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Indian Aerospace Composites Market | Forecast upto 2023

This report, from Stratview Research, identifies and estimates the opportunities present for both existing as well as new players in the Indian aerospace composites market over the forecast period of 2018 to 2023.

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Indian Aerospace Composites Market | Forecast upto 2023

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  1. Presents a Research Report on Indian Aerospace Composites Market Opportunities in the Indian Aerospace Composites Market by Opportunity Type (Export Opportunities and Indigenous Opportunities), by Aircraft Type (Civil Aviation, Military Aviation, and Space), by Resin Type (Epoxy Composites, Phenolic Composites, and Others), by Fiber Type (Carbon Fiber Composites, Glass Fiber Composites, and Aramid Fiber Composites), by Application Type (Exterior and Interior), and by Process Type (Hand Layup and Others), Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

  2. Indian Aerospace Composites Market Highlights and Drivers • The next five years for the Indian aerospace composites market are going to be extremely vigorous with significant growth opportunities in both indigenous as well as export market. It is estimated that the market for aerospace composites in India including export potential is likely to reach a value of US$ 302.5 million in 2023. • Increasing defense budgets coupled with offset policy, increasing penetration of composites in the next-generation aircraft programs, increasing production rate of Light Combat Aircraft (LCA), increasing export opportunities for aerospace composites, make in India campaign, and availability of low-cost skilled manpower in India are some of the major factors proliferating the demand for composites in the Indian aerospace industry. • Increasing defense budgets coupled with strong procurement plans of military and commercial aircraft are stimulating the global players to either open their branches or form JVs or partnerships with local companies in order to fulfill the offset obligation, imposed by the Indian government. • As per Airbus Outlook 2018-2037, India may demand nearly 1,750 commercial aircraft worth US$ 255 billion from 2018-2037. In terms of air passenger traffic, India is one of the fastest-growing markets worldwide and is likely to mark more than 8% annual growth rate in the coming years. This, in turn, will make India the 3rd largest aviation market by 2019-2020.

  3. Market Insights • By Aircraft Type • Civil aviation and military aviation are likely to remain the growth engines of the market in the foreseeable future. Majority of demand for composite parts for the commercial aviation segment is mainly coming from the global market, whereas there is an impressive indigenous demand for composite parts in the military aviation segment. • By Application Type • The exterior segment is likely to remain dominant in the market during the forecast period. • Composites are increasingly used in aircraft exterior with the purpose to leverage the potential of composites including lightweight, corrosion resistance, and abrasion resistance. • By Resin Type • Most of the aerospace composite components are fabricated using epoxy resin not only in India but also in the global market. Phenolic composites are well known for their excellent FST-resistant properties and are preferred choice for interior applications. • By Fiber Type • Carbon fiber composites are likely to remain the most dominant and fastest-growing fiber type segment of the market during the forecast period. Lightweight coupled with high-performance benefits over rivalry materials has led to a massive adoption of carbon fiber composites in the aerospace industry.

  4. Competitive Insights • Execution of joint ventures and partnership and development of new composite applications are the key strategies adopted by the players in the Indian aerospace composites market. • Key Companies Analysed • Adani Defence and Aerospace Ltd. • DynamaticTechnologies Ltd. • Godrej Aerospace Ltd. • Hindustan Aeronautics Limited (HAL) • KinecoComposites Aerospace Ltd. • TanejaAerospace and Aviation Ltd (TAAL) • Tata Group • ValethHigh Tech Composites Pvt. Ltd.

  5. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

  6. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

  7. Market Segmentation • Indian Aerospace Composites Market Opportunities by Opportunity Type: • Indigenous Opportunities • Export opportunities • Indian Aerospace Composites Market Opportunities by Aircraft Type: • Civil Aviation • Military Aviation • Spacecraft • Indian Aerospace Composites Market Opportunities by Application Type: • Aerospace Exterior Composites • Aerospace Interior Composites • Indian Aerospace Composites Market Opportunities by Resin Type: • Epoxy Composites • Phenolic Composites • Other Composites • Indian Aerospace Composites Market Opportunities by Fiber Type: • Carbon Fiber Composites • Glass Fiber Composites • Aramid Fiber Composites

  8. About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Rich Industry Experience Robust Methodology Effective Business Decisions

  9. Contact Us for More Information and Sample Pages Ask for Sample Pages here: https://www.stratviewresearch.com/Request-Sample/388/Indian-Aerospace-Composites-Market.html Email us at: sales@stratviewrsearch.com Call Us: +1-313-307-4176

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