Report Description

The aircraft engine market stood around USD94.40 billion in 2021 and is estimated to reach USD195.62 billion by 2035, advancing with a CAGR of 5.30% in the forecast period, 2022-2035. An increase in technological development and an upsurge in demand for international tourism and commercial trading are driving the growth of the global aircraft engine market in the forecast years.

Engines driven by jet propulsion, turbines, or pistons are referred to as aviation engines. Jet propulsion engines must generate at least 1750 lb of thrust or its equivalent for takeoff. Furthermore, in the case of turbine- or piston-powered aircraft engines, all modules and other integrated or attached components, parts, and equipment must provide at least 550 rated takeoff shaft horsepower or its equivalent. The systems often found integrated with the engine operation are the accessory drive gearbox, fuel system, lubrication system, ignition system, bleed system, start system, anti-ice system, etc.

The global spread of the COVID-19 pandemic has caused public health and economic challenges. Due to full and partial lockdowns enforced across several nations to reduce the risk of coronavirus transmission, most aviation engine manufacturers were obliged to cease manufacturing for a few months, directly affecting aircraft engine sales, worldwide. According to published data from the World Bank, global GDP plummeted by 3.3% in 2020, impacting worldwide economies. Due to weaker economic growth and political constraints on passenger air travel, airlines worldwide have put off replacing their existing fleets, resulting in a decline in aircraft sales in 2020. According to International Air Transport Association (IATA), passenger air travel reduced globally in 2020 due to the COVID-19 pandemic, significantly affecting the aviation industry in the second and third quarters of 2020.

Rise in Global Tourism

As per the data published by United Nations World Tourism Organization (UNWTO), in 2021, the number of international travelers recorded worldwide was 15 million more than that of 2020. International travel has become easier due to increased airline connectivity between countries. Increased work opportunities, a growing number of passenger airlines, rising disposable income, rising people's standard of living, and other factors have contributed to the massive development of international tourism. According to the United Nations World Tourism Organization (UNWTO), there were 15 million more international travelers in 2021 than in 2020. This amounted to approximately a jump of 4% compared to the 2020 statistics. The escalation in international travel has directly raised the demand for passenger airplanes worldwide, which is driving expansion in the worldwide aircraft engine industry.

Less Demand in Renewal Market

Engines are among the most critical components in aircraft operation and are often quite expensive. In 2021, an airplane engine will probably cost USD13.54 million on average. As a result, the high cost of engines makes it challenging for aircraft operators to replace them when they collapse. Furthermore, engine manufacturing takes a long time, resulting in idle time, which hinders the operations of aviation industries. Because of all these aspects, airplane owners like to rent or lease aero engines to minimize their financial burden, as the upfront cost of new engines is substantially higher than that of leased ones. As a result, aircraft manufacturers see a drop in demand in the replacement market.

Rising Safety Concern

According to the International Air Transport Association (IATA), 7 fatal incidents occurred in 2021, resulting in 121 deaths. The rate of death was 76.92% higher than the previous year. Because of the increased concern for passenger safety, aviation engine manufacturers are working to improve the efficiency and technology of their engines to provide a safer air travel experience. As air safety regulations have improved, aircraft engine manufacturers must devote more time and money to research and development. Such advancements are a primary driving force in the aircraft engine sector.

Technological Advancement

Aircraft engine manufacturers are consistently evolving with different engine designs to deliver a better aviation experience for people. The high noise pollution caused by aircraft engines is one of the primary concerns for aircraft engine manufacturers. Manufacturers are emphasizing on diverting the engine upwards to keep the noise apart from the passengers. For Instance, Safran Landing Systems, is developing landing gear noise reduction technology as part of Boeing's 2020 eco-Demonstrator. The company is measuring a landing gear's noise projections to build a modified and quieter operational solution. A large volume of thrust energy is required to raise an aircraft into the air. Aircraft engine manufacturers are focusing on airframe integration, material processing techniques, new and improved materials, turbomachine technology developments, and aerodynamic designs to improve engine performance. All these attributes help to enhance aviation engine propulsion technology. To optimize aircraft propulsion performance, hybrid propulsion technology has been used which includes advance sustainable aviation fuels (SAFs) and hydrogen.


