According to the report by Reports and Data, the global Aircraft Mounts market is expected to reach USD 1.02 Billion by 2027. The report suggests that the demand for aircraft mounts is increasing due to the improved protection they offer from frequency disturbances and isolation from vibrations, which reduces noise and supports avionics equipment. However, the market may face challenges due to rising replacement rates for aircraft mounts in Maintenance, Repair, and Operations (MRO) activities.
The report notes that rapid urbanization has increased the prevalence of aerospace sectors, leading to a surge in demand for aircraft mounts. However, limitations of aircraft mounts such as incorrect prediction of future demand, inaccurate product pricing, design changes, and shortage of supply pose challenges for the market. Moreover, the increase in prices by Original Equipment Manufacturers (OEMs) may further affect the demand for aircraft mounts.
The report highlights the support provided by governments of countries such as China, Europe, and the United States to their respective aerospace industries, which can increase expenditure in the aircraft mounts industry. The report also mentions a setback faced by the Chinese jet C919 due to a mathematical error that required redesigning of engine mounts, leading to an increase in load applying to engines and mounts.
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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in RD activities are expected to boost market growth during the forecast period.
Competitive Landscape:
According to the report, engine mounts are expected to be the leading application segment in the aircraft mounts market during the forecast period. The report notes that engine mounts play a critical role in protecting and supporting aircraft engines from various types of vibrations and shocks, thus enhancing their operational capabilities. Engine mounts also help minimize the movement of the engine from abnormal shocks and loads, thereby improving the overall safety of the aircraft. As a result, the demand for engine mounts is expected to remain strong in the aircraft mounts market.
some leading companies operating in the global Keyword market:
Airloc Ltd., Ram Mounts, Angerole Mounts, Vibrasystems Inc., Butser Rubber, Arkon Resources Inc., Lord Corporation, Shock Tech Inc., Cadence Aerospace, Avionics Support Group Inc., among others.
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The global market is further segmented into type and application:
Materials Outlook (Revenue, USD Billion; 2017-2027)
- Aluminum Alloys
- Steel Alloys
- Nickel Alloys
- Rubber
- Polyamide
- Others
Type Outlook (Revenue, USD Billion; 2017-2027)
- Exterior Mounts
- Multiplane Mounts
- Pedestal Mounts
- Platform Mounts
- Sandwich Mounts
- Shock Mounts
- Interior Mounts
- Galley Mounts
- Panel Mounts
- Floor Mounts
- Headliner Mounts
- Bulkhead Mounts
Application Outlook (Revenue, USD Billion; 2017-2027)
- Vibration/Shock Isolation
- Suspension
- Engine Mounts
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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