Aircraft Engine Nacelle Market Size - Industry Trends Report 2025

As per trusted estimates, global aircraft engine nacelle market is anticipated to grow with a CAGR of 8.6% during 2020-2025, hence accumulating USD 8.9 billion at the end of study period. Burgeoning passenger traffic across the globe has increased the manufacturing of new air fleets, which turn in boosting the growth of aircraft engine nacelles market. Growing focus among OEMs to reduce the overall weight and drag of the aircraft is encouraging the development of advanced nacelles with high efficiency and lightweight design. Implementation of additive manufacturing for nacelle engines is expected to create new growth opportunities for aircraft engine nacelle industry owing to benefits such as reduced weight and lower manufacturing cost.

Based on the type, global aircraft engine nacelle market is categorized into pylons under wing, rear mounted nacelle, clipped at wing, and others. Rear mounted nacelle segment is slated to see modest growth over the estimated timeframe. These nacelles or podded engines are used in smaller jet airplanes and are located at the rear of fuselage to ensure that engines do not get damaged by ingesting any foreign object from ground.

Speaking of the application spectrum, civil jet aircraft segment is anticipated to grow considerably during forecast period. Increasing global tourism is a major growth driver of the segment. Ongoing aerospace infrastructure developments in tandem with initiatives to connect secondary cities with aviation hubs across various countries is boosting the frequency of commercial air travel among the middle-class population in emerging countries. Emergence of low-cost carriers (LCC), increasing population, and rising disposable income especially in developing nations such as China and India are fueling the sales of civil jet aircrafts, thereby propelling the aircraft engine nacelle market.  

Considering the geographical landscape, the market is divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific aircraft engine nacelle market is presumed to record momentous growth in the forthcoming years. The growth can be credited to increasing procurement of new aircrafts, owing to escalating passenger traffic in the region. According to the projections by IATA, China will overtake the U.S. as the world’s largest aviation market in terms of air passenger traffic in 2020s, India will grab 3rd position surpassing the UK around 2024, whereas Indonesia is anticipated become the 4th largest aviation market by 2030. The growth potential of these markets is encouraging OEMs to expand their operational bases, which will serve as a major impetus for growth of APAC aircraft engine nacelle market in the ensuing years. Moreover, APAC is the second-largest military spender after North America. Upgradation of aging aircraft coupled with increasing investment in the defense sector will drive sales of transport aircrafts, thereby augmenting the regional market growth.

GKN, Safran, MRAS, UTC Aerospace Systems, Boeing, Nexcelle, Alenia Aermacchi, Bombardier, and Triumph are the major players of global aircraft engine nacelle market. These vendors are focused on new product development through incorporation of electric architecture and 3D manufacturing of engines to gain a competitive advantage and improve their market stake.

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