New

Aircraft Engine Component Market

2021

Aircraft Engine Component Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Compressor, Turbine, Gear Box, Exhaust Nozzle, Fasteners, Fuel System, Others); Engine Type (Turboprop, Turbofan, Turboshaft); Fit Type (Line Fit, Retrofit) and Geography

| Report Code: TIPRE00025971 | No. of Pages: 150 | Category: Aerospace and Defense | Status: Upcoming

Market Insights

Aircraft Engine Component Market 2028 By Type, Engine Type, Fit Type and Geography | The Insight Partners

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MARKET OVERVIEW

The demand for aircraft engine components can be attributed mainly to the planned fleet modernization and expansion strategies of various major airlines, aircraft operators, armed forces, and freight operators. Furthermore, the rising demand for new generation engines with low emissions and lower weight to improve the fuel efficiency of aircraft and reduce the carbon emissions are driving the global aircraft engine components market. Presently, prominent components manufacturers are focusing on the research and development of new engine models using advanced technologies like implementation of additive manufacturing and integration of composite technologies. However, the development of electric aircraft to reduce environmental impact is hindering the growth of conventional engine components manufacturers.

MARKET SCOPE

The "Global Aircraft Engine Component Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Engine Component market with detailed market segmentation by type, engine type, fit type, and geography. The global Aircraft Engine Component market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Engine Component market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   On the basis of Type, the market is segmented as Compressor, Turbine, Gear Box, Exhaust Nozzle, Fasteners, Fuel System, and Others.
  •   On the basis of Engine Type, the market is segmented as Turboprop, Turbofan, and Turboshaft.
  •   Based on Fit Type, the market is bifurcated into Line Fit, Retrofit

MARKET DYNAMICS
Drivers:

  •   Planned fleet modernization and expansion strategies of various major airlines, aircraft operators, armed forces, and freight operators
  •   Rising demand for new generation engines
  •   Advanced technologies like implementation of additive manufacturing and integration of composite technologies
    Restraint -
  •   Replacement of conventional engines by electric aircraft and delivery delays

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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft Engine Component market by each region is later sub-segmented by respective countries and segments. The 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 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 the factors affecting the Aircraft Engine Component market in these regions.

IMPACT OF COVID-19 ON AIRCRAFT ENGINE COMPONENT MARKET

COVID-19 severely impacted the aviation industry by the end of 2020 due to plummeting air traffic and lockdown-related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the aviation and aerospace industry, including Aircraft Engine Component manufacturers. In the short term, the market is witnessing low utilization, reduced demand and fall in transaction volume. According to industry experts, demand for aircraft engine remains considerably low compared to pre-crisis levels, and the situation continues to be extremely challenging for aerospace manufacturers across the world. For instance, Rolls Royce, a prominent aircraft engines manufacturer, faced a net loss of US$ 4.4 billion in the fiscal year 2020, compared to US$ 1.7 billion loss in 2019. However, during the second half of 2021, the rising demand in key US and Chinese markets has resulted in aerospace companies, like Airbus, doubling up their jet production to capitalize on a bulging order book of new jets. Therefore, the market is expected to regain momentum with the successful implementation of vaccine drive leading to reopening of airlines and resuming production of aircraft.



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MARKET PLAYERS


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

The report also includes the profiles of key Aircraft Engine Component 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.

