- Key Customer Segments include Aircraft Manufacturers, MRO Providers & Spacecraft Manufacturers
TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Global Aerospace Fasteners Market. The report finds US, France, China are the major markets in this segment. The analysis is for the forecast period 2014-2018.
As per research analysis, in 2013, North America dominated this market, accounting for a 32.3 percent share of the total revenue. This was due to the increasing demand for retrofitting of the existing fleet of aircraft. Within North America, the US is the major revenue generator because the country has the largest number of aircraft. The country has the highest defense spending, largest fleet of aircraft by airlines, and the highest demand for retrofitting of commercial aircraft. Adding to the demand for new rotorcraft, the market is also witnessing a high demand for service and maintenance of aircraft.
However, the demand for aerospace fasteners will be low in future due to the weak demand for use in commercial aircraft. Europe, South America, Middle East & Africa closely follow this.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Aerospace Fasteners Market 2014-2018, please send an e-mail to media@TechNavio.com
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Aerospace Fasteners Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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