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Dublin, Sept. 23, 2022 (GLOBE NEWSWIRE) — The Aircraft Nacelle And Thrust Reverser Global Market Report 2022 has been added to from ResearchAndMarkets.com offer.

The global market for aircraft nacelles and thrust reversers is expected to grow from $2.50 billion in 2021 to $2.65 billion in 2022 at a compound annual growth rate (CAGR) of 5.85%. The aircraft nacelles and thrust reversers market is expected to reach $3.57 billion in 2026 at a compound annual growth rate (CAGR) of 7.73%.

North America was the largest region in the Aircraft Nacelles and Thrust Reversers Market in 2021. Regions covered in the Aircraft Nacelles and Thrust Reversers Market report are Asia-Pacific , Western Europe, Eastern Europe, North America, South America, Middle East and Africa. .

Rising aircraft purchases are expected to contribute to the growth of the aircraft nacelles and thrust reversers market. The growth of the aviation industry due to the rapid global transportation network, economic growth, job creation, increased incomes and facilitation of international trade and tourism has led to an increase in the purchase of aircraft by organizations that drive the demand for aircraft nacelles and thrust reversers, as these are essential components supporting critical functions of the aircraft being manufactured.

For example, in June 2021, United Airlines, a major airline based in the United States, announced the largest order of 270 narrow-body aircraft. The $30 billion order was the industry’s largest by a single airline in more than a decade. The company is relying on a boom in domestic travel and demand for premium tickets. This will create approximately 25,000 jobs over the next few years. Additionally, in June 2022, Air India, an Indian airline, said it plans to order 300 narrow-body jets, one of the largest orders in commercial aviation history. The order is worth $40.5 billion. Thus, the increase in aircraft purchases will drive the growth of the aircraft nacelles and thrust reversers market.

Strategic partnership is a key trend that is gaining popularity in the aircraft nacelle and thrust reverser market. Major players enter into partnerships to create synergy by leveraging each other’s expertise, resources and technologies, as well as expanding their product and market reach. The partnerships are also focused on improving aftermarket capabilities and services for aircraft nacelles and thrust reversers, resulting in a better customer experience.

For example, in April 2022, Boeing Global Services Inc., a US-based company offering a comprehensive portfolio of aerospace products, solutions and services, partnered with Spirit AeroSystems Inc., a US-based aerospace company which manufactures aerostructures. The partnership aims to integrate aftermarket resources, enhancing the MRO footprint in support of nacelle repairs and flight controls for the global 737 MAX fleet. The agreement will provide Boeing with a stronger MRO footprint for nacelle and flight control surface removal, integrating Boeing’s largest portfolio of assets with Spirit AeroSystems’ hands-on repair expertise.

Scope

Covered markets:

1) By type: Aluminum alloys; titanium alloys; Composite materials; Nickel Chromium; Stainless steel
2) By engine type: turbojet; turboprop; Turbojet; Piston
3) By application: OEM; Maintenance, repairs and operations (MRO)

Main topics covered:

1. Summary

2. Characteristics of the Aircraft Nacelles and Thrust Reversers Market

3. Aircraft Nacelle and Thrust Reverser Market Trends and Strategies

4. Impact of COVID-19 on aircraft nacelle and thrust reverser

5. Aircraft Nacelle and Thrust Reverser Market Size and Growth

6. Aircraft Nacelle and Thrust Reverser Market Segmentation

7. Regional and Country Analysis of the Aircraft Nacelle and Thrust Reverser Market

8. Asia-Pacific Aircraft Nacelles and Thrust Reversers Market

9. China Aircraft Nacelles and Thrust Reversers Market

10. Indian Aircraft Nacelle and Thrust Reverser Market

11. Japan Aircraft Nacelles and Thrust Reversers Market

12. Australia Aircraft Nacelle and Thrust Reverser Market

13. Indonesian Nacelle and Thrust Reverser Market

14. South Korea Aircraft Nacelles and Thrust Reversers Market

15. Western Europe Aircraft Nacelles and Thrust Reversers Market

16. UK aircraft nacelles and thrust reversers market

17. Germany Aircraft Nacelles and Thrust Reversers Market

18. France Aircraft Nacelles and Thrust Reversers Market

19. Eastern Europe Aircraft Nacelles and Thrust Reversers Market

20. Russian aircraft nacelles and thrust reversers market

21. North America Aircraft Nacelles and Thrust Reversers Market

22. US Aircraft Nacelles and Thrust Reversers Market

23. South America Aircraft Nacelles and Thrust Reversers Market

24. Brazilian Aircraft Nacelle and Thrust Reverser Market

25. Middle East Aircraft Nacelles and Thrust Reversers Market

26. Africa Aircraft Nacelles and Thrust Reversers Market

27. Aircraft Nacelle and Thrust Reverser Market Competitive Landscape and Company Profiles

28. Key mergers and acquisitions in the aircraft nacelles and thrust reversers market

29. Aircraft Nacelle and Thrust Reverser Market Future Prospects and Potential Analysis

30. Annex

Companies cited

  • Bombardier Inc.

  • GKN Aerospace

  • Leonardo SpA

  • NORDAM Group Inc.

  • Saffron

For more information about this report visit https://www.researchandmarkets.com/r/3x056z

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