Increase in air travel across the globe and rising focus on passenger and staff safety would fuel demand for various placards & signs. The industry is influenced by the directives of the various regulatory agencies such as the FAA (Federal Aviation Administration) – the national aviation authority of the United States, EASA (European Aviation Safety Agency), etc. Stringent rules and guidelines enforced by these authorities will positively affect the industry. However, concerns over carbon footprints may prove to be a challenge.
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Placards are required to be displayed in the interior as well as the exterior of an aircraft. While most placards are in English, they may also be in the native languages of individual countries. Placards & signs differ as per civil and military uses. They also vary according to the size and type of aircraft. In the UK, the ‘Permit to Fly’ necessitates several additional placards to be fitted, typically related to loading, air speed, aerobatic limitations, engine limitations, etc., in light aircrafts. Moreover, all placards require to be inspected for readability, proper placement, and security. They should also not be hidden while painting the aircraft.
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On the basis of regions, the worldwide market is segmented into North America, EU (European Union), and Asia. United States is an important market in North America. Germany is one of the main contributors to industry revenues in the EU. Japan and China are critical to growth of aircraft placards & signs market in Asia. The Chinese aviation industry is expected to grow on account of its economic boom, higher disposable incomes, and burgeoning population. This will drive demand for placards & signs in the coming years.
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India is projected to become the largest aviation market by 2030. Modern airports, introduction of several low-cost carriers, advanced IT interventions, etc. would lead it to become an important consumer of placards & signs. Key players in the global aircraft placards & signs industry are Precision Graphics, Mode Design Screen Print, Hamilton Aircraft, and Jetstream Aviation Graphics. Aircraft Engravers, FlitePartners, Biggles Labelling, & Madelec Aero are the other reputed vendors.
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