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The global aircraft thrust reverser market was worth 2.66 billion USD in 2023 and is expected to reach 3.45 billion USD by 2031, expanding at a CAGR of 5.5% from 2024 to 2031.
There are a lot of key trends that are propelling the global market for airplane thrust reversers to keep growing. Fuel efficiency and reduced carbon emissions are becoming increasingly important in the aviation industry. A shorter landing distance and more effective deceleration lead to fuel savings and less environmental impact; thrust reversers are a key component in achieving these goals. Aircraft companies and airlines are continuously looking for ways to make their operations more efficient.
Modern aircraft with superior thrust reverser systems, such as the Airbus A350 and Boeing 787, are becoming more popular, which is another significant development. Modern aeroplanes improve performance with less maintenance because to state-of-the-art materials and designs. The market has two challenges: the COVID-19 pandemic's impact on the aviation industry and the high expense of developing new thrust reverser technology. The market has been temporarily slowed due to these problems. The necessity for ongoing innovation to meet stringent noise reduction and environmental standards is another ongoing challenge for aircraft thrust reverser manufacturers.
An aircraft thrust reverser is an exhaust-mounted component of the engine nacelle system that effectively slows the plane down by reversing the gas flow. The increasing concern for passenger safety has led to the installation of thrust reversers in modern airplanes. As a result of these tendencies, the aircraft thrust reverser market is expected to generate revenue. Increasing air travel and the use of narrow-body aircrafts across the Asia Pacific region are two significant enabling factors for market expansion.
The market is getting a lot of attention, but the expensive installation and maintenance costs are going to be a drag on the industry's growth. There are severe problems in the aviation industry as a result of the ongoing COVID-19 outbreak. The market growth may be impacted as a result of major aircraft manufacturers closing their plants in the US. In addition, the steep drop in aircraft production and deliveries in 2020 and 2021 will have a negative impact on the pricing of aircraft thrust reversers.
The airplane thrust reverser market has been hit hard by the COVID-19 pandemic because fewer people were willing to fly as a result of the dramatic reduction in daily flight numbers implemented by many airlines. Numerous sensors and integrated circuits comprise this system. Another factor that hurt the aviation thrust reverser market was the worldwide supply chain disruption caused by the pandemic. As a result, all markets, including this one, had to temporarily halt the inbound supply of raw materials.
There are essentially four submarkets within the worldwide aviation thrust reverser industry. There are two main sorts of this market: forward and reverse. The market is divided into two categories based on the mechanism: hydraulic and electric. There are three main market segments: clamshell door, cold stream, and bucket/target type. Additionally, commercial, military, and business aircraft are the three main end user segments. North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America are the geographical divisions into which the market is divided.
Aircraft are being outfitted with electric systems to lessen their impact on the environment by making them more eco-friendly, efficient, and lighter. Sales of reverse thrust electric motors are expected to be boosted by the increasing integration of sustainability in the aviation industry. Airline firms are being pushed to upgrade their aircraft by retrofitting older jets with modern thrust reverser systems due to ever-changing safety and environmental regulations. Manufacturers of aircraft thrust reversers that sell their products aftermarket will benefit greatly from this trend. Aircraft thrust reverser manufacturers should expect new business prospects as the aviation industry increasingly uses automation to increase safety and overall aircraft efficiency. Automating aircraft thrust reversers is likely to be pushed forward by the increasing demand for greater aircraft control and the widespread usage of modern digital technologies.
Report Coverage
Global Aircraft Thrust Reverser research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Aircraft Thrust Reverser report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Aircraft Thrust Reverser competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Aircraft Thrust Reverser market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Aircraft Thrust Reverser market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Aircraft Thrust Reverser market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Safran S.A. (France), Collins Aerospace (United States), Spirit AeroSystems (United States), Woodward, Inc. (United States), FACC AG (Austria), UTC Aerospace Systems (United States), Nexcelle (France), Liebherr Group (Switzerland), RUAG Group (Switzerland), Aernnova Aerospace (Spain), GKN Aerospace (United Kingdom), Daher (France), Barnes Group Inc. (United States), Curtiss-Wright Corporation (United States), Piper Aircraft, Inc. (United States), Middle River Aircraft Systems (United States), Ducommun Incorporated (United States), Kaman Aerospace Corporation (United States), AMETEK, Inc. (United States), Triumph Group, Inc. (United States).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Aircraft Thrust Reverser market based on the below-mentioned segments:
Global Aircraft Thrust Reverser Market, By Type
Forward
Reverse
Global Aircraft Thrust Reverser market, By Manufacturing Process
Hand layup
ATL/AFP
Resin infusion
Others
Global Aircraft Thrust Reverser Market, By End User
Commercial
Military
Business Jets
Global Aircraft Thrust Reverser market, Regional Analysis
There are a lot of key trends that are propelling the global market for airplane thrust reversers to keep growing. Fuel efficiency and reduced carbon emissions are becoming increasingly important in the aviation industry. A shorter landing distance and more effective deceleration lead to fuel savings and less environmental impact; thrust reversers are a key component in achieving these goals. Aircraft companies and airlines are continuously looking for ways to make their operations more efficient.
