Stratview Research announces the launch of a new market research report on 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 market report, from Stratview Research, studies the aircraft nacelle components market over the trend and forecast period of 2011 to 2022. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Nacelle Components Market in the Global Aircraft Industry: Highlights
As per Stratview Research, the global aircraft nacelle components market offers healthy growth opportunity during the forecast period of 2017 to 2022 and reach an estimated $8,415 million in 2022. The author of the report stated that 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 research’s findings suggest that 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).
Based on material type, composite is expected to remain the material of choice in the global 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. However, 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.
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As per the study, 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 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.
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 on 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:
This report studies the nacelle components market in the global aircraft industry and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the five ways in which the market is segmented:
Global Aircraft Nacelle Components Market, By Aircraft Type
Global Aircraft Nacelle Components Market, By Component Type
Global Aircraft Nacelle Components Market, By Material Type
Global Aircraft Nacelle Components Market, By Manufacturing Process Type
Global Aircraft Nacelle Components Market, By Region
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