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Aircraft Thrust Reverser Market Analysis

  • Report ID: GMI2311
  • Published Date: May 2020
  • Report Format: PDF

Aircraft Thrust Reverser Market Analysis

Cascade reverser will account for more than 70% revenue share of the global market through 2026. This dominance can be credited to its features such as enhanced aerodynamic performance and improved aesthetics. Rising production of commercial aircraft is likely to stipulate this product’s demand.
 

Hand layup manufacturing process is expected to hold substantial aircraft thrust reverser market share in the coming years. This is attributed to its cost effectiveness and error-free operation. Increased flexibility in design and higher fiber content in the hand layup process is further boosting its popularity among the aircraft thrust reverser manufacturers.
 

Hydraulics segment is poised to dominate the market share during the forecast period. This dominance can be credited to its low installation cost. This mechanism also results into enhanced accuracy during flight takeoff and landings, positively influencing the market revenue.
 

Global aircraft thrust reverser market size by region

North America is predicted to hold a significant share of the global aircraft thrust reverser market due to increasing aircraft deliveries from the region. The region accounts for substantial share of aircraft production across the world. Furthermore, the presence of large number of aircraft manufacturers is propelling the market growth in the region.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of aircraft thrust reverser was valued at USD 2.3 billion in 2019.

The industry share of aircraft thrust reverser is projected to exhibit over 2.5% CAGR from 2020 to 2026.

According to the analysts at GMI, the narrow-body aircraft segment is anticipated to generate more than USD 1 billion revenue by 2026.

Cascade reverser segment will account for more than 70% revenue share of the global market through 2026, says this research report by Global Market Insights Inc.

Major players in the market are Bombardier, Safran, UTC Aerospace System, The Nordam Group, and GKN Aerospace.

North America is predicted to hold a significant share of the global market due to increasing aircraft deliveries from the region. Furthermore, the presence of large number of aircraft manufacturers is propelling the market growth in the region.

Aircraft Thrust Reverser Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 10
  • Tables & Figures: 272
  • Countries covered: 16
  • Pages: 175
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