Market Overview:
The global aero engines composite components market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for aircraft and spacecraft across the globe. On the basis of type, the spacer and fairings segment is expected to account for a major share of the global aero engines composite components market in 2018. This can be attributed to their high demand in aircraft applications owing to their ability to reduce drag and increase fuel efficiency.
Product Definition:
Aero engines composite components are a critical part of the engine and are responsible for transferring power from the engine to the aircraft. They are made up of several different materials, including metal alloys and composites, which work together to create a strong and lightweight component. Composite materials have become increasingly important in aerospace applications in recent years due to their strength and weight advantages over traditional metals.
Spacer and Fairings:
Spacer and fairings are aerodynamic devices that help in reducing the turbulence around an aircraft, thereby increasing its efficiency. The primary function of spacer is to separate the air inlets from the body of aircraft by a distance which reduces wake vortices generated behind it. Fairings are aerodynamic structures that extend over part or whole of an engine or wings to disruptors (vortex) formed by hot gases rising up from engines and wing roots.
Stator and Exhaust Flaps:
Stator and exhaust flaps are two important components of an aero engine. They help in improving the overall efficiency of the engine by reducing friction, thereby enabling higher power output. The stater and exhaust flaps work together as a single unit to provide air movement at high speeds through out the core of an aircraft’s engines.
Application Insights:
Aircraft application segment accounted for the largest share of the global market in 2017. The demand is expected to be driven by growth in air transportation and military aircraft applications. Aircraft parts manufactured using composites are lighter than their metal counterparts, which reduces fuel consumption and increases range, thereby driving the product demand over the forecast period.
The use of composites also helps reduce carbon emissions during flight owing to reduced fuel burn rate per unit passenger-kilometer traveled as compared to traditional jet fuels. This factor is projected to drive product demand from aircraft manufacturers over the forecast period.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to the presence of a large number of aircraft manufacturers in the region, including Boeing, Lockheed Martin Corporation and Airbus S.A.S.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 5.0% during the forecast period owing to rapid industrialization along with growing spaceflight activities primarily from China, India.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for aircrafts in the commercial and defense sectors is expected to drive the growth of the aero engines composite components market.
- The increasing use of composites in aero engines is due to their lightweight and high-strength properties, which results in improved fuel efficiency and performance of aircrafts.
- The development of new technologies and materials is expected to propel the growth of the aero engines composite components market over the forecast period.
- Growing awareness about environmental friendly alternatives such as composites is projected to boost demand for these components over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aero Engines Composite Components Market Research Report
By Type
Spacer and Fairings, Stator and Exhaust Flaps, Inlet/Outlet Guide Vanes, Variable Bleed Valves, Others
By Application
Aircraft, Spacecraft
By Companies
Meggitt, Comtek, ASES AVIATION, Siemens, Issoire Aviation, Safran Aircraft Engines, GE Aviation, FACC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Aero Engines Composite Components Market Report Segments:
The global Aero Engines Composite Components market is segmented on the basis of:
Types
Spacer and Fairings, Stator and Exhaust Flaps, Inlet/Outlet Guide Vanes, Variable Bleed Valves, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aircraft, Spacecraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Meggitt
- Comtek
- ASES AVIATION
- Siemens
- Issoire Aviation
- Safran Aircraft Engines
- GE Aviation
- FACC
Highlights of The Aero Engines Composite Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spacer and Fairings
- Stator and Exhaust Flaps
- Inlet/Outlet Guide Vanes
- Variable Bleed Valves
- Others
- By Application:
- Aircraft
- Spacecraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aero Engines Composite Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aero Engines Composite Components is a company that manufactures composite components for aircraft engines. These components are used to reduce weight and improve performance.
Some of the major players in the aero engines composite components market are Meggitt, Comtek, ASES AVIATION, Siemens, Issoire Aviation, Safran Aircraft Engines, GE Aviation, FACC.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aero Engines Composite Components Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aero Engines Composite Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aero Engines Composite Components Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aero Engines Composite Components Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aero Engines Composite Components Market Size & Forecast, 2018-2028
4.5.1 Aero Engines Composite Components Market Size and Y-o-Y Growth
4.5.2 Aero Engines Composite Components Market Absolute $ Opportunity
Chapter 5 Global Aero Engines Composite Components Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aero Engines Composite Components Market Size Forecast by Type
5.2.1 Spacer and Fairings
5.2.2 Stator and Exhaust Flaps
5.2.3 Inlet/Outlet Guide Vanes
5.2.4 Variable Bleed Valves
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aero Engines Composite Components Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aero Engines Composite Components Market Size Forecast by Applications
6.2.1 Aircraft
6.2.2 Spacecraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aero Engines Composite Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aero Engines Composite Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aero Engines Composite Components Analysis and Forecast
9.1 Introduction
9.2 North America Aero Engines Composite Components Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aero Engines Composite Components Market Size Forecast by Type
9.6.1 Spacer and Fairings
9.6.2 Stator and Exhaust Flaps
9.6.3 Inlet/Outlet Guide Vanes
9.6.4 Variable Bleed Valves
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aero Engines Composite Components Market Size Forecast by Applications
9.10.1 Aircraft
9.10.2 Spacecraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aero Engines Composite Components Analysis and Forecast
10.1 Introduction
10.2 Europe Aero Engines Composite Components Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aero Engines Composite Components Market Size Forecast by Type
10.6.1 Spacer and Fairings
10.6.2 Stator and Exhaust Flaps
10.6.3 Inlet/Outlet Guide Vanes
10.6.4 Variable Bleed Valves
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aero Engines Composite Components Market Size Forecast by Applications
10.10.1 Aircraft
10.10.2 Spacecraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aero Engines Composite Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aero Engines Composite Components Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aero Engines Composite Components Market Size Forecast by Type
11.6.1 Spacer and Fairings
11.6.2 Stator and Exhaust Flaps
11.6.3 Inlet/Outlet Guide Vanes
11.6.4 Variable Bleed Valves
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aero Engines Composite Components Market Size Forecast by Applications
11.10.1 Aircraft
11.10.2 Spacecraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aero Engines Composite Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Aero Engines Composite Components Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aero Engines Composite Components Market Size Forecast by Type
12.6.1 Spacer and Fairings
12.6.2 Stator and Exhaust Flaps
12.6.3 Inlet/Outlet Guide Vanes
12.6.4 Variable Bleed Valves
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aero Engines Composite Components Market Size Forecast by Applications
12.10.1 Aircraft
12.10.2 Spacecraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aero Engines Composite Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aero Engines Composite Components Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aero Engines Composite Components Market Size Forecast by Type
13.6.1 Spacer and Fairings
13.6.2 Stator and Exhaust Flaps
13.6.3 Inlet/Outlet Guide Vanes
13.6.4 Variable Bleed Valves
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aero Engines Composite Components Market Size Forecast by Applications
13.10.1 Aircraft
13.10.2 Spacecraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aero Engines Composite Components Market: Competitive Dashboard
14.2 Global Aero Engines Composite Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Meggitt
14.3.2 Comtek
14.3.3 ASES AVIATION
14.3.4 Siemens
14.3.5 Issoire Aviation
14.3.6 Safran Aircraft Engines
14.3.7 GE Aviation
14.3.8 FACC
