Aircraft Transparencies Market value expected to reach $1.5 billion by 2025

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The report on the aircraft transparencies market
provides a detailed trend analysis from 2017 to
2025. It discusses industry and technology trends
currently prevailing in the market, along with
drivers, restraints, challenges, and
opportunities that influence the growth of the
market. The global aircraft transparencies
market size is projected to grow from USD
1.0 billion in 2020 to USD 1.5 billion by 2025,
at a CAGR of 7.7 from 2020 to 2025.
The market is driven by various factors, such
as increase in number of aircraft deliveries
and adoption of aircraft transparencies to
increase aircraft performance, efficiency and
safety. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id241023638 Ba
sed on material, the polycarbonate segment is
expected to be the largest market by value. The
growth of the polycarbonate segment of the
aircraft transparencies market can be attributed
to the characteristics of polycarbonate such as
increased toughness, excellent dimensional
stability, increased optical clarity, high heat
resistance, and excellent electrical
resistance. Based on application, the windows
segment is projected to be the highest CAGR
rate for the aircraft transparencies market
during the forecast period. The growth of the
windows segment of the aircraft transparencies
market can be attributed to the increased demand
for aircraft and the type of aircraft
produced. Based on the aircraft type, the
commercial aviation segment is projected to be
the highest CAGR rate for the aircraft
transparencies market during the forecast period.
The commercial aviation segment includes narrow
body aircraft, wide body aircraft, regional
transport aircraft, and commercial helicopters.
This growth can be attributed to factors such as
increasing air travel, rise in disposable income
of the middle-class population, and increased
international trade and tourism across the
globe. Strong growth in this sector has resulted
in an increased number of aircraft orders to
address the increasing air passenger
traffic. Based on the end use, the OEM segment is
projected to grow at the highest CAGR rate for
the aircraft transparencies market during the
forecast period. Over the years, there has been
a significant rise in demand for single-aisle
aircraft across regions. As per the recent
press release by Airbus in January 2020, it
delivered 863
2
commercial aircraft to 99 customers in 2019,
outpacing its previous output record set in 2018
by 8. Based on the region, North America is
projected to be the largest regional share for
the aircraft transparencies market during the
forecast period. The key factor responsible for
North America, leading the aircraft
transparencies market owing to the rapid growth
of the technologically advanced transparencies in
the region. In North America, the increase in
aircraft orders and supplies is encouraging
manufacturers of aircraft transparencies to
increase their sales year on year. Moreover,
increasing demand for commercial aircraft and
presence of some of the leading players
operating in the market, such as PPG Industries
(US), Lee Aerospace (US), Nordam Group (US),
Gentex Corporation (US), and GE Aviation (US),
are expected to drive the growth of the aircraft
transparencies market in North America. These
players are focusing on RD to increase their
product lines and using advanced materials, such
as acrylic and polycarbonate, for manufacturing
aircraft transparencies. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
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