Aircraft Mounts Market Analysis

The aircraft mounts market is segmented by aircraft type, mount type, material, application, and by end-user. The aircraft type segment is further divided into commercial, general aviation, and military. The commercial segment is projected to hold the largest revenue share in the market over the forecast period on the back of rising air passenger traffic globally. As per International Air Transport Association (IATA), by 2036, the global air traffic is likely to double. Therefore, there has been a corresponding increase in demand for new commercial aircraft in order to cater to the increasing passenger traffic.

Based on the mount type, the exterior mounts segment is expected to hold the largest market share during the forecast period on account of increasing demand for technologically advanced in-flight entertainment displays and passenger comfort. Exterior mounts are used to mount the external components of aircraft and include sandwich mounts, multi-plane mounts, platform mounts, pedestal mounts, and shock mounts.

Based on the material, the aluminum alloys segment is expected to witness a robust growth during the forecast period. This can be attributed to the superior mechanical properties of aluminum alloys that makes it lightweight and durable with high damage tolerance. Thus, aluminum alloys are frequently used in the manufacturing of modern aircraft.

Based on the application, the segment for engine mounts is estimated to hold the largest aircraft mounts market share throughout the forecast period on the back of the growing adoption of engine mounts to protect the engineering equipment within the aircraft and enhance operational efficiency. The engine mounts reduce the movement of the engine from abnormal shocks and loads.

Based on the end-user, the replacement segment is anticipated to lead the aircraft mounts market share on account of the growing trend for timely inspection and maintenance of aircraft mounts to ensure an effective functioning of aircraft and avoid chances of engineering equipment getting damaged. This, in fact, is contributing to an increased demand for replacement of aircraft mounts.

Our in-depth analysis of the global market includes the following segments: