Global Aircraft Engine Market Size study, 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), and Regional Forecasts 2021-2027

BIZ4650429
200 Pages
September 2021
Aerospace & Defense

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Global aircraft engine market is valued approximately at USD 55.8 billion in 2020 and is anticipated to grow with a healthy growth rate of about 8.9% over the forecast period 2021-2027. Aircraft engine (also known as aero engine) is the power component used in an aircraft propulsion system. Most of the engines used in aircraft are either gas turbines or piston engines, although a few have been rocket powered and most of the small UAVs have used electric motors. The global aircraft engine market is being driven by rising operations in commercial aircraft industry and increasing demand for zero-emission aircraft. Furthermore, increasing demand of UAVs for military and commercial applications will provide new opportunities for the global aircraft engine industry. According to Statista, the total UAV market value across the globe is expected to increase from USD 25.59 billion in 2018 to approximately USD 70.28 billion by 2029. Such growth in the market value of UAVs is expected to increase the demand and adoption of aircraft engine to meet the requirements of the military and commercial drone applications. Hence, this is expected to boost the market growth. However, high cost of aircraft engines may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global aircraft engine market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global aircraft engine market over the forecast period 2021-2027. Factors such as rapid growth of technologically advanced aircraft engine, increase in manufacturing industries, growing defence aviation and aerospace industry, presence of majority of the leading players, research and development activities, etc. contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are:

General Electric Company

Rolls-Royce Plc

Collins Aerospace

Safran SA

Honeywell International, Inc.

Engine Alliance Llc

Textron Inc.

International Aero Engines

Mtu Aero Engines

Pratt and Whitney

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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 Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Aircraft Engine Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Aircraft Engine Market, by Region, 2019-2027 (USD Billion)

1.2.2. Aircraft Engine Market, by Type, 2019-2027 (USD Billion)

1.2.3. Aircraft Engine Market, by Component, 2019-2027 (USD Billion)

1.2.4. Aircraft Engine Market, by Platform, 2019-2027 (USD Billion)

1.2.5. Aircraft Engine Market, by Technology, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Aircraft Engine Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Aircraft Engine Market Dynamics

3.1. Aircraft Engine Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rising operations in commercial aircraft industry

3.1.1.2. Increasing demand for zero-emission aircraft

3.1.2. Market Restraint

3.1.2.1. High cost of aircraft engines

3.1.3. Market Opportunities

3.1.3.1. Increasing demand of UAVs for military and commercial applications

Chapter 4. Global Aircraft Engine Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Aircraft Engine Market, by Type

