Aircraft Engine Blade Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Aircraft Type (Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft), By Blade Type (Compressor Blades, Turbine Blades, Fan Blades), By Material (Titanium, Nickel Alloy, Composites, others), By End Use (OEM, Aftermarket), By Region, Competition
Published Date: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAircraft Engine Blade Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Aircraft Type (Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft), By Blade Type (Compressor Blades, Turbine Blades, Fan Blades), By Material (Titanium, Nickel Alloy, Composites, others), By End Use (OEM, Aftermarket), By Region, Competition
Global Aircraft Engine blades Market consists of vanes and valves which are used in Air crafts. These vanes and valves can provide a smooth gas flow by directing and compressing the air inside the engine.
The demand for engines and other aviation-related components has grown significantly. AAs a result of this expansion, engine manufacturers are now required to produce a larger number of engines annually. Due to the increased demand caused by this reason, the market for engine blades is expanding much faster. Due to this rise in demand, businesses are adopting technologies that can reduce the overall weight and emissions of the engines to get potential customer and increase their market share. This is driving investments towards research and development in this sector. The new aircraft engines that feature considerable technological innovations are expected to make a major part of new deliveries in developing region. The entry of new aircraft programs is propelling the development of newer aircraft engine models that are developed specifically for the new aircraft. The component and part manufacturers are expanding their production facilities, along with adopting the latest technologies, primarily to boost their production capacities.
The COVID-19 epidemic and containment efforts are resulting in a sharp decline in the demand for passenger air travel, endangering the survival of numerous businesses in the air transport sector and the rest of the aviation industry. The Covid pandemic has had a significant impact on international aircraft suppliers. As a result, restrictions have prevented the industry's recent continuous expansion. The significant increase in spending on the military sector may aid the industry's recovery which helps recover aircraft engine blade market.
Increasing Sales of new Aircraft and periodic replacement
On average more than 1,800 commercial aircraft were delivered to several airline operators worldwide, out of which around 40% were reportedly delivered in the Asia-Pacific region.
Innovation in Material Technology
The machine is the major complex part of the aircraft and consists of numerous individual factors of varying complexity. Even the simplest element design and material changes have been proven to lead to significant advancements in overall engine performance. The engines reaching 2100°C (3800°F) temperature has increased the demand for new material system. As a result, high-temperature superalloys (HRSA), including some non-metallic mixes similar as titanium blends, nickel blends, and pottery, have been considered in engine blade manufacturing. In addition, increasing demand for lightweight, high temperature resistant parts for engine and critical factors that contribute to energy effectiveness. These developments are anticipated to propel the growth of aircraft engine blade market in coming year.
Complex Designs Restrict the Manufacturing
Over the course of that time, a lot of progress was made in the industry of aircraft engines. However, these advancements have brought the technology closer to its limit in terms of reliability. Under the competition, engine manufacturers are compelled to produce lighter engines with improved performance as airlines and aircraft OEMs increase their demands for thrust and efficiency. To reduce carbon emissions, engine manufacturers are developing more effective propulsion systems. Although, numerous glitches have forced many airlines to ground aircraft.
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Market Segmentation
Company Profiles
General Electric Company, CFM International, United Technologies Corporation, Rolls-Royce Holdings PLC, MTU Aero Engine, Albany International Corporation, Collins Aerospace, Arconic Inc., Pratt & Whiteny, GKN Aerospace are the key players developing advanced technologies to stay competitive in the market enhancing their product portfolio in the regions to increase their customer outreach.
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Attribute |
Details |
|
Base Year |
2022 |
|
Historical Years |
2018 – 2022 |
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Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Billion, Volume in Units, and CAGR for 2018-2022
and 2023-2028 |
|
Report Coverage |
Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends |
|
Segments Covered |
·
By Aircraft Type ·
By Blade
Type ·
By Material ·
By End Use ·
Region |
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Regional Scope |
Asia-Pacific, North America, Europe, Middle East & Africa,
South America |
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Country Scope |
United States, Canada, Mexico, United Kingdom, Germany, France,
Italy, Spain, Russia, Poland, Netherland, Norway, China, Japan, South Korea,
India, Malaysia, Indonesia, Thailand, South Africa, Saudi Arabia, United Arab
Emirates, Argentina, Brazil, Colombia. |
|
Key Companies Profiled |
General
Electric Company, CFM International, United Technologies Corporation,
Rolls-Royce Holdings PLC, MTU Aero Engine, Albany International Corporation,
Collins Aerospace, Arconic Inc., Pratt & Whiteny, GKN Aerospace. |
|
Customization Scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request) |
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