Asia Pacific Aircraft Floor Panel Market Drivers and Forecasts by 2027

Asia Pacific Aircraft Floor Panel Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Aircraft Type (Wide Body Aircrafts, Narrow Body Aircrafts, and General Aviation), Material Type (Aluminum Honeycomb and Nomex Honeycomb), Sales Channel (OEM and Aftermarket), and End User (Commercial and Military)

Report Date : Dec 2020
Report Code : TIPRE00017243

Category : Aerospace and Defense
Status : Published

Available Report Formats :
No. of Pages : 126

The APAC aircraft floor panel market is expected to grow from US$ 109.99 million in 2019 to US$ 183.00 million by 2027; it is estimated to grow at a CAGR of 8.6 % from 2020 to 2027.

The Australia, China, India, Japan, and South Korea are major economies in APAC. Upsurge in the adoption of wide body jets and business jets is expected to upswing the APAC aircraft floor panel market. The wide body jets are foreseen to be the concreting the future of the aviation industry, with the mounting number of orders for the new-generation wide body jets. The demand for A330 series, A350 series, B777 series, and B787 series models of wide body jets is currently greater than other models; these aircraft models are fuel-efficient and feature a longer range and higher endurance. These factors attract a substantial number of full service carriers (FSCs) and low cost carriers (LCCs), which boosts the order and shipment volumes. This further catalyzes the demand for aircraft floor panels among the aircraft manufacturers across APAC region. The A330 series aircraft model is one of the largest aircraft in the Airbus product list, and the demand for the same is foreseen to continue to rise among various airlines across APAC region. Being one of the largest aircraft models, the aircraft incorporates greater number of aircraft floor panels, and thus, the surge in its production increases the adoption of flooring panels. The projected rise in demand for such large aircraft is expected to boost the APAC aircraft floor panel market during the forecast period. The business jets or corporate jets are also in great demand due to mounting international trade and businesses, increasing the extent of travel of managerial executives to various countries across the APAC region. The increasing demand for wide body and business jets will surge the demand of aircraft floor panels, which will drive the APAC aircraft floor panel market

Further, in case of COVID-19, APAC is highly affected specially the China and India. China is one of the leading aerospace manufacturing countries in the region and has been one of APAC's most affected country. Due to this, the manufacturing facilities have been witnessing severe conditions in aircraft and aircraft component manufacturing facilities. India, Japan, and South Korea are still combating the virus. However, the countries have eased the lockdown measures, which is reflecting the restart of manufacturing facilities. Nonetheless, the remarkable lower volumes of air travel passengers have slowed down the demand for various components among the OEMs and aftermarket players regionally and internationally. This has been negatively affecting the aircraft floor panels market. Several airlines in the region have retired their wide body jets and narrow body jets, which were prime customers of aftermarket products and services. This factor is anticipated to inhibit the aircraft floor panel market for the next few months.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC aircraft floor panel market. The APAC aircraft floor panel market is expected to grow at a good CAGR during the forecast period.

APAC Aircraft Floor Panel Market Segmentation

APAC Aircraft Floor Panel Market – By Aircraft Type

Wide Body Aircrafts
Narrow Body Aircrafts
General Aviation

APAC Aircraft Floor Panel Market – By Material Type

Aluminum Honeycomb
Nomex Honeycomb

APAC Aircraft Floor Panel Market – By Sales Channel

OEM
Aftermarket

APAC Aircraft Floor Panel Market – By End User

Commercial
Military

APAC Aircraft Floor Panel Market, by Country

Australia
China
India
Japan
South Korea
Rest of APAC

APAC Aircraft Floor Panel Market - Companies Mentioned

Aeropair Ltd
Aim Altitude UK Ltd.
Avcorp Industries Inc.
Collins Aerospace, a Raytheon Technologies Corporation company
Eco Earth solutions
Euro Composite S.A.
Safran S.A
Singapore Technologies Engineering Ltd
The Gill Corporation
The Nordam Group LLC

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Aircraft Type, Material Type, Sales Channel, and End User

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Australia, China, Japan, South Korea

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Aircraft Floor Panel Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to New Entrants

4.2.4 Threat to Substitutes

4.3 Ecosystem Analysis

5. APAC Aircraft Floor Panel Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Noticeable Aircraft Orders and Delivery Volumes

5.1.2 Soaring Focus on Use of Lightweight Materials

5.2 Market Restraint

5.2.1 Boeing’s Problem from B737 Max and Termination of A380 Program

5.3 Market Opportunities

5.3.1 Upsurge in the Adoption of Wide-Body Jets and Business Jets

5.4 Trend

5.4.1 Rising Demand for Air Freighter Fleet

5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Floor Panel Market – APAC Analysis

