The global aerospace floor panel market is predicted to increase due to continued manufacturing of commercial and regional aircraft, growing fleet size, surging requirements for lightweight aircraft flooring, and increasing advances in flooring technology. Aircraft manufacturers are working on enhancing engine performance and employing composite materials for interiors to make their fleets more fuel efficient. Fact.MR just published a report that gives an in-depth analysis of the worldwide aerospace floor panel market from 2021 to 2031.
Global Aerospace Floor Panel Market Competitive Landscape
The aircraft floor panel industry is extremely consolidated, with only a few niche players accounting for a significant portion of sales.
Key players in the global aerospace floor panel market include
- Triumph Group
- Rockwell Collins
- Avcorp Industries
- The Gill Corporation
- EnCore Group and NORDAM Group
Fact-based projections. According to Fact.MR’s Worldwide Aerospace Floor Panel Market Report
North America will continue to dominate the global aerospace floor panel market, with sales expected to reach approximately US$ 170 million by the end of 2031.Through 2031, sales of aerospace floor panels in Asia Pacific excluding Japan (APEJ) will grow at the fastest rate.
During the projection period, Europe will remain the second largest market for aerospace floor panels.
By 2031, sales of nomex honeycomb and aluminium honeycomb floor panels in aircrafts will account for US$ 459.6 million in revenue, with the former being more profitable than the latter.
OEM will continue to be the most important sales channel for aircraft floor panels, with sales expected to grow significantly through 2031.
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