Aviation Propulsion Systems Market Cost Structure and Growth Opportunities 2019
Market Summary The Global Aviation Propulsion Systems Market was valued at around USD 244 billion in 2016 and is expected to grow at a CAGR of 6.8% to reach USD 469 billion by the year 2026. The projection is based on the increasing number of aircraft, space expeditions, upgradation of airborne & unmanned aerial vehicle and also the high expenditures associated with aviation, among the other factors. This report accounts for all the factors such as the size, share, demand, growth, gross profits, earnings and revenue of the industry.
Further key findings from the report suggest • In 2018, GE Aviation, in partnership with EVOTL Company, developed a turboprop engine of which onethird of the engine was constructed using 3D printing. • The study evaluates data gathered from the years 2016 and 2017, while taking 2018 as the base year, to give an extensive view of the trends of the sector and predicts the possible growth of the Aviation Propulsion Systems Market for the years 2019 to 2026. • Using 3D printing 855 separate parts of the engine were turned into 12 which resulted in a lighter engine, 10% more powerful as compared to other turboprop engines with about 20% reduction in fuel burn.
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Key Players: General Electric Company, United Technologies Corporation, Rolls-Royce plc., Honeywell International Inc., Aerojet Rocketdyne Holdings, 3W International, Lockheed Martin Corporation, Raytheon, Northrop Grumman Corporation, Safran, and GKN Aerospace. Segmentation:
• Market segment based on Product: ➢ Non-Air Breathing ➢ Air Breathing ➢ Electric • Market segment based on Application: ➢ Aircraft ➢ Missiles ➢ Unmanned Aerial Vehicles ➢ Spacecraft www.reportsanddata.com
Regional Vehicle Access Control Market (Regional Output, Demand & Forecast by Countries):-
• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments
• Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors
• Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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