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(Transportation-News.com, January 31, 2019 ) Stratview Research has published a new research report on Aerospace & Defense C-Class Parts Market. This extensive 257-page report by Stratview Research analyses the growth of Aerospace & Defense C-Class Parts Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments - ● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others) ● by Part Type (Hardware Parts, Bearing Parts, and Others) ● by Sales Channel Type (Direct Sales, Distributors, and Others) ● by End-User Type (OW sales and Aftermarket) ● and by Region (North America, Europe, Asia-Pacific, and RoW)
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Increasing commercial and regional aircraft deliveries
The aerospace c-class parts market offers a healthy growth opportunity over the next five years and will reach an estimated value of US$ 12.9 billion in 2023. Increasing commercial and regional aircraft deliveries, increasing the share of wide-body aircraft in commercial aircraft deliveries, increasing aircraft fleet size, an advancement in technology, and rising demand for lightweight and high corrosion-resistant fasteners are the key factors that are proliferating the demand for c-class parts in the aerospace & defense industry.
North America to remain the largest market
North America is expected to remain the leading region during the forecast period. The region is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized OEMs, tier players, distributors, c-class part manufacturers, and airline companies.
Top market players
The supply chain of this market comprises raw material manufacturers, c-class part manufacturers, distributors, tier players, aerospace OEMs, and airline companies. The key distributors are Wesco Aircraft, Kellstrom industries, and Aviall Services. The key aerospace OEMs are Boeing, Airbus, COMAC, Bombardier, Embraer, ATR, Lockheed Martin, Cessna, and Gulfstream. The key c-class part manufacturers are Arconic Corporation, Precision Castparts Corporation, Lisi Aerospace, Amphenol Corporation, Eaton Corporation, Stanley Black & Decker, TriMas Corporation, and RBC Bearings Incorporated. New product development, collaboration with tier players and OEMs, and formation of long-term contracts are the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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