Authored By: Sarah
11 Jul 2024

 Aircraft Engine Nacelle Market to grow by USD 2888.9 million between 2024-2028

According to a research report “ Aircraft Engine Nacelle Market” by Application (Commercial aircraft, Business aircraft, Military aircraft) End-user (Original equipment manufacturer, Aftermarket) Geography (North America, Europe, APAC, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 2888.9 million at a CAGR of  6.78% during the forecast period. The aircraft engine nacelle market experiences significant growth due to technological innovations in engine and nacelle design. New materials, manufacturing processes, and designs enhance engine efficiency, lower fuel consumption, and decrease emissions. These advancements also lead to reductions in engine noise and vibrations, thereby improving passenger experience and reducing environmental impact. Nacelles, integral to engine performance, undergo technological transformations, improving aerodynamics, reducing drag, and boosting engine efficiency..

Browse market data tables, figures, and in-depth TOC on “Aircraft Engine Nacelle Market” by Application (Commercial aircraft, Business aircraft, Military aircraft) End-user (Original equipment manufacturer, Aftermarket) Geography (North America, Europe, APAC, Middle East and Africa, South America) Global Forecast to 2028.

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By Application, the Commercial aircraft segment is projected to dominate the market size in 2024.

In the business sphere of the global aircraft engine nacelle market, original equipment manufacturers (OEMs) play a pivotal role. These entities design, manufacture, and sell engine nacelles and related components to commercial airlines, governments, and other end-users. OEMs are responsible for the initial installation of engines and nacelles on aircraft, as well as providing maintenance and repair services. Notable OEMs in this sector include Safran and other leading aerospace companies, who collaborate closely with aircraft manufacturers to integrate nacelles into aircraft designs, ensuring compliance with safety and performance standards.

By End-user, Original equipment manufacturer  segment is expected to hold the largest market size for the year 2024.

In the commercial aircraft engine nacelle market, sub-segments exist based on aircraft size, type, and application. Notable sub-segments include narrow-body aircraft, which house engines with a thrust capacity of up to 35,000 lbs, and wide-body aircraft, designed for long-haul flights with engines accommodated accordingly. These distinctions cater to the unique requirements of various commercial aircraft models.

North America is forecasted to hold the largest market size by region in 2024.

The Aircraft Engine Nacelle market represents a significant business opportunity, with nacelles serving as protective housings for aircraft engines. These components enhance engine performance and fuel efficiency, making them essential for aviation industry growth. Manufacturers focus on lightweight materials, aerodynamic design, and advanced coatings to improve nacelle efficiency and reduce maintenance costs. The market is driven by increasing air travel demand, fleet expansion, and technological advancements.

The Aircraft Engine Nacelle Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Adecco Group AG
  • Aernnova Aerospace SA
  • Arkwin Industries Inc.
  • Aviagroup Industries
  • Barnes Group Inc.
  • Bombardier Inc.
  • Cadence Aerospace LLC
  • DRB HICOM Berhad
  • FACC AG
  • Kawak Aviation Technologies Inc.
  • Leonardo Spa
  • Magellan Aerospace Corp.
  • Melrose Industries Plc
  • MSM aerospace fabricators Ltd
  • RTX Corp.
  • Safran SA
  • Singapore Technologies Engineering Ltd.
  • Spirit AeroSystems Inc.
  • The Nordam Group LLC
  • Triumph Group Inc.
.

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Research Analysis Overview

The Aircraft Engine Nacelle market encompasses the production and supply of nacelles, a crucial component of commercial aircraft. Nacelles house the aircraft engine and its accessories, including fan blades, exhaust nozzles, and pylon structures. With the development of new engines, there is a growing demand for lighter and more efficient materials such as aluminum alloys, stainless steel, nickel-chromium, and titanium alloys, as well as composites. These materials are used to manufacture smaller parts, such as fan blades, and larger structures, like the nacelle itself. The weight reduction of these components contributes to the overall weight reduction of the aircraft. In addition, the use of rear-mounted nacelles and pylons under the wing has become increasingly common in modern aircraft design.

Market Research Overview

The Aircraft Engine Nacelle market encompasses the design, manufacturing, and integration of nacelles for military jets and commercial aircraft, including flagship supersonic airliners. Reinforcements and structural enhancements are crucial for these nacelles, which house vital components such as exhaust nozzles and fan blades. Engine providers and component providers collaborate to deliver new, fuel-efficient engines, often utilizing 3D printing technology for smaller parts. The weight of aircraft, including business jets and Aircraft OEMs' offerings, is a significant factor in the demand for these nacelles. Military sector and passenger traffic, particularly in the highest demand sectors, drive the market. Materials like plain carbon steels, heat-processed forgings, nickel alloys, and composites, including aluminum alloys, stainless steel, nickel-chromium, and titanium alloys, are used to ensure the nacelles' corrosion-resistant characteristics, strength, and hardness. Thrust reversers and noise-reducing nacelles are also essential components, with fuel efficiency and new aircraft designs continuing to shape the market.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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