A Global Aircraft Engine Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Aircraft Engine industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Aircraft Engine market, this study covers qualitative and quantitative aspects of the Aircraft Engine market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
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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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Aircraft Engine industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Aircraft Engine industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Aircraft Engine industry.
Radical Highlights of the Aircraft Engine Market Report:
- Comprehensive overview of the Aircraft Engine market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Aircraft Engine market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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)
- Unmanned Aerial Vehicles
- Fixed Wing Aircraft
- Rotary Wing Aircraft
-
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)
Additional information offered by the report:
- Along with a complete overview of the global Aircraft Engine market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Aircraft Engine market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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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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