Aircraft Nacelle and Thrust Reverser Market Growth by Opportunities, Current Trend, Segments and Forecast by 2030
Research Reports
Jun 21, 2023
Market Research Future Insights
According to MRFR analysis, the Aircraft Nacelle and Thrust Reverser Market is expected to register a CAGR of 6.58% from 2020 to 2030 and hold a value of over USD 5.77 Billion by 2030.
An aircraft nacelle is an aerodynamic enclosure that surrounds an aircraft engine, providing a streamlined shape that reduces drag and enhances engine efficiency. The aircraft nacelle and thrust reverser market refers to the global industry that designs, manufactures, and supplies nacelles and thrust reversers for various types of aircraft, including commercial airliners, business jets, regional jets, and military aircraft. This market is driven by the demand for more efficient and environmentally friendly aircraft, as well as the need to comply with increasingly strict regulations related to noise and emissions.
The COVID-19 pandemic has had a significant impact on the aircraft nacelle and thrust reverser market. The pandemic has also disrupted global supply chains, causing delays in the production and delivery of aircraft components. This has led to production and delivery delays for nacelles and thrust reversers, further impacting the market.
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Key Players
Some of the key market players are:
- Aircelle
- Collins Aerospace
- FACC AG (Austria)
- GKN Aerospace (UK)
- Leonardo SpA (Italy)
- Middle River Aircraft Systems
- Nexcelle
- Sicamb SpA
- Spirit AeroSystems Inc.
- Westfield Hydraulics Inc. (US)
Market Segmentation
The Aircraft Nacelle and Thrust Reverser Market has been segmented into engine type and application.
Based on the engine type, the market has been segmented into turboprop and turbofan.
Based on the application, the market has been segmented into civil aviation and military aviation.
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Regional Analysis
The largest region for the Aircraft Nacelle and Thrust Reverser Market is North America. Europe is also a significant market for aircraft nacelles and thrust reversers, with major manufacturers such as Safran and Rolls-Royce headquartered in the region. The region is home to many commercial airlines and has a large defense industry, driving demand for military aircraft components.
The Asia Pacific region is also an emerging market for aircraft nacelles and thrust reversers, with growing demand from the increasing number of air passengers in the region. The region is home to major aircraft manufacturers such as Airbus and Mitsubishi Heavy Industries, as well as suppliers such as Kawasaki Heavy Industries and ShinMaywa Industries.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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