Aircraft Mounts Market Size, Share, Growth Analysis, By Type(Engine Mounts, Landing Gear Mounts, and APU Mounts), By Application(Commercial Aircraft, Military Aircraft, and General Aviation), By Region - Industry Forecast 2024-2031

Aircraft Mounts Market size was valued at USD 0.70 Billion in 2022 and is poised to grow from USD 0.75 Billion in 2023 to USD 1.28 Billion by 2031, at a CAGR of 6.90% during the forecast period (2024-2031). 

The global aircraft mounts market is characterized by intense competition among various market players. Companies in the market strive to differentiate themselves by focusing on product innovation, technological advancements, and efficient manufacturing processes. They also emphasize strategic collaborations, partnerships, and acquisitions to expand their market presence and gain a competitive edge. Additionally, players in the market continuously invest in research and development activities to develop innovative and high-quality aircraft mounts that cater to the evolving needs of the aviation industry. 'Lord Corporation (US)', 'Hutchinson SA (France)', 'Aircraft Spruce & Specialty Co. (US)', 'Trelleborg AB (Sweden)', 'Tri-Mack Plastics Manufacturing Corporation (US)', 'ITT Inc. (US)', 'Precision Castparts Corp. (US)', 'Unison Industries, LLC (US)', 'LORD Corporation (US)', 'Senior plc (UK)', 'Kaman Corporation (US)', 'GKN Aerospace (UK)', 'PFW Aerospace GmbH (Germany)', 'ITT Corporation (US)', 'Aircraft Components Company (US)', 'Sonex Aircraft, LLC (US)', 'Koss Aerospace (Canada)', 'Hutchinson Aerospace (France)', 'TransDigm Group Incorporated (US)', 'Latécoère SA (France)'

One key driver propelling the growth of the global aircraft mounts market is the increasing demand for safety and comfort in airplanes. With the rising number of passengers traveling domestically and internationally, airlines are compelled to provide enhanced services to meet passengers' preferences for a comfortable and secure flying experience. This demand for improved safety and comfort drives the need for high-quality aircraft mounts to ensure the stability and reliability of onboard equipment, positively impacting the growth of the market.

One key market trend in the global aircraft mounts market is the growing demand for lightweight and durable materials in mount manufacturing. With the increasing emphasis on fuel efficiency and reduced emissions in the aviation industry, there is a shift towards utilizing lightweight materials such as composites and alloys for aircraft mounts. These materials offer improved strength-to-weight ratios, enhancing the overall performance and efficiency of aircraft. The adoption of lightweight materials in mount production not only contributes to fuel savings but also reduces the environmental impact, aligning with sustainability objectives in the aviation sector.

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.