Global Aircraft Vertical Stabilizers Market 2017-2021

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

• Americas
• APAC
• EMEA

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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