Aircraft Windows and Windshields Market: Industry Analysis and Forecast 2021-2027
Global Aircraft Windows and Windshields Market is anticipated to reach US$ 188.34 Mn. by 2027 from US$ 155 Mn. in 2019 at a CAGR of 3.3% during a forecast period.
Global Aircraft Windows and Windshields Market Overview
Aircraft windows and windshields are made of plexiglass, which protects the interior of the plane from UV rays and wind. They also function as a thermal insulator to protect the inside of the aircraft from cold and dampness by maintaining the air pressure balance in the cabin and cockpit. As a fail-safe idea, the windows and windshields are built of many layers of glass plies to eliminate any risks of window failure.
Global Aircraft Windows and Windshields Market
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The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Global Aircraft Windows and Windshields Market Dynamics
An increase in global air traffic, passenger comfort, luxury, improving the passenger experience, and safety concerns are other driving factors, which are expected to drive the market's growth. Similarly, Increased competition among commercial airline carriers has resulted in price wars, which has boosted demand for air travel. Also, rising fuel prices necessitate the development of fuel-efficient lightweight aircraft using modern technology. As the need for air travel grows, so does the desire for creative interiors that provide passengers with a better travel experience. Thus, continuous technological advancements are resulting in the creation of windows and windshields with additional features like trajectory prediction, navigation, and performance calculation, among others.
In addition, with the global demand for air travel, and fleet size improvement, OEMs are largely investing in lighter windows and windshields to make it more efficient. Thus, traditional pull-down plastic shade windows are being replaced by bigger dimming windows that can be adjusted to allow in the proper amount of light. The new window allows passengers to operate the window through a transparent color video touchscreen on the window to adjust light and heat, decrease cabin noise, and provide other services. New innovative goods can help airlines improve their brand image by giving unique tailor-made use of interactive customer amenity, as well as boost revenue through higher window seat value. These continuous advancements in aircraft windows and windshields are expected to drive the market's growth during the forecast period.
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