Global Aircraft Engine Compressor Market 2024-2028

Global Aircraft Engine Compressor Market 2024-2028

The aircraft engine compressor market is forecasted to grow by USD 11729.33 mn during 2023-2028, accelerating at a CAGR of 6.61% during the forecast period. The report on the aircraft engine compressor 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 an increase in aircraft deliveries, the development of lightweight materials to enhance fuel economy, and the development of technologically advanced and next-generation engines.

Technavio's aircraft engine compressor market is segmented as below:

By Type

• Heavy duty
• Medium
• Light

By Application

• Commercial and business aircraft
• Military aircraft

By Geography

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the development of electric and hybrid aircraft as one of the prime reasons driving the aircraft engine compressor market growth during the next few years. Also, innovations in the field of manufacturing technology and the emergence of advanced sensor-based technologies will lead to sizable demand in the market.

The report on the aircraft engine compressor market covers the following areas:

• Aircraft engine compressor market sizing
• Aircraft engine compressor market forecast
• Aircraft engine compressor 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 compressor market vendors that include Bet Shemesh Engines Ltd., Bharat Forge Ltd., Compressed Air Systems Inc, EuroJet Turbo GmbH, General Electric Co., Honeywell International Inc., IHI Aerospace Co. Ltd., JSC Klimov, Melrose Industries Plc, MTU Aero Engines AG, OC Oerlikon Corp. AG, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Safran SA, The Williams Co. Inc., Turbocam Inc., and UEC Aviadvigatel JSC. Also, the aircraft engine compressor 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 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 research - both primary and secondary. 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.