Stratview Research announces the launch of a new research report on the Aeroengine Fan Blades Market is Segmented by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Regional Aircraft, Business Aircraft, and Military Aircraft), by Engine Type (Turbofan Engine, Turboprop Engine, and Turbojet Engine), by Material Type (Titanium & Alloys, Composites, Aluminium & Alloys, and Steel), by Process Type (Hand Layup, Resin Transfer Molding, Superplastic Forming, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Aeroengine Fan Blades consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
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The report delivers a detailed view of the industry based on global Aeroengine Fan Blades Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Covid-19 Impact analysis.
- Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
Highlights from the Report
Fan blades are among the most important components of an aircraft engine. There has been an evolutionary change in the design, size, structures, materials, and manufacturing process of fan blades over the past few decades. A large number of experimental and computational analysis have been carried out in engine fan blades, which have resulted in a change in design and efficiency of blades. Lightweight, increased engine thrust and efficiency, low-operating-cost, and laminar airflow into the engine are some focal points of development that are being achieved through the advancements in fan blade technologies.
The global aeroengine fan blades market is projected to grow at a healthy rate over the next five years to reach US$ 8,114.7 million in 2024. An organic growth of the aircraft industry, increasing share of wide-body aircraft in commercial aircraft deliveries, increasing penetration of composite fan blades in newer aircraft engines, increasing fan diameters of newer aircraft, and an expected increase in production of LEAP engines, are the key growth drivers of aeroengine fan blades market.
Based on the regions, North America is projected to remain the largest market during the forecast period, driven by the world’s leading aeroengine manufacturers i.e. GE Aviation, CFM International, and Pratt & Whitney. Most of the major engine manufacturers have assembly plants in the region to support the major aircraft OEMs. The USA is likely to remain the growth engine of the region’s market over the next five years.
Go Through the Full Scope of the Report Here: https://www.stratviewresearch.com/toc/348/Aeroengine-Fan-Blades-Market.html
According to the report, the key players of the market are –
- Safran Aircraft Engines,
- GE Aviation,
- Pratt & Whitney,
- CFAN Company,
- GKN Aerospace.
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