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Aircraft Nacelle and Thrust Reverser Market Share

ID: MRFR//5914-HCR | 117 Pages | Author: Sejal Akre| November 2024

The Aircraft Nacelle and Thrust Reverser market are influenced by several key factors that shape its dynamics and growth. One significant factor is the global aviation industry's continual expansion, driven by increasing passenger demand for air travel and the growing freight transportation sector. As airlines seek to modernize their fleets and improve fuel efficiency, there is a continuous demand for advanced aircraft propulsion systems, including nacelles and thrust reversers. These components play a crucial role in enhancing aircraft performance, reducing fuel consumption, and minimizing environmental impact. The rising demand for new commercial aircraft, as well as the need for retrofitting existing fleets with more efficient engines and propulsion systems, drives market growth and investment in the Aircraft Nacelle and Thrust Reverser segment.

Moreover, technological advancements play a significant role in shaping the Aircraft Nacelle and Thrust Reverser market. Continuous innovation in materials science, aerodynamics, and manufacturing processes enables the development of lightweight, aerodynamically optimized nacelles and thrust reversers that improve aircraft performance and efficiency. Manufacturers invest in research and development to enhance the structural integrity, heat resistance, and acoustic properties of nacelle components, reducing drag and noise levels while maximizing engine performance. Additionally, advancements in thrust reverser design and actuation systems enable more efficient and reliable deployment of reverse thrust, enhancing aircraft braking capabilities and shortening landing distances. These technological advancements drive market innovation and propel the development of next-generation nacelle and thrust reverser solutions.

Furthermore, regulatory requirements and environmental regulations influence the dynamics of the Aircraft Nacelle and Thrust Reverser market. Aviation authorities such as the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) establish certification requirements and airworthiness standards for aircraft propulsion systems, including nacelles and thrust reversers, to ensure their safety, reliability, and compliance with regulatory requirements. Manufacturers must conduct rigorous testing and validation procedures to obtain certification for nacelle and thrust reverser components, demonstrating their performance, durability, and environmental impact. Additionally, environmental regulations such as noise restrictions and emissions limits drive market demand for quieter, more fuel-efficient aircraft propulsion systems that minimize environmental impact and meet regulatory requirements. Compliance with regulatory standards and environmental regulations is a critical factor that influences market adoption and investment in Aircraft Nacelle and Thrust Reverser technology.

Moreover, market trends such as the increasing demand for aftermarket services and maintenance solutions drive market growth and investment in the Aircraft Nacelle and Thrust Reverser segment. With the global fleet of commercial aircraft expanding and aging, there is a growing need for maintenance, repair, and overhaul (MRO) services to ensure the reliability, safety, and airworthiness of nacelle and thrust reverser components. Airlines and MRO providers invest in aftermarket solutions such as component repair, refurbishment, and replacement to extend the service life of nacelles and thrust reversers, optimize maintenance schedules, and reduce operational costs. Additionally, the emergence of predictive maintenance technologies and condition monitoring systems enables proactive maintenance strategies that identify potential issues and prevent unexpected failures, minimizing aircraft downtime and disruption to flight operations. These aftermarket trends drive market demand for MRO services and stimulate investment in Aircraft Nacelle and Thrust Reverser aftermarket solutions.

Furthermore, market competitiveness and industry consolidation influence market dynamics in the Aircraft Nacelle and Thrust Reverser segment. With a limited number of established manufacturers and suppliers specializing in nacelle and thrust reverser production, competition intensifies, leading to consolidation and strategic partnerships within the industry. Market leaders invest in research and development, technology innovation, and manufacturing capabilities to maintain their competitive edge and win lucrative contracts with aircraft OEMs and airlines. Additionally, mergers, acquisitions, and joint ventures enable companies to expand their market presence, diversify their product portfolios, and access new markets. Collaboration with aircraft manufacturers, engine suppliers, and industry stakeholders further enhances market competitiveness and drives innovation in Aircraft Nacelle and Thrust Reverser technology.

Moreover, economic factors such as fuel prices, air travel demand, and airline profitability impact market demand for Aircraft Nacelle and Thrust Reverser solutions. Airlines and operators evaluate the total cost of ownership, including acquisition costs, fuel savings, and operational efficiency gains when procuring new aircraft and propulsion systems. Fluctuations in fuel prices, economic downturns, and geopolitical uncertainties may influence investment decisions and fleet planning strategies for airlines and aircraft operators. Additionally, airlines prioritize aircraft upgrades and retrofits that offer tangible benefits such as improved fuel efficiency, reduced maintenance costs, and enhanced passenger comfort. By understanding and addressing these economic factors, manufacturers, suppliers, and stakeholders can capitalize on market opportunities and drive sustainable growth in the Aircraft Nacelle and Thrust Reverser segment.

