Aviation Gas Turbine Market Report 2026

The aviation gas turbine market size has grown strongly in recent years. It will grow from $12.14 billion in 2025 to $12.88 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rising production of commercial and military aircraft increasing demand for gas turbine engines, advancements in compressor and turbine technologies improving engine efficiency and thrust output, growth in maintenance and overhaul cycles driving replacement of combustion chambers and exhaust components, increased adoption of high-temperature materials enhancing durability and performance, expansion of global air travel stimulating demand for reliable propulsion systems.

The aviation gas turbine market size is expected to see strong growth in the next few years. It will grow to $16.21 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to growing development of next-generation fuel-efficient gas turbines to reduce emissions and operating costs, increasing investment in hybrid-electric propulsion systems integrating advanced turbine components, expansion of additive manufacturing for lightweight and optimized turbine parts, rising demand for high-performance engines supporting long-haul and supersonic aircraft concepts, development of digital twins and advanced analytics to optimize turbine performance and lifecycle management. Major trends in the forecast period include enhanced underwater navigation systems, autonomous mission planning and operation, advanced underwater imaging and mapping, integration of multi-sensor payloads, extended battery life and endurance technologies.

The rising number of travelers is expected to drive the growth of the aviation gas turbine market. Global travelers are individuals who frequently travel internationally or move between different locations. Gas turbines function based on the principles of compression, combustion, and expansion, where the air’s pressure and temperature increase as its velocity decreases. This process helps maintain an optimal power-to-weight ratio, enhancing passenger comfort during flights. For example, in November 2024, Eurostat, the Luxembourg-based statistical office of the European Union (EU), reported that air travel in the EU reached 973 million passengers in 2023, a 19.3% increase compared to 2022. Consequently, the growing number of global travelers is driving demand in the aviation gas turbine market.

Major companies in the aviation gas turbine market are concentrating on developing single-engine turboprops to improve fuel efficiency, lower operational costs, and enhance performance for short-haul flights, catering to both commercial and private aviation sectors. A single-engine turboprop is an aircraft powered by a single turboprop engine, merging characteristics of both jet and propeller-driven engines. These aircraft are equipped with a Garmin G3000 glass cockpit that features touchscreen interfaces for user control. The G3000 avionics suite, standard on new models, includes the HALO Safety System. In February 2024, Piper Aircraft Inc., a U.S.-based manufacturer, launched the M700 Fury, a single-engine turboprop with a maximum cruise speed of 301 knots, making it the fastest single-engine aircraft in Piper's history. It boasts an impressive climb rate of 2,048 feet per minute, approximately 30% higher than the M600, and offers six new interior schemes for personalization, allowing customers to select from various color palettes and premium materials to enhance comfort and aesthetics.

In August 2023, Doosan Corp., a South Korea-based company, entered into a partnership with the Agency for Defense Development (ADD) for an undisclosed amount. This collaboration aims to enhance Doosan's portfolio by leveraging the Agency for Defense Development's expertise in aviation gas turbines. The Agency for Defense Development (ADD) is an organization based in South Korea that specializes in providing aviation gas turbines.

Major companies operating in the aviation gas turbine market are General Electric Company, CFM International Inc., Pratt & Whitney Co. Inc., Rolls-Royce Holdings plc, Avio SpA, Engine Alliance LLC, International Aero Engines AG, MTU Aero Engines AG, United Engine Corporation, Raytheon Technologies Corporation, Williams International Co. LLC, Safran Aircraft Engines, EuroJet Turbo GmbH, Honeywell International Inc., IHI Corporation, Klimov JSC, Kawasaki Heavy Industries Ltd., Safran SA, Solar Turbines Incorporated, Mitsubishi Heavy Industries Ltd., MTU Turbomeca Rolls-Royce GmbH, Motor Sich JSC, Chromalloy Gas Turbine LLC, GKN Aerospace Services Limited.

North America was the largest region in the aviation gas turbine market in 2025. The regions covered in the aviation gas turbine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the aviation gas turbine market by increasing the cost of importing precision components such as compressors, turbines, and combustion systems, particularly affecting North America, Europe, and Asia-Pacific regions where key manufacturers and assembly hubs are located. This has raised production and maintenance costs for commercial and defense aircraft. On the positive side, tariffs are encouraging local manufacturing, promoting innovation, and driving investments in domestic high-efficiency turbine solutions.

The aviation gas turbines market research report is one of a series of new reports that provides aviation gas turbines market statistics, including aviation gas turbines industry global market size, regional shares, competitors with an aviation gas turbines market share, detailed aviation gas turbines market segments, market trends, and opportunities, and any further data you may need to thrive in the aviation gas turbines industry. This aviation gas turbines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aviation gas turbines are rotary engines designed to convert the flow of combustion gases into energy, primarily used to power aircraft engines. They play a crucial role in aircraft propulsion by generating energy and enhancing the quality of combustion.

The main categories of aviation gas turbines encompass turbojet, turbofan, turboprop, and other specialized types. Turbojet engines use a turbine-driven compressor to draw in and compress air before mixing it with fuel in a combustion chamber. These engines are utilized in diverse applications including commercial, defense, and business aircraft, both electric-based and using specialized fuels.

The countries covered in the aviation gas turbine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aviation gas turbine consists of sales of compressors, combustion chambers, turbines, and exhaust nozzles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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