Aircraft Mounts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Aircraft Mounts Market Analysis

The Aircraft Mount Market is anticipated to register a CAGR of 8% during the forecast period.

The COVID-19 pandemic had a negative effect on the aircraft mount market. The onset of the pandemic led in declining in the number of air passenger traffic as well grounding of various flights worldwide. The pandemic also led to a shortage in terms of materials and components which are required by the manufacturers to manufacture the aircraft mounts. Moreover, the pandemic also led to a significant decline in air travel thereby limiting the growth of aircraft mounts. A shortage in the components owing to regulations associated with the import and export of goods also led to a negative effect on the market. Travel bans and lockdowns also hampered the market. On the other hand, the decline in the number of COVID-19 cases led to the market witnessing gradual growth. A rise in the number of air passenger traffic as well as the opening up of borders has also led to growth in air travel in various countries. This, in turn, has propelled the growth in aircraft mounts and the opening of borders has also led to availability in terms of materials and components which has led to manufacturers increasing the production of aircraft mounts and meeting the demand requirements. Thus, the market is expected to witness significant growth during the forecast period.

The significant increase in air passenger traffic, the surge in the demand for new aircraft, and an increase in the maintenance, repair, and overhaul operations are the main factors that are driving the aircraft mount market. Moreover, an increasing need for providing comfort and safety to the passengers as well as an increasing need to reduce pilot fatigue on long-distance flights has led to an increase in the demand for aircraft mounts globally. Moreover, growing technological advancements and the rise in the development of customized payload mounts will also propel the growth of the market during the forecast period.

Aircraft Mounts Market Trends

This section covers the major market trends shaping the Aircraft Mounts Market according to our research experts:

The Exterior Mount is Expected to Witness Significant Growth During the Forecast Period

Aircraft Mounts Industry Segmentation

An aircraft mount is used in an aircraft to provide engine vibration isolation and shock attenuation. The engine mounts have been designed to prevent damaging vibrations from reaching the main components of the aircraft. Moreover, aircraft mount also helps in reducing the vibrations transmitted from the propellers to the airframe in order to enhance the comfort of the passengers, reduce pilot fatigue and the protection of the aircraft structures from the damaging effects of the vibration.

The Aircraft Mount Market has been segmented by application, mount type, aircraft type, and geography. By application, the market has been segmented by suspension and engine mounts. By mount type, the market has been segmented into interior mounts and exterior mounts. By aircraft type, the market has been segmented into narrowbody aircraft, widebody aircraft, and general aviation aircraft. By geography, the market has been segmented by North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Moreover, the report offers a market forecast and is represented by USD million. Furthermore, the report also includes various key statistics on the market status of leading market players and provides key trends and opportunities in the aircraft mount market.