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According to Technavio's market research report, the global nanotechnology enabled coatings for aircraft market will grow rapidly at a CAGR of more than 15% during the forecast period. One of the key factors that will stimulate the growth of the market during the predicted period is the increasing focus on the reduction of aerodynamic drag. OEMs and their suppliers are heavily investing in nanotechnology to improve the aerodynamic drag profile sine this will help prevent an increased consumption of fuel and also help improve the performance of the aircraft. This boosts the need for nanocoating because since they are developed from nanoparticles that help to fill thin cracks and imperfections. This reduces the aerodynamic drag and contaminating adhesion by forming a smooth airframe surface. The application of photo-responsive nanocomposite coatings on aircraft windscreens helps in the prevention of safety hazards by avoiding distractions to pilots during critical stages of flight.
The emergence of carbon nanotube (CNT) in airframe manufacturing is one of the key trends that will gain traction in the nanotechnology enabled coatings for aircraft market till 2021. The superior strength to weight ratio of aircrafts is ensured by using carbon fiber reinforced polymer (CFRP) during the manufacture of aircraft wings and fuselage. This will in turn, demand the need for the application of CNT-based polymer composites in the aerospace industry.
The nanotechnology enabled coatings for aircraft market appears to be consolidated with the presence few players. To enhance their product portfolio, the vendors in this marketspace will follow strategic initiatives such as M&As. Additionally, to cater to the evolving demands of the aviation industry, the existing market players have the need to offer optimum solutions to both OEMs and operators.
Key vendors in this market are -
Other prominent vendors in the market include CHOOSE NanoTech, General Nano, HR ToughGuard, Surfactis Technologies, and Tesla NanoCoatings.
The anti-corrosion, abrasion, and wear-resistant aircraft nanocoating segment contributed to the maximum market shares during 2016. The anti-corrosion nanocoatings can be applied to a comprehensive array of steel substrates and are applied on various onboard systems and equipment including valve trains, breaks, and bearings.
The Americas is witnessing an increase in the adoption of nanotechnology enabled coatings in the commercial aircraft and component manufacturing process. The market will continue to grow in this region during the coming years as well due to the increased efforts by OEMs, engine manufacturers, and other component suppliers to reduce the overall weight of the aircraft.
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Nanotechnology-enabled coatings for airplanes offer improved aerodynamic efficiency, reduced turbulent skin-friction, as well as decreased ice formation rate on the surface of the aircraft. This upcoming research report on the global nanotechnology-enabled coatings market for aircraft offers insights into the key trends and emerging drivers promoting the growth of the aerospace and defense sector. Our insightful reports for the aerospace and defense industry also follow a meticulous data collection methodology and offer an analysis of fast growing market segments like aerospace components.
By considering the market forecast and size and the surging demand for various aerospace components, the market research experts at Technavio offer an all-inclusive picture of the global nanotechnology-enabled coatings market for aircraft for the estimated period of 2017 to 2021. Furthermore, our research practices assist clients in formulating effective growth strategies and staying updated about the changing market topography. This market study also furnishes a detailed analysis of various aerospace components based on the comprehension of the information gathered from specific resources such as channel partners and market stakeholders.
This upcoming market research report on the global nanotechnology-enabled coatings market for aircraft also covers vendors like ONEX Global Nanotechnologies, tripleO, and Flightshield. According to our analysts, factors such as reduced fuel consumption and light weight properties may influence the demand for nanotechnology-enabled coatings for aircraft across the globe for the next few years.
The upcoming industry research report for global nanotechnology-enabled coatings for aircraft also shortlists the major drivers, emerging trends, as well as the hurdles come across by the aerospace components sector currently. This upcoming report on the global nanotechnology-enabled coatings for aircraft presents insights into the rapidly changing competitive landscape to offer clients a complete picture of the forthcoming events within the aerospace and defense industry. Technavio also provides deep-dive market assessments into sectors such as aerospace manufacturing and aerospace products.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by coatings types
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
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