France ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 8.9% during the forecast period. France is one of the most technologically advanced and modern countries globally. Safran group is one of the major companies headquartered in the country. It works in aircraft propulsion and equipment, and aerospace and defense business. In 2017, the company has spent around $1.5 billion in R&D programs. Moreover, in 2018, it also acquired Zodiac Aerospace in order to expand its aircraft equipment manufacturing activities. Apart from these, in November 2018, the company introduced a Safran Ceramics, a research center for CMC located in Aeroparc. It is situated in Le Haillan and has around 9,800 square foot facility completely dedicated to CMC R&D. The research center is also focused on the research of next-generation brake discs to provide support to ArianeGroup's R&D in order to improve the performance of CMCs used in space launchers.

Dassault Aviation is another major French-based company manufacturing military and civil aircraft. The company has manufactured more than 10,000 military and civil aircraft including 2,500 Falcons to exports products to more than 90 countries globally. In 2018, the company generated revenue of around $5.6 billion. The company is majorly operating in France, as 80% out of 11,500 employees are working in France. The country has a huge number of orders for military aircraft. In 2018, the company got the order of 12 Rafales and 4 Falcons as compared to 38 Falcons in 2017. Due to this, a significant market will be observed for the lightweight material in the aviation industry in the country and owing to better properties, CMC will find a significant application during the forecast period. 

The players operating in the market include SGL Carbon SE, 3M Co., and Safran Group. These players are focusing on product launches, mergers and acquisitions, and partnerships and collaborations, to expand market share and gain a competitive advantage over their competitors. For instance, in November 2018, Safran Group introduced a Safran Ceramics, a research center for CMC located in Aeroparc. Safran Ceramics is located in a 46-hectare (114-acre) park and has around 9,800 square feet facility completely dedicated to CMC R&D. Safran Ceramics develops and manufactures the CMC component for commercial and military aircraft propulsion systems and Safran helicopter engines.

Research Methodology

The market study of the France CMC market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. France CMC Market Research and Analysis, By Product Type
2. France CMC Market Research and Analysis, By End-Use Industry

The Report covers:

• Comprehensive research methodology of the France CMC market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the France CMC market.
• Insights about market determinants which are stimulating the France CMC market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.