Jet Engine Blades Market Analysis - Global Industry Size, Share, Trends and Forecast 2018 - 2026

Introduction

The jet engine blade or turbine blades are made of nickel based super alloys that are amalgamated from cobalt, chromium and rhenium. Nonetheless, major breakthrough was developed via improvisation from superalloys, as single crystal production and directional solidification method. Turbine is the key component in jet engine which uses these super alloy materials.

Market Dynamics

The adoption of composites in jet engines will be one of the leading trends for the development of market. GE Leap engines of the next generation are expected to have a significant amount of carbon ceramic composites in high pressure turbines instead of nickel metal alloys. Usage of thin and less blades is the innovation strategy of vendors to reduce fuel consumption up to 5% than other engines and is driving the scope of jet engine blades market. Metal reflects the plastic's anticipation, by which they are able to pass through disruption (turn or stretch), before they are broken, while the metal is used to handle the load with little impact and less deficiency in the basic strength of the structure. The high smoothness of metal permits them to distribute load on the structure and protect them from the status of permanent structural failure. However, high cost of raw materials is a key factor considered to hamper the market growth subsequently. Jet engine blades are the most crucial component of turbine engine in a jet, which compiles gas or steam turbine in the turbine section and hence will witness a huge growth in upcoming period.

Market Classification

The global jet engine blades market is segmented into end-user and geography. On the basis of end-user, the market is classified into aerospace, automotive, equipment and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

Report Coverage

Market	Jet Engine Blades Market
Analysis Period	2015 – 2026
Historic Data	2015 – 2016
Base Year	2017
Forecast Data	2018 – 2026
Market Stratification	End-User, Geography
Regional Scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage	Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

Some of the key market vendors of jet engine blade market are Aviadvigatel OJSC, UTC Aerospace Systems, GE Aviation, PowerJet, IAE, Rolls-Royce, Safran, Lycoming Engines, Pratt & Whitney, MTU Aero Engines, and Engine Alliance among the others known vendors.

Market Segmentation

Market By End-User

·         Aerospace

·         Automotive

·         Equipment

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA