Global Defence Aircraft Materials Market

Materials, mainly metal alloys, which are used by aircraft manufacturers are termed as aircraft materials. Military aircraft should be strong, light weighted, able to fly faster, heat resistant, with increased agility and heavier payloads. Fifth-generation technology aircraft, made of advanced composite materials, and stealth technology are emerging trends for military aircraft, which will drive its demand in the market. The global defence aircraft industry consists of combat and non-combat aircraft. The former ones are designed to destroy opponent's equipment using their own armament by attack, reconnaissance and surveillance. They are usually developed and procured only by military forces. The later ones are designed for transport and training and are used by military, border patrol enforcement, law enforcement, paramilitary forces, and other special security groups.

Market Dynamics

The major drivers of the Global Defence Aircraft Materials market is increase in demand of fuel-efficient aircraft, cheaper raw material prices, the rise in global security issues, robust economic growth, increasing demand for low-cost carriers, and advancement in technologies.

Acquisition of quality material, costly maintenance, low-cost production technologies, replacement, and overhaul are some of the major challenges for the Global defence aircraft materials market

Another major challenge is the declining of the global defense expenditure due to defense budget reductions by key defense spending nations. The U.S. government has declared for the reduction in the defense spending till 2022 which has impacted the global defense equipment manufacturer's market; especially the military aircraft manufactures market, which in turn will impact the global defense aircraft materials market.

Market Segmentation

> On the basis of Type, the global defence aircraft materials market is segmented into Aluminium Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composite Materials and Others

> On the basis of aircraft type, it is categorised into Military Aircraft, Commercial Aircraft, Helicopters, Business & General Aviation and Others

Regional/Geographic Analysis

In 2016, North America dominated the defence aircraft materials market and is anticipated to continue its supremacy during the forecast period. The major consumer of aerospace materials in North America, the United States of America's demand for aerospace materials is expected to increase during the forecast period. The presence of top aircraft manufacturers such as Boeing, Lockheed Martin, and others in the region is the primary reason for high demand for aerospace materials.

Key Players

The key companies of defence aircraft Materials Market are Constellium, ATI, AMG N.V., Toray Composites America Inc., Boeing, RTI International, Pratt & Whitney, Supply Dynamics, Airbus, SABIC's Innovative Plastics, Henkel, Aleris, Toray Industries, Alcoa Inc. Cytec Industries Inc., ICF International.

Report Contents:

> Global Defence Aircraft Materials Market segments

> Global Defence Aircraft Materials Market Drivers, Restraints and Opportunities

> Global Defence Aircraft Materials Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Defence Aircraft Materials Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>>US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Westren Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastren Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Global Defence Aircraft Materials Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage