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Aerospace Floor Panel Market Trends

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

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Aerospace Floor Panel Market Trends

The aerospace floor panel industry witnesses several trends that are shaping the industry’s landscape. Aerospace floor panel trends are shifting toward lightweight, sustainable materials that reduce emissions and enhance fuel efficiency. Advanced flooring solutions, emphasizing durability & noise reduction, are gaining traction, offering improved durability, noise reduction capabilities, and ease of maintenance. Airlines are placing a premium on cabin interiors that reflect their brand identity and provide a unique passenger experience. The aerospace industry is embracing digitalization & connectivity and aerospace floor panels are now integrated into the broader aircraft connectivity ecosystem. Enhanced safety features, global expansion into emerging markets, and a commitment to passenger comfort & sustainability are key trends shaping the market's future.

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.