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The aircraft turbofan engine market is forecasted to grow by USD 704.1 million during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the aircraft turbofan engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of aircraft deliveries, rising demand for lightweight and fuel-efficient aircraft, and adoption of upgraded lightweight materials such as ceramics, composites, and super alloys.
The aircraft turbofan engine market is segmented as below:
By Application
- Civil aviation
- Defense aviation
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the aircraft turbofan engine market covers the following areas:
- Aircraft Turbofan Engine Market sizing
- Aircraft Turbofan Engine Market forecast
- Aircraft Turbofan Engine Market industry analysis
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 an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aircraft turbofan engine market: Aero Gearbox International, DRDO, EuroJet Turbo GmbH, General Electric Co., Honeywell International Inc., Ivchenko-Progress SE, Liebherr International AG, Mitsubishi Heavy Industries Ltd, MTU Aero Engines AG, Northstar Aerospace, PowerJet Pressure Cleaning Systems, RTX Corp., Rolls Royce Holdings Plc, Rostec, Safran SA, Shenyang Aircraft Corp., UEC Aviadvigatel JSC, The Williams Co. Inc, and Xi an Aero-Engine Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is new technologies gaining ground."
According to the report, one of the major drivers for this market is the increase in number of aircraft deliveries.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aero Gearbox International
- DRDO
- EuroJet Turbo GmbH
- General Electric Co.
- Honeywell International Inc.
- Ivchenko-Progress SE
- Liebherr International AG
- Mitsubishi Heavy Industries Ltd
- MTU Aero Engines AG
- Northstar Aerospace
- PowerJet Pressure Cleaning Systems
- RTX Corp.
- Rolls Royce Holdings Plc
- Rostec
- Safran SA
- Shenyang Aircraft Corp.
- UEC Aviadvigatel JSC
- The Williams Co. Inc
- Xi an Aero-Engine Corp.
