Aircraft Engine Seals Market is Forecasted to Reach US$ 611.2 million in 2028, Says Stratview Research
The global aircraft engine seals market is projected to witness a growth rate of 8.3% annually from 2023 to 2028, with an anticipated size of US$ 611.2 million by 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global aircraft engine seals market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/338/Aircraft-Engine-Seals-Market.html#form
Report Highlights:
Market Size in 2028: US$ 611.2 million
Growth (CAGR): 8.3% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 7
Number of Tables & Graphs: 100+
Segment Insights on the Aircraft Engine Seals Market:
The global aircraft engine seals market is segmented based on aircraft type, application type, function type, material type, motion type, end-user type, and region.
Based on platform type - The aircraft engine seals market is segmented into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Despite taking a nosedive in 2020, commercial aircraft is expected to remain the largest as well as the fastest-growing segment of the market during the forecast period. Modern engines are getting hotter and require advancements in sealing technologies. These are now being exposed to temperature ranges from -73 °C to 200 °C. In 2022, 1,136 LEAP engines were delivered. Moreover, >1600 F414 engines, >1000 F135 engines, and >600 M88 engines have been delivered to date.
Based on the application type - The market is segmented as nacelles, oil & fuel systems, fan blades, combustion & exhaust section, and others. Owing to the wider application of seals, nacelles dominated the market in 2022. Seals used in nacelles must comply with the ISO 2865 and AC 20-135 standards, requiring them to resist temperatures up to 1,100 °C for at least 15 minutes. Fire seals are commonly used in nacelles and are among the most challenging application areas of aircraft seals at present.
Based on the function type - The market is segmented into fire seals, conductive & insulative seals, air & fluid handling seals, and others. Fire seals are the most preferred category in the market and are anticipated to maintain their dominance by 2028 too. Key applications are the fuel system, bifurcation panel, core fairing, thrust reverser doors, engine fans, and VBV ducts. In thrust reversers, fire seals are used in electromechanical actuators to control the doors.
Based on the motion type - The market is segmented into static seals and dynamic seals. The dynamic seals segment is expected to remain dominant, as well as the faster-growing segment of the market during the forecast period. Dynamic seals are critical for maintaining a balance between mating surfaces, controlling leakage, and reducing friction. Key applications include nacelles, turbines, hydraulics, and actuators.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/338/Aircraft-Engine-Seals-Market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for aircraft engine seals during the forecast period. This growth outlook is majorly attributed to the following-
- The USA is the growth engine of the region's market with the presence of major aircraft OEMs, tier players, raw material suppliers, and part fabricators.
- Most of the engine seals suppliers have their presence in the region to address the emergent needs of OEMs.
- Asia-Pacific is likely to grow at the fastest rate during the same period.
- The highest growth of Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus for multiple aircraft programs; increasing procurement of military aircraft, owing to the rising defense budget; and upcoming indigenous aircraft, C919.
Aircraft Engine Seals Market Drivers:
Some of the key drivers listed in the report are given below.
- The expected rise in the production rate of key programs (B737 Max, B787, A320neo, and A350XWB).
- Entry of programs (B777x and C919).
- A huge fleet of aircraft engines.
Top Companies in the Aircraft Engine Seals Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Freudenberg Group
• Hutchinson SA
• Meggitt PLC
• TransDigm Group
• Trelleborg AB
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Aircraft Engine Seals Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Elastomer Seals Market: https://www.stratviewresearch.com/2918/elastomer-seals-market.html
• Aircraft High-Performance Thermoplastic Seals Market: https://www.stratviewresearch.com/3669/aircraft-high-performance-thermoplastic-seals-market.html
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
Stratview Research, a global market research firm has launched a report on the global aircraft engine seals market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/338/Aircraft-Engine-Seals-Market.html#form
Report Highlights:
Market Size in 2028: US$ 611.2 million
Growth (CAGR): 8.3% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 7
Number of Tables & Graphs: 100+
Segment Insights on the Aircraft Engine Seals Market:
The global aircraft engine seals market is segmented based on aircraft type, application type, function type, material type, motion type, end-user type, and region.
Based on platform type - The aircraft engine seals market is segmented into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Despite taking a nosedive in 2020, commercial aircraft is expected to remain the largest as well as the fastest-growing segment of the market during the forecast period. Modern engines are getting hotter and require advancements in sealing technologies. These are now being exposed to temperature ranges from -73 °C to 200 °C. In 2022, 1,136 LEAP engines were delivered. Moreover, >1600 F414 engines, >1000 F135 engines, and >600 M88 engines have been delivered to date.
Based on the application type - The market is segmented as nacelles, oil & fuel systems, fan blades, combustion & exhaust section, and others. Owing to the wider application of seals, nacelles dominated the market in 2022. Seals used in nacelles must comply with the ISO 2865 and AC 20-135 standards, requiring them to resist temperatures up to 1,100 °C for at least 15 minutes. Fire seals are commonly used in nacelles and are among the most challenging application areas of aircraft seals at present.
Based on the function type - The market is segmented into fire seals, conductive & insulative seals, air & fluid handling seals, and others. Fire seals are the most preferred category in the market and are anticipated to maintain their dominance by 2028 too. Key applications are the fuel system, bifurcation panel, core fairing, thrust reverser doors, engine fans, and VBV ducts. In thrust reversers, fire seals are used in electromechanical actuators to control the doors.
Based on the motion type - The market is segmented into static seals and dynamic seals. The dynamic seals segment is expected to remain dominant, as well as the faster-growing segment of the market during the forecast period. Dynamic seals are critical for maintaining a balance between mating surfaces, controlling leakage, and reducing friction. Key applications include nacelles, turbines, hydraulics, and actuators.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/338/Aircraft-Engine-Seals-Market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for aircraft engine seals during the forecast period. This growth outlook is majorly attributed to the following-
- The USA is the growth engine of the region's market with the presence of major aircraft OEMs, tier players, raw material suppliers, and part fabricators.
- Most of the engine seals suppliers have their presence in the region to address the emergent needs of OEMs.
- Asia-Pacific is likely to grow at the fastest rate during the same period.
- The highest growth of Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus for multiple aircraft programs; increasing procurement of military aircraft, owing to the rising defense budget; and upcoming indigenous aircraft, C919.
Aircraft Engine Seals Market Drivers:
Some of the key drivers listed in the report are given below.
- The expected rise in the production rate of key programs (B737 Max, B787, A320neo, and A350XWB).
- Entry of programs (B777x and C919).
- A huge fleet of aircraft engines.
Top Companies in the Aircraft Engine Seals Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Freudenberg Group
• Hutchinson SA
• Meggitt PLC
• TransDigm Group
• Trelleborg AB
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Aircraft Engine Seals Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Elastomer Seals Market: https://www.stratviewresearch.com/2918/elastomer-seals-market.html
• Aircraft High-Performance Thermoplastic Seals Market: https://www.stratviewresearch.com/3669/aircraft-high-performance-thermoplastic-seals-market.html
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