  •   Clarendon Specialty Fasteners
  •   Eaton Corporation Plc
  •   JAMCO Corporation
  •   MS Aerospace
  •   MTU Aero Engines AG
  •   Parker Hannifin Corporation
  •   Precision Threaded Products
  •   Raytheon Technologies Corporation
  •   Safran SA
  •   STANLEY Engineered Fastening
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.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Engine Component Market - By Type
1.3.2 Aircraft Engine Component Market - By Engine Type
1.3.3 Aircraft Engine Component Market - By Fit Type
1.3.4 Aircraft Engine Component Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AIRCRAFT ENGINE COMPONENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. AIRCRAFT ENGINE COMPONENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. AIRCRAFT ENGINE COMPONENT MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT ENGINE COMPONENT - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT ENGINE COMPONENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. AIRCRAFT ENGINE COMPONENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. COMPRESSOR
7.3.1. Overview
7.3.2. Compressor Market Forecast and Analysis
7.4. TURBINE
7.4.1. Overview
7.4.2. Turbine Market Forecast and Analysis
7.5. GEAR BOX
7.5.1. Overview
7.5.2. Gear Box Market Forecast and Analysis
7.6. EXHAUST NOZZLE
7.6.1. Overview
7.6.2. Exhaust Nozzle Market Forecast and Analysis
7.7. FASTENERS
7.7.1. Overview
7.7.2. Fasteners Market Forecast and Analysis
7.8. FUEL SYSTEM
7.8.1. Overview
7.8.2. Fuel System Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. AIRCRAFT ENGINE COMPONENT MARKET - REVENUE AND FORECASTS TO 2028 - ENGINE TYPE
8.1. OVERVIEW
8.2. ENGINE TYPE MARKET FORECASTS AND ANALYSIS
8.3. TURBOPROP
8.3.1. Overview
8.3.2. Turboprop Market Forecast and Analysis
8.4. TURBOFAN
8.4.1. Overview
8.4.2. Turbofan Market Forecast and Analysis
8.5. TURBOSHAFT
8.5.1. Overview
8.5.2. Turboshaft Market Forecast and Analysis
9. AIRCRAFT ENGINE COMPONENT MARKET - REVENUE AND FORECASTS TO 2028 - FIT TYPE
9.1. OVERVIEW
9.2. FIT TYPE MARKET FORECASTS AND ANALYSIS
9.3. LINE FIT
9.3.1. Overview
9.3.2. Line Fit Market Forecast and Analysis
9.4. RETROFIT
9.4.1. Overview
9.4.2. Retrofit Market Forecast and Analysis

