites are the materials of choice. The market is dominated by Nickel Alloys on account of superior properties.
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Stratview Research, after a methodical analysis of all the factors shaping the industry, estimates the market to grow at a modest rate of over 5% and shall reach a market value of over US$ 3.5 billion by 2024.
North America rules the roost with around half of the market share (2018), followed by Europe and Asia-Pacific.The industry is very competitive and has witnessed a flurry of Mergers & Acquisitions in the recent past, a trend which in itself is an indicator of good prospects.
One factor that stands out in the research outcome of Stratview Research report on the global aircraft duct market is the rise of no-bleed architecture incorporated by Boeing in its aircraft 787.
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In a departure from the conventional practice of using pneumatic systems and bleed manifold, Boeing 787 chose to side with no-bleed system architecture.
B787 reflects a completely new approach by shifting towards the electrical system which replaces most of the pneumatic systems found on traditional commercial aeroplanes. The recent advancement in technology allowed Boeing to incorporate a new no-bleed systems architecture in 787 that eliminates the traditional pneumatic system and bleed manifold and converts the power source of most functions formerly powered by bleed air to electric power, for example, the air-conditioning packs and wing anti-ice systems.
The transition from bleed-air power to an electric architecture reduces the mechanical complexity of B787 by more than 50% compared to B767, with a concomitant reduction in the overall requirement of ducting in the bleed air section in B787.
Will the new system challenge the hegemony of the age-old system? And how fast OEMs will incorporate the no-bleed architecture? These question can only be answered with time.
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Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future. The following are the key features of the report:
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Strategic segmentation
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Market analysis: Growth drivers and constraints, Porter’s five forces
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analysis, SWOT analysis
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Detailed Competitive Rivalry landscaping
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Market trend and forecast analysis
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Future Growth Boulevard
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