Research Report: Aircraft Thrust Reverser Actuation Systems Market (2020-2024) | Demand for Newer-generation Aircraft to Boost the Market Growth | Technavio

Technavio has been monitoring the aircraft thrust reverser actuation systems market and it is poised to grow by $ 202.73 mn during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

• What are the major trends in the market?
  Adoption of additive manufacturing for thrust reverser actuation system components is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 6.76% and the incremental growth of the market is anticipated to be $ 202.73 million.
• Who are the top players in the market?
  Arkwin Industries Inc., Diakont Advanced Technologies Inc., General Electric Co., Honeywell International Inc., Parker-Hannifin Corp., Safran SA, Technodinamika Holding Co., Triumph Group Inc., United Technologies Corp., and Woodward Inc, are some of the major market participants
• What is the key market driver?
  The demand for newer-generation aircraft is one of the major factors driving the market
• How big is the North America market?
  The North America region will contribute 37% of the market share 

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Arkwin Industries Inc., Diakont Advanced Technologies Inc., General Electric Co., Honeywell International Inc., Parker-Hannifin Corp., Safran SA, Technodinamika Holding Co., Triumph Group Inc., United Technologies Corp., and Woodward Inc. are some of the major market participants. The demand for newer-generation aircraft will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Aircraft Thrust Reverser Actuation Systems Market 2020-2024: Segmentation

Aircraft Thrust Reverser Actuation Systems Market is segmented as below:

• Type
  • Commercial Aircraft
  • Business Jet
  • Military Aircraft
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

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Aircraft Thrust Reverser Actuation Systems Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The aircraft thrust reverser actuation systems market report covers the following areas:

• Aircraft Thrust Reverser Actuation Systems Market Size
• Aircraft Thrust Reverser Actuation Systems Market Trends
• Aircraft Thrust Reverser Actuation Systems Market Industry Analysis

This study identifies adoption of additive manufacturing for thrust reverser actuation system components as one of the prime reasons driving the aircraft thrust reverser actuation systems market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Aircraft Thrust Reverser Actuation Systems Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist aircraft thrust reverser actuation systems market growth during the next five years
• Estimation of the aircraft thrust reverser actuation systems market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the aircraft thrust reverser actuation systems market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of aircraft thrust reverser actuation systems market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type placement
• Commercial aircraft - Market size and forecast 2019-2024
• Business jet - Market size and forecast 2019-2024
• Military aircraft - Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume driver – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive landscape

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Arkwin Industries Inc.
• Diakont Advanced Technologies Inc.
• General Electric Co.
• Honeywell International Inc.
• Parker-Hannifin Corp.
• Safran SA
• Technodinamika Holding Co.
• Triumph Group Inc.
• United Technologies Corp.
• Woodward Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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