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Pulished Date February, 2020
ID: 9216
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Aircraft Nacelle Systems Market by End-User (OEM and MRO), Material (Aluminum Alloys, Titanium Alloys, Composites, Nickel Chromium), Component (Fan Cowl, Engine Cowl, and Thrust Reverser), and Region - Global Forecast to 2025

Pulished: February, 2020
ID: 9216
Pages: 140

Aircraft Nacelle Systems Market Overview Analysis:

Global Aircraft Nacelle Systems Market: The Aircraft Nacelle Systems is an aerodynamic enclosure suitable for clothing engines and interfaces with aircraft structures. The advanced composite system incorporates a thrust inverter to help protect and maintain the engine and optimize airflow through the engine. The Aircraft Nacelle manages a variety of essential functions, including noise reduction, ice removal and internal and external temperature control, fire and lightning protection, and load absorption between the engine and the pylons.

Aircraft Nacelle Systems Market was worth US$ xx million in 2020, and it is estimated to reach a valuation of US$ xx million by the end of 2025, expanding at a robust CAGR.

Recent Developments 

  1. In August 2018, Ducommun signed a long-term contract of more than $ 200 million with an original equipment manufacturer (OEM) to manufacture gondola parts. The 10-year agreement is valid until 2029.
  2. In July 2017, Safran Nacelles signed a contract with the Satair Group to provide lifetime supply chain service for the A340-500 / 600 engine gondola parts.
  3. In August 2019, for commercial aircraft, Airbus SE and The Boeing Company recorded aircraft balances of 7,172 and 5,730, respectively.
  4. The GE9X engine for the B777X aircraft is the most powerful and largest commercial jet engine. The engine is housed inside a 14.5-foot wide gondola of the same size as the Boeing 737 fuselage.
  5. Safran has invested approximately 10 million euros in an integrated 8,000 square meter gondola plant for the Airbus A320neo.

Market Growth:

The increase in passenger traffic allows airlines to expand their reach to other locations around the world. In addition, the average age of airlines is increasing, creating growth opportunities for market players. 

Drivers: 

The use of additive machining in Aircraft Nacelle Systems can help reduce the weight of the aircraft, as well as reduce manufacturing costs, due to the reduction of small parts, such as fasteners. However, the integration of this technology in the gondola system is still in the development stage. The trajectory of the global Aircraft Nacelle Systems Market is expected to continue with current growth opportunities for new and existing players. As the use of air transport for passengers and transport increases, it will be necessary to increase global air transport. This will indirectly lead to the growth of the global market of Aircraft Nacelle Systems. 

The Aircraft Nacelle Systems has an engine propulsion system and helps reduce vibration, defrosting and engine noise. The Nacelle system also manages external and internal temperature differences, which is an essential advantage of airplanes. Nacelle integrators are working with original equipment manufacturers and other industries to develop lightweight gondolas with improved performance. This factor is driving the demand for the global Aircraft Nacelle Systems Market.

Restraints:

The new turbofan, which increases fuel efficiency by increasing the bypass ratio, means a more giant Nacelle with a larger fan diameter, which threatens to offset the benefits of fuel combustion with higher weight and strength. This could be an important limitation in the global Aircraft Nacelle Systems Market. The repair and maintenance of the Nacelle system are difficult and expensive, which is an essential limitation in the worldwide market of the aircraft nacelle system. The high shipping costs of large Nacelle are hampering the market of Aircraft Nacelle Systems.

Market Segmentation:

According to the end-users, the OEM segment in the aircraft nacelle system is expected to experience the greatest growth during the forecast period. In the aviation industry, airplanes equipped with gondola and thrust reversing technology are manufactured and supplied by OEMs.

By material, the aluminum alloy sector is presumed to lead the global Aircraft Nacelle Systems Market over the forecast period. Metals such as steel, aluminum and titanium and their alloys are preferred for the manufacture of Aircraft Nacelle Systems due to their resistance and durability at high temperatures.

