Press release
Aircraft Nacelle Components Market to Reach USD 10.6 Billion by 2034, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report covers market size, growth forecast, segmentation by aircraft type, component type, process type, material type, and region, along with country-level assessment and competitive profiling. These insights help manufacturers, suppliers, and investors make data-driven decisions and identify opportunities across market segments.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/296/aircraft-nacelle-components-market.html#form
Market Statistics
• Market size (2024): USD 7.2 billion
• Forecast value (2034): USD 10.6 billion
• CAGR (2025-2034): 3.6%
• Forecast period: 2025-2034
• Base year: 2024
• Total number of segments: 5
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Aircraft Type
Narrow-Body Aircraft
Wide-Body Aircraft
Regional Aircraft
Military Aircraft
General Aviation
By Component Type
Inlet Cowl
Fan Cowl
Thrust Reverser
Other Components
By Process Type
Hand Layup
Resin Infusion
AFP/ATL
Machining/Forming
Other Processes
By Material Type
Composites
Nickel & Alloys
Titanium & Alloys
Other Materials
By Region
North America
Europe
Asia-Pacific
Rest of the World
Segement Analysis
In the Aircraft Type category, Narrow-Body Aircraft dominate due to their widespread utilization on short- and medium-haul routes, driving consistent demand for nacelle components tailored to higher production rates. Conversely, Wide-Body Aircraft are set to grow fastest as global airlines expand long-haul fleets and deploy next-generation wide-body platforms, prompting OEMs and suppliers to scale advanced nacelle solutions.
Within Component Type, Thrust Reversers remain the dominant segment because they are essential for safe deceleration on landing and see regular replacement cycles across fleets. Inlet cowls are the fastest-growing segment, driven by aerodynamic optimization and the industry's shift toward lighter, more efficient engine integration.
For Process Type, Hand Layup holds the largest share as a flexible and established composite fabrication method in aerospace manufacturing, while AFP/ATL processes grow fastest due to automation benefits, enhanced precision, and reduced material waste.
In Material Type, Composites dominate given their high strength-to-weight ratio and corrosion resistance, making them ideal for modern nacelle structures. Titanium & Alloys are the fastest-growing materials thanks to their heat resistance and suitability for high-stress engine environments.
Regional Insights
North America maintains dominance as the largest aircraft nacelle components market, anchored by a mature aerospace industry with leading OEMs, advanced manufacturing, and robust defense and commercial aircraft programs.
Asia-Pacific is the fastest-growing region, propelled by rising air traffic, expanding commercial and military fleets, and substantial investments in aerospace infrastructure across China, India, and Japan.
Market Drivers
• Increasing aircraft production rates driving higher components demand.
• Rising need for lightweight, fuel-efficient nacelle structures.
• Advancements in composite and high-performance materials.
• Growth of wide-body and next-generation aircraft programs.
• Expanding aerospace supply chains and manufacturing automation.
Top Companies in the Market
Collins Aerospace
Safran S.A.
Spirit Aerosystems Holding, Inc.
Melrose Industries (GKN Aerospace)
Leonardo S.p.A
The Nordam Group, Inc.
GE Aviation
FAQs
1. What is the current value of the aircraft nacelle components market?
The market was valued at USD 7.2 billion in 2024, reflecting ongoing demand for engine protection and aerodynamic structures.
2. What growth rate is expected through 2034?
The market is forecast to grow at a CAGR of 3.6% from 2025 to 2034.
3. Which segment leads by aircraft type?
Narrow-body aircraft lead due to their dominance in global airline fleets and frequent production cycles.
4. Why are composites preferred for nacelle components?
Composites offer superior strength-to-weight ratios, corrosion resistance, and design flexibility compared to traditional metals.
5. Which region offers the most growth potential?
Asia-Pacific is the fastest-growing region due to rising aircraft deliveries, expanding defense fleets, and increased aerospace investments.
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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