Report ID: SQMIG20A2071
Report ID:
SQMIG20A2071 |
Region:
Global |
Published Date: March, 2024
Pages:
202
|
Tables:
63 |
Figures:
75
North America dominated the global aircraft mounts market. The region's well-established aviation industry and high demand for commercial flights contribute to its market dominance. The United States, in particular, leads the region in terms of mount installations for commercial aircraft. The country's robust aerospace manufacturing sector, coupled with the rising number of domestic and international passengers, drives the demand for aircraft mounts in North America. The presence of key market players and advanced technological capabilities also contribute to the region's dominance.
On the other hand, the Asia-Pacific (APAC) region is experiencing rapid growth in the aircraft mounts market. APAC is characterized by the presence of emerging economies such as China and India, which are witnessing significant growth in their aviation sectors. The increasing production of commercial aircraft in these countries, along with the expanding tourism industry and growing disposable income of the population, fuels the demand for aircraft mounts. Moreover, the rise in military spending and the modernization of defense forces in countries like China, India, and Japan contribute to the demand for specialty fighter aircraft and, subsequently, mounts for such aircraft.
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Report ID: SQMIG20A2071