April 23, 2018
Global aircraft engine market is likely to witness a stronger growth over the ensuing years, as new wave of technological advancements and scientific breakthroughs unfurl in the business space. Much of this innovation has been brainstormed in response to the growing global awareness regarding environmental sustainability. Reliable estimates suggest that commercial aviation sector emits approximately 705 million metric tons of CO2 annually. Though it represents only 2% of the global carbon emissions, there is enough evidence backing the fact that GHG emission from jet fuel has much more detrimental impact on the atmosphere than on-road vehicles, as the former are released at high altitudes.
In a bid to respond to the situation, aircraft manufacturers have been increasingly taking great strides in recent years to introduce high-grade engines that are much lighter, quieter, and more energy-efficient, than the conventional turbofan engines. Of course, extensive research on advanced engine technology by internationally renowned bodies such as NASA has played a pivotal role in proliferating aircraft engine MRO market trends.
If reports are to be relied on, NASA has recently teamed up with a host of aircraft engine industry giants to bring on-board a breakthrough aircraft engine flight demonstration, based on a more fuel-efficient, noiseless and environmental viable engine technology. Allegedly, the organization has selected leading American aerospace manufacturer Pratt & Whitney for its Ultra-High Bypass (UHB) Advanced Nacelle Technologies Flight Demonstration.
For the records, this is a part of NASA’s research efforts to make commercial airlines eco-friendlier. Under the three-year cost-shared cooperative agreement, both the parties would be solely investing in fabrication, design, integration, and ground testing of a wide array of advanced compact engine technologies that improve the overall aerodynamic performance. Reportedly, Pratt & Whitney team would also be including some of the leading names of aircraft engine industry such as Boeing and UTC Aerospace Systems. Sources familiar with the matter stated that NASA’s fraction of investment in the gigantic project is nearly USD 22 million.
Two of the radically designed product launches in aircraft engine market lately:
The collaborative approach toward bringing product innovations, involving such massive investment, undoubtedly depicts the extent by which aircraft engine market players are driven by the sustainability trends. In this regard, one product that is creating a buzz in aircraft engine industry is PurePower PW1000G engine family engines by Pratt & Whitney. Allegedly, in the PW1000G engine range, an absolutely state-of-the-art internal gear system has been deployed that separates engine fan from low pressure turbine and compressor. This enables each of the modules to run at optimum speeds, saving almost 20% on fuel consumption compared to conventional engine equipped airliner, as per the official confirmation. This pointer amply validates the buzz created around this groundbreaking technology across aircraft engine market over the recent years.
In what may be touted as an attempt to catch up with its contemporaries, CFM International, another strong contender in aircraft engine market has introduced its patent engine, dubbed as Leap. It is claimed to be an enhanced version of the traditional turbo fan engine comprising lightweight composite materials, such as fan blades to ensure energy efficiency. Not to mention, pertaining to its not-so complex technology orientation and environmental viability, Leap engine received extensive popularity in aircraft engine market over the past few years. For the records, the company delivered almost 459 Leap engines to three of the renowned aircraft manufacturers in 2017. It has been also estimated that Leap engine deliveries to Airbus A320neo family in yesteryear almost increased by six-fold compared to 77 Leap-1A engines in the year 2016, estimates further backing its stance in aircraft engine MRO market.
Although the integration of sophisticated technologies has been prevailing in this sector since a while now, aerospace manufacturers have of late been vigorously capitalizing on the opportunities from digital disruption. Say for instance, GE Aviation, one of the internationally acclaimed aircraft engine market players, has been striving hard to exploit 3D printing technology in jet engine components, including ATP engine and FATE engine. Recently, the General Electric Subsidiary Group has made it to the front page with its present research on advanced Turboprop engine, GE Catalyst. This has become the latest scoop in aircraft engine market, given the fact that one third of its structure claims to possess 3D printed metal components. Reportedly, all these parts are printed at GE Aviation’s humongous Additive Technology Center (ATC) in Cincinnati, which allegedly is one of the largest of its kind across the world.
Fortified with an intent to promote sustainability via low carbon dioxide emission, it can be concluded that aircraft engine MRO industry players are indeed leaving no stone unturned to bring highly innovative technologies in the business space.