The aircraft thrust reverser market is expected to witness remarkable growth on account of rise in aircraft production and upgradation activities worldwide. Major airline firms are focusing on upgrading their aged airplanes with latest technologies to enhance their efficiency and performance. Such initiatives could greatly drive the requirement for aircraft thrust reversers.
For the record, thrust reverser is a device installed in the engine exhaust system, helping the aircraft to effectively reverse the flow of exhaust gases. Aircraft have immense kinetic energy while landing, making reversers vital for dissipating this energy by producing backward thrusts.
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Advancement in automated tape laying and automated fiber placement technologies is transforming production of aircraft thrust reversers. The principal defining difference between automated tape laying (ATL) and automated fiber placement (AFP) is that the wide ATL tape can have different shapes cut into both the sides and ends, while the narrow AFP tapes are cut square at 90° on the ends.
OEMs are highly engaged in adopting the advanced production methods for thrust reversers including AFP and ATL. The hydraulic mechanism category is set to grow notably through 2026. The ATL and AFP manufacturing process is also expected to showcase a steady growth rate over the same period due to precise and efficient production.
Pivot door thrust reversers are experiencing high demand as they enables weight reduction, which in turn reduces fuel consumption and overall operation costs of the aircraft. Pivot door thrust reversers will hold 10% of market share by 2026.
Growing focus of airliners on engine upgrading as well as fleet expansion will favor aircraft production activities over the coming years.
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As per regional share, Asia Pacific is set to witness substantial growth owing to emerging economies and their rapidly expanding aerospace sector. Lately, aerospace companies have seen to massively invest in APAC to establish new maintenance and production facilities. Citing an instance, earlier in 2019, Boeing revealed its plan to build a production facility for its F/A 18 Super Hornet aircraft in India.
Reportedly, Bombardier’s Northern Ireland was selected to build a new thrust reverser to support Pratt & Whitney's Pure Power PW1100G engine. Apart from Bombardier, other major players in the global aircraft thrust reverser market include FACC AG, CTRM, Safran Leonardo S.p.A., GKN Aerospace Services Ltd., and Spirit AeroSystems.
Major Key Points from Table of Content:
Chapter 6. Aircraft Thrust Reverser Market, By Manufacturing Process
6.1. Global aircraft thrust reverser market manufacturing process insights
6.2. Hand Layup
6.2.1. Global market estimates and forecasts, 2016 - 2026
6.2.2. Market estimates and forecast, by region, 2016 - 2026
6.3.1. Global market estimates and forecasts, 2016 - 2026
6.3.2. Market estimates and forecast, by region, 2016 - 2026
6.4. Resin infusion
6.4.1. Global market estimates and forecasts, 2016 - 2026
6.4.2. Market estimates and forecast, by region, 2016 - 2026
6.5.1. Global market estimates and forecasts, 2016 - 2026
6.5.2. Market estimates and forecast, by region, 2016 – 2026
Chapter 7. Aircraft Thrust Reverser Market, By Mechanism
7.1. Global aircraft thrust reverser market mechanism insights
7.2.1. Global market estimates and forecasts, 2016 - 2026
7.2.2. Market estimates and forecast, by region, 2016 - 2026
7.3.1. Global market estimates and forecasts, 2016 - 2026
7.3.2. Market estimates and forecast, by region, 2016 - 2026
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