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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Aeroengine Composites Market (2021 to 2026) - by Component and Region - ResearchAndMarkets.com

July 2, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jul 2, 2021--

The “Aeroengine Composites Market Research Report by Component, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Aeroengine Composites Market size was estimated at USD 1,532.94 Million in 2020 and expected to reach USD 1,689.42 Million in 2021, at a Compound Annual Growth Rate (CAGR) 10.54% from 2020 to 2026 to reach USD 2,797.60 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Aeroengine Composites Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

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4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Aeroengine Composites Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Aeroengine Composites Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Aeroengine Composites Market?

4. What is the competitive strategic window for opportunities in the Global Aeroengine Composites Market?

5. What are the technology trends and regulatory frameworks in the Global Aeroengine Composites Market?

6. What is the market share of the leading vendors in the Global Aeroengine Composites Market?

7. What modes and strategic moves are considered suitable for entering the Global Aeroengine Composites Market?

Market Dynamics

Drivers

  • Weight reduction due to fibre-reinforced matrix systems resulting in improved performance
  • Rise in passenger traffic and the imposition of new emission regulations
  • Increasing demand for narrow body aircrafts

Restraints

  • The outer composite material masks up the internal damage leading to safety concerns
  • High initial cost of composite materials

Opportunities

  • The use of carbon-fibre-reinforced epoxy fan outlet guide vanes
  • Resin-based composites for higher specific strength, good fatigue resistance and corrosion resistance

Challenges

  • Composite materials are not high temperature resistant thus need extra precautions during fire

Companies Mentioned

  • Albany Engineered Composites Inc.
  • FACC AG
  • GE Aviation
  • General Dynamics Corporation
  • GKN Aerospace
  • Hexcel Corporation
  • Meggitt PLC
  • Rolls-Royce PLC
  • Safran SA
  • Solvay SA

For more information about this report visit https://www.researchandmarkets.com/r/knxksp

View source version on businesswire.com:https://www.businesswire.com/news/home/20210702005236/en/

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KEYWORD:

INDUSTRY KEYWORD: AEROSPACE MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 07/02/2021 09:15 AM/DISC: 07/02/2021 09:17 AM

http://www.businesswire.com/news/home/20210702005236/en