Europe Aircraft Floor Panel Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The Europe aircraft floor panel market is projected to grow significantly, reaching approximately US$ 339.33 million by 2031, up from US$ 196.80 million in 2024, with an estimated compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.

Executive Summary and Market Analysis

The market for aircraft floor panels in Europe is divided into several regions, including France, Germany, Italy, Russia, the UK, and the Rest of Europe. The growth of this market is driven by several factors, including increasing air traffic, new aircraft purchases by airlines, and rising demand from maintenance, repair, and overhaul (MRO) service providers. Europe is known for having one of the busiest airspaces globally, with over 20,000 flights daily and around 500 million passengers traveling by air each year. The robust regional economy and the rise in air travel are contributing to the demand for aircraft floor panels, as airlines are operating more flights and modernizing their fleets.

For example, Swiss Airlines announced plans to expand its fleet with 10 Airbus A350-900 aircraft, set for delivery between 2025 and 2031. This investment aims to modernize their long-haul fleet and enhance passenger experience, which in turn increases the demand for aircraft floor panels. Additionally, European airlines must comply with strict regulations from the European Aviation Safety Agency (EASA), which positively influences the growth of the aircraft floor panel market.

Europe hosts numerous suppliers of aircraft floor panels for both narrow-body and wide-body aircraft. Elbe Flugzeugwerke GmbH (EFW), based in Germany, has achieved a production capacity of 6 million lightweight panels at its facilities. EFW has supplied lightweight aircraft floor panels for over 14,000 Airbus aircraft and equipped more than 700 Airbus planes in 2023 alone. The market is also shaped by strategic partnerships among key players, such as the collaboration between Lufthansa Technik and Collins Aerospace to provide maintenance services for the Airbus A380 main landing gear, which is expected to enhance the German aircraft floor panel market.

Market Segmentation

The Europe aircraft floor panel market can be segmented by aircraft type, material type, application, and end use:

By Aircraft Type: The market includes narrow-body aircraft, wide-body aircraft, general aviation, and others, with narrow-body aircraft holding the largest market share in 2024.
By Material Type: The market is divided into aluminum honeycomb and Nomex honeycomb, with Nomex honeycomb leading in market share in 2024.
By Application: The market is categorized into commercial aviation and military aviation, with commercial aviation dominating in 2024.
By End Use: The market is split between original equipment manufacturers (OEMs) and aftermarket, with OEMs holding a larger share in 2024.

Market Outlook

The aerospace industry has been rapidly evolving, with a significant increase in aircraft production and deliveries. The demand for commercial aviation is expected to rise due to an increase in air travel and the need for new aircraft. Airlines are expanding their routes to smaller airports, further driving the demand for new commercial and cargo aircraft. For instance, Boeing and Greater Bay Airlines recently ordered 15 units of 737-9 airplanes, along with a commitment for five 787 Dreamliners.

In recent years, both Boeing and Airbus have seen a surge in orders for narrow-body aircraft. According to Airbus's order and delivery database, commercial aircraft orders rose from 820 in 2022 to 2,094 in 2023, with a notable increase in narrow-body aircraft deliveries compared to wide-body models.

Country Insights

The Europe aircraft floor panel market includes key countries such as Germany, France, Italy, the UK, Russia, and others. France held the largest market share in 2024, driven by its strong aviation sector, which significantly contributes to the national GDP. Airbus, a major player in the aircraft manufacturing industry, is based in France and has announced plans for substantial aircraft purchases, such as Air France-KLM's order for 50 Airbus A350 family aircraft, which will further stimulate demand for aircraft floor panels.

Company Profiles

Key players in the aircraft floor panel market include Singapore Technologies Engineering Ltd, Collins Aerospace, Safran SA, Triumph Group Inc, and others. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their market presence and offer innovative solutions to customers.

Product Code: TIPRE00017242

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:

4. Europe Aircraft Floor Panel Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Buyers
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Threat to New Entrants
- 4.2.4 Threat to Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Aircraft Floor Panel Suppliers
- 4.3.3 End Users
- 4.3.4 List of Vendors in the Value Chain

5. Europe Aircraft Floor Panel Market - Key Market Dynamics

5.1 Drivers:
- 5.1.1 Growing Number of General Aviation Aircraft and Helicopter Deliveries
- 5.1.2 Rising Number of Orders and Production of Narrow Body Aircraft
5.2 Restraints:
- 5.2.1 Increase in Geopolitical Events to Hinder Supply Chain of Aircraft Components
5.3 Opportunities
- 5.3.1 Surge in Global Aircraft Fleet Size
- 5.3.2 Upcoming Aircraft Deliveries
5.4 Future Trends:
- 5.4.1 Usage of Lightweight Materials
- 5.4.2 Retrofitting of Older Aircraft Fleet
5.5 Impact of Drivers and Restraints:

6. Aircraft Floor Panel Market - Europe Market Analysis

6.1 Europe Aircraft Floor Panel Market Revenue (US$ Million), 2021-2031
6.2 Europe Aircraft Floor Panel Market Forecast Analysis

7. Europe Aircraft Floor Panel Market Analysis - by Aircraft Type

7.1 Narrow Body Aircraft
- 7.1.1 Overview
- 7.1.2 Narrow Body Aircraft: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Wide Body Aircraft
- 7.2.1 Overview
- 7.2.2 Wide Body Aircraft: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 General Aviation
- 7.3.1 Overview
- 7.3.2 General Aviation: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Europe Aircraft Floor Panel Market Analysis - by Material Type

