Aircraft Thrust Reverser Market Worth US$ 4,439.7 million in 2022

Stratview Research has published a new research report on Aircraft Thrust Reverser Market. This extensive 266-page report by Stratview Research analyses the growth of Aircraft Thrust Reverser Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
● by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others)
● by Product Type (Cascade Type, Pivot Four Door Type, and Others)
● by Material Type (Composites and Metals)
● by Process Type (Hand Layup, Resin Infusion, and Others)
● by Mechanism Type (Hydraulic Thrust Reverser, and Electrical Thrust reverser)
● and by Region (North America, Europe, Asia-Pacific, and RoW)

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Increased demand for fuel-efficient aircraft

The 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 aircraft thrust reverser market.

Wide-Body aircraft to remain the growth engine

The 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 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.

Cascade to remain the most dominant and fastest-growing

Based on the product type, the 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.

Composite to remain the material of choice in the market

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 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.

North America to remain the largest market

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.

Top market players

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.

Why Stratview Research

Our 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 on 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:
● Aircraft Thrust Reverser Market overview, industry life cycle analysis, supply chain analysis
● Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend (2011 – 2016) and forecast analysis (2017-2022) of each segment.
● Competitors’ market share, product portfolio and new launches.
● Growth opportunities in each segment.
● Emerging trends which will decide the future course of development.
● Strategic growth opportunities for the existing and new players
● Key success factors.

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