6.1 Overview

6.2 APAC Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ million)

6.3 Market Positioning – Market Players Ranking

7. APAC Aircraft Floor Panel Market Analysis – By Aircraft Type

7.1 Overview

7.1.1 APAC Aircraft Floor Panel Market Breakdown, by Aircraft Type, 2019 & 2027

7.2 Wide body Aircraft

7.2.1 Overview

7.2.2 Wide body Aircraft Market Revenue and Forecast to 2027 (US$ Million)

7.3 Narrow body Aircraft

7.3.1 Overview

7.3.2 Narrow body Aircrafts Market Revenue and Forecast to 2027 (US$ Million)

7.4 General Aviation

7.4.1 Overview

7.4.2 General Aviation Market Revenue and Forecast to 2027 (US$ Million)

8. APAC Aircraft Floor Panel Market Analysis – By Material Type

8.1 Overview

8.2 APAC Aircraft Floor Panel Market Breakdown, by Material Type, 2019 & 2027

8.3 Aluminum Honeycomb

8.3.1 Overview

8.3.2 Aluminum Honeycomb Market Revenue and Forecast to 2027 (US$ Million)

8.4 Nomex Honeycomb

8.4.1 Overview

8.4.2 Nomex Honeycomb Market Revenue and Forecast to 2027 (US$ Million)

9. APAC Aircraft Floor Panel Market Analysis – By Sales Channel

9.1 Overview

9.2 APAC Aircraft floor panel Market Breakdown, by Sales Channel, 2019 & 2027

9.3 OEM

9.3.1 Overview

9.3.2 OEM Market Revenue and Forecast to 2027 (US$ Million)

9.4 Aftermarket

9.4.1 Overview

9.4.2 Aftermarket Market Revenue and Forecast to 2027 (US$ Million)

10. APAC Aircraft Floor Panel Market Analysis – By End User

10.1 Overview

10.2 APAC Aircraft floor panel Market Breakdown, by End User, 2019 & 2027

10.3 Commercial

10.3.1 Overview

10.3.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)

10.4 Military

10.4.1 Overview

10.4.2 Military Market Revenue and Forecast to 2027 (US$ Million)

11. APAC Aircraft Floor Panel Market – Country Analysis

11.1 Overview

11.1.1 APAC: Aircraft Floor Panel Market, By Country

11.1.1.1 Australia: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.1.1 Australia: Aircraft Floor Panel Market, by Aircraft Type

11.1.1.1.2 Australia: Aircraft Floor Panel Market, by Material Type

11.1.1.1.3 Australia: Aircraft Floor Panel Market, by Sales Channel

11.1.1.1.4 Australia: Aircraft Floor Panel Market, by End User

11.1.1.2 China: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.2.1 China: Aircraft Floor Panel Market, by Aircraft Type

11.1.1.2.2 China: Aircraft Floor Panel Market, by Material Type

11.1.1.2.3 China: Aircraft Floor Panel Market, by Sales Channel

11.1.1.2.4 China: Aircraft Floor Panel Market, by End User

11.1.1.3 India: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.3.1 India: Aircraft Floor Panel Market, by Aircraft Type

11.1.1.3.2 India: Aircraft Floor Panel Market, by Material Type

11.1.1.3.3 India: Aircraft Floor Panel Market, by Sales Channel

11.1.1.3.4 India: Aircraft Floor Panel Market, by End User

11.1.1.4 Japan: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.4.1 Japan: Aircraft Floor Panel Market, by Aircraft Type

11.1.1.4.2 Japan: Aircraft Floor Panel Market, by Material Type

11.1.1.4.3 Japan: Aircraft Floor Panel Market, by Sales Channel

11.1.1.4.4 Japan: Aircraft Floor Panel Market, by End User

11.1.1.5 South Korea: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.5.1 South Korea: Aircraft Floor Panel Market, by Aircraft Type

11.1.1.5.2 South Korea: Aircraft Floor Panel Market, by Material Type

11.1.1.5.3 South Korea: Aircraft Floor Panel Market, by Sales Channel

11.1.1.5.4 South Korea: Aircraft Floor Panel Market, by End User

11.1.1.6 Rest of APAC: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

11.1.1.6.1 Rest of APAC: Aircraft Floor Panel Market, by Aircraft Type

11.1.1.6.2 Rest of APAC: Aircraft Floor Panel Market, by Material Type

11.1.1.6.3 Rest of APAC: Aircraft Floor Panel Market, by Sales Channel

11.1.1.6.4 Rest of APAC: Aircraft Floor Panel Market, by End User

12. Impact of COVID-19 Outbreak

12.1 APAC: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

14. Company Profiles

14.1 Aeropair Ltd

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Avcorp Industries Inc.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Collins Aerospace, a Raytheon Technologies Corporation company

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Aim Altitude UK Ltd.

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Eco Earth solutions

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Euro Composite S.A.

