Press release
Aircraft Nacelle and Thrust Reverser Market : Best Analysis Report by Top Industry Players 2019-2023
Aircraft Nacelle and Thrust Reverser Market: Information by Engine Type (Turboprop, Turbofan and Others), by Application (Civil Aviation and Military Aviation), by End-User (OEM and Aftermarket), by Component, and by Region — Global Forecast till 2023 “The Global Aircraft Nacelle and Thrust Reverser Market is estimated to register a CAGR of nearly 6% during the forecast period of 2018 to 2023.”Aircraft Nacelle and Thrust Reverser Market Scenario:
Nacelle is an external aerodynamic structure that houses the aircraft engine. It is connected to the wing or the body of an aircraft through pylon/strut. The aircraft nacelle comprises inlet cowl and fan cowl.
Thrust reverser is an equipment that provides deceleration by temporarily diverting the aircraft engine’s thrust and thereby enables shorter landing distances and reduces wear on brakes & tires. Engine cowling, inlet cowl, fan cowl, thrust reverser, core cowl and exhaust system all together forms the aircraft nacelle system.
The growth in global air travel and subsequent demand for new commercial aircraft are key factors projected to drive the growth of the civil aircraft nacelle and thrust reverser market. In addition, rise in defense expenditure and subsequent demand for new combat aircraft drives the growth of military aircraft nacelle and thrust reverser market.
However, the existing backlogs in new commercial aircraft deliveries hinders the market growth to a certain extent, whereas developing an effective nacelle and thrust reverser that ensures effective & safe operation, reduced maintenance and enhanced performance is a challenge faced by the emerging players.
Meanwhile factors such as focus on aircraft modernization programs, growing importance for aviation safety and initiatives taken for ensuring safe flight further boosts the service (MRO) requirement and impacts the aftermarket growth.
Furthermore, developments in 3D printing technology for manufacturing nacelle and thrust reverser and use of advanced materials and composites in system fabrication offer promising growth opportunities to aircraft nacelle and thrust reverser market players.
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Aircraft Nacelle and Thrust Reverser Market Key Players:
The key players in the global aircraft nacelle and thrust reverser market are Aircelle (a part of Safran SA (France)), Collins Aerospace (a part of United Technologies Corporation (US)), FACC AG (Austria), GKN Aerospace (UK), Leonardo SpA (Italy), Middle River Aircraft Systems (a part of GE Aviation (US)), Nexcelle (a MRAS/Safran joint venture (US)), Sicamb SpA (Italy), Spirit AeroSystems, Inc. (US) and Westfield Hydraulics Inc. (US).
The Global Aircraft Nacelle and Thrust Reverser Market is estimated to register a CAGR of nearly 6% during the forecast period of 2018 to 2023.
Intended Audience:
• Aircraft Nacelle and Thrust Reverser Manufactures
• Aircraft Engine OEMs
• Aircraft Engine MROs
• Aircraft Exhaust System Providers
• Aircraft OEMs
• Component Providers
• Defense Organizations
• Research Institutes
• Regulatory Bodies
• Thrust Reverser Actuation System Providers
Research Methodology:
The market numbers and forecast derived were the outcome of our disciplined research methodology which includes secondary research, primary interviews, followed by data triangulation and validation from our in-house data repository and statistical modeling tools.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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