Global Aircraft Exhaust System Market To Grow At 7.5% CAGR (2018 – 2025)
A global aircraft exhaust system market in terms of revenue is expected to reach US$ 1018.3 Million by 2025 at 7.5% CAGR between 2018 and 2025, as per new market research report titled Global Aircraft Exhaust System Market(By aircraft type- Passenger, Cargo, Helicopters, Amphibious, Others. By engine type- Turbojet, Turboprop, Turboshaft, Turbofan. By application type- Defence and Military, Commercial, Private, Others. By Country-The U.S., Canada, France, Germany, Italy, The U.K., Spain, China, Japan, and India)
The aircraft exhaust system is one of the major components of the aircraft propulsion mechanism. The exhaust system that is present inside the aircraft co-exist with the exhaust stacks, exhaust mufflers, tailpipes, wyes, risers, and turbo exhaust transitions. Unlike other exhaust system, the aircraft exhaust systems are a multifaceted one. These exhaust systems are specifically designed for taking care of engine NHS along with preventing the melting by handling the external and internal temperature variances. The purpose of this exhaust system is to take the gases and the heat away from the engine as it could cause a sudden fire outbreak.
The aircraft exhaust system also prevents gas leakage inside the cockpit. The sudden demand for lightweight and energy efficient with less gas radiating fumes framework are the prime factors enlarging the development of this market. Advancing, expanding government arrangements in regard to adjustment of exhaust systems much of the time combined with expanded worry for fixing and substitution exercises to forestall mishaps are further augmenting the demand for the global aircraft exhaust system market amid the estimated time frame.
In the recent market research report that was published by Sheer Analytics & Insights, the aircraft exhaust market has different segmentations. Geographically, the global aircraft exhaust systems market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Honeywell Aerospace and GE Aviation have recently confirmed their plans for supplying a new engine with an integrated avionics cockpit for theAerion’s AS2 supersonic business jet at the National Business Aviation Association’s (NBAA) 2018 annual conference and exhibition this week. The Affinity engine would come with a twin fan turbofan and a twin shaft that would be capable of fast flying, faster than the speed of sound over the water while making a flight at the subsonic speed over the land.
The engine would also support the altitude ceiling of 60,000 feet. GE Aviation also plans to design the next generation Full Authority Digital Engine Control (FADEC) system for the aircraft. GE Aviation Head of Business and General Aviation Brad Mottier said that “This isn’t a case of just taking an engine and putting it in a nacelle pod on the side of an airplane or under a wing. There are two fans on this engine with the highest bypass ratio ever for any supersonic engine.”
Some of the major industry players in the global aircraft exhaust system market include companies like Triumph Group, Magellan Aerospace.,Ducommun, Esterline Technologies, Nexcelle, Safran Nacelles, Aerospace Manufacturing, Inc, Knisley Exhaust, Power Flow Systems, Inc and others.
Global Aircraft Exhaust System Market and its segmentation
Global Aircraft Exhaust System Market: By Aircraft Types
Global Aircraft Exhaust System Market: By Engine Types
Global Aircraft Exhaust System Market: By Application
* Defense and Military
Global Aircraft Exhaust System Market: By Geography
* North America
* The U.S.
* Rest of Europe
* Rest of Asia Pacific
The Middle East and Africa
* South Africa
* Rest of the Middle East and Africa
* Rest of Latin America