November 08, 2019
According to the latest study titled ‘Global Aerospace Inconel Blisk Market: Analysis By Application (Commercial, Military), By Region, By Country (2019 Edition): Opportunities and Forecast (2013-2023) - By Region (North America, Europe, APAC), By Country (US, Canada, UK, France, Germany, Russia, Singapore, China)’ available with Market Study Report LLC, the global aerospace inconel blisk market is estimated to grow substantially by the year 2023.
Blisk is an aeroengine component having both rotor disk and blades. It is a single piece component with removable blades. Factors such as rise in the production of turbofan engine series like GTF and LEAP which is installed with inconel blisk, in consort with replacement of old fleets and growing inclination towards narrow body single aisle aircraft are fostering the demand for new aircraft engines, thereby augmenting the growth of aerospace inconel blisk market.
The study encompasses details about segmental shares and expansion strategies adopted by manufacturers, alongside the challenges, drivers, trends, and restraints impacting the market growth. It analyzes the competitive landscape of aerospace inconel blisk market using Porter Five Force analysis and SWOT analysis, while also defining the regulatory landscape prevailing in the market.
Based on application spectrum, the industry is bifurcated into commercial engines and military engines. While considering the geographical landscape, the global aerospace inconel blisk market is divided into three major regions, namely, North America, APAC, and Europe, with key focus on countries like Canada, US, UK, Germany, France, Singapore, Russia, and China.
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As per the report, APAC aerospace inconel blisk market is predicted to register momentous growth in the upcoming years, pertaining to generous manufacturing of LEAP engines in Singapore, coupled with introduction of aircraft engines by Chinese aircraft engine manufacturers.
Some of the vendors that operate in aerospace inconel blisk market are GKN Aerospace, MTU Aero Engines, Starrag, ITP Aero, TUSAS Engine Industries (TEI), Hanwha Aerospace, EDAC Technologies, TECT Power, Turbocam International, and PM Group.
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