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Global Aircraft Engine Nacelle Market

Aircraft Engine Nacelle Market Size, Share & Segmentation by Application (Civil Jet Aircraft, Business Jet Aircraft, Private Jet Aircraft and Others), by Type (Rear Mounted Nacelle, Pylons Under Wing, Clipped at Wing and Others), by Material (Composites, Titanium Alloys, Nickel Chromium, Stainless Steel and Aluminum Alloys), by Regions and Global Forecast 2023-2030

Report Id: SNS/A&D/2408 | July 2022 | Region: Global | 129 Pages

Report Scope & Overview:

Aircraft Engine Nacelle Market Size was valued  at a CAGR of  9% over the forecast period 2023-2030. Composites, titanium alloys, nickel-chromium, stainless steel, and aluminium alloys are used to make aircraft engine nacelles. There are various forms of aircraft engine nacelles, including rear-mounted nacelles, pylons beneath the wing, and clipped at the wing. Aircraft engine nacelles are used in civil, business, and private jet aircraft, as well as military aircraft.

The Global Aircraft Engine Nacelle Market is expanding rapidly as a result of increased air passenger traffic and the resulting demand for new aircraft, growing demand for fuel-efficient and noise-reducing nacelles, as well as a decrease in composite material costs . However, backlogs in aircraft deliveries are likely to stymie industry development during the projection period.

With the increased need for new aircraft, there has been a huge increase in demand for aircraft engine nacelles. A nacelle is an important part of an aircraft. It is used to house an aircraft engine, gasoline, and numerous aircraft engine systems. As a result, increased air passenger traffic and associated demand for new aircraft are likely to drive the worldwide aircraft engine nacelle market throughout the forecast period.

Market dynamics:

Key drivers:

  • Demand for fuel-efficient and noise-reducing nacelles has increased.

  • Cost reduction of composite materials

Restraints:

  • Aircraft deliveries with backlogs

  • Impact analysis of restrictions

Opportunities:

  • Lightweight aircraft nacelle development

  • Opportunities for growth in emerging markets

Challenges:

  • Difficulty in repairing and detecting damages in composite material nacelles

THE IMPACT OF COVID-19

The aircraft nacelle systems market experienced a major reduction in 2020 as a result of the COVID-19 pandemic, since overall aircraft deliveries decreased significantly from the previous year. Aviation manufacturers reduced their production rates in 2020 and 2021, hampered the aircraft nacelle systems market. However, with the global distribution of vaccines, aviation passenger traffic is predicted to rebound to pre-COVID levels by 2023, resulting in increased aircraft deliveries in the second half of the forecast period.

Growing demand for business jets and military aircraft will drive development in the aircraft nacelle systems market during the first half of the forecast period, as both of these sectors have been less affected by the COVID pandemic.

Increased need for aircraft nacelles for fire protection and improved safety for various material types of aircrafts such as regional jets, mainline commercial jets, and business jets are expected to drive the worldwide aircraft nacelle market during the forecast period. Furthermore, the market is predicted to develop due to the benefits of its functions, which include deicing and the management of internal and exterior temperature variations, protection from fire and lightning, and the beautiful appeal of the aircrafts. However, it is difficult to repair and remould aircraft nacelle parts in airline engines, which limits the global aircraft nacelle market's growth.

Increased demand for aeroplane nacelles in developing countries is likely to provide a profitable growth potential for this market. The market is classified into composites, stainless steel, aluminium alloys, titanium alloys, and nickel chromium. The engine material type is classified as gas turbine, turboprop, or turbofan. It is grouped into three types based on its application: regional jets, business jets, and commercial aircrafts. It is divided into four regions Asia-Pacific, Europe,  and Latin America, North America, and the Caribbean.

MARKET PLAYER

The Nordam Group LLC., MSM aerospace fabricators, Triumph Group, Collins Aerospace, Leonardo S.p.A., Bombardier MRO, ACT Aerospace, Middle River Aerostructure Systems, GE Aviation, Safran, and other players.

MARKET SEGMENTS:

by Application:

  • Civil Jet Aircraft

  • Business Jet Aircraft

  • Private Jet Aircraft

  • Others

by Type:

  • Rear Mounted Nacelle

  • Pylons Under Wing

  • Clipped at Wing

  • Others

by Material:

  • Composites

  • Titanium Alloys

  • Nickel Chromium

  • Stainless Steel

  • Aluminum Alloys

Aircraft Engine Nacelle Market Segment Chart

REGIONAL ANALYSIS

North America, Latin America,  Europe, Asia Pacific,and the Middle East and Africa are all represented. The market in North America is expected to expand the most over the projected period, owing to rising demand for new aircraft, ongoing replacement of ageing fleet, and the strong presence of key companies in the region. However, the Asia Pacific market is expected to grow at the fastest rate throughout the forecast period, owing to rising demand for fuel-efficient nacelles and the region's rapid modernization of the aviation industry. Furthermore, fast industrialization and increased aircraft expenditure in China and India are expected to fuel market growth in the future.

 in 2022, China's industrial production will have increased by over 14 percent year on year. The rate of growth grew by more than 7% over the previous month.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Aircraft Engine Nacelle Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ xx Billion
Market Size by 2030 US$ xx Billion
CAGR CAGR of 9% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Civil Jet Aircraft, Business Jet Aircraft, Private Jet Aircraft and Others)
• By Type (Rear Mounted Nacelle, Pylons Under Wing, Clipped at Wing and Others)
• By Material (Composites, Titanium Alloys, Nickel Chromium, Stainless Steel and Aluminum Alloys)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles The Nordam Group LLC., MSM aerospace fabricators, Triumph Group, Collins Aerospace, Leonardo S.p.A., Bombardier MRO, ACT Aerospace, Middle River Aerostructure Systems, GE Aviation, Safran, and other players.
DRIVERS • Demand for fuel-efficient and noise-reducing nacelles has increased.
• Cost reduction of composite materials
RESTRAINTS • Aircraft deliveries with backlogs
• Impact analysis of restrictions


Frequently Asked Questions (FAQ) :

Over the forecast period 2022-2028, Aircraft Engine Nacelle Market at a CAGR of  9 percent.

Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product. 

North America, Asia-Pacific, The Middle East & Africa, Latin America,Europe are the major five region covered in this report.

Yes, the complete report mention market key player wise report.

DEMAND FOR FUEL-EFFICIENT AND NOISE-REDUCING NACELLES HAS INCREASED and COST REDUCTION OF COMPOSITE MATERIALS


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Aircraft Engine Nacelle Market, by Application

8.1 Civil Jet Aircraft

8.2 Business Jet Aircraft

8.3 Private Jet Aircraft

8.4 Others

 

9.Aircraft Engine Nacelle Market, by Type

9.1 Rear Mounted Nacelle

9.2 Pylons Under Wing

9.3 Clipped at Wing

9.4 Others

 

10.Aircraft Engine Nacelle Market, by Material

10.1 Composites

10.2 Titanium Alloys

10.3 Nickel Chromium

10.4 Stainless Steel

10.5 Aluminum Alloys

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12.Company Profiles

12.1 The Nordam Group LLC.

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 MSM aerospace fabricators

12.3 Triumph Group

12.4 Collins Aerospace

12.5 Leonardo S.p.A.

12.6 Bombardier MRO

12.7 ACT Aerospace

12.8 Middle River Aerostructure Systems

12.9 GE Aviation

12.10 Safran

 

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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