DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/7vtx8d/global_aerospace) has announced the addition of the “Global Aerospace Fasteners Market Opportunities & Forecasts 2014-2018” report to their offering.
One of the major trends in the market is the increasing demand for low-cost carriers. In recent years, the demand for no-frills airlines has risen, especially in the APAC region. The cost-effective business model of no-frills airlines has in turn increased the demand for new aircraft in the global market. Generally, the no-frills airlines fly only on short-haul routes and provide only seats to passengers. The remaining services are either paid for or are not provided on board. These airlines generally cater to passengers who either use road or rail as their main mode of transportation.
The travel cost of no-frills airlines is almost the same as that of other modes of transportation. However, these airlines save travelers both time and effort. Thus, the increase in demand for LCCs is expected to have a positive impact on the growth of the market in the forecast period.
According to the report, one of the major drivers in this market is the growing demand for commercial aircraft from the APAC region. With the advent of the no-frills business model, the demand for new aircraft has risen drastically in the APAC region.
Further, the report states that one of the major challenges in this market is the increase in raw material prices. This rise in the prices of raw materials has resulted in pricing pressure on aircraft manufacturers, and thus they are compelled to pass on the increased cost to customers.
Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Key vendors dominating this space are:Alcoa Inc
B/E Aerospace Inc.
LISI Group
Trimas Corp.
Other vendors mentioned in the report are:3V Fastener Company, Inc
Allfast Inc
B&B Specialities, Inc
Emhart Teknologies LLC
National Aerospace Fastners Corp.
Precision Castparts Corp.
TFI Aerospace Corp.
TPS Aviation Inc
Wesco Aircraft Holding.
For more information visit http://www.researchandmarkets.com/research/7vtx8d/global_aerospaceResearch and Markets
Laura Wood, Senior Manager.
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Sector: Aerospace and Defence
via Research and Markets: Global Aerospace Fasteners Market Opportunities & Forecasts 2014-2018 | MRO.