Global Aerospace Pressure Bulkhead Market - Market Size & Forecasting To 2032
The aerospace pressure bulkhead market is estimated to be USD 423.4 million in 2022 and is projected to reach USD 811.8 million by 2032, at a CAGR of 6.7% during the forecast period. Primary focus on passenger safety, government regulations & rising implementation of rigorous norms, increased local & commercial aircraft deliveries, are some of the prime factors driving the growth of the aerospace pressure bulkheads market. Similarly, increasing technological advancement in the aviation industry is expected to fuel the growth of the aerospace pressure bulkhead market.
The aerospace pressure bulkhead is an essential part of the airframe of a large local and commercial aircraft that is mounted between the tail and the cabin, enabling cabin pressure to be maintained. This is considered very necessary for the safety of crew members and passengers. The front pressure bulkhead is situated near the nose landing gear, and the front cabin pressure is retained, while the rear pressure bulkhead protects the passenger compartment.
Aviation regulations to reduce pollutant emission for passenger safety in the event of a fire would be a primary factor influencing demand in the aerospace pressure bulkhead market.
Aerospace pressure bulkhead market is segmented on the basis of aircraft type, material type, shape type, manufacturing process type and region. Material type segment includes metal and composite based products. Metal based product accounts for the largest market share of aerospace pressure bulkheads over the forecast period.
Shape type segment divided into flat pressure bulkhead and curved pressure bulkhead. It is projected that flat pressure bulkhead will remain the market's most dominant segment over the forecast period. According to manufacturing process type divided into sheet stamping, resin infusion process and prepreg layup.
By region, this market is segmented by North America, Asia Pacific, Western Europe, Eastern Europe, Middle East and
Rest of the World (South America and Africa). In the aerospace pressure bulkheads market North America holds the largest market share. Some of the major driving factors in North America’s market for aerospace pressure bulkheads are increased use of narrow body aircraft, and strong passenger safety priority among others. Aerospace pressure bulkhead market in Asia Pacific is expected to experience the fastest growth over the projected period. Rising aircraft fleet to help increased passenger traffic in countries like China, India and Japan is the key factor driving regional share of the industry. Opening of Airbus and Boeing assembly facilities for the aircraft programs A330, A320, B737 would stimulate PD.
The competitive scenario highlights the performance of major companies operating in this market. This includes detailed profiling of major companies and their competitive benchmarking. Product profiling provides key information including products/solutions offered, key developments, company performances, and strategies adopted in the recent years. Major companies profiled in the market include Airbus Group, Bombardier, Spirit Aerosystems, RUAG Holding, Aernnova Aerospace, Premium Aerotech, Kawasaki Heavy Industries and others. These companies have adopted product development, expansion, and merger strategies to consolidate market position amongst intense competition