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Aeroengine Accessory Drive Train Market Analysis

  • Report ID: GMI3094
  • Published Date: Jul 2024
  • Report Format: PDF

Aeroengine Accessory Drive Train Market Analysis

Based on components, the market is divided into gearboxes, shafts, bearings, seals, other components. In 2023, gearboxes held the dominant market of USD 309 million and is expected to reach USD 570.8 million by 2032. Gearboxes are essential for transferring power from the engine to various accessories and systems. As engine technologies advance, with higher power outputs and more complex accessory requirements, there is a growing demand for robust and efficient gearboxes capable of handling increased loads. Gearboxes play a critical role in optimizing engine efficiency by ensuring precise control and distribution of power. Demand for gearboxes is driven by the need to improve fuel efficiency and reduce emissions in compliance with stringent environmental regulations.
 

Aeroengine Accessory Drive Train Market Revenue Share, By Engine Type, (2023)

Based on engine type, the aeroengine accessory drive train market is categorized into turbofan engines, turboprop engines, turboshaft engines. In 2023, turbofan engines held the dominant market share of 61% and is anticipated to grow through the years. Turbofan engines are predominantly used in commercial airliners, which are experiencing steady growth in global air travel demand.
 

The expansion of commercial fleets drives continuous demand for ADTs that support efficient and reliable engine operation. Turboprop engines are widely used in regional and commuter aircraft, which are crucial for connecting smaller airports and remote regions. The increasing demand for regional air travel drives the demand for ADTs tailored to turboprop engines. Turboshaft engines power helicopters and military aircraft, where reliability, durability, and performance under demanding conditions are critical. ADTs for turboshaft engines must withstand high vibration levels and operate efficiently in challenging environments.
 

U.S. Aeroengine Accessory Drive Train Market Size, 2021 - 2032 (USD Million)

North America held a market of around USD 226 million in 2023 and is expected to reach USD 404 million by 2032. North America hosts a significant portion of the world's commercial airline fleet, including major carriers and regional airlines. The continuous expansion of airline operations drives demand for new aircraft and ADTs to support efficient engine performance and reliability.
 

The market in U.S. is set to grow through a CAGR of 6.9% through the forecast time period. The U.S. military invests heavily in upgrading its aviation capabilities, including ADTs for military engines. Modernization programs drive demand for ADTs that improve performance, reliability, and operational readiness of military aircraft.
 

The German aeroengine accessory drive train market maintained a considerable position in Europe. Germany invests in modernizing its military aviation capabilities, including ADTs for military engines. There is a demand for ADTs that enhance operational efficiency, reliability, and mission readiness across various defense applications.
 

China is supposed to grow at the highest rate of 7.6% in the region. China is experiencing robust growth in air passenger traffic, driven by increasing disposable incomes, urbanization, and tourism. This growth fuels demand for new aircraft equipped with advanced ADTs to support efficient and reliable engine operations.
 

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size for aeroengine accessory drive train was valued at USD 856.5 million in 2023 and is estimated to grow at 6.5% CAGR during 2024-2032, driven by the continuous expansion of the global aircraft fleet.

The gearboxes segment of the aeroengine accessory drive train market recorded USD 309 million in 2023 and is expected to reach USD 570.8 million by 2032, as they are essential for transferring power from the engine to various accessories and systems.

North America market size was USD 226 million in 2023 and is expected to reach USD 404 million by 2032, as it hosts a significant portion of the world's commercial airline fleet.

Rolls-Royce plc, RTX Corporation, Safran Aircraft Engines, Triumph Group, UTC Aerospace Systems, and Woodward, Inc. among others.

Aeroengine Accessory Drive Train Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 428
  • Countries covered: 22
  • Pages: 487
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