Press release
Global Aircraft Thrust Reverser Market to Reach US$ 4,439.7 million in 2022
This report, from Stratview Research, studies the global aircraft thrust reverser market over the trend period of 2011 to 2016 and the forecast period of 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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The Aircraft Thrust Reverser Market: Highlights
The global aircraft thrust reverser market is projected to reach an estimated value of US$ 4,439.7 million in 2022. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight thrust reverser; an increased demand for fuel-efficient aircraft; and an advancement in technology of thrust reverser are some of the major growth drivers of the global aircraft thrust reverser market.
Aircraft Thrust Reverser Market by Aircraft Type
Aircraft Thrust Reverser Market Country Analysis
The global aircraft thrust reverser market is segmented based on aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and Business Jets. Wide-Body aircraft is expected to remain the growth engine of the global aircraft thrust reverser market during the forecast period of 2017 to 2022. Increasing wide-body aircraft deliveries to support rising passenger traffic, the introduction of fuel-efficient next-generation aircraft, and rising commercial aircraft fleet size across regions are the key factors that are propelling the demand for thrust reversers in the segment.
Based on the product type, the global aircraft thrust reverser market is segmented as Cascade Type, Pivot Four Door Type, and Bucket Type. Cascade is expected to remain the most dominant and fastest-growing product type in the aircraft thrust reverser market during the forecast period of 2017 to 2022, owing to its extensive usage in commercial and regional aircraft programs.
Based on the material type, the aircraft thrust reverser market is segmented as Composites and Metals. Composite is expected to remain the material of choice in the global aircraft thrust reverser market during the forecast period. There has been an incessant replacement of metal components with composite components, owing to their excellent strength-to-weight ratio at a relatively low weight. Metals, such as aluminum, titanium, and stainless steel, are primarily used in small sub-components, such as hinges and fittings.
Based on the region, North America is expected to remain the largest aircraft thrust reverser market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period. The higher growth of aircraft thrust reverser in Asia-Pacific is mainly attributable to the increasing commercial aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus for B737, A320, and A330 aircraft programs; and upcoming commercial and regional aircraft, such as C919 and MRJ.
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The supply chain of this market comprises raw material suppliers, thrust reverser manufacturers, nacelle integrators, engine OEMs, aircraft OEMs, and airline companies. The key aircraft thrust reverser manufacturers are Safran S.A., Spirit Aerosystems, Inc., UTC Aerospace Systems, GKN Aerospace, and Triumph Group, Inc. Development of lighter and optimized aircraft thrust reverser, setting up long-term contracts, and strategic collaborations are the key strategies adopted by the major players to gain a competitive edge in the market.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global aircraft thrust reverser market is segmented into the following categories.
Global Aircraft Thrust Reverser Market, By Aircraft Type
• Narrow-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Wide-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Very Large Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Regional Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Business Jet (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Thrust Reverser Market, By Product Type
• Cascade Type (Regional Analysis: NA, Europe, APAC, and RoW)
• Pivot Four Door Type (Regional Analysis: NA, Europe, APAC, and RoW)
• Bucket Type (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Thrust Reverser Market, By Material Type
• Composites (Regional Analysis: NA, Europe, APAC, and RoW)
• Metals (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Thrust Reverser Market, By Process Type
• Hand Layup (Regional Analysis: NA, Europe, APAC, and RoW)
• Resin Infusion (Regional Analysis: NA, Europe, APAC, and RoW)
• AFP/ATL (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Thrust Reverser Market, By Mechanism Type
• Hydraulic Thrust Reverser (Regional Analysis: NA, Europe, APAC, and RoW)
• Electrical Thrust reverser (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Thrust Reverser Market, By Region
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Latin America, The Middle East, and Others)
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Category: Aerospace & Defense
https://www.stratviewresearch.com/297/aircraft-thrust-reverser-market.html
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life
Stratview Research
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Phone No. +1-313-307-4176
Email :- sales@stratviewresearch.com
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