Market Overview:
The global aircraft engine ceramic matrix composite (CMC) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and fuel-efficient aircraft engines. Additionally, the increasing adoption of CMCs in commercial and military aircraft is also contributing to the growth of this market. Based on type, oxides are expected to account for a major share of the global aircraft engine CMC market during the forecast period. This can be attributed to their high thermal stability and resistance to erosion and corrosion.
 Industry Outlook.svg)
Product Definition:
Aircraft Engine Ceramic Matrix Composite (CMC) is a type of advanced composite material that consists of ceramic matrix fibers embedded in a metal matrix. The ceramic matrix can be made from silicon carbide, aluminum oxide, or other materials. Aircraft Engine Ceramic Matrix Composite (CMC) is used in aircraft engines to reduce weight and improve performance.
Oxides:
Oxides are a group of chemical compounds that contain one or more oxygen atom. Oxides can be classified as organic oxides and inorganic oxides. Organic oxides include peroxidized olefins, such as polyvinyl alcohol; whereas inorganic oxide includes oxide minerals, such as rust (Fe2O3). Oxide films are used to reduce the overall weight of an aircraft engine by up to 20%.
SiC:
Silicon Carbide (SiC) is a ceramic material that has high thermal conductivity and low electrical conductivity. It is produced in the High-Pressure Processing (HPP) method, which involves treating silicon at pressures of up to 20 GPa. SiC particles are made from silica and carbon, with about 30% of carbon content by weight being used in the manufacturing process.
Application Insights:
Commercial aircraft was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Increasing use of composites in commercial aircraft as a replacement for traditional metal, alloys, and plastics is expected to drive demand over the coming years.
The military aircraft segment held a substantial share of 11.6% in terms of revenue on account of extensive usage by various countries worldwide including U.S., China, Russia, Japan, India and others for enhancing performance or reducing costs associated with procurement or operational costs among other benefits offered by these materials such as weight reduction or increased speed among other factors that influence operating cost reduction which eventually results in savings to end-users thus providing avenues for growth over the coming years.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The region is expected to continue its dominance over the forecast period as well, with U.S., being the major contributor to regional growth, leading the global market. The presence of key aircraft engine manufacturers such as GE Aviation and CFM International has driven product demand in North America.
Asia Pacific was valued at USD X billion in 2017 and is anticipated to witness significant growth over a projected period owing to increasing government investments on developing civil aviation infrastructure across countries such as India.
Europe accounted for a significant share owing mainly to high production volumes attained by some aircraft engines manufacturers such as Turbomeca.
Growth Factors:
- Increasing demand for fuel-efficient aircraft engines
- Growing popularity of CMC in military and commercial aircraft applications
- Rising number of air passengers globally
- Technological advancements in the aviation industry
- Stringent environmental regulations governing the aviation sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Engine Ceramic Matrix Composite (CMC) Market Research Report
By Type
Oxides, SiC, Carbon, Others
By Application
Commercial Aircraft, Business Aircraft, Military Aircraft, Helicopter, Others
By Companies
GE Aviation, COI Ceramics Inc, Composite Horizons LLC, Herakles (Safran Ceramics), Honeywell International Inc, IHI Corporation, Pratt & Whitney, Rolls-Royce
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Engine Ceramic Matrix Composite (CMC) Market Report Segments:
The global Aircraft Engine Ceramic Matrix Composite (CMC) market is segmented on the basis of:
Types
Oxides, SiC, Carbon, 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
Commercial Aircraft, Business Aircraft, Military Aircraft, Helicopter, Others
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:
- GE Aviation
- COI Ceramics Inc
- Composite Horizons LLC
- Herakles (Safran Ceramics)
- Honeywell International Inc
- IHI Corporation
- Pratt & Whitney
- Rolls-Royce
 Market Overview.svg)
Highlights of The Aircraft Engine Ceramic Matrix Composite (CMC) 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:
- Oxides
- SiC
- Carbon
- Others
- By Application:
- Commercial Aircraft
- Business Aircraft
- Military Aircraft
- Helicopter
- Others
- 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 Aircraft Engine Ceramic Matrix Composite (CMC) 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
 Market Statistics.svg)
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?
Aircraft engine ceramic matrix composite (CMC) is a material that combines the strength and thermal conductivity of metal with the durability and fire resistance of ceramic. CMCs are often used in aircraft engines because they offer both high performance and reliability.
Some of the major companies in the aircraft engine ceramic matrix composite (cmc) market are GE Aviation, COI Ceramics Inc, Composite Horizons LLC, Herakles (Safran Ceramics), Honeywell International Inc, IHI Corporation, Pratt & Whitney, Rolls-Royce.
The aircraft engine ceramic matrix composite (cmc) market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size & Forecast, 2018-2028
4.5.1 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size and Y-o-Y Growth
4.5.2 Aircraft Engine Ceramic Matrix Composite (CMC) Market Absolute $ Opportunity
Chapter 5 Global Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Type
5.2.1 Oxides
5.2.2 SiC
5.2.3 Carbon
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Business Aircraft
6.2.3 Military Aircraft
6.2.4 Helicopter
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Type
9.6.1 Oxides
9.6.2 SiC
9.6.3 Carbon
9.6.4 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Business Aircraft
9.10.3 Military Aircraft
9.10.4 Helicopter
9.10.5 Others
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 Aircraft Engine Ceramic Matrix Composite (CMC) Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Type
10.6.1 Oxides
10.6.2 SiC
10.6.3 Carbon
10.6.4 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Business Aircraft
10.10.3 Military Aircraft
10.10.4 Helicopter
10.10.5 Others
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 Aircraft Engine Ceramic Matrix Composite (CMC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Type
11.6.1 Oxides
11.6.2 SiC
11.6.3 Carbon
11.6.4 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Business Aircraft
11.10.3 Military Aircraft
11.10.4 Helicopter
11.10.5 Others
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 Aircraft Engine Ceramic Matrix Composite (CMC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Engine Ceramic Matrix Composite (CMC) 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Type
12.6.1 Oxides
12.6.2 SiC
12.6.3 Carbon
12.6.4 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 Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Business Aircraft
12.10.3 Military Aircraft
12.10.4 Helicopter
12.10.5 Others
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) Aircraft Engine Ceramic Matrix Composite (CMC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Engine Ceramic Matrix Composite (CMC) 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) Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Type
13.6.1 Oxides
13.6.2 SiC
13.6.3 Carbon
13.6.4 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) Aircraft Engine Ceramic Matrix Composite (CMC) Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Business Aircraft
13.10.3 Military Aircraft
13.10.4 Helicopter
13.10.5 Others
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 Aircraft Engine Ceramic Matrix Composite (CMC) Market: Competitive Dashboard
14.2 Global Aircraft Engine Ceramic Matrix Composite (CMC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Aviation
14.3.2 COI Ceramics Inc
14.3.3 Composite Horizons LLC
14.3.4 Herakles (Safran Ceramics)
14.3.5 Honeywell International Inc
14.3.6 IHI Corporation
14.3.7 Pratt & Whitney
14.3.8 Rolls-Royce
