The aerospace industry rising demand for advanced technology improving aircraft performance has propelled the market growth. The winglet market is witnessing significant growth in demand with increasing number aircraft production. Increasing development in winglets is improving aircraft performance. Market players such as The Aircraft Performance Company GmbH, Tamarack Aerospace, and Duncan, among others, are developing new winglets, reducing fuel consumption. Increasing awareness about winglet technology among aircraft fleet owners is boosting the market growth.
MARKET DYNAMICS
Winglet has major demand from aircraft manufacturers to enhanced aircraft performance, increasing range, and decreasing fuel burn. The increasing scope of winglet technology in jet aircraft has bolstered the market growth. Increasing production and deliveries of commercial aircraft has driven the market growth. On the other hand, rising investment from developing nations into military aircraft creates substantial growth opportunities for the market. The winglet market is anticipated to experience surge in the coming years owing to the fact that general aviation aircraft manufacturers are expediting their production lines, which is foreseen to throttle the demand for winglets, which would boost the winglet market.
MARKET SCOPE
The "Global Winglet Market Analysis To 2031" is a specialized and in-depth study of the Aerospace and Defense Industry with a special focus on the global market trend analysis. The Winglet market report aims to provide an overview of the Winglet market with detailed market segmentation by type, aircraft type, fit type, and geography. The global Winglet market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Winglet market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global winglet market is segmented on the basis of type, aircraft type, fit type. Based on type, the winglet market is segmented into blended winglets, raked wingtip, split scimitar winglets, advanced technology winglets, sharklets, wingtip fences. On the basis of aircraft type, the winglet market is segmented into narrow-body aircraft, wide-body aircraft, general aviation aircraft, military aircraft. The winglet market is further bifurcated into fit types as line fit and retrofit.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Winglet market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Winglet market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Winglet market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South& Central America, after evaluating political, economic, social, and technological factors affecting the Winglet market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Winglet market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Winglet market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Winglet market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South& Central America, after evaluating political, economic, social, and technological factors affecting the Winglet market in these regions.
MARKET PLAYERS
The reports cover key developments in the Winglet market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from the Winglet market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the underwriting and rating software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the underwriting and rating software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aviation Partners, Inc
- BLR Aerospace
- DAHER
- FACC AG
- GKN Aerospace Services Limited
- HYUNE AERO-SPECIALTY INC
- KAMAN CORPORATION
- RUAG Group
- Tamarack Aerospace
- Winglet Technology, LLC
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Winglet Market - By Type
1.3.2Winglet Market - By Aircraft Type
1.3.3Winglet Market - By Fit Type
1.3.4Winglet Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.WINGLET MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.WINGLET MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.WINGLET MARKET - GLOBAL MARKET ANALYSIS
6.1.WINGLET - GLOBAL MARKET OVERVIEW
6.2.WINGLET - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.WINGLET MARKET - REVENUE AND FORECASTS TO 2028 â" TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.BLENDED WINGLETS
