Stratview Research’s latest market report on Aeroengine Fan blade Market covers the wide spectrum of the factors governing the future growth including drivers, challenges, emerging trends, technology changes, and environmental factors. The report is a perfect blend of insights and market figures which would enable the business strategists to churn out the future business strategies.
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According to the report, Aeroengine Fan blade Market is likely to reach an estimated value of US$ 8,059.8 million in 2023.
Fan blades are among the most important components of an aircraft engine. There has been an evolutionary change in the design, size, structures, materials, and manufacturing process of fan blades over the past few decades. A large number of experimental and computational analysis have been carried out in engine fan blades, which have resulted in change in design and efficiency of blades. Lightweight, increased engine thrust and efficiency, low-operating-cost, and laminar airflow into the engine are some focal points of development that are being achieved through the advancements in fan blade technologies.
Curved, Lighter, Thinner, and Fewer are the four big needs in aeroengine fan blades observed in the industry. Composites have gradually been becoming the material of choice for achieving these four industry needs. Besides being thinner and fewer in number; composite fan blades also spin faster that ultimately helps to generate higher thrust and by-pass ratio. GE Aviation was the first company to incorporate carbon composite materials in aero engine fan blades for a jet engine. The era of composite fan blades started way back in the 1990s with GE’s GE90 engine powering Boeing 777 aircraft program. This became a huge success for GE Aviation as it helped B777 in gaining excellent thrust and be among the most fuel-efficient and reliable commercial aircraft. GE Aviation’s success in composite fan blades influenced its adoption in succeeding generations of commercial engines including GEnx and the new GE9X.
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The supply chain of this market comprises raw material suppliers, aeroengine fan blade manufacturers, engine manufacturers, aircraft OEMs, airlines, and aircraft leasing companies. Key aeroengine fan blade manufacturers are Safran Aircraft Engines, GE Aviation, Pratt & Whitney, Rolls-Royce, Albany/Safran, CFAN Company, and GKN Aerospace. Development of lightweight fan blades with an ease of manufacturing process, reduced operational cost, improved thrust or performance and formation of strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the Aeroengine Fan blade Market and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the five ways in which the market is segmented:
Aeroengine Fan Blades Market, By Aircraft Type
Aeroengine Fan Blades Market, By Engine Type
Aeroengine Fan Blades Market, By Material Type
Aeroengine Fan Blades Market, By Manufacturing Process Type
Aeroengine Fan Blades Market, By Region
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