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Global Commercial Aircraft Gas Turbine Engine Market 2023-2027

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    Report

  • 170 Pages
  • March 2023
  • Region: Global
  • TechNavio
  • ID: 5769575
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The commercial aircraft gas turbine engine market is forecast to grow by $54760.35 mn during 2022-2027, accelerating at a CAGR of 19.85% during the forecast period.

This report on the commercial aircraft gas turbine engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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 advancements in engine technologies, rise in the procurement rate of new-generation aircraft, and increase in aircraft deliveries.

The commercial aircraft gas turbine engine market is segmented as below:

By Technology

  • Turbofan
  • Turboprop

By Type

  • Narrow-body aircraft
  • Widebody aircraft
  • Regional aircraft

By Geographical Landscape

  • Europe
  • North America
  • APAC
  • South America
  • Middle East and Africa
This study identifies the usage of ceramic matrix composites as one of the prime reasons driving the commercial aircraft gas turbine engine market growth during the next few years. Also, adoption of 3D printing systems for engine components and growth in new-generation commercial aircraft procurement will lead to sizable demand in the market.

The author 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.

This report on the commercial aircraft gas turbine engine market covers the following areas:

  • Commercial aircraft gas turbine engine market sizing
  • Commercial aircraft gas turbine engine market forecast
  • Commercial aircraft gas turbine engine market industry analysis
Robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial aircraft gas turbine engine market vendors that include General Electric Co., EuroJet Turbo GmbH, GKN Aerospace Services Ltd., Honeywell International Inc., IHI Corp., JSC Klimov, Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., MTU Aero Engines AG, PBS Group AS, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Rostec, Siemens Energy AG, Textron Inc., TurbAero, UEC-Aviadvigatel JSC, UEC Saturn, Williams International Co. LLC, and Safran SA. Also, the commercial aircraft gas turbine engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
  • Exhibit 07: Executive Summary - Chart on Incremental Growth
  • Exhibit 08: Executive Summary - Data Table on Incremental Growth
  • Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global commercial aircraft gas turbine engine market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on Global commercial aircraft gas turbine engine market 2017 - 2021 ($ million)
4.2 Technology Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Technology
6.1 Market segments
  • Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
6.2 Comparison by Technology
  • Exhibit 32: Chart on Comparison by Technology
  • Exhibit 33: Data Table on Comparison by Technology
6.3 Turbofan - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Turbofan - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Data Table on Turbofan - Market size and forecast 2022-2027 ($ million)
  • Exhibit 36: Chart on Turbofan - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Turbofan - Year-over-year growth 2022-2027 (%)
6.4 Turboprop - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Turboprop - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Data Table on Turboprop - Market size and forecast 2022-2027 ($ million)
  • Exhibit 40: Chart on Turboprop - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Turboprop - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Technology
  • Exhibit 42: Market opportunity by Technology ($ million)
  • Exhibit 43: Data Table on Market opportunity by Technology ($ million)
7 Market Segmentation by Type
7.1 Market segments
  • Exhibit 44: Chart on Type - Market share 2022-2027 (%)
  • Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
  • Exhibit 46: Chart on Comparison by Type
  • Exhibit 47: Data Table on Comparison by Type
7.3 Narrow-body aircraft - Market size and forecast 2022-2027
  • Exhibit 48: Chart on Narrow-body aircraft - Market size and forecast 2022-2027 ($ million)
  • Exhibit 49: Data Table on Narrow-body aircraft - Market size and forecast 2022-2027 ($ million)
  • Exhibit 50: Chart on Narrow-body aircraft - Year-over-year growth 2022-2027 (%)
  • Exhibit 51: Data Table on Narrow-body aircraft - Year-over-year growth 2022-2027 (%)
7.4 Widebody aircraft - Market size and forecast 2022-2027
  • Exhibit 52: Chart on Widebody aircraft - Market size and forecast 2022-2027 ($ million)
  • Exhibit 53: Data Table on Widebody aircraft - Market size and forecast 2022-2027 ($ million)
  • Exhibit 54: Chart on Widebody aircraft - Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Widebody aircraft - Year-over-year growth 2022-2027 (%)
7.5 Regional aircraft - Market size and forecast 2022-2027
  • Exhibit 56: Chart on Regional aircraft - Market size and forecast 2022-2027 ($ million)
  • Exhibit 57: Data Table on Regional aircraft - Market size and forecast 2022-2027 ($ million)
  • Exhibit 58: Chart on Regional aircraft - Year-over-year growth 2022-2027 (%)
  • Exhibit 59: Data Table on Regional aircraft - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Type
  • Exhibit 60: Market opportunity by Type ($ million)
  • Exhibit 61: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 65: Chart on Geographic comparison
