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Aeroengine Accessory Drive Train Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Development Potential, Technological Trends, Competitive Market Share & Forecast, 2024-2032


Published on: 2024-07-07 | No of Pages : 240 | Industry : Aerospace

Publisher : MRA | Format : PDF&Excel

Aeroengine Accessory Drive Train Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Development Potential, Technological Trends, Competitive Market Share & Forecast, 2024-2032

Aeroengine Accessory Drive Train Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Development Potential, Technological Trends, Competitive Market Share & Forecast, 2024-2032

Aeroengine Accessory Drive Train Market Size

Aeroengine Accessory Drive Train Market is projected to experience a healthy growth during 2024 to 2032, propelled by the growing interest of aircraft operators towards weight reduction and an increase in power transmission capacity.  Additionally, rising demand for modern commercial aircrafts and transmission systems for robust performance would further drive the product demand.

However, the availability of substitutes might challenge the overall business growth over the foreseeable future. Nevertheless, ongoing tech innovations in the space industry, including reduction in device weight and gradual usage of advanced intelligent materials, would open lucrative growth opportunities for the market players. 

For instance, in January 2023, Leonardo and Safran Helicopter Engines announced collaboration to enhance the capabilities and competitiveness of the next-generation AW09 single-engine helicopter. This aircraft will feature the 1,000 shp (shaft horsepower) class of power Arriel 2K engine, the latest generation of the Arriel family.

Aeroengine Accessory Drive Train Market Trends

There is a growing focus on incorporating advanced technologies, such as additive manufacturing and predictive maintenance systems, to improve the performance, reliability, and lifespan of accessory drive train systems. With the rise of electric propulsion systems in aviation, there is a shift towards developing solutions that are compatible with hybrid and electric aircraft architectures, driving innovation in motor and power transmission technologies. In addition, the growing emphasis on sustainability and environmental stewardship is leading to the development of eco-friendly lubricants and energy-efficient accessory drive train designs, shaping the overall market outlook.

Aeroengine Accessory Drive Train Market Analysis 

Based on the component, the accessory gearbox segment is poised to grow considerably through 2032, driven by stringent regulatory requirements and operational demands. It facilitates the operation of various auxiliary systems essential for aircraft operation, such as hydraulic pumps, oil pumps, generators, and air conditioning compressors. The advancements in accessory gearbox design have led to improved reliability, reduced maintenance costs, and enhanced overall aircraft safety. 

The military aircraft segment is slated to amass notable gains over the forecast period, owing to the ongoing military and defense activities worldwide. The increasing capital investments by various central governments to strengthen military and defense resources would add to the increasing product demand.

The turbojet segment will generate notable revenues for the market by 2032, as they are widely utilized in various aircraft applications, including commercial airliners, military jets, and business aircraft, due to their high thrust-to-weight ratio and efficiency. As turbojet engines power aircraft through the propulsion of exhaust gases, they rely on a sophisticated accessory drive train system to operate ancillary components such as fuel pumps, hydraulic pumps, electrical generators, and cooling systems.

North America aeroengine accessory drive train market is predicted to experience significant growth through 2032, attributed to the presence of large- and small-sized aircraft OEMs, ADT manufacturers, aero-engine producers, component manufacturers, and airline companies. The growing establishment of different aero-engine and aircraft manufacturing plants in U.S will further bolster the regional industry growth.

Aeroengine Accessory Drive Train Market Share

Some eminent players in the global aeroengine accessory drive train industry are

  • Collins Aerospace (Raytheon Technologies, United Technologies Corporation)
  • Pratt & Whitney (Raytheon Technologies, United Technologies Corporation)
  • Safran Transmission Systems SA
  • Triumph Group Inc

These leaders are taking up essential expansion tactics to consolidate their position in the overall market.

Aeroengine Accessory Drive Train Industry News 

  • In February 2022, Pratt & Whitney Canada (P&WC), a business unit of Pratt & Whitney, announced the addition of a new lease-to-own option to its growing portfolio of Spare Engine Solutions. The portfolio also includes flexible options such as long-term leasing and on-wing leasing, complementing its existing short-term rentals offering to customers looking to focus on their spending, better plan their monthly expenses, reduce costs, and extend aircraft life.

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.

Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts major segments covering applications, top products and geographies.

Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

 

Table of Content

  • Collins Aerospace (Raytheon Technologies, United Technologies Corporation)
  • Pratt & Whitney (Raytheon Technologies, United Technologies Corporation)
  • Safran Transmission Systems SA
  • Triumph Group Inc

Table of Content

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Will be Available in the sample /Final Report. Please ask our sales Team.