Global Wide-Body Aircraft Engine Market 2017-2021

  • ID: 4397250
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • GE Aviation
  • Pratt & Whitney
  • Rolls-Royce
  • MORE
About Wide-body Aircraft Engine

Wide-body aircraft mostly consist of two or four engines and are known as twin-aisle aircraft. Wide-body jet engines have undergone a tremendous transformation over the past few years with the evolution of turbofan engines and implementation of strategies that support fuel economy. The demand for wide-body aircraft is not as high as narrow bodies owing to the latter's demand in the rising domestic airlines and their better working efficiency. However, many companies are investing in developing medium wide-body aircraft to meet the growing passenger traffic.

The analysts forecast the global wide-body aircraft engine market to decline at a CAGR of (3.25%) during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global wide-body aircraft engine market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Wide-body Aircraft Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GE Aviation
  • Pratt & Whitney
  • Rolls-Royce
Market drivers
  • Increase in passenger traffic
  • For a full, detailed list, view the full report
Market challenges
  • Cost-intensive production
  • For a full, detailed list, view the full report
Market trends
  • Implementation of noise reduction technology
  • For a full, detailed list, view the full report
Key questions answered in this report:
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • GE Aviation
  • Pratt & Whitney
  • Rolls-Royce
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global wide-body aircraft engine market segmentation by application
  • Global small and medium wide-body aircraft engine market
  • Global large wide-body aircraft engine market
PART 07: Geographical segmentation
  • Geographical segmentation of global wide-body aircraft engine market
  • Wide-body aircraft engine market in EMEA
  • Wide-body aircraft engine market in APAC
  • Wide-body aircraft engine market in Americas
PART 08: Decision framework

PART 09: Drivers and Challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Implementation of noise reduction technology
  • Advancement in biofuel technologies to alternative conventional jet fuel
  • Emergence of more electric aircraft featuring liquid cooling mechanism
PART 11: Vendor landscape
  • Competitive landscape
PART 12:
  • GE Aviation
  • Pratt & Whitney
  • Rolls-Royce
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global commercial aircraft manufacturing market 2016-2021 ($ billions)
Exhibit 02: Key components of turbojet engines
Exhibit 03: Key components of turboprop engines
Exhibit 04: Key components of turbofan engines
Exhibit 05: Commonly installed components in commercial aircraft engine
Exhibit 06: Working principle of gas turbine engines (Brayton Cycle)
Exhibit 07: Basic module selection for new-generation turbofan engine
Exhibit 08: Global wide-body aircraft engine market overview
Exhibit 09: Global wide-body aircraft engine market 2016-2021 ($ billions)
Exhibit 10: Five forces analysis
Exhibit 11: Global wide-body aircraft engine market segmentation by application 2016 and 2021 (%)
Exhibit 12: Global wide-body aircraft engine market segmentation by application 2016-2021 ($ billions)
Exhibit 13: Key engines used in small and medium wide-body aircraft
Exhibit 14: Global small and medium wide-body aircraft engine market 2016-2021 ($ billions)
Exhibit 15: Global large wide-body aircraft engine market 2016-2021 ($ billions)
Exhibit 16: Key engines used in large-widebody aircraft segment
Exhibit 17: Global wide-body aircraft engine market segmentation by geography 2016 and 2021 (%)
Exhibit 18: Global wide-body aircraft engine market segmentation by geography 2016-2021 ($ billions)
Exhibit 19: Wide-body aircraft engine market in EMEA 2016-2021 ($ billions)
Exhibit 20: Wide-body aircraft engine market in APAC 2016-2021 ($ billions)
Exhibit 21: Wide-body aircraft engine market in Americas 2016-2021 ($ billions)
Exhibit 22: Global passenger traffic forecast 2016-2021 (billions)
Exhibit 23: Global narrow-body aircraft engine market 2016-2021 ($ billions)
Exhibit 24: Comparison between jet fuel and biofuel
Exhibit 25: Key components of liquid cooling technology
Exhibit 26: Key vendors of global wide-body aircraft engine market
Exhibit 27: Specifications of GE9X engine
Exhibit 28: Pratt & Whitney: Wide-body aircraft engine offerings
Exhibit 29: Features of Engine Alliance GP7200 for wide-body aircraft
Exhibit 30: Specifications of Trent 900 engine
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FEATURED COMPANIES

  • GE Aviation
  • Pratt & Whitney
  • Rolls-Royce
  • MORE
New Report Released: - Global Wide-body Aircraft Engine Market 2017-2021

The author of the report recognizes the following companies as the key players in the global wide-body aircraft engine market: GE Aviation, Pratt & Whitney, and Rolls-Royce.

Commenting on the report, an analyst from the research team said: “One trend in the market is implementation of noise reduction technology. The commercial aerospace industry is not only focusing on efficient fuel consumption and reduced emissions but also on noise reduction technologies. In the case of wide-body aircraft, the payload that the engine carries is more than a narrow-body aircraft, and hence, the noise generated is more.”

According to the report, one driver in the market is increase in passenger traffic. Increase in the global air passenger traffic has always been the most notable propelling factor for the year-on-year growth of aircraft and associated parts and components markets. As per the author's estimation, the global passenger traffic was recorded as 3.76 billion in 2016, and it is anticipated to reach 4.51 billion by 2021 while reflecting a CAGR of 3.7%. As wide-body aircraft can fly more number of passengers on longer routes, it is also anticipated that the growth in passenger traffic will substantially contribute to the increased demand for wide-body aircraft and associated engines.

Further, the report states that one challenge in the market is cost-intensive production. Aircraft building encompasses significant design, development, and production costs and has a high impact on the program budget management. Several factors lead to the uncertainty and increase in equipment costs. For instance, the modern aircraft engines have enabled the development of large and efficient commercial aircraft, but it involves high equipment costs; it is estimated that the engine cost occupies one-third of the total cost of the aircraft.

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.
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  • GE Aviation
  • Pratt & Whitney
  • Rolls-Royce
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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