Aircraft Thrust Reverser Market Size By Aircraft (Commercial [Narrow-body, Widebody], Regional, Business, Military), By Product (Cascade, Pivot, Bucket), By Manufacturing Process (Hand Layup, ATL/AFP, Resin Infusion),By Mechanism (Hydraulics, Electrical), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Published on: 2024-07-07 | No of Pages : 240 | Industry : Aerospace
Publisher : MRA | Format : PDF&Excel
Aircraft Thrust Reverser Market Size By Aircraft (Commercial [Narrow-body, Widebody], Regional, Business, Military), By Product (Cascade, Pivot, Bucket), By Manufacturing Process (Hand Layup, ATL/AFP, Resin Infusion),By Mechanism (Hydraulics, Electrical), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Aircraft Thrust Reverser Market Size By Aircraft (Commercial [Narrow-body, Widebody], Regional, Business, Military), By Product (Cascade, Pivot, Bucket), By Manufacturing Process (Hand Layup, ATL/AFP, Resin Infusion),By Mechanism (Hydraulics, Electrical), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Aircraft Thrust Reverser Market Size
Aircraft Thrust Reverser Market size valued at USD 2.3 billion in 2019 and is projected to exhibit over 2.5% CAGR from 2020 to 2026.
Aircraft thrust reverser is a part of engine nacelle systems, which are fitted at the exhaust, to efficiently reverse the flow of gases to achieve deceleration. Modern aircrafts are installed with thrust reverser due to growing airliners focus on providing safety to its passengers. These trends are likely to drive the aircraft thrust reverser market revenue. Another key market growth enabling factors are increasing air travel and use of narrow-body aircrafts across Asia Pacific region.
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Although the market is gaining significant attention, the challenges associated with its high installation & maintenance cost will slow down the industry growth. Additionally, aircraft industry is also facing stringent challenges from ongoing COVID-19 pandemic. Major aircraft manufacturers have shut down their facilities in the U.S., which is likely to affect the market growth. Also, the pricing of aircraft thrust reverser will affect adversely between 2020 and 2021 owing to sharp decline in the production rate and deliveries of aircraft.
| Report Attribute | Details |
|---|---|
| Base Year | 2019 |
| Aircraft Thrust Reverser Market Size in 2019 | 2.30 Billion (USD) |
| Forecast Period | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR | 2.6% |
| 2026 Value Projection | 2.26 Billion (USD) |
| Historical Data for | 2016 to 2019 |
| No. of Pages | 175 |
| Tables, Charts & Figures | 272 |
| Segments covered | Aircraft, Product, Manufacturing Process, Mechanism, Region |
| Growth Drivers |
|
| Pitfalls & Challenges |
|
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Increasing airworthiness of commercial aircrafts will drive the aircraft thrust reverser market demand
Narrow-body aircraft segment is anticipated to generate more than USD 1 billion revenue by 2026. Aircraft manufacturers are entering into strategic agreements to design and develop thrust reverser for single-aisle aircraft that is boosting the segment share. Moreover, increasing short to medium haul air travel demand across the globe will drive deliveries of narrow-body aircraft, which will further increase penetration of thrust reversers in aerospace sector.
Aircraft Thrust Reverser Market Analysis
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Cascade reverser will account for more than 70% revenue share of the global market through 2026. This dominance can be credited to its features such as enhanced aerodynamic performance and improved aesthetics. Rising production of commercial aircraft is likely to stipulate this product’s demand.
Hand layup manufacturing process is expected to hold substantial aircraft thrust reverser market share in the coming years. This is attributed to its cost effectiveness and error-free operation. Increased flexibility in design and higher fiber content in the hand layup process is further boosting its popularity among the aircraft thrust reverser manufacturers.
Hydraulics segment is poised to dominate the market share during the forecast period. This dominance can be credited to its low installation cost. This mechanism also results into enhanced accuracy during flight takeoff and landings, positively influencing the market revenue.
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North America is predicted to hold a significant share of the global aircraft thrust reverser market due to increasing aircraft deliveries from the region. The region accounts for substantial share of aircraft production across the world. Furthermore, the presence of large number of aircraft manufacturers is propelling the market growth in the region.
Aircraft Thrust Reverser Market Share
Major players in the market are
- Bombardier
- Safran
- UTC Aerospace System
- The Nordam Group
- GKN Aerospace
These players enter long term supply contracts with key aircraft manufacturers for supplying various parts and components including thrust reversers, engine nacelles, etc.
The industry will witness intense competition owing to adoption of aggressive strategies including new product developments, mergers & acquisitions, and portfolio diversification by competitors to gain visibility in the market.
