Market Overview:

The future of the global market for aircraft engine blades looks bright with opportunities in commercial aircraft, general aviation, regional and military.

The global market for aircraft engine blades is expected to decline in 2020 due to the economic recession caused by COVID-19. However, the market will experience a recovery in 2021 and is expected to reach around $ 37.8 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025.

The main growth drivers of this market are the increase in aircraft deliveries and periodic replacement of engine blades. Compressor vanes are expected to remain the most important segment during the outlook period due to the need for more vanes in aircraft engine compressors. Blades for turbine applications are expected to see the highest growth during the projection period.

Recent Developments:

CFM International, the 50/50 joint venture between GE and Safran Aircraft Engines, released a new service bulletin for operators of CFM56-7B engines, powering the Boeing 737 Next-Generation. Requires inspections of the service motor vanes.

GE Aviation is in the process of designing a new, slimmer turbine fan blade for its GE9X engine, which will be produced in a new carbon fiber composite material, a change it says would improve airflow through the engine, making it more efficient and with lower fuel consumption. The redesign will mean that the GE9X will have fewer blades and thinner blades than any other GE wide-body turbojet.

Market Drivers and Restraints:

The demand for new engines generates demand for compressors and turbine blades and blades. With the growth of the aviation market, new orders for fuel-efficient aircraft could continue to drive market growth. Advances in material technology to generate lightweight blades and fan structures are also supporting market growth. Composites are one of those developments, which is becoming a trend in motor fan blades. Additionally, the aviation industry is moving toward electrical architecture, for a number of reasons. Reducing emissions from aircraft is one of the main drivers of the adoption of electric and hybrid approaches. This move toward new architectures will further stimulate the penetration of agile technologies in the design and manufacture of fans, turbines, and engine blades.



To know more read:

https://www.marketdataforecast.com/market-reports/aircraft-engine-blades-market

Report is segmented as:

By Blade Type:

Compressor Blades
Turbine Blades
Fan Blades
By Aircraft Type:

Commercial Aircraft
General Aviation
Regional Aircraft
Military Aircraft
By End Use Type:

OEM
After market
By Manufacturing Technology:

Investment Casting
Forging
Others
By Blade Size:

0-20
21-40
41-60
By Material:

Titanium
Nickle Alloy
Composites
Others


Geographical segmentation:

Based on the geography, the global aircraft engine blades market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these regions, Asia-Pacific is currently experiencing a steep rise in the number of passengers opting for air travel

Key market players:

CFM International, GE Aviation, and UTC Aerospace, Rolls-Royce Holdings PLC, MTU Aero Engine, and Albany International Corporation and others are among the key aircraft engine blade manufacturers.

View sample and decide:

https://www.marketdataforecast.com/market-reports/aircraft-engine-blades-market/request-sample

Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/