Aircraft Thrust Reverser Market is Likely to reach an estimated value of US$ 4,761.7 million in the coming Years

Stratview Research has launched a new research report on Aircraft Thrust Reverser Market. Published on May, 2019, this 266-page report segments the market in following ways to provide a 360-degree holistic view.

The forecast of the market size has been segmented by –
• by End-Use Industry Type (Aerospace, Defense, and Others),
• by Application Type (Tooling, Airframe, Nacelles, and Others),
• by Reinforcement Type (Unidirectional and Fabrics),
• by Curing Type (Autoclave, Out of Autoclave, and Other BMI Prepegs),
• by Region

o North America (Country Analysis: The USA, Canada, and Mexico)
o Europe (Country Analysis: France, Germany, the UK, Spain, Russia, and Rest of Europe)
o Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
o Rest of the World (Country Analysis: Latin America, the Middle East, and Others),

The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft Thrust Reverser market.

Years considered for this report –
 base year 2019
 trend period 2013 – 2018
 forecast period 2019 – 2024

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Increased demand for fuel-efficient aircraft

The aircraft thrust reverser market is projected to reach an estimated value of US$ 4,761.7 million in 2024. 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 Leaders

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 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:
 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.

Research Methodology

This report studies the global Aircraft Thrust Reverser market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
 Extensive secondary research,
 Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
 Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
 More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

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