Aircraft Engine Exhaust Market Size [2021 - 2028] to Hit USD 901.3 Million

Global aircraft engine exhaust market was valued at USD 576.9 million in 2020 and is expected to reach USD 901.3 Million By 2028, growing at a CAGR of 7.5% during the forecast period.

Modern airplane machines have been developed with elevated power output, significantly high by-pass ratio, and high sustainability. A surge in demand for improving flight efficiency, reducing noise from the machine, and efficient transfer of exhaust gasses are some of the prominent factors driving these systems demand in the industry.

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Besides, there is also increasing focus on improving aerodynamics and reducing the weight of the aero-machines, which has led to the growing need for advancements in the design and technology of systems.

North America to retain its leading position in the market impelled by its leadership in aero machine manufacturing and strong capabilities in machine MRO activities. The world's most powerful machine, GE9X, which is going to empower upcoming wide-body airplane of Boeing B777x, has set Guinness Book of World Record for generating 134,300 lbs of thrust, proving its capabilities. The machine is manufactured at GE's site in Ohio, USA. The region is also a hub for military airplane and business jet machines.

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Top Market Players Are:

Market participants include Doncasters, Ducommun, Esterline Technologies, Franke Industrie, GE Aviation, GKN Aerospace, Hellenic Aerospace Industry, Industria De Turbo Propulsores, Magellan Aerospace Corp., Nexcelle, Nordam Group, Northrup Grumman, Orbital ATK, Rolls Royce Holding Plc., Safran S.A., Senior Aerospace, Sky Dynamics Corporation, Triumph Group are some of the key players competing in the global market.

Industry stakeholders are working on offering sustainable solutions and optimizing the operational cost of machines for the airlines. In June 2021, FCS Finland launched the machine cooling system AFC-22, which significantly reduces machine downtime by cooling the engines in short intervals. It's a sustainable product that connects the airplane engine's exhaust nozzle with a specialized vacuum adaptor having a flexible hose.

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Polaris Market Research has segmented the aircraft engine exhaust market report on the basis of system, aircraft, engine, and region:

Aircraft Engine Exhaust, System Outlook (Revenue-USD Million, 2016 - 2028)

Engine Exhaust System
APU Exhaust
Others

Aircraft Engine Exhaust, Aircraft Outlook (Revenue - USD Million, 2016 - 2028)

Commercial
Regional Jet
General Aviation
Helicopter
Military

Aircraft Engine Exhaust, Engine Outlook (Revenue - USD Million, 2016 - 2028)

Turbofan
Turbojet
Turboprop
Others

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