The aircraft thrust reverser market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in units and revenue in USD million from 2016 to 2026, for the following segments
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Market by Aircraft
- Commercial
- Narrow-body
- Wide-body
- Regional
- Business
- Military
Market by Product
- Cascade
- Pivot
- Bucket
Market by Manufacturing Process
- Hand layup
- ATL/AFP
- Resin infusion
- Others
Market by Mechanism
- Hydraulics
- Electrical
The above information is provided on a regional and country basis for the following
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- UAE
Table of Content
Report Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical model & forecast
1.1.3. Industry insights & validation
1.1.4. Scope, definitions, & forecast parameters
1.1.4.1. Definitions
1.1.4.2. Forecast parameters & considerations
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
1.2.2.1. Paid sources
1.2.2.2. Public sources
Chapter 2. Executive Summary
2.1. Aircraft thrust reverser industry 360° synopsis, 2016 - 2026
2.1.1. Business trends
2.1.2. Aircraft trends
2.1.3. Product trends
2.1.4. Manufacturing process trends
2.1.5. Mechanism trends
2.1.6. Regional trends
Chapter 3. Aircraft Thrust Reverser Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2016 – 2026
3.2.1. Impact of COVID-19 on industry landscape
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.4.1. OEM
3.3.4.2. Aftermarket
3.3.4.3. End-users
3.3.5. COVID-19 based value chain disruption analysis
3.3.6. Vendor matrix
3.4. Maintenance, repair & overhaul (MRO) trends of aircraft thrust reversers
3.5. Pricing analysis (including COVID-19)
3.5.1. Regional pricing
3.5.2. Cost structure analysis, 2019
3.6. Technology landscape
3.6.1. Electric Thrust Reverser Actuation System (E-TRAS)
3.7. Regulatory landscape
3.7.1. North America
3.7.2. Europe
3.7.3. Asia Pacific (APAC)
3.7.4. Latin America (LATAM)
3.7.5. Middle East & Africa (MEA)
3.8. Industry impact forces
3.8.1. Growth drivers for North America
3.8.1.1. Presence of large number of aircraft manufacturers
3.8.2. Growth drivers for Europe
3.8.2.1. Government initiatives for developing efficient production technologies
3.8.3. Growth drivers for Asia Pacific
3.8.3.1. Increasing aircraft deliveries and new orders
3.8.4. Growth drivers for Latin America
3.8.4.1. Development of low-cost carriers
3.8.5. Growth drivers for Middle East & Africa
3.8.5.1. Increasing prominence of fleet upgradation and proliferating business jet demand
3.8.6. Industry pitfalls & challenges
3.8.6.1. High installation and maintenance cost
3.9. Innovation & sustainability
3.10. Aircraft & spacecraft exports, by region
3.11. Aircraft backlogs, by region
3.12. Growth potential analysis, 2019
3.13. Porter’s analysis
3.14. Competitive landscape
3.14.1. Company market share, 2019
3.14.2. Key stakeholders
3.14.3. Strategy dashboard
3.15. PESTLE analysis
3.16. Impact of COVID-19 on global aerospace industry
Chapter 4. Aircraft Thrust Reverser Market, By Aircraft
4.1. Global aircraft thrust reverser market aircraft insights
4.2. Commercial
4.2.1. Global market estimates and forecasts, 2016 - 2026
4.2.2. Market estimates and forecast, by region, 2016 - 2026
4.2.3. Narrow-body
4.2.3.1. Global market estimates and forecasts, 2016 - 2026
4.2.3.2. Market estimates and forecast, by region, 2016 - 2026
4.2.4. Widebody
4.2.4.1. Global market estimates and forecasts, 2016 - 2026
4.2.4.2. Market estimates and forecast, by region, 2016 - 2026
4.3. Regional jets
4.3.1. Global market estimates and forecasts, 2016 - 2026
4.3.2. Market estimates and forecast, by region, 2016 – 2026
4.4. Business jets
4.4.1. Global market estimates and forecasts, 2016 - 2026
4.4.2. Market estimates and forecast, by region, 2016 – 2026
4.5. Military
4.5.1. Global market estimates and forecasts, 2016 - 2026
4.5.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 5. Aircraft Thrust Reverser Market, By Product
5.1. Global aircraft thrust reverser market product insights
5.2. Cascade
5.2.1. Global market estimates and forecasts, 2016 - 2026
5.2.2. Market estimates and forecast, by region, 2016 - 2026
5.3. Pivot
5.3.1. Global market estimates and forecasts, 2016 - 2026
5.3.2. Market estimates and forecast, by region, 2016 - 2026
5.4. Bucket
5.4.1. Global market estimates and forecasts, 2016 - 2026
5.4.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 6. Aircraft Thrust Reverser Market, By Manufacturing Process
