Aircraft Fairings Market: Introduction
Aircraft fairing is a device that reduces drag and produces a smooth outline. The device is a cover for gaps and spaces between parts of an aircraft to reduce form drag and interference drag, and improve appearance.
Global Aircraft Fairings Market: Competitive Landscape
ShinMaywa Industries, Ltd.
Founded in 1949, ShinMaywa Industries, Ltd. is headquartered in Takarazuka, Japan. ShinMaywa is a Japanese industrial parent company of the Kawanishi Aircraft Company. ShinMaywa Industries, Ltd. manufactures products, such as aircraft special purpose truck, water treatment equipment, wire processing system, environmental system, thin films and surface modification, thin film coating system, built-in DD direct drive motor, aircraft passenger boarding bridge, and parking equipment
Founded in 1916, Boeing is a multinational corporation headquartered in Chicago, Illinois, the U.S. The Boeing Company manufactures, designs, and retails rotorcraft, airplanes, rockets, and satellites globally. It is the largest manufacturer of aircraft across the world and second largest defense contractor according to its 2015 revenue. Boeing products and services include military & commercial aircraft, satellites, electronic & defense systems, weapons, launch systems, performance-based logistics & training, and advanced information & communication systems.
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Established in 1970 and headquartered in Toulouse, France, Airbus manufactures, designs, and delivers aerospace services, products, solutions to consumers on a global scale. Airbus provides its products to its customer through 1,200 direct suppliers in 180 locations globally. The company has helicopter and aircraft final gathering lines across Europe, Asia, and the Americas.
Founded in 1863, DAHER is headquartered in Marseille, France. The company is an aircraft manufacturer and service equipment supplier. It provides its products under three business units: aircraft manufacturing, aerospace equipment and systems, logistics and supply chain services.
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Aircraft Fairings Market: Dynamics
Rise in Adoption of UAVs for Use in Commercial and Military Applications
The commercial drone industry has witnessed significant technological advancements in the past few years. Efforts have been made to regulate the use of UAVs to ensure safety. There is an increase in the number of commercial drones being used for agriculture, defense, weather monitoring, and films, among others. Technological advancements have led to the development of drones of varied weight, sizes, and capabilities to hold different types of payloads and sensors. Currently, companies are focusing on creating applications and software to make the use of drones for safety. For instance, Snapdragon Flight software developed by the Qualcomm Technologies offers drones with intelligence to perceive objects within their flight path for safe navigation. Diversity in applications of drones has compelled enterprises to upgrade and develop a new long-endurance UAV technology, thus supporting the growth of the aircraft fairings market.