2019 Aircraft Engines Market Size | Share Covers Emerging Technologies, Market Growth Rate, CAGR%, Development History, Forecast to 2024

Press Release

Aircraft Engines

The Aircraft Engines Market report expects to give a 360-degree perspective available as far as cutting-edge innovation, key improvements, drivers, restrictions and future patterns with effect examination of these patterns available for present moment, mid-term and long term during the forecast period. Further, the report likewise covers key players profiling with point by point SWOT investigation, budgetary certainties and key improvements of items/administration from the previous three years.

The report first poses the Aircraft Engines Market basics: definitions, applications, classifications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and more.

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Scope of the Report:

  • The aircraft engines market study includes:
  • There are 4 key segments covered in this Aircraft Engines Systems Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    Aircraft Engines Market with Key Segments:

    By Product Types: Type 1, Type 2, Type 3

    By Applications: Application 1, Application 2, Application 3

    By Key Players:

  • GE
  • Safran SA
  • Rolls
  • Royce Holdings PLC
  • Pratt & 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
  • Price of Report: $ 4250 (SUL)

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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
  • Aircraft Engines Market Report Provides the Following:

    Aircraft Engines Market

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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.

    Aircraft Engines Market Covers Following Points in TOC:

    • Chapter 1: Aircraft Engines Market Definition
    • Chapter 2: Research Methodology of Aircraft Engines Market
    • Chapter 3: Aircraft Engines Market Executive Summary
    • Chapter 4: Aircraft Engines Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Aircraft Engines Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Aircraft Engines Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Aircraft Engines Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Aircraft Engines Market

    For Detailed TOC Click Here

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