Global Aircraft Engine Market 2024-2028
Aircraft Engine Market 2024-2028
The aircraft engine market is forecasted to grow by USD 65.4 bn during 2023-2028, accelerating at a CAGR of 21.1% during the forecast period. The report on the aircraft engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in aircraft deliveries, strategic collaborations, and increasing operations in commercial aircraft industry.
Technavio's aircraft engine market is segmented as below:
By Application
- Commercial aviation
- Military aviation
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the new technologies gaining ground as one of the prime reasons driving the aircraft engine market growth during the next few years. Also, investments in the research and development of new engine models and introduction of 3d printing technology will lead to sizable demand in the market.
The report on the aircraft engine market covers the following areas:
- Aircraft Engine Market sizing
- Aircraft Engine Market forecast
- Aircraft Engine Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft engine market vendors that include Airbus SE, BMW AG, EuroJet Turbo GmbH, General Electric Co., Honeywell International Inc., IHI Corp., JSC Klimov, Liebherr International AG, Mitsubishi Heavy Industries Ltd, MTU Aero Engines AG, Northstar Aerospace, PowerJet Pressure Cleaning Systems, Pratt and Whitney, Safran SA, Shenyang Aircraft Corp., UEC Aviadvigatel JSC, Williams International Co. LLC, and Xi an Aero-Engine Corp.. Also, the aircraft engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.