Lucintel Report Outlines Good Growth for Global Aircraft Door Industry over the Next Seven Years

IRVING, Texas, Nov. 21, 2013 /PRNewswire-iReach/ -- The aircraft door market is one of the lucrative markets in the aerospace industry. With the rise in passenger traffic and air freight volumes, aircraft demand is expected to increase and the global aircraft door market is estimated to reach $2,630.6 million by 2020. The upcoming aircraft programs will further drive the growth of passenger and cargo doors demand.

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Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on the different types of doors in the aircraft industry and presents its findings in "Growth Opportunity in Global Aircraft Door Industry 2013-2020: Trends, Forecast, and Opportunity Analysis". From the analysis presented, aircraft door manufactures will recognize that valuable opportunities exist in the global aircraft door industry due to impressive trends in demand, quantity, growth, regional factors, etc. The industry is likely to expand with increasing demand of aircraft as global air traffic is expected to be high in all the emerging economies. Passenger door is the largest segment in the aircraft door industry and is expected to drive the total industry revenue over the next seven years.

Lucintel anticipates the various challenges faced by the industry. Aircraft door manufacturing requires high level of engineering as huge amount of research and development is needed for manufacturing aircraft door. It also requires high technological expertise and certifications from aviation authorities. Aircraft doors are manufactured under strict specification, driven by product requirement.

The aerospace market report focuses on the key industry drivers. The newer aircraft models from leading players deploy doors with larger dimensions that will further drive the aircraft door market. The newer versions of existing models are also moving towards large dimension doors.

This report offers the clients the opportunity of getting a deep understanding of global aircraft door industry along with the emerging trends and technological development in the aerospace door industry.

This report includes the analysis of aircraft door market by application in different segments such as commercial, regional, general aviation, and defense aircraft door markets on the basis of door types, such as passenger and cargo doors.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at [email protected]. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, aerospace consulting, market insight, and cost efficiency. To learn more, visit www.lucintel.com.

Media Contact: Roy Almaguer, Lucintel, +1-972-636-5056, [email protected]

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SOURCE Lucintel

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