Turboshaft Engines Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Turboshaft Engines Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Turboshaft Engines Market Overview

The turboshaft engines market is an essential segment within the aerospace industry, primarily used in military and civil aircraft applications. These engines are designed to convert energy from the combustion process into mechanical power, typically for helicopters, military jets, and other vertical lift platforms. The market for turboshaft engines is anticipated to experience steady growth, driven by the rising demand for advanced propulsion systems and the ongoing development of military and commercial aviation technologies. As the aerospace sector continues to expand globally, the demand for both axial-flow and centrifugal turboshaft engines is set to increase significantly.

Market Size

The turboshaft engines market is expected to grow at a compound annual growth rate (CAGR) between 4.5% and 5.8% from 2025 to 2030. This growth is primarily driven by the increasing need for more efficient, durable, and cost-effective propulsion systems in both military and civil aviation sectors.

Market Share & Trends Analysis

By Product Type

The turboshaft engines market can be segmented into two main product types:

• Axial-Flow Type: The axial-flow turboshaft engines segment is projected to experience significant growth, driven by their widespread adoption in high-performance military aircraft and helicopters. This product type is expected to grow at a CAGR of 4.7% to 5.9%.
• Centrifugal Type: Centrifugal turboshaft engines are gaining traction due to their simplicity and efficiency in smaller military and civil aircraft applications. This segment is estimated to grow at a CAGR of 4.4% to 5.7%, with increasing demand from the civilian helicopter market.

By Key Players

The turboshaft engines market is highly competitive, with several key players contributing to market growth and technological advancements:

• Rolls-Royce: Known for its cutting-edge aerospace technologies, Rolls-Royce is a leader in the turboshaft engine market, with significant contributions to both military and civil aviation sectors.
• GE: A major player in the aerospace sector, GE's turboshaft engines are widely used in military helicopters and commercial aircraft, supporting a wide range of aircraft platforms.
• Pratt & Whitney: Specializing in high-performance turboshaft engines, Pratt & Whitney is a key supplier to both military and civilian aircraft manufacturers.
• CFM International: CFM is a prominent player offering reliable, efficient turboshaft engines for various aircraft, including civil helicopters and military jets.
• Honeywell Aerospace: Honeywell is known for its technological advancements in turboshaft engines, providing engines for both civil and military aircraft with a focus on fuel efficiency and reduced emissions.
• PBS Velká Bíteš: This company is recognized for producing affordable and efficient turboshaft engines, particularly for light and medium-sized helicopters.
• KHI (Kawasaki Heavy Industries): KHI manufactures advanced turboshaft engines for military helicopters and civil aviation, contributing to Japan’s aerospace capabilities.
• Safran: A leading provider of high-performance propulsion systems, Safran produces turboshaft engines used in both military and commercial aviation applications.
• Avio Aero: Known for its lightweight and efficient turboshaft engines, Avio Aero supports the aerospace industry with its products used in both commercial and military sectors.
• IHI Corporation: IHI manufactures reliable turboshaft engines for military applications, focusing on the Japanese and global aerospace markets.

By Application

The turboshaft engines market is utilized across two key applications:

• Military Aircraft: The military aircraft segment is expected to grow at a CAGR of 4.6% to 5.9%, driven by increased defense spending and the development of advanced, high-performance turboshaft engines for combat helicopters and vertical lift military platforms.
• Civil Aircraft: The civil aircraft market, particularly in the helicopter industry, is forecasted to grow at a CAGR of 4.4% to 5.6%, driven by the demand for commercial helicopters used in transportation, tourism, and emergency services.

By Region

Geographically, the turboshaft engines market is expected to witness strong growth in the following regions:

• North America: North America, particularly the United States, is expected to dominate the turboshaft engine market, with a projected CAGR of 4.8% to 6.0%, owing to strong defense and commercial aviation sectors.
• Europe: Europe is anticipated to grow at a CAGR of 4.5% to 5.7%, driven by the increasing demand for both military helicopters and civil aircraft in countries like France, the UK, and Germany.
• Asia-Pacific: The Asia-Pacific region is expected to grow rapidly, with a CAGR of 5.1% to 6.3%, due to increased military spending and the growing aviation markets in countries like China and India.
• Latin America and Middle East & Africa: These regions are forecasted to see moderate growth, with a CAGR of 4.3% to 5.5%, as defense budgets and civil aviation investments continue to rise.

Segment Forecasts (2025-2030)

Growth in Key Segments

• Axial-Flow Type: The axial-flow turboshaft engines are projected to witness a robust growth rate of 4.7% to 5.9%, driven by their high efficiency and performance in military applications.
• Centrifugal Type: The centrifugal type is expected to grow at a rate of 4.4% to 5.7%, with demand rising for smaller, efficient engines in commercial helicopter applications.

Regional Insights

North America is expected to maintain the largest share of the market, with the highest growth rate of 4.8% to 6.0%, while the Asia-Pacific region will see the fastest growth with a projected CAGR of 5.1% to 6.3%.