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Global Aircraft Thrust Reverser Market: By Component: Engine Cowl, Fan Cowl, Thrust Reverser; By Material: Composites, Metals, Aluminum Alloys, Titanium Alloys, Others; By Mechanism; By End User; By Aircraft Type; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Aircraft Thrust Reverser Market Outlook

The global aircraft thrust reverser market is being aided by the growing aircraft nacelle and thrust reverser industry, which attained a value of USD 2.43 billion in 2020. The aircraft nacelle and thrust reverser industry is further expected to grow at a CAGR of 5% in the forecast period of 2021-2026.

 

Global Aircraft Thrust Reverser Market

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Increasing Demand from the Commercial Aircraft Segment to Bolster the Growth of the Aircraft Thrust Reverser Industry

Based on aircraft type, commercial aircrafts account for a significant share in the market owing to the rising travel and tourism industry, which is likely to propel the number of air passengers every year. The growing charm among youth to travel to various exotic destinations will further propel the demand for commercial aircrafts. Meanwhile, the demand for military aircraft is also expected to be significant owing to the increasing demand in developing economies to protect their sovereignty and enhance defence capabilities.

On the basis of end use, the OEM segment accounts for a significant share in the market. This can be attributed to the responsibility of OEM for the installation of thrust reverser components. Also, after the delivery of aircraft, it is hard to make further modifications.

 

Increasing Demand for Aluminium Alloys to Boost the Aircraft Thrust Reverser Industry Growth

On the basis of material, aluminium alloys account for a significant share in the market and are expected to lead the market in the forecast period as well, owing to the strength and higher temperature enduring capacity of the material. Commercial aircrafts such as Boeing 747 is known to be an aluminium airplane.

 

North America to Augment the Growth of the Aircraft Thrust Reverser Industry

High demand for new aircrafts, buttressed by latest innovation and technological features, and the growing need for replacement of aging fleets has bolstered the North America aircraft thrust reverser industry growth. This factor is likely to make the North American market quite dominant in the forecast period. Meanwhile, the modernisation programmes in the Asia Pacific aviation industry is expected to aid the industry growth in the region.

 

Aircraft Thrust Reverser: Industry Definition and Segmentation

An aircraft thrust reverser is a component of an aircraft that allows it to it decelerate or slow down just after touchdown. A thrust reverser basically acts against the forward travel of an aircraft. It is a critical component of many jet aircrafts and are considered important for safe operations by airlines.

 

Global Aircraft Thrust Reverser Market By Materials

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Based on component, the market is divided into:

  • Engine Cowl
  • Fan Cowl
  • Thrust Reverser

By material, the industry can be segmented into:

  • Composites
  • Metals
  • Aluminium Alloys
  • Titanium Alloys
  • Nickel Chromium
  • Stainless Steel
  • Others

On the basis of mechanism, the industry can be bifurcated into:

  • Hydraulic
  • Electrical

Based on end-use, the market can be segmented into:

  • OEM
  • MRO

On the basis of aircraft type, the market can be categorised into:

  • Commercial 
  • Business Jet
  • Military Aircraft

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Aircraft Thrust Reverser Market By Region

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Increasing Focus on Aircraft Safety and the Increasing Number of Passengers to Augment the Growth of the Aircraft Thrust Reverser Industry

The stringent regulations by the government and the growing awareness among the airline companies about the safety and security of passengers are the major factors driving the market growth in the historical period. However, the COVID-19 virus hampered the market significantly, but the market growth is likely to be propelled by the rising population and the growing enthusiasm among people to travel and explore. The market is anticipated to be aided by the increasing shift towards air transportation, which, in turn, is expected to accelerate the demand for commercial aircrafts. This factor will further bolster the market recovery from the adverse impact of COVID-19 in the forecast period.

