Key vendors to focus on product and service extensions during the forecast period.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global alerions market for commercial aircrafts in their latest research report. This report also lists four other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global alerion market for commercial aircrafts is highly competitive in nature. Vendors in the market space compete on the basis of cost, quality, reliability, and aftermarket service. It is imperative for vendors to offer cost-effective and high-quality of service with latest technology and materials in order to keep pace with the intense competition in the market. During the forecast period, the market is projected to experience a rise in product/service extensions, technological innovations, and M&A activities.
According to Avimanyu Basu, a lead analyst at Technavio for research on aerospace, “Factors such as global economic recovery, growth of the aviation sector, orders for new aircraft, R&D and investments in fuel-efficient engines, and a lucrative retrofit market present ample opportunities for players in the aerospace industry to compete and grow.”
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Top five vendors in the alerion market for commercial aircrafts
Asian Composites Manufacturing (ACM)
ACM is a strategic alliance between Sime Darby Berhad, Malaysia; Naluri Berhad, Malaysia; Boeing; and Hexcel Corporation of the US. The company specializes in ailerons and various other aerostructure production for Boeing aircraft. ACM manufactures advanced composite structures for wings such as flat and contoured primary (spoilers, aileron skins, and spars) and secondary (flat panels, leading edges, and trailing edges) structures, composite bond assemblies, and sub-assemblies for aerospace industries.
Key products: Boeing 747-8 aileron panels and spoiler components and Fixed leading edge panels for the 787 Dreamliner.
LAM Aviation
LAM Aviation specializes in the development of enhanced flight control systems enabling the pilot to have firm control over the aircraft even at high speed with a high safety factor. The company innovated a technique that has been claimed to improve fuel efficiency, range, useful load, and both high-speed cruise and low-speed performance.
Key products: LAM Aero System.
Saab
Saab supplies advanced composite and metal components as a part of the contract with commercial aviation stakeholders such as Airbus and Boeing. The company produces several parts of the wings for the A320, A350, and A380 models and seven different doors and hatches for the Boeing 787 Dreamliner.
Key products: Ailerons for A320.
Strata Manufacturing
Strata Manufacturing is one of the leading component suppliers to Airbus. It has recently delivered first four assembled Airbus A330 ailerons to the Airbus factory in Bremen, Germany. It is also engaged with Boeing in supplying ribs for the Boeing 777 and 787, and eventually the entire vertical fin on the Dreamliner 787.
Key products: Airbus A330 family ailerons and Airbus A330 family spoilers.
Turkish Aerospace Industries (TAI)
TAI is an aerostructures group that designs and manufactures aircraft parts. It supplies ailerons for the Airbus A350 model. The company carries out the A350 XWB aileron and control surfaces (for several commercial/military aircraft platform) manufacturing operations in a dedicated manufacturing facility in its Ankara Kazan Premises in Turkey.
Key products: A350XWB ailerons and Ailerons and spoilers for A400M.
Ask an analyst to know more about this report
A more detailed analysis is available in the Technavio report, Global Alerions Market for Commercial Aircrafts 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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