Global Aircraft Enclosures Market Research Report: Information by Aircraft Type (Commercial, Military, Regional and others), Material (Aluminum, Composite and others), Process (Injection Molding, Stamping and others), Application (In-Flight Entertainment, Avionics, Embedded Computing and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) — Forecast till 2025Market HighlightsThe growth of the global aircraft enclosures market can be attributed to a growing emphasis on passenger and aircraft safety and increasing air passenger traffic.
Furthermore, stringent government regulations pertaining to aircraft enclosures are bolstering market growth.
For example, the US Federal Aviation Administration (FAA) provides guidelines regarding installing electrical boxes on aircraft.The enhanced safety offered by aircraft enclosures against electrical accidents is expected to drive market growth.
However, rising fuel prices and the backlog in new commercial aircraft deliveries may hamper the growth of the market.For free sample: http://bit.ly/31krTGHRead on marketresearchfuture.comIn terms of region, the global aircraft enclosures market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
North America accounted for a dominant share of the market in 2018.
However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period.The growing demand for new aircraft in the region to cater to the rising air passenger traffic is expected to drive the growth of the aircraft enclosures market in Asia-Pacific.