Market Size of Commercial Aircraft Floor Panels Industry
![commercial aircraft floor panels market overview](https://s3.mordorintelligence.com/commercial-aircraft-floor-panels-market/1580205102558_commercial-aircraft-floor-panels-market_Market_Summary.webp)
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
CAGR | > 3.50 % |
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 Floor Panels Market Analysis
The commercial aircraft floor panels market is anticipated to register a CAGR of more than 3.5% during the forecast period.
- The increasing demand for light-weight and fuel-efficient aircraft is generating the demand for new and advanced material floor panels, for installation onboard aircraft.
- To improve the passenger comfort and safety in the aircraft, the demand for new types of floor panels that are fire retardant, lightweight and thermally conductive (which can be controlled externally with a central aircraft unit) is increasing.
- With increasing production rates of the current aircraft programs, the pressure on supply chain, especially on tier-1 providers is anticipated to increase. These increased production rates are anticipated to drive the profits of the players during the forecast period.