Aircraft Engine Blade Market Trends, Analysis & Forecast, 2019 – 2025

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Aircraft Engine Blade Market Size Growth During
Forecast Period.
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Key Insights from Aircraft Engine Blade Market

• Aircraft Engine Blade Market size is predicted to
  observe healthy CAGR during the forecast period
  impelled by increasing aircraft production on
  account of improving air passenger travel along
  with the proliferation of low-cost carriers.
  Increasing defense budget globally are providing
  a positive outlook for the industry expansion.
• Technological advancements in the product are
  expected to significantly boost the aircraft
  engine blade market share over the projected
  timeframe. For instance, in 2017, Rolls Royce
  launched its single-crystal turbine blades, that
  are made with the combination of nickel and
  aluminum alloys. Additionally, the single-crystal
  structure enables for bearing heavier mechanical
  loads resulting from the high rotational speeds,
  thereby improving efficiency.

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Continued

• Stringent regulatory policies and standards are
  promoting aviation safety and are providing a
  positive outlook for the aircraft engine blade
  market expansion. For instance, in April 2018,
  the Federal Aviation Administration (FAA)
  announced the inspections of aircrafts operating
  in the U.S. These encourages industry
  participants to continuously test and evaluate
  their engine blade products appropriately prior
  to commercializing.
• The aircraft engine blade market share based on
  type can be classified into fan blades,
  compressor blades, and turbine blades. The fan
  blades will account for a significant share over
  the projected timeframe. This can be credited to
  the usage of these blades for carrying out the
  aircraft propulsion operations. Additionally, the
  advanced intake, compression, power, and exhaust
  operations carried out by such fans for efficient
  flight operation further strengthens the segment
  share.

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Market research reports Key analytical components

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Major Companies Aircraft Engine Blade Market

• Safran Aircraft Engines
• Pratt Whitney
• GE Aviation
• Rolls Royce
• CFAN Company

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Regional Insights Aircraft Engine Blade Market

North America will account for a significant
share in the aircraft engine blade market. This
can be attributed to the presence of multiple
industry players including GE Aviation, CFM
International, and Pratt Whitney among others
offering their components and parts to major
aircraft manufacturers. Additionally, industry
players are also investing in expanding their
business and production plants across the region
for supporting aircraft production. For instance,
in March 2018, GE Aviation announced an
investment of up to USD 105 million for expanding
its production capabilities in North Carolina
plants.
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