Aircraft Nacelle Market

Aircraft Nacelle Market was estimated to be USD 1,530 million in 2020 and is projected to expand at a faster CAGR over the forecast period, owing to the increase in cargo traffic and passenger traffic.

To have an edge over the competition by knowing the market dynamics and current trends of “Aircraft Nacelle Market”, request for Sample Report here

Key Drivers and Emerging Trends

The aircraft nacelle market is forecast to witness a promising growth over the upcoming years, owing to the increasing adoption of aircraft nacelle components in passenger and military aircraft industries, owing to their high strength, light weight, prevention from fire and lighting, and noise abatement. The ongoing technological advancements in the aircraft nacelle industry have increased the emphasis on research and development, thus, boosting the Aircraft Nacelle Market size. For example, Collins Aerospace introduced an Advanced Perforate Technology to produce repeatable, small hole perforations, which minimizes the aerodynamic drag and enhances noise attenuation for nacelle inlets and thrust reversers. The advent of sophisticated technologies including additive manufacturing in the production of nacelle systems and their components in order to minimize the manufacturing cost and decrease the weight of aircraft will further expand the market size. The increase in passenger traffic, along with the expansion of tourism industry have augmented the demand for aircrafts which is projected to expand the global aircraft nacelle market. However, the high procurement cost associated with the aircraft nacelles might hamper the Aircraft Nacelle Market growth.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Material – Segment Analysis

Aluminium alloys are predicted to witness a promising growth during the forecast period owing to its remarkable strength and resistance to fatigue. Expansion across the tourism sector and growing demand for superior transportation means in order to cater the rapid industrialization will further expand the segment’s size.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

North America is predicted to expand at a faster CAGR over the forecast period, owing to the ongoing technological advancements in aircraft nacelle designs to decrease weight of plane. Further, the existence of a large number of leading producers and growing demand for new aircraft are projected to expand the regional size. The increase in national and international aircraft movements and a surge in the contracts for nacelle, primarily in the USA will further expand the regional growth. Besides, Asia-Pacific is estimated to witness a higher CAGR over the coming years due to the expansion in aircraft fleet to support rising passenger traffic and the establishment of assembly plants for Boeing and Airbus.

Top Market Players

Various notable players operating in the market, include, Safran, Raytheon Technologies Corporation, Leonardo S.p.A, Bombardier, ST Engineering, Nexcelle, GKN Aerospace Services Limited, Triumph Group, Aernnova Aerospace S.A, Barnes, among others.

Key Developments:

• • In 2022, Safran Nacelles and Satair Group entered into a supply contract, which made Safran a lifetime supplier for supply chain services of A340 -500/600 engine nacelle spare parts and components.
  • In 2021, Spirit AeroSystems entered into a strategic collaboration with Albany Engineered Composites to deliver a variety of differentiated technical and industrialized solutions to support hypersonic program developments.
  • In 2021, Barnes Aerospace extended its long-term agreement with ITP Aero to produce components and assemblies for the Trent XWB engine program.
  • In 2020, Woodward strategically collaborated with Hexcel on the belief that the companies together could operate more efficiently and devote more resources to next-gen materials.
  • In 2022, Triumph Group was awarded a contract by Airbus to design, manufacture, and offer complete program lifecycle support on the primary thermal acoustic insulation system for the Airbus Canada A220 aircraft.
  • In Feb 2020, Lufthansa Technik come into contract with Boeing Company alone with airbus to supply the various components which are used to build engine nacelle. These are being used in A350.
  • In Oct 2019, Safran has provided nacelle systems for Gulfstream Aviation’s G700 business jet. This contract has enabled the company to expand its customer base globally.

Segments covered in the Report:

The global Aircraft Nacelle Market has been segmented on the basis of Material, End User, Type, and regions. Based on Material, the market is segmented into Stainless Steel, Titanium Alloys, Nickel Chromium, Composites and Aluminum Alloys.  Based on End User, the market is segmented into Original Equipment Manufacturer and Maintenance, Repair and Operations. Based on Type, the market is segmented into Rear Mounted Nacelle, Pylons Under Wing and Clipped at Wing.

For detailed scope of the “Aircraft Nacelle Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Aircraft Nacelle Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Aircraft Nacelle Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Aircraft Nacelle Market?
  • Which Material generated maximum revenues in 2020 and identify the most promising Material during the forecast period?
  • What is the various End User of global Aircraft Nacelle Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Aircraft Nacelle Market by Material

• • Stainless Steel
  • Titanium Alloys
  • Nickel Chromium
  • Composites
  • Aluminum Alloys

Global Aircraft Nacelle Market by End User

• • Original Equipment Manufacturer
  • Maintenance, Repair and Operations

Global Aircraft Nacelle Market by Type

• • Rear Mounted Nacelle
  • Pylons Under Wing
  • Clipped at Wing

Global Aircraft Nacelle Market by Region

• • North America Aircraft Nacelle Market (Option 1: As a part of the free 25% customization)
    • By Material
    • By End User
    • By Type
    • US Market All-Up
    • Canada Market All-Up
  • Europe Aircraft Nacelle Market (Option 2: As a part of the free 25% customization)
    • By Material
    • By End User
    • By Type
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Aircraft Nacelle Market (Option 3: As a part of the free 25% customization)
    • By Material
    • By End User
    • By Type
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Aircraft Nacelle Market (Option 4: As a part of the free 25% customization)
    • By Material
    • By End User
    • By Type
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Safran
  • Raytheon Technologies Corporation
  • Leonardo S.p.A
  • Bombardier
  • ST Engineering
  • Nexcelle
  • GKN Aerospace Services Limited
  • Triumph Group
  • Aernnova Aerospace S.A
  • Barnes