Aero Engine Composite Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

Aero engine manufacturers have replaced the use of metal with composites to mitigate the weight increase of the engines. Throughout the 1980s and 1990s, the application of composites in aircraft engines was comparatively limited. More than half of the total composite volume was directly associated with nacelle components, such as thrust reversers, cascades, acoustic liners, radial drive fairings, blocker doors, and cowlings. The need for reducing the total weight of an aircraft and improving aircraft's operability in a wide range of operating environments has boosted the demand for the aero engine composite market.

MARKET DYNAMICS

The increasing production rate of composite rich fighter aircraft is driving the growth of the aero engine composite market. However, the high capital investment may restrain the growth of the aero engine composite market. Furthermore, the use of ceramic matrix composites enables weight reduction for engines and allows them to run at much higher temperature is anticipated to create market opportunities for the aero engine composite market during the forecast period.

MARKET SCOPE

The "Global Aero Engine Composite Market Analysis To 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The aero engine composite market report aims to provide an overview of the aero engine composite market with detailed market segmentation by aircraft, application, composite, reinforcement, and geography. The global aero engine composite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aero engine composite market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global aero engine composite market is segmented on the basis of aircraft, application, composite, and reinforcement. Based on aircraft, the aero engine composite market is segmented into: narrow-body aircraft, wide-body aircraft, regional aircraft, helicopter, and military aircraft. On the basis of application, the aero engine composite market is segmented into: fan blades, fan case, outlet guide vanes, shrouds, and others. Based on composite, the aero engine composite market is segmented into: polymer matrix composites, ceramic matrix composites, and metal matrix composites.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aero engine composite market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The aero engine composite market by each region is later sub-segmented by respective countries and segments. The aero engine composite market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the aero engine composite market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aero engine composite market in these regions.

MARKET PLAYERS

The reports cover key developments in the aero engine composite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from aero engine composite market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the aero engine composite market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aero engine composite market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   CFAN
  
•   Comtek Advanced Structures Ltd.
  
•   General Electric
  
•   GKN Aerospace Services Limited
  
•   Hexcel Corporation
  
•   IHI Corporation
  
•   Meggitt PLC
  
•   Rolls-Royce plc
  
•   Solvay
  
•   Triumph Group
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aero Engine Composite Report Scope