  • Exhibit 66: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
  • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
  • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
  • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
  • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
  • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 France - Market size and forecast 2022-2027
  • Exhibit 91: Chart on France - Market size and forecast 2022-2027 ($ million)
  • Exhibit 92: Data Table on France - Market size and forecast 2022-2027 ($ million)
  • Exhibit 93: Chart on France - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on France - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
  • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
  • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
  • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 107: Market opportunity By Geographical Landscape ($ million)
  • Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 111: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 112: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 113: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 114: Matrix on vendor position and classification
12.3 General Electric Co.
  • Exhibit 115: General Electric Co. - Overview
  • Exhibit 116: General Electric Co. - Business segments
  • Exhibit 117: General Electric Co. - Key news
  • Exhibit 118: General Electric Co. - Key offerings
  • Exhibit 119: General Electric Co. - Segment focus
12.4 GKN Aerospace Services Ltd.
  • Exhibit 120: GKN Aerospace Services Ltd. - Overview
  • Exhibit 121: GKN Aerospace Services Ltd. - Product / Service
  • Exhibit 122: GKN Aerospace Services Ltd. - Key offerings
12.5 Honeywell International Inc.
  • Exhibit 123: Honeywell International Inc. - Overview
  • Exhibit 124: Honeywell International Inc. - Business segments
  • Exhibit 125: Honeywell International Inc. - Key news
  • Exhibit 126: Honeywell International Inc. - Key offerings
  • Exhibit 127: Honeywell International Inc. - Segment focus
12.6 IHI Corp.
  • Exhibit 128: IHI Corp. - Overview
  • Exhibit 129: IHI Corp. - Business segments
  • Exhibit 130: IHI Corp. - Key news
  • Exhibit 131: IHI Corp. - Key offerings
  • Exhibit 132: IHI Corp. - Segment focus
12.7 JSC Klimov
  • Exhibit 133: JSC Klimov - Overview
  • Exhibit 134: JSC Klimov - Product / Service
  • Exhibit 135: JSC Klimov - Key offerings
12.8 MTU Aero Engines AG
  • Exhibit 136: MTU Aero Engines AG - Overview
  • Exhibit 137: MTU Aero Engines AG - Business segments
  • Exhibit 138: MTU Aero Engines AG - Key news
  • Exhibit 139: MTU Aero Engines AG - Key offerings
  • Exhibit 140: MTU Aero Engines AG - Segment focus
12.9 PBS Group AS
  • Exhibit 141: PBS Group AS - Overview
  • Exhibit 142: PBS Group AS - Product / Service
  • Exhibit 143: PBS Group AS - Key offerings
12.10 Raytheon Technologies Corp.
  • Exhibit 144: Raytheon Technologies Corp. - Overview
  • Exhibit 145: Raytheon Technologies Corp. - Business segments
  • Exhibit 146: Raytheon Technologies Corp. - Key news
  • Exhibit 147: Raytheon Technologies Corp. - Key offerings
  • Exhibit 148: Raytheon Technologies Corp. - Segment focus
12.11 Rolls Royce Holdings Plc
  • Exhibit 149: Rolls Royce Holdings Plc - Overview
  • Exhibit 150: Rolls Royce Holdings Plc - Business segments
  • Exhibit 151: Rolls Royce Holdings Plc - Key news
  • Exhibit 152: Rolls Royce Holdings Plc - Key offerings
  • Exhibit 153: Rolls Royce Holdings Plc - Segment focus
12.12 Safran SA
  • Exhibit 154: Safran SA - Overview
  • Exhibit 155: Safran SA - Business segments
  • Exhibit 156: Safran SA - Key news
  • Exhibit 157: Safran SA - Key offerings
  • Exhibit 158: Safran SA - Segment focus
12.13 Textron Inc.
  • Exhibit 159: Textron Inc. - Overview
  • Exhibit 160: Textron Inc. - Business segments
  • Exhibit 161: Textron Inc. - Key news
  • Exhibit 162: Textron Inc. - Key offerings
  • Exhibit 163: Textron Inc. - Segment focus
12.14 TurbAero
  • Exhibit 164: TurbAero - Overview
  • Exhibit 165: TurbAero - Product / Service
  • Exhibit 166: TurbAero - Key offerings
12.15 UEC-Aviadvigatel JSC
  • Exhibit 167: UEC-Aviadvigatel JSC - Overview
  • Exhibit 168: UEC-Aviadvigatel JSC - Product / Service
  • Exhibit 169: UEC-Aviadvigatel JSC - Key offerings
12.16 UEC Saturn
  • Exhibit 170: UEC Saturn - Overview
  • Exhibit 171: UEC Saturn - Product / Service
  • Exhibit 172: UEC Saturn - Key offerings
12.17 Williams International Co. LLC
  • Exhibit 173: Williams International Co. LLC - Overview
  • Exhibit 174: Williams International Co. LLC - Product / Service
  • Exhibit 175: Williams International Co. LLC - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 176: Inclusions checklist
  • Exhibit 177: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 178: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 179: Research methodology
  • Exhibit 180: Validation techniques employed for market sizing
  • Exhibit 181: Information sources
13.5 List of abbreviations
  • Exhibit 182: List of abbreviations

Companies Mentioned

A selection of companies mentioned in this report includes:

  • General Electric Co.
  • EuroJet Turbo GmbH
  • GKN Aerospace Services Ltd.
  • Honeywell International Inc.
  • IHI Corp.
  • JSC Klimov
  • Kawasaki Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • MTU Aero Engines AG
  • PBS Group AS
  • Raytheon Technologies Corp.
  • Rolls Royce Holdings Plc
  • Rostec
  • Siemens Energy AG
  • Textron Inc.
  • TurbAero
  • UEC-Aviadvigatel JSC
  • UEC Saturn
  • Williams International Co. LLC
  • Safran SA