Press release
What's Driving the Aircraft Thrust Reverser Market Trends? Bombardier, GKN Aerospace, Safran, Triumph Group, UTC Aerospace Systems,Composites Technology Research Malaysia Sdn. Bhd., FACC Cooperation
Aircraft Thrust Reverser Market
These products can be used in jet engines and prove to be highly useful for aircraft manufacturers as they possess less weight, improved reliability, and excellent maintainability. In fact, this newly electric thrust reverser actuation system had eliminated the use of D-doors with the implementation of the O-Duct. Considering the numerous benefits of incorporating an electric mechanism, many aircraft manufacturers are giving preference for the same. Estimates in fact, claim that aircraft thrust reverser market size from the electric mechanism will increase at a CAGR of 5.5% over 2017-2024.
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The turbulence often accompanies visible weather fronts and thunderstorms. In this regard, the leading aircraft manufacturer, Boeing is focusing on the development of new technology for making air mobility safer, environmentally friendly, and more fuel efficient. In a bid to improve research activities across the organization, Boeing has also been inking strategic partnerships with other tech giants. For instance, in 2014, Boeing signed long-term agreement with Spirit AeroSystems for accomplishing the increasing requirement of aircraft structural parts. Through this agreement, Spirit signed on to mainly supply thrust reversers, pylons, and fuselage. Taking into account the huge requirement of aircraft structural parts, many giants in aircraft thrust reverser market have been making consistent investments in state-of-the-art technologies.
The chief advantage of using thrust reversers for speed deceleration is that they are not affected by wet weather or icy runways. They can act to enhance aircraft safety in a wide range of conditions. Therefore, efforts are being made by industry players to design and manufacture thrust reversers with lighter materials - especially composites. Another vital factor that may influence this business sphere is airports attempting to restrict noise levels. As manufacturers innovate methods to improve acoustic protection during takeoff and landing by reinforcing the structure and using novel materials, aircraft thrust reverser market is likely to witness considerable expansion.
Subject to the fact that the region houses numerous industry biggies, North America is projected to account for a prominent share of the overall aircraft thrust reverser market. The presence of a large passenger base and a developed airlines industry has also contributed to the growth of aircraft thrust reverser industry in the region. Europe aircraft thrust reverser industry on the other hand, will be driven by countries like Germany, France, Italy, and Russia, where stringent government regulations have been laid across to produce more fuel-efficient aircrafts.
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Some Point from Table of Contents:
Chapter 4. Aircraft Thrust Reverser Market, By Product
4.1. Global aircraft thrust reverser industry share by product, 2016 & 2024
4.2. Cascade
4.2.1. Market estimates and forecast, 2013-2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.3. Pivot door
4.3.1. Market estimates and forecast, 2013-2024
4.3.2. Market estimates and forecast, by region, 2013-2024
4.4. Bucket
4.4.1. Market estimates and forecast, 2013-2024
4.4.2. Market estimates and forecast, by region, 2013-2024
Chapter 5. Aircraft Thrust Reverser Market, By Aircraft
5.1. Global aircraft thrust reverser industry share by aircraft, 2016 & 2024
5.2. Large Widebody
5.2.1. Market estimates and forecast, 2013-2024
5.2.2. Market estimates and forecast, by region, 2013-2024
5.3. Medium Widebody
5.3.1. Market estimates and forecast, 2013-2024
5.3.2. Market estimates and forecast, by region, 2013-2024
5.4. Small Widebody
5.4.1. Market estimates and forecast, 2013-2024
5.4.2. Market estimates and forecast, by region, 2013-2024
5.5. Single Aisle
5.5.1. Market estimates and forecast, 2013-2024
5.5.2. Market estimates and forecast, by region, 2013-2024
5.6. Regional Jets
5.6.1. Market estimates and forecast, 2013-2024
5.6.2. Market estimates and forecast, by region, 2013-2024
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