7.3.1.Overview
7.3.2.Blended Winglets Market Forecast and Analysis
7.4.RAKED WINGTIP
7.4.1.Overview
7.4.2.Raked Wingtip Market Forecast and Analysis
7.5.SPLIT SCIMITAR WINGLETS
7.5.1.Overview
7.5.2.Split Scimitar Winglets Market Forecast and Analysis
7.6.ADVANCED TECHNOLOGY WINGLETS
7.6.1.Overview
7.6.2.Advanced Technology Winglets Market Forecast and Analysis
7.7.SHARKLETS
7.7.1.Overview
7.7.2.Sharklets Market Forecast and Analysis
7.8.WINGTIP FENCES
7.8.1.Overview
7.8.2.Wingtip Fences Market Forecast and Analysis
8.WINGLET MARKET - REVENUE AND FORECASTS TO 2028 â" AIRCRAFT TYPE
8.1.OVERVIEW
8.2.AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
8.3.NARROW-BODY AIRCRAFT
8.3.1.Overview
8.3.2.Narrow-body Aircraft Market Forecast and Analysis
8.4.WIDE-BODY AIRCRAFT
8.4.1.Overview
8.4.2.Wide-body Aircraft Market Forecast and Analysis
8.5.GENERAL AVIATION AIRCRAFT
8.5.1.Overview
8.5.2.General Aviation Aircraft Market Forecast and Analysis
8.6.MILITARY AIRCRAFT
8.6.1.Overview
8.6.2.Military Aircraft Market Forecast and Analysis
9.WINGLET MARKET - REVENUE AND FORECASTS TO 2028 â" FIT TYPE
9.1.OVERVIEW
9.2.FIT TYPE MARKET FORECASTS AND ANALYSIS
9.3.LINEFIT
9.3.1.Overview
9.3.2.Linefit Market Forecast and Analysis
9.4.RETROFIT
9.4.1.Overview
9.4.2.Retrofit Market Forecast and Analysis
10.WINGLET MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Winglet Market Overview
10.1.2North America Winglet Market Forecasts and Analysis
10.1.3North America Winglet Market Forecasts and Analysis - By Type
10.1.4North America Winglet Market Forecasts and Analysis - By Aircraft Type
10.1.5North America Winglet Market Forecasts and Analysis - By Fit Type
10.1.6North America Winglet Market Forecasts and Analysis - By Countries
10.1.6.1United States Winglet Market
10.1.6.1.1United States Winglet Market by Type
10.1.6.1.2United States Winglet Market by Aircraft Type
10.1.6.1.3United States Winglet Market by Fit Type
10.1.6.2Canada Winglet Market
10.1.6.2.1Canada Winglet Market by Type
10.1.6.2.2Canada Winglet Market by Aircraft Type
10.1.6.2.3Canada Winglet Market by Fit Type
10.1.6.3Mexico Winglet Market
10.1.6.3.1Mexico Winglet Market by Type
10.1.6.3.2Mexico Winglet Market by Aircraft Type
10.1.6.3.3Mexico Winglet Market by Fit Type
10.2.EUROPE
10.2.1Europe Winglet Market Overview
10.2.2Europe Winglet Market Forecasts and Analysis
10.2.3Europe Winglet Market Forecasts and Analysis - By Type
10.2.4Europe Winglet Market Forecasts and Analysis - By Aircraft Type
10.2.5Europe Winglet Market Forecasts and Analysis - By Fit Type
10.2.6Europe Winglet Market Forecasts and Analysis - By Countries
10.2.6.1Germany Winglet Market
10.2.6.1.1Germany Winglet Market by Type
10.2.6.1.2Germany Winglet Market by Aircraft Type
10.2.6.1.3Germany Winglet Market by Fit Type
10.2.6.2France Winglet Market
10.2.6.2.1France Winglet Market by Type
10.2.6.2.2France Winglet Market by Aircraft Type
10.2.6.2.3France Winglet Market by Fit Type
10.2.6.3Italy Winglet Market
10.2.6.3.1Italy Winglet Market by Type
10.2.6.3.2Italy Winglet Market by Aircraft Type
10.2.6.3.3Italy Winglet Market by Fit Type
10.2.6.4United Kingdom Winglet Market
10.2.6.4.1United Kingdom Winglet Market by Type
10.2.6.4.2United Kingdom Winglet Market by Aircraft Type
10.2.6.4.3United Kingdom Winglet Market by Fit Type
10.2.6.5Russia Winglet Market
10.2.6.5.1Russia Winglet Market by Type
10.2.6.5.2Russia Winglet Market by Aircraft Type
10.2.6.5.3Russia Winglet Market by Fit Type
10.2.6.6Rest of Europe Winglet Market
10.2.6.6.1Rest of Europe Winglet Market by Type
10.2.6.6.2Rest of Europe Winglet Market by Aircraft Type
10.2.6.6.3Rest of Europe Winglet Market by Fit Type
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Winglet Market Overview
10.3.2Asia-Pacific Winglet Market Forecasts and Analysis
10.3.3Asia-Pacific Winglet Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Winglet Market Forecasts and Analysis - By Aircraft Type
10.3.5Asia-Pacific Winglet Market Forecasts and Analysis - By Fit Type
10.3.6Asia-Pacific Winglet Market Forecasts and Analysis - By Countries
10.3.6.1Australia Winglet Market
10.3.6.1.1Australia Winglet Market by Type
