Insightful Forecast on Expansion of Global Aircraft Exhaust System Market During 2018 - 2028
A typical aircraft exhaust system is made up of several components. These systems use stainless steel casing which is sometimes made from inconel, flanges & bend pipes which are used to circulate the exhaust gases, heat mufflers and crossovers. There are mainly two types of exhaust systems used on aircraft engines - short stack systems and collector systems. Short stack systems are used on low-powered engines that emit less noise. Collector systems, on the other hand, are used on most large engines as they provide better scope for maintenance. In turbo supercharged engines, engine exhaust gases are collected to run the compressor in the supercharger. Though the existing technologies for aircraft exhaust systems are advanced, there is always scope for improvisation due to the ever rising demand for cleaner exhaust systems from end use sectors.
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Aircraft Exhaust System Market: Dynamics
The aircraft exhaust system market is being mainly driven by the rise in the sales of small body or commercial aircrafts. With the increase in the number of aircrafts yearly, the scope for aircraft exhaust systems has also increased. Along with this, the rise in the replacement of old exhaust systems installed in old aircrafts is also facilitating the rise in demand for new aircraft exhaust system. The new trend observed in this market is extensive advancements in exhaust delivery, which can help reduce pollution and increase the power of the engine with the help of superchargers. The market is expected to grow in the coming years due to the intervention of the defense sector. The defense industry is anticipated to create more revenue for the aircraft exhaust systems market. The overall market for aircraft exhaust systems is anticipated to witness good fortune throughout the forecast period. Although the market seems to be promising, there are a few constraints, such as high cost of manufacturing and installation as well as high cost of operation and maintenance.
Aircraft Exhaust System Market: Segmentation
On the basis of aircraft types, the Global Aircraft Exhaust System Market can be segmented into:
Very Large Body
Regional Transport Aircraft
On the basis of exhaust system type, the Global Aircraft Exhaust System Market can be segmented into:
Short Stack System
On the basis of engine type, the Global Aircraft Exhaust System Market can be segmented into:
On the basis of application and end use, the Global Aircraft Exhaust System Market can be segmented into:
Aircraft Exhaust System Market: Regional Outlook
The aviation industry is witnessing a boom in regions, such as North America, Europe and parts of Asia Pacific, such as China, Japan and India. With the growth in the aviation sector in these regions, the scope for better sales of aircraft exhaust system has also seen a significant rise. With advanced air systems being used by militaries around the world, the scope for the same has tremendously increased in regions, such as the U.S, China, Japan, India and Russia. Due to lower crude prices, the airline ticket prices have also come down. This has led to more people preferring to travel by air rather than rod or rail. All these factors will facilitate the growth of the aircraft exhaust systems, mainly in European countries.
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Aircraft Exhaust System Market: Key Players
Some of the key players identified across the value chain of the Aircraft Exhaust System market are:
CKT Aero Engineering Ltd.
Power Flow Systems, Inc
Aerospace Welding Inc
UTC Aerospace Systems
Aerospace Manufacturing, Inc.
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