Aircraft Thrust Reverser Actuation Systems Market by Type and Geography - Forecast and Analysis 2021-2025

Published: Apr 2021 Pages: 120 SKU: IRTNTR40892

The aircraft thrust reverser actuation systems market has the potential to grow by USD 174.59 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.45%. This aircraft thrust reverser actuation systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The aircraft thrust reverser actuation systems market report also offers information on several market vendors, including Arkwin Industries Inc., Diakont Advanced Technologies Inc., General Electric Co., Honeywell International Inc., Parker Hannifin Corp., Raytheon Technologies Corp., Safran SA, Technodinamika Holding Co., Triumph Group Inc., and Woodward Inc. among others. Furthermore, this report extensively covers market segmentation by application (commercial aircraft, business jet, and military aircraft) and geography (North America, Europe, APAC, South America, and MEA).

What will the Aircraft Thrust Reverser Actuation Systems Market Size be in 2021?

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Aircraft Thrust Reverser Actuation Systems Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The need for thrust reversers to tackle adverse climatic conditions during landing is notably driving the aircraft thrust reverser actuation systems market growth, although factors such as delay in delivery due to technical glitches may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the aircraft thrust reverser actuation systems industry get your FREE report sample now.

  • The need for thrust reversers to tackle adverse climatic conditions during landing has been identified as one of the critical aircraft thrust reverser actuation systems market growth drivers.
  • Thrust reversers act as an additional braking system if the main breaks fail during landing.
  • Thrust reversers provide an additional stopping force on slippery and wet runways.
  • Airports located in Europe and North America experience severe ice accumulation on runways, which hinders the smooth landing of aircraft. In such situations, when the wheel brakes and aerodynamic braking systems fail to halt the aircraft, thrust reversers are very effective.
  • Under normal weather conditions, pilots use thrust reversers to reduce the amount of required wheel braking, which helps extend the lifespan of wheel brakes. Moreover, in case of aborted landings and takeoffs, they provide safety and control margins.
  • The use of additive manufacturing for thrust reverser actuation system components is one of the critical aircraft thrust reverser actuation systems market trends.
  • Additive manufacturing has helped vendors in producing intricately shaped and lightweight components in a cost-effective manner.
  •  The use of 3D printing in the aerospace industry guarantees reduced assembly time, material wastage, and general costs.
  • The Canadian additive manufacturing company Burloak Technologies partnered with Safran Landing Systems, a global vendor in aircraft landing and braking technology, to develop 3D printed aircraft landing gear components.
  • Safran Group, a global player in the aerospace industry, in March 2019, announced the opening of a USD 75.6 million greenfield additive manufacturing unit in Bordeaux, France, to enhance the production of thrust reverser actuation system components.

This aircraft thrust reverser actuation systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Aircraft Thrust Reverser Actuation Systems Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Arkwin Industries Inc.
  • Diakont Advanced Technologies Inc.
  • General Electric Co.
  • Honeywell International Inc.
  • Parker Hannifin Corp.
  • Raytheon Technologies Corp.
  • Safran SA
  • Technodinamika Holding Co.
  • Triumph Group Inc.
  • Woodward Inc.

 

The aircraft thrust reverser actuation systems market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the aircraft thrust reverser actuation systems market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Aircraft Thrust Reverser Actuation Systems Market?

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34% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for the aircraft thrust reverser actuation systems market in North America. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA.

The rising spending in the military aircraft market and the growing demand for fuel-efficient, newer-generation commercial aircraft will facilitate the aircraft thrust reverser actuation systems market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Aircraft Thrust Reverser Actuation Systems Market?

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The aircraft thrust reverser actuation systems market share growth by the commercial aircraft segment is expected to be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the aircraft thrust reverser actuation systems market size.

 

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What are the Key Factors Covered in this Aircraft Thrust Reverser Actuation Systems Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aircraft thrust reverser actuation systems market growth during the next five years
  • Precise estimation of the aircraft thrust reverser actuation systems market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aircraft thrust reverser actuation systems industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aircraft thrust reverser actuation systems market vendors

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Aircraft Thrust Reverser Actuation Systems Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 174.59 million

Market structure

Concentrated

YoY growth (%)

2.19

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 34%

Key consumer countries

US, UK, China, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Arkwin Industries Inc., Diakont Advanced Technologies Inc., General Electric Co., Honeywell International Inc., Parker Hannifin Corp., Raytheon Technologies Corp., Safran SA, Technodinamika Holding Co., Triumph Group Inc., and Woodward Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Commercial aircraft - Market size and forecast 2020-2025
    • Business jet - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

    • Customer Landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Arkwin Industries Inc.
    • Diakont Advanced Technologies Inc.
    • General Electric Co.
    • Honeywell International Inc.
    • Parker Hannifin Corp.
    • Raytheon Technologies Corp.
    • Safran SA
    • Technodinamika Holding Co.
    • Triumph Group Inc.
    • Woodward Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    INFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases

    DATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts

    REPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape

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    Key Questions Answered

    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?

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    • Five-force market analysis