Global Aero-Engine Market Growth 2023-2029

Global Aero-Engine Market Growth 2023-2029

An aero-engine or aircraft engine is the component of the propulsion system for an aircraft that generates mechanical power. Aircraft engines are almost always either lightweight piston engines or gas turbines, except for small multi copter UAVs which are almost always electric aircraft.

LPI (LP Information)' newest research report, the “Aero-Engine Industry Forecast” looks at past sales and reviews total world Aero-Engine sales in 2022, providing a comprehensive analysis by region and market sector of projected Aero-Engine sales for 2023 through 2029. With Aero-Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aero-Engine industry.

This Insight Report provides a comprehensive analysis of the global Aero-Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aero-Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aero-Engine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aero-Engine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aero-Engine.

The global Aero-Engine market size is projected to grow from US$ 26770 million in 2022 to US$ 33890 million in 2029; it is expected to grow at a CAGR of 33890 from 2023 to 2029.

The Aero-engine industry is highly concentrated, there are only some manufacturers in the world, and high-end products mainly come from North America and Europe. Market competition is relatively intense. GE, Pratt & Whitney, Rolls-Royce and Safran are the leaders of the industry, with about 97% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Aero-Engine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Piston Engine

Gas Turbine Engine

Other Engine

Segmentation by application

Commercial Aircrafts

Military Aircrafts

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

GE

Pratt & Whitney

Rolls-Royce

Safran

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aero-Engine market?

What factors are driving Aero-Engine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aero-Engine market opportunities vary by end market size?

How does Aero-Engine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.