Many countries have been embarked on a program of military modernization which includes development of fighters, transport, reconnaissance, and aircraft covering multirole, bombers, training, and surveillance. During the forecast period, growing global expenses on military aircraft engines is driven by fleet replacement, upgrade projects and modernization programs. Due to fewer funds, as compared with previous aircraft, modern aircraft are required to be more versatile as it necessitates the need for more efficient and powerful engines. As top defense spenders are highly investing in the development of latest generation fighters, the segment of combat engines is projected to dominate the industry during the forecast period.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the aircraft engines market. The scope of this report covers the aircraft engines market by its major segments, which include the types, applications, and the major geographic regions.
KEY BENEFITS OF THE REPORT
KEY PREMIUM INDUSTRY INSIGHTS
Regionally, the global market for aircraft engines is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Followed by Europe, Asia-Pacific, and the Rest of the World (RoW), North America is anticipated to grow at highest market share in the near future. The Asia-Pacific region is growing fast in the aircraft engines market. This is due to increase in manufacturing of commercial aircraft in Japan and China. Also the growth in this region is projected to be high due to increase in passenger traffic and aircraft in India and China, among other regions.
The research methodology for Scalar Market Research’s aircraft engines market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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This report analyzes the aircraft engines market by the following segments:
KEY MARKET PLAYERS
Key players in the aircraft engines market include:
GEOGRAPHIC COVERAGE AND ANALYSIS
This granular market research report covers the following geographic regions in great detail:
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