According to the research report, the global aircraft engine market size is expected to touch USD 187.26 Billion by 2032, from USD 87.38 Billion in 2022, growing with a significant CAGR of 7.92% from 2023 to 2032.
The aircraft engine report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global aircraft engine in conjunction with the geographical landscape of this vertical have also been included in this report.
The report offers intricate dynamics about different aspects of the global aircraft engine market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global aircraft engine during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
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Report Scope of the Video Aircraft Engine Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 94.3 Billion |
| Market Size by 2032 | USD 187.26 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 7.92% |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Type, By Component, By Platform, and By Technology |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
This study covers a detailed segmentation of the global aircraft engine market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global aircraft engine market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
Key Players
- Rolls-Royce Holding PLC
- IHI Corp.
- Mitsubishi Heavy Industries Aero Engines Ltd
- Raytheon Technologies Corporation
- Honeywell International Inc.
- Rostec
- MTU Aero Engines AG
- Safran SA
- Textron Inc.
- Williams International Co. LLC
- General Electric Company
Market Segmentation
By Type
- Turboprop
- Turbofan
- Turboshaft
- Piston Engine
By Component
- Compressor
- Turbine
- Gearbox
- Exhaust System
- Fuel System
- Others
By Platform
- Fixed Wing Aircraft
- Rotary Wing Aircraft
- Unmanned Ariel Vehicles
By Technology
- Conventional
- Hybrid
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology
The research methodology adopted by analysts for compiling the global aircraft engine report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global aircraft engine market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Aircraft Engine Market
5.1. COVID-19 Landscape: Aircraft Engine Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Aircraft Engine Market, By Type
8.1. Aircraft Engine Market Revenue and Volume Forecast, by Type, 2023-2032
8.1.1. Turboprop
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Turbofan
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Turboshaft
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Piston Engine
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Aircraft Engine Market, By Component
9.1. Aircraft Engine Market Revenue and Volume Forecast, by Component, 2023-2032
9.1.1. Compressor
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Turbine
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Gearbox
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Exhaust System
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. Fuel System
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
9.1.6. Others
9.1.6.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Aircraft Engine Market, By Platform
10.1. Aircraft Engine Market Revenue and Volume Forecast, by Platform, 2023-2032
10.1.1. Fixed Wing Aircraft
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Rotary Wing Aircraft
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Unmanned Ariel Vehicles
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Aircraft Engine Market, By Technology
11.1. Aircraft Engine Market Revenue and Volume Forecast, by April, 2023-2032
11.1.1. Conventional
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Hybrid
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Aircraft Engine Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.1.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.1.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.1.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.1.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.1.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.7.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.7.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.2.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.2.8.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.2.8.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.7.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.7.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.3.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.3.8.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.3.8.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.7.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.7.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.7.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.4.8.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.4.8.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.4.8.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.5.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.5.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.5.5.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
12.5.6.2. Market Revenue and Volume Forecast, by Component (2020-2032)
12.5.6.3. Market Revenue and Volume Forecast, by Platform (2020-2032)
12.5.6.4. Market Revenue and Volume Forecast, by Technology(2020-2032)
Chapter 13. Company Profiles
13.1. Rolls-Royce Holding PLC
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. IHI Corp.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Mitsubishi Heavy Industries Aero Engines Ltd
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Raytheon Technologies Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Honeywell International Inc.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Rostec
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. MTU Aero Engines AG
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Safran SA
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Textron Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Williams International Co. LLC
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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