Aircraft Exhaust System Market Analysis, Industry Size, Regional Outlook, Competitive Strategies and Forecast 2019 To 2023, Focusing On Top Key Players

Aircraft Exhaust System Market Analysis, Industry Size, Regional Outlook, Competitive Strategies and Forecast 2019 To 2023, Focusing On Top Key Players

“Aircraft Exhaust System Market”
Aircraft Exhaust System Market Research Report 2019: Industry Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Engine Type (Turbine Engine System, Piston Engine System and APU System), by Application (Civil Aviation and Military Aviation), by End-User (OEM and Aftermarket) and by Region — Global Forecast till 2023

Exhaust system comprises pipes, cones and tubes that collects and disposes heat and gases being discharged by the engine without creating a fire hazard or leaking it into the cabin. This system is vital in enhancing performance and reducing noise of the engine. The aircraft exhaust system is necessary for both the engines and the auxiliary power unit (APU). The reciprocatory or piston engine has two types of exhaust systems, namely, collector system, short stack (open) system.

Market Research Future (MRFR) expects the global aircraft exhaust system market to record a robust CAGR of over 7% during the forecast period (2018-2023).

Leading vendors in the worldwide aircraft exhaust system market include Magellan Aerospace Corporation (Canada), Collins Aerospace (a part of United Technologies Corporation (US)), Doncasters Group Ltd. (UK), Esterline Technologies Corporation (US), Aerobraze Engineered Technologies (a part of Wall Colmonoy Corporation (US)), Nexcelle (a MRAS/Safran joint venture (US)), GKN Aerospace (UK), Senior Aerospace (US), Aircelle (part of Safran SA (France)), Sky Dynamics Corporation (US) to name a few.

Get a FREE Report Sample with Complete TOC @https://www.marketresearchfuture.com/sample_request/7368

Top Drivers and Key Barriers

The global aircraft exhaust system market size can expand exponentially during the appraisal period, backed by mounting aircraft demand and rising investments from defense sector. Rigid regulations aiming to reduce carbon emissions coupled with improving flight efficiency further boost market demand. In addition, advancements in the lightweight and lower drag exhaust components also help the market generate massive revenue all over the world.

Market vendors are making considerable investments in research and development (R&D) for the development of advanced exhaust systems that come with reduced weight and better efficiency. Advancements in Electronic Thrust Reverser Actuation System (ETRAS) along with an electrical thrust reverser actuation controller (ETRAC) as well as thrust reverser power unit (TRPU) allows automated thrust reverser operation via electromechanical actuators, which stimulates the growth of the aircraft exhaust system market.

Strict government regulations with regard to safety aspects of the aircraft exhaust systems offer an optimistic outlook for the market in the coming years. Case in point, the Federal Aviation Administration (FAA) has implemented a number of guidelines and policies such as corrosion resistance, ability to withstand significantly high vibrations and inertia loads and fire-proofing, which is deemed to favor market growth during the projected timeframe.

Market Segmentation

The worldwide Aircraft Exhaust System Market has been extensively studied by MRFR with reference to segments like application, end-user, and engine type.

With respect to the application, the aircraft exhaust system market includes civil aviation and military aircraft. The civil aviation segment is considered for commercial & cargo aviation, general aviation, and business aviation. In the past couple of years, developed markets, such as Europe, Asia Pacific, and the US have noted substantial expenses by passengers, owing to their surging income levels. In addition, worldwide air travel is now easily available by low-cost carriers; meanwhile airlines are expanding their services to several locations around the world. This has led to rapid expansion of the aviation industry across the globe. It was reported that in 2016, more than 23,000 airplanes were in service and can potentially double over the next 20 years. Moreover, surge in air travel in Asia Pacific, predominantly in India, China and Indonesia significantly boosts the demand for new commercial aircraft, which further drives the exhaust system market.

Depending on the end-user, the aircraft exhaust system market caters to original equipment manufacturer (OEM) and Aftermarket. The OEM segment has the potential to attain the top position in the market, whereas the aftermarket segment can register a higher growth rate during the review period since exhaust systems need maintenance, replacement, and timely checks to better the safety level.

In terms of the engine type, the aircraft exhaust system market consists of turbine engine, piston, engine and auxiliary power unit (APU). The piston engine segment can be split into collector system and short stack system. The collector system notes immense demand in the market as it is on almost every turbo-supercharged engine and also helps enhance nacelle streamlining.

Regional Insight

North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW) are the primary markets for aircraft exhaust system identified in the MRFR report.

North America has the highest chance of attaining the leading position in the global aircraft exhaust system market during the appraisal period. The region’s first-rate performance in the global market is the result of the presence of various aircraft manufacturers like Airbus, Lockheed Martin and Boeing. These companies mostly focus on developing a diversified range of aircraft at different price range. On top of that, growing production of these aircraft to bring down order backlogs boost the industry size in the region. To illustrate, in 2019, Boeing claimed the delivery of about 806 commercial jets in the previous year.

APAC can achieve the fastest growth rate during the forecast period, thanks to the increasing demand for commercial and combat aircraft. Hike in the number of airlines in India and China also benefits the regional market to a great extent. With rising economies and elevating disposable income, the number of air passengers in these countries has risen at a fast pace over the year. Japan has been estimated to one of the most lucrative markets for aircraft exhaust system in the region, on account of frequent technological advancements as well as economic growth.

The Europe market is presented with significant growth opportunities in the form of reduced crude oil prices and declining airline ticket prices. These factors lead to strong demand for air travel compared to road or rail.

Table of Contents 

1. Executive Summary 

2. Market Introduction

2.1. Market Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Takeaways

2.5. Key Buying Criteria 

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

3.7. Limitations 

4. Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat of New Entrants

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of Substitutes

4.1.4. Segment Rivalry

4.1.5. Bargaining Power of Supplies

4.2. Value Chain/supply Chain Analysis

Continued…….. 

Browse Complete Report “Aircraft Exhaust System Market Research Report – Global Forecast till 2023” @https://www.marketresearchfuture.com/reports/aircraft-exhaust-system-market-7368

List of Tables

Table 1 Global Aircraft Exhaust System Market, by Region, 2018–2023

Table 2 North America: Aircraft Exhaust System Market, by Country, 2018–2023

Table 3 Europe: Aircraft Exhaust System Market, by Country, 2018–2023

Table 4 Asia-pacific: Aircraft Exhaust System Market, by Country, 2018–2023

Table 5 Rest of the World: Aircraft Exhaust System Market, by Region, 2018–2023

Table 6 Global Aircraft Exhaust System Application Market, by Region, 2018–2023

Table 7 North America: Aircraft Exhaust System Application Market, by Country, 2018–2023

Continued……

List of Figures

Figure 1 Research Process of Mrfr

Figure 2 Top-down & Bottom-up Approaches

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Continued…….

Ask for your specific company profile and country level customization on reports.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/aircraft-exhaust-system-market-7368