Over the next five years the Commercial Aircraft Turbine Blades & Vanes market will register a 5.91% CAGR in terms of revenue, the global market size will reach 2454.8 US$ million by 2027.
High temperature and high-pressure gas generated in combustion chamber helps the blades and vanes to extract energy. The blades and vanes are designed in such a way that they would endure high temperature and high pressure for longer durations. In order to survive unforgiving climate, turbine blades use several means like thermal barrier coatings, boundary layer cooling and internal air channels. Still, one of the key causes of failure in turbines is blade fatigue. Fatigue in blades is caused by stress that is induced by vibrations and reverberation within the range of operation of machines.
Increase in the number of aircrafts manufactured along with rising demand for fuel-efficient engines are anticipated to drive the rise in the market. However, the issues that can hamper the growth of the market are issues associated with material costs, current backlog in aircraft deliveries and blade fatigue.
Based on the Commercial Aircraft Turbine Blades & Vanes market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Automotive & Transportation. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Commercial Aircraft Turbine Blades & Vanes during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
In commercial aircraft turbine blades & vanes market, the narrowbody holds an important share in terms of applications and High pressure turbine (LPT) blades and vanes is the main type for commercial aircraft turbine blades & vanes, and the low pressure turbine (LPT) blades and vanes with 59% of global sales volume.
Rolls-Royce and Sea Machines Robotics
22 September 2021: Rolls-Royce and Sea Machines Robotics announce a new collaboration that will deliver comprehensive remote command, autonomous control and intelligent crew support systems to the marine market and complement Rolls-Royce’s mtu NautIQ marine automation portfolio. Rolls-Royce and Sea Machines sign partnership to cooperate on smart ship and autonomous ship control solutions. As part of this agreement, Rolls-Royce business unit Power Systems and Sea Machines, the leading developer of remote-vessel command and autonomous control systems, will join forces on the development and sale of fully and semi-autonomous vessel control systems. The combination of Rolls-Royce’s propulsion and automation solutions with Sea Machines’ vessel control products will offer marine customers significant benefits in terms of vessel operations, safety, efficiency and environmental impact.
Moeller Aerospace has been acquired by AE Industrial Partners
CFI USA (P&M Corporate Finance LLC) is pleased to announce that it served as the exclusive financial advisor to Moeller Mfg. Company, LLC and its related entities (collectively referred to as the ‘Company’ or ‘Moeller Aerospace’) in its sale to AE Industrial Partners, a private equity firm actively investing in the aerospace, power generation and specialty industrial markets.
Collins Aerospace to acquire Flight Aware
Aug. 30, 2021– Collins Aerospace, a Raytheon Technologies business (NYSE: RTX), has signed a definitive agreement to acquire privately held FlightAware, a leading digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools.
AMETEK Acquires NSI-MI Technologies
May 4, 2021 - AMETEK, Inc. (NYSE: AME) announced that it has acquired NSI-MI Technologies, a leading provider of radio frequency and microwave test and measurement solutions and services. NSI-MI was acquired for $230 million and has annual sales of approximately $90 million.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Top Key players in the Commercial Aircraft Turbine Blades & Vanes Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Commercial Aircraft Turbine Blades & Vanes Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes PCC Airfoils, GE Aviation, Rolls-Royce, Leistritz, UTC Aerospace Systems, Arconic, TURBOCAM, Moeller Aerospace, IHI, Cisri-gaona, Hi-Tek, Chromalloy, Robert E. Morris Company, Turbine Casting SAS, Safran, Precision Castparts Corp, Collins Aerospace, Doncasters Group Ltd, DongYing Hengxin turbomachinery Co.,Ltd, FLC Flowcastings GMBH, PBS Group, a. s. (Prague) and others.
Global Commercial Aircraft Turbine Blades & Vanes Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Commercial Aircraft Turbine Blades & Vanes Market is segmented based on the type, applications, companies and regions.
By Type
The end user’s industry application
Target Audience
The report offers in-depth assessment of the growth and other aspects of the Commercial Aircraft Turbine Blades & Vanes Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The region presents countless opportunities for aerospace manufacturers, MRO companies, general aviation and aerospace players. Appetite for air travel continues to grow in the region. Strong growth in the upper-middle class segment followed by lower-middle class segment has paved the way for strong passenger numbers with highest growth in the region. Concurrently, Europe and America are expected to grow at a CAGR of 5.23% and 3.44%, respectively during the forecast period.
Report Attributes | Report Details |
Report Title | Commercial Aircraft Turbine Blades & Vanes Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - PCC Airfoils, GE Aviation, Rolls-Royce, Leistritz |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.91 % over the forecast period (2022-2027) |
By Type |
|
By Application |
|
By Companies | Mettler Toledo, Bosch Packaging Technology, Sejong, Schaefer Technologies, IMA, ACG Worldwide, Lonza (Capsugel), Anchor Mark, MG2, Qualicaps, Chin Yi Machinery, Feton, Fette Compacting, Karnavati Engineering, Harro Hofliger, Hanlin Hangyu Industrial, Zhejiang Fuchang Machinery, Adinath International |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 122 |
Customization Available | Yes, the report can be customized as per your needs |
How do you conduct primary research interviews?
We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.
What if the report I want is not listed in the repository of your reports?
Market Insights Reports has a repository of reports on various industry verticals and not all of them have been listed on the website. Please contact our sales team with your requirements.
Who are the key players in Commercial Aircraft Turbine Blades & Vanes Market?
PCC Airfoils, GE Aviation, Rolls-Royce, Leistritz, UTC Aerospace Systems, Arconic, TURBOCAM, Moeller Aerospace, IHI, Cisri-gaona, Hi-Tek, Chromalloy, Robert E. Morris Company, Turbine Casting SAS, Safran, Precision Castparts Corp, Collins Aerospace, Doncasters Group Ltd, DongYing Hengxin turbomachinery Co.,Ltd, FLC Flowcastings GMBH, PBS Group, a. s. (Prague)
What regions does this Commercial Aircraft Turbine Blades & Vanes Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Commercial Aircraft Turbine Blades & Vanes Market?
Low Pressure Turbine (LPT) Blades and Vanes, Intermediate Pressure Turbine (IPT) Blades and Vanes, High Pressure Turbine (HPT) Blades and Vanes
What are the major end-use applications of the Commercial Aircraft Turbine Blades & Vanes Market?
Widebody, Narrowbody, Regional Jet, Other
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.