Global General Aviation Engines Market Growth 2023-2029

Global General Aviation Engines Market Growth 2023-2029

General Aviation Engines, often referred to as an aero engine, is the power component of an aircraft propulsion system. Most aircraft engines are either piston engines or gas turbines, although in recent years many small UAVs have used electric motors.
LPI (LP Information)' newest research report, the “General Aviation Engines Industry Forecast” looks at past sales and reviews total world General Aviation Engines sales in 2022, providing a comprehensive analysis by region and market sector of projected General Aviation Engines sales for 2023 through 2029. With General Aviation Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world General Aviation Engines industry.
This Insight Report provides a comprehensive analysis of the global General Aviation Engines 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 General Aviation Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global General Aviation Engines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for General Aviation Engines 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 General Aviation Engines.
The global General Aviation Engines market size is projected to grow from US$ 5033.1 million in 2022 to US$ 7121.4 million in 2029; it is expected to grow at a CAGR of 7121.4 from 2023 to 2029.
The main global General Aviation Engines players include CFM International, General Electric, International Aero Engines AG, Rolls-Royce Holdings, etc. The top four General Aviation Engines players account for approximately 72% of the total market. North America is the largest consumer market for General Aviation Engines, accounting for about 57%, followed by Europe and Asia-Pacific. In terms of type, Piston Engine is the largest segment, with a share over 45%. And in terms of application, the largest application is Piston Engine Aircraft, followed by Business Jet.
This report presents a comprehensive overview, market shares, and growth opportunities of General Aviation Engines market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Turboprop Engine
Turbofan Engine
Turboshaft Engine
Piston Engine
Segmentation by application
Business Jet
Turboprop Aircraft
Piston Engine Aircraft
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.
CFM International
General Electric
International Aero Engines AG
Rolls-Royce Holdings
Pratt & Whitney Group(Raytheon)
Safran SA
Honeywell International
MTU Aero Engines AG
Engine Alliance LLC
Aero Engine Corporation of China

Key Questions Addressed in this Report
What is the 10-year outlook for the global General Aviation Engines market?
What factors are driving General Aviation Engines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do General Aviation Engines market opportunities vary by end market size?
How does General Aviation Engines 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.