6.1. Global aircraft thrust reverser market manufacturing process insights
6.2. Hand Layup
6.2.1. Global market estimates and forecasts, 2016 - 2026
6.2.2. Market estimates and forecast, by region, 2016 - 2026
6.3. ATL/AFP
6.3.1. Global market estimates and forecasts, 2016 - 2026
6.3.2. Market estimates and forecast, by region, 2016 - 2026
6.4. Resin infusion
6.4.1. Global market estimates and forecasts, 2016 - 2026
6.4.2. Market estimates and forecast, by region, 2016 - 2026
6.5. Others
6.5.1. Global market estimates and forecasts, 2016 - 2026
6.5.2. Market estimates and forecast, by region, 2016 – 2026
Chapter 7. Aircraft Thrust Reverser Market, By Mechanism
7.1. Global aircraft thrust reverser market mechanism insights
7.2. Hydraulic
7.2.1. Global market estimates and forecasts, 2016 - 2026
7.2.2. Market estimates and forecast, by region, 2016 - 2026
7.3. Electric
7.3.1. Global market estimates and forecasts, 2016 - 2026
7.3.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 8. Aircraft Thrust Reverser Market, By Region
8.1. Global aircraft thrust reverser market regional insights
8.2. North America
8.2.1. Market estimates and forecast, 2016 - 2026
8.2.2. Market estimates and forecast by aircraft, 2016 – 2026
8.2.3. Market estimates and forecast by product, 2016 – 2026
8.2.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.2.5. Market estimates and forecast by mechanism, 2016 – 2026
8.2.6. U.S.
8.2.6.1. Market estimates and forecast, 2016 - 2026
8.2.6.2. Market estimates and forecast by aircraft, 2016 – 2026
8.2.6.3. Market estimates and forecast by product, 2016 – 2026
8.2.6.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.2.6.5. Market estimates and forecast by mechanism, 2016 – 2026
8.2.7. Canada
8.2.7.1. Market estimates and forecast, 2016 - 2026
8.2.7.2. Market estimates and forecast by aircraft, 2016 – 2026
8.2.7.3. Market estimates and forecast by product, 2016 – 2026
8.2.7.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.2.7.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3. Europe
8.3.1. Market estimates and forecast, 2016 - 2026
8.3.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.3. Market estimates and forecast by product, 2016 – 2026
8.3.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3.6. Germany
8.3.6.1. Market estimates and forecast, 2016 - 2026
8.3.6.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.6.3. Market estimates and forecast by product, 2016 – 2026
8.3.6.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.6.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3.7. UK
8.3.7.1. Market estimates and forecast, 2016 - 2026
8.3.7.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.7.3. Market estimates and forecast by product, 2016 – 2026
8.3.7.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.7.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3.8. France
8.3.8.1. Market estimates and forecast, 2016 - 2026
8.3.8.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.8.3. Market estimates and forecast by product, 2016 – 2026
8.3.8.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.8.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3.9. Italy
8.3.9.1. Market estimates and forecast, 2016 - 2026
8.3.9.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.9.3. Market estimates and forecast by product, 2016 – 2026
8.3.9.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.9.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3.10. Spain
8.3.10.1. Market estimates and forecast, 2016 - 2026
8.3.10.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.10.3. Market estimates and forecast by product, 2016 – 2026
8.3.10.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.10.5. Market estimates and forecast by mechanism, 2016 – 2026
8.3.11. Russia
8.3.11.1. Market estimates and forecast, 2016 - 2026
8.3.11.2. Market estimates and forecast by aircraft, 2016 – 2026
8.3.11.3. Market estimates and forecast by product, 2016 – 2026
8.3.11.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.3.11.5. Market estimates and forecast by mechanism, 2016 – 2026
8.4. Asia Pacific
8.4.1. Market estimates and forecast, 2016 - 2026
8.4.2. Market estimates and forecast by aircraft, 2016 – 2026
8.4.3. Market estimates and forecast by product, 2016 – 2026
8.4.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.4.5. Market estimates and forecast by mechanism, 2016 – 2026
8.4.6. China
8.4.6.1. Market estimates and forecast, 2016 - 2026
8.4.6.2. Market estimates and forecast by aircraft, 2016 – 2026
