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Aircraft Nacelle And Thrust Reverser Market Report 2023: Comprehensive Research Study By Key Players: Bombardier Inc., GKN Aerospace, Leonardo SpA, NORDAM Group Inc., Safran, Spirit Aerosystems Inc., Triumph Group Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Aircraft Nacelle And Thrust Reverser Global Market Report 2023 the increased aircraft purchases acts as the major driver for the aircraft nacelle and thrust reverser market's growth in the forecast period. For instance, in June 2021, United Airlines, a US-based major airline company announced the largest order for the 270 narrow-body jets. The order worth $30 billion was the largest in the industry by a single airline company in over a decade.
The global aircraft nacelle and thrust reverser market size grew from $2.7 billion in 2022 to $2.92 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft nacelle and thrust reverser market size is expected to grow to $4.12 billion in 2027 at a CAGR of 9.0%.
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Major competitors in the aircraft nacelle and thrust reverser market are Bombardier Inc., GKN Aerospace, Leonardo SpA, NORDAM Group Inc., Safran, Spirit Aerosystems Inc., Triumph Group Inc., United Technologies Corporation, Woodward Inc., FACC AG, Raytheon Technologies and The Aviation Industry Corporation of China.
A key trend in the aircraft nacelle and thrust reverser market includes strategic partnership. For instance, in April 2022, Boeing Global Services Inc., a US-based company offering a comprehensive portfolio of aviation products, solutions, and services partnered with Spirit AeroSystems Inc., a US-based aerospace company manufacturing aerostructures.
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The aircraft nacelle and thrust reverser market is segmented -
• By Type: Aluminum Alloys, Titanium Alloys, Composites, Nickel Chromium, Stainless Steel
• By Engine Type: Turbofan, Turboprop, Turbojet, Piston
• By Application: OEMs, Maintenance And Repairs And Operations (MRO)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the aircraft nacelle and thrust reverser market
The Business Research Company's "Global Aircraft Nacelle And Thrust Reverser Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aircraft Nacelle And Thrust Reverser Market Include:
1. Executive Summary
2. Aircraft Nacelle And Thrust Reverser Market Characteristics
3. Aircraft Nacelle And Thrust Reverser Market Trends And Strategies
4. Aircraft Nacelle And Thrust Reverser Market - Macro Economic Scenario
5. Aircraft Nacelle And Thrust Reverser Market Size And Growth
……………
27. Aircraft Nacelle And Thrust Reverser Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Nacelle And Thrust Reverser Market
29. Aircraft Nacelle And Thrust Reverser Market Future Outlook And Potential Analysis
30. Appendix
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