Business Description
Global Aircraft Thrust Reverser Market was worth US$ 1.4 Bn in 2017 and expected to reach US$ 2.4 Bn by 2026 with a CAGR of 5.01% in the forecasting period.
The aircraft thrust reverser market is segmented based on product, aircraft, manufacturing process, mechanism, and geography. In terms of product, the aircraft thrust reverser market is divided into the cascade, pivot door, and bucket. Based on aircraft, the market is classified as large widebody, medium widebody, small widebody, single-aisle, and regional jets. On the basis of a manufacturing process, the aircraft thrust reverser market is categorized into hand layup, ATL/AFP, and resin infusion. In terms of mechanism, the aircraft thrust reverser market is segregated into hydraulic and electric. Region wise into North America,
Europe, Asia Pacific, Middle East & Africa and Latin America.
Global Aircraft Thrust Reverser Market
Rising safety regulations along with growth in commercial aircraft are the key factors driving the industry demand from 2017 to 2026. Deployment of the product offers decreased landing distance, early stopping and reduce wearing of brakes. Increasing disposable income resulting in growth in air travel and tourism will fuel the demand for the commercial airplane. Moreover, affordable flight prices and increasing FDI in the aviation industry will drive the aircraft thrust reverser market size over the forecast timeline. Continuous safety checks of the airplane body and engine maintenance will positively boost the aircraft thrust reverser market growth.
Global Aircraft Thrust Reverser Market
This information reported by
Maximize Market Research Company