10.3.6.1.2Australia Winglet Market by Aircraft Type
10.3.6.1.3Australia Winglet Market by Fit Type
10.3.6.2China Winglet Market
10.3.6.2.1China Winglet Market by Type
10.3.6.2.2China Winglet Market by Aircraft Type
10.3.6.2.3China Winglet Market by Fit Type
10.3.6.3India Winglet Market
10.3.6.3.1India Winglet Market by Type
10.3.6.3.2India Winglet Market by Aircraft Type
10.3.6.3.3India Winglet Market by Fit Type
10.3.6.4Japan Winglet Market
10.3.6.4.1Japan Winglet Market by Type
10.3.6.4.2Japan Winglet Market by Aircraft Type
10.3.6.4.3Japan Winglet Market by Fit Type
10.3.6.5South Korea Winglet Market
10.3.6.5.1South Korea Winglet Market by Type
10.3.6.5.2South Korea Winglet Market by Aircraft Type
10.3.6.5.3South Korea Winglet Market by Fit Type
10.3.6.6Rest of Asia-Pacific Winglet Market
10.3.6.6.1Rest of Asia-Pacific Winglet Market by Type
10.3.6.6.2Rest of Asia-Pacific Winglet Market by Aircraft Type
10.3.6.6.3Rest of Asia-Pacific Winglet Market by Fit Type
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Winglet Market Overview
10.4.2Middle East and Africa Winglet Market Forecasts and Analysis
10.4.3Middle East and Africa Winglet Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Winglet Market Forecasts and Analysis - By Aircraft Type
10.4.5Middle East and Africa Winglet Market Forecasts and Analysis - By Fit Type
10.4.6Middle East and Africa Winglet Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Winglet Market
10.4.6.1.1South Africa Winglet Market by Type
10.4.6.1.2South Africa Winglet Market by Aircraft Type
10.4.6.1.3South Africa Winglet Market by Fit Type
10.4.6.2Saudi Arabia Winglet Market
10.4.6.2.1Saudi Arabia Winglet Market by Type
10.4.6.2.2Saudi Arabia Winglet Market by Aircraft Type
10.4.6.2.3Saudi Arabia Winglet Market by Fit Type
10.4.6.3U.A.E Winglet Market
10.4.6.3.1U.A.E Winglet Market by Type
10.4.6.3.2U.A.E Winglet Market by Aircraft Type
10.4.6.3.3U.A.E Winglet Market by Fit Type
10.4.6.4Rest of Middle East and Africa Winglet Market
10.4.6.4.1Rest of Middle East and Africa Winglet Market by Type
10.4.6.4.2Rest of Middle East and Africa Winglet Market by Aircraft Type
10.4.6.4.3Rest of Middle East and Africa Winglet Market by Fit Type
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Winglet Market Overview
10.5.2South and Central America Winglet Market Forecasts and Analysis
10.5.3South and Central America Winglet Market Forecasts and Analysis - By Type
10.5.4South and Central America Winglet Market Forecasts and Analysis - By Aircraft Type
10.5.5South and Central America Winglet Market Forecasts and Analysis - By Fit Type
10.5.6South and Central America Winglet Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Winglet Market
10.5.6.1.1Brazil Winglet Market by Type
10.5.6.1.2Brazil Winglet Market by Aircraft Type
10.5.6.1.3Brazil Winglet Market by Fit Type
10.5.6.2Rest of South and Central America Winglet Market
10.5.6.2.1Rest of South and Central America Winglet Market by Type
10.5.6.2.2Rest of South and Central America Winglet Market by Aircraft Type
10.5.6.2.3Rest of South and Central America Winglet Market by Fit Type
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.WINGLET MARKET, KEY COMPANY PROFILES
12.1.AVIATION PARTNERS INC.
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.BLR AEROSPACE
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.DAHER
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.FACC AG
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.GKN AEROSPACE SERVICES LIMITED
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.HYUNE AERO-SPECIALTY INC
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.KAMAN CORPORATION
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.RUAG GROUPÂ
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.TAMARACK AEROSPACE
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.WINGLET TECHNOLOGY, LLCÂ
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Aviation Partners Inc.
2. BLR Aerospace
3. DAHER
4. FACC AG
5. GKN Aerospace Services Limited
6. HYUNE AERO-SPECIALTY INC
7. KAMAN CORPORATION
8. RUAG GroupÂ
9. Tamarack Aerospace
10. Winglet Technology, LLCÂ
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For