Aircraft Doors Market

The global aircraft doors market was valued at $5 billion in 2021, and is projected to reach $9.1 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.Aircraft doors serve as the entrance and exit points for passengers. Exit doors are specially developed so that they won't open during flight and won't let in air, disturbing the pressure.

Two of the major factors that are driving growth in the global aircraft doors market are the growing commercial aviation industry and the rising aircraft demand. Furthermore, a rise in the number of aircraft deliveries is another element, that is boosting the worldwide market growth. Persistent growth in the international tourism and demand for air travel as a convenient, safe, and time-efficient mode of transportation are some of the other factors that support the target market's growth. Moreover, rising military budgets, particularly in the emerging economies, and increased use of technologically superior air carriers for defense purposes, are likely to drive development in the worldwide market over the coming years.

The COVID-19 pandemic has caused significant interruptions in the demand and availability of aircraft doors in commercial applications. The COVID-19 pandemic had a detrimental effect on the aviation sector, causing the airline sector to experience a complete halt to all air travel and operation-related activities throughout the outbreak. During the COVID-19 pandemic, the aircraft sector experienced a drop in demand due to severe supply chain disruption, production halts, and deferred orders. However, after the impact of COVID-19's second wave fades and airlines resume operations, the aircraft doors market share is predicted to increase over the forecast period.

The technical difficulties that hydraulically actuated aircraft doors (including cargo doors and weapon-bay doors) encounter, may limit the market income. In addition to this, challenges such as lack of hydraulic fluid compatibility, the demand for fire-resistant fluids and zero leakage hydraulics, and precise maintenance schedules for monitoring fluid conditions on aircraft are expected to hinder the market's growth.

Increased acquisition of new aircraft in all i.e., commercial, military, and general aviation categories has resulted in the increased demand for aircraft parts and components like doors. This is one of the primary market drivers. When compared to old airplane doors, modern aircraft doors are built to provide higher strength while lowering door weight. Lightweight doors are being developed by manufacturers, using novel approaches to retain the strength-to-weight ratio of door components.

The trend in aviation components is undergoing change and is now taking a shift from metal to composite materials. The primary objective of aircraft makers is to reduce the total weight of the aircraft, which necessitates the use of lightweight materials with comparable strength to conventional materials.

Key players profiled in this report include Safran, Hindustan Aeronautics Limited, Bombardier, Boeing, American Airlines Group Inc, Aernnova Aerospace S.A., Airbus S.A.S., Latécoère, Saab AB, Elbit Systems Ltd.

The global aircraft doors market is segmented based on door type, aircraft type, end-user and region. By door type, the market is sub-segmented into passenger doors, emergency exits, cockpit door, cargo doors and others; by aircraft type, the market is classified into commercial, and military; by end-user, the market is classified into OEM and aftermarket and lastly by region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The aircraft doors market is segmented into Door Type, Aircraft Type and End-user.

By door type, the passenger doors sub-segment dominated the market in 2021. Passenger doors are large and have several mountings for the passengers' comfort and safety, ensuring that the internal cabin pressure remains stable. Except for the size constraint, passenger and service doors are identical. Service doors are often smaller than passenger doors. Passenger doors are expected to account for the majority of market share due to the rising number of passenger doors in wide-body aircraft, along with higher prices. These are predicted to be the major factors affecting the aircraft doors market size during the forecast period.

The commercial sub-segment dominated the global aircraft doors market share in 2021. The market for commercial aviation is expanding rapidly on a global level. As air passenger traffic grows, the size of the air fleet must grow as well. Also, there is rising demand for low-cost carriers in developing countries such as India, China, and Brazil which have changed the short-haul market by providing consumers with low-cost air travel as a result of their ongoing innovation and cost effectiveness. Increased commercial aircraft purchases to meet rising air passenger demand are expected to drive segment development.

The OEM sub-segment dominated the market in 2021 Aircraft are fitted with doors such as passenger doors, emergency doors, service/access doors, cargo doors, and landing gear doors before being delivered to airline operators. Aboard aircraft, doors are installed by OEMs. Furthermore, OEMs are creating strategic alliances and collaborations to get a competitive advantage over other companies. These are predicted to be the major factors affecting the aircraft doors market size during the forecast period.

By region, North America dominated the global market in 2021, owing to the presence of a huge number of aircraft manufacturers. Furthermore, the rising demand for lightweight doors, aircraft replacement, and increase in aircraft deliveries are propelling the North American aviation doors market. The increased spending power of consumers, a growing economy, and a large consumer base for air travel are major drivers driving the region aircraft doors market growth. Also, large budget allocations by regional governments for military upgrades, such as purchasing new aircraft or renovating existing ones, are likely to accelerate aircraft door market expansion throughout the projection period.

Impact of COVID-19 on the Global Aircraft Doors Industry

• The COVID-19 pandemic has created multiple uncertainties, resulting in significant economic losses as various enterprises around the world have come to a halt. Due to the COVID-19 pandemic, the government imposed travel restrictions and lockdowns, which impeded aircraft production around the world.
• The COVID-19 pandemic has impacted negatively on the global economy and human population.. Because of the high infection rate and the severe impact on public health systems, governments in several countries were obliged to implement state-wide lockdowns, causing disruptions in industry, supply chains, commerce, and associated services.
• Economic slowdown has affected the setup of new aircraft doors projects across the world as majority of government fundings were diverted towards healthcare sector owing to rapid spread of the COVID-19 virus, impacting the market to a great extent.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the aircraft doors market analysis from 2021 to 2031 to identify the prevailing aircraft doors market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the aircraft doors market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global aircraft doors market trends, key players, market segments, application areas, and market growth strategies.

 Aircraft Doors Market Report Highlights