Representing the developed world, the United States will maintain a 4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$32 Million to the region's size and clout in the next 5 to 6 years. Over US$26.2 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Aluminum Alloys will reach a market size of US$43.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.4% over the next couple of years and add approximately US$272.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Bombardier, Inc.
- FACC AG
- GKN Aerospace
- Leonardo SpA
- NORDAM Group, Inc.
- Spirit Aerosystems, Inc.
- Triumph Group, Inc.
- United Technologies Corporation (UTC)
- Woodward, Inc.
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Nacelle: The Streamlined Casing that Houses Aircraft Engine
Thrust Reverser: A Component of Nacelle Intended for Decelerating Aircraft on the Runway
Nacelle and Thrust Reverser Market Set for Progressive Growth
Prevailing Scenario in the World Aerospace Industry Points Towards Stellar Growth Prospects
Ongoing Expansion in Commercial Airline Fleet Size to Widen Opportunities
Global Aircraft Fleet Size (in Units) by Aircraft Type for the Years 2019 & 2029
Global Aircraft Fleet Size (in Units) by Geographic Region for the Years 2019 & 2039
Growing Passenger & Cargo Traffic Instigates the Need for New Aircraft
World Passenger Traffic (in RTK) and Cargo Traffic (in FTK) for Years 2016, 2017 and 2018
Progressive Momentum in Business Jet Segment Amplifies Opportunities
About 8,500 Private Jets to be Delivered over the 10-Year Period Starting from 2019: Annual Worldwide Private Jet Deliveries for Years 2018 through 2028
Rising Demand for Military Aircraft Amid Mounting Geopolitical Risks and Increasing Global Military Spending Bodes Well
Global Military Spending (in US$ Billion) for the Years 2013 through 2023
Global Competitor Market Shares
Aircraft Nacelle and Thrust Reverser Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Ability to Enable Shorter Landing Distances & Reduce Wear on Aircraft Brakes Steer Wider Adoption of Thrust Reversers
Thrust Reversers Remain Highly Desired in Regular and Critical Landing Scenarios
Prominent Role in Rejected Take Off Procedures
Composites Constitute the Primary Structural Materials for Nacelle and Thrust Reversers
Alloys & Superalloys Remain in Contention: A Brief Review of Alloy Material Applications in Modern Aircraft
Ongoing Regulatory Emphasis on Reducing CO2 Emissions Puts Focus on Ultra-Lightweight Engine Parts
ICAO CORSIA Standard Gives Clear Edge to Lightweight Materials in Aircraft Parts Manufacture
ICAO Seeks to Reduce Aircraft Energy Intensity to 9.8MJ/RTK by 2030 from 12.1MJ/RTK in 2019
A Glimpse at Use Cases of Light Weight Material in Modern Aircraft
3D Printing Technology Seeks Role in Design & Production of Thrust Reversers and Nacelle Systems
Critical Maintenance Requirements of Modern Nacelle Systems Gives Impetus to Aftermarket Sales
Healthy Trajectory in MRO Services Domain Boosts Market Prospects
Current MRO Market Trends Across Various Geographic Regions
Engine & Engine Parts Remain the Most Important Service Area: Breakdown of World MRO Services Market (in US$ Billion) by Service Area for Years 2019 & 2029
Select Recent Developments in Nacelle & Thrust Reversers Market
ST Engineering Snaps Up MRA Systems, GE's Nacelle Manufacturing Unit
Collins Aerospace and Airbus Celebrate 45-year Collaboration with Major Nacelle Delivery Milestones
Nexcelle Augments Supply Chain to Support Rapid Production of Nacelles for Bombardier and Comac Aircraft
Nordam Suspends Nacelle Production Following Failure to Resolve Contract Dispute with Pratt & Whitney Canada
General Dynamics Acquires Gulfstream G500/G600 Nacelle Manufacturing Line from Nordam Group
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
US Aircraft Nacelle and Thrust Reverser Market Share (in %) by Company: 2019 & 2025
Market Facts & Figures
European Aircraft Nacelle and Thrust Reverser Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
NORDAM GROUP, INC.
UNITED TECHNOLOGIES CORPORATION
V. CURATED RESEARCH