The global aircraft window and windshield market reflects a steady growth path growing at a value CAGR of 3.5% during the forecast period. According to the market forecast, aviation market has boosted the demand for both cockpit windshields and cabin windows of aircrafts. There are different types of aircrafts in the market like small body, wide body, very large boy aircraft and regional aircraft. The continuously increasing aircraft numbers globally will directly impact the demand of window products. Also, the increasing per capita consumption in emerging countries has led to increase in the airline passenger traffic. This, in turn, has increased the intake among aircraft manufacturers which in turn has been a driving factor for the global aircraft window and windshield market. The market analysis shows that among different applications, cabin windows segment leads with a high margin, as it is expected to reach a market value of over US$ 770 Mn by the end of 2025. The segment also leads in terms of CAGR, with an expected rate of 3.6% during the forecast period. Thus, cabin windows application segment is expected to drive overall growth of aircraft window & windshield market. Aircraft deliveries coupled with rising defense spending have major impact over demand.
Advancements in the aircraft windows and windshields, and its increasing applications to boost the market growth
There are continuous advancements taking place in the aircraft windows and windshields. Aircraft OEMs are replacing traditional pull-down plastic shade window with larger dimming windows that can be adjusted to let in desired quantity of light. One of the most notable collaborations for the development of these windows is between Gentex and PPG Aerospace. The new window enables controlling the window by the passengers through a transparent color video touchscreen on the window or directly by the crew through the flight attendant panel to regulate light and heat, reduce noise inside the cabin and other services. New innovative products can help airlines build their brand image by offering creative tailored use of this new interactive passenger amenity and can also maximize revenue as a result of increased value of window seats. European carriers are currently driven towards more efficient planes for reducing fuel costs as well as to comply with the EU’s Emissions Trading System, the cap-and-trade scheme designed to cut greenhouse gas emissions. Moreover, airlines have been taking steps to cut fuel consumption by switching to lighter interior component products, which will also boost the demand for aircraft windows with less weight.
Increase in application of aircraft window and windshield is also driven by replacements of aging aircrafts taking place in the industry
The aircraft market is demanding an increase in the replacement of aircraft windows and windshields. According to an estimate by the leading aircraft manufacturer, Airbus, it is projected that nearly 11,000 passenger aircrafts need to be replaced, largely in the single-aisle segment in the next two decades. Operating efficiency and the revenue requirements of the operating airlines is driving the need for replacement of aging fleet of commercial aircrafts. Emerging environmental concerns, new regulations and airspace modernization will also contribute to larger backlog of aircraft orders.
Extensive primary and secondary market research to obtain relevant data points
The research methodology adopted by Persistence Market Research is a strong combination of in-depth secondary research and extensive primary interviews with key industry stakeholders and domain experts to gather the necessary data and information pertaining to the specific market being researched; followed by a multi-layer validation of the gathered data to glean pertinent market insights capable of impacting critical business decisions. This exhaustive methodology has been followed during the study of the global aircraft window & windshield market and the findings and insights have been presented in a systematic manner in the global aircraft window and windshield market research report.
The secondary research adopted in this market study incorporates manufacturers’ market overview; production trends and forecast of aircraft window & windshield across various regions; historical and forecasted sales value and volume trends; and market dynamics across key assessed geographies. Primary research focuses on the present and future market scenario in developed nations and emerging economies; drivers, restraints, challenges, trends, and opportunities; manufacturers’ top business strategies; criteria for market segmentation; segmental value and volume split; and average product cost analysis. Data analysis comprises sales correlation of aircraft window & windshield; macroeconomic factor analysis; historical trend analysis; and statistical analysis.
Leveraging key market sources to gather pertinent market data
In the drafting of this report, we have referred to authentic sources such as industry association publications, annual reports_bk_01_01_2020, publications, and presentations of key manufacturers of aircraft window & windshield, and sources such as World Bank, trade data, and government websites. Extensive primary interviews with industry experts, manufacturers and suppliers of aircraft window & windshield, and industry association members complete the data gathering process.
Market sizing and forecasting
This involves estimation of market volume in units and market value in US$ Mn; regional average pricing of products to arrive at revenue estimates; and factor analysis and CAGR and Y-o-Y growth used to deduce market projections. Data reporting involves establishing qualitative and quantitative data and facts as well as market dynamics.
Cohesive report structure for seamless flow of information and insights
The report on the global aircraft window & windshield market follows a systematic structure that enables report readers to grasp the nuances of the global market across the various segments and assessed regions in an easy-to-understand format. An executive summary that is essentially a snapshot of the global aircraft window & windshield market precedes the market introduction, market outlook, and market viewpoint chapters. The next few sections provide a historical value and volume analysis of the global aircraft window & windshield market for the period 2012 – 2016 along with a detailed forecast for the period 2017 – 2025.
This is followed by an individual regional market analysis and forecast of the assessed geographies – focussing on the prominent countries within these regions and the different market segments. These regional forecasts indicate the regional pricing analysis (historical and current value and volume forecasts) and highlight the drivers, restraints, and trends likely to impact the specific regional markets for aircraft window & windshield. Impact analysis of drivers and restraints, list of key regional market participants, and a competitor market presence intensity mapping conclude these sections.
The next and most important section of the report is based on the competitive landscape of the global aircraft window & windshield market. This section provides a dashboard view of the top companies operating in the global aircraft window & windshield market along with detailed company profiles including overview, financials, business strategies, and recent market developments. Information on the research methodology adopted and a list of assumptions and acronyms used throughout the publication conclude the report.
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