Aircraft Thrust Reverser Actuation Systems Market: COVID-19 Focused Report| Evolving Opportunities with Arkwin Industries Inc. and General Electric Co.| Technavio
Shape strategic responses through the phases of industry recovery
Arkwin Industries Inc., Diakont Advanced Technologies Inc., and General Electric Co. will emerge as major aircraft thrust reverser actuation systems market participants during 2021-2025
NEW YORK, May 18, 2021 /PRNewswire/ --
The aircraft thrust reverser actuation systems market is expected to grow by USD 174.59 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the aircraft thrust reverser actuation systems market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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The aircraft thrust reverser actuation systems market will witness a Negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Aircraft Thrust Reverser Actuation Systems Market Participants:
Arkwin Industries Inc.
Arkwin Industries Inc. offers thrust reverser systems that help to enable shorter landing distances and reduce wear on the braking system by slowing down the aircraft after touch-down.
Diakont Advanced Technologies Inc.
Diakont Advanced Technologies Inc. offers electric roller screw servo actuators for aircraft thrust reverse control and other aircraft applications that require high force and reliability.
General Electric Co.
General Electric Co. offers aircraft thrust reverser actuation products through its subsidiary, Middle River Aerostructure Systems.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown:
More Details: https://www.technavio.com/report/aircraft-thrust-reverser-actuation-systems-market-industry-analysis
Aircraft Thrust Reverser Actuation Systems Market 2021-2025: Segmentation
The aircraft thrust reverser actuation systems market is segmented as below:
- Application
- Commercial Aircraft
- Business Jet
- Military Aircraft
- Geography
- North America
- Europe
- APAC
- South America
- MEA
The aircraft thrust reverser actuation systems market is driven by the increasing demand for newer-generation aircraft. In addition, the increasing demand for newer-generation aircraft is expected to trigger the aircraft thrust reverser actuation systems market toward witnessing a CAGR of over 2% during the forecast period.
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/aircraft-thrust-reverser-actuation-systems-market-industry-analysis
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