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Safran S.A

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 The Gill Corporation

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 The Nordam Group LLC

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Singapore Technologies Engineering Ltd

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. APAC Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ million)

Table 2. Australia: Aircraft Floor Panel Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)

Table 3. Australia: Aircraft Floor Panel Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)

Table 4. Australia: Aircraft Floor Panel Market, By Sales Channel – Revenue and Forecast to 2027 (US$ Million)

Table 5. Australia: Aircraft Floor Panel Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 6. China: Aircraft Floor Panel Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)

Table 7. China: Aircraft Floor Panel Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)

Table 8. China: Aircraft Floor Panel Market, By Sales Channel – Revenue and Forecast to 2027 (US$ Million)

Table 9. China: Aircraft Floor Panel Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 10. India: Aircraft Floor Panel Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)

Table 11. India: Aircraft Floor Panel Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)

Table 12. India: Aircraft Floor Panel Market, By Sales Channel – Revenue and Forecast to 2027 (US$ Million)

Table 13. India: Aircraft Floor Panel Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 14. Japan: Aircraft Floor Panel Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)

Table 15. Japan: Aircraft Floor Panel Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)

Table 16. Japan: Aircraft Floor Panel Market, By Sales Channel – Revenue and Forecast to 2027 (US$ Million)

Table 17. Japan: Aircraft Floor Panel Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 18. South Korea: Aircraft Floor Panel Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)

Table 19. South Korea: Aircraft Floor Panel Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)

Table 20. South Korea: Aircraft Floor Panel Market, By Sales Channel – Revenue and Forecast to 2027 (US$ Million)

Table 21. South Korea: Aircraft Floor Panel Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 22. Rest of APAC: Aircraft Floor Panel Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)

Table 23. Rest of APAC: Aircraft Floor Panel Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)

Table 24. Rest of APAC: Aircraft Floor Panel Market, By Sales Channel – Revenue and Forecast to 2027 (US$ Million)

Table 25. Rest of APAC: Aircraft Floor Panel Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 26. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Aircraft Floor Panel Market Segmentation

Figure 2. APAC Aircraft Floor Panel Market Segmentation – By Country

Figure 3. APAC Aircraft Floor Panel Market Overview

Figure 4. APAC Aircraft Floor Panel Market, by Country

Figure 5. APAC Aircraft Floor Panel Market, By Aircraft Type

Figure 6. APAC Aircraft Floor Panel Market, By Material Type

Figure 7. APAC Aircraft Floor Panel Market, By Sales Channel

Figure 8. APAC Aircraft Floor Panel Market, By End User

Figure 9. Porter’s Five Forces Analysis

Figure 10. Ecosystem Analysis

Figure 11. APAC Aircraft Floor Panel Market: Impact Analysis of Drivers and Restraints

Figure 12. APAC Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ million)

Figure 13. APAC Aircraft Floor Panel Market Breakdown, by Aircraft Type (2019 and 2027)

Figure 14. APAC Wide body Aircraft Market Revenue and Forecast to 2027(US$ Million)

Figure 15. APAC Narrow body Aircrafts Market Revenue and Forecast to 2027(US$ Million)

Figure 16. APAC General Aviation Market Revenue and Forecast to 2027(US$ Million)

Figure 17. APAC Aircraft Floor Panel Market Breakdown, by Material Type (2019 and 2027)

Figure 18. APAC Aluminum Honeycomb Market Revenue and Forecast to 2027(US$ Million)

Figure 19. APAC Nomex Honeycomb Market Revenue and Forecast to 2027(US$ Million)

Figure 20. APAC Aircraft Floor Panel Market Breakdown, by Sales Channel (2019 and 2027)

Figure 21. APAC OEM Market Revenue and Forecast to 2027(US$ Million)

Figure 22. APAC Aftermarket Market Revenue and Forecast to 2027(US$ Million)

Figure 23. APAC Aircraft Floor Panel Market Breakdown, by End User (2019 and 2027)

Figure 24. APAC Commercial Market Revenue and Forecast to 2027(US$ Million)

Figure 25. APAC Military Market Revenue and Forecast to 2027(US$ Million)

Figure 26. APAC: Aircraft Floor Panel Market Revenue Share, By Country (2019 and 2027)

Figure 27. Australia: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28. China: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29. India: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30. Japan: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31. South Korea: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32. Rest of APAC: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33. Impact of COVID-19 Pandemic in APAC Country Markets

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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:

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Asia Pacific Aircraft Floor Panel Market Drivers and Forecasts by 2027

The APAC aircraft floor panel market is expected to grow from US$ 109.99 million in 2019 to US$ 183.00 million by 2027; it is estimated to grow at a CAGR of 8.6 % from 2020 to 2027.

APAC Aircraft Floor Panel Market Segmentation

APAC Aircraft Floor Panel Market – By Aircraft Type

APAC Aircraft Floor Panel Market – By Material Type

APAC Aircraft Floor Panel Market – By Sales Channel

APAC Aircraft Floor Panel Market – By End User

APAC Aircraft Floor Panel Market, by Country

APAC Aircraft Floor Panel Market - Companies Mentioned

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Regional Scope

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