Pune, Maharashtra -- (SBWIRE) -- 09/14/2023 -- The latest study released on the Global Aircraft Engines Market by HTF MI Research evaluates market size, trend, and forecast to 2029. The Aircraft Engines market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
EuroJet (Germany), PowerJet (France), NPO Saturn (Russia), Motor Sich (Ukraine), Ivchenko-Progress (Ukraine), Aviadvigatel (Russia), Pratt & Whitney (United States), General Electric (United States), CFM International (United States), Rolls-Royce (United Kingdom)
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According to HTF Market Intelligence, the Global Aircraft Engines market to witness a CAGR of 6.88% during forecast period of 2023-2029. The market is segmented by Type (Turboprop, Turbofan, Piston engine, Others) by Technology (Conventional Engine, Electric / Hybrid Engine) and by Geography (North America, South America, Europe, Asia Pacific, MEA).The Aircraft Engines market size is estimated to increase by USD at a CAGR of 6.8% from 2023 to 2029.
Definition:
An aircraft engine, either a gas turbine or piston engine, is a propulsion system meant to propel aircraft. Of late, there has been exceptional growth in air traffic as commercial airlines carried over 4.3 billion air passengers in 2018. The huge influx in air traffic has led to rise in demand for aircraft which puts the onus on aircraft engine manufacturers to provide efficient, lightweight, and technologically advanced energy-efficient engines. Considering the pace with which technology is evolving, there would be major changes in aircraft engines attributed by the economic and environmental concerns of fossil fuels.
Market Trends:
- Growing Focus on Light Weight Aircraft Engine Manufacturing
- Focus on Reducing the Number of In-flight Shutdowns and Aborted Take-offs Through Advanced Health Monitoring Technology
Market Drivers:
- Increasing Number of Aircraft Orders
- Growing Demand for Fuel Efficient Aircraft Engine
Market Opportunities:
- New Aircraft Manufactures in Asia Pacific
Major Highlights of the Aircraft Engines Market Report released by HTF MI
Market Breakdown by Types: Turboprop, Turbofan, Piston engine, Others
Global Aircraft Engines market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- -To carefully analyze and forecast the size of the Aircraft Engines market by value and volume.
- -To estimate the market shares of major segments of the Aircraft Engines market.
- -To showcase the development of the Aircraft Engines market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Aircraft Engines market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Aircraft Engines market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Aircraft Engines market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Aircraft Engines Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of the Aircraft Engines market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Aircraft Engines Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Aircraft Engines Market Production by Region Aircraft Engines Market Profile of Manufacturers are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Aircraft Engines Market Report:
- Aircraft Engines Overview, Definition and Classification Market drivers and barriers
- Aircraft Engines Market Competition by Manufacturers
- Aircraft Engines Capacity, Production, Revenue (Value) by Region (2023-2029)
- Aircraft Engines Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Aircraft Engines Production, Revenue (Value), Price Trend by Type {Turboprop, Turbofan, Piston engine, Others}
- Aircraft Engines Market Analysis by Application
- Aircraft Engines Manufacturers Profiles/Analysis Aircraft Engines Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
- How feasible is Aircraft Engines market for long-term investment?
- What are influencing factors driving the demand for Aircraft Engines near future?
- What is the impact analysis of various factors in the Global Aircraft Engines market growth?
- What are the recent trends in the regional market and how successful they are?
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