Aircraft Mounts Market Forecasts to 2030 – Global Analysis By Material (Steel Alloys, Polyamide, Aluminium Alloys, Nickel-based Alloys, Rubber and Other Materials), Aircraft Type (Military Aircraft, Commercial Aircraft and General Aviation Aircraft), Moun

Aircraft Mounts Market Forecasts to 2030 – Global Analysis By Material (Steel Alloys, Polyamide, Aluminium Alloys, Nickel-based Alloys, Rubber and Other Materials), Aircraft Type (Military Aircraft, Commercial Aircraft and General Aviation Aircraft), Mount Type, Application, Sales Channel and By Geography

According to Stratistics MRC, the Global Aircraft Mounts Market is accounted for $858.56 million in 2023 and is expected to reach $1579.59 million by 2030 growing at a CAGR of 9.1% during the forecast period. Aircraft mount are employed in aircraft to isolate engine vibration and reduce stress. They are intended to stop harmful vibrations from getting to an aircraft's vital parts. They lessen the amount of vibration that is passed from the engine or propeller to the airframe, improving passenger comfort, reducing pilot fatigue, and safeguarding the aircraft's systems and structure against vibration damage. In order to meet the extremely strict endurance, dependability, and performance requirements of aerospace settings, airplanes are outfitted with cutting-edge aircraft mounts.

According to the data released by the United States Department of Transportation, in February 2022, airline carriers in the United States carried 46.3 million scheduled service passengers in 519,952 scheduled domestic flights.

Market Dynamics:

Driver:

Significant rise in air traffic

Since the arrival of low cost flights, there has been an increase in air traffic. The number of passengers flying has increased, which has prompted airline firms to increase the number of planes in their fleet and improve the comfort and services on both local and international flights. High-quality airplane mounts are being purchased by airlines in an effort to mitigate vibrations and shocks during flight. Greater need to provide comfort and safety to passengers has accelerated the demand for aircraft mounts.

Restraint:

Risk of faulty designs

The structure itself might become distorted or twisted if the airplane mounts are improperly built. It may result in abnormal strain or harm directly brought on by flying. The aircraft's longitudinal (pitch) stability is adversely impacted. The flawed design may result in excessive vibration, impact sounds (thud/clunk), and engine misalignment. Power delivery, shifting, and even handling may all be impacted. All of these things are hindering the market demand.

Opportunity:

Raising adoption in defense fleets

The need for airplanes is accelerating and aircraft mounts are also becoming ever more technologically advanced. The defense industry's need for aircraft mounts has been augmented by growing investments in technology developments and the creation of specialized armament and payload mounts. Future prospects are arising from the increasing need to replace an aging fleet and the anticipated growth in global defense budget. The increasing necessities for defense aircraft to fly from limited bases to combat zones and to lessen the effects of natural disasters are propelling this phenomenon.

Threat:

Parts are very expensive

The price of an airplane mount is determined by the usage of specialist materials and the need for comprehensive testing. The components must be produced with the greatest level of accuracy, resilience, and strength. As the producer is aware that if the item malfunctions and results in an accident or fatalities, they will be in big trouble, so they craft them with great care and submit them to multiple examinations. The cost of the product is further increased by the F.A.A.'s (Federal Aviation Administration) stricter criteria. This issue is hampering the market expansion.

Covid-19 Impact

The COVID-19 pandemic had a negative effect on the aircraft mount market. The onset of the pandemic led in declining in the number of air passenger traffic as well led to a shortage in terms of materials and components which are required by the manufacturers to manufacture the aircraft mounts. Travel bans and lockdowns also hampered the market. On the other hand, the decline in the number of COVID-19 cases led the market to witness gradual growth. A rise in the number of air passenger traffic as well as the opening up of borders has also led to growth in air travel in various countries.

