Aircraft Engines Market by Type (Turboprop, Turbofan, Turboshaft, Piston Engine), Application (Military Aviation, Commercial Aviation, General Aviation), Platform (Fixed Wing, Rotary Wing), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)
The global aircraft engines market was valued at USD 42.43 billion in 2020, and it is projected to reach about USD 75.8 billion by 2026, registering a CAGR of over 7.6% during the forecast period
Demand for new generation engines with low emissions and lower weight, which will enhance the fuel efficiency of aircraft are some of the factors that have supported long-term expansion for the aircraft engines industry.
Aircraft Engines Market is segmented into type, platform, application, and geography.
The type segment is segmented into turboprop, turbofan, turboshaft, and piston engine.
The platform segment is segmented into fixed-wing and rotary-wing.
The application segment is segmented into commercial aviation, general aviation, and military aviation.
Geographically, Aircraft Engines Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America and insights are provided for each region and major countries within the regions
Key players in Aircraft Engines Market are General Electric Aviation (U.S.), United Technologies Corporation (U.S.), Safran SA (France), and Rolls Royce Holdings PLC (U.K.), among others.
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 42.6 billion |
Growth Rate |
CAGR of 7.6% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
Report Segmentation |
Type, platform, application, and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
General Electric Aviation (U.S.), United Technologies Corporation (U.S.), Safran SA (France), and Rolls Royce Holdings PLC (U.K.), among others. |
Available Customization |
In addition to the market data for Aircraft Engines Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |