Market Share of Aircraft Nacelle Systems Industry
The aircraft nacelle systems market is highly competitive, with a majority share in terms of revenue being held by established global aerospace companies. Some prominent players in the aircraft nacelle systems market include Raytheon Technologies Corporation, Safran SA, General Electric Company, and Spirit AeroSystems Inc. These companies are majorly into the manufacturing of engine nacelles for major aircraft programs of Airbus SE, The Boeing Company, Embraer SA, Dassault Aviation SA, etc. There are also many component providers in the market who support the nacelle manufacturers like Spirit AeroSystems Inc., Triumph Group Inc., Aernnova Aerospace SA, Barnes Group Inc., and Leonardo SpA.
The major players are partnering with the aircraft engine providers to increase their market dominance. For instance, in November 2020, Collins Aerospace Systems signed an agreement with Boom Supersonic to provide nacelles for the planned Overture, the supersonic airliner under development. Under the contract, the company will design, produce, and deliver inlet, nacelle, and exhaust systems for the aircraft. Additionally, the engine providers are moving towards electric architecture and the use of 3D printing technology to develop fuel-efficient engines, which will simultaneously generate demand for new lightweight nacelle structures.
Aircraft Nacelle Systems Market Leaders
Safran SA
General Electric Company
Raytheon Technologies Corporation
Leonardo S.p.A.
Spirit AeroSystems, Inc.
*Disclaimer: Major Players sorted in no particular order
