Aircraft Nacelle and Thrust Reverser Market

Aircraft Nacelle and Thrust Reverser Companies - Safran (France), Spirit AeroSystems (US) are the Key Players

An Aircraft Nacelle forms the outer, aerodynamically smooth covering of a jet engine. It includes components such as the lip, nose cowl, fan cowl, core cowl, and aft cowl. The forward one-third of the nacelle, termed as the inlet cowl, is a smoothly contoured opening that directs air into the engines fan and compressor blades. The thrust reverser is the most complex highly-loaded part of the nacelle and is used to reverse the thrust produced by the aircraft engine during landing. The Aircraft Nacelle and Thrust Reverser Market is projected to grow from USD 4.2 Billion in 2021 to USD 5.6 Billion by 2026, at a CAGR of 6.0% during the forecast period. This growth can be attributed to the increasing need for reduction of greenhouse gas (GHG) emissions from the aviation industry. In addition, the increase in the air passengers’ traffic will lead to growing concerns for the reduction of carbon footprint from the aviation industry and in turn drive the market for more efficient components that enable the aircraft to consume less fuel.

Contracts, agreements, investments, new product launches and acquisitions are among some of the key strategies adopted by the leading market players and various stakeholders to strengthen and sustain their position in the Aircraft Nacelle and Thrust Reverser market. For instance, In November 2021, Safran and Albany International Corp. announced an agreement to extend their partnership to 2046. The partnership was created to develop high technological composite parts (3D woven and resin transfer molded technologies) that would be designed for aircraft engines, landing gears, and nacelles. In June 2021, Rolls-Royce and Spirit AeroSystems entered an agreement that made Spirit AeroSystems the exclusive nacelle provider for Rolls-Royces Pearl 10X engine.

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Major Aircraft Nacelle and Thrust Reverser Companies Include:

  • Aernnova Aerospace S.A. (Spain)
  • Magellan Aerospace Corporation (Canada)
  • Collins Aerospace (US)
  • The NORDAM Group (US)
  • GKN Aerospace (UK)

These key players offer various Nacelle and Thrust reverser products and services for the aviation and other sectors. These leading players have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific, and Middle East.  

Safran, a France-based company, is among the leading players in the production of complete nacelle products for aircraft manufacturers. The company has collaborated and partnered with various small- and large-scale distributors, suppliers, and consumers of Nacelle and Thrust reverser products to cater to the high demand from the aviation sector. In February 2022, Safran Nacelles and Satair Group signed a supply contract that made Safran a lifetime supplier for supply chain services of A340 -500/600 engine nacelle spare parts and components.

Spirit AeroSystems is an aerostructures manufacturer based in the US. The company manufactures aerostructures for commercial airplanes, defense platforms, and business/regional jets. Spirit AeroSystems’ core products include fuselages, integrated wings and wing components, pylons, and nacelles. The company manufactures nacelles in both defense and commercial programs for Boeing aircraft, Rolls-Royce engines, and Bombardier aircraft. Spirit AeroSystems is an industry leader in advanced composite manufacturing. It builds large, complex composite parts quickly and at a competitive cost.

FACC AG is an aerospace and defense company based in Austria. The company specializes in designing, developing, and manufacturing aircraft parts and components. The company provides tailor-made solutions for aircraft and aircraft engine manufacturers. The company has three operating segments: Aerostructures, Engines and Nacelles, and Interior. The Engine and Nacelle segment provides engine and nacelle components. The company provides plug-and-play systems for engine nacelles by offering fully integrated list of services from a single source. In nacelle components, FACC is a specialist in providing blocker doors, exhaust nozzles, fan cowls, inlet outer barrels, pylon fairings and secondary structures, and translating sleeves. The company provides services like onsite support with field engineering, spares services, and repairs. FACC has five production plants based in Austria, of which two plants are dedicated to manufacturing nacelle components.

Barnes Group is a global aerospace and industrial manufacturer headquartered in the US. The company provides engineered products, differentiated industrial technologies, and innovative solutions. The company has two operating segments: Industrial and Aerospace. The Aerospace segment has two business units, Aerospace OEM and Aerospace MRO. The Aerospace OEM business unit manufactures components for engines, airframes, and nacelles. It uses advanced machining technologies like deep hole drilling/honing/super-finishing, extensive grinding capabilities, and non-conventional machining, among others, and advanced fabrication technologies like hot and superplastic forming, Sutton core process, and diffusion bonding, among others, to manufacture critical components of aircraft. The Barnes Group has a total of six divisions dedicated to manufacturing OEM aircraft components. The Ogden division within the Aerospace business unit of the Barnes Group manufactures nacelle doors and skins, among other components like exhaust nozzles, center body plugs, combustor cases, oil sumps, etc.

Woodward is an aerospace and industrial company based in the US. The company specializes in designing and manufacturing components for aircraft and industrial markets. The company operates in two segments: Aerospace and Industrial. The Aerospace segment develops motion control and integrated propulsion systems. The Aerospace segment is further divided into two subsegments: aerospace engine and aerospace controls. The aerospace engine department focuses on engine controls and combustion systems. The aerospace controls department focuses on pilot controls, critical system components, actuation, and thrust reverser actuation systems (TRAS). Woodward provides complete TRAS applications for aircraft. Woodward has also registered for a thrust reverser patent for Rotary Ramloc™ actuator that contains a unique interlocking mechanism that allows for the most compact and lightest TRAS locking actuator possible. Woodward is also working on an electric TRAS technology.

Related Reports:

Aircraft Nacelle and Thrust Reverser Market by End User (OEM, Aftermarket), Material (Composites, Alloys, Stainless Steel), Product, Engine Type (Turbofan, Turboprop, Turboshaft), Aircraft Type and Region - Global Forecast to 2026

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Aircraft Nacelle and Thrust Reverser Market Size,  Share & Growth Report
Report Code
AS 6563
RI Published ON
4/6/2022
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