According to the research report titled ‘Aircraft Thrust Reverser Market Size By Aircraft (Commercial [Narrow-body, Widebody], Regional, Business, Military), By Product (Cascade, Pivot, Bucket), By Manufacturing Process (Hand Layup, ATL/AFP, Resin Infusion),By Mechanism (Hydraulics, Electrical), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026’, available with MarketStudyReport, aircraft thrust reverser market is expected to expand at a robust rate during forecast period 2020-2026.
 

As per the report findings, escalating demand for fuel-efficient aircraft and technological developments will primarily driving the aircraft thrust reverser market growth over the projection period.
 

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For the unversed, thrust reverser is a device installed in exhaust system of an engine that effectively reverses the flow of exhaust gases. Although it is not prevalent in current aircrafts, it is used to reduce airspeed during flight at higher speeds as it is more effective because of the additional power produced by higher rate of operation and the proportional increase in net quantity of reverse thrust with speed.
 

With respect to product, cascade segment will expand significantly owing to increasing installation of equipment to improve aerodynamic performance and design. Further, rising commercial aircraft production will therefore have a favorable impact on the segmental expansion.
 

Based on aircraft, airplane thrust reverser market is classified into business jets, military, regional jets, widebody, narrow-body, and commercial. Of these, commercial aviation segment will widen at a strong pace due to growing requirement for aviation safety and dependability of aircraft structures.

Moreover, rising popularity of next-generation aircraft, as well as burgeoning utilization of composites in various widebody aircraft versions will drive segmental growth in the coming years.
 

In terms of production technique, the others segment which includes pre-preg layup, is extensively used in production of reinforced fabric. Some of the benefits of this process are maximized strength, homogeneity, and reproducibility for components. Additionally, less waste & mess, shorter curing time, and superior finished product aesthetics are projected to strengthen the demand for this process.
 

Talking about mechanism, electric mechanism will have a larger share over the projection timespan owing to a variety of benefits such as higher performance, increased reliability, and lightweight.
 

From a regional frame of reference, key geographies highlighted in the research document are North America (U.S., Canada), Europe (UK, Germany, Spain, France, Italy, ROE), Asia Pacific (Japan, China, South Korea, India, Australia, RoAPAC), and Latin America (Mexico and Brazil). Among the aforementioned, Latin America market size is likely to widen at a noteworthy pace due to increasing demand for low-cost carriers in the region.
 

Considering the competitive landscape, The Nordman Group, Inc., GKN Aerospace Services Limited, Spirit AeroSystems, Inc., Leonardo S.p.A., Safran S.A., FACC AG, Composites Technology Research Malaysia Sdn. Bhd (CTRM), Bombardier Inc., UTC Aerospace Systems, and Triumph Group, Inc. are the major companies influencing aircraft thrust reverser market trends.