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This report, from Stratview Research, studies the aerospace metal matrix composites market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024.
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Presents a Research Report on Aerospace Metal Matrix Composites Market Aerospace Metal Matrix Composites (MMCs) Market by Application Type (Airframe, Engine Components, Landing Gears, Avionics, and Others), by Platform Type (Civil Aviation, Military Aviation, and Space), by Matrix Type (Aluminum, Titanium, and Others), by Reinforcement Type (Silicon Carbide, Aluminum Oxide, and Others), by Reinforcement Form Type (Continuous, Discontinuous, and Others), by Process Type (Solid State Processing, Liquid State Processing, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
AerospaceMetalMatrixCompositesMarketHighlights & Drivers • The global aerospace MMCs market is projected to grow at a healthy rate over the next five years to reach US$ 176.1 million in 2024. • Increasing production of composites-rich aircraft coupled with a rising demand for lightweight yet durable parts and increasing space exploration activities are the prime drivers for the sustainable demand for MMCs in the aerospace industry. • MMCs have an excellent track record in the automotive industry as the material offers numerous advantages, such as high strength-to-weight ratio, excellent corrosion resistance, excellent fatigue strength, lightweight, and excellent durability, over its rivals including cast iron. • The material is a suitable claimant addressing many challenges of the industry including lightweight products, thus, attracting the stakeholders of the aerospace industry to invest in this unique material. • MMCs are increasingly witnessing a greater penetration in not only airframe parts of the next-generation aircraft, but also in other critical applications, such as landing gears and fan exit guide vanes. • Composite materials have earned significant traction in the aerospace industry, owing to its excellent track record of more than five decades. • The inadequacy of a single or group of materials to fulfill all the stringent requirements of aerospace industry along with keeping a check on both economy and performance has led to an increased focus towards new materials including metal matrix composites. • In the last two decades, researchers and manufacturers in the aerospace industry have paid significant attention and interests on MMCs, owing to their exceptional properties and performance.
Market Insights • By Platform Type • Civil aircraft is likely to remain the growth engine of the market during the forecast period. • Increasing production rate of the best-selling aircraft program: B787, wherein landing gears are manufactured using MMCs is likely to drive the market for the civil aviation segment during the forecast period. • Increasing penetration of MMCs in avionics and recent advancements including the development of robotic arms by TISICS Ltd. are likely to drive the spacecraft segment during the forecast period. • By Application Type • Airframe is likely to remain the most dominant segment during the forecast period, whereas avionics is likely to remain the fastest-growing segment. • By Region • North America is projected to remain the largest as well as the fastest-growing market worldwide during the forecast period. • The USA is likely to remain the growth engine of the region’s market as it is manufacturing hub of the aerospace industry with the presence of major raw material suppliers, metal matrix composite suppliers, tier players, OEMs, airlines, space agencies, private space companies, aircraft leasing companies, and MRO players. • Europe is projected to remain the second-largest market for aerospace MMCs during the forecast period. The UK and Russia are the two major contributors to the European market, owing to significant investment in the R&D activities, especially for the aerospace industry.
Competitive Insights & Regional Analysis • Key Companies Analysed • Materion Corporation • The 3M Company • AMETEK Inc. • Alvant Ltd. • TISICS Ltd. • Powdermet, Inc. • DWA Aluminium Composites USA • Gamma Alloys • CPS Technologies Corp. • Triton Systems, Inc.. • Regional Analysis • North America (Country Analysis: The USA, and Rest of North America) • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe) • Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Latin America, The Middle East, and Others)
Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others
Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
Market Segmentation • Aerospace MMCs Market, By Platform Type: • Civil Aircraft • Military Aircraft • Space • Aerospace MMCs Market, By Application Type: • Airframe • Engine Components • Avionics • Landing Gear • Other Components • Aerospace MMCs Market, By Matrix Type • Aluminum • Titanium • Others
Market Segmentation • Aerospace MMCs Market, By Reinforcement Type: • Silicon Carbide • Aluminum Oxide • Others • Aerospace MMCs Market, By Reinforcement form Type: • Continuous • Discontinuous • Others • Aerospace MMCs Market, By Processing Type: • Solid State Processing • Liquid State Processing • Others
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