Global Engine Nacelle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Engine Nacelle Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The nacelle is a basic supplement to the engines that make up the aircraft's propulsion system. It fixes the engine, optimizes the air flow through the engine, and protects the engine from any damage.

The Engine Nacelle system is an aerodynamic structure surrounding a jet engine.
It includes what is commonly referred to as the engine cowl, but also other components such as the air intake hood, fan hood, thrust reverser, core hood, and exhaust system.

Market Overview:

The latest research study on the global Engine Nacelle market finds that the global Engine Nacelle market reached a value of USD 7411.0 million in 2022. It’s expected that the market will achieve USD 10682.52 million by 2028, exhibiting a CAGR of 6.28% during the forecast period.

Limitations

With the development of the economy, people have higher demands on wages, which has led to an increase in labor prices in various regions of the world. In view of the fact that the production of engine nacelle requires more labor, the cost of manufacturers increases as labor costs increase.
The nacelle is an extremely complex integrated system. It requires years of experience in development, production, and supply. The larger the nacelle, the more technically difficult it is. For example, the larger the engine thrust, the larger its diameter, and the area of the nacelle will inevitably increase, which will inevitably increase the aerodynamic resistance and affect the flight efficiency. This will to some extent limit the production and development of nacelles.
Nacelles belong to the technology of 'low temperature components' and are one of the most important core components of aviation propulsion systems. Its cost accounts for about 1/4 of all engines. As the price of raw materials fluctuates, the cost of producing nacelles increases, leading to a decline in manufacturers' profit margins.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are UTC, Safran, Leonardo S.p.A with the revenue market share of 24.11%, 23.26% and 8.18% in 2018.

Collins Aerospace, a United Technologies subsidiary, is one of the world's largest suppliers of aerospace and defense products.

UTC Aerospace Systems (UTAS) was formed in August 2012 when parent United Technologies Corporation merged their existing subsidiary Hamilton Sundstrand with the newly acquired Goodrich Corporation.
On 26 November 2018, United Technologies announced the completion of its Rockwell Collins acquisition, after which it merged its newly acquired business with UTC Aerospace Systems to form Collins Aerospace. The new company reported $23 billion of combined sales in 2017 and is composed of 70,000 employees.
Collins Aerospace is engaged in designing, manufacturing and servicing systems and components for commercial, regional, business and military aircraft, helicopters and other platforms. Collins Aerospace is also a major supplier to international space programs.

Safran S.A. is a French multinational aircraft engine, rocket engine, aerospace-component and defense company. It was formed by a merger between the aircraft and rocket engine manufacturer and aerospace component manufacturer group SNECMA and the security company SAGEM in 2005.

Safran main operates in the aircraft propulsion and equipment, space and defense markets.

Segmentation Overview:

Among different product types, Pylons under wing segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Civil Jet Aircraft segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Engine Nacelle market covered in Chapter 3:

UTC
Bombardier
Triumph
NORDAM Group
Leonardo S.p.A
MRAS
Safran
GKN

In Chapter 4 and Chapter 14.2, on the basis of types, the Engine Nacelle market from 2018 to 2029 is primarily split into:

Rear mounted nacelle
Pylons under wing
Clipped at wing
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Engine Nacelle market from 2018 to 2029 covers:

Civil Jet Aircraft
Business Jet Aircraft
Private Jet Aircraft
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)