According to the components, the push investment segment of the global Aircraft Nacelle Systems Market is predicted to show the most considerable growth during the forecast period. Push inverters are the most complex and substantial part of an airplane gondola and contribute significantly to the total cost of the Aircraft Nacelle Systems.

Regional Analysis:

The Asia-Pacific region is expected to generate the highest demand for the global Aircraft Nacelle Systems Market during the forecast period. This growing demand is mainly due to the increase in the order and delivery of new aircraft, which is due to the rise in the number of passengers in the region. During 2013-2018, the number of passengers in Vietnam, India, Thailand, China and Indonesia increased by 130.30%, 117.01%, 76.75%, 73.31% and 40.91% respectively. IATA predicts that by mid-2020, China will replace the United States with the world's largest aviation market (in terms of passenger air traffic), India will be third in the world by 2024 and Indonesia will be fourth in number.

Aircraft OEMs with plans to develop strategic expansion plans to increase penetration in the region, which will support the growth of the aircraft nacelles system market. It is also the second country with the highest military spending after North America. Political and geographical tensions in the region have led countries to expand their military capabilities. The military modernization plan to replace the old aircraft is expected to support the sale of transport aircraft, which will lead the gondola system market in the coming years.

Leading Company:

Boeing, Airbus and UTC are some of the leading players in the market of aircraft nacelle systems. There are about 1,000 demands of gondolas per year for Boeing and Airbus aircraft.

Key Players

  1. Safran SA
  2. United Technologies Corporation
  3. GE Aviation
  4. GKN Aerospace
  5. Bombardier Inc
  6. Others

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Aircraft Nacelle Systems Market, By Component                      

                                6.1.1 Fan Cowl  

                                6.1.2 Engine Cowl            

                                6.1.3 Thrust Reverser    

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Aircraft Nacelle Systems Market, By Material                              

                                6.2.1 Aluminum Alloys  

                                6.2.2 Titanium Alloys      

                                6.2.3 Composites            

                                6.2.4 Nickel Chromium  

                                6.2.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.6 Y-o-Y Growth Rate Analysis             

                                6.2.7 Market Attractiveness Index          

                6.3 Aircraft Nacelle Systems Market, By End-User                            

                                6.3.1 OEM          

                                6.3.2 MRO          

                                6.3.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Component      

                                7.2.3 By Material             

                                7.2.4 By End-User           

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Component      

                                7.3.3 By Material             

                                7.3.4 By End-User           

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Component      

                                7.4.3 By Material             

                                7.4.4 By End-User           

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Component      

                                7.5.3 By Material             

                                7.5.4 By End-User           

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Component      

                                7.6.3 By Material             

                                7.6.4 By End-User           

8. Key Player Analysis                                    

                8.1 Safran SA                     

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 United Technologies Corporation                     

                8.3 The Boeing Company                             

                8.4 GE Aviation                 

                8.5 GKN Aerospace                        

                8.6 Bombardier Inc.                        

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                    a

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Component, By material and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Aircraft Nacelle Systems Market By Region, From 2020-2025 ( USD Billion )
  2. Global Aircraft Nacelle Systems Market By Component, From 2020-2025 ( USD Billion )
  3. Global Fan Cowl Market By Region, From 2020-2025 ( USD Billion )
  4. Global Engine Cowl Market By Region, From 2020-2025 ( USD Billion )
  5. Global Thrust Reverser Market By Region, From 2020-2025 ( USD Billion )
  6. Global Aircraft Nacelle Systems Market By Material, From 2020-2025 ( USD Billion )
  7. Global Aluminum Alloys Market By Region, From 2020-2025 ( USD Billion )
  8. Global Titanium Alloys Market By Region, From 2020-2025 ( USD Billion )
  9. Global Composites Market By Region, From 2020-2025 ( USD Billion )
  10. Global Nickel Chromium Market By Region, From 2020-2025 ( USD Billion )
  11. Global Aircraft Nacelle Systems Market By End-User, From 2020-2025 ( USD Billion )
  12. Global OEM Market By Region, From 2020-2025 ( USD Billion )
  13. Global MRO Market By Region, From 2020-2025 ( USD Billion )

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