Global Aircraft Nacelle Components Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, Business Jet, and Military Aircraft), by Component Type (Inlet Cowl, Fan Cowl, Thrust Reverser, Exhaust Components, and Others), by Material Type (Composites, Nickel Alloy, Titanium, and Others), by Process Type (Hand Layup, Resin Infusion, AFP/ATL, Forming, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022
This report, from Stratview Research, studies the global aircraft nacelle components market over the trend period of 2011 to 2016 and the forecast period of 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Aircraft Nacelle Components Market: Highlights
The global aircraft nacelle components market is projected to reach an estimated value of US$ 8,415 million in 2022. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight aircraft nacelle components; increasing share of wide-body aircraft in commercial aircraft deliveries, rising global aircraft fleet size; and increasing diameter of fan blades of turbofan engine are the major growth drivers of the global aircraft nacelle components market.
The global aircraft nacelle components market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, Business Jet, and Military Aircraft. Narrow-body aircraft is expected to remain the growth engine of the global aircraft nacelle components market during the forecast period, propelled by the introduction of fuel-efficient variants of best-selling programs (A320neo and B737 Max). Both the commercial aircraft airframers (Boeing and Airbus) are enjoying huge order backlogs of their key aircraft programs and are increasing the production rates of A320 and B737 to meet the growing demand.
Based on the material type, the aircraft nacelle components market is segmented as Composites, Nickel Alloys, Titanium, and Others. Composite is expected to remain the material of choice in the aircraft nacelle components market during the forecast period. There has been an incessant replacement of metals with composite components, owing to their excellent strength-to-weight ratio at a relatively low weight. Titanium components are expected to witness the highest growth in the market during the same period, driven by an increasing penetration, especially in exhaust components.
Based on the region, North America is expected to remain the largest aircraft nacelle components market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period. The highest growth of aircraft nacelle components in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus of 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).
The supply chain of this market comprises raw material suppliers, nacelle component manufacturers, nacelle integrators, engine OEMs, aircraft OEMs, and airline companies. The key aircraft nacelle component manufacturers are UTC Aerospace Systems, Safran S.A., Spirit Aerosystems, Inc., Bombardier (Short Brother PLC), GKN Aerospace, and Leonardo S.p.A. Development of lighter nacelle components, regional expansion, and mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts have been executed to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
The global aircraft nacelle components market is segmented into the following categories.
Global Aircraft Nacelle Components Market, By Aircraft Type
- Narrow-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
- Wide-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
- Very Large Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
- Regional Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
- Business Jet (Regional Analysis: NA, Europe, APAC, and RoW)
- Military Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Nacelle Components Market, By Component Type
- Inlet Cowl (Regional Analysis: NA, Europe, APAC, and RoW)
- Fan Cowl (Regional Analysis: NA, Europe, APAC, and RoW)
- Thrust Reverser (Regional Analysis: NA, Europe, APAC, and RoW)
- Exhaust Components (Regional Analysis: NA, Europe, APAC, and RoW)
- Other Components (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Nacelle Components Market, By Material Type
- Composites (Regional Analysis: NA, Europe, APAC, and RoW)
- Nickel Alloy (Regional Analysis: NA, Europe, APAC, and RoW)
- Titanium (Regional Analysis: NA, Europe, APAC, and RoW)
- Other Metals (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Nacelle Components Market, By Manufacturing Process Type
- Hand Layup (Regional Analysis: NA, Europe, APAC, and RoW)
- Resin Infusion (Regional Analysis: NA, Europe, APAC, and RoW)
- AFP/ATL (Regional Analysis: NA, Europe, APAC, and RoW)
- Forming (Regional Analysis: NA, Europe, APAC, and RoW)
- Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Aircraft Nacelle Components Market, By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Latin America, The Middle East, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Regional Segmentation
- Current market size (2016) of aircraft nacelle components in any of the North American country by aircraft type
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across sectors. In the case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
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