The Commercial Aircraft Floor Panels Market size is estimated at USD 392.64 million in 2024, and is expected to reach USD 493.17 million by 2029, growing at a CAGR of 4.67% during the forecast period (2024-2029).
The commercial aircraft floor panels industry is semi-consolidated. The prominent players in the commercial aircraft floor panels market are The Gill Corporation, Triumph Group, Singapore Technologies Engineering Ltd., Collins Aerospace (RTX Corporation), and Lufthansa Technik AG. These players are the suppliers of floor panels on the majority of aircraft programs of Airbus and Boeing.
For instance, in the Boeing B787 Dreamliner, Collins Aerospace provides heated floor panels & integrated controllers; The Gill Corporation provides Gillfab 4809 floor panels with Kevlar honeycomb core & carbon fiber reinforced epoxy skins, and Triumph Group provides composite environmental control systems (ECS) ducting and floor panels. In a few aircraft programs, the passenger and cargo floor panels will be installed with panels from different companies. Innovation and expansion of product portfolio are anticipated to provide companies a competitive edge over others.
For instance, the new Airbus A321XLR aircraft’s Doors-1 and Doors-4 entrance areas have new heated floor panels. Collins Aerospace has developed aeroBASE multi-use honeycomb floor panels for weight reduction and increased longevity, and the company offers 30 other standard configurations of floor and interior panels.
Additionally, long-term contracts with aircraft OEMs are anticipated to support the growth of companies. For instance, TRB Lightweight Structures offers customized solutions for floor panel replacement. TRB has been leading the way in the design and manufacture of lightweight floor panels since 1954. In June 2023, TRB Lightweight Structures successfully replaced balsa wood and aluminum floor panels in B-17 Flying Fortress aircraft.
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