According to the new research report published by Precedence Research, titled “Aircraft Engine Market (By Type: Turboprop, Turbofan, Turboshaft, Piston Engine; By Component: Compressor, Turbine, Gearbox, Exhaust System, Fuel System, Others; By Platform: Fixed Wing Aircraft, Rotary Wing Aircraft, Unmanned Ariel Vehicles; By Technology, Conventional, Hybrid) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032 (By Product: Traditional, Advanced; By Application: Pottery, Tiles, Abrasives, Sanitary wave, Bricks & pipes, Others; By End User: Medical, Industrial, Building & Construction, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032”, the global aircraft engine market size is expected to be worth around US$ 187.26 billion by 2032 and is poised to record a yearly growth rate of 7.92% from 2023 to 2032. The study investigates several elements and their consequences on the growth of the all-wheel drive market.
This report focuses on aircraft engine market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall aircraft engine market size by analysing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2032. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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The study also provides important advancements in organic and inorganic growth strategies in the worldwide aircraft engine market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of aircraft engine market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.
Aircraft Engine Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 94.3 Billion |
Market Size by 2032 | USD 187.26 Billion |
Growth Rate from 2023 to 2032 | CAGR of 7.92% |
Largest Market | Asia Pacific |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Type, By Component, By Platform, and By Technology |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Also read: Recombinant Proteins Market Size US$ 8.95 Billion by 2032
Market Key Players
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the aircraft engine market.
Some of the prominent players in the aircraft engine market include
- Rolls-Royce Holding PLC
- IHI Corp.
- Mitsubishi Heavy Industries Aero Engines Ltd
- Raytheon Technologies Corporation
- Honeywell International Inc.
- Rostec
- MTU Aero Engines AG
- Safran SA
- Textron Inc.
- Williams International Co. LLC
- General Electric Company
Aircraft Engine Market Segmentations
By Type
- Turboprop
- Turbofan
- Turboshaft
- Piston Engine
By Component
- Compressor
- Turbine
- Gearbox
- Exhaust System
- Fuel System
- Others
By Platform
- Fixed Wing Aircraft
- Rotary Wing Aircraft
- Unmanned Ariel Vehicles
By Technology
- Conventional
- Hybrid
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Report Objectives
- To define, segment, and project the global market size for aircraft engine market
- To understand the structure of the market by identifying its various sub-segments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyse the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
- To profile key players and comprehensively analyse their core competencies
- To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
- To analyse the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Aircraft Engine Market
5.1. COVID-19 Landscape: Aircraft Engine Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Aircraft Engine Market, By Type
8.1. Aircraft Engine Market Revenue and Volume Forecast, by Type, 2023-2032
8.1.1. Turboprop
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Turbofan
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Turboshaft
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Piston Engine
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Aircraft Engine Market, By Component
9.1. Aircraft Engine Market Revenue and Volume Forecast, by Component, 2023-2032
9.1.1. Compressor
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Turbine
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Gearbox
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Exhaust System
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. Fuel System
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
9.1.6. Others
9.1.6.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Aircraft Engine Market, By Platform
10.1. Aircraft Engine Market Revenue and Volume Forecast, by Platform, 2023-2032
10.1.1. Fixed Wing Aircraft
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Rotary Wing Aircraft
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Unmanned Ariel Vehicles
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Aircraft Engine Market, By Technology
11.1. Aircraft Engine Market Revenue and Volume Forecast, by April, 2023-2032
11.1.1. Conventional
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Hybrid
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Aircraft Engine Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.1.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.1.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.1.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.7.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.7.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.8.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.8.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.7.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.7.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.8.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.8.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.7.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.7.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.8.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.8.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.5.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.5.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
Chapter 13. Company Profiles
13.1. Rolls-Royce Holding PLC
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. IHI Corp.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Mitsubishi Heavy Industries Aero Engines Ltd
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Raytheon Technologies Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Honeywell International Inc.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Rostec
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. MTU Aero Engines AG
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Safran SA
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Textron Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Williams International Co. LLC
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global aircraft engine market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for aircraft engine are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2023-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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