Aeroengine Accessory Drive Train Market Research Report 2019-2025 | Regional Outlook
Date: 2019-02-13   Author: Ronak Bora  Category: #market

Aeroengine Accessory Drive Train Market Research Report 2019-2025 | Regional Outlook

High performance transmission systems coupled with reduced size and weight of components are propelling the aeroengine accessory drive train market share over the projected timeframe. Growing emphasis on utilizing lightweight materials including composites for increasing overall flight efficiency is further escalating the market size.

North America aeroengine accessory drive train market place will showcase a significant growth over the projected timeframe. Presence of multiple aircraft manufacturers offering a wide range of aircrafts with innovative light weight systems are further supporting the regional share till 2025. Moreover, replacements and refurbishments of ageing fleet will support in the industry expansion over the projected timeframe.

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Manufacturers are focusing on increasing the aircraft production to meet previous order backlogs for meeting the growing demand and increasing their market share. For instance, CAPA Center for Aviation recorded more than 17,000 outstanding firm orders at the end of 2017, thereby representing a total order backlog of 9.8 years of aircraft production.

Turboprop engines are anticipated to hold a prominent share in the aeroengine accessory drive train market place owing to proliferating regional air traffic across countries including India, China, and Japan. For instance, in 2017, European regional jet manufacturer ATR foresees a demand of around 3,000 turboprop aircrafts in next 20 years with Asia accounting for around 43% of the total requirement.

Based on material utilized for manufacturing aeroengine accessory drive trains, the segment is classified into magnesium, aluminum, and steel. Excessive strain within the gearbox contributes towards the requirement for high strength materials. Usage of magnesium alloys for manufacturing gears is gaining prominence owing to its benefits including lower weight along with higher thermal conductivity. Carburizing Bearing and Gear Steel (CBS) 600 offers high strength, fracture toughness, and longer service life are positively influencing the segment growth till 2025.

Asia Pacific is projected to hold a substantial share owing to increasing aircraft deliveries in countries including China, India and Japan. For instance, according to the CAPA, in 2017, Jet Airways announced the expansion of its aircraft fleet with an order of around 1,000 narrow body aircrafts, thereby contributing significantly towards the regional share till 2025.

Based on application, the aeroengine accessory drive train market place is classified into narrow body, wide body, regional aircrafts, military aircrafts, and general aviation. Wide body segment is projected to account for a considerable share owing to increasing deployment of mid-size wide body airplanes for long distance travel routes. In 2018, Boeing forecasts the requirement of more than 8,000 new wide body airplanes over the next 20 years, thereby bolstering the aeroengine accessory drive train market share over the coming years.

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Major industry players include Safran Transmission Systems, Triumph Group Inc, Pratt & Whitney and Collins Aerospace. Deployment of innovative designs for accessory drive gearboxes providing optimized oil management, higher reliability and extended maintenance intervals are escalating the aeroengine accessory drive train market share over the forecast timeframe.



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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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