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    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast (2019-2024) | Covid-19 Impact Analysis

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast (2019-2024) | Covid-19 Impact Analysis

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast (2019-2024) | Covid-19 Impact Analysis
    Report code - SRAD159 Published On : Mar,2019 No. of Pages: 242
    Aeroengine Accessory Drive Train (ADT) Market Size, Share, Trend, Forecast, & Competit See more...
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    Impact of COVID-19 on Aeroengine Accessory Drive Train Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Aeroengine Accessory Drive Train (ADT) Market Insights

    The aeroengine ADT has undergone a remarkable transition over a period of time, especially with regards to the weight reduction and an increase in power transmission capacity. For instance; Safran Transmission Systems developed an ADT for LEAP engines, certified for the A320neo, B737 Max, and C919 aircraft programs, which reduces the ADT’s weight by 20% and improves the power transmission capacity by 30% as compared to the ADT used on the CFM56 engine. It is expected that weight reduction and improvement in the power transmission capacity would remain the indispensable focus area of the market.

    All the major engine manufacturers are working closely with the tier players in order to develop efficient ADTs addressing their current as well as emergent requirements. Another remarkable transition is taking place with regard to a material shift, as the industry is chiefly moving towards magnesium with the purpose of making parts lighter yet offering higher specific strength and better heat tolerance.

    ADT differs greatly from aircraft to aircraft based on the engine size, engine type, and the complexity of the aircraft in which they are installed. For instance; ADTs used for turbofan engines will be considerably different than those ADTs used for turbojet engines, turboshaft engines, and turboprop engines. Hence, the selection of ADT as per the engine type is of paramount importance for safe operations and increased efficiency of an aircraft.

    The global aeroengine ADT market is projected to grow at a healthy rate over the next five years to reach US$ 890.2 million in 2024. Organic growth of the aircraft industry is the primary driver of the sustainable demand for aeroengine ADT in an aircraft. Boeing anticipated that there would be total deliveries of 41,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during 2018-2037. An expected healthy CAGR of 4.7% in air passenger traffic during 2018-2033 will chiefly drive the demand for commercial aircraft. This factor will create sustainable demand for aeroengine ADTs globally in the foreseeable future.

    Aeroengine Accessory Drive Train Market Forecast

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    In addition to that, Boeing and Airbus had a combined total order backlog of 13,048 commercial aircraft by the end of 2017. These huge pile of order backlogs of commercial aircraft will allow both airframers to roll out their aircraft continuously for the next nine years at current build rates. However, they have strategically been raising the production rates of their key commercial aircraft programs in order to deliver aircraft to their widespread clients at a shorter period of time. Also, they have been introducing fuel-efficient variants of their best-selling aircraft programs with the purpose to address the biggest requirement of the airline industry, i.e. need for the fuel-efficient aircraft.

     

    Aeroengine Accessory Drive Train (ADT) Market Share Analysis

    Aeroengine Accessory Drive Train Market Forecast

    Aeroengine Accessory Drive Train (ADT) Market Share by Aircraft Type

    The global aeroengine ADT market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, and Helicopter. Commercial aircraft is likely to remain the growth engine of the market during the forecast period. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; the introduction of variants of the best-selling aircraft programs (A320neo, B737 Max, B777x, and A330neo); an advancement in the ADT technology; and market entry of new aircraft (C919 and MC-21) are primarily driving the demand for ADTs in the commercial aircraft segment.

    Aeroengine Accessory Drive Train (ADT) Market Share by Engine Type

    Based on the engine type, the aeroengine ADT market is segmented into Turbofan Engine, Turboprop Engine, Turbojet Engine, and Turboshaft Engine. The turbofan engine is likely to remain the most dominant segment of the global aeroengine ADT market during the next five years. The segment is also likely to grow highest during the same period.  Turbofan engines are primarily used in the commercial aircraft. All the major commercial aircraft programs, such as B737, A320, B787, and A350XWB, rely on turbofan engines.

