Home Add to Favorite Contact Submit  
             18 November, 2019
 

    
Category:  Articles » Business

 

North America will be the fastest growing region for CMC in the global aerospace industry

Popularity:
         Views: 496
2019-06-20 13:14:51     
Article by Lucintel LLC

According to a new market report published by Lucintel, the future for CMC in the global aerospace industry looks positive with opportunities in the commercial aircraft, military aircraft, and space segments. CMC consumption in the global aerospace industry is expected to grow with a CAGR of 9% from 2017 to 2022. The major growth drivers for this market are increasing demand for lightweight materials in the aerospace industry and capability of CMC components for performing better at high temperatures.
In this market, C/C, SiC/SiC, and Oxide/Oxide are the major types of CMC material. C/C will remain the largest market over the forecast period because it is commonly used in all commercial aircraft disc brakes.

North America is expected to remain the largest region during the forecast period due to high procurement of CMC material by various CMC component manufacturers in the USA.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing application of CMC materials in high temperature areas. 3M, General Electric, CoorsTek Inc., Albany International, and SGL Carbon SE are among the major manufacturers of CMC material for aerospace industry.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for CMC in the global aerospace industry by material type, application, end use industry, and region, and has come up with a comprehensive research report entitled “Growth Opportunities for CMC in the Global Aerospace Industry 2017-2022: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for CMC in the global aerospace industry by material type, application, end use industry, and region, as follows:
By Material Type (Volume (metric ton) and Value ($ million) from 2011 to 2022):

• Oxide/Oxide
• Sic/Sic
• C/C and Others

By End Use Market (Value ($ million) from 2011 to 2022):
• Commercial Aircraft
• Military Aircraft
• Space

By Application (Value ($ million) from 2011 to 2022):
• Engine
• Landing Gear
• Airframe

By Region (Value ($M) shipment analysis from 2011 to 2022):
• North America
• Europe
• Asia Pacific
• Rest of the World

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following key questions:

Q.1 What are some of the most promising, high-growth opportunities for CMC in the global aerospace industry by material type (Oxide/Oxide, Sic/Sic, C/C, and others), by end use market (commercial aircraft, military aircraft, and space), by application (engine, landing gear, and airframe), and by region (North America, Europe, and the Rest of the World (including Asia Pacific)?
Q.2 Which product segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key companies for business growth?
Q.10 What M&A activity has occurred in the last 5 years?

Specialized in: Defense Market Report - Strategic Growth Consulting - Commercial Due Diligence Report - Business Strategy Consulting
Print article      Bookmark this page
Related Articles 
Understand how deep learning platform works (Popularity: ): ClusterOne is the largest deep learning platform developed with an aim to help machine learning teams engaged in development of AI applications. It is easy to import data and code on the ClusterOne to run your projects as smooth as possible. The structure of this largest deep learning platform is very simple and the structure consists of three major elements: • Projects • Datasets • JobsProjects and Datasets are required to complete a ...
Important Considerations Prior To Selecting A Qualified Electrician in Orange County (Popularity: ): Looking and hiring for a reliable and professional electrician in Orange County for electrical work you need done in your OC property is an extremely important endeavor. The fact that not all electricians and providers are the same and with all the shady characters out there and the stories of overcharges and scams, finding the best of Orange County electric providers needs an open mind and wise decision making. Poor ...
Make Your Pool Look New All The Time With Swimming Pool Paint (Popularity: ): Swimming pool is that area of your home where you look forward to unwind after a long day. Pools are also the ideal place to have a barbeque party with family and friends. This is why it is essential that pools need to be maintained properly so that it is in top condition all the time and you can enjoy it totally. Keeping a pool in mint condition might seem ...
Benefits of giving awareness about new products (Popularity: ): Communication process is essential while some people considered it as challenging or other considered it as natural. Both internal and external types of communication are there out of which some are verbal while some are non-verbal. In the world of corporate communications, communication play significant role in the strength of the organization. Communication varies from time to time and section to section in diverse industries while industries want different standards ...
How Project Management Courses In Australia Can Help Your Business (Popularity: ): Project management courses in Australia can be very helpful for business managers. Many businesses run their work as projects as this ensures that the cost and timing can be carefully monitored. However, not all managers have the necessary skills to handle projects that might be a little more complicated than others. Not only do they need to find the necessary human resources to complete the project in the right time ...


Related Business 
Food not Bombs (Popularity: ): Food Not Bombs is one of the fastest growing revolutionary movements active in North America today and is gaining momentum all over the world.
Cheap Oair Business (Popularity: ): CheapOair Business is a full-service corporate travel agency that helps companies manage their travel programs globally. CheapOair Business ranks among the top 10 travel agencies in North America and is one of the corporate travel industry’s fastest-growing agencies.
ClinDev Online (Popularity: ): ClinDev is one of the world's fastest growing niche contract research organizations. It provides process consulting, contract staffing, and project facilitation to the global ethical pharmaceutical industry.
N-Xperts Solutions (Popularity: ): N-Xperts is one of the fastest growing software and web-development companies in the world, servicing Asia, Europe, North and South America, North and South Africa and Australia. N-Xperts specializes in the development of custom software applications. Specifically, our company carries out custom programming, database design.
Ria Insurance Brokers Pvt. Ltd. (Popularity: ): Health Insurance policies provides risk coverage against unforeseen health expenditure that may result in financial hardship. Health insurance is one of the fastest growing areas in the insurance industry and is expected to grow to Rs. 30,000 crores in 5 years from the current Rs. 13,325 crores. According to recent news report health insurance continues to be the fastest growing segment with annual growth rate of 12% to 15%.
Green Buildings Online Inc. (Popularity: ): The Green Building Industry is one of the fastest growing industries in America. To learn more about becoming a LEED Green Associate and take our free practice test, visit Green-Buildings.com.
Global Hospitals (Popularity: ): Global Hospitals is India's leading and the fastest growing super specialty care and multi-organ transplantation hospital. Pioneers in performing transplantation surgeries, Global Hospitals has to its credit many trailblazing achievements made possible by combining research, teaching and patient care.
Software & Technology Solutions (Popularity: ): Mpower Softech Solutions is an outcome of combined thinking done by Experienced Industry Professionals and Young Adventurers. Being located at one of the fastest growing IT sector in the country, Mpower Softech has been able to provide quality IT services to Global Clients while being cost and time effective.
Ironshore: Energy Insurance (Popularity: ): Ironshore provides broker-sourced specialty commercial property insurance and casualty coverages for varying risks on a global basis through its multiple international platforms. With a holding company with over a billion dollars in fresh capital, Ironshore® has become one of the fastest growing companies in the industry, and we truly believe there's never been a better time to be in the insurance business.
Air Care Equipment, Pune (Popularity: ): Air Care Equipments is among the fastest growing organization engaged in the manufacturing, exporting and supplying of a diverse array of cement industry equipment, paper industry equipment, chemical industry equipment, and various filtration systems etc. Incepted in the year 1995, Air Care Equipments is among the fastest growing organization engaged in the manufacturing, exporting and supplying of a diverse array of cement industry equipment, paper industry equipment, chemical industry equipment, and various ...