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Market Segmentation

The aircraft engine market is segmented by engine type, by aircraft type, by platform, by application, and by region. On the basis of engine type, the market is segmented into turbofan, piston, turboprop, turboshaft. Based on aircraft type, the market is segmented into Narrow Body, Rotocrafts, Business Aircrafts, Fighter Aircrafts, Wide Body Aircrafts, Regional Aircrafts. On the basis platform, the market is bifurcated into fixed wing and rotary wing. On the basis application, market is segmented into commercial, military. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific, European, Americas region, Middle East and Africa. In terms of country, the United States aircraft engine market is forecast to reach around USD104.50 billion in 2035 from USD50.22 billion in 2021.

Company Profiles

Raytheon Technologies Corporation, General Electric Company, Safran Aircraft Engines, Rolls-Royce plc, Honeywell International Inc., MTU Aero Engines AG, Aero Engine Corporation of China (AECC), Continental Aerospace Technologies, Textron Inc., Williams International. These are the key players are developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Attribute

Details

Market Size Value in 2021

USD94.40 Billion

Revenue Forecast in 2035

USD195.62 Billion

US Revenue Forecast in 2035

USD104.50 Billion

Growth Rate

5.30%

Base Year

2021

Historical Years

2017 – 2021

Estimated Year

2022

Forecast Period

2023 – 2035

Quantitative Units

Revenue in USD Billion, Volume in Units, and CAGR for 2017-2021 and 2022-2035

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         By Engine Type

·         By Aircraft Type

·         By Platform

·         By Application

·         Region

Regional Scope

 Americas, Europe, Asia Pacific, Middle East and Africa

Country Scope

United States, Canada, Brazil, Mexico, United Kingdom, Germany, France, Italy, Spain, Russia, Poland, China, Japan, South Korea, Australia, India, Israel, South Africa.

Key Companies Profiled

 Raytheon Technologies Corporation, General Electric Company, Safran Aircraft Engines, Rolls-Royce plc, Honeywell International Inc., MTU Aero Engines AG, Aero Engine Corporation of China (AECC), Continental Aerospace Technologies, Textron Inc., Williams International.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global aircraft engine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·          Global Aircraft Engine Market, By Engine Type:

    • Turbofan
    • Piston
    • Turboprop
    • Turboshaft
  • Global Aircraft Engine, By Aircraft Type:
    • Narrow Body Aircrafts
    • Regional Aircrafts
    • Business Aircrafts
    • Rotocrafts
    • Wide Body Aircrafts

o   Fighter Aircrafts

·         Global Aircraft Engine, By Platform:

    • Fixed Wing
    • Rotary Wing
  • Global Aircraft Engine, By Application:
    • Commercial
    • Military
  • Global Aircraft Engine Market, By Region:
    • Americas
      • United States
      • Canada
      • Brazil
      • Mexico
    • Europe
      • United Kingdom
      • France
      • Germany
      • Russia
      • Spain
      • Italy
      • Poland
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Australia
      • India
    • Middle East and Africa
      • Israel
      • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global aircraft engine market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Aircraft Engine Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Global Aircraft Engine Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Volume

6.1.2.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Engine Type (Turbofan, Piston, Turboshaft, Turboprop)

6.2.2.    By Aircraft Type (Narrow Body, Rotocrafts, Business Aircrafts, Fighter Aircrafts, Wide Body Aircrafts, Regional Aircrafts)

