Aircraft Enclosures Market is Estimated to Register a CAGR of Nearly 4.9% During the Forecast Period :

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Aircraft Enclosures Market Research Report -
Global Forecast till 2025
www.marketresearchfuture.com
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Market Scenario Aircraft enclosures are cabinets
that are utilized to protect critical electronic
components. Aircraft enclosures offer protection
to components against aircraft fluids and static
electricity. Furthermore, they assist in reducing
thermal loads. Stringent government regulations
regarding aircraft and passenger safety are
propelling aircraft manufacturers to invest in
aircraft enclosures. Increasing air traffic and
the subsequent demand for new aircraft are the
key factors driving the growth of the global
aircraft enclosures market. Report Sample
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t/8407
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Segmentation of the Global Aircraft Enclosures
Market On the basis of aircraft type, the global
aircraft enclosures market has been divided into
commercial, military, regional, and others. In
2018, the commercial segment dominated the
market. Increasing air travel across the globe
and rising air passenger traffic are expected to
drive the growth of the segment. According to the
International Civil Aviation Organization (ICAO),
the number of passengers carried by airlines
increased from 4 billion passengers in 2017 to
4.3 billion passengers in 2018. Hence, the
segment is expected to register the highest CAGR
during the forecast period. Browse Complete
Report Details https//www.marketresearchfuture.c
om/reports/aircraft-enclosures-market-8407
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Scope of the Report In terms of region, the
global aircraft enclosures market has been
segmented into North America, Europe,
Asia-Pacific, the Middle East Africa, and Latin
America. North America accounted for a dominant
share of the market in 2018. However, the market
in Asia-Pacific is projected to register the
highest CAGR during the forecast period.  The
growing demand for new aircraft in the region to
cater to the rising air passenger traffic is
expected to drive the growth of the aircraft
enclosures market in Asia-Pacific. China is
expected to require over 7,400 new passenger
aircraft and fighters between 2018 and 2037,
which is a significant factor driving the growth
of the regional market.
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Key Players The key players in
the global aircraft enclosures are Carlisle
Interconnect Technologies (US), Garmin Ltd (US),
Collins Aerospace (US), Ducommun Incorporated
(US), Honeywell International Inc. (US), Thales
Group (France), TE Connectivity (Switzerland),
Precision Metal Industries (US), and
Curtiss-Wright Corporation (US). Research
Methodology The market values and forecasts are
derived using MRFR research methodology, which
includes secondary research, primary interviews,
data triangulation, and validation from an
in-house data repository and statistical modeling
tools.
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