Aircraft Engine Exhaust Market Expected to Reach US ~$901.3 Million and CAGR 7.5% by 2028
The global aircraft engine exhaust market size is expected to reach USD 901.3 million by 2028 according to a new study by Polaris Market Research.
Modern airplane machines have been developed with elevated power output, significantly high by-pass ratio, and high sustainability. A surge in demand for improving flight efficiency, reducing noise from the machine, and efficient transfer of exhaust gasses are some of the prominent factors driving these systems’ demand in the industry.
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Besides, there is also an increasing focus on improving aerodynamics and reducing the weight of the aero-machines, which has led to the growing need for advancements in the design and technology of systems.
North America to retain its leading position in the market impelled by its leadership in aero machine manufacturing and strong capabilities in machine MRO activities. The world’s most powerful machine, GE9X, which is going to empower the upcoming wide-body airplane of Boeing B777x, has set the Guinness Book of World Record for generating 134,300 lbs of thrust, proving its capabilities. The machine is manufactured at GE’s site in Ohio, USA. The region is also a hub for military airplanes and business jet machines.
Industry stakeholders are working on offering sustainable solutions and optimizing the operational cost of machines for the airlines. In June 2021, FCS Finland launched the machine cooling system AFC-22, which significantly reduces machine downtime by cooling the engines in short intervals. It’s a sustainable product that connects the airplane engine’s exhaust nozzle with a specialized vacuum adaptor having a flexible hose.
Market participants include Doncasters, Ducommun, Esterline Technologies, Franke Industrie, GE Aviation, GKN Aerospace, Hellenic Aerospace Industry, Industria De Turbo Propulsores, Magellan Aerospace Corp., Nexcelle, Nordam Group, Northrup Grumman, Orbital ATK, Rolls Royce Holding Plc., Safran S.A., Senior Aerospace, Sky Dynamics Corporation, Triumph Group are some of the key players competing in the global market.
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Polaris Market Research has segmented the aircraft engine exhaust market report on the basis of system, aircraft, engine, and region:
Aircraft Engine Exhaust, System Outlook (Revenue–USD Million, 2016 – 2028)
- Engine Exhaust System
- APU Exhaust
Aircraft Engine Exhaust, Aircraft Outlook (Revenue – USD Million, 2016 – 2028)
- Regional Jet
- General Aviation
Aircraft Engine Exhaust, Engine Outlook (Revenue – USD Million, 2016 – 2028)
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