|By PR Newswire||
|April 11, 2014 11:59 AM EDT||
DUBLIN, Ireland, April 11, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/cqbgdf/global_commercial) has announced the addition of the "Global Commercial Aircraft Electrical Systems Market Report" report to their offering.
The analysts forecast the Global Commercial Aircraft Electrical Systems market to grow at a CAGR of 6.97 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for aircrafts from the APAC region. The Global Commercial Aircraft Electrical Systems market has also been witnessing an increase in the demand for low-maintenance electrical systems. However, the increasing raw material prices could pose a challenge to the growth of this market.
The report, the Global Commercial Aircraft Electrical Systems Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas and the EMEA and APAC regions; it also covers the Global Commercial Aircraft Electrical Systems market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
In recent years, the demand for no-frills airlines has been increasing, especially in the APAC region. The cost-effective business model of no-frills airlines has increased the demand for new aircraft in the market. The major reason for the increased demand is that the no-frills business model airlines fly only on short-haul routes and do not provide specific services such as in-flight entertainment, catering, and beverages to the passengers on board.
These airlines generally tap passengers who either use roads or railways as their main mode of transportation. The travel cost for no-frills airlines is almost the same as that of other modes of transportation, while saving time and effort for the traveler.
According to the report, one of the major drivers in this market is the increasing demand for aircraft in the APAC region. As a result of the advent of the no-frills business model, the demand for new aircraft has increased in the APAC region.
Further, the report states that one of the major challenges in this market is the increase in the raw material prices. The rise in the raw material prices has resulted in pricing pressure for the aircraft electrical systems manufacturers since they are forced to pass on the increased cost to the customers.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Fairchild Control, and Maggitt plc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Geographical Segmentation
8. Vendor Landscape
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
16. Other Reports in this Series
- Fairchild Control Corp. and Maggitt plc.
- Honeywell International Inc.
- Liebherr-International AG
- Thales SA
- UTC Aerospace Systems
For more information visit http://www.researchandmarkets.com/research/cqbgdf/global_commercial
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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