Global Jet Engines Market Growth 2023-2029
Jet Engines is a reaction engine discharging a fast-moving jet that generates thrust by jet propulsion. This broad definition includes turbojets, turbofans, rocket engines, ramjets, and pulse jets. In general, jet engines are combustion engines.
LPI (LP Information)' newest research report, the “Jet Engines Industry Forecast” looks at past sales and reviews total world Jet Engines sales in 2022, providing a comprehensive analysis by region and market sector of projected Jet Engines sales for 2023 through 2029. With Jet Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Jet Engines industry.
This Insight Report provides a comprehensive analysis of the global Jet 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 Jet Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Jet Engines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Jet 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 Jet Engines.
The global Jet Engines market size is projected to grow from US$ 76510 million in 2022 to US$ 116760 million in 2029; it is expected to grow at a CAGR of 116760 from 2023 to 2029.
North America is the largest market with about 58% revenue market share. Europe is follower.
The key players are GE Aviation, Pratt & Whitney, Rolls-Royce, Safran etc. GE Aviation is the largest manufacturer with about 32% revenue market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Jet Engines market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Turbojet Engine
Turbofan Engine
Turboprop Engine
Segmentation by application
Commercial Aircraft
Military 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.
GE Aviation
Pratt & Whitney
Rolls-Royce
Safran
Key Questions Addressed in this Report
What is the 10-year outlook for the global Jet Engines market?
What factors are driving Jet Engines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Jet Engines market opportunities vary by end market size?
How does Jet 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.
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