"Global Aircraft Nacelle and Thrust Reverser Market Size study, byEnd User (OEM, Aftermarket), Material (Composites, Alloys, Stainless Steel), Product (Thrust Reverser, Aircraft Nacelle, Engine Build-up Unit, Exhaust System), Engine Type (Turbofan, Turboprop, Turboshaft), Aircraft Type (Fixed Wing,Military Aviation and Rotary Wing)and Regional Forecasts 2022-2028"

"Global Aircraft Nacelle and Thrust Reverser Market is valued approximately USD 4.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2022-2028.Aircraft nacelles are enclosed housings for turbine engines that are designed to be as streamlined as possible to reduce the aircraft's drag. Thrust reversers are an element of the engine nacelle system that divert exhaust gases to slow down the aircraft after landing. Clamshell doors that open and close at predetermined times are found on many thrust reversers.

 The most common aircraft having thrust reverser systems are passenger planes and large freight jets. While some aircraft, such as military planes, may use reverse thrust while in the air to perform steep descents, it is often used primarily on the ground.Safety features on private and commercial aeroplanes prevent thrust reversers from deploying while the plane is in the air.The proliferation of global air travel and the resulting need for new commercial aircraft are expected to propel the civil aircraft nacelle and thrust reverser industry forward. As per Statista, number of scheduled passengers boarded by airline industry reached  4.7 billion in 2019 from 1.9 billion in 2004. Furthermore, increase in defence spending  is expected to create growth opportunity in the market.However, manufacturers face a problem in developing innovative technology for aeroplane nacelles and thrust reversers because of the high R&D expenses involved.

The key regions considered for the global Aircraft Nacelle and Thrust Reverser Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.During the projected period, the North America is expected to increase at the fastest CAGR. North American countries such as the United States and Canada are focusing their investments in the aviation industry in order to keep up with European and Chinese manufacturers. The North American market is considered to be one of the strongest demand centres for aircraft parts and components, due to supportive legislation and attempts to reduce aviation emissions.

Major market player included in this report are:
Safran
Spirit Aerosystems
Facc Ag
Barnes Group, Inc
Woodward
Triumph Group, Inc.
Aernnova Aerospace Sa
Magellan Aerospace Corporation
Collins Aerospace
Gkn Aerospace

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

ByEnd User:
Original Equipment Manufacturer (OEM)
Aftermarket

By Material:
Composites
Alloys
Stainless Steel
By  Product:
Thrust Reverser
Aircraft Nacelle
Engine Build-up Unit
Exhaust System
By  Engine Type:
Turbofan
Turboprop
Turboshaft

By  Aircraft Type:
Fixed Wing
Military Aviation
Rotary Wing

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Aircraft Nacelle and Thrust Reverser Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors