The Future of Aircraft Nacelle Systems Market in the forecast period (2019-2024) as predicted by Stratview Research

The report on Aircraft Nacelle Systems to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2019 – 2014.

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This report, from Stratview Research, studies the global aircraft nacelle systems market over the trend period of 2013 to 2018 and the forecast period of 2019 to 2024. 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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Aircraft Type Segment
The global aircraft nacelle systems market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, Business Jet, and Military Aircraft. Narrow-body aircraft is expected to remain the growth engine of the global aircraft nacelle systems market during the forecast period, propelled by the introduction of fuel-efficient variants of best-selling programs (A320neo and B737 Max). Both commercial aircraft airframers (Boeing and Airbus) are enjoying huge order backlogs of their key aircraft programs and are increasing the production rates of A320 and B737 to meet the growing demand.

Material Type Segment
Based on the material type, the aircraft nacelle systems market is segmented as Composites, Nickel Alloys, Titanium, and Others. Composite is expected to remain the material of choice in the aircraft nacelle systems market during the forecast period. There has been an incessant replacement of metals components with composite components, owing to their excellent strength-to-weight ratio at a relatively low weight. Titanium material is expected to witness the highest growth in the market during the same period, driven by an increasing penetration, especially in exhaust components.

Region Wise Segment
Based on the regions, North America is expected to remain the largest aircraft nacelle systems market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period. The highest growth of aircraft nacelle systems in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus of B737, A320, and A330 aircraft programs; increasing procurement of military aircraft, owing to rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).

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Highlights of the Report:
The global aircraft nacelle systems market is projected to reach an estimated value of US$ 10.3 billion in 2024. The upward trajectory of the aircraft nacelle systems market is expected to continue with vigorous growth opportunities across regions for both existing as well as new players. The biggest factor mushrooming the market for aircraft nacelle systems is an organic growth in aircraft deliveries. Boeing anticipated that there would be total deliveries of 41,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.7% in air passenger traffic during 2018-2037 is will chiefly drive the demand for commercial aircraft. This factor will create a sustainable demand for nacelle systems globally in the foreseeable future.

The supply chain of this market comprises raw material suppliers, nacelle component manufacturers, nacelle integrators, engine OEMs, aircraft OEMs, and airline companies. The key aircraft nacelle system manufacturers are Collins Aerospace (UTC Aerospace Systems), Safran S.A., Spirit AeroSystems, Inc., GE Aviation, GKN Aerospace, Bombardier (Short Brother PLC), and Leonardo S.p.A. Development of lighter nacelle systems, regional expansion, and mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• 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

Know more about us and our reports:
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