a. Market Snapshot

5.1. Global Aircraft Engine Market by Type, Performance - Potential Analysis

5.2. Global Aircraft Engine Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

5.3. Aircraft Engine Market, Sub Segment Analysis

5.3.1. Turboprop

5.3.2. Turbofan

5.3.3. Turboshaft

5.3.4. Piston Engine

Chapter 6. Global Aircraft Engine Market, by Component

b. Market Snapshot

6.1. Global Aircraft Engine Market by Component, Performance - Potential Analysis

6.2. Global Aircraft Engine Market Estimates & Forecasts by Component 2018-2027 (USD Billion)

6.3. Aircraft Engine Market, Sub Segment Analysis

6.3.1. Compressor

6.3.2. Turbine

6.3.3. Gearbox

6.3.4. Exhaust System

6.3.5. Fuel System

6.3.6. Others

Chapter 7. Global Aircraft Engine Market, by Platform

c. Market Snapshot

7.1. Global Aircraft Engine Market by Platform, Performance - Potential Analysis

7.2. Global Aircraft Engine Market Estimates & Forecasts by Platform 2018-2027 (USD Billion)

7.3. Aircraft Engine Market, Sub Segment Analysis

7.3.1. Fixed Wing Aircraft

7.3.2. Rotary Wing Aircraft

7.3.3. Unmanned Ariel Vehicles

Chapter 8. Global Aircraft Engine Market, by Technology

d. Market Snapshot

8.1. Global Aircraft Engine Market by Technology, Performance - Potential Analysis

8.2. Global Aircraft Engine Market Estimates & Forecasts by Technology 2018-2027 (USD Billion)

8.3. Aircraft Engine Market, Sub Segment Analysis

8.3.1. Conventional

8.3.2. Hybrid

Chapter 9. Global Aircraft Engine Market, Regional Analysis

9.1. Aircraft Engine Market, Regional Market Snapshot

9.2. North America Aircraft Engine Market

9.2.1. U.S. Aircraft Engine Market

9.2.1.1. Type breakdown estimates & forecasts, 2018-2027

9.2.1.2. Component breakdown estimates & forecasts, 2018-2027

9.2.1.3. Platform breakdown estimates & forecasts, 2018-2027

9.2.1.4. Technology breakdown estimates & forecasts, 2018-2027

9.2.2. Canada Aircraft Engine Market

9.3. Europe Aircraft Engine Market Snapshot

9.3.1. U.K. Aircraft Engine Market

9.3.2. Germany Aircraft Engine Market

9.3.3. France Aircraft Engine Market

9.3.4. Spain Aircraft Engine Market

9.3.5. Italy Aircraft Engine Market

9.3.6. Rest of Europe Aircraft Engine Market

9.4. Asia-Pacific Aircraft Engine Market Snapshot

9.4.1. China Aircraft Engine Market

9.4.2. India Aircraft Engine Market

9.4.3. Japan Aircraft Engine Market

9.4.4. Australia Aircraft Engine Market

9.4.5. South Korea Aircraft Engine Market

9.4.6. Rest of Asia Pacific Aircraft Engine Market

9.5. Latin America Aircraft Engine Market Snapshot

9.5.1. Brazil Aircraft Engine Market

9.5.2. Mexico Aircraft Engine Market

9.6. Rest of The World Aircraft Engine Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. General Electric Company

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Rolls-Royce Plc

10.2.3. Collins Aerospace

10.2.4. Safran SA

10.2.5. Honeywell International, Inc.

10.2.6. Engine Alliance Llc

10.2.7. Textron Inc.

10.2.8. International Aero Engines

10.2.9. Mtu Aero Engines

10.2.10. Pratt and Whitney

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 2. Global Aircraft Engine Market, report scope

TABLE 3. Global Aircraft Engine Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Aircraft Engine Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 5. Global Aircraft Engine Market estimates & forecasts by Component 2018-2027 (USD Billion)

TABLE 6. Global Aircraft Engine Market estimates & forecasts by Platform 2018-2027 (USD Billion)

TABLE 7. Global Aircraft Engine Market estimates & forecasts by Technology 2018-2027 (USD Billion)

TABLE 8. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Aircraft Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. Global Aircraft Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. U.S. Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. U.S. Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. U.S. Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Canada Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. Canada Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. Canada Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. UK Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. UK Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. UK Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. Germany Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. Germany Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. Germany Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. France Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. France Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. France Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Spain Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Spain Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Spain Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Italy Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. Italy Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Italy Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. ROE Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. ROE Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. ROE Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. China Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. China Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. China Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. India Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. India Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. India Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Japan Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Japan Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Japan Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Australia Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 58. Australia Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. Australia Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. South Korea Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 61. South Korea Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. South Korea Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. ROPAC Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 64. ROPAC Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. ROPAC Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Brazil Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 67. Brazil Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Brazil Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Mexico Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 70. Mexico Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. Mexico Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROLA Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 73. ROLA Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROLA Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROW Aircraft Engine Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 76. ROW Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 77. ROW Aircraft Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 78. List of secondary sources used in the study of global Aircraft Engine Market.

TABLE 79. List of primary sources used in the study of global Aircraft Engine Market.

TABLE 80. Years considered for the study.

TABLE 81. Exchange rates considered.

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