Aircraft Mount Market Key Players, SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2027

The primary factor contributing towards the growth of the Global Aircraft Mount market includes the increasing adoption of mounts in the aviation industry driven by the growing emphasis to improve passenger safety and comfort level in aircraft across the globe. The increasing need to reduce vibrations, shocks, and noise problems created by the aircraft components is driving the demand of the market. The mounts used in aircraft provides enhanced protection by lowering the frequency of disturbances and isolation from the vibration, thus decreasing the amount of noise created by airplane. The growing importance of engine mounts to support the engine and transmit loads, will attract a large number of end-users towards the adoption of engine mounts to reduce disturbance. In addition to this, the rise in aircraft backlogs is encouraging the manufacturers to increase their production capacity, which will accelerate the demand for the Global Aircraft Mount market. For instance, Boing and Airbus reported order backlogs amounting to 12,838 commercial aircraft, corresponding to 7.1 and 8.9 years of annual production for Boing and Airbus, respectively. The increasing backlogs and the growing commercial air traffic are promoting the manufacturers to increase their manufacturing capacities, thereby boosting the demand of the market. On the other hand, the increasing price of OEMs and other factors such as incorrect prediction of future demand, design change resulting in a shortage of supply, will hamper the growth of the market during the forecast period.

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The aircraft mount connects the engine to the airframe and helps in distributing the weight of the engine. The mounts are made from several tubular steel chrome-molybdenum and are welded together to form the mounting structure. They are lightweight, possess high fracture toughness, and helps in maintaining high strength even at temperatures of up to 500 °C. The engine mount supports and isolates the airplane structure from adverse engine vibrations and reduces the noise of aircraft components. They are mainly used in commercial aircraft, general aviation aircraft, and in the military aircraft such as fighter jets and military helicopters.

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Based on Application, the Global Aircraft Mount market is segmented into Vibration/Shock Isolation, Suspension, and Engine Mount. The Engine mount segment is anticipated to lead the market during the forecast period owing to the increasing adoption of engine mounts to protect engineering equipment in aircraft and enhance operational capabilities. The engine mounts minimize the movement of the engine from abnormal shocks and loads.

Based on End-Use, the Global Aircraft Mount market is segmented into Original Equipment Manufacturer (OEM) and Replacement. The replacement segment is expected to grow at a higher CAGR during the forecast period due to the growing trend of timely inspection of the aircraft mounts to ensure the efficient functioning of aircraft. The investigation reduces the chances of equipment damage and promotes the replacement of the equipment if required.

Based on Material, the Global Aircraft Mount market is segmented into Nickel-Based Alloys, Aluminium Alloys, Steel Alloys, Rubber, Polyamide, and Others. The Aluminium alloys segment is anticipated to lead the market during the forecast period owing to the increasing usage of aluminium alloys in the manufacturing of modern aircraft. The market players in the aircraft manufacturing industry are aiming to improve durability and reduce the overall weight of the airplane, thereby surging the demand of aluminium alloys to enhance the strength of the aircraft.

Based on Aircraft Type, the Global Aircraft Mount market is segmented into Commercial aircraft, General aviation aircraft, and Military aircraft. The commercial aircrafts are projected to grow at a higher CAGR during the forecast period owing to the expansion in the number of air passengers across the globe. The high-disposable income of middle-class families and the significant drop in the price of air tickets is encouraging the consumer to opt for air traveling, which in turn, is accelerating the demand for commercial airplanes across the globe. Moreover, the growing presence of domestic airlines in developing economies such as India, Thailand, and Germany, will further complement the increasing demand of the market over the coming years.

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Based on the Region, the North America region is anticipated to lead the market during the forecast period owing to the growing commercial air traffic in this region. According to IATA, the air passenger traffic in North America grew by 6.5% in 2019 as compared to 2018. The US is one of the largest manufacturers, operators, and exporter of aircraft mounts at the global level. The manufacturers are mainly focusing on technological development to capture the changing demand of the end-users. In addition to this, the tremendous growth in the aerospace industry in Canada will boost the adoption of aircraft mounts in the commercial aircraft and general aviation.

Various notable players in the Aircraft Mount market include LORD Corporation, Trelleborg AB, GMT Rubber-Metal-Technic Ltd., Cadence Aerospace, Mayday Manufacturing, Shock Tech, Inc., AirLoc Ltd., Angerole Mounts, LLC, RAM Mounts, The VMC groups, among others.

The Global Aircraft Mount market has been segmented on the basis of Application, End-use, Mount Type, Aircraft Type, Material and Region. Based on Application, the market is segmented into Vibration/Shock Isolation, Suspension, and Engine Mount. Based on the End-Use, the market is segmented into Original Equipment Manufacturer (OEM) and Replacement. Based on the Mount Type, the market is segmented into interior mounts and exterior mounts. The interior mount segment is further segmented into Galley Mounts, Panel Mounts, Floor Mounts, Headliner Mounts, and Bulkhead Mounts. The exterior mount segment is further segmented into Multiplane Mounts, Pedestal Mounts, Platform Mounts, Sandwich Mounts, and Shock Mounts. Based on the Aircraft type, the market is segmented into Commercial Aircraft, General Aviation aircraft, and Military aircrafts. Based on the material, the market is segmented into Nickel-Based Alloys, Aluminium Alloys, Steel Alloys, Rubber, Polyamide, and Others.

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