Modern aircraft with superior thrust reverser systems, such as the Airbus A350 and Boeing 787, are becoming more popular, which is another significant development. Modern aeroplanes improve performance with less maintenance because to state-of-the-art materials and designs. The market has two challenges: the COVID-19 pandemic's impact on the aviation industry and the high expense of developing new thrust reverser technology. The market has been temporarily slowed due to these problems. The necessity for ongoing innovation to meet stringent noise reduction and environmental standards is another ongoing challenge for aircraft thrust reverser manufacturers.
An aircraft thrust reverser is an exhaust-mounted component of the engine nacelle system that effectively slows the plane down by reversing the gas flow. The increasing concern for passenger safety has led to the installation of thrust reversers in modern airplanes. As a result of these tendencies, the aircraft thrust reverser market is expected to generate revenue. Increasing air travel and the use of narrow-body aircrafts across the Asia Pacific region are two significant enabling factors for market expansion.
The market is getting a lot of attention, but the expensive installation and maintenance costs are going to be a drag on the industry's growth. There are severe problems in the aviation industry as a result of the ongoing COVID-19 outbreak. The market growth may be impacted as a result of major aircraft manufacturers closing their plants in the US. In addition, the steep drop in aircraft production and deliveries in 2020 and 2021 will have a negative impact on the pricing of aircraft thrust reversers.
The airplane thrust reverser market has been hit hard by the COVID-19 pandemic because fewer people were willing to fly as a result of the dramatic reduction in daily flight numbers implemented by many airlines. Numerous sensors and integrated circuits comprise this system. Another factor that hurt the aviation thrust reverser market was the worldwide supply chain disruption caused by the pandemic. As a result, all markets, including this one, had to temporarily halt the inbound supply of raw materials.
There are essentially four submarkets within the worldwide aviation thrust reverser industry. There are two main sorts of this market: forward and reverse. The market is divided into two categories based on the mechanism: hydraulic and electric. There are three main market segments: clamshell door, cold stream, and bucket/target type. Additionally, commercial, military, and business aircraft are the three main end user segments. North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America are the geographical divisions into which the market is divided.
Aircraft are being outfitted with electric systems to lessen their impact on the environment by making them more eco-friendly, efficient, and lighter. Sales of reverse thrust electric motors are expected to be boosted by the increasing integration of sustainability in the aviation industry. Airline firms are being pushed to upgrade their aircraft by retrofitting older jets with modern thrust reverser systems due to ever-changing safety and environmental regulations. Manufacturers of aircraft thrust reversers that sell their products aftermarket will benefit greatly from this trend. Aircraft thrust reverser manufacturers should expect new business prospects as the aviation industry increasingly uses automation to increase safety and overall aircraft efficiency. Automating aircraft thrust reversers is likely to be pushed forward by the increasing demand for greater aircraft control and the widespread usage of modern digital technologies.
Report Coverage
Global Aircraft Thrust Reverser research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Aircraft Thrust Reverser report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Aircraft Thrust Reverser competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Aircraft Thrust Reverser market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Safran S.A. (France), Collins Aerospace (United States), Spirit AeroSystems (United States), Woodward, Inc. (United States), FACC AG (Austria), UTC Aerospace Systems (United States), Nexcelle (France), Liebherr Group (Switzerland), RUAG Group (Switzerland), Aernnova Aerospace (Spain), GKN Aerospace (United Kingdom), Daher (France), Barnes Group Inc. (United States), Curtiss-Wright Corporation (United States), Piper Aircraft, Inc. (United States), Middle River Aircraft Systems (United States), Ducommun Incorporated (United States), Kaman Aerospace Corporation (United States), AMETEK, Inc. (United States), Triumph Group, Inc. (United States). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Aircraft Thrust Reverser Market from 2021 to 2031.
- Market Forecast for Aircraft Thrust Reverser Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Aircraft Thrust Reverser competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Aircraft Thrust Reverser
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Aircraft Thrust Reverser market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Aircraft Thrust Reverser market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Safran S.A. (France), Collins Aerospace (United States), Spirit AeroSystems (United States), Woodward, Inc. (United States), FACC AG (Austria), UTC Aerospace Systems (United States), Nexcelle (France), Liebherr Group (Switzerland), RUAG Group (Switzerland), Aernnova Aerospace (Spain), GKN Aerospace (United Kingdom), Daher (France), Barnes Group Inc. (United States), Curtiss-Wright Corporation (United States), Piper Aircraft, Inc. (United States), Middle River Aircraft Systems (United States), Ducommun Incorporated (United States), Kaman Aerospace Corporation (United States), AMETEK, Inc. (United States), Triumph Group, Inc. (United States).
Primary Target Market
- Market Players of Aircraft Thrust Reverser
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Aircraft Thrust Reverser market based on the below-mentioned segments:
Global Aircraft Thrust Reverser Market, By Type
Forward
Reverse
Global Aircraft Thrust Reverser market, By Manufacturing Process
Hand layup
ATL/AFP
Resin infusion
Others
Global Aircraft Thrust Reverser Market, By End User
Commercial
Military
Business Jets
Global Aircraft Thrust Reverser market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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