Global Aircraft Nacelle and Thrust Reverser Market Overview



Aircraft Nacelle and Thrust Reverser Market Size Valued at USD 5.77 Billion, market Grow at a CAGR Of 6.58% by 2020 -2030


Nacelle is an external aerodynamic structure that houses the aircraft engine. It is connected to the wing or the body of an aircraft through pylon/strut. The aircraft nacelle comprises inlet cowl and fan cowl. Thrust reverser is an equipment that provides deceleration by temporarily diverting the aircraft engine’s thrust and thereby enables shorter landing distances and reduces wear on brakes & tires. Engine cowling, inlet cowl, fan cowl, thrust reverser, core cowl and exhaust system all together forms the aircraft nacelle system.


Aircraft Nacelle and Thrust Reverser Market Overview


The growth in global air travel and subsequent demand for new commercial aircraft are key factors projected to drive the growth of the civil aircraft nacelle and thrust reverser market. In addition, rise in defense expenditure and subsequent demand for new combat aircraft drives the growth of military aircraft nacelle and thrust reverser market. However, the existing backlogs in new commercial aircraft deliveries hinders the market growth to a certain extent, whereas developing an effective nacelle and thrust reverser that ensures effective & safe operation, reduced maintenance and enhanced performance is a challenge faced by the emerging players. Meanwhile factors such as focus on aircraft modernization programs, growing importance for aviation safety and initiatives taken for ensuring safe flight further boosts the service (MRO) requirement and impacts the aftermarket growth. Furthermore, developments in 3D printing technology for manufacturing nacelle and thrust reverser and use of advanced materials and composites in system fabrication offer promising growth opportunities to aircraft nacelle and thrust reverser market players.


Segmentation of the Global Aircraft Nacelle and Thrust Reverser Market


Based on engine type, the turbofan engine segment accounted for the largest market share as nowadays, airlines are focusing on procuring these engines to increase fuel economy on long range flights, which ultimately generates component requirement for the same. Based on application, the civil aviation segment accounted for the largest market share owing to the rising number of airliners annually throughout the world. Based on end-user the OEM segment accounted for the largest market share as various aircraft manufacturers are readily integrating these components with their offerings. Based on component, the nacelle segment accounted for the largest market share as it is a vital component for connecting the engine to aircraft.


North America is the leading region for the global aircraft nacelle and thrust reverser market. Several major aircraft manufacturers (such as Boeing, Bombardier) and nacelle and thrust reverser providers (GE affiliated companies, UTC) are present in the region, gaining the region a high market share. Moreover, it is expected that approximately 10,000 aircraft would be in service in the region by 2035, which would create an opportunity for the major and prominent companies of the region. Meanwhile, in terms of military aircraft aspect, the US military is likely to receive USD 674 billion in support in 2019 for new fighter jets, Black Hawk helicopters, among others, which indirectly influences the aircraft nacelle and thrust reverser market in this country. Similarly, Canada is set to acquire used F-18 fighter jets from Australia, which generates a further scope of the aftermarket market in this country.


Intended Audience



  • Aircraft Nacelle and Thrust Reverser Manufactures

  • Aircraft Engine OEMs

  • Aircraft Engine MROs

  • Aircraft Exhaust System Providers

  • Aircraft OEMs

  • Component Providers

  • Defense Organizations

  • Research Institutes

  • Regulatory Bodies

  • Thrust Reverser Actuation System Providers


Key Players


The key players in the global aircraft nacelle and thrust reverser market are Aircelle (a part of Safran SA (France)), Collins Aerospace (a part of United Technologies Corporation (US)), FACC AG (Austria), GKN Aerospace (UK), Leonardo SpA (Italy), Middle River Aircraft Systems (a part of GE Aviation (US)), Nexcelle (a MRAS/Safran joint venture (US)), Sicamb SpA (Italy), Spirit AeroSystems, Inc. (US) and Westfield Hydraulics Inc. (US).


Recent Development


Safran Nacelles (France): In February 2023, Safran Nacelles announced that it had successfully completed the first ground test of the nacelle for the new CFM RISE commercial aircraft engine. The RISE engine is designed to be more fuel-efficient and quieter than previous generation engines.


Spirit AeroSystems (US): In June 2021, Spirit AeroSystems entered into an agreement with Rolls-Royce that made Spirit AeroSystems the exclusive nacelle provider for Rolls-Royce's Pearl 10X engine. The Pearl 10X engine is designed for business jets and is expected to enter service in 2025.

Research Methodology


The market numbers and forecast derived were the outcome of our disciplined research methodology which includes secondary research, primary interviews, followed by data triangulation and validation from our in-house data repository and statistical modeling tools.


Secondary Research


In this process, the data collection was done through various secondary sources, which included annual reports, SEC filings, journals, government association, Aerospace & Defense magazines, white papers, corporate presentations, company websites, some paid databases and many others.


Primary Research


In this process, both demand side and supply side parties were involved to extract genuine facts and insights about market forecast, production, trend, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain have been approached to obtain key information.


Report Key Insights



  • Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments

  • Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, along with key countries in each of the regions

  • Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain & value chain analysis

  • Technology Trend, Regulatory Landscape, and Patent Analysis Outlook

  • Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic developments including JVs, Product Launch, and M&A

  • Regional attractiveness and related growth opportunities


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