Global Aircraft Nacelle and Thrust Reverser
Market Report
2024
Aircraft nacelle and thrust reverser market size is USD 4.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global aircraft nacelle and thrust reverser market size is USD 4.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Aircraft Nacelle and Thrust Reverser Market Sales Revenue 2024 | $ 4.2 Billion |
Global Aircraft Nacelle and Thrust Reverser Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6% |
Market Split by End-User |
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Market Split by Material |
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Market Split by Product |
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Market Split by Engine Type |
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Market Split by Aircraft Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Aircraft Nacelle and Thrust Reverser Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Aircraft nacelle and thrust reverser describe aircraft that have nacelles, which are sleek housings for things like engines, fuel, and other equipment. Thrust reversers are devices that jet planes use to slow down upon landing. An increase in defense spending, advancements in electric aircraft, a rebound in air travel, and heightened environmental consciousness are all factors that could lead to growth during the predicted period. There will be a lot of new developments in areas like electric and hybrid propulsion, digital twins and simulation, integrated systems, thrust reverser innovation, and noise reduction throughout the next few years, and the aircraft nacelle and thrust reverser industry’s heavy investment in R&D and the government’s strict regulations aimed at improving passenger safety. There will likely be more demand for airplane nacelles and thrust reversers as a result of the rising number of aircraft acquisitions. Manufacturing aircraft nacelles and thrust reversers have become more important as the aviation industry continues to expand in response to factors such as the expanding global transportation network, increased incomes, more employment opportunities, and the ease with which international trade and tourism can be facilitated.
Increasing Number of Aircraft Shipments- Demand for aircraft nacelles and thrust reversers is being driven by an uptick in commercial and cargo aircraft manufacturing, which is, in turn, driven by increased worldwide air traffic and trade. The necessity for these parts increases in direct proportion to the growth and modernization of airline fleets. The ever-evolving field of materials science and mechanics drives the demand for increasingly sophisticated aircraft nacelles and thrust reversers.
The aircraft nacelle and thrust reverser market is anticipated to see restraints in growth during the forecast period due to being subject to strict rules and regulations that govern their design and upkeep. Another factor expected to slow down the market is the high cost of creating, manufacturing, and maintaining aircraft nacelles and thrust reversers.
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In January 2024, Eve Air Mobility’s mission is to accelerate the UAM ecosystem. The company is listed on the NYSE as EVEX and EVEXW. The company’s electric vertical takeoff and landing planes can accommodate one pilot and three passengers. FACC has been given the contract to design and manufacture the aileron, horizontal and vertical tails, and their movable components (rudder and elevator). A volume in the high double-digit million range is indicative of the full deal.
Top Companies Market Share in Aircraft Nacelle and Thrust Reverser Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the aircraft nacelle and thrust reverser market due to the strong demand for new planes and the need to replace old ones. In addition, the abundance of leading aircraft manufacturers' advances in technology and the region’s significant need for new aircraft services is driving the growth of the North American aircraft nacelle and thrust reverser market.
Asia-Pacific stands out as the fastest-growing region in the aircraft nacelle and thrust reverser market because rising air traffic is fueling the region’s aviation sector’s rapid rise, which is in turn fueled by the region’s expanding middle class and improving economic conditions. The need for aircraft nacelles and thrust reversers is being driven by the increasing number of aircraft needed to accommodate the growing number of commercial and freight flights. In addition, because of the increasing size of the commercial aircraft fleet and the fast expansion of the commercial aviation industry, growing more engaged in aircraft research and development as a result of the need to improve technological capacities is aircraft nacelle and thrust reverser market with the fastest rate of growth.
The current report Scope analyzes Aircraft Nacelle and Thrust Reverser Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Aircraft Nacelle and Thrust Reverser Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aircraft Nacelle and Thrust Reverser Industry growth. Aircraft Nacelle and Thrust Reverser market has been segmented with the help of its End-User, Material Product, and others. Aircraft Nacelle and Thrust Reverser market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Aircraft Nacelle and Thrust Reverser market.
End-User of Aircraft Nacelle and Thrust Reverser analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Aircraft Nacelle and Thrust Reverser from 2019 to 2031. This will also help to analyze the demand for Aircraft Nacelle and Thrust Reverser across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Material of Aircraft Nacelle and Thrust Reverser are:
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According to cognitive market research, thrust reversers are the dominant category because an aircraft’s thrust reversers are the most complex and heavy component in its nacelle, and their price tag reflects that. Therefore, the thrust reverser market is expected to maintain its dominance during the projection period, driven by the increasing demand for new aircraft deliveries worldwide.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aircraft Nacelle and Thrust Reverser Market is witnessing significant growth in the near future.
In 2023, the Original Equipment Manufacturer (OEM) segment accounted for noticeable share of global Aircraft Nacelle and Thrust Reverser Market and is projected to experience significant growth in the near future.
The Composites segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Safran (France) , FACC AG (Austria) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
End-User | Original Equipment Manufacturer (OEM), Aftermarket |
Material | Composites, Alloys, Stainless Steel |
Product | Thrust Reverser, Aircraft Nacelle, Engine Build-up Unit, Exhaust System |
Engine Type | Turbofan, Turboprop, Turboshaft, Aircraft Type Outlook: |
Aircraft Type | Fixed Wing, Military Aviation, Rotary Wing |
List of Competitors | Safran (France), Spirit AeroSystems (US), FACC AG (Austria), Barnes Group Inc (US), Woodward |
This chapter will help you gain GLOBAL Market Analysis of Aircraft Nacelle and Thrust Reverser. Further deep in this chapter, you will be able to review Global Aircraft Nacelle and Thrust Reverser Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation End-User Analysis 2019 -2031, will provide market size split by End-User. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by End-User Analysis 2019 -2031
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Chapter 11 Market Split by Material Analysis 2019 -2031
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Chapter 12 Market Split by Product Analysis 2019 -2031
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Chapter 13 Market Split by Engine Type Analysis 2019 -2031
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Chapter 14 Market Split by Aircraft Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aircraft Nacelle and Thrust Reverser market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Original Equipment Manufacturer (OEM) have a significant impact on Aircraft Nacelle and Thrust Reverser market? |
What are the key factors affecting the Original Equipment Manufacturer (OEM) and Aftermarket of Aircraft Nacelle and Thrust Reverser Market? |
What is the CAGR/Growth Rate of Composites during the forecast period? |
By type, which segment accounted for largest share of the global Aircraft Nacelle and Thrust Reverser Market? |
Which region is expected to dominate the global Aircraft Nacelle and Thrust Reverser Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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