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Aircraft Engines Market, by Type (Turboprop Engine, Turbofan Engine, Turboshaft Engine, Piston Engine), Application (Commercial Aviation, Military Aviation, General Aviation), Platform (Fixed Wing, Rotary Wing), and Region – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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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

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • Growing demand of aircraft engines that are fuel-efficient as well as increase in aircraft deliveries are driving the growth of aircraft engines market. Few more factors fueling the market growth include increasing aircraft orders which in turn increases air passenger traffic globally.
  • In order to replace old engines, airliners are opting lightweight and fuel-efficient engines in their aircraft. As there is increase in no. of passengers, so the demand for new commercial aircraft is rising from airlines.
  • The various segment of this market is anticipated to witness high growth over the forecast period as airlines are increasing fuel economy provided by these engines.

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.

RESEARCH METHODOLOGY

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.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the aircraft engines market by the following segments:

  • Aircraft Engines Market, by Type
    • Turboprop Engine
    • Turbofan Engine
    • Turboshaft Engine
    • Piston Engine
  • Aircraft Engines Market, by Application
    • Commercial Aviation
    • Military Aviation
    • General Aviation
  • Aircraft Engines Market, by Platform
    • Fixed Wing
    • Rotary Wing

KEY MARKET PLAYERS

Key players in the aircraft engines market include:

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

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. AIRCRAFT ENGINES MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. Turboprop Engine
      2. Turbofan Engine
      3. Turboshaft Engine
      4. Piston Engine
  6. AIRCRAFT ENGINES MARKET, BY APPLICATION
    1. Segment Share
    2. By Application
      1. Commercial Aviation
      2. Military Aviation
      3. General Aviation
  7. AIRCRAFT ENGINES MARKET, BY PLATFORM
    1. Segment Share
    2. By Platform
      1. Fixed Wing
      2. Rotary Wing
  8. AIRCRAFT ENGINES MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By Application
      4. By Platform
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By Application
      4. By Platform
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By Application
      4. By Platform
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By Application
      4. By Platform
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By Application
      4. By Platform
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. General Electric Co. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. CFM International SA 
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Rolls-Royce Holdings PLC.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    4. United Technologies Corporation 
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. International Aero Engines AG 
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Safran SA 
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Honeywell International Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    8. Engine Alliance LLC
      1. Overview
      2. Key Strategies
      3. Key Developments 
    9. Textron, Inc. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. MTU Aero Engines AG
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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