Aircraft Engines Market Overview
Maximize Market Research has unveiled a highly informative report on the Aircraft Engines Market. The research adopts a comprehensive and basic approach to analysing the market, taking into account subjective factors that can offer readers vital business perspectives. The report’s market overview lets stakeholders explore the value chain structure, geographical analysis, applications, market size, and forecast.
Aircraft Engines Market Value :
Aircraft Engines Market size was valued at US$ 90.22 Bn in 2022 and expected to reach US$ 137.47 Bn by 2029, at a CAGR of 6.2% though out the forecast period.
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Aircraft Engines Market Report Scope and Research Methodology
The report primarily focuses on identifying major companies’ key drivers and restraints, alongside a comprehensive evaluation of current competitive benchmarking and development prospects. The reportoffers a detailed analysis of the Aircraft Engines market trends, future insights, and recent market changes, encompassing demand chain, supply chain, and sales aspects. The report also includes vital information such as Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product in the Aircraft Engines market research.
Aircraft Engines Market Regional Insights
In-depth assessment of the growth trend is done in the global Aircraft Engines market report according to regions. The report strategically segments the major regions, such as North America, Asia Pacific, Europe, South America, and the Middle East and Africa, all of which play a pivotal role in shaping the Aircraft Engines market at a global level.
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Aircraft Engines Market Segmentation:
By technology, the Conventional segment dominated the market in 2022, accounting for 64%. Conventional aircraft are also called aero engines. This is the most critical power component in an aircraft propulsion system.
by Technology
Conventional
Hybrid
Turbofan dominated the market in 2022, accounting for 43%. A turbofan engine, also referred to as a fan jet or bypass engine, is a type of jet engine that generates thrust by combining jet core outflow and bypass air.
by Type
Turboprop
Turbofan
Turboshaft
Piston Engine
By platform, the fixed-wing segment dominated the market in 2022, accounting for 42%. The wings are not moving and are powered by a propeller or jet engine. Airplanes must travel long distances with a certain amount of fuel.
by Platform
Unmanned Ariel
Fixed Wing
Rotary Wing
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Aircraft Engines Market Key Players:
1. General Electric Company
2. Rolls-Royce Motor Cars Limited
3. Honeywell International Inc.
4. Snecma S.A
5. Hindustan Aeronautics Limited
6. JSC “Klimov”-United Engine Corporation
7. Safran
8. Boeing.
9. General Aviation
10. Rolls-Royce Holdings PLC
11. CFM International SA
12. GE Aviation
13. Internatinal Aero Engines AG
14. MTU Aero Engines AG
15. Textron Inc.
16. Pratt & Whitney Division Snecma S.A
17. Raytheon Technologies Corporation
18. Engine Alliance LLC
19. Extron Inc.
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