Market Size of Commercial Aircraft Windows and Windshields Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Commercial Aircraft Windows & Windshields Market Analysis
The commercial aircraft windows and windshields market is anticipated to register a CAGR of over 3% during the forecast period.
The demand for new-generation aircraft majorly drives the market for aircraft windows and windshields. However, the COVID-19 pandemic has affected the commercial aviation market in many ways, and the effect of the pandemic is expected to continue even during the forecast period. In the commercial sector, passenger traffic plummeted drastically in 2020 and 2021. With the advent of multiple waves of the pandemic in many countries, the sector is expected to take 2-3 years to recover completely. This factor is also expected to affect the players in the aircraft windows and windshields industry, as their revenues are mainly based on the production rates of the aircraft OEMs.
The preference for lighter interior component products by airlines to reduce fuel consumption and fuel costs is generating demand for new composite windows and windshields.
On the other hand, the development of new and smart windows and windshields with new materials and technological features is expected to generate demand during the forecast period.