Overview of the global aircraft vertical stabilizers market
The global aircraft vertical stabilizers market is anticipated to grow at a steady rate and will post a CAGR of more than 3% during the forecast period. The increasing use of composites to improve the performance of aircraft vertical stabilizers will propel the growth prospects for the global aircraft vertical stabilizers market until the end of 2021. The market has witnessed a massive shift from metals and metal compounds towards carbon fibers to be used in aircraft parts including stabilizers. For instance, the A300 series of Airbus has extensively employed composites in its horizontal and vertical stabilizers. Similarly, Boeing has planned to fabricate more than 50% of its new 787 with composites, including wings, stabilizers, and its fuselage. Also, the carbon fiber is such that it provides the required mechanical strength, matrix aligns and transfers structural load. Moreover, the structural components that are made from composites are observed to be twice the time fatigue resistance in comparison with steel. These structures are also twice as rigid as aluminum at half the weight and act as effective corrosion suppressants. Furthermore, some of the major advantages of vertical stabilizers that are fabricated from composite materials are enhanced performance and low cost of design and production.
The continual development of next-generation flight control systems will accelerate the market’s growth for the next four years. A number of improvements have been witnessed in flight control systems such as stabilizers and ailerons. For instance, Thales developed a new rudder-by-wire flight control system, which offered enhanced safety and passenger comfort and replaced the traditional flight control systems for all North American business jet OEMs, such as Gulfstream and Bombardier.
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Competitive landscape and key vendors
The global aircraft vertical stabilizers market is highly diversified and competitive due to the presence of a large number of many global, regional, and local vendors across the globe. Some of the major challenges these vendors face include intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations. Also, to gain an edge over the competition, these vendors increasingly focused on in-house manufacturing capabilities, global footprint network, product offerings, research and development investments, and strong client base.
Key vendors in this market are -
- Airbus
- BAE Systems
- Boeing
- Moog
Other prominent vendors in the market include Aernnova, Liebherr-Aerospace, Parker Hannifin, and RUAG Aerostructures.
Segmentation by type and analysis of the aircraft vertical stabilizers market
- Single vertical stabilizers
- Multiple vertical stabilizers
The single vertical stabilizers segment accounted for the maximum market share during 2016 and will continue to lead the market for the next few years. Some of the major factors responsible for the market segment’s growth is its ability to provide a directional stability and reduced aircraft weight. Also, since it helps in the reduction of local dynamic pressure and aerodynamic interference, the demand for single vertical stabilizers will grow further in the future.
Segmentation by geography and analysis of the aircraft vertical stabilizers market
In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market in the forthcoming years. One of the major factors responsible for the market’s growth in the region is the increasing number of new aircraft and growing passenger traffic.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global aircraft vertical stabilizers market?
- What are the key market trends impacting the growth of the global aircraft vertical stabilizers market?
- What are the challenges to market growth?
- Who are the key vendors in the global aircraft vertical stabilizers market?
- What are the market opportunities and threats faced by the vendors in the global aircraft vertical stabilizers market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global aircraft vertical stabilizers market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendors
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
- Aircraft flight control systems: An overview
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by type
- Market share by type
- Market segmentation by revenue
- Global aircraft single vertical stabilizers market
- Global aircraft multiple vertical stabilizers market
PART 07: Geographical segmentation
- Geographical share of the market
- Geographical segmentation by revenue
- Aircraft vertical stabilizers market in APAC
- Aircraft vertical stabilizers market in EMEA
- Aircraft vertical stabilizers market in the Americas
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive scenario
- Intellectual property (IP) landscape
- Airbus
- BAE Systems
- Boeing
- Moog
- Other prominent vendors
PART 14: Appendix
PART 15: Explore Technavio