The Future of Aircraft Exhaust System Market in the forecast period 2020-2025 as predicted by Stratview Research
January 22, 2020
Stratview Research experts have done an extensive study of data from different sources and have analyzed them to come up with the Aircraft Exhaust System Market report. The report offers insight into the current market trend and the future estimations.
The report on Aircraft Exhaust System Market, by Stratview Research, will showcase the market trend of 2014-2019 and forecast period of 2020-2025.
Get a Free Sample of the Report here: https://www.stratviewresearch.com/Request-Sample/692/aircraft-exhaust-system-market.html
Aircraft Exhaust System Market is likely to witness an impressive CAGR of 8.2% during the forecast period. The increasing use of low drag, lightweight sound suppressant exhaust components is the major growth driver of the global aircraft exhaust system market. Aircraft exhaust systems majorly contribute to the total aircraft nacelle weight and drag. The new low drag, lightweight exhaust components support in enhancing the fuel efficiency of aircraft, and thus the demand for such components is on the rise.
The report on Aircraft Exhaust System Market is explained segment-wise for a better understanding of the market trend.
Based on the end-user type, the market is segmented as OEM and MRO. The OEM segment is estimated to register a higher growth during the forecast period. This growth is owing to the increasing number of aircraft deliveries across the globe, driven by the rising global air passenger traffic. With escalating deliveries of new aircraft, the demand for aircraft exhaust systems is expected to increase during the forecast period.
Based on the components type, the market is segmented as exhaust cone, exhaust pipe, exhaust nozzle, APU exhaust liner, APU exhaust tube, turbocharger, and others. The exhaust nozzle segment is estimated to dominate the market during the forecast period. Exhaust nozzle is constantly in demand as it is a part of any exhaust system which endures high temperature cycles and has to be repaired and replaced quite often.
Based on the aviation type, the market is segmented as commercial aviation, general aviation, business aviation, and military aviation. The commercial aviation segment is estimated to depict the highest growth in the coming five years. The growth can be attributed to the fact that there is an increasing demand for commercial jet airliners due to the rising air passenger traffic in commercial aviation, which happens to be the largest market within the overall aerospace industry. Further, the market is driven by the growing demand for commercial aviation jets globally; thus, the commercial aviation segment is projected to command the aircraft exhaust system market during the forecast period. On the other hand, the military aviation segment is likely to portray the highest growth, owing to the snowballing deliveries of fighter aircraft.
Looking for a specific topic? Scan through the Table of Contents here: https://www.stratviewresearch.com/toc/692/aircraft-exhaust-system-market.html
OR
View detailed summary of the report here: https://www.stratviewresearch.com/692/aircraft-exhaust-system-market.html
Based on the system type, the market is segmented as engine exhaust system and APU exhaust system. The engine exhaust system segment is expected to own a higher growth during the forecast period. The growth is owing to the rising demand for new aircraft deliveries across the globe as engine exhaust components happen to be one of the most intricate parts of an engine exhaust system and immensely contribute to the overall cost of an aircraft exhaust system.
In terms of regions, North America is estimated to lead the aircraft exhaust system market during the forecast period, supported by replacement of aging fleets and the high demand for new aircraft. Asia-Pacific is estimated to be the fastest-growing market, owing to the increase in modernization agendas in the Asia Pacific’s aviation industry, which is likely to contribute to a high adoption of advanced aircraft exhaust systems. These factors are expected to further bolster the demand for aircraft exhaust systems in the APAC region during the forecast region. China and India are the growth engines of the region.
Salient Features of the Report
The Stratview Report will offer you a detailed view the growth of the Aircraft Exhaust System Market and the future prospects of the market. Here are the key features of the report:
- Strategic Segmentation
- Competitive Analysis
- Strategic Growth Opportunities
- Swot Analysis
- Key Players
- Forecast Analysis & Future Growth
What we offer?
The global market research company, Stratview Research has been dealing with different market research reports in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team consists of the best experts who are known to offer the best assessments and screenings so that the interested companies can afford to rely upon and take corrective decisions ahead.
For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176