About Fuselage
Fuselage is the main body component of an aircraft. It is the hollow tube like structure around which all other parts of aircraft are attached. Its Hollow Shape helps reduce the weight of the aircraft and increase aerodynamics. The size and the shape of the fuselage may vary according to the type of aircraft, that is, for examples a passenger aircraft would have a longer fuselage than a trainer aircraft. A fighter jet on the other hand would have a smaller and streamlined fuselage. The market of fuselage is directly dependent on the growth of the aircraft industry. The recent pandemic has resulted in certain pushback. Although major defence deals is set to give certain boost to the industry. The major market of fuselage is North America, followed by Asia Pacific and Europe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Boeing Company (United States), Airbus SE (Netherlands), Lockheed Martin Corporation (United States), United Technologies Co (United States), Northrop Grumman Corporation (United States), PJSC United Aircraft Corporation (Russia), Dassault Aviation SA (France), Antonov State Enterprise (Ukraine), Embraer S.A. (Brazil) and AVIC (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Aernnova Aerospace Corporation, S.A. (Spain) and Bombardier Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Fuselage market by Type (Truss Structure, Geodesic Structure, Monocoqne, Semi-Monocoqne and Others), Application (Single Aisle Aircraft, Double Aisle Aircraft and Others) and Region.
On the basis of geography, the market of Fuselage has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. OEM will boost the Fuselage market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Components , the sub-segment i.e. Top Panel will boost the Fuselage market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Investments are carried out on Research and Development Involving Advanced Materials in Fuselage Manufacturing
Market Growth Drivers:
Growth of the Aviation Sector and Increasing Defence Spending Worldwide
Challenges:
Innovating in Existing Technology for Better Performance
Restraints:
Sanctions on Any Certain Country on Import or Export of Defence Equipment and Negative Impacts on Aircraft Industry because of recent Pandemic
Opportunities:
Innovating in Existing Technology for Better Performance
Market Leaders and their expansionary development strategies
In 2019, Airbus, European Aircraft Giant has announced acquisition of US based firm MTM Robotics. This acquisition was made at an undisclosed amount. The deal is set to bolster Airbus commitment of advancing its high tech robotic capabilities to be deployed in its manufacturing process. This will help airbus achieve a competitive edge over its rivals in manufacturing processes.
Key Target Audience
Fuselage Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.