8.1 Aluminum Honeycomb
- 8.1.1 Overview
- 8.1.2 Aluminum Honeycomb: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Nomex Honeycomb
- 8.2.1 Overview
- 8.2.2 Nomex Honeycomb: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Europe Aircraft Floor Panel Market Analysis - by Application

9.1 Commercial Aviation
- 9.1.1 Overview
- 9.1.2 Commercial Aviation: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Military Aviation
- 9.2.1 Overview
- 9.2.2 Military Aviation: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Europe Aircraft Floor Panel Market Analysis - by End Use

10.1 OEMs
- 10.1.1 Overview
- 10.1.2 OEMs: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 Aftermarket
- 10.2.1 Overview
- 10.2.2 Aftermarket: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. Europe Aircraft Floor Panel Market - Country Analysis

11.1 Europe
- 11.1.1 Europe Aircraft Floor Panel Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 Europe Aircraft Floor Panel Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 Germany: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.2.1 Germany: Europe Aircraft Floor Panel Market Share - by Aircraft Type
    - 11.1.1.2.2 Germany: Europe Aircraft Floor Panel Market Share - by Material Type
    - 11.1.1.2.3 Germany: Europe Aircraft Floor Panel Market Share - by Application
    - 11.1.1.2.4 Germany: Europe Aircraft Floor Panel Market Share - by End Use
  - 11.1.1.3 France: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.3.1 France: Europe Aircraft Floor Panel Market Share - by Aircraft Type
    - 11.1.1.3.2 France: Europe Aircraft Floor Panel Market Share - by Material Type
    - 11.1.1.3.3 France: Europe Aircraft Floor Panel Market Share - by Application
    - 11.1.1.3.4 France: Europe Aircraft Floor Panel Market Share - by End Use
  - 11.1.1.4 Italy: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.4.1 Italy: Europe Aircraft Floor Panel Market Share - by Aircraft Type
    - 11.1.1.4.2 Italy: Europe Aircraft Floor Panel Market Share - by Material Type
    - 11.1.1.4.3 Italy: Europe Aircraft Floor Panel Market Share - by Application
    - 11.1.1.4.4 Italy: Europe Aircraft Floor Panel Market Share - by End Use
  - 11.1.1.5 United Kingdom: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.5.1 United Kingdom: Europe Aircraft Floor Panel Market Share - by Aircraft Type
    - 11.1.1.5.2 United Kingdom: Europe Aircraft Floor Panel Market Share - by Material Type
    - 11.1.1.5.3 United Kingdom: Europe Aircraft Floor Panel Market Share - by Application
    - 11.1.1.5.4 United Kingdom: Europe Aircraft Floor Panel Market Share - by End Use
  - 11.1.1.6 Russia: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.6.1 Russia: Europe Aircraft Floor Panel Market Share - by Aircraft Type
    - 11.1.1.6.2 Russia: Europe Aircraft Floor Panel Market Share - by Material Type
    - 11.1.1.6.3 Russia: Europe Aircraft Floor Panel Market Share - by Application
    - 11.1.1.6.4 Russia: Europe Aircraft Floor Panel Market Share - by End Use
  - 11.1.1.7 Rest of Europe: Europe Aircraft Floor Panel Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.7.1 Rest of Europe: Europe Aircraft Floor Panel Market Share - by Aircraft Type
    - 11.1.1.7.2 Rest of Europe: Europe Aircraft Floor Panel Market Share - by Material Type
    - 11.1.1.7.3 Rest of Europe: Europe Aircraft Floor Panel Market Share - by Application
    - 11.1.1.7.4 Rest of Europe: Europe Aircraft Floor Panel Market Share - by End Use

12. Competitive Landscape

12.1 Heat Map Analysis
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development

14. Company Profiles

14.1 Singapore Technologies Engineering Ltd
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Collins Aerospace
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Safran SA
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Triumph Group Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Latecoere SA
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 The Gill Corporation
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 The Nordam Group LLC
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Aeropair Ltd
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 The Boeing Co
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 VINCORION Advanced Systems GmbH
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
14.11 JCB Aero
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
14.12 Jones Metal Products
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
14.13 Geven spa
- 14.13.1 Key Facts
- 14.13.2 Business Description
- 14.13.3 Products and Services
- 14.13.4 Financial Overview
- 14.13.5 SWOT Analysis
- 14.13.6 Key Developments
14.14 LMI Aerospace
- 14.14.1 Key Facts
- 14.14.2 Business Description
- 14.14.3 Products and Services
- 14.14.4 Financial Overview
- 14.14.5 SWOT Analysis
- 14.14.6 Key Developments
14.15 Eco Earth solutions
- 14.15.1 Key Facts
- 14.15.2 Business Description
- 14.15.3 Products and Services
- 14.15.4 Financial Overview
- 14.15.5 SWOT Analysis
- 14.15.6 Key Developments
14.16 Euro Composite S.A.
- 14.16.1 Key Facts
- 14.16.2 Business Description
- 14.16.3 Products and Services
- 14.16.4 Financial Overview
- 14.16.5 SWOT Analysis
- 14.16.6 Key Developments

15. Appendix

15.1 About The Insight Partners