Pune, India -- (SBWIRE) -- 05/02/2018 -- Commercial Aircraft Turbines Blades and Vanes Market – Overview
The global commercial aircraft turbines blades and vanes Market is increasing at a rapid pace. According to a recent study report published by the Market Research Future, The global market of commercial aircraft turbines blades and vanes will grow at a rapid pace over the forecast period. The market is forecasted to witness a slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2017 -2023).
Blades and vanes in aircraft turbine engines are responsible for extracting energy from the high pressure and high temperature gas generated in combustion chamber. Blades and vanes are designed and manufactured in such a way that it should sustain at high pressure and temperature for a longer duration in turbine engines.
Majority of the turbine blades are made of nickel-titanium-aluminum alloys, whereas some blades are made up of ceramic materials, these materials can sustain high temperature and pressure in the turbine engine. Moreover, materials with high resistance to corrosion, high-tensile strength, and high resistance to temperature are used for aircraft turbine blades and vanes. An innovation in the turbine blade material is a new trend in this market. In search of continuous improvement in the aero-engine technology and components, new materials with improved properties are largely being used in the aerospace industry.
Commercial aircraft turbines blades and vanes market is segmented by engines which includes turbofan, turboshaft and turboprop. Further these can be segmented as Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Business Helicopters, Military Helicopters and others.
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Major Key Players
GKN Aerospace (U.K),
GE Aviation (U.S.),
Rolls Royce (U.K),
Turbocam International (U.S.),
Chromalloy (U.S.),
UTC Aerospace Systems (U.S.),
Hi-Tek Manufacturing (U.S.),
Moeller Aerospace (U.S.),
The Robert E. Morris Company (U.S.), and Snecma (France) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global commercial aircraft turbines blades and vanes market.
Industry/ Innovation/ Related News:
March, 2018: The American Society of Mechanical Engineers named the Pratt & Whitney single crystal turbine blade mechanical engineering landmark.
March, 2018: Pratt & Whitney gas turbine industry developed a single crystal blades, development helped to increase the engine efficiency. For this development company was awarded by the American Society of Mechanical Engineers.
Commercial Aircraft Turbines Blades and Vanes Market – Segmentation
The global commercial aircraft turbines blades and vanes market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Aircraft Type: Fixed-Wings and Rotary-Wings
Segmentation by Engine Type : Turboprop, Turboshaft, and Turbofan
Segmentation by Regions: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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Target Audience
- Turbine Blades and Vanes OEMs
- Engine OEMs
- Component Suppliers
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
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