Jun 24, 2020   SOURCE: BusinessWire

North America Aeroengine Fan Blades Market, Forecast to 2027 - COVID-19 Impact and Regional Analysis by Engine & Material Type - ResearchAndMarkets.com

The "North America Aeroengine Fan Blades Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Engine Type; Material Type" report has been added to ResearchAndMarkets.com's offering.

The Aeroengine fan blades market in North America was valued at US$ 2,558.26 million in 2019 and is projected to reach US$ 3,654.86 million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027.

The positive growth outlook of the North America aviation industry and growing number of air passengers across the region are the key factors driving the demand for Aeroengine fan blades. However, the time cost of design and development of fan blades, and large time requirements for the same limit the market growth. On the contrast, the rising demand for low- and ultralow-cost carriers and growing investments in composite material fan blades for enhanced capabilities are the factors that are likely to fuel the future demand for Aeroengine fan blades.

The Aeroengine fan blades market in North America is segmented on the basis of engine type, material type, and country. Based on engine type, the market is segmented into turbofan Aeroengine, turboprop Aeroengine, and turbojet Aeroengine. In 2019, the turbofan Aeroengine segment held the largest share of the market in North America, and it is also expected to register the highest CAGR during the forecast period.

Based on material type, the North America Aeroengine fan blades market is segmented into titanium alloys, aluminum alloys, steel, and composites. Titanium alloys are the most widely used materials in Aeroengine fan blades, which is expected to continue during the forecast period. However, on the back of the advantages of composite fan blades, such as fuel efficiency, the market for this material is likely to grow at the highest CAGR during the forecast period.

Key Topics Covered

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Aeroengine Fan Blades Market - By Engine Type

1.3.2 Aeroengine Fan Blades Market - By Material Type

1.3.3 Aeroengine Fan Blades Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Aeroengine Fan Blades Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threats of Substitutes

4.2.4 Threats of New Entrants

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Aeroengine Fan Blades - Market Dynamics

5.1 Market Drivers

5.1.1 Positive Growth Outlook of the North America Aviation Industry

5.1.2 Transport Infrastructure Development across the Region

5.2 Market Restraints

5.2.1 High Complexity of Fan Blade Design and Development

5.3 Market Opportunities

5.3.1 Increase Investment in Building Transport Infrastructure Development

5.4 Future Trends

5.4.1 Advance Material for Fan Blades to Drive the Future Growth

5.5 Impact Analysis of Drivers and Restraints

6. Aeroengine Fan Blades Market - North America Analysis

6.1 Aeroengine Fan Blades Market North America Overview

6.2 Aeroengine Fan Blades Market - Revenue and Forecast to 2027 (US$ Million)

7. Aeroengine Fan Blades Market Analysis - By Engine Type

7.1 Overview

7.2 Turbofan Aeroengine

7.3 Turboprop Aeroengine

7.4 Turbojet Aeroengine

8. Aeroengine Fan Blades Market Analysis - By Material Type

8.1 Overview

8.2 Aeroengine Fan Blades Market Breakdown, by Material Type, 2019 & 20

8.3 Titanium Alloys

8.4 Aluminium Alloys

8.5 Steel

8.6 Composites

9. Aeroengine Fan Blades Market - North America Analysis

10. Aeroengine Fan Blades Market - COVID-19 Impact Analysis

10.1 Overview

10.2 North America

11. Industry Landscape

11.1 Market Initiative

11.2 New Product Development

12. Company Profiles

12.1 C-Fan

12.2 CFM International

12.3 Chaheng Precision Co. Ltd.

12.4 GE Aviation

12.5 GKN Aerospace Services Limited

12.6 IHI Corporation

12.7 MTU Aero Engines AG

12.8 Pratt & Whitney

12.9 Rolls-Royce Holdings plc

12.10 Safran S.A.

For more information about this report visit https://www.researchandmarkets.com/r/ozhg31