Aircraft Doors Market Set To Reach USD 9.1 Billion By 2031 Witnessing A CAGR Of 6.2% From 2022 To 2031

(MENAFN- EIN Presswire) Aircraft Doors Market - Military sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.

The aircraft doors market was valued at $5 billion in 2021, and is estimated to reach $9.1 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.” - Allied Market ResearchWILMINGTON, DE, UNITED STATES, October 31, 2024 /EINPresswire / -- According to the report published by Allied Market Research, the global aircraft doors market generated $5 billion in 2021, and is estimated to reach $9.1 billion by 2031, witnessing a CAGR of 6.2% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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Drivers

Growing commercial aviation industry

Rising demand for number of aircraft deliveries

Persistent growth in international tourism and increase in demand for air travel as a convenient, safe, and time-efficient mode of transportation

Rising military budgets and increased use of technologically superior air carriers for defense purposes

Opportunities
New and upcoming aircraft programs

Restraints
Lack of hydraulic fluid compatibility
Rise in demand for fire-resistant fluids and zero leakage hydraulics
Precise maintenance schedules for monitoring fluid conditions on aircraft

Based on door type, the passenger doors segment held the largest share in 2021, garnering more than one-fourth of the global aircraft doors market revenue, and is projected to maintain its dominance by 2031. However, the same segment would showcase the fastest CAGR of 7.0% during the forecast period. The other segments assessed through the study include emergency exits, cockpit door, cargo doors, and others.

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Based on aircraft type, the commercial segment contributed to more than three-fifths of the global aircraft doors market share in 2021, and is projected to rule the roost by 2031. The same segment would also display the fastest CAGR of 6.5% throughout the forecast period. The report also analyzes the military segment.

Based on end-user, the OEM segment held the largest share in 2021, garnering more than two-thirds of the global aircraft doors market revenue, and is projected to maintain its dominance by 2031. The same segment would also showcase the fastest CAGR of 6.6% during the forecast period. The aftermarket segment is also assessed through the study.

Based on region, North-America held the major share in 2021, garnering more than half of the global aircraft doors market revenue. However, the Asia-Pacific region would showcase the fastest CAGR of 7.1% during the forecast period. The other provinces studied through the report include Europe, and LAMEA.

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The key market players analyzed in the global aircraft doors market report
Aviation Technical Services
Altitude Aerospace
Groupe Latécoère
Primus Aerospace
SAAB
Airbus
Collins Aerospace
FACC AG
Potez Aeronautiques
Hellenic Aerospace Industry

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Aircraft Sensors Market
Aircraft Lighting Market
Aircraft Actuators Market

Davin Correa
Allied Market Research
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