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Top 4 Companies Fuelling the Global Aircraft Thrust Reverser Market, Aided by the Growing Focus on Aircraft Safety

Aircraft Thrust Reverser Market

 

Safran, FACC AG, Collins Aerospace, and Woodward Inc, among others, are the major players in the global aircraft thrust reverser market.

 

The global aircraft thrust reverser market is supported by the growth of the global aircraft nacelle and thrust reverser market, which is expected to grow at a CAGR of 5% in the forecast period of 2023-2028.

 

Thrust reversers are integral in safely deaccelerating an aircraft, enabling short landing distance on the runway, and reducing wear and tear on breaks. There is an increasing use of thrust reverse systems in large cargo jet aircraft, passenger airlines, and military planes for performing steep descents. With the growing focus on safety in passenger aircraft, thrust reversers are increasingly used in assisted landing applications. Hence, the surging air travel owing to rising disposable incomes, growing interest in travelling, and the emergence of low-cost airlines are anticipated to significantly boost the demand for thrust reverser systems.

 

Technological advancements and innovations by key players are expected to drive the demand for aircraft thrust reversers offering enhanced safety and durability. Various leading companies are developing aircraft thrust reversers that provide acoustic treatment to contribute to propulsion systems for reducing noise footprint. Aircraft thrust reversers made up of carbon fibre composite are increasingly used to improve noise attenuation, high lifespan, and weight reduction of aircraft, among others. Moreover, key players are offering technical and maintenance support for supporting planned and unplanned MRO services of aircraft thrust reversers.

 

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Top 4 Aircraft Thrust Reverser Companies in the World:

Safran

Establishment: 2005
Headquarters: Paris, France
Website: https://www.safran-group.com/

 

Safran is a high-technology company that operates in the defence, aviation, and space sectors. It aims to boost the sustainability, accessibility, and comfortability of air transport while creating a sustainable and safe world. In November 2022, Safran Electronics & Defense acquired Syrlinks to consolidate its position as a leading OEM for delivering sovereign space solutions.

 

FACC AG

Establishment: 1989
Headquarters: Ried im Innkreis, Austria
Website: https://www.facc.com/en

 

FACC AG is a leading aerospace company that develops, manufactures, and designs advanced lightweight systems for the aerospace sector. The company works with customers to advance mobility solutions for the future. It has 13 international locations around the world. It aims to contribute to new mobility through efficient and sustainable methods.

 

Collins Aerospace

Establishment: 2018
Headquarters: North Carolina, United States
Website: https://www.collinsaerospace.com/

 

Collins Aerospace is one of the most prominent manufacturers and suppliers of defence and aerospace products. Its comprehensive portfolio, capabilities, and expertise aim to solve the toughest challenges of customers for meeting the growing demands of global markets. The company operates more than 300 sites across the globe. In October 2022, the company introduced new and upgraded functionality and features to Izon™, its connected platform.

 

Woodward Inc.

Establishment: 1870
Headquarters: Illinois, United States
Website: https://www.woodward.com/

 

Woodward, Inc. is a company that is engaged in the manufacturing, design, and service of energy control and conversion solutions for the industrial equipment and aerospace sectors. Its innovative combustion, propulsion, electrical, and motion control systems can perform in some of the most demanding environments in the world. The company manufactures actuation systems, turbine powered aircrafts, and motion control solutions for the aerospace sector.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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