Global Aircraft Door Market Expected To Grow At A CAGR Of 4.6% By Value From 2016 To 2020

Date: 2016-09-17

The future of the aircraft door market looks good with opportunities in commercial aircraft, regional aircraft, general aviation and military aircraft applications. The global aircraft door market is forecast to grow at a CAGR of 4.6% by value from 2016 to 2021.

In an aircraft, mainly two types of doors are there, such as passenger door and cargo door. The author predicts that the demand for cargo door is likely to experience the highest growth by value in the forecast period due to rise in aircraft delivery. On the basis of comprehensive research, the author forecasts that the passenger door will remain the largest segment due to the number of passenger door in commercial and regional aircraft is more than cargo door and it is expensive than cargo door.

North America is expected to remain the largest region during the forecast period due to high demand of newer aircraft. Asia Pacific (APAC) is expected to grow with highest CAGR during the forecast period due to increase in aircraft deliveries. With rapid expansion of domestic airlines and growth of long-haul and short-haul markets lead to increase in demand for more aircraft.

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Joanna | Executive – International Business and partner Relations
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