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$987 Mn Aircraft Exhaust System Market - Global Forecast to 2023

Dublin, Oct. 22, 2018 (GLOBE NEWSWIRE) -- The "Aircraft Exhaust System Market by End User (OEM, MRO), System (Engine Exhaust System, APU Exhaust System), Component (Exhaust Cone, Exhaust Pipe, Exhaust Nozzle, APU Exhaust Liner), Aviation Type, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The aircraft exhaust system market is projected to grow from an estimated USD 679.0 million in 2018 to USD 987.4 million by 2023, at a CAGR of 7.78% from 2018 to 2023.

Increasing number of aircraft deliveries due to increasing passenger traffic, especially in emerging economies, is the key factor driving the growth of the aircraft exhaust system market. The major restraint impacting the market is the backlog in existing aircraft deliveries.

Based on component, the exhaust nozzle segment is estimated to be the largest in 2018. Exhaust nozzle remains the dominant component in terms of functionality and is the biggest contributor in terms of the price of components used for manufacturing aircraft exhaust systems. Thus, due to the increasing demand for new aircraft deliveries globally, the exhaust nozzle segment is projected to lead the aircraft exhaust system market during the forecast period.

Based on system, the engine exhaust system segment is estimated to be the fastest-growing during the forecast period 2018-2023. Exhaust systems remain the dominant system in terms of functionality and periodically go through extreme repeated cycles of stress and strain due to being located at the rear end of the aircraft engine. Due to this, these systems often undergo repairs and sometimes replacement. Owing to the increasing demand for new aircraft deliveries globally and maintenance & repair activities for existing aircraft fleets, engine exhaust system segment is projected to register the highest CAGR.

The Asia Pacific aircraft exhaust system market is projected to grow at the highest CAGR during the forecast period, owing to the high demand for aircraft in the region. Commercial airlines in the region are procuring aircraft in large numbers to meet the surging demand for air travel within and outside the region. Moreover, major countries, such as China, India, Japan, and South Korea, are investing substantially in procuring commercial airliners, hence leading to the increasing demand for aircraft exhaust systems in the region.

The major players profiled in this report on the aircraft exhaust system market are Magellan Aerospace (Canada), Triumph Group (US), Ducommun (US), Nexcelle (US), Esterline Technologies (US), Nordam (US), Franke Industries (US), Senior Aerospace (UK) and GKN (UK), among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Aircraft Exhaust System Market From 2018 to 2023
4.2 Aircraft Exhaust System Market, By System
4.3 Aircraft Exhaust System Market, By End User
4.4 Aircraft Exhaust System Market, By Aviation Type
4.5 Aircraft Exhaust System Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Number of Aircraft Deliveries
5.2.1.2 Growing Adoption of UAVS in Military & Commercial Applications
5.2.2 Opportunities
5.2.2.1 Reduction in Composite Material Costs
5.2.2.2 Adoption of Advanced Technology for Aircraft Exhaust System
5.2.3 Challenges
5.2.3.1 Complexity in Design Leading to Maintenance Difficulties
5.2.3.2 Failure of Exhaust System Components

6 Industry Trends
6.1 Introduction
6.2 Emerging Trends
6.2.1 Additive Manufacturing (3D Printing) for Gas Turbine & Exhaust Components
6.2.2 Low Drag & Less Sound Nacelle Systems for Future Aircraft
6.2.3 Robotics for Smart Welding in Aircraft Exhaust Systems
6.2.4 Acoustically Treated Nozzles
6.2.5 Innovations & Patent Registrations

7 Aircraft Exhaust System Market, By End User
7.1 Introduction
7.2 OEM
7.3 MRO

8 Aircraft Exhaust System Market, By Component
8.1 Introduction
8.2 Exhaust Cone
8.3 Exhaust Pipe
8.4 Exhaust Nozzle
8.5 APU Exhaust Liner
8.6 APU Exhaust Tube
8.7 Turbocharger
8.8 Others

9 Aircraft Exhaust System Market, By Aviation Type
9.1 Introduction
9.2 Commercial Aviation
9.3 General Aviation
9.4 Business Aviation
9.5 Military Aviation

10 Aircraft Exhaust System Market, By System
10.1 Introduction
10.2 Engine Exhaust System
10.2.1 Turbofan
10.2.2 Turboprop
10.2.3 Turboshaft
10.2.4 Reciprocating (Piston-Based)
10.3 APU Exhaust System

11 Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.3 Europe
11.3.1 France
11.3.2 Russia
11.3.3 Germany
11.3.4 Italy
11.3.5 Switzerland
11.3.6 UK
11.3.7 Austria
11.3.8 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 New Zealand
11.4.5 Rest of Asia Pacific
11.5 Rest of the World
11.5.1 Latin America
11.5.2 Middle East
11.5.3 Africa

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis
12.3 Competitive Scenario
12.3.1 Agreements and Joint Ventures

13 Company Profiles
13.1 GKN Aerospace
13.2 Magellan Aerospace
13.3 Triumph Group
13.4 Ducommun
13.5 Nordam
13.6 Nexcelle
13.7 Orbital ATK
13.8 Esterline Technologies
13.9 Franke Industrie
13.10 Senior Aerospace
13.11 Doncasters
13.12 Hellenic Aerospace Industry
13.13 Sky Dynamics Corporation
13.14 Industria De Turbo Propulsores
13.15 Exotic Metals

For more information about this report visit https://www.researchandmarkets.com/research/2n8cl3/987_mn_aircraft?w=12

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                    Related Topics: Exhaust Systems and Components , Aircraft
                    

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