Press Resease

Aircraft Engines Market - Global Industry Analysis

Aircraft Engines Market by Type (Turboprop Engine, Turbofan Engine, Turboshaft Engine, and Piston Engine), by Application (Commercial Aviation, Military Aviation, and General Aviation), by Platform (Fixed Wing, and Rotary Wing), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Published Date: 16-Sep-2020 Category: Defense & Security Report Format : PDF Pages: 110 Report Code: ZMR-4247 Status : Published

According to the report, global demand for aircraft engines market was valued at approximately USD 73.24 Billion in 2019, and is expected to generate revenue of around USD 106.54 Billion by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.

Description

According to the report, global demand for aircraft engines market was valued at approximately USD 73.24 Billion in 2019, and is expected to generate revenue of around USD 106.54 Billion by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.

Global Aircraft Engines Market: Overview

An aircraft engine is a part of the propulsion system for an aircraft that produces mechanical power. The product is a light weighted piston engine or light weighted gas turbine. Additionally, thriving aircraft manufacturing sector is envisaged to create lucrative growth avenues for aircraft engines market over the years ahead. In the aircraft engine, the air is drawn from the front via an inlet and is compressed with the help of a fan and then mixed with the fuel for combustion. This compressed air is then fired out to thrust the aircraft forward.

Global Aircraft Engines Market: Growth Factors

Journey through air crafts has increased significantly over the past few years due to the rise in disposable income. This has resulted in the rise in the fleet size, thereby propelling the growth of aircraft engines market. A massive need for quick passenger & goods transport facility and comfortable journey for passengers has generated the demand for aircraft engines. The market is likely to gain traction over the years ahead due to massive demand from the military sector in order to combat terrorist activities, drug trafficking, and illegal intrusion. Nevertheless, environmental pollution due to expulsion & emission of fumes produced as a result of fuel combustion in aircraft engines can hinder the industry growth. Additionally, high manufacturing & maintenance costs coupled with the availability of less number of product manufacturing units has resulted in diseconomies of scale, thereby adversely impacting the growth dynamics of the business vertical.

Global Aircraft Engines Market: Segmentation

The aircraft engines market can be sectored into product type, wing position, and end-user. Based on the product type, the industry can be divided into a turboprop, piston engine, turboshaft, and turbofan. In terms of wing position, the aircraft engines market can be sectored into the rotary wing and fixed wing. On the basis of end-user, the aircraft engines industry can be divided into military aviation and commercial aviation.

Global Aircraft Engines Market: Regional Analysis

Region wise, the aircraft engines market can be divided into five main regions: Europe, Latin America, Asia Pacific, North America, and the Middle East and Africa. North American region is slated to outperform other regions in terms of revenue growth through major contribution towards the overall market earnings. The growth of the region can be attributed to the large-scale presence of the original equipment manufacturers in countries such as Canada and the U.S.

Moreover, the escalating demand for new aircraft in countries such as China and India is expected to boost the expansion of aircraft engines industry in the Asia Pacific zone. Additionally, the increase in air passenger traffic in both these countries will further enlarge the market scope in the region. Furthermore, many of the giant players of the industry have shifted their production basis to the Asia Pacific region. This will prompt regional market growth.

European aircraft engines industry is anticipated to reach scalable heights over the estimated timeframe, owing to high product penetration across the countries such as; France, UK, and Germany.

Global Aircraft Engines Market: Competitive Players

Few of the main participants in aircraft engines market are Hindustan Aeronautics Limited, IAE International Aero Engines AG, CFM International, Rolls-Royce plc, Snecma S.A, Safran, Engine Alliance, GE Aviation, Boeing, MTU Aero Engines, Pratt & Whitney, and Honeywell Aerospace.

