Stratview Research has published a new research report on Aircraft Engine Seals Market. This extensive 276-page report by Stratview Research analyses the growth of Aircraft Engine Seals Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments –
by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
by Application Type (Nacelle, Fan Blades, and Others)
by Motion Type (Dynamic Seals and Static Seals)
by Function Type (Fire Seals, Conductive and Insulative Seals, and Others)
by Material Type (Polymer Seals, Metal Seals, and Others)
and by Region (North America, Europe, Asia-Pacific, and RoW)
Use of extremely stable oils and lubricants in an engine
Aircraft engines have immensely evolved throughout the journey of the aircraft industry as they play the most pivotal role in an aircraft. Most of the innovations happening in an aircraft engine are primarily targeting three areas: more power, more durability, and more efficiency.
Almost all the engine systems and their components have had a disruptive journey with significant changes in design, technology, and materials.
Seals are also not untouched with such market dynamics and have experienced significant changes in design and material over the period.
For instance, development of high-thrust engine favors those seals that can withstand harsh environmental conditions. Furthermore, use of extremely stable oils and lubricants in an engine demand seals that do not degrade or deteriorate themselves and also protect related components in such hostile circumstances.
Engine seals must be quite stable and efficient to sustain in newer engine environment and cope with the existing as well as upcoming challenges.
Rising greenhouse gas emissions
Similarly, rising greenhouse gas emissions are also imprinting a radical impact on aircraft engines as well as seals used in them. The airline industry currently accounts for about 2% of the global greenhouse gas emissions.
Rising greenhouse gas emissions is putting enormous pressure to airframers and engine manufacturers for developing advanced engines with enhanced fuel efficiency and reduced carbon emissions. the industry is heavily working for the usage of biofuels as an alternative fuel.
Airlines are showing a sheer interest and are ready to invest in such technologies in order to gain sustainability advantage by minimizing the consumption of fossil fuels and contributing towards decarbonization. Engine seals are prone to be compatible with such sustainable aviation fuel options and require advancement in sealing materials.
Increasing production rates of key aircraft programs
The aircraft engine seals market is projected to grow at a healthy growth over the next five years to reach US$ 391.9 million in 2023. Engine is the most dominant application area of seals in an aircraft and accounts for more than 35% of the total aircraft seals market.
Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight aircraft engine seals; growing need for reducing engine maintenance requirements, an increased demand for improving fuel efficiency; and rising aircraft fleet size are the major factors that are burgeoning the demand for seals in the aircraft engine market.
Commercial aircraft to remain the growth engine
The aircraft engine seals market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, and General Aviation. Commercial aircraft is expected to remain the growth engine of the aircraft engine seals market during the forecast period of 2018 to 2023.
Increasing commercial aircraft deliveries to support rising passenger traffic, introduction of fuel-efficient next-generation aircraft, advancement in turboprop engines and propulsion systems, and rising commercial aircraft fleet size across regions are the key factors propelling the demand for seals in the segment…