Aircraft Doors Global Market Report 2024

“Aircraft Doors Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on aircraft doors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for aircraft doors? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aircraft doors market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Door Type: Passenger Doors; Cargo Doors; Emergency Doors; Service or Access Doors; Landing Gear Doors; Other Door Types
• 2) By Aircraft Type: Narrow Body Aircraft; Wide Body Aircraft; Very Large Body Aircraft; Regional Aircraft
• 3) By Operating Mechanism: Manual; Hydraulic
• 4) By Application: Commercial Aviation; Military Aviation
• 5) By Distribution Channel: Original Equipment Manufacturer (OEM); Aftermarket
• Companies Mentioned: Hindustan Aeronautics Limited; Bombardier Inc.; Aernnova Aerospace S.A.; Groupe Latecoere; Saab AB
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Aircraft doors serve as the entry and exit points for passengers on an aircraft. These doors are utilized during boarding and are strategically located at the front, middle, and rear sections of the aircraft. They play a crucial role in maintaining internal pressure and ensuring the overall safety of the aircraft. Additionally, aircraft doors are instrumental in controlling access to various compartments within the aircraft.

The primary types of doors in the realm of aircraft doors include passenger doors, cargo doors, emergency doors, service or access doors, and landing gear doors, among others. Passenger doors, specifically, are equipped with integral stairs featuring a retractable lower step and folding handrails. Aircraft types encompass narrow-body, wide-body, very large-body, and regional aircraft. Operating mechanisms include both manual and hydraulic systems. Applications span across commercial aviation and military aviation, with distribution channels involving original equipment manufacturers and the aftermarket.

The aircraft doors market research report is one of a series of new reports from The Business Research Company that provides aircraft doors market statistics, including aircraft doors industry global market size, regional shares, competitors with an aircraft doors market share, detailed aircraft doors market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft doors industry. This aircraft doors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The aircraft doors market size has grown strongly in recent years. It will grow from $5.3 billion in 2023 to $5.79 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth observed in the historical period can be attributed to factors such as economic growth, fleet expansion, adherence to safety and security regulations, an increase in air traffic, and a rise in government investments in the aviation sector.

The aircraft doors market size is expected to see strong growth in the next few years. It will grow to $8.2 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The anticipated growth in the forecast period can be attributed to factors such as the initiation of new aircraft programs, the growth of e-commerce and cargo operations, the need for replacing aging fleets, investments in infrastructure, and the increasing activities in tourism. Key trends expected in this forecast period encompass the adoption of lightweight materials, the implementation of smart and connected doors, enhanced security features, the utilization of digital twin technology, and the integration of 3D printing in the aircraft door manufacturing processes.

The expansion in aircraft production is anticipated to be a significant driver for the aircraft doors market in the future. Aircraft production involves the manufacturing of vehicles capable of flight. During aircraft assembly, doors such as passenger exit doors, emergency exits, and service doors are installed, playing a vital role in maintaining the required internal pressure and ensuring aircraft safety. For instance, a report by CAPA - Centre for Aviation in November 2022 indicated that major Original Equipment Manufacturers (OEMs) such as Airbus and Boeing foresee delivering over 1000 aircraft in 2022, with plans for even greater production in 2023. The combined deliveries by both OEMs totaled 898 aircraft in 2021 and 766 commercial aircraft during the first three quarters of 2022. Hence, the surge in aircraft production is a key factor driving the aircraft doors market.

The anticipated growth in the commercial aviation industry is expected to significantly contribute to the expansion of the aircraft doors market. Commercial aviation involves the use of aircraft for transporting passengers or cargo, excluding military purposes. In this industry, aircraft doors play a crucial role in ensuring passenger safety, operational efficiency, and overall functionality. According to the International Air Transport Association (IATA), the global commercial aviation industry has exhibited steady growth. In 2021, the industry generated $509 billion in revenue, marking a 32.3% increase from the previous year. Therefore, the continual growth in the commercial aviation sector is poised to drive the demand for aircraft doors.

Technological advancements stand out as pivotal trends gaining momentum in the aircraft doors market. Major companies within this market are actively developing advanced technologies to maintain their competitive edge. For instance, in April 2021, All Nippon Airways Co., Ltd., a Japan-based airline, collaborated with JAMCO Corporation to introduce the world's first hands-free door, simplifying access to aircraft lavatories. This innovative door design allows passengers to unlock it using their elbows, featuring a sizeable inner door locking knob and an additional handle, enhancing convenience and hygiene for travelers.

Key players in the aircraft doors market are actively pursuing strategic partnerships aimed at broadening their customer base and focusing on long-term growth strategies. These strategic alliances, formed between two or more organizations, are intended to achieve specific business objectives. Companies in the aircraft doors sector are engaging in partnerships with aircraft manufacturers to foster innovation, business expansion, gain a competitive advantage, improve cost efficiency, and promote resource reusability. For instance, in September 2023, Saab, a Sweden-based aerospace and defense company, entered into an undisclosed partnership with Boeing, a prominent US-based aircraft industry company. This collaboration is focused on manufacturing large cargo doors, bulk cargo doors, and access doors for the Boeing 787 Dreamliner.

In May 2022, Latecoere, a France-based aviation company, acquired Avcorp for $32 million. This strategic acquisition serves to enhance Latecoere's capabilities in wing sub-assembly, large-scale composite manufacturing, and aerostructures. Avcorp, based in Canada, specializes in producing aircraft doors and various other components for the aviation industry.

Major companies operating in the aircraft doors market include Hindustan Aeronautics Limited, Bombardier Inc., Aernnova Aerospace S.A., Groupe Latecoere, Saab AB, Elbit Systems Ltd., Triumph Group Inc., Collins Aerospace, Mitsubishi Heavy Industries Ltd., Hellenic Aerospace Industry, Safran S.A., Arnprior Aerospace Inc., Airbus Helicopters SAS, Avians Innovations Technology Pvt. Ltd., Groupe Latecoere, GKN Aerospace (GKN plc), The Boeing Company, Lockheed Martin Corporation, Leonardo S.p.A., Textron Inc., Spirit AeroSystems Inc., Embraer S.A., Kawasaki Heavy Industries Ltd., Honeywell Aerospace, Pratt & Whitney, Rolls-Royce Holdings PLC, General Electric Aviation, Israel Aerospace Industries, United Technologies Corporation, Zodiac Aerospace, Jamco Corporation, Singapore Technologies Engineering Ltd Aerospace

North America was the largest region in the aircraft doors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft doors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the aircraft doors market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The aircraft doors market consists of sales of pax door, upper deck pax door, aircraft hangar doors, hoist-up doors and sliding doors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.