10. AIRCRAFT ENGINE COMPONENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Aircraft Engine Component Market Overview
10.1.2 North America Aircraft Engine Component Market Forecasts and Analysis
10.1.3 North America Aircraft Engine Component Market Forecasts and Analysis - By Type
10.1.4 North America Aircraft Engine Component Market Forecasts and Analysis - By Engine Type
10.1.5 North America Aircraft Engine Component Market Forecasts and Analysis - By Fit Type
10.1.6 North America Aircraft Engine Component Market Forecasts and Analysis - By Countries
10.1.6.1 United States Aircraft Engine Component Market
10.1.6.1.1 United States Aircraft Engine Component Market by Type
10.1.6.1.2 United States Aircraft Engine Component Market by Engine Type
10.1.6.1.3 United States Aircraft Engine Component Market by Fit Type
10.1.6.2 Canada Aircraft Engine Component Market
10.1.6.2.1 Canada Aircraft Engine Component Market by Type
10.1.6.2.2 Canada Aircraft Engine Component Market by Engine Type
10.1.6.2.3 Canada Aircraft Engine Component Market by Fit Type
10.1.6.3 Mexico Aircraft Engine Component Market
10.1.6.3.1 Mexico Aircraft Engine Component Market by Type
10.1.6.3.2 Mexico Aircraft Engine Component Market by Engine Type
10.1.6.3.3 Mexico Aircraft Engine Component Market by Fit Type
10.2. EUROPE
10.2.1 Europe Aircraft Engine Component Market Overview
10.2.2 Europe Aircraft Engine Component Market Forecasts and Analysis
10.2.3 Europe Aircraft Engine Component Market Forecasts and Analysis - By Type
10.2.4 Europe Aircraft Engine Component Market Forecasts and Analysis - By Engine Type
10.2.5 Europe Aircraft Engine Component Market Forecasts and Analysis - By Fit Type
10.2.6 Europe Aircraft Engine Component Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Aircraft Engine Component Market
10.2.6.1.1 Germany Aircraft Engine Component Market by Type
10.2.6.1.2 Germany Aircraft Engine Component Market by Engine Type
10.2.6.1.3 Germany Aircraft Engine Component Market by Fit Type
10.2.6.2 France Aircraft Engine Component Market
10.2.6.2.1 France Aircraft Engine Component Market by Type
10.2.6.2.2 France Aircraft Engine Component Market by Engine Type
10.2.6.2.3 France Aircraft Engine Component Market by Fit Type
10.2.6.3 Italy Aircraft Engine Component Market
10.2.6.3.1 Italy Aircraft Engine Component Market by Type
10.2.6.3.2 Italy Aircraft Engine Component Market by Engine Type
10.2.6.3.3 Italy Aircraft Engine Component Market by Fit Type
10.2.6.4 United Kingdom Aircraft Engine Component Market
10.2.6.4.1 United Kingdom Aircraft Engine Component Market by Type
10.2.6.4.2 United Kingdom Aircraft Engine Component Market by Engine Type
10.2.6.4.3 United Kingdom Aircraft Engine Component Market by Fit Type
10.2.6.5 Russia Aircraft Engine Component Market
10.2.6.5.1 Russia Aircraft Engine Component Market by Type
10.2.6.5.2 Russia Aircraft Engine Component Market by Engine Type
10.2.6.5.3 Russia Aircraft Engine Component Market by Fit Type
10.2.6.6 Rest of Europe Aircraft Engine Component Market
10.2.6.6.1 Rest of Europe Aircraft Engine Component Market by Type
10.2.6.6.2 Rest of Europe Aircraft Engine Component Market by Engine Type
10.2.6.6.3 Rest of Europe Aircraft Engine Component Market by Fit Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Aircraft Engine Component Market Overview
10.3.2 Asia-Pacific Aircraft Engine Component Market Forecasts and Analysis
10.3.3 Asia-Pacific Aircraft Engine Component Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Aircraft Engine Component Market Forecasts and Analysis - By Engine Type
10.3.5 Asia-Pacific Aircraft Engine Component Market Forecasts and Analysis - By Fit Type
10.3.6 Asia-Pacific Aircraft Engine Component Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Aircraft Engine Component Market
10.3.6.1.1 Australia Aircraft Engine Component Market by Type
10.3.6.1.2 Australia Aircraft Engine Component Market by Engine Type
10.3.6.1.3 Australia Aircraft Engine Component Market by Fit Type
10.3.6.2 China Aircraft Engine Component Market
10.3.6.2.1 China Aircraft Engine Component Market by Type
10.3.6.2.2 China Aircraft Engine Component Market by Engine Type
10.3.6.2.3 China Aircraft Engine Component Market by Fit Type
10.3.6.3 India Aircraft Engine Component Market
10.3.6.3.1 India Aircraft Engine Component Market by Type
10.3.6.3.2 India Aircraft Engine Component Market by Engine Type
10.3.6.3.3 India Aircraft Engine Component Market by Fit Type
10.3.6.4 Japan Aircraft Engine Component Market
10.3.6.4.1 Japan Aircraft Engine Component Market by Type
10.3.6.4.2 Japan Aircraft Engine Component Market by Engine Type
10.3.6.4.3 Japan Aircraft Engine Component Market by Fit Type
