TechNavio recognizes the following companies as the key players in the Global Commercial Aircraft Windows and Windshields market: GKN plc, PPG Industries Inc., Saint Gobain Group, and Triumph Group Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Commercial Aircraft Windows and Windshields market is the rise in demand for low-cost carriers. In recent years, the demand for no-frills airlines is increasing, especially in the APAC region. The cost-effective business model of no frills airlines has increased the demand for new aircraft in the market. Generally, the no-frills airlines fly only on short-haul routes and provide seats as a product to the passengers. The remaining services provided are either paid or are not provided on board. These airlines generally tap passengers who either use roadways or railways as their main mode of transportation. The travel cost for no frills airlines is almost the same as compared to other modes of transportation, while saving time and effort for the traveler.”
According to the report, one of the main factors driving the market is the increasing demand for light-weight aircraft. The windows and windshields in light-weight aircrafts are made of high-strength, light-weight glass, which plays an important role in reducing the weight of an aircraft. Thus, the increasing demand for light-weight aircrafts is expected to fuel the growth of the Global Commercial Aircraft Windows and Windshields market during the forecast period.
Further, the report states that one of the main challenges is the economic slowdown in Europe. Europe accounts for a major share of the Global Aviation market; therefore, an economic slowdown in Europe could have a direct impact on the aircraft demand globally.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are PPA Group Limited and Textstars LLC.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-commercial-aircrafts-windows-and-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report – Global Commercial Aircraft Windows and Windshields Market 2012-2016
