June 3, 2020

Aircraft Exhaust System Market: To Surge At A Robust Pace In Terms Of Revenue Over 2027

Aircraft Exhaust System Market - Introduction

An aircraft’s exhaust system is critical to flight security. Unreliable exhaust systems can lead to carbon monoxide poisoning, fire, or loss of engine performance in the aircrafts. The exhaust system must be in great condition and free of split. The exhaust system must be in good condition and do not have cracks. The aircraft exhaust system is one of the substantial component of the aircraft propulsion system. The exhaust system that is existing inside the aircraft accords with the risers, exhaust stacks, tailpipes, wyes, exhaust suppressors, and turbo exhaust transitions. Exhaust systems remain the irresistible system as far as usefulness and occasionally experience outrageous recurring cycles of stress and strain due to being situated at the behind of aircraft motor.

Commercial aviation sector is expected to contribute majorly compared to others in the global aerospace industry due to the flowing demand for commercial jet airliners with increasing air passenger traffic. Approximately each aircraft employed for regional and commercial travel purposes on the principles of aircraft exhaust system that are turbofan based, which are identified as the most demanding and expensive compared to others. With collective delivery of fighter aircraft, military aviation sector is likely to pose notable occasions for growth of aircraft exhaust system market.

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Aircraft Exhaust System Market – Competitive Landscape

GKN Aerospace

GKN Aerospace is the original aerospace modernizer. GKN Aerospace technologies is inspired and industrialized by the aerospace industry, combining engineering superiority and technology leadership. This is a major aircraft exhaust system manufacturer with about 17,000 employees in 50 manufacturing locations in 15 countries across the world. This company is the first to implement lightweight materials like thermoplastic composites and fiber metal laminates in aircraft components, achieving comparative weight savings of around 25% for major passenger aircraft.

Magellan Aerospace

Magellan Aerospace Corporation, designs, engineers, and manufactures aero engine, and aero structure assemblies and components for aerospace markets in Canada, the United States, Europe, and Asia. The company is engaged in offering aero engines products, including engine frames, compressor and fan cases, turbine cases, shafts, rotor spools, discs and blisks, and gearbox housings; and combustion liners and cases, exhaust frames and systems, engine bypass ducts and frames, acoustically treated exhaust systems, and fan cowl doors, as well as repair and overhaul services.

Triumph Group, Inc.

Triumph Group, Inc. engineers, manufactures, repairs, designs, overhauls and distributes a products of aero structures, accessories, aircraft components, and subassemblies systems. The Company offers the aviation industry, including original equipment manufacturers (OEMs) of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. The Company offers a range of products and services to the aerospace industry through three segments.

Ducommun Incorporated

Ducommun Incorporated, is a global provider of engineering and manufacturing services for numerous products and applications used mainly in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions. The company operates through two segments that are electronic systems (ES) and structural systems (SS).

Scintrex Geoscientific Sensors

Nexcelle LLC is involved in the design, development, manufacture, and support of integrated propulsion systems in commercial airliners and business jets. The products offered by the company include nacelles, thrust reversers, and exhaust systems for various aircraft, including single-aisle jetliners. The company a joint venture between Middle River Aircraft Systems and Aircelle.

Some of the key players operating in the global Aircraft Exhaust System market with significant developments include GKN Aerospace, Magellan Aerospace, Triumph Group, Ducommun, Nexcelle, Nordam, Orbital ATK, Esterline Technologies, Franke Industrie, and Senior Aerospace.

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Aircraft Exhaust System Market – Dynamics

Continuous investments in R&D for Aircraft Exhaust System

Major players in the industry are unceasingly capitalizing in R&D for developing progressive exhaust systems with a focus on dropping weight and improving efficiency. The development of electronic thrust reverser actuation system (ETRAS) with the grouping of an electrical thrust reverser actuation controller (ETRAC) and thrust reverser power unit (TRPU) authorizes for automated thrust reverser operation via electromechanical actuators, thereby intensifying the aircraft exhaust system market share.

Stringent government regulations are expected to upsurge the market

Stringent government regulations affecting to the safety aspects of the aircraft exhaust systems are providing a positive outlook for the aircraft exhaust system market expansion. For example, the Federal Aviation Administration (FAA) sets numerous guidelines and policies counting fire-proofing, corrosion resistance, and ability to withstand significantly high vibrations and inertia loads, thereby expanding the market share over the projected timeframe. So the stringent regulations relating to reducing carbon emissions along with refining flight competence are further supportive to the industry demand.

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