The exterior mounts segment is expected to be the largest during the forecast period

The exterior mounts segment is estimated to have a lucrative growth. Commercial and general aviation both employ external mounts to increase the amount of storage space in the passenger cabin and the quality of the seating arrangements. Due to the growing availability of contemporary cabin storage and passenger comfort, exterior mounting dominate the commercial sector. The maintenance and repair of exterior mounts are significantly less than those of interior mounts since external mounts require less upkeep than internal mounts do. Additionally, an increase in the need for a variety of aircraft exterior mounts will result from an increase in the number of commercial aircraft due to an increase in aviation passenger traffic.

The engine mounts segment is expected to have the highest CAGR during the forecast period

The engine mounts segment is anticipated to witness the fastest CAGR growth during the forecast period. Engine mounts can also be referred as elastic, flexible, or shock mounts. Engine mounts control the engine's excessive movement in the event of extreme shocks or loads. They avoid causing harm to engines. The longevity of the engine and any linked sensor parts is increased by engine mounts. The need for these mounts is anticipated to increase with timely maintenance, planned servicing, and replacement of aircraft components.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the growing tourism sector in the region. Due to an increase in local and international commercial aircraft traffic, the aerospace sector in the Asia Pacific is on the rise. Manufacturers are concentrating on creating technologies that will capture the evolving demands of end users, including their wants for comfort and safety. More foreign tourists are coming to the country as a result of the tourism industry's expansion; this is expected to raise demand for commercial aircraft and boost the market's expansion.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the rise in aviation operations, higher aircraft deliveries in the area, and a growth in air passenger traffic. With several airline service providers, North America has a well-established aviation business. The US is regarded as the world's top producer, user, and exporter of airplane mounts. One of the most lucrative businesses in North America is the aviation sector. The leading companies have increased their investments and R&D, which has led to a sharp increase in low-cost air travel in this region.

Key players in the market

Some of the key players profiled in the Aircraft Mounts Market include Airloc Ltd., Cadence Aerospace, ESCO Technologies Inc., GMT Rubber-Metal-Technic Ltd., Hutchinson Aerospace GmbH, Lord Corporation, Mayday Manufacturing, Meeker Aviation, National Products Inc., Parker Hannifin Corporation, Shock Tech, Inc., Singapore Aerospace Manufacturing Pte Ltd, Fargo Jet Center (FJC), Trelleborg Group and VMC Group.

Key Developments:

In November 2022, Lockheed Martin announced that they have awarded Magellan Aerospace a contract to provide machine titanium components for their F-35 Lightning II Fighter Aircraft. The agreement covers the development of machined wing tie bars for the plane’s flap.

In August 2022, Parker Hannifin Corporation, the global leader in motion and control technologies, announced a partnership to further the development of electric flight. Eviation Aircraft has engaged Parker Aerospace to develop six technology system packages for Alice, the first-of-its-kind all-electric commuter aircraft. The two industry leaders are entering the design phase for the production and certification phase of Alice that will reimagine regional travel.

In June 2022, Fargo Jet Center (FJC) announced that they have earned an FAA Supplemental Type Certificate (STC) for a universal retractable sensor mount (RSM) for special mission aircraft operations.

Materials Covered:
• Steel Alloys
• Polyamide
• Aluminium Alloys
• Nickel-based Alloys
• Rubber
• Other Materials

Aircraft Types Covered:
• Military Aircraft
• Commercial Aircraft
• General Aviation Aircraft

Mount Types Covered:
• Interior Mounts
• Exterior Mounts

Applications Covered:
• Engine Mounts
• Vibration/Shock Isolation
• Suspension

Sales Channels Covered:
• Replacement
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements



Companies Mentioned
Airloc Ltd.
Cadence Aerospace
ESCO Technologies Inc.
GMT Rubber-Metal-Technic Ltd.
Hutchinson Aerospace GmbH
Lord Corporation
Mayday Manufacturing
Meeker Aviation
National Products Inc.
Parker Hannifin Corporation
Shock Tech, Inc.
Singapore Aerospace Manufacturing Pte Ltd
Fargo Jet Center (FJC)
Trelleborg Group
VMC Group