Global Aircraft Engine Market, By Engine Type (Turbofan, Piston, Turboprop, Turboshaft), By Aircraft Type (Narrow Body, Rotorcrafts, Business Aircrafts, Fighter Aircrafts, Wide Body Aircrafts, Regional Aircrafts), By Platform (Fixed Wing and Rotary Wing), By Application (Commercial, Military), By Region, Competition, Opportunity, and Forecast, 2017-2035
Bharat Book Bureau Provides the Trending Market Research Report on “Global Aircraft Engine Market, By Engine Type (Turbofan, Piston, Turboprop, Turboshaft), By Aircraft Type (Narrow Body, Rotorcrafts, Business Aircrafts, Fighter Aircrafts, Wide Body Aircrafts, Regional Aircrafts), By Platform (Fixed Wing and Rotary Wing), By Application (Commercial, Military), By Region, Competition, Opportunity, and Forecast, 2017-2035” under Defence Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports. Global Aircraft Engine Market is anticipated to grow with a 4.78% CAGR during the forecast period, to achieve a market value of USD195.62 billion by 2035. Market value in 2021 was
USD94.40 billion, which is expected to grow on the backbone of increasing demands for the aircraft and manufacturing of the same globally. Increasing demand for advanced aircraft with higher fuel efficiency and better facilitation further drives the global aircraft engine market's growth in the next five years. Growing international tourism and higher expenses for manufacturing technologically advanced aircraft also support the growth of the global aircraft engine market in the next five years. COVID-19 pandemic situation and strict & stringent regulations on the tourism industry have disrupted the distribution channels and affected the global aircraft engine market. It also slowed the manufacturing of the aircraft engine, thus affecting the market growth in 2020 and 2021. Growing demand for the original manufacturing of the aircraft's critical components, such as aircraft engines, also supports the growth of the global aircraft engines market in the next five years. Rising concerns regarding accidental deaths due to aircraft engine failures and sudden heating accidents further substantiate the growth of the global aircraft engine market in the future five years. The global aircraft engine market is segmented by engine type, aircraft type, platform, application, regional distribution, and competitive landscape. Based on engine type, the market is further segmented into turbofan, piston, turboprop, and turboshaft. By aircraft type, the market is also fragmented into narrowbody, rotocrafts, business aircrafts, fighter aircrafts, wide body aircrafts, and regional aircrafts. Based on platform, the market is differentiated between fixed wing and rotary wing. By application, the market is distinguished between commercial and military. The market analysis also studies the regional segmentation, divided among AsiaPacific, Americas, Europe, and Middle East & Africa. By application, commercial applications are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of increasing commercial flights in recent years. Although the industry suffered due to the pandemic, the recent reinstatement of the tourism industry and distribution channels are expected to support the segmental growth and the growth of the global aircraft engine market in the forecast period. Raytheon Technologies Corporation, General Electric Company, Safran Aircraft Engines, RollsRoyce plc, Honeywell International Inc., MTU Aero Engines AG, Aero Engine Corporation of China (AECC), Continental Aerospace Technologies, Textron Inc., Williams International. These are the key players are developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach. Years considered for this report: Historical Years: 2017- 2020 Base Year: 2021 Estimated Year: 2022E
Forecast Period: 2023F – 2035F Objective of the Study: •To analyze the market size of global aircraft engine market from 2017 to 2021. •To estimate and forecast the market size of global aircraft engine market from 2022E to 2035F and growth rate until 2035F. •To classify and forecast global aircraft engine market based on engine type, aircraft type, platform, application, regional distribution, and competitive landscape. •To identify dominant region or segment in the global aircraft engine market. •To identify drivers and challenges for global aircraft engine market. •To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global aircraft engine market. •To identify and analyze the profile of leading players operating in global aircraft engine market. •To identify key sustainable strategies adopted by market players in global aircraft engine market. Our research performed both primary as well as exhaustive secondary research for this study. Initially, our research sourced a list of manufacturers across the globe. Subsequently, our research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, our research could include the manufacturers which could not be identified due to the limitations of secondary research. Our research analyzed the manufacturers & service providers, distribution channels and presence of all major players across the globe. Our research calculated the market size of global aircraft engine market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by our research. Key Target Audience: •Manufacturers, suppliers, distributors and other stakeholders •Government bodies such as regulating authorities and policy makers •Organizations, forums and alliances related to aircraft engine •Market research and consulting firms The study is useful in providing answers to several critical questions that are important for the
industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Report Scope: In this report, global aircraft engine market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Aircraft Engine Market, By Engine Type: oTurbofan oPiston oTurboprop oTurboshaft • Aircraft Engine, By Aircraft Type: oNarrow Body Aircrafts oRegional Aircrafts oBusiness Aircrafts oRotocrafts oWide Body Aircrafts oFighter Aircrafts •Aircraft Engine, By Platform: oFixed Wing oRotary Wing •Aircraft Engine, By Application: oCommercial oMilitary •Aircraft Engine Market, By Region: oAmericas United States Canada Brazil Mexico oEurope United Kingdom France Germany Russia Spain Italy Poland
oAsia-Pacific China Japan South Korea Australia India oMiddle East and Africa Israel South Africa Competitive Landscape Company Profiles: Detailed analysis of the major companies present in global aircraft engine market. Available Customizations: With the given market data, our research offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information •Detailed analysis and profiling of additional market players (up to five). ur research offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information •Detailed analysis and profiling of additional market players (up to five). our research offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information •Detailed analysis and profiling of additional market players (up to five). our research offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information •Detailed analysis and profiling of additional market players (up to five).
Browse our full report with Table of Content : https://www.bharatbook.com/report/1353667/global-aircraft-engine-market-by-enginetype-turbofan-piston-turboprop-turboshaft-by-aircraft-type-narrow-body-rotorcraftsbusiness-aircrafts-fighter-aircrafts-wide-body-aircrafts-regional-aircrafts-by-platform-fixedwing-and-rotary-wing-by-application-commercial-military-by-region-competitionopportunity-and-forecast About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 15,00,000 reports and insights that includes the latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters, and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Website: www.bharatbook.com