Albany, NY -- (SBWIRE) -- 10/14/2016 -- Transparency Market Research, in a comprehensive and objective research report titled "Aircraft Engine, Parts and Equipments Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019," takes a detailed look at the structure, scope, and dynamics of the global aircraft engine, parts, and equipment market.

According to the report, the aircraft engine, parts, and equipment market is propelled by the ongoing trends in air travel, the growing demand for private and commercial airplanes, major technological improvements in aircraft, recent collaborations, the focus of the aviation industry on improving fuel efficiency, and the increase in light jet production. On the other hand, the reduction in defense expenditure in countries such as the US owing to the decline in military involvement overseas is anticipated to hamper the aircraft engine, parts, and equipment market in the coming years.

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The global aircraft engine, parts, and equipment market is geographically segmented into Europe, Asia Pacific, North America, and Rest of the World. North America and Europe are the leading markets for aircraft engine, parts, and equipment. In North America, Canada and the US have been witnessing impressive growth, with Canada being a leader in the production of turbine-powered aviation engines for commercial as well as business aircraft and helicopters.

The Asia Pacific aircraft engine, parts, and equipment market is anticipated to exhibit the fastest growth during the forecast period. Countries such as South Korea, Japan, India, and China have been witnessing continuous technological development. In addition to this, the rapid economic growth, the increase in urbanization, the launch of low-cost carriers, the surge in passenger and cargo hubs, the rise in population, and the growth of inter-regional trade have also contributed to the Asia Pacific aircraft engine, parts, and equipment market.

The research report reviews the competitive landscape of the global aircraft engine, parts, and equipment market in absolute detail to give readers a complete understanding of who the leading vendors are, their strengths and weaknesses, how to make the most of the opportunities on offer in the market, and how to tackle the threats they may face.

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Some of the prominent players actively participating in the aircraft engine, parts, and equipment market are Rolls-Royce, MD Helicopters Inc., Safran, Pratt & Whitney International Aero Engines, Fokker Aerostructures B.V., Zodiac, Kawasaki Heavy Industries, Bell Helicopter Textron Inc., CFM International, Inc., Thales, GE Aviation, American Champion Aircraft Corporation, BAE Systems, European Aeronautic Defense and Space Co, and Airbus S.A.S. These players are profiled in the research report based on aspects such as company overview, financial performance, business strategies, and recent developments.