The Aircraft Engine Seals Market is projected to grow at a healthy growth over the next five years to reach US$ 391.9 million in 2023. Engine is the most dominant application area of seals in an aircraft and accounts for more than 35% of the total aircraft seals market. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight aircraft engine seals; growing need for reducing engine maintenance requirements, an increased demand for improving fuel efficiency; and rising global aircraft fleet size are the major factors that are burgeoning the demand for seals in the aircraft engine market.
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Aircraft Engine Seals Market Segment Insights:
By Aircraft Type:
Commercial aircraft is expected to remain the growth engine of the global aircraft engine seals market during the forecast period of 2018 to 2023. Increasing commercial aircraft deliveries to support rising passenger traffic, introduction of fuel-efficient next-generation aircraft, advancement in turboprop engines and propulsion systems, and rising commercial aircraft fleet size across regions are the key factors propelling the demand for seals in the segment.
By Application Type:
Seals are used in a wide spectrum of engine applications including fan blade, pylon seals, thrust reverser, fan cowls, heat exchanger, bleed air seals, fire seals, air inlet seals, vane grommets elastomeric gaskets, shaft seals, metering units, valves, and filters. Nacelle is expected to remain the most dominant application segment of the market during the forecast period.
By Material Type:
Polymer seal is likely to remain the largest segment of the global aircraft engine seals market during the forecast period, whereas composite seal is expected to witness the highest growth during the same period. Metals seals, another considerable segment, are increasingly being replaced with polymer and composite seals.
By Region:
North America is expected to remain the largest aircraft engine seals market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period. Higher growth of aircraft engine seals market in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; opening of assembly plants of Boeing and Airbus for B737, A320, and A330 aircraft programs; increasing procurement of military aircraft, owing to rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).
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Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
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The Aircraft Engine Seals Market is projected to grow at a healthy growth over the next five years to reach US$ 391.9 million in 2023. Engine is the most dominant application area of seals in an aircraft and accounts for more than 35% of the total aircraft seals market. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight aircraft engine seals; growing need for reducing engine maintenance requirements, an increased demand for improving fuel efficiency; and rising global aircraft fleet size are the major factors that are burgeoning the demand for seals in the aircraft engine market.
Click here to get a Free Sample of the report (with additional insights):
https://www.stratviewresearch.com/Request-Sample/338/Aircraft-Engine-Seals-Market.html
Aircraft Engine Seals Market Segment Insights:
By Aircraft Type:
Commercial aircraft is expected to remain the growth engine of the global aircraft engine seals market during the forecast period of 2018 to 2023. Increasing commercial aircraft deliveries to support rising passenger traffic, introduction of fuel-efficient next-generation aircraft, advancement in turboprop engines and propulsion systems, and rising commercial aircraft fleet size across regions are the key factors propelling the demand for seals in the segment.
By Application Type:
Seals are used in a wide spectrum of engine applications including fan blade, pylon seals, thrust reverser, fan cowls, heat exchanger, bleed air seals, fire seals, air inlet seals, vane grommets elastomeric gaskets, shaft seals, metering units, valves, and filters. Nacelle is expected to remain the most dominant application segment of the market during the forecast period.
By Material Type:
Polymer seal is likely to remain the largest segment of the global aircraft engine seals market during the forecast period, whereas composite seal is expected to witness the highest growth during the same period. Metals seals, another considerable segment, are increasingly being replaced with polymer and composite seals.
By Region:
North America is expected to remain the largest aircraft engine seals market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth during the same period. Higher growth of aircraft engine seals market in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; opening of assembly plants of Boeing and Airbus for B737, A320, and A330 aircraft programs; increasing procurement of military aircraft, owing to rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/338/Aircraft-Engine-Seals-Market.html
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
