Middle East and Africa Aircraft Floor Panel Market Developments and Forecast by 2027
Middle East and Africa 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 : TIPRE00017244
- Category : Aerospace and Defense
- Status : Published
- Available Report Formats :
- No. of Pages : 107
The MEA aircraft floor panel market is expected to grow from US$ 33.96 million in 2019 to US$ 47.63 million by 2027; it is estimated to grow at a CAGR of 5.4 % from 2020 to 2027.
The Saudi Arabia, South Africa, and UAE are the major economies in MEA. The MEA aviation industry players are emphasizing the manufacturing and integration or mounting of lightweight materials on aircraft. The aviation authorities, aircraft manufacturers, aircraft component manufacturers, MRO service providers, and military forces across MEA region are seeking lightweight materials for each component to extend the flying range of the aircraft and increase fuel efficiency. Since the floor panels are critical components of any aircraft, the demand for lightweight floor panels is on the rise. This factor compels floor panel manufacturers across MEA region to design and develop the lightest possible floor panels for modern aircraft fleet. The MEA aircraft floor panel market players are leveraging the low weight nature of nomex and aluminum honeycomb structures. Both the materials are widely used in the construction of aircraft floor panels; however, nomex being 20% lighter than aluminum, the inclination toward nomex honeycomb floor panels is higher among the aircraft manufacturers, which would drive its adoption during the forecast period across MEA region. In addition to being lightweight in nature, the nomex honeycomb structures have a longer lifespan than its counterpart aluminum. The longer lifespan facilitates the aircraft operators to use the structure over a longer period without the need for frequent MRO service adoption. Advantage of lightweight materials such as long lasting, more fuel efficiency etc. are expected to increase their demand for floor panel manufacturing, which will drive the MEA aircraft floor panel market.Further, in case of COVID-19, MEA is highly affected specially the UAE and Iran. The MEA aircraft floor panels market is majorly affected by the disruption in the supply chain. Pertaining to the closure of countries' borders, the supply chain of several components and parts has been disturbed. The demand for advanced aircraft components, including aircraft floor panels for line fitting and retrofitting activities on military aircraft fleet and general aviation fleet among the aircraft manufacturers, military forces, and MRO service providers, has weakened over the past couple of months. This has resulted in a loss of business among the aircraft floor panel market players offering their products to respective customers in the MEA region. Additionally, several airlines have postponed or canceled the procurement or orders of scheduled aircraft. South Africa has few aircraft manufacturers, which produce general aviation piston aircraft. The widespread COVID – 19 viruses have led the manufacturers to suspend their operations or operate with a minimal workforce temporarily. This has weakened the demand for aircraft floor panels, thereby hindering the country's aircraft floor panel market
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 MEA aircraft floor panel market. The MEA aircraft floor panel market is expected to grow at a good CAGR during the forecast period.
MEA Aircraft Floor Panel Market Segmentation
MEA Aircraft Floor Panel Market – By Aircraft Type
- Wide Body Aircrafts
- Narrow Body Aircrafts
- General Aviation
MEA Aircraft Floor Panel Market – By Material Type
- Aluminum Honeycomb
- Nomex Honeycomb
MEA Aircraft Floor Panel Market – By Sales Channel
- OEM
- Aftermarket
MEA Aircraft Floor Panel Market – By End User
- Commercial
- Military
MEA Aircraft Floor Panel Market, by Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
MEA Aircraft Floor Panel Market - Companies Mentioned
- Aim Altitude UK Ltd.
- Collins Aerospace, a Raytheon Technologies Corporation company
- Euro Composite S.A.
- Safran S.A
- Singapore Technologies Engineering Ltd
- The Gill Corporation
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
Saudi Arabia
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. MEA 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. MEA Aircraft Floor Panel Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Aircraft Orders and Delivery Volumes
5.1.2 Mounting Emphasis on Use of Lightweight Materials
5.2 Market Restraint
5.2.1 Boeing’s Disappointment from B737 Max and Cancellation of A380 Program
5.3 Market Opportunities
5.3.1 Burgeoning Adoption of Wide-Body Jets and Business Jets
5.4 Trend
5.4.1 Increasing Demand for Air Freighter Fleet
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Floor Panel Market – MEA Analysis
6.1 Overview
6.2 MEA Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ million)
6.3 Market Positioning – Players Ranking
7. MEA Aircraft Floor Panel Market Analysis – By Aircraft Type
7.1 Overview
7.1.1 MEA 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. MEA Aircraft Floor Panel Market Analysis – By Material Type
8.1 Overview
8.2 MEA 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. MEA Aircraft Floor Panel Market Analysis – By Sales Channel
9.1 Overview
9.2 MEA 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. MEA Aircraft Floor Panel Market Analysis – By End User
10.1 Overview
10.2 MEA 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. MEA Aircraft Floor Panel Market – Country Analysis
11.1 Overview
11.1.1 MEA: Aircraft Floor Panel Market, by Key Country
11.1.1.1 South Africa: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1 South Africa: Aircraft Floor Panel Market, by Aircraft Type
