Aircraft Engine Nacelle Market Size, Share, Industry Forecast, 2021-2028
Aircraft Nacelle Market The Aircraft Nacelle Market was valued around USD 1,530 million in 2020 and is projected to grow at a robust CAGR over the forecast period (2021-2028). The factors driving the growth of Aircraft Nacelle Market includes rise in the air passenger traffic around the world, growing use of aircraft nacelles in commercial aircraft and business jets and increasing demand for fuel-efficient and noise-reducing nacelles. According to the report published by Bloomberg, the Global Commercial Aircraft Market is estimated to reach USD 192.76 billion by the end of 2030, expanding at a CAGR of 4.2% over the forecast period (2021-2028), which will boost the Aircraft Nacelle Market size in the approaching years. Moreover, the increasing Government budget on defense and military sector to procure advanced military aircrafts, growing adoption of additive manufacturing technology to produce nacelle systems and rapid growth in the travel and tourism industry, are some of the ...