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Aircraft Nacelle Systems Market 2019: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2025




Jun 21, 2019



Summary:

A new market study, titled “Discover Global Aircraft Nacelle Systems Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.

Introduction

Global Aircraft Nacelle Systems Market is predicted to develop at a CAGR of XX% to attain marketplace cost of USD XXXX million by using 2025. The increase is specifically because of increasing plane market. The passenger and cargo aircraft deliveries reached forty two,730 jets, with the fee hitting around USD 6.Three trillion. This figures display a four.1% growth over the previous forecast, which projected a total of forty one,030 aircraft deliveries. The nacelle is the crucial aspect to the engine which constitutes the aircraft’s Propulsion device. It holds the engine, complements the air flows via the engine and protects the engine from any aggression. Nacelle is a excessive-tech complex machine, integrating the thrust reverser, which manages several capabilities which includes noise abatement, deicing and the control of internal and external temperature variations, safety from hearth and lightning, taking up loads between the engine and the pylon which connects it to the wing, braking and even the classy look of the plane.

 

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Market Drivers:

The increasing use of air transport for passenger and transportation which will create the need to increase air fleet across the globe. This will indirectly drive the growth of global aircraft nacelle systems market. Aircraft nacelle holds engine propulsion system and help in reducing engine vibration, deicing, and noise. Nacelle systems also manages external and internal temperature difference, which is a major advantage for the aircraft. The nacelle integrators are working with the OEMs and other industries in order to develop lightweight nacelles with enhanced performance. This factor is driving the demand for lightweight nacelle systems globally.

Market Restraints:

The newer turbofans that increases bypass ratios to improve fuel efficiency, with larger fan diameters mean bigger nacelles, which threaten to offset any fuel-burn advantages with increased weight and drag. This can be a major restraint for the global aircraft nacelle system market. The repair and maintenance of Nacelle system is difficult and costly, which is the major restraint for global aircraft nacelle system market. The huge transportation costs of larger nacelles is also hampering the Aircraft Nacelle system market.

Market Segmentation

By material type

The Aircraft nacelle system market is segmented based on material type which include Composites, Nickel Alloys, Titanium, and Others. Composites are majorly used for aircraft nacelle and it is expected to grow in the forecast period. Due to the increasing replacement of material with composite components, with its excellent strength-to-weight ratio at relatively low weight. Titanium is also expected to grow in the forecasting period due to the increasing penetration, especially in exhaust components with its high durability over a vast temperature range.

By geography

Based on the geography, North America is dominating the global aircraft nacelle system market and it is expected to grow in the forecast period, due to the increase in contracts for nacelle in USA, and The US plane maker said that rising passenger traffic and upcoming airplane retirements will drive the need for more jets.

Asia-Pacific has also shown growth in 2017 due to the increasing aircraft fleet to support rising passenger traffic and the launch of assembly plants for Boeing and Airbus series B737, A320, and A330 aircraft programs; increasing procurement of military aircraft, owing to rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).

Competitive Landscape

Boeing, Airbus, UTC, etc are some of the key players in the aircraft nacelle systems market. There is a current demand of about 1,000 nacelles annually for Boeing and Airbus aircraft.

Key market segments covered

BY AIRCRAFT TYPE

  • Commercial aircraft
  • Military aircraft
  • Others

BY MATERIAL TYPE

  • Composites
  • Nickel Alloy
  • Titanium
  • Other Metals

BY ENGINE TYPE

  • Turbofan Engine
  • Turboprop Engine
  • Turbojet Engine

BY END-USER TYPE

  • Original Equipment Manufacturer (OEM)
  • Maintenance Repair Overhaul (MRO)

 

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The global aerospace & defense industry is expected to expand at a robust pace over the next couple of years. The increasing cross-border tension, in conjunction with the rising count of terrorist attacks, is expected to drive the proliferation of the industry in the years to come. In addition, the internal militancy issues going on in countries such as Syria, Nigeria, etc. are poised to unleash developmental opportunities to the industry. The governments are increasing investments in the defense sector owing to rising threats posed by the terrorists and militants.

 

Table of Contents

  1. GLOBAL AIRCRAFT NACELLE SYSTEMS MARKET-SCOPE AND METHODOLOGY 
  2. GLOBAL AIRCRAFT NACELLE SYSTEMS MARKET –TRENDS AND DEVELOPMENTS 
  3. INDUSTRY ANALYSIS 
  4. GLOBAL AIRCRAFT NACELLE SYSTEMS MARKET SEGMENTATION BY PRODUCT 
  5. GLOBAL AIRCRAFT NACELLE SYSTEMS MARKET – BY GEOGRAPHY 
  6. COMPETITIVE LANDSCAPE 
  7. COMPANY PROFILES 
  8. APPENDIX 

 

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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.   

  

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