Aircraft Mounts: Introduction
- Aircraft mounts are used to attach the engine to the airframe and helps in distributing the weight of the engine.
- Aircraft mounts are made from tubular steel chrome-molybdenum and are joined together to form the mounting structure. Aircraft mounts are lightweight, possess high toughness, and help to preserve high strength even at temperatures of up to 500 °C.
- Aircraft mounts are mainly used in general aviation aircraft, commercial aircraft, and military aircraft (fighter jets, defence helicopters).
- Emphasis on enhancing safety & comfort, rising manufacturing of commercial aircraft and military aircraft, and repair & maintenance of the same is likely to boost the growth of the aircraft mounts market during the forecast period.
Rise in Demand for Use in Engine Mounts
- Engine mounts is expected to be the fastest growing segment of the aircraft mounts market during the forecast period. Engine mounts are also known as shock mounts, flexible, and elastic mounts.
- Demand for engine mounts is expected to rise during the forecast period, due to the increasing efforts of manufacturers to shield engineering equipment in aircraft and enhance operational capabilities. Engine mounts protect the engine from abnormal shocks or loads and minimize the movement of the engine. Rising demand for airplane safety and comfort is expected to fuel the demand for engine mounts during the forecast period.
- Growing manufacturing of commercial and military (defense) aircraft and increase in air traffic across major economies is expected to support the demand for aircraft mounts during the estimated time. Aircraft mounts also provide durability, strength, and reduce the noise of aircraft components as well as provide damage tolerance to aircraft engine.
- Engine mounts loses their stability over a period of time owing to high vibrations in the compartments, thus leading to need for on time maintenance, services, and replacement of the mounts.
- Another restraint of aircraft mounts is high raw material cost.
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North America to Lead the Aircraft Mounts Market
- In terms of region, the global aircraft mounts market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- North America is anticipated to dominate the global aircraft mounts market throughout the forecast period, as a large number of manufacturers of aircraft mounts operate in the region.
- The United States and Canada are considered the largest operators, manufacturers, and exporters of aircraft mounts globally. North America has one of the most profitable aviation industries. Rising commercial air traffic and a growing defense sector in the region are expected to drive the demand for aircraft mounts.
- Asia Pacific holds the second largest share of the aircraft mounts market due to rising number of commercial flights, rising domestic & overseas travel, and growing tourism. In particular, Southeast Asia is attractive to international visitors, which is anticipated to drive the demand for commercial planes and have a positive impact on the growth of the aircraft mounts market.
- The aircraft mounts market in Europe is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.
Key Players Operating in the Global Aircraft Mounts Market
The global aircraft mounts market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancements and expansion to meet the rising demand for aircraft mounts. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative products.
Key players operating in the global aircraft mounts market are listed below:
- Lord Corporation
- AirLoc Ltd.
- Hutchinson Aerospace GmbH
- Trelleborg AB
- GMT Rubber
- Cadence Aerospace LLC
- MAYDAY Manufacturing
- Shock Tech, Inc.
- VMC Group
- VibraSystems Inc.
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Global Aircraft Mounts Market: Research Scope
Global Aircraft Mounts Market, by Aircraft Type
- General Aviation
Global Aircraft Mounts Market, by End-use
Global Aircraft Mounts Market, by Mount Type
- External Mounts
- Internal Mounts
Global Aircraft Mounts Market, by Material
- Nickel-based alloys
- Aluminum Alloys
- Steel Alloys
Global Aircraft Mounts Market, by Application
- Vibration/ Shock Isolation
- Engine Mounts
Global Aircraft Mounts Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
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- Latin America
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2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
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