Global Aircraft Nacelle Components Market Likely to Exhibit Healthy Growth Over the Next Five Years and Reach $8.4 Billion in 2022, Composites to Remain the Material of Choice During the Forecast Period, Says Stratview Research

DETROIT, February 21, 2018 /PRNewswire/ --

Stratview Research  announces the launch of a new market research report on Global Aircraft Nacelle Components Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, Business Jet, and Military Aircraft), by Component Type (Inlet Cowl, Fan Cowl, Thrust Reverser, Exhaust Components, and Others), by Material Type (Composites, Nickel Alloy, Titanium, and Others), by Process Type (Hand Layup, Resin Infusion, AFP/ATL, Forming, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.

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This market report, from Stratview Research, studies the aircraft nacelle components market over the trend and forecast period of 2011 to 2022. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Nacelle Components Market in the Global Aircraft Industry: Highlights 

As per Stratview Research, the global aircraft nacelle components market offers healthy growth opportunity during the forecast period of 2017 to 2022 and reach an estimated $8,415 million in 2022. The author of the report stated that increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight aircraft nacelle components; increasing share of wide-body aircraft in commercial aircraft deliveries, rising global aircraft fleet size; and increasing diameter of fan blades of turbofan engine are the major growth drivers of the global aircraft nacelle components market.

The research's findings suggest that narrow-body aircraft is expected to remain the growth engine of the global aircraft nacelle components market during the forecast period, propelled by the introduction of fuel-efficient variants of best-selling programs (A320neo and B737 Max).

Based on material type, composite is expected to remain the material of choice in the global aircraft nacelle components market during the forecast period. There has been an incessant replacement of metals with composite components, owing to their excellent strength-to-weight ratio at a relatively low weight. However, titanium components are expected to witness the highest growth in the market during the same period, driven by an increasing penetration, especially in exhaust components.

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As per the study, North America is expected to remain the largest aircraft nacelle components market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period.  The highest growth of aircraft nacelle components in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus of B737, A320, and A330 aircraft programs; increasing procurement of military aircraft, owing to rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).

The key aircraft nacelle component manufacturers are UTC Aerospace Systems, Safran S.A., Spirit Aerosystems, Inc., Bombardier (Short Brother PLC), GKN Aerospace, and Leonardo S.p.A. Development of lighter nacelle components, regional expansion, and mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features 

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

This report studies the nacelle components market in the global aircraft industry and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the five ways in which the market is segmented:

Global Aircraft Nacelle Components Market, By Aircraft Type 

• Narrow-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Wide-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Very Large Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Regional Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Business Jet (Regional Analysis: NA, Europe, APAC, and RoW)
• Military Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)

Global Aircraft Nacelle Components Market, By Component Type 

• Inlet Cowl (Regional Analysis: NA, Europe, APAC, and RoW)
• Fan Cowl (Regional Analysis: NA, Europe, APAC, and RoW)
• Thrust Reverser (Regional Analysis: NA, Europe, APAC, and RoW)
• Exhaust Components (Regional Analysis: NA, Europe, APAC, and RoW)
• Other Components (Regional Analysis: NA, Europe, APAC, and RoW)

Global Aircraft Nacelle Components Market, By Material Type 

• Composites (Regional Analysis: NA, Europe, APAC, and RoW)
• Nickel Alloy (Regional Analysis: NA, Europe, APAC, and RoW)
• Titanium (Regional Analysis: NA, Europe, APAC, and RoW)
• Other Metals (Regional Analysis: NA, Europe, APAC, and RoW)

Global Aircraft Nacelle Components Market, By Manufacturing Process Type 

• Hand Layup (Regional Analysis: NA, Europe, APAC, and RoW)
• Resin Infusion (Regional Analysis: NA, Europe, APAC, and RoW)
• AFP/ATL (Regional Analysis: NA, Europe, APAC, and RoW)
• Forming (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)

Global Aircraft Nacelle Components Market, By Region 

• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific)
• Rest of the World (Country/Region Analysis: Latin America, Middle East, and Others) 

Stratview Research has number of high value market reports in the global aerospace & defense industry. Please refer to the following link to browse through our reports:
Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry

Some of our other premium market reports in the aerospace & defense industry: 

Global Aircraft Thrust Reverser Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and Business Jet), by Product Type (Cascade Type, Pivot Four Door, and Bucket Type), by Material Type (Composites and Metals), by Process Type (Hand Layup, Resin Infusion, AFP/ATL, and Others), by Mechanism Type (Hydraulic and Electric), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022
Global Aerospace Winglets Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation), by Platform Type (B737, B747, B777, B787, A320 Family, A330/A340, A350XWB, A380, B737 Max, B777x, A320neo, E 175, C Series, and Others), by Winglet Type (Blended Winglets, Sharklets, Raked Wingtips, Split Scimitar Winglets, Wingtip Fences, Advanced Technology Winglets, Elliptical Winglets, and Others), by Manufacturing Process (Hand Layup Process, Automated Process, and Others), and by Region (North America, Europe, Asia-Pacific, and RoW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022

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SOURCE Stratview Research