According to a new report published by Allied Market Research, titled, βAircraft Actuators Market,” The aircraft actuators market was valued at $14.5 billion in 2021, and is estimated to reach $24.1 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. In 2021, Asia-Pacific region dominated the market in terms of revenue, …
Tag Archives: Aircraft
Fast and Safe : Understanding the Importance and Function of Aircraft Evacuation Slides
ππ¨π© π’π¦π©ππππ’π§π πππππ¨π«Increase in demand for new aircraft, increase in the number of passengers opting for air travel, and stringent aviation regulation by the regulatory authorities are the major factors drives the growth of the aircraft evacuation slide market.Long product lifecycle of evacuation slides, and existing backlogs of aircraft deliveries are the restraints that hindered …
Commercial Aircraft Market To Boost Business Worth $209 billion by 2022
Growth in the number of domestic and international air-travel passengers, significant growth in global GDP, technological advancements and tourism sector, are key drivers for growth in commercial aircraft market. Further, innovation in commercial aircraft design, improved features, and eco-friendly approach are catalysts for growth in commercial aircraft with turbofan engine, while wide-body aircraft are expected …
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Aerospace Foam Market Size, Demand Analysis, Development Factors, Competitors Analysis and Overview
Aerospace Foam Market was valued at $4,584 million in 2016, and is expected to garner $7,482 million by 2023, registering a CAGR of 7.2% during the forecast period 2017 – 2023. On the basis of type segment, polyurethane foam occupied more than two-fifths share in 2016. Aerospace foams are materials used for cushioning and insulation …