1. Market Research
  2. > Aerospace and Defence Market Trends

Aircraft Engines Market by Type, Application, Platform, and Region - Global Forecast to 2022

  • June 2017
  • 151 pages
  • MarketsandMarkets
Report ID: 4941016

Summary

Table of Contents

Search Inside

“Growing number of aircraft deliveries is one of the key factors expected to drive the aircraft engines market.”
The aircraft engines market is projected to grow from an estimated USD 68.05 billion in 2017 to USD 92.38 billion by 2022, at a CAGR of 5.23% during the forecast period. The aircraft engines market is mainly driven by the increase in aircraft orders and fuel efficiency of new aircraft engines. However, existing backlogs in aircraft deliveries are restraining the growth of the aircraft engines market.

“The turbofan segment is estimated to be the largest application segment of the market in 2017.”
The aircraft engines market has been segmented based on engine type into turboprop, turbofan, turboshaft, and piston engine. Among these, the turbofan segment is estimated to be the largest in 2017. Most of the new airlines are installing new, fuel-efficient and lightweight turbofan engines. Thus, the turbofan segment is estimated to be largest application segment of the aircraft engines market.

“The commercial segment is estimated to be the largest application segment of the market in 2017.”
Based on application, the commercial segment is estimated to account for the largest share of the aircraft engines market in 2017. The rising number of commercial aircraft deliveries is projected to drive the aircraft engines market.

“Asia-Pacific region is projected to be the fastest-growing aircraft engines market during the forecast period.”
Asia-Pacific is projected to be the fastest-growing aircraft engines market during the forecast period Countries considered in this region are China, India, Russia, and Japan, among others. The aviation industry in the Asia-Pacific region has witnessed considerable growth over the past few years, owing to an increase in the aircraft manufacturing in this region by countries such as China and Japan. Thus, the Asia-Pacific region is projected to be the fastest-growing market for aircraft engines due to the growth of the region’s aviation industry, which is supported by the increasing air passenger traffic.

Break-up of profile of primary participants in the aircraft engines market:

• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C level – 35%, Director level – 25%, Others – 40%
• By Region: North America – 45%, Europe – 20%, Asia-Pacific – 30%, RoW – 5%

Major companies profiled in the report include General Electric Aviation (U.S.), United Technologies Corporation (U.S.), Safran SA (France), and Rolls Royce Holdings PLC (U.K.), among others.


Research Coverage:
This research report categorizes the aircraft engines market based on engine type (turboprop, turbofan, turboshaft, and piston), application (commercial, military, and general aviation), and platform (fixed wing and rotary wing); and maps these segments and subsegments across major regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW).


Reasons to buy this report:
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, company profiles, emerging and high-growth segments of the market, high-growth regions, and market drivers, restraints, opportunities, and challenges.


The report provides insights on the following pointers:
• Market Penetration: Comprehensive information about aircraft engines offered by the top players in the market

• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aircraft engines market

• Market Development: Comprehensive information about lucrative markets – the report analyzes the markets for aircraft engines across regions

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aircraft engines market

• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the aircraft engines market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Military Aircraft Engine Maintenance, Repair, and Overhaul Market, Forecast to 2025

  • $ 4950
  • Industry report
  • June 2017
  • by Frost & Sullivan

Reduced Deliveries of New Aircraft, Increased Reliance on Modular Design, and Improved Engine Control Conflicts with Increased Event Costs Result in Modest Growth    The North American engine maintenance, ...

Global Aircraft Engines Market Analysis 2017 - Forecast to 2023

  • $ 3950
  • Industry report
  • August 2017
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied research sources to present ...

Global Narrow-body Aircraft Engine Market 2017-2021

  • $ 3500
  • Industry report
  • September 2017
  • by Infiniti Research Limited

About Narrow-body Aircraft Engine Narrow-body aircraft are mainly classified into single-aisle and regional aircraft. Single-aisle aircraft, powered by turbofan engines, have passengers seated in two-axial ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.