Global Aircraft Engine Market Size and Revenue Forecasts

The report on the Global Aircraft Engine Market initially offers an in-depth overview of the Aircraft Engine Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.

The global aircraft engine market size reached USD 56.39 Billion in 2020 and is expected to register a revenue CAGR of 8.7%, during the forecast period, according to latest analysis by Emergen Research. Major factors driving global aircraft engine market revenue growth include increasing commercial aircraft operations and rising demand for aircraft engines for Unmanned Aerial Vehicles (UAVs). Demand for cleaner or greener next-generation engines and light weight aircraft, which can boost fuel economy, are other factors driving revenue growth of the market. Companies are investing in R&D to develop engine models using cutting-edge technologies and composites, as well as Additive Manufacturing (AM) – also known as 3D printing.

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The report highlights the current impact of COVID-19 on the Aircraft Engine market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Aircraft Engine according to the impact of COVID-19.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Aircraft Engine market expected to boost the growth of the industry in the coming years.

Aircraft Engine Market Segmentation:

  • Type Outlook (Revenue, USD Billion; 2018–2028)

    • Turbofan
    • Turboprop
    • Piston Engine
    • Turboshaft

  • Platform Outlook (Revenue, USD Billion; 2018–2028)

  • Component Outlook (Revenue, USD Billion; 2018–2028)

    • Turbine
    • Compressor
    • Gearbox
    • Fuel System
    • Exhaust System
    • Others

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Aircraft Engine market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

General Electric Company (GE Aviation), Honeywell International Inc., Rolls-Royce Holdings PLC, Safran SA, MTU Aero Engines AG, IAE International Aero Engines AG, Textron Inc., CFM International S.A., United Technologies Corporation, Raytheon Technologies Corporation

Regional Landscape section of the Aircraft Engine report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered in the Report:

  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Aircraft Engine market throughout the forecast period?
  • What are the current and future market trends of the Aircraft Engine market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

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Highlights of Table of Contents (TOC):

  • Overview of Global Aircraft Engine Market
  • Competitive analysis of the Aircraft Engine market
  • Regional analysis of Global Aircraft Engine market production and revenue
  • Regional analysis of Global Aircraft Engine market supply, consumption, and export & import
  • Type-based market analysis of global Aircraft Engine production, revenue, and price trends
  • Application-based analysis of the global Aircraft Engine market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Aircraft Engine market
  • Conclusion of the research report
  • Appendix

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Look Over transcripts provided by Emergen Research

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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