The global aircraft exhaust system market size was USD 918.40 Million in 2022 and is expected to register a steady revenue CAGR of 7.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for sustainable systems and materials in the manufacture of aircraft and increasing use of Three Dimensional (3D) technology for exhaust system development are key factors driving market revenue growth.
Aircraft exhaust systems help in noise reduction to the maximum possible level, thus creating a smooth experience and maintenance of minimum speed required for flying the aircraft. The exhaust system averts potential fire incidents, thus improving safety standards of the aircraft due to increased temperature of aircraft. In addition, recent ongoing development of stealth aircraft exhaust systems with multiple technologically enhanced dynamics of exhaust systems is another key factor driving revenue growth of the market. For instance, Multiple Sixth Generation Fighter Aircraft dissipates are incorporating Infra-Red (IR) Obscurators in its stealth aircraft exhaust systems to dissipate the raised body temperature of aircraft due to skin friction between the air and movement of wings and fuselage. Moreover, incorporation of new technologies for the launch of new products is also expected to drive market revenue growth during the forecast period. For instance, on 22 May 2023, Textron Aviation announced the launch of the Cessna Citation Ascend, the newest business aircraft in the illustrious 560XL series. Pratt & Whitney Canada PW545D engines with improved fuel efficiency, higher thrust, and extended time-on-wing will be available in the Citation Ascend.
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Competitive Terrain:
The global Aircraft Exhaust System industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Triumph Group, Magellan Aerospace, Ducommun Incorporated, Franke Group, Nexcelle, THE NORDAM GROUP LLC, GKN Automotive Limited, Exotic Metals Forming, Sulzer Ltd., and Hellenic Aerospace Industry.
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Additional information offered by the report:
Along with a complete overview of the global Aircraft Exhaust System market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Aircraft Exhaust System market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Exhaust Pipe
Exhaust Cone
Exhaust Nozzle
APU Exhaust Liner
APU Exhaust Tube
Turbochargers
Others
Engine Exhaust System
Turbofan
Turboprop
Turboshaft
Reciprocating Piston Type
APU Exhaust System
Commercial Aviation
General Aviation
Business Aviation
Military Aviation
Radical Highlights of the Aircraft Exhaust System Market Report:
Comprehensive overview of the Aircraft Exhaust System market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Aircraft Exhaust System market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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