Exhaust System Market Growth has Attributed To Aviation Sector Expansion| Global Industry Overview With Competitive Landscape Through 2023

Global Aircraft Exhaust System Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Aircraft Exhaust System Market Research Report 2019 published By Market Research Future, provides information on Global Aircraft Exhaust System Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Engine Type (Turbine Engine System, Piston Engine System and APU System), by Application (Civil Aviation and Military Aviation), by End-User (OEM and Aftermarket) and by Region — Global Forecast till 2023

Exhaust system enhances performance and reduces the noise of the engine. The aircraft exhaust system is necessary for the engines as well as the auxiliary power unit (APU). Market Research Future (MRFR) has published a research report on the global aircraft exhaust system market that counts gains for this market at 7% CAGR (Compound Annual Growth Rate) between 2018 and 2023.

Analyzing the market structure, this report enumerates the future growth potential of the market on the basis of market drivers, market opportunities, market share analysis, financial analysis, Porter’s five forces, restraints, trends, and lastly, supply chain & value chain analysis. The report monitors the plans of the key players in the market and supports the competitive developments like joint ventures (JVs), product benchmarking, new product developments, mergers & acquisitions (M&A), patent analysis outlook, regulatory landscape, technology trends, research and developments (R&D) in the market.

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The biggest factors for global aircraft exhaust system market growth include growth in global air travel and subsequent demand for new commercial aircraft. Other important market driving factors include the rise in defense expenditure, focus on aircraft modernization programs, and subsequent demand for new combat aircraft. The factors leading to aftermarket growth include growing importance for aviation safety, initiatives taken for ensuring safe flight, growing requirement for maintenance, repair & operations (MRO). For the key market players, the opportunities for the market growth can grow via 3D printing technology for manufacturing exhaust system and use of advanced materials as well as composites in system fabrication.

Key Players

The key players in the global aircraft exhaust system market include-

• Aerobraze Engineered Technologies (USA)
• Aircelle (France)
• Collins Aerospace (USA)
• Doncasters Group Ltd. (UK)
• Esterline Technologies Corporation (USA)
• GKN Aerospace (UK)
• Magellan Aerospace Corporation (Canada)
• Nexcelle (USA)
• Senior Aerospace (USA)
• Sky Dynamics Corporation (USA)

Latest Industry News

Jabiru aircraft is working on new engine technology that is expected to make the aircraft exhaust system more efficient. 3 APR 2019

In the new Penguin C unmanned aircraft system (UAS), engine exhaust has been fitted with a silencer muffler. 16 MAR 2019

Market Segmentation and Geographic Overview

The global aircraft exhaust system market segmentation segments the market into application, end-users, engine type, and lastly, region. The application-based segmentation segments this market into civil aviation and military aviation. The civil aviation segment holds a larger market share due to the annually rising number of airline services worldwide.

Based on end-users, the market has been segmented into the original equipment manufacturer (OEM) and aftermarket. OEM segment holds the larger market share because various aircraft manufacturers are integrating these components with their offerings. Regarding engine type, the market has been segmented into auxiliary power unit (APU) system, piston engine system, and turbine engine system. The turbine engine segment holds the largest market share because as per the current trend, airlines are focusing on procuring turbine engines in order to increase fuel economy, which is generating the component requirement for the same.

The regional segmentation of the global aircraft exhaust system market segments the market into regional markets namely Europe, Asia Pacific, North America, and rest of the world (RoW). The largest market share in the global market is being held by North America due to the presence of many key market players in this region and heavy military budget (especially in the USA). After the USA, Canada and Mexico are the two other key country-specific markets in this region. Europe is another important regional market due to the reasons that are the same as in North America. In this region, the biggest country-specific markets are France, Germany, Russia, and the UK.

Asia Pacific region can rise as the fastest growing regional market during the forecast period due to the growing demand for both commercials as well as combat aircraft and rise in the number of airlines in countries like China and India. Due to growing economies and rising disposable income, the number of air passengers is increasing in these countries. Due to technological advancement and economic growth, another important country-specific market is Japan, followed by the remaining countries in the Asia Pacific region.

The RoW segment covers the countries of Latin America and the Middle East & Africa (MEA). Latin America is a small market because the availability of advanced technology is limited in this region. Argentina and Brazil are two important economies that have the potential to rise as lucrative markets in the future. In the MEA region, the market is limited due to poor countries, lack of education, lack of awareness, lack of skilled labor, lack of skilled professionals, and lack of technological advancement.

Report Key Insights

• Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments

• Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, along with key countries in each of the regions

• Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain & value chain analysis

• Technology Trend, Regulatory Landscape, and Patent Analysis Outlook

• Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic developments including JVs, Product Launch, and M&A

• Regional attractiveness and related growth opportunities

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