Research on Global Commercial Aircraft Drive Shaft Market 2016-2020 is new report adds on RnRMarketResearch.com. The analysts forecast Global Commercial Aircraft Drive Shaft Market to grow at a CAGR of 4.08% during the period 2016-2020.
Complete report available at http://www.rnrmarketresearch.com/global-commercial-aircraft-drive-shaft-market-2016-2020-market-report.html .
An emerging trend in the market is the implementation of composites. Carbon fibers are increasingly in demand owing to its high-performance. High-volume and low-cost fibers have been introduced to cater to this requirement. They are highly profitable in terms of productivity and cost effective in terms of cutting down the manufacturing costs of carbon fibers. Continual advances in performance and increased availability are expected to generate the required revenue to favor the demand. Carbon fiber contributes to strength and stiffness to the composite, whereas the matrix material contributes to the fiber alignment and distributes structural load among the fibers.
A key growth driver is the growing demand for 3D printing. Additive manufacturing (AM or 3D printing) employs easy manufacture of objects by using materials such as metals, polymers, and composites. It builds the objects layer-by-layer and is, therefore, flexible enough to create complex geometries and lattices that would otherwise be difficult with traditional manufacturing. This not only gives lighter weight components and equivalent mechanical performance but also makes complete use of resources (titanium in the aerospace industry) with low waste generation. Finally, AM finds extensive applications owing to its customized production and is very economical both in terms of scale and scope. This aspect contradicts mass production industries and makes AM a better fit for the aerospace industry.
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The report, Global Commercial Aircraft Drive Shaft Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A drive shaft is a hollow tube made of steel that is used to connect multiple components within a drive train. The propeller shaft is strong and light and has one or more yoke welded on the end. This mechanical part of the engine is used for transmitting torque and rotation and connecting components that are placed far away either because of distance or the need to allow for relative movement between them.
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The report covers the present scenario and the growth prospects of the Global Commercial Aircraft Drive Shaft Market for 2016-2020.
Further, the report states that one challenge that could hamper market growth is the design complexity of the composite drive shaft.
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