Global Aircraft Fairings Market Is Grow at a CAGR of 8.4% and Expected to Reach USD 3.07 Billion by 2026 from USD 1.48 Billion in 2017
The Global Aircraft Fairings Market is accounted for $1.48 billion in 2017 and is expected to reach $3.07 billion by 2026 growing at a CAGR of 8.4%. Rising demand for lightweight fairings, increasing defense budgets and growing number of aircraft deliveries are some of the factors driving the market growth. However, the high production cost and recyclability issue of composite materials are hindering the growth of the market.
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