8.4.6.3. Market estimates and forecast by product, 2016 – 2026
8.4.6.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.4.6.5. Market estimates and forecast by mechanism, 2016 – 2026
8.4.7. India
8.4.7.1. Market estimates and forecast, 2016 - 2026
8.4.7.2. Market estimates and forecast by aircraft, 2016 – 2026
8.4.7.3. Market estimates and forecast by product, 2016 – 2026
8.4.7.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.4.7.5. Market estimates and forecast by mechanism, 2016 – 2026
8.4.8. Japan
8.4.8.1. Market estimates and forecast, 2016 - 2026
8.4.8.2. Market estimates and forecast by aircraft, 2016 – 2026
8.4.8.3. Market estimates and forecast by product, 2016 – 2026
8.4.8.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.4.8.5. Market estimates and forecast by mechanism, 2016 – 2026
8.4.9. South Korea
8.4.9.1. Market estimates and forecast, 2016 - 2026
8.4.9.2. Market estimates and forecast by aircraft, 2016 – 2026
8.4.9.3. Market estimates and forecast by product, 2016 – 2026
8.4.9.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.4.9.5. Market estimates and forecast by mechanism, 2016 – 2026
8.5. Latin America
8.5.1. Market estimates and forecast, 2016 - 2026
8.5.2. Market estimates and forecast by aircraft, 2016 – 2026
8.5.3. Market estimates and forecast by product, 2016 – 2026
8.5.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.5.5. Market estimates and forecast by mechanism, 2016 – 2026
8.5.6. Brazil
8.5.6.1. Market estimates and forecast, 2016 - 2026
8.5.6.2. Market estimates and forecast by aircraft, 2016 – 2026
8.5.6.3. Market estimates and forecast by product, 2016 – 2026
8.5.6.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.5.6.5. Market estimates and forecast by mechanism, 2016 – 2026
8.5.7. Mexico
8.5.7.1. Market estimates and forecast, 2016 - 2026
8.5.7.2. Market estimates and forecast by aircraft, 2016 – 2026
8.5.7.3. Market estimates and forecast by product, 2016 – 2026
8.5.7.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.5.7.5. Market estimates and forecast by mechanism, 2016 – 2026
8.6. Middle East & Africa
8.6.1. Market estimates and forecast, 2016 - 2026
8.6.2. Market estimates and forecast by aircraft, 2016 – 2026
8.6.3. Market estimates and forecast by product, 2016 – 2026
8.6.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.6.5. Market estimates and forecast by mechanism, 2016 – 2026
8.6.6. Saudi Arabia
8.6.6.1. Market estimates and forecast, 2016 - 2026
8.6.6.2. Market estimates and forecast by aircraft, 2016 – 2026
8.6.6.3. Market estimates and forecast by product, 2016 – 2026
8.6.6.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.6.6.5. Market estimates and forecast by mechanism, 2016 – 2026
8.6.7. UAE
8.6.7.1. Market estimates and forecast, 2016 - 2026
8.6.7.2. Market estimates and forecast by aircraft, 2016 – 2026
8.6.7.3. Market estimates and forecast by product, 2016 – 2026
8.6.7.4. Market estimates and forecast by manufacturing process, 2016 – 2026
8.6.7.5. Market estimates and forecast by mechanism, 2016 – 2026
Chapter 9. Company Profiles
9.1. Bombardier
9.1.1. Business Overview
9.1.2. Financial Data
9.1.3. Product Landscape
9.1.4. Strategic Outlook
9.1.5. SWOT Analysis
9.2. Composites Technology Research Malaysia Sdn. Bhd (CTRM)
9.2.1. Business Overview
9.2.2. Financial Data
9.2.3. Product Landscape
9.2.4. Strategic Outlook
9.2.5. SWOT Analysis
9.3. FACC AG
9.3.1. Business Overview
9.3.2. Financial Data
9.3.3. Product Landscape
9.3.4. Strategic Outlook
9.3.5. SWOT Analysis
9.4. GKN Aerospace Services Limited
9.4.1. Business Overview
9.4.2. Financial Data
9.4.3. Product Landscape
9.4.4. Strategic Outlook
9.4.5. SWOT Analysis
9.5. Leonardo S.p.A.
9.5.1. Business Overview
9.5.2. Financial Data
9.5.3. Product Landscape
9.5.4. Strategic Outlook
9.5.5. SWOT Analysis
9.6. Safran
9.6.1. Business Overview
9.6.2. Financial Data
9.6.3. Product Landscape
9.6.4. Strategic Outlook
9.6.5. SWOT Analysis
9.7. Spirit AeroSystems
9.7.1. Business Overview
9.7.2. Financial Data
9.7.3. Product Landscape
9.7.4. Strategic Outlook
9.7.5. SWOT Analysis
9.8. The NORDAM Group, Inc.
9.8.1. Business Overview
9.8.2. Financial Data
9.8.3. Product Landscape
9.8.4. Strategic Outlook
9.8.5. SWOT Analysis
9.9. Triumph Group, Inc.
9.9.1. Business Overview
9.9.2. Financial Data
9.9.3. Product Landscape
9.9.4. Strategic Outlook
9.9.5. SWOT Analysis
9.10. UTC Aerospace Systems
9.10.1. Business Overview
9.10.2. Financial Data
9.10.3. Product Landscape
9.10.4. Strategic Outlook
9.10.5. SWOT Analysis