The Global Aircraft Engine Blades Market is projected to reach USD 35.33 billion by 2028, growing at a CAGR of 4.2% during the forecast period.
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Companies Covered: Major Companies profiled in the report which are key players in the global aircraft engine blades market include Rolls-Royce Holdings PLC, CFM International, GE Aviation, UTC Aerospace, Albany International Corporation, Pratt & Whitney, MTU Aero Engines, Lycoming Engines, GKN Aerospace, CFAN Company, and Safran Aircraft Engines. Information about companies that are included in this report specifically highlights future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments done by these companies in the global aircraft engine blades market.
The aircraft engine blades market is expected to grow during the forecast period due to increasing aircraft production on account of improving air passenger travel along with the rapid production of low-cost carriers. The adoption of composites in jet engines will be one of the leading trends for the development of aircraft engine blades market. GE Leap engines of the next generation are expected to have a significant amount of carbon-ceramic composites in high-pressure turbines instead of nickel-metal alloys. The usage of thin and lesser weighing blades is the innovation strategy of vendors as it reduces the fuel consumption up to 5% lesser than other engines and is driving the scope of jet engine blades market. Jet engine blades are the most crucial component of the turbine engine in a jet, which compiles gas or steam turbine in the turbine section and hence will witness a huge growth in the upcoming period. Stringent regulatory policies and standards are promoting aviation safety and are providing a positive outlook for the aircraft engine blades market expansion. For instance, in April 2018, the Federal Aviation Administration (FAA) announced the inspections of aircraft operating in the U.S. This encourages industry participants to continuously test and evaluate their engine blade products appropriately before commercializing.
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Key Factors Impacting the Growth of Aircraft Engine Blades Market:
• Increasing air passenger traffic.
• Increasing the use of composites in aircraft engines.
• Stringent regulatory policies and standards that promote aviation safety.
Market Segmentation:
By Material:
• Titanium
• Nickel Alloys
• Composites
• Others
By Size:
• 0-20 Inch
• 21-40 Inch
• 41-60 Inch
By Aircraft Type:
• Commercial
• General Aviation
• Regional
• Military
By Type:
• Fan Blades
• Compressor Blades
• Turbine Blades
By Fit:
• Line Fit
• Retro Fit
By Region:
• North America
◦ By Country (US, Canada, Mexico)
◦ By Material
◦ By Aircraft Type
◦ By Type
◦ By Fit
• Western Europe:
◦ By Country (Germany, UK, France, Spain, Rest of Western Europe)
◦ By Material
◦ By Aircraft Type
◦ By Type
◦ By Fit
• Eastern Europe:
◦ By Country (Russia, Turkey, Rest of Eastern Europe)
◦ By Material
◦ By Aircraft Type
◦ By Type
◦ By Fit
• Asia Pacific
◦ By Country (China, Japan, India, Rest of Asia Pacific)
◦ By Material
◦ By Aircraft Type
◦ By Type
◦ By Fit
• Middle East:
◦ By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
◦ By Material
◦ By Aircraft Type
◦ By Type
◦ By Fit
• Rest of the World
◦ By Region (South America, Africa)
◦ By Material
◦ By Aircraft Type
◦ By Type
◦ By Fit
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Reasons to Buy This Report:
• Market size estimation of the global aircraft engine blades market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
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