Aircraft Nacelle MarketThe Aircraft Nacelle Market was valued around USD 1,530 million in 2020 and is projected to grow at a robust CAGR over the forecast period (2021-2028).The factors driving the growth of Aircraft Nacelle Market includes rise in the air passenger traffic around the world, growing use of aircraft nacelles in commercial aircraft and business jets and increasing demand for fuel-efficient and noise-reducing nacelles. According to the report published by Bloomberg, the Global Commercial Aircraft Market is estimated to reach USD 192.76 billion by the end of 2030, expanding at a CAGR of 4.2% over the forecast period (2021-2028), which will boost the Aircraft Nacelle Market size in the approaching years. Moreover, the increasing Government budget on defense and military sector to procure advanced military aircrafts, growing adoption of additive manufacturing technology to produce nacelle systems and rapid growth in the travel and tourism industry, are some of the additional factors supplementing the market growth. As per PRS India, the Indian Air Force (IAF) has allocated INR 48,870 crore to induct modernized Aircraft and Heavy and Medium Vehicles, which will accelerate the demand for aircraft nacelle in India in the coming years.Request a free sample of this reportHowever, the growth of Aircraft Nacelle Market is hindered owing to high cost of procuring aircraft nacelles.The prominent players operating in the market are ST Engineering, Nexcelle, GKN Aerospace Services Limited, Raytheon Technologies Corporation, Leonardo S.p.A, Bombardier, Triumph Group, Aernnova Aerospace S.A, Barnes and Safran, among others.Material – Segment AnalysisAs per the Aircraft Nacelle Market Research Report, the Aluminum Alloys market is anticipated to expand at a remarkable CAGR during the forecast period due to emerging demand for enhanced transportation systems across the globe.Regional – Segment AnalysisAccording to the Aircraft Nacelle Market Analysis, the North American region is expected to capture a sizeable market share over the forecast period. Rise in the number of commercial flights, high Government expenditure on Defense budget, technological advancements in nacelles, high per capita income and increasing population growth rates, are some of the important factors augmenting the market growth in North America.Market SegmentationGlobal Aircraft Nacelle Market by MaterialStainless SteelTitanium AlloysNickel ChromiumCompositesAluminum AlloysGlobal Aircraft Nacelle Market by End UserOriginal Equipment ManufacturerMaintenance, Repair and OperationsGlobal Aircraft Nacelle Market by TypeRear Mounted NacellePylons Under WingClipped at WingGlobal Aircraft Nacelle Market by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: [email protected]: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Aircraft Nacelle MarketThe Aircraft Nacelle Market was valued around USD 1,530 million in 2020 and is projected to grow at a robust CAGR over the forecast period (2021-2028).The factors driving the growth of Aircraft Nacelle Market includes rise in the air passenger traffic around the world, growing use of aircraft nacelles in commercial aircraft and business jets and increasing demand for fuel-efficient and noise-reducing nacelles. According to the report published by Bloomberg, the Global Commercial Aircraft Market is estimated to reach USD 192.76 billion by the end of 2030, expanding at a CAGR of 4.2% over the forecast period (2021-2028), which will boost the Aircraft Nacelle Market size in the approaching years. Moreover, the increasing Government budget on defense and military sector to procure advanced military aircrafts, growing adoption of additive manufacturing technology to produce nacelle systems and rapid growth in the travel and tourism industry, are some of the additional factors supplementing the market growth. As per PRS India, the Indian Air Force (IAF) has allocated INR 48,870 crore to induct modernized Aircraft and Heavy and Medium Vehicles, which will accelerate the demand for aircraft nacelle in India in the coming years.Request a free sample of this reportHowever, the growth of Aircraft Nacelle Market is hindered owing to high cost of procuring aircraft nacelles.The prominent players operating in the market are ST Engineering, Nexcelle, GKN Aerospace Services Limited, Raytheon Technologies Corporation, Leonardo S.p.A, Bombardier, Triumph Group, Aernnova Aerospace S.A, Barnes and Safran, among others.Material – Segment AnalysisAs per the Aircraft Nacelle Market Research Report, the Aluminum Alloys market is anticipated to expand at a remarkable CAGR during the forecast period due to emerging demand for enhanced transportation systems across the globe.Regional – Segment AnalysisAccording to the Aircraft Nacelle Market Analysis, the North American region is expected to capture a sizeable market share over the forecast period. Rise in the number of commercial flights, high Government expenditure on Defense budget, technological advancements in nacelles, high per capita income and increasing population growth rates, are some of the important factors augmenting the market growth in North America.Market SegmentationGlobal Aircraft Nacelle Market by MaterialStainless SteelTitanium AlloysNickel ChromiumCompositesAluminum AlloysGlobal Aircraft Nacelle Market by End UserOriginal Equipment ManufacturerMaintenance, Repair and OperationsGlobal Aircraft Nacelle Market by TypeRear Mounted NacellePylons Under WingClipped at WingGlobal Aircraft Nacelle Market by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: [email protected]: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/