Aircraft Engines Market Potential Growth, Share, Demand and Analysis of Key Players- Research Forecasts to 2024

(The Express Wire via Comtex)

Aircraft Engines Market analysis report contains all study material about Market Overview, Growth, Demand and Forecast Research in all over the world.

Aircraft Engines Market “research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Aircraft Engines market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.

Following Companies Are Covered by Aircraft Engines Market

  • GE
  • Safran SA
  • Rolls
  • Royce Holdings PLC
  • Pratt and Whitney (UTC)
  • International Aero Engines AG
  • Engine Alliance LLC
  • Honeywell International Inc.
  • IAE International Aero Engines AG
  • United Engine Corporation
  • MTU Aero Engines AG
  • CFM International

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Market Overview:

  • The market for aircraft engines is anticipated to register a CAGR of over 5%, during the forecast period.
  • To cater to the growing air traffic, several airlines are revamping their fleet by procuring new aircraft, which is generating demand for new engines.
  • New aircraft programs are supporting the development of new advanced engines.
  • Failure of aircraft engine during operation and delay in deliveries are some of the factors hampering the growth of the market.
  • Growing concern over aviation emission may act as an opportunity for fuel-efficient and lightweight engi

Scope of the Report:

  • The aircraft engines market study includes:

Why there is Need of Aircraft Engines Market Research?

  • To determine trades anticipation, consumption trend, and need of market.
  • To keep up competitiveness over applicants performing in the Aircraft Engines market.
  • To get detailed knowledge of the market which helps in terms of decision- making.
  • To advance insight into industrial, social, methodological, and legal aspects of the market.
  • To perceive the detailed market size derived by analyzing upward and downward moment of Aircraft Engines market trends.
  • To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.

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Key Market Trends:

Demand is the Highest for Turbofan Engines

Currently, the turbofan segment holds a major share in the aircraft engines market, and may continue to do so during the forecast period. Turbofan engines are most widely used in the commercial and military segment. New aircraft programs, like COMAC C919 and Boeing 777X, which are yet to enter service, are powered by newer generation turbofan engine. In 2018, Boeing and Airbus recorded 806 and 800 aircraft deliveries, respectively. With growing aircraft orders in the commercial aircraft segment, which is majorly dominated by the turbofan engine segment, the turbofan engine segment may register the highest CAGR during 2019-2024.

Geographical Trend

North America has the largest fleet of aircraft in the world. However, with increasing demand for new aircraft in the Asia-Pacific and Middle Eastern countries, Asia-Pacific is anticipated to register the highest CAGR during the forecast period. China and India are expected to be among the major demand generating countries during this period, since both these countries are experiencing major growth in their air passenger traffic. Moreover, China is expected to overcome the US fleet size within the next four years, in the commercial aircraft segment. The shift in demand has attracted several suppliers of engine parts and components to establish a manufacturing base in the Asian region, in order to reduce supply chain complexities.

Reasons to Purchase this Report

  • How the developing pattern towards maintainability goes about as a driver to the worldwide Aircraft Engines market situation?
  • Analyzing different points of view of the market with the assistance of Porter's five powers investigation
  • Which solutions and end-user vertical is predictable to overlook the Aircraft Engines market?
  • Which regions are relied upon to observe the fastest development during the prediction period?
  • Identify the most recent advancements, market shares and strategies utilized by the significant market players.

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Detailed TOC of Aircraft Engines Market Report 2019-2024:

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study



4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5.1 Engine Type
5.1.1 Turbofan
5.1.2 Turboprop
5.1.3 Turboshaft
5.1.4 Piston
5.2 Application
5.2.1 Commercial Narrow-body Aircraft Wide-body Aircraft Regional Jet
5.2.2 Military Fighter Jets Transport Aircraft Military Helicopter
5.2.3 General Aviation Business Jets Helicopters Ultra-light Aircraft
5.3 Geography
5.3.1 North America US Canada Mexico
5.3.2 Europe Germany UK France Rest of Europe
5.3.3 Asia-Pacific India China Japan Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East and Africa UAE Saudi Arabia South Africa Rest of Middle East and Africa

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Vendor Market Share
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 GE
6.4.2 Safran SA
6.4.3 Rolls-Royce Holdings PLC
6.4.4 Pratt and Whitney (UTC)
6.4.5 International Aero Engines AG
6.4.6 Engine Alliance LLC
6.4.7 Honeywell International Inc.
6.4.8 IAE International Aero Engines AG
6.4.9 United Engine Corporation
6.4.10 MTU Aero Engines AG
6.4.11 CFM International


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