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The global aircraft band clamps market size was approximately USD 229.68 million in 2023. The market is projected to grow at a CAGR of 7.4% between 2024 and 2032, reaching a value of USD 440.71 million by 2032.
Band clamps such as T band clamps provide reliable, high-strength, as well as corrosion and vibration-resistant connections for applications in hose clamping and ducting attachment for commercial and military aircraft, missiles, and spacecraft. Band clamps are built with durable materials such as stainless steel, aluminium, titanium, and others.
Band clamps contain a smooth internal diameter for providing a constant clamping surface in order to prevent a leak path. Moreover, their smooth diameter reduces the chances of the occurrence of abrasion and puncture damage to soft hoses.
Based on material, the market is segmented into nickel, aluminium, titanium, and stainless steel, among others. On the basis of application, the market can be categorised into landing gear, engine, and airframe and interiors, among others.
The market, on the basis of sales channels, can be divided into aftermarket and OEM. Based on end use, the market can be segmented into military and commercial. The major regional markets for aircraft band clamps are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global aircraft band clamps market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
As per the aircraft band clamps market analysis, the military sector occupies a significant portion of the market. The growing importance of national security and safety is enhancing the role of military aircraft in securing airspaces and enhancing border security. The increasing number of military aircraft across the globe is generating a greater demand for band clamps for use in engines, landing gears, and other parts of the aircraft body.
Additionally, the improving air traffic with increasing passenger and cargo transport is further surging the requirement for band clamps for commercial aircraft.
North America occupies a sizeable portion of the aircraft band clamps market share. With the robust expansion of air transport in North American countries, including the United States and Canada, the production of aircraft and aircraft components in the region is increasing; and there is a greater emphasis on innovation in the aviation sector. Additionally, the United States is an established market for aircraft manufacturing, which significantly impacts the demand for band clamps.
The presence of major aircraft manufacturers in the region such as Boeing and Lockheed Martin further supports the growth of the market.
Eaton Corporation, incorporated in 1911 and headquartered in Dublin, Ireland, is a global power management corporation. The company offers energy-efficient products and services that promote sustainability and lower carbon emissions in the power sector. It offers its power management services in the sectors of aerospace, buildings, data centres, food and beverages, and healthcare, among others.
National Utilities Corporation is a division of VIJ Corp established in 1950. The company provides quality clamps, flanges, and assemblies across various industrial sectors. It offers band clamps with a wide variety of combinations, like different latch styles, diameters, bandwidths or thicknesses, and lug or clip configurations.
Hexadex Limited, headquartered in the United Kingdom, is a privately-owned group of engineering companies. The company has four subsidiaries engaged in the manufacturing of high-quality engineering products for a wide variety of products, including stainless-steel exhaust systems and clamps, automated machinery, and bespoke stainless-steel fabrications.
Other players operating in the aircraft band clamps market include CAILLAUC, Leggett & Platt, Incorporated, Murray Corporation, NORMA Group SE, Muhr und Bender KG, Rotor Clip Company, Inc, BAND-IT-IDEX, Inc., and Consolidated Aerospace Manufacturing LLC, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 229.68 million.
The market is expected to grow at a CAGR of 7.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 440.71 million by 2032.
The major market drivers include the growing production of aircraft and aircraft components, rising air traffic, technological developments, and investments in the aviation sector.
The key market trends include the lightweight design of band clamps, growing innovations, and the increasing adoption of snap-on latch mechanisms on band clamps.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major sales channels include aftermarket and OEMs.
The key players in the market include National Utilities Corporation, Hexadex Limited, Eaton Corporation, CAILLAUC, Leggett & Platt, Incorporated, Murray Corporation, NORMA Group SE, Muhr und Bender KG, Rotor Clip Company, Inc, BAND-IT-IDEX, Inc., and Consolidated Aerospace Manufacturing LLC, among others.
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