11.1.1.1.2 South Africa: Aircraft Floor Panel Market, by Material Type
11.1.1.1.3 South Africa: Aircraft Floor Panel Market, by Sales Channel
11.1.1.1.4 South Africa: Aircraft Floor Panel Market, by End User
11.1.1.2 Saudi Arabia: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1 Saudi Arabia: Aircraft Floor Panel Market, by Aircraft Type
11.1.1.2.2 Saudi Arabia: Aircraft Floor Panel Market, by Material Type
11.1.1.2.3 Saudi Arabia: Aircraft Floor Panel Market, by Sales Channel
11.1.1.2.4 Saudi Arabia: Aircraft Floor Panel Market, by End User
11.1.1.3 UAE: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1 UAE: Aircraft Floor Panel Market, by Aircraft Type
11.1.1.3.2 UAE: Aircraft Floor Panel Market, by Material Type
11.1.1.3.3 UAE: Aircraft Floor Panel Market, by Sales Channel
11.1.1.3.4 UAE: Aircraft Floor Panel Market, by End User
11.1.1.4 Rest of MEA: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.4.1 Rest of MEA: Aircraft Floor Panel Market, by Aircraft Type
11.1.1.4.2 Rest of MEA: Aircraft Floor Panel Market, by Material Type
11.1.1.4.3 Rest of MEA: Aircraft Floor Panel Market, by Sales Channel
11.1.1.4.4 Rest of MEA: Aircraft Floor Panel Market, by End User
12. Impact of COVID-19 Outbreak
12.1 MEA: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
14. Company Profiles
14.1 Collins Aerospace, a Raytheon Technologies Corporation company
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 Aim Altitude UK Ltd.
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 Euro Composite S.A.
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 Safran S.A
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 The Gill Corporation
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 Singapore Technologies Engineering Ltd
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
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. MEA Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ million)
Table 2. South Africa: Aircraft Floor Panel Market, by Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. South Africa: Aircraft Floor Panel Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. South Africa: Aircraft Floor Panel Market, by Sales Channel – Revenue and Forecast to 2027 (US$ Million)
Table 5. South Africa: Aircraft Floor Panel Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 6. Saudi Arabia: Aircraft Floor Panel Market, by Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Saudi Arabia: Aircraft Floor Panel Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Saudi Arabia: Aircraft Floor Panel Market, by Sales Channel – Revenue and Forecast to 2027 (US$ Million)
Table 9. Saudi Arabia: Aircraft Floor Panel Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 10. UAE: Aircraft Floor Panel Market, by Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. UAE: Aircraft Floor Panel Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. UAE: Aircraft Floor Panel Market, by Sales Channel – Revenue and Forecast to 2027 (US$ Million)
Table 13. UAE: Aircraft Floor Panel Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of MEA: Aircraft Floor Panel Market, by Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of MEA: Aircraft Floor Panel Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of MEA: Aircraft Floor Panel Market, by Sales Channel – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of MEA: Aircraft Floor Panel Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Aircraft Floor Panel Market Segmentation
Figure 2. MEA Aircraft Floor Panel Market Segmentation – By Country
Figure 3. MEA Aircraft Floor Panel Market Overview
Figure 4. MEA Aircraft Floor Panel Market, by Country
Figure 5. MEA Aircraft Floor Panel Market, By Aircraft Type
Figure 6. MEA Aircraft Floor Panel Market, By Material Type
Figure 7. MEA Aircraft Floor Panel Market, By Sales Channel
Figure 8. MEA Aircraft Floor Panel Market, By End User
Figure 9. Porter’s Five Forces Analysis
Figure 10. Ecosystem Analysis
Figure 11. MEA Aircraft Floor Panel Market: Impact Analysis of Drivers and Restraints
Figure 12. MEA Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ million)
Figure 13. MEA Aircraft Floor Panel Market Breakdown, by Aircraft Type (2019 and 2027)
Figure 14. MEA Wide body Aircraft Market Revenue and Forecast to 2027(US$ Million)
Figure 15. MEA Narrow body Aircrafts Market Revenue and Forecast to 2027(US$ Million)
Figure 16. MEA General Aviation Market Revenue and Forecast to 2027(US$ Million)
Figure 17. MEA Aircraft Floor Panel Market Breakdown, by Material Type (2019 and 2027)
Figure 18. MEA Aluminum Honeycomb Market Revenue and Forecast to 2027(US$ Million)
Figure 19. MEA Nomex Honeycomb Market Revenue and Forecast to 2027(US$ Million)
Figure 20. MEA Aircraft Floor Panel Market Breakdown, by Sales Channel (2019 and 2027)
Figure 21. MEA OEM Market Revenue and Forecast to 2027(US$ Million)
Figure 22. MEA Aftermarket Market Revenue and Forecast to 2027(US$ Million)
Figure 23. MEA Aircraft Floor Panel Market Breakdown, by End User (2019 and 2027)
Figure 24. MEA Commercial Market Revenue and Forecast to 2027(US$ Million)
Figure 25. MEA Military Market Revenue and Forecast to 2027(US$ Million)
Figure 26. MEA: Aircraft Floor Panel Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. South Africa: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Saudi Arabia: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. UAE: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Rest of MEA: Aircraft Floor Panel Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in MEA 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:
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.
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