Asia Pacific Region is Dominating Aircraft Engine Blade Market Growth by 2028
Increasing number of aircraft and periodic replacement of
blades drives the global Aircraft Engine Blade Market through 2028.
According
to TechSci Research report, “Aircraft Engine Blade
Market- Global Industry Size, Share, Trends, Competition, Opportunity, and
Forecast, 2018-2028”, Global
aircraft engine blade market is driven by increasing number of aircrafts in
developing region. The
vanes and valves that make up an aircraft engine blade can produce a constant
flow of gas by guiding and compressing the air inside the engines. A turbine blade
produces tangential force that rotates a turbine rotor; an aero foil positioned
in the rim of a turbine disc. Each turbine consists of many blades. The
production of turbine blades for jet engines will also see an increase in the
forthcoming years due to the increasing rate of gas turbine corrosion brought
on by the exposure of this technology to extreme temperatures and pollutants.
Due to its higher heat and corrosion-resistance
capabilities when combined with carbon-fiber-reinforced polymers, titanium has
recently developed into a potential replacement for aluminum parts for
manufacturing of aircraft engines. There are numerous uses for the super alloys
in both commercial and military aviation engines, including NIMONIC alloy 75
and those from the INCONEL alloy family, like INCONEL alloy 713C and INCONEL
alloy 601. The largest and most powerful engine in the world, the GE90, uses
composite carbon fiber composite engine blades. Numerous businesses
are receiving orders from the Middle East and the Asia Pacific region. For
example, GE has received 700 GE9x engine orders worth $29 billion from growing
Middle East airlines including Emirates, Qatar, and Etihad as well as
Lufthansa, Cathay Pacific, and All Nippon Airways. This results in growing
aircraft engine blade market in upcoming years.
Aircraft engine blade market based on the aircraft
type is majorly dominated by commercial aircraft segment due to rising
technology and developing air transport. In blade type in aircraft engine blade market,
compression aircraft holds the highest share. Based on end use, replacement
market is dominating as aircraft engine blades are replaced periodically to
maintain safety and efficiency.
On average, more
than 1,800 commercial aircraft were sold to various airline operators around
the world, with the Asia-Pacific region receiving around 40% of those
deliveries, according to reports. As a result, the market for aviation engine
blades is expanding in demand. Additionally, the market is propelled during the
anticipated era by routine engine blade replacement.
Browse more than xx market data Figures spread through XX Pages and an in-depth TOC on "Global Aircraft Engine Blade Market"
The global aircraft
engine blade market can be segmented based on aircraft type, blade type, material,
end use, region, and by company. Based on aircraft type, the market is
segmented into Commercial Aircraft, General Aviation, Regional Aircraft, and Military
Aircraft. Based on blade type, it is further divided into Compressor Blades,
Turbine Blades, and Fan Blades. Based on material, the aircraft engine blade
market is divided into Titanium, Nickel Alloy, Composites, and others. Based on
end use, it is divided into OEM and Aftermarket.
Some of the major companies operating in the global Aircraft Engine
Blade Market include:
- General Electric Company
- CFM International
- United Technologies Corporation
- Rolls-Royce Holdings PLC
- MTU Aero Engine
- Albany International Corporation
- Collins Aerospace
- Arconic Inc.
- Pratt & Whiteny
- GKN Aerospace
Download Free Sample Report
Customers can also request for 10% free customization
on this report.
“In
2022, Asia-Pacific region accounted for the largest market share in global aircraft
engine blade market and the region is expected to maintain its dominance over
the next years. With increasing air transport in developing countries and timely
maintenance of engine blades boost the market in upcoming years” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Aircraft Engine Blade Market- Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2017-2027” has
evaluated the future growth potential of global Aircraft Engine Blade Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global aircraft engine blade market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com