The global aircraft exhaust system market size was USD 918.40 Million in 2022 and is expected to register a steady revenue CAGR of 7.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for sustainable systems and materials in the manufacture of aircraft and increasing use of Three Dimensional (3D) technology for exhaust system development are key factors driving market revenue growth.
Aircraft exhaust systems help in noise reduction to the maximum possible level, thus creating a smooth experience and maintenance of minimum speed required for flying the aircraft. The exhaust system averts potential fire incidents, thus improving safety standards of the aircraft due to increased temperature of aircraft. In addition, recent ongoing development of stealth aircraft exhaust systems with multiple technologically enhanced dynamics of exhaust systems is another key factor driving revenue growth of the market. For instance, Multiple Sixth Generation Fighter Aircraft dissipates are incorporating Infra-Red (IR) Obscurators in its stealth aircraft exhaust systems to dissipate the raised body temperature of aircraft due to skin friction between the air and movement of wings and fuselage. Moreover, incorporation of new technologies for the launch of new products is also expected to drive market revenue growth during the forecast period. For instance, on 22 May 2023, Textron Aviation announced the launch of the Cessna Citation Ascend, the newest business aircraft in the illustrious 560XL series. Pratt Whitney Canada PW545D engines with improved fuel efficiency, higher thrust, and extended time-on-wing will be available in the Citation Ascend.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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Competitive Terrain:
The global Aircraft Exhaust System industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Triumph Group, Magellan Aerospace, Ducommun Incorporated, Franke Group, Nexcelle, THE NORDAM GROUP LLC, GKN Automotive Limited, Exotic Metals Forming, Sulzer Ltd., and Hellenic Aerospace Industry.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Aircraft Exhaust System market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Aircraft Exhaust System market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Aircraft Exhaust System market.
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Market Segmentations of the Aircraft Exhaust System Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Aircraft Exhaust System market on the basis of product, application, and region:
Segments Covered in this report are:
Component Outlook (Revenue, USD Million; 2019-2032)
- Exhaust Pipe
- Exhaust Cone
- Exhaust Nozzle
- APU Exhaust Liner
- APU Exhaust Tube
- Turbochargers
- Others
System Outlook (Revenue, USD Million; 2019-2032)
- Engine Exhaust System
- Turbofan
- Turboprop
- Turboshaft
- Reciprocating Piston Type
- APU Exhaust System
- Engine Exhaust System
Aviation Type Outlook (Revenue, USD Million; 2019-2032)
- Commercial Aviation
- General Aviation
- Business Aviation
- Military Aviation
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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