 

Key Industry Players in the Global Aircraft Thrust Reverser Market

The report gives a detailed analysis of the following key players in the global aircraft thrust reverser market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Safran
  • FACC AG
  • Collins Aerospace 
  • Woodward Inc
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Material, Mechanism, End User, Aircraft Type, Region
Breakup by Component Engine Cowl, Fan Cowl, Thrust Reverser
Breakup by Material Composites, Metals, Aluminum Alloys, Titanium Alloys, Nickel Chromium, Stainless Steel, Others
Breakup by Mechanism Hydraulic, Electrical
Breakup by End User OEM, MRO
Breakup by Aircraft Type Commercial, Business Jet, Military Aircraft
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Safran, FACC AG, Collins Aerospace, Woodward Inc, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Aircraft Thrust Reverser Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Aircraft Thrust Reverser Historical Market (2016-2020) 
    8.3    Global Aircraft Thrust Reverser Market Forecast (2021-2026)
    8.4    Global Aircraft Thrust Reverser Market by Component
        8.4.1    Engine Cowl
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Fan Cowl
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Thrust Reverser
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Aircraft Thrust Reverser Market by Material
        8.5.1    Composites
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Metals
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Aluminum Alloys
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Titanium Alloys
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Nickel Chromium
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Stainless Steel
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2016-2020)
            8.5.6.3    Forecast Trend (2021-2026)
        8.5.7    Others
    8.6    Global Aircraft Thrust Reverser Market by Mechanism
        8.6.1    Hydraulic
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Electrical
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Aircraft Thrust Reverser Market by End User
        8.7.1    OEM
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    MRO
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
    8.8    Global Aircraft Thrust Reverser Market by Aircraft Type
        8.8.1    Commercial
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2016-2020)
            8.8.1.3    Forecast Trend (2021-2026)
        8.8.2    Business Jet
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2016-2020)
            8.8.2.3    Forecast Trend (2021-2026)
        8.8.3    Military Aircraft
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2016-2020)
            8.8.3.3    Forecast Trend (2021-2026)
    8.9    Global Aircraft Thrust Reverser Market by Region
        8.9.1    Market Share
            8.9.1.1    North America
            8.9.1.2    Europe
            8.9.1.3    Asia Pacific
            8.9.1.4    Latin America
            8.9.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    Asean
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Safran
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    FACC AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Collins Aerospace
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Woodward Inc
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Aircraft Thrust Reverser Market: Key Industry Highlights, 2016 and 2026
2.    Global Aircraft Thrust Reverser Historical Market: Breakup by Component (USD Billion), 2016-2020
3.    Global Aircraft Thrust Reverser Market Forecast: Breakup by Component (USD Billion), 2021-2026
4.    Global Aircraft Thrust Reverser Historical Market: Breakup by Material (USD Billion), 2016-2020
5.    Global Aircraft Thrust Reverser Market Forecast: Breakup by Material (USD Billion), 2021-2026
6.    Global Aircraft Thrust Reverser Historical Market: Breakup by Mechanism (USD Billion), 2016-2020
7.    Global Aircraft Thrust Reverser Market Forecast: Breakup by Mechanism (USD Billion), 2021-2026
8.    Global Aircraft Thrust Reverser Historical Market: Breakup by End User (USD Billion), 2016-2020
9.    Global Aircraft Thrust Reverser Market Forecast: Breakup by End User (USD Billion), 2021-2026
10.    Global Aircraft Thrust Reverser Historical Market: Breakup by Aircraft Type (USD Billion), 2016-2020
11.    Global Aircraft Thrust Reverser Market Forecast: Breakup by Aircraft Type (USD Billion), 2021-2026
12.    Global Aircraft Thrust Reverser Historical Market: Breakup by Region (USD Billion), 2016-2020
13.    Global Aircraft Thrust Reverser Market Forecast: Breakup by Region (USD Billion), 2021-2026
14.    North America Aircraft Thrust Reverser Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    North America Aircraft Thrust Reverser Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Europe Aircraft Thrust Reverser Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Europe Aircraft Thrust Reverser Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Asia Pacific Aircraft Thrust Reverser Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Asia Pacific Aircraft Thrust Reverser Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Latin America Aircraft Thrust Reverser Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Latin America Aircraft Thrust Reverser Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Middle East and Africa Aircraft Thrust Reverser Historical Market: Breakup by Country (USD Billion), 2016-2020
23.    Middle East and Africa Aircraft Thrust Reverser Market Forecast: Breakup by Country (USD Billion), 2021-2026
24.    Global Aircraft Thrust Reverser Market Structure

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