Global Aircraft Doors Market projected to reach USD 9.3 billion by 2033, driven by demand

From GlobeNewswire: 2024-08-06 16:00:00

The Global Aircraft Doors Market is projected to reach USD 9.3 billion by 2033, driven by demand for commercial and military aircraft. Market growth is fueled by advancements in technology, such as lightweight materials, innovation in safety features, and regulatory requirements. North America dominates the market, while Asia Pacific experiences rapid growth.

The commercial segment leads the market due to increasing demand for new aircraft and improved door efficiency. The OEM segment also holds a significant market share, benefiting from material innovations and safety compliance. North America is expected to dominate the market, with key players focusing on R&D for new technologies and compliance with safety standards.

Major vendors in the Global Aircraft Doors Market include Airbus, Boeing, and Saab AB. Recent developments include Airbus awarding a contract to Tata Advanced Systems Ltd. for manufacturing cargo doors for the A320neo family. Market segmentation analysis forecasts revenue globally and regionally from 2023 to 2033. The market is expanding, driven by technological advancements and a growing aviation sector.



Read more at GlobeNewswire: Global Aircraft Doors Market Size To Worth USD 9.3 Billion