At 2.60% CAGR, Military Aircraft Engines Market to Reach US $11.2 Billion by 2026 from US $8.7 Billion

8 leading company’s competitive analysis report "The Global Military Aircraft Engines Market 2016-2026" spread across 121 pages available at ReportsnReports.com store

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Pune, Maharashtra -- (SBWire) -- 02/10/2017 --The Global Military Aircraft Engines Market 2016-2026 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyse factors that influence demand for military aircraft engines, key market trends, and challenges faced by industry participants.

Browse 8 leading company's competitive analysis, spread across 121 pages available @ http://www.reportsnreports.com/reports/541430-the-global-military-aircraft-engines-market-2016-2026.html

Key Findings

-The Global Military Aircraft Engines market is expected to be worth US$8.7 billion in 2016 and is expected increase to US$11.2 billion by 2026, representing a CAGR of 2.60% during the forecast period.

-Asia Pacific with an estimated share of 27.9% over the forecast period followed by the North America at 27.4% and Europe at 26.5%. The Middle Eastern market for military aircraft is expected to account for a share of 12.2% followed by the Latin American and African markets with a cumulative share of 6.0%.

-Combat aircraft engine and Other aircraft engines are expected to account for 46.1% and 20.2% of the military aircraft engine market respectively, followed by Transport aircraft engines and Rotorcraft engines, with a cumulative share of 33.6%.

During the forecast period, global military aircraft engines market is to be driven by the various fleet replacement programs, modernization strategies and aircraft upgrade projects across the world. With the global geopolitical situation changing rapidly, most of the countries are concentrating on modernizing their air power, including procurement of high-tech and advance engines. Additionally, emerging economies in the Middle East and South Asian regions are witnessing increasing defense expenditure and are therefore likely to present global military aircraft engine manufacturers with greater opportunities in the coming decade

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In particular, it provides an in-depth analysis of the following:

Market size and drivers: detailed analysis during 2016-2026, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world

Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of Military Aircraft Engines segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants

Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand

Major programs: details of the key programs in each segment, which are expected to be executed during 2016-2026

Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis

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Companies Mentioned

-Pratt and Whitney
-General Electric
-Rolls-Royce
-Honeywell
-Snecma S.A.
-Hindustan Aeronautics Limited (HAL)
-CFM International
-JSC Klimov

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