The report on the Aircraft Exhaust System Market published by Stratview Research covers in depth details associated with the Aircraft Exhaust System Market.
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The Aircraft Exhaust System Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Aircraft Exhaust System Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Aircraft Exhaust System Market:
Ducommun Inc.
Esterline Technologies
Exotic Metals
Franke Industries
Sulzer Ltd.
GKN Aerospace
Hellenic Aerospace Industry
Industria De Turbo Propulsores
Ebara Corporation.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Aircraft Exhaust System Market value and growth drivers over the trend period of 2022-27. According to the report –
Aircraft Exhaust System Market is likely to witness an impressive CAGR of 8.2% during the forecast period. The increasing use of low drag, lightweight sound suppressant exhaust components is the major growth driver of the global aircraft exhaust system market. Aircraft exhaust systems majorly contribute to the total aircraft nacelle weight and drag. The new low drag, lightweight exhaust components support in enhancing the fuel efficiency of aircraft, and thus the demand for such components is on the rise.
Segment Analysis:
Based on Components Type:
Based on the components type, the market is segmented as exhaust cone, exhaust pipe, exhaust nozzle, APU exhaust liner, APU exhaust tube, turbocharger, and others. The exhaust nozzle segment is estimated to dominate the market during the forecast period. Exhaust nozzle is constantly in demand as it is a part of any exhaust system which endures high temperature cycles and has to be repaired and replaced quite often.
Based on Region:
In terms of regions, North America is estimated to lead the aircraft exhaust system market during the forecast period, supported by replacement of aging fleets and the high demand for new aircraft. Asia-Pacific is estimated to be the fastest-growing market, owing to the increase in modernization agendas in the Asia Pacific’s aviation industry, which is likely to contribute to a high adoption of advanced aircraft exhaust systems. These factors are expected to further bolster the demand for aircraft exhaust systems in the APAC region during the forecast region. China and India are the growth engines of the region.
Critical Questions Answered in the Report
• What are the key trends in the Aircraft Exhaust System Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on Aircraft Exhaust System Market?
• What are the key strategies adopted by the major vendors to lead in the Aircraft Exhaust System Market?
• What is the market share of the top vendors?
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