The Market of Aircraft Interior Films to grow beyond US$ 536.7 million by 2024
February 14, 2020
Aircraft Interior Films Market Overview:
The aircraft interior films market is projected to grow at a healthy rate over the next five years to reach an estimated value of US$ 536.7 million in 2024. Major factors strengthening the demand for interior films in the aircraft industry are increasing production rates of the next-generation aircraft, increasing focus of airlines on the modernization of interiors of their existing aircraft fleet to provide uniform feel, high focus of the aircraft industry stakeholders for the development of lightweight and smart cabin interior solutions, and rising aircraft fleet.
Report Overview:
This new report from Stratview Research analyses the Aircraft Interior Films Market over the trend period from 2013 to 2018 and forecast period from 2019 to 2024. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
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:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Aircraft Interior Films Market Segment Insights:
Commercial aircraft: The growth engine
The market is segmented based on the aircraft type as commercial aircraft, regional aircraft, and general aviation. Commercial aircraft is likely to remain the dominant segment of the market during the forecast period. Increasing production rates of key programs, such as A320 family; market entry of new players, such as COMAC and Irkut; and introduction of fuel-efficient variants of the best-selling aircraft programs, such as B737 Max and A320neo, are likely to create a strong demand for interior films in the commercial aircraft segment.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/522/aircraft-interior-films-market.html
Dominance of: Decorative Films and PVF
Based on the film type, the market is segmented as decorative films, film adhesives, and others. Decorative film is likely to remain the most dominant segment of the market over the next five years. Decorative films are designed with image-defining styling options while creating attractive, stain-resistant and easy to clean cabin interiors. These films also enhance cabin interiors and contribute to passenger comfort. They offer a rich variety of color tones and effects to the decoration of the airline cabin interiors while addressing the emerging technologies and inflight connectivity in the aircraft.
Based on the material type, the market is segmented as epoxy, PVF, polyimides, and others. PVF is likely to remain the most dominant segment over the next five years, propelled by its excellent mechanical properties. Also, these films are durable enough to be re-used for multiple times. Polyimide film is expected to grow at the highest rate during the same period, propelled by its versatility.
A highly/moderately/fragment consolidated Market
The key aircraft interior film manufacturing companies are ISOVOLTA AG, Schneller LLC, DUNMORE Corporation, E. I. du Pont de Nemours and Company, The Boeing Company, 3M Company, and Toray Advanced Composites (TenCate Advanced Composites). Development of high-performance interior films, expansion in untapped and growing markets, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
The supply chain of this market comprises raw material suppliers, aircraft interior film manufacturers, aircraft interior tier companies, OEMs, airlines, MRO companies, and leasing companies.
Regional Hegemony of North America
In terms of regions, North America is projected to remain the largest market for aircraft interior films during the forecast period. The USA is the growth engine of the North American aircraft interior films market with the presence of several tier players, aircraft OEMs, and MRO companies. Asia-Pacific is likely to witness the highest growth during the forecast period and is likely to remain the most eye-catching market in the foreseeable future. China, Japan, and India are the major markets for aircraft interior films in the region.
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