Global Aircraft Engines Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Aircraft Engines Market, 2016 – 2026 (USD Billion)
    • 2.2. Aircraft Engines Market: Snapshot
  • Chapter 3. Aircraft Engines Market – Industry Analysis
    • 3.1. Aircraft Engines Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increase in aircraft orders
      • 3.2.2. Increasing demand for fuel-efficient engines
    • 3.3. Restraints
      • 3.3.1. Long life cycle of aircraft engines
      • 3.3.2. Existing backlogs in aircraft deliveries
    • 3.4. Opportunities
      • 3.4.1. Emergence of aircraft manufacturers in Asia Pacific and Latin America
      • 3.4.2. Increase in demand for lightweight aircraft engines
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by Type
      • 3.6.2. Market attractiveness analysis by Application
      • 3.6.3. Market attractiveness analysis by Platform
      • 3.6.4. Market attractiveness analysis by Region
  • Chapter 4. Aircraft Engines Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Aircraft Engines Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Aircraft Engines Market – Type Analysis
    • 5.1. Global Aircraft Engines Market overview: by Type
      • 5.1.1. Global Aircraft Engines Market share, by Type, 2019 and 2026
    • 5.2. Turboprop Engine
      • 5.2.1. Global Aircraft Engines Market by Turboprop Engine, 2016 – 2026 (USD Billion)
    • 5.3. Turbofan Engine
      • 5.3.1. Global Aircraft Engines Market by Turbofan Engine, 2016 – 2026 (USD Billion)
    • 5.4. Turboshaft Engine
      • 5.4.1. Global Aircraft Engines Market by Turboshaft Engine, 2016 – 2026 (USD Billion)
    • 5.5. Piston Engine
      • 5.5.1. Global Aircraft Engines Market by Piston Engine, 2016 – 2026 (USD Billion)
  • Chapter 6. Global Aircraft Engines Market – Application Analysis
    • 6.1. Global Aircraft Engines Market overview: by Application
      • 6.1.1. Global Aircraft Engines Market share, by Application, 2019 and 2026
    • 6.2. Commercial Aviation
      • 6.2.1. Global Aircraft Engines Market by Commercial Aviation, 2016 – 2026 (USD Billion)
    • 6.3. Military Aviation
      • 6.3.1. Global Aircraft Engines Market by Military Aviation, 2016 – 2026 (USD Billion)
    • 6.4. General Aviation
      • 6.4.1. Global Aircraft Engines Market by General Aviation, 2016 – 2026 (USD Billion)
  • Chapter 7. Global Aircraft Engines Market – Platform Analysis
    • 7.1. Global Aircraft Engines Market overview: by Platform
      • 7.1.1. Global Aircraft Engines Market share, by Platform, 2019 and 2026
    • 7.2. Fixed Wing
      • 7.2.1. Global Aircraft Engines Market by Fixed Wing, 2016 – 2026 (USD Billion)
    • 7.3. Rotary Wing
      • 7.3.1. Global Aircraft Engines Market by Rotary Wing, 2016 – 2026 (USD Billion)
  • Chapter 8. Global Aircraft Engines Market - Regional Analysis
    • 8.1. Global Aircraft Engines Market overview: by Region
      • 8.1.1. Global Aircraft Engines Market share, by Region, 2019 and 2026
    • 8.2. North America
      • 8.2.1. North America Aircraft Engines Market, 2016 – 2026 (USD Billion)
      • 8.2.2. North America Aircraft Engines Market revenue, by Country, 2016 – 2026 (USD Billion)
      • 8.2.3. North America Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
      • 8.2.4. North America Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
      • 8.2.5. North America Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.2.6. U.S.
        • 8.2.6.1. U.S. Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.2.6.2. U.S. Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.2.6.3. U.S. Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.2.7. Rest of North America
        • 8.2.7.1. Rest of North America Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.2.7.2. Rest of North America Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.2.7.3. Rest of North America Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Aircraft Engines Market, 2016 – 2026 (USD Billion)
      • 8.3.2. Europe Aircraft Engines Market revenue, by Country, 2016 – 2026 (USD Billion)
      • 8.3.3. Europe Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
      • 8.3.4. Europe Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
      • 8.3.5. Europe Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.3.6. U.K.
        • 8.3.6.1. U.K. Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.3.6.2. U.K. Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.3.6.3. U.K. Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.3.7. France
        • 8.3.7.1. France Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.3.7.2. France Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.3.7.3. France Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.3.8. Germany
        • 8.3.8.1. Germany Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.3.8.2. Germany Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.3.8.3. Germany Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.3.9. Rest of Europe
        • 8.3.9.1. Rest of Europe Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.3.9.2. Rest of Europe Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.3.9.3. Rest of Europe Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Aircraft Engines Market, 2016 – 2026 (USD Billion)
      • 8.4.2. Asia Pacific Aircraft Engines Market revenue, by Country, 2016 – 2026 (USD Billion)
      • 8.4.3. Asia Pacific Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
      • 8.4.4. Asia Pacific Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
      • 8.4.5. Asia Pacific Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.4.6. China
        • 8.4.6.1. China Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.4.6.2. China Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.4.6.3. China Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.4.7. Japan
        • 8.4.7.1. Japan Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.4.7.2. Japan Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.4.7.3. Japan Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.4.8. India
        • 8.4.8.1. India Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.4.8.2. India Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.4.8.3. India Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.4.9. Rest of Asia Pacific
        • 8.4.9.1. Rest of Asia Pacific Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.4.9.2. Rest of Asia Pacific Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.4.9.3. Rest of Asia Pacific Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Aircraft Engines Market, 2016 – 2026 (USD Billion)
      • 8.5.2. Latin America Aircraft Engines Market revenue, by Country, 2016 – 2026 (USD Billion)
      • 8.5.3. Latin America Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
      • 8.5.4. Latin America Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
      • 8.5.5. Latin America Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.5.6. Brazil
        • 8.5.6.1. Brazil Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.5.6.2. Brazil Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.5.6.3. Brazil Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.5.7. Rest of Latin America
        • 8.5.7.1. Rest of Latin America Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.5.7.2. Rest of Latin America Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.5.7.3. Rest of Latin America Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Aircraft Engines Market, 2016 – 2026 (USD Billion)
      • 8.6.2. The Middle East and Africa Aircraft Engines Market revenue, by Country, 2016 – 2026 (USD Billion)
      • 8.6.3. The Middle East and Africa Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
      • 8.6.4. The Middle East and Africa Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
      • 8.6.5. The Middle East and Africa Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.6.6. GCC Countries
        • 8.6.6.1. GCC Countries Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.6.6.2. GCC Countries Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.6.6.3. GCC Countries Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
      • 8.6.7. Rest of Middle East & Africa
        • 8.6.7.1. Rest of Middle East & Africa Aircraft Engines Market revenue, by Type, 2016 – 2026 (USD Billion)
        • 8.6.7.2. Rest of Middle East & Africa Aircraft Engines Market revenue, by Application, 2016 – 2026 (USD Billion)
        • 8.6.7.3. Rest of Middle East & Africa Aircraft Engines Market revenue, by Platform, 2016 – 2026 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. IAE International Aero Engines AG
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Hindustan Aeronautics Limited
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Rulls-Royce Plc
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Snecma S.A.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Safran
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. CFM International
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Engine Alliance
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. Boeing
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. MTU Aero Engines
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Pratt & Whitney
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development
    • 9.11. GE Aviation
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Development
    • 9.12. Honeywell Aerospace
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product Portfolio
      • 9.12.4. Business Strategy
      • 9.12.5. Recent Development

Methodology

Choose License Type

Request the coronavirus impact analysis across industries and markets

HappyClients

Office Address

Corporate Office

Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com

We Are On Social