Home > Aerospace & Defense > Aircraft Parts > Interior and Cabin Systems > Aerospace Floor Panel Market

Aerospace Floor Panel Market Size

Report ID: GMI2716
Published Date: Sep 2023
Report Format: PDF

Download Free Sample

Aerospace Floor Panel Market Size

Aerospace Floor Panel Market size was valued at USD 303 billion in 2022 and it is expected to exhibit a robust CAGR of over 6% between 2023 and 2032. Several key market drivers contribute to this growth including the increasing demand for commercial and military aircraft worldwide coupled with the need for lightweight & durable materials in aircraft construction. Additionally, advancements in aerospace technology and a focus on enhancing passenger comfort & safety are driving innovation in floor panel materials and designs. These factors, among others, present substantial opportunities for market growth & innovation during the forecast period.

To get key market trends

Download Free Sample

An aerospace floor panel is a specialized component used in aircraft and spacecraft construction. It serves as the structural foundation of the cabin or cargo area, providing support for passengers, crew, and equipment while also offering protection against various forces, such as impact, vibration, and pressure changes. Aerospace floor panels are engineered to be lightweight yet exceptionally strong, often made from advanced materials like composites or lightweight metals to minimize overall weight, crucial for fuel efficiency and flight performance.

Aerospace Floor Panel Market Report Attributes
Report Attribute	Details
Base Year:	2022
Aerospace Floor Panel Market Size in 2022:	USD 303 Billion
Forecast Period:	2022 to 2032
Forecast Period 2022 to 2032 CAGR:	6%
2032 Value Projection:	USD 500 Billion
Historical Data for:	2018 – 2022
No. of Pages:	250
Tables, Charts & Figures:	569
Segments covered:	Aircraft, Raw Material, Distribution Channel
Growth Drivers:	Increasingly focused on sustainability Increased demand for air travel Adoption of lightweight yet durable materials Advancement in technology and more efficient cabin interiors
Pitfalls & Challenges:	Increasing design and development challenges Regulatory and safety compliance requirements

Learn more about the key segments shaping this market

Download Free Sample

The market is witnessing increasing design & development challenges pertaining to aircraft floor panels. Furthermore, the rapid integration of new technologies and the need to ensure a resilient supply chain in the face of disruptions have added layers of complexity to the design & development process for aircraft floor panels, making it an increasingly demanding task.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The global market size for aerospace floor panel was valued at USD 303 billion in 2022 and is expected to exhibit a robust CAGR of over 6% between 2023 and 2032, driven by the increasing demand for commercial and military aircrafts worldwide.

The Nomex honeycomb segment held a dominant market share of over 54% in 2022 and is expected to grow at a lucrative pace owing to the material properties such as flame-resistance, exceptional strength-to-weight ratio, heat-resistance, and remarkable structural strength.

Asia Pacific aerospace floor panel industry is expected to grow at a CAGR of over 7% through 2032, due to the region’s burgeoning aviation sector, increasing air travel demands, and a growing number of airline & aircraft manufacturers.

Rockwell Collins, EFW, The Gill Corp., Avcorp Industries, Triumph Group, Zodiac Aerospace, Nordam Group, EnCore Group, Aim Altitude, EURO-Composites, and Advanced Custom Manufacturing.