Aerospace Nanotechnology Market by 2021 Analyzed Report

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The aerospace nanotechnology market report covers the present scenario and the growth prospects of the global market for 2017-2021. To calculate the market size, the report considers the revenue generated in the overall market from the procurement of commercial and military aircraft components and subsystems (airframe structures, aero-engine parts, and aircraft-electro communication systems) that are manufactured using nanotechnology.

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Nanostructure, a part of nanotechnology, is a wide and interdisciplinary area requiring R&D, which gained traction in the last two decades. Nanotechnology is defined as the study and the use of structures smaller than 100 nanometers. This technology is capable of transforming the ways in which materials are produced, and the functionalities of the same can be retained or augmented. Primarily, there are three types of nanomaterials employed in aerospace manufacturing; nanostructured metals, polymer nanocomposites, and anti-corrosion coatings. The use of nanotechnology or nanomaterial ensures that an airborne platform retains its operational superiority, enhances the physical properties of structural and non-structural polymers used in the construction of an aircraft, and deliver efficient nano and micro sensors used in spacecraft. The resultant components also prevent corrosions, thereby increasing the longevity of the platform. Technavio anticipates that the use of nanotechnology will reflect long-term sustainability and ensure enhancement in the overall performance of an aircraft/spacecraft.

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The analysts forecast the global aerospace nanotechnology market to grow at a CAGR of 5.75% during the period 2017-2021. The report, Global Aerospace Nanotechnology Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

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The report, Global Aerospace Nanotechnology Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

Market driver

Emergence of carbon nanotube nanocomposites in airframe manufacturing

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Market challenge

Manufacturing and procedural constraints

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Market trend

Advancements in stealth technology used in airborne platforms

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