10.3.6.5 South Korea Aircraft Engine Component Market
10.3.6.5.1 South Korea Aircraft Engine Component Market by Type
10.3.6.5.2 South Korea Aircraft Engine Component Market by Engine Type
10.3.6.5.3 South Korea Aircraft Engine Component Market by Fit Type
10.3.6.6 Rest of Asia-Pacific Aircraft Engine Component Market
10.3.6.6.1 Rest of Asia-Pacific Aircraft Engine Component Market by Type
10.3.6.6.2 Rest of Asia-Pacific Aircraft Engine Component Market by Engine Type
10.3.6.6.3 Rest of Asia-Pacific Aircraft Engine Component Market by Fit Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Aircraft Engine Component Market Overview
10.4.2 Middle East and Africa Aircraft Engine Component Market Forecasts and Analysis
10.4.3 Middle East and Africa Aircraft Engine Component Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Aircraft Engine Component Market Forecasts and Analysis - By Engine Type
10.4.5 Middle East and Africa Aircraft Engine Component Market Forecasts and Analysis - By Fit Type
10.4.6 Middle East and Africa Aircraft Engine Component Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Aircraft Engine Component Market
10.4.6.1.1 South Africa Aircraft Engine Component Market by Type
10.4.6.1.2 South Africa Aircraft Engine Component Market by Engine Type
10.4.6.1.3 South Africa Aircraft Engine Component Market by Fit Type
10.4.6.2 Saudi Arabia Aircraft Engine Component Market
10.4.6.2.1 Saudi Arabia Aircraft Engine Component Market by Type
10.4.6.2.2 Saudi Arabia Aircraft Engine Component Market by Engine Type
10.4.6.2.3 Saudi Arabia Aircraft Engine Component Market by Fit Type
10.4.6.3 U.A.E Aircraft Engine Component Market
10.4.6.3.1 U.A.E Aircraft Engine Component Market by Type
10.4.6.3.2 U.A.E Aircraft Engine Component Market by Engine Type
10.4.6.3.3 U.A.E Aircraft Engine Component Market by Fit Type
10.4.6.4 Rest of Middle East and Africa Aircraft Engine Component Market
10.4.6.4.1 Rest of Middle East and Africa Aircraft Engine Component Market by Type
10.4.6.4.2 Rest of Middle East and Africa Aircraft Engine Component Market by Engine Type
10.4.6.4.3 Rest of Middle East and Africa Aircraft Engine Component Market by Fit Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Aircraft Engine Component Market Overview
10.5.2 South and Central America Aircraft Engine Component Market Forecasts and Analysis
10.5.3 South and Central America Aircraft Engine Component Market Forecasts and Analysis - By Type
10.5.4 South and Central America Aircraft Engine Component Market Forecasts and Analysis - By Engine Type
10.5.5 South and Central America Aircraft Engine Component Market Forecasts and Analysis - By Fit Type
10.5.6 South and Central America Aircraft Engine Component Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Aircraft Engine Component Market
10.5.6.1.1 Brazil Aircraft Engine Component Market by Type
10.5.6.1.2 Brazil Aircraft Engine Component Market by Engine Type
10.5.6.1.3 Brazil Aircraft Engine Component Market by Fit Type
10.5.6.2 Argentina Aircraft Engine Component Market
10.5.6.2.1 Argentina Aircraft Engine Component Market by Type
10.5.6.2.2 Argentina Aircraft Engine Component Market by Engine Type
10.5.6.2.3 Argentina Aircraft Engine Component Market by Fit Type
10.5.6.3 Rest of South and Central America Aircraft Engine Component Market
10.5.6.3.1 Rest of South and Central America Aircraft Engine Component Market by Type
10.5.6.3.2 Rest of South and Central America Aircraft Engine Component Market by Engine Type
10.5.6.3.3 Rest of South and Central America Aircraft Engine Component Market by Fit Type

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. AIRCRAFT ENGINE COMPONENT MARKET, KEY COMPANY PROFILES
12.1. CLARENDON SPECIALTY FASTENERS
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. EATON CORPORATION PLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. JAMCO CORPORATIO
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MS AEROSPACE
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MTU AERO ENGINES AG
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. PARKER HANNIFIN CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PRECISION THREADED PRODUCTS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. RAYTHEON TECHNOLOGIES CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAFRAN SA
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. STANLEY ENGINEERED FASTENING
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1.Clarendon Specialty Fasteners
2.Eaton Corporation Plc
3.JAMCO Corporatio
4.MS Aerospace
5.MTU Aero Engines AG
6.Parker Hannifin Corporation
7.Precision Threaded Products
8.Raytheon Technologies Corporation
9.Safran SA
10.STANLEY Engineered Fastening
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