The afterburner market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the market share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.

An afterburner is a supplemental combustion component used mostly in military supersonic aircraft. It is majorly deployed to increase thrust which is required for supersonic aircraft, takeoff, and combat scenarios. The afterburner market growth will be augmented by increased production and deployment of fighter aircraft in developed as well as developing countries.

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Air superiority fighter planes offer attributes like long-range weapons as well as supersonic aptitudes and high maneuverability. There is increasing penetration of afterburner transformers in these aircraft as they exhibit long-range, stealth, and secondary ground-attack abilities. On this note, the afterburner industry share from air superiority fighter segment is anticipated to record over 13% CAGR up to 2026.

On the other hand, the annual revenue from the interceptor aircraft afterburner market is projected to rise at a significant rate as well through the same timeframe. Interceptor aircraft when incorporated with afterburners show excessive speed and offer powerful armament in comparison to their counterparts, hence witness higher presence across the developing countries.

The strict regulations formed by various government authorities owing to lockdowns and social distancing in the present covid-19 pandemic has globally hampered the production of aircraft and airplane engines. Owing to this, the overall sales of afterburners in this present year 2020 is largely impacted as the average shutdown duration for aircraft manufacturing facilities cannot exceed 30 working days.

The increasing instances of remanufacturing and repair services of aircraft engines may also negatively influence the market forecast to a certain extent.

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The APAC industry growth will be augmented by the expanding India fighter aircraft market, along with the mass production of aircraft in the country. Reportedly, the Asia Pacific afterburner market held a market share of over 25% in 2019.

Prominent industry players have entered into joint ventures with leading aircraft manufacturers to strengthen their market presence and to expand their product and services portfolio. For example, Boeing and Safran in 2018, set up a joint venture company, Initium Aerospace, which is involved in designing, building, and servicing aircraft Auxiliary Power Units (APUs).

Major Key Points from Table of Content:

Chapter 4   Afterburner Market, By Engine Type

4.1    Global market insights, by engine type

4.2    Turbofans Engine

4.2.1    Global market estimates and forecasts, 2016 - 2026

4.2.2    Market estimates and forecast, by region, 2016 - 2026

4.3    Turbojet Engine

4.3.1    Global market estimates and forecasts, 2016 - 2026

4.3.2    Market estimates and forecast, by region, 2016 – 2026

Chapter 5   Afterburner Market, By Plane Type

5.1    Global market insights, by plane type

5.2    Air Superiority Fighter

5.2.1    Global market estimates and forecasts, 2016 - 2026

5.2.2    Market estimates and forecast, by region, 2016 - 2026

5.3    Light fighter

5.3.1    Global market estimates and forecasts, 2016 – 2026

5.3.2    Market estimates and forecast, by region, 2016 – 2026

5.4    Electric Compressor

5.4.1    Global market estimates and forecasts, 2016 – 2026

5.4.2    Market estimates and forecast, by region, 2016 - 2026

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