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Aircraft Engines Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Aircraft Engines Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • July 2018
  • 100 pages
  • ID: 5483489
  • Format: PDF
  • By Infinium

Summary

Table of Contents

The report on global aircraft engines market provides qualitative and quantitative analysis for the period of 2016 to 2024.

The report predicts the global aircraft engines market to grow with a CAGR of 5.6% over the forecast period of 2018-2024. The study on aircraft engines market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
An aircraft engine is a component of the propulsion system that generates mechanical power. Aircraft engines produce emissions that are similar to other emissions resulting from fossil fuel combustion. A variety of aircraft engines is available for different end-use applications including passenger, cargo, military and aerospace applications.
Increasing number of aircraft passengers has led to Increase demand of Aircrafts and Increasing Demand for Fuel-Efficient Engines, which in turn is driving the growth the growth of the aircraft engines market. Additionally, Increase in demand for fuel-efficient engines and aircraft engines are projected to gain high importance in the military sector disputing drug trafficking and terrorism. This in turn is anticipated to fuel the growth of the aircraft engines market. However, factors such as high maintenance and manufacturing cost followed by lack of production facilities are likely to restrain the growth of the market during the forecast period.
Furthermore, aircraft aircraft with better fuel injection systems and low noise emissions because of long lasting technological developments in the field of engine design is projected to create several growth opportunities for the key players in the aircraft engines. On the other hand, Increase in Demand for Lightweight Aircraft Engines and continuous rising demand for said end-user applications, the aircraft market is anticipated to grow in proportion to the demand for aircraft. Moreover, to fulfill the demands the aircraft manufacturers are engaged to design and develop more sophisticated and efficient engines over the years to come.
Among the geographies, North America dominated the global aircraft engines market. However, japan is projected to be on the slower side of international aircraft engine market. Moreover, Asia Pacific is anticipated to drive on the buildout of inter-regional trade in India and China.

The report on aircraft engines market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global aircraft engines market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global aircraft engines market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global aircraft engines market is segmented on the basis of engine type, platform and application.

Global Aircraft Engines Market by Engine Type
- Turbofan Engine
- Turboprop Engine
- Turboshaft Engine
- Turbojet
Global Aircraft Engines Market by Platform
- Fixed Wing
- Rotary Wing
Global Aircraft Engines Market by Application
- Commercial Aviation
- Military Aviation

Company Profiles
- MTU Aero Engines AG
- Textron, Inc.
- Engine Alliance LLC
- Honeywell International Inc.
- Safran SA
- International Aero Engines AG
- United Technologies Corporation
- Rolls-Royce Holdings PLC.
- CFM International SA
- General Electric Co.

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of aircraft engines market.
2. Complete coverage of all the segments in aircraft engines market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global aircraft engines market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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