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Global Commercial Aircraft Drive Shaft Market to Grow at a CAGR of 4.08% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Commercial Aircraft Drive Shaft Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 06/06/2016 -- Report forecast the Global Commercial Aircraft Drive Shaft Market to grow at a CAGR of 4.08% during the period 2016-2020.

A drive shaft is a hollow tube made of steel that is used to connect multiple components within a drive train. The propeller shaft is strong and light and has one or more yoke welded on the end. This mechanical part of the engine is used for transmitting torque and rotation and connecting components that are placed far away either because of distance or the need to allow for relative movement between them.

The report covers the present scenario and the growth prospects of the Global Commercial Aircraft Drive Shaft Market for 2016-2020.

The market is divided into the following segments based on geography:

- Americas

According to the report, a key growth driver is the growing demand for 3D printing. Additive manufacturing (AM or 3D printing) employs easy manufacture of objects by using materials such as metals, polymers, and composites. It builds the objects layer-by-layer and is, therefore, flexible enough to create complex geometries and lattices that would otherwise be difficult with traditional manufacturing. This not only gives lighter weight components and equivalent mechanical performance but also makes complete use of resources (titanium in the aerospace industry) with low waste generation. Finally, AM finds extensive applications owing to its customized production and is very economical both in terms of scale and scope. This aspect contradicts mass production industries and makes AM a better fit for the aerospace industry.

Further, the report states that one challenge that could hamper market growth is the design complexity of the composite drive shaft.

Global Commercial Aircraft Drive Shaft Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Commercial Aircraft Drive Shaft Market: GKN Aerospace, Karman, Northstar Aerospace, Pankl Racing Systems, and UTC Aerospace Systems.

Other Prominent Vendors in the market are: Hubert+Suhner, Lawrie Technology, SS White Aerospace, and Umbra Group.

Market driver

- Growing demand for 3D printing
- For a full, detailed list, view our report

Market challenge

- Design complexity of composite drive shaft
- For a full, detailed list, view our report

Market trend

- Implementation of composites
- For a full, detailed list, view our report

Key questions answered in this report

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 61 pages and 37 Exhibit "Global Commercial Aircraft Drive Shaft Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Market segmentation by aircraft type, Geographical segmentation, Key leading regions, Market drivers, Impact of drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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