Growth Opportunities in Global Gas Turbine MRO in Power Industry 2013-2018: Trends, Forecast and Opportunity Analysis
- Language: English
- 77 Pages
- Published: May 2013
- Region: Global
The analysts forecast the Global Commercial Aircrafts Gas Turbine Engine market 2012-2016 to grow at a CAGR of 6.1 percent over the period 2012-2016. One of the key factors contributing to this market growth is increase in air traffic. The Global Commercial Aircrafts Gas Turbine Engine market has also been witnessing the use of biofuels in aircraft engines. However, the increasing technological changes in aircraft engines could pose a challenge to the growth of this market.
The report, the Global Commercial Aircrafts Gas Turbine Engine Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Commercial Aircrafts Gas Turbine Engine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include CFM International Inc., GE Aviation, International Aero Engines AG, and Pratt & Whitney Inc.
The other vendors mentioned in this report are Rolls Royce plc and Engine Alliance LLC.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
List of Abbreviations
03. Market Research Methodology
Market Research Process
04. Scope of the Report
05. Market Landscape
05.1 Market Overview
05.2 Market Size and Forecast
05.3 Five Forces Analysis
06. Geographical Segmentation
07. Vendor Landscape
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Key Vendor Analysis
14.1 CFM International
14.2 International Aero Engines AG
14.3 GE Aviation
14.4 Pratt and Whitney Inc.
15. Other Reports in this Series
List of Exhibits
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Value Chain of Commercial Aircraft Gas Turbine Engine Market
Exhibit 3: Global Commercial Aircraft Gas Turbine Engine Market 2012-2016 (US$ billion)
Exhibit 4: Global Commercial Aircraft Gas Turbine Engine Market 2012-2016 (unit)
Exhibit 5: Global Commercial Aircraft Gas Turbine Engine Market by Geographical Segmentation 2012
Exhibit 6: Global Commercial Aircraft Gas Turbine Engine Market by Vendor Segmentation 2012
Exhibit 7: Global Commercial Aircraft Gas Turbine Engine Market by Vendor Segmentation in 2016
Exhibit 8: Global Passenger Traffic in Aviation Market 2012-2016 (RPK in billion)
Exhibit 9: Global MRO Cost in 2012
Exhibit 10: Market Segmentation of Airlines Total Operating Cost in 2012
Exhibit 11: Business Segmentation of CFM International
Exhibit 12: Business Segmentation of International Aero Engines AG
Exhibit 13: Business Segmentation of GE Aviation
Exhibit 14: Business Segmentation of Pratt and Whitney
Commenting on the report, an analyst from the team said: “One of the main trends witnessed in the Global Commercial Aircraft Gas Turbine Engine market is the rise in demand for fuel-efficient aircraft engines. ATF accounted for a large part of the overall operating cost of airlines. Airlines can generate more revenue by using commercial aircraft gas turbine engines that consume less ATF. Therefore, the demand for fuel-efficient engines is increasing.”
According to the report, one of the main factors driving the market is the rise in demand for low-cost carriers (LCC). The rise of LCCs has resulted in a considerable increase in the overall passenger traffic, which is driving the market for commercial gas turbine engines. With the business model of running an LCC being successful, numerous airlines are looking at the prospect of launching their own LCCs for short haul flights.
Further, the report states that one of the main challenges is the increase in stringent regulations and certification processes. Engine manufacturers face strict regulations introduced by aviation regulatory agencies such as the Federal Aviation Administration and European Aviation Safety Agency. In addition, the presence of stringent certification processes discourages new players to enter the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Rolls Royce plc and Engine Alliance LLC.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- CFM International Inc.
- GE Aviation
- International Aero Engines AG
- Pratt & Whitney Inc.
- Rolls Royce plc and Engine Alliance LLC.