Ceramic Matrix Composites (CMCs) Market in Aircraft Engines to experience an impressive growth at Healthy CAGR during 2019-2024

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Ceramic Matrix Composites (CMCs) Market in Aircraft Engines, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Ceramic Matrix Composites (CMCs) Market in Aircraft Engines.

The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

These questions and many more, big and small, are all discussed in the report in great detail.

Ceramic Matrix Composites (CMC) Market in Aircraft Engines: Highlights
The airlines’ dire need for fuel-efficient aircraft shows no signs of abating. As pressure for fuel-efficient aircraft continues to mount, ceramic matrix composites (CMC) evolve as they compete with metals for high-pressure and low-pressure applications in aircraft engines. CMCs are as tough as metals and are just one-third the weight of nickel alloys and can operate at 1,300° Celsius. They have the ability to withstand extreme temperatures and require less cooling air to be diverted from the thrust. As of result, engines run at higher thrust. Additionally, engines run hotter, consuming fuel efficiently and emitting fewer pollutants.


The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.

Dissection by Segments
• by Aircraft Type : Commercial Aircraft, Business Jets, Military Aircraft, Helicopter
• by Engine Type : Jet Engine, Helicopter Engine and Others
• by Component Type : Static Components, Rotational Components
• by Application Type : Combustor Liner, Shrouds and Others
• by Engine Zone : High-Pressure Zone, Low-Pressure Zone, Combustor
• by Material Type : SiC/SiC, Ox/Ox and Others
• by Manufacturing Process Type: Chemical Vapor Infiltration (CVI), Solid Phase Infiltration (SPI) and Others
• By Region : North America, Europe, Asia-Pacific, and RoW

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/268/ceramic-matrix-composites-market-in-aircraft-engines.html

The Growth Prognosis & its Drivers
The global ceramic matrix composites market is one of the fastest-growing markets in the aviation industry, and is projected to witness an impressive double-digit growth rate over the next five years, driven by the development of CMC applications in the best-selling aircraft or their variants owing to the intrinsic advantages of CMCs such as temperatures resistance up to 260°C higher than nickel alloys at just one-third weight. There would be a continuous replacement of nickel alloys with CMCs in both the low-pressure and high-pressure engine zones during the forecast period. Furthermore, increasing aircraft deliveries and demand for fuel-efficient aircraft would further propel the demand for CMCs in aircraft engines.

Market Segments
The global ceramic matrix composites market in aircraft engines is segmented based on aircraft type as Commercial Aircraft, Business Jet, Military Aircraft, and Helicopter. Commercial aircraft is forecasted to remain the largest segment of the CMCs market in aircraft engines over the next five years.

The ceramic matrix composites market in aircraft engines is also segmented based on component type as Static Components and Rotational Components. Most of the current CMC developments in aircraft engines are primarily for static components, such as shrouds and combustor liner.

Based on the application type, the ceramic matrix composites market in aircraft engines is bifurcated into Shrouds, Combustor Liner, Blades, Nozzle, and Others. Shrouds are projected to remain the largest application over the next five years, driven by their usage in the Leap engines. Leap engine is certified for the B737 Max, A320neo, and C919 aircraft.

Based on the engine zone type, the CMCs market is segmented as High-Pressure Zone, Low-Pressure Zone, and Engine Combustor. High pressure zone would remain the hotspot during the forecast period. CMCs are ideal materials as they offer a wide spectrum of advantages at high-pressure zones including a reliable performance at the extreme temperatures up to 1,300°C, a significant weight saving compared with nearest rival nickel alloys, and no need for air cooling.


Players
GE Aviation, COI Ceramics Inc., Composite Horizons LLC, Herakles (Safran Ceramics), Honeywell International Inc, IHI Corporation, Pratt & Whitney, and Rolls-Royce are the key manufacturers of CMC parts for aircraft engines. The development of new applications, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by companies to gain a competitive advantage over the market.


Click Here for Other Reports from Stratview Research in the Advanced materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html

Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. We are a trusted brand in the research industry with capability of commissioning complex projects within a short span of time with high level of accuracy.

This release was published on openPR.