seobhushan (42)

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Aerospace Defense C-class Parts Market is
projected to reach CAGR 4.7 by 2027
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Key Insights from Aerospace defense C-class
Parts Market

• Rising commercial and military activities across
  the globe, along with increasing air travel has
  led to a considerable expansion of the worldwide
  aircraft industry over the recent years. This in
  turn is driving the demand for aerospace
  defense C-class parts across the aviation sector.
  
• Aerospace industry requires different types of
  C-class parts like fasters, bearings, electrical
  components, etc. Aerospace bearings are observing
  heightened demand owing to their increased
  utility across a wide range of aerospace
  applications. The applications include flight
  controls engines, landing gear, passenger
  seating and made-to-measure applications.
  Aerospace bearings find important application in
  wide-body airplanes which is instigating their
  demand significantly. Considering these factors,
  aerospace bearings segment is anticipated to
  observe a substantial CAGR of over 5 through
  2027.

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Regional Insights in Aerospace defense C-class
Parts Market

• The industry is observing a considerable
  expansion in Asia Pacific region on account of
  the rising air traffic and increasing
  Maintenance, Repair, and Overhaul requirements in
  the countries including India, China and South
  East Asian countries. Reportedly, Asia Pacific
  aerospace defense C-class parts market is
  expected to record a robust CAGR of over 5
  through 2027.
• According to the 2021 statistics by the leading
  aircraft manufacturer Boeing, airline market in
  Southeast Asia is expected to become the fifth
  largest regions on the global fronts by 2039.
  Southeast Asian airlines will require 4400 more
  aircrafts valued at USD 700 billion to cater to
  the rising demand for air travel in the following
  20 years. Of these, widebody aircrafts are
  expected to be in high demand. This industry
  expansion will in turn create the demand for
  aerospace defense C-class parts, which will
  positively influence the regional market.

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C-class Parts Market _at_ https//www.gminsights.com/
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Major Companies in Aerospace defense C-class
Parts Market

• Amphenol
• Stanley Black Decker Inc.
• Eaton Corporation
• RCB Bearings Incorporated
• Trimas Corporation

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Industry Coverage

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