Afterburner Market Analysis, Development, and Forecast by 2031

MARKET INTRODUCTION

The afterburner is gaining recognition in the industry as it is used for the shorter runway take-off, assisting in catapult launches from aircraft carriers and air combat. There is an increasing demand for new fighter aircraft worldwide to replace aging aircraft with the next-generation fighter aircraft to recover from the fighter aircraft depleting strength.

MARKET DYNAMICS

The increasing fighter aircraft backlog & production along with rising fleet of the old generation fighter aircraft in various countries across the globe is expected to drive the industry growth. Moreover, there is an increased demand for next-generation fighter aircraft such as 5th generation fighter that combines advanced stealth with fighter speed and agility.

MARKET SCOPE

The "Global Afterburner Market Analysis to 2031" is a specialized and in-depth study of the Afterburner market with a special focus on the global market trend analysis. The report aims to provide an overview of Afterburner market with detailed market segmentation by engine type, plane type. The global Afterburner market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Afterburner market player and offers key trends and opportunities in the Afterburner market.

MARKET SEGMENTATION

The global Afterburner market is segmented on the basis of engine type, plane type. On the basis of engine type, market is segmented as turbofans engine, turbojet engine. On the basis of plane type, market is segmented as air superiority fighter, light fighter, electric compressor.

REGIONAL FRAMEWORK

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

The report analyzes factors affecting Afterburner market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Afterburner market in these regions.

MARKET PLAYERS

The reports cover key developments in the Afterburner market 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 expansion of business and customer base of market players. The market players from Afterburner market are anticipated to lucrative growth opportunities in the future with the rising demand for Afterburner market. Below mentioned is the list of few companies engaged in the Afterburner market.

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

•   GE AVIATION
  
•   Pratt and Whitney
  
•   Honeywell Aerospace
  
•   Aviadvigatel
  
•   Rolls-Royce plc
  
•   SE Ivchenko-Progress
  
•   Safran
  
•   Eurojet
  
•   JSC
  
•   MTU Aero Engines AG
  
  

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.

Afterburner Report Scope