Aeroengine Composites Market Global Growth Opportunities and Market Scenario and Forecast 2021 – 2027

Latest released, the research study on Global Aeroengine Composites Market Research Report 2021, report comprises growth rate, size, analysis by type, market segment by Application, market competition by manufacturers, share by region, manufacturing cost analysis, Also, the Aeroengine Composites Market offers market breakdown, competitive situation and trends, key raw materials analysis, dynamics, forecast by type, by application and revenue estimates with covid-19 impact till 2027.

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The Aeroengine Composites Market is expected to register a CAGR of 13.5% over the forecast period 2021 – 2027.

The study covers competitive landscape of top manufacturers are: GE Aviation, Safran, GKN Aerospace, FACC AG, Meggitt PLC, Hexcel Corporation, Solvay SA

Recent Developments:

Safran has acquired 21 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.

Safran’s largest acquisition to date was in 2009, when it acquired GE Homeland Protection - General Electric for $580M. It’s largest disclosed sale occurred in 2016, when it sold Safran Identity & Security to Advent International for $2.7B. Safran has acquired in 5 different US states, and 7 countries. The Company’s most targeted sectors include aerospace (29%) and information technology (20%).

Join Mergr and gain access to Safran’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the aerospace sector.

Among the engine manufacturers, Safran and GE Aviation generate the highest demand for the aero-engine composites, whereas other manufacturers like Rolls-Royce PLC and Pratt & Whitney (United Technologies Corporation) are expected to increase the volume of composite usage in their engine models in the years to come. 

Global Aeroengine Composites Market Segmentation:

Segmentation By Type:

Polymer Matrix Composites

Ceramic Matrix Composites

Metal Matrix Composites

Segmentation By Application:

Fan Blades

Fan Case

Guide Vanes

Shrouds

Other Components

Regional Analysis:

Asia-Pacific is Expected to be the Fastest Growing Market for Aeroengine Composites During the Forecast Period

In terms of geography, the Asia-Pacific region is now the fastest-growing market for aeroengine composites. The reason for this high growth rate is the increasing procurement of engines that use these composites. In the commercial sector, more than one-third of the commercial aircraft deliveries of two aerospace giants, Airbus SE and The Boeing Company combined, will be to the customers in Asia-Pacific. Recently, in June 2019, AirAsia announced that they are converting an order for 253 A320-200neo to the larger A321-200neo aircraft. Following this, and the purchase of its first A321neo at the start of 2019, AirAsia will become the world’s largest customer of Airbus’ New Engine Option jetliner. The Leap Engines used in the aircraft uses a higher volume of composites compared to its predecessors. IndiGo, a major low-cost airline in the country, announced to bolster its presence in international and domestic markets, in 2019. The airline introduced many domestic and seven new international destinations, in 2019. 

The Aeroengine Composites Market research offers an in-depth analysis of market growth and other factors in key nations (regions), including:

-              North America (United States, Canada and Mexico)

-              Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

-              Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

-              South America (Brazil, Argentina, Colombia, and Rest of South America)

-              Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Market Overview:

The substantial rise in passenger traffic and the imposition of new emission regulations led to a significant increase in demand for new-generation aircraft purchases over the last decade, prior to the pandemic. Aircraft manufacturers are developing new aircraft models in the commercial, military, and general aviation sectors, which require newer generation engines with better performance and low weight. As a result, the emphasis on newer material technologies like composites is increasing.
With the major engine manufacturers emphasizing on developing their own in-house composite material development capabilities, the dependency on outsourced materials is expected to reduce in the years to come.

Report Link:

https://www.marketintelligencedata.com/reports/522277/global-aeroengine-composites-market-research-report-2021?Mode=Kalyani

Highlights of Aeroengine Composites Market report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market

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Table of Contents:

Global Aeroengine Composites Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Aeroengine Composites Market Forecast

Customization:

The Global Aeroengine Composites Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

Impact of Covid-19:

The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the Aeroengine Composites Market and its major segments is enclosed in depth in this report. It also addresses the pandemic's present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.

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