Technavio Announces Top Five Vendors in the Global Commercial Aircraft Turbine Blades and Vanes Market from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio has announced the top five leading vendors in their recentglobal commercial aircraft turbine blades and vanes marketreport. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The global commercial aircraft turbine blades and vanes market is highly competitive, with vendors competing in terms of component reliability and quality, cost, and market share. To sustain in such an intensely competitive environment, it is crucial for vendors to offer high quality and cost-effective commercial aircraft turbine blades and vanes.
The rivalry in the aircraft engine and parts market was very intense in the past. However, currently it is a mix of competition and collaboration. Increased collaboration is good for the aircraft technology, as it provides a much-optimized system (engines and components). However, it could also reduce the competitiveness of the market. “Aircraft operators and MRO service providers prefer the option to have a number of engine parts suppliers for their fleet of aircraft, as this will help bring down the operational and maintenance cost, and ease the availability of compatible parts and components,” says Abhay Singh, a lead analyst at Technavio for aerospace components research.
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Top five global commercial aircraft turbine blades and vanes market vendors
GE Aviation was established in 1949 under the operating supervision of a US-based multinational conglomerate General Electric. It is headquartered in Cincinnati, Ohio, US. The company designs, manufactures, and markets commercial and military aircraft engines, electric power and mechanical aircraft systems, and integrated digital components.
The company designs, manufactures, and supplies jet engines, components, and integrated systems that are used in commercial, military, business, and general aircraft. In 2010, it started producing blade dampers and seals for its CF6 and CF34 aircraft engines, as well as LM marine engines in Singapore.
GKN Aerospace was established in 1993 and is headquartered in Worcestershire, UK. The company manufactures and supplies airframe and engine structures, associated components, and assemblies to aircraft and engine prime contractors and different other tier one suppliers globally.
The company offers a broad array of rotating aero-engine products comprising metallic fans and compressor blades, turbine blades, and blisks. It provides turbine blades and vanes to different aero-engine OEMs as well as to non-OEM providers of blade repair services.
Rolls-Royce was founded in 1906 and is headquartered in London, UK. The company manufactures and services integrated power systems that are used for different aerospace, land, and naval applications across the globe.
Rolls-Royce provides a variety of turbine architectures for commercial and defense aircraft. It provides three-shaft engines for large commercial aircraft, as well as offers two-shaft engines for corporate, regional, and defense applications. The aircraft turbine’s performance primarily depends on three main components: blades, nozzle guide vane, and seal segment.
TURBOCAM was founded in 1985 and is headquartered in Barrington, New Hampshire, US. The company designs and manufactures turbomachinery components for a wide array of industrial, aerospace, marine, automotive, and propulsion applications.
Since its inception, TURBOCAM has been supplying aerospace engine components to different OEMs across the globe. It operates engine components manufacturing facilities in the US, India, and the UK. The company offers a wide array of engine parts and components for jet engines, satellites, missile systems, and spacecraft and supplies rocket turbopumps and turbojet engines blisks that are used in commercial, passenger, regional, and military aircraft.
UTC Aerospace Systems
UTC Aerospace Systems was founded in 2012 and is headquartered in Charlotte, North Carolina, US. The company manufactures and services systems and components for defense and aerospace customers across the globe. It operates as a subsidiary of United Technologies.
The engine components division of UTC Aerospace Systems provides high-precision solutions that are used in different defense, aerospace, and industrial applications. It offers fuel nozzles, drive shafts, turbine blades and vanes, and flexible couplings. The company provides after-sales services throughout multiple locations in the US, Mexico, and the UK, as well.
Browse Related Reports:
- Global Military Aerospace Engine and Engine Parts Market 2015-2019
- Global Commercial Aircraft Gas Turbine Engine Market 2015-2019
- Global Commercial Aircraft Seating Market 2016-2020
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Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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