Aircraft Brackets Market Size Worth $512.2 Million, Globally, by 2031 - Exclusive Report by The Insight Partners

Global aircraft brackets market experiences increase in demand for aluminum brackets. Browse More Insights: https://www.theinsightpartners.com/reports/aircraft-brackets-market

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the aircraft brackets are an essential component in aircraft manufacturing, that is used for joining different parts which can support the overall weight of all the parts' weight that also allows to strengthen the joints in an aircraft.

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Overview of Report Findings:

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Market Segmentation:

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Competitive Strategy and Development:

Global Headlines on Aircraft Brackets:

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The aircraft brackets market in Europe is segmented into Germany, Italy, Russia, France, the UK, and the Rest of Europe. With more than 20,000 flights per day and ~500 million passengers per year, Europe is considered the busiest airspace in the world. In addition, defense and commercial aviation sectors in Europe are inclining toward advanced aircraft technologies. Strong economic conditions and increased initiatives by European governments to ensure aviation sector growth are the main factors driving the aircraft brackets market growth in Europe. Countries such as France, Germany, and the UK are the leading countries in Europe with a high number of aircraft and airports. Germany and France are major exporters of advanced aircraft technologies and are leaders in the aircraft brackets market in the region.

Countries in Europe, such as Poland, the UK, and Belgium, are initiating new airport projects, resulting in a significant demand for aircraft fleets. Poland, for example, has announced a plan to build a Solidarity Transport Hub in Baranow County, near Warsaw, by 2027 to handle almost 40 million passengers. The renovation of Son Sant Joan Airport in Mallorca, Spain, began in the first quarter of 2023 and is expected to be completed by 2026. Therefore, the construction of new airports and renovation of existing airports will increase the aircraft fleet in the region, driving the global aircraft brackets market size.

Currently, most aircraft manufacturers use composite material and composite material-based components in their aircraft structure. For example, more than 50% of the structure of the Airbus A350 XWB is made of composite material. The extensive use of lightweight materials on the A350 contributes directly to net fuel consumption. A lighter structure can carry more payload over a greater distance than a traditional aluminum structure. Due to the airframe's overall strength, the A350 requires less maintenance during its operational life. In addition, the materials' greater corrosion resistance increases the airframe's lifespan.

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The aircraft companies are adopting strategies such as collaboration, product development, and partnerships to increase the adoption of composite material-based aircraft brackets. For instance, in June 2024, Diehl Aviation and 9T Labs introduced an Eco Bracket solution for aircraft cabin equipment. This new solution uses 3D-printed carbon fiber elements and reused thermoplastic composites, which replace conventional aluminum components used in aircraft cabins. The Eco Bracket solution features a 50% weight reduction compared to aluminum, achieved through a combination of lightweight materials and design optimization. This significant weight reduction results in lower fuel consumption for airlines. In addition, in October 2021, Arris Composites collaborated with Airbus. This collaboration aimed to conduct a composite research project on the production of cabin brackets using innovative manufacturing techniques and materials. Key strategies and developments adopted by the companies operating in the aircraft brackets value chain will gain competition toward the development of lightweight material-based and efficient aircraft brackets, which in turn is projected to increase the adoption of lightweight material-based aircraft brackets from 2023 to 2031.

Conclusion:

Asia Pacific is projected to register a CAGR of 7.3% from 2023 to 2031. The rise in investment in aircraft fleet expansion to accommodate an increase in air passengers is fueling the market growth in the region. In addition, the government initiative toward expanding and developing new airports is further anticipated to propel the demand for aircraft, which is expected to drive the aircraft brackets market during the forecast period.

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The report from The Insight Partners, therefore, provides several stakeholders—including component providers, system technology integrator, system manufacturers and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

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