    Aeroengine Accessory Drive Train (ADT) Market Share by Material Type

    Based on the material type, aluminum is currently the most widely preferred material to make aeroengine ADT components and is likely to remain the most dominant material in the market during the forecast period. It is considered an ideal material for producing housings of ADTs. Whereas, magnesium material, another considerable segment, is likely to grow highest in the market during the same period, driven by its advantages over aluminum including good tensile strength, creep resistance at elevated temperature, and excellent vibration damping characteristics. This makes the material an ideal choice for both main and accessory gearbox casings. Steel is a major material used to produce gears for gearboxes. They also offer sizeable growth opportunities in the coming years.

    Regional Insights

    Based on the regions, North America is projected to remain the largest market during the forecast period, driven by the presence of both large- to small-sized aircraft OEMs, aeroengine manufacturers, ADT manufacturers, component manufacturers, distributors, airline companies, and raw material manufacturers. The USA is likely to remain the growth engine of the region’s market during the forecast period, driven by all assembly plants of Boeing in the country as well as large commercial aircraft fleet. The region is also the largest regional aircraft and business jet market worldwide.

    Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.

    Key Players

    The supply chain of this market comprises raw material suppliers, aeroengine ADT manufacturers, aircraft engine manufacturers, and aircraft OEMs. The key aeroengine ADT manufacturers are Avio Aero, BMT Aerospace, Liebherr Group, Northstar Aerospace, Safran Transmission Systems, The Timken Company, Triumph Group Inc. and UTC Aerospace Systems. The key aircraft OEMs are Boeing, Airbus, Bombardier, ATR, Embraer, COMAC, Irkut, Sukhoi, Cessna, and Gulfstream.

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are 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. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2013-2024

    Size in 2024

    US$ 890.2 million

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries/Subregions Covered

    The USA, Canada, Mexico, France, Germany, the UK, Spain, Russia, China, Japan, India, Latin America, the Middle East and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast by Aircraft Type:

    • Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast by Component Type:

    • Accessory Gearbox (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Internal Gearbox (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transfer Gearbox (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Radial & Horizontal Shaft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast by Engine Type:

    • Turbofan Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Turboprop Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Turbojet Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Turboshaft Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast by Material Type:

    • Aluminum (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Magnesium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aeroengine Accessory Drive Train (ADT) Market Size, Share & Forecast by Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: France, Germany, the UK, Spain, 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 Features

    This strategic assessment report, from Stratview Research, estimates the global as well as regional aeroengine ADT market for the forecast period of 2019 to 2024 by studying current market trends, changing competitive dynamics, and future market possibilities. 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 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.

     

    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)

    Market Segmentation

    • Current market segmentation of any one of the component types by application 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 case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What is Aeroengine Accessory Drive Train?

    The accessory drive train is an aircraft engine equipment used for the transmission system. The accessory drive train is not a part of the engines core yet it drives important accessories, such as fuel pump, hydraulic pump, oil pump, and generator, of an aircraft. ADT performs primarily two functions: first during startup, it transmits torque from starter to engine core for it to come in motion; and second to transfer mechanical energy of the engine turbine to drive the accessories of the aircraft. The ADT comprises of four main components accessory gearbox (AGB), internal gearbox (IGB), external gearbox (EGB) and radial shaft. The AGB acts as the heart of the ADT.

    What will be the size of the Aeroengine Accessory Drive Train (ADT) Market in the foreseeable years?

    Driven by a number of factors like Organic growth of the aircraft industry, the aeroengine accessory drive train (ADT) market is projected to reach an estimated value of US$ 890.2 million in 2024.

    Who are the key players in the Aeroengine Accessory Drive Train (ADT) Market?

    Avio Aero, BMT Aerospace, Liebherr Group, Northstar Aerospace, Safran Transmission Systems, The Timken Company, Triumph Group Inc. and UTC Aerospace Systems. The key aircraft OEMs are Boeing, Airbus, Bombardier, ATR, Embraer, COMAC, Irkut, Sukhoi, Cessna, and Gulfstream. are among the key players in the aeroengine accessory drive train (ADT) market.

    Which country/region is expected to remain the largest Aeroengine Accessory Drive Train (ADT) Market?

    North America is expected to remain the largest market during the forecast period of 2019-2024.

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