DUBLIN, September 11, 2017
DUBLIN, September 11, 2017 /PRNewswire/ --
The "Global Aircraft Turbine Engine Flowmeter and Pressure Sensors Market 2017-2021" report has been added to Research and Markets' offering.
The global aircraft turbine engine flowmeter and pressure sensors market to grow at a CAGR of 4.93% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global aircraft turbine engine flowmeter and pressure sensors market for 2017-2021. To calculate the market size, the report considers sales of fuel flowmeters and pressure sensors in commercial engine categories during the forecast period.The report also includes a discussion of the key vendors operating in this market.
One trend in the market is 3D printing or additive manufacturing of engine components. The 3D printing process involves synthesizing successive layers of materials with the help of computerized control technology to design and produce aerospace parts and component. This process permits manufacturers to produce small and micro-components of almost any size or shape. It also reduces the total weight of the components such as those of aircraft engine.
According to the report, one driver in the market is increasing engine performance with high efficiency. Aircraft operators aim to operate engines that reflect improved fuel efficiency and lower cost association during operation and maintenance. For airlines, the maintenance and overhauling of aero-engine components incur significant costs, which has a significant impact on the operational costs. Therefore, the focus has been laid on choosing advanced components and subsystems that can help in extending the durability and service life of an operational aircraft engine while ensuring effective performance.
Further, the report states that one challenge in the market is delays in scheduled delivery of aircraft engines. The significant cost associated in the initial stages of production poses a challenge for engine OEMs that are thriving to promote new and efficient engines in the market. Pratt & Whitney sustained a decreased engine delivery in 2016 due to the relatively higher production cost of its GTF engines. The company initially planned to deliver 200 units of engines in 2016. However, a disruption in production led to a drop in 50 units from the total. In the first quarter of 2016, Pratt & Whitney incurred costs of around $10 million for producing each unit of its GTF engine, which was initially estimated at around $2 million per unit
Other prominent vendors
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Engine Type
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/lc5g29/global_aircraft
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