6.2.3.    By Platform (Fixed Wing and Rotary Wing)

6.2.4.    By Application (Commercial, Military)

6.2.5.    By Region

6.2.6.    By Company (2021)

6.3.  Market Map (By Engine Type, By Aircraft Type, By Platform, By Application, By Region)

7.    Americas Aircraft Engine Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.1.2.    By Volume

7.2.  Market Share & Forecast

7.2.1.    By Engine Type

7.2.2.    By Aircraft Type

7.2.3.    By Platform

7.2.4.    By Application

7.2.5.    By Country (United States, Canada, Brazil, Mexico)

7.3.  Americas: Country Analysis

7.3.1.    United States Aircraft Engine Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Volume

7.3.1.1.2.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Engine Type

7.3.1.2.2.           By Aircraft Type

7.3.1.2.3.           By Platform

7.3.1.2.4.           By Application

7.3.2.    Canada Aircraft Engine Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Volume

7.3.2.1.2.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Engine Type

7.3.2.2.2.           By Aircraft Type

7.3.2.2.3.           By Platform

7.3.2.2.4.           By Application

7.3.3.    Brazil Aircraft Engine Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Volume

7.3.3.1.2.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Engine Type

7.3.3.2.2.           By Aircraft Type

7.3.3.2.3.           By Platform

7.3.3.2.4.           By Application

7.3.4.    Mexico Aircraft Engine Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Volume

7.3.4.1.2.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Engine Type

7.3.4.2.2.           By Aircraft Type

7.3.4.2.3.           By Platform

7.3.4.2.4.           By Application

8.    Europe Aircraft Engine Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.1.2.    By Volume

8.2.  Market Share & Forecast

8.2.1.    By Engine Type

8.2.2.    By Aircraft Type

8.2.3.    By Platform

8.2.4.    By Application

8.2.5.    By Country (United Kingdom, Germany, France, Italy, Spain, Russia, Poland)

8.3.  Europe: Country Analysis

8.3.1.    United Kingdom Aircraft Engine Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Volume

8.3.1.1.2.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Engine Type

8.3.1.2.2.           By Aircraft Type

8.3.1.2.3.           By Platform

8.3.1.2.4.           By Application

8.3.2.    France Aircraft Engine Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Volume

8.3.2.1.2.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Engine Type

8.3.2.2.2.           By Aircraft Type

8.3.2.2.3.           By Platform

8.3.2.2.4.           By Application

8.3.3.    Germany Aircraft Engine Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Volume

8.3.3.1.2.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Engine Type

8.3.3.2.2.           By Aircraft Type

8.3.3.2.3.           By Platform

8.3.3.2.4.           By Application

8.3.4.    Russia Aircraft Engine Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Volume

8.3.4.1.2.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Engine Type

8.3.4.2.2.           By Aircraft Type

8.3.4.2.3.           By Platform

8.3.4.2.4.           By Application

8.3.5.    Spain Aircraft Engine Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Volume

8.3.5.1.2.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Engine Type

8.3.5.2.2.           By Aircraft Type

8.3.5.2.3.           By Platform

8.3.5.2.4.           By Application

8.3.6.    Italy Aircraft Engine Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Volume

8.3.6.1.2.           By Value

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Engine Type

8.3.6.2.2.           By Aircraft Type

8.3.6.2.3.           By Platform

8.3.6.2.4.           By Application

8.3.7.    Poland Aircraft Engine Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Volume

8.3.7.1.2.           By Value

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.           By Engine Type

8.3.7.2.2.           By Aircraft Type

8.3.7.2.3.           By Platform

8.3.7.2.4.           By Application

8.3.7.2.5.           By Application

9.    Asia-Pacific Aircraft Engine Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.1.2.    By Volume

9.2.  Market Share & Forecast

9.2.1.    By Engine Type

9.2.2.    By Aircraft Type

9.2.3.    By Platform

9.2.4.    By Application

9.2.5.    By Country (China, Japan, South Korea, Australia, India)

9.3.  Asia-Pacific: Country Analysis

9.3.1.    China Aircraft Engine Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Volume

9.3.1.1.2.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Engine Type

9.3.1.2.2.           By Aircraft Type

9.3.1.2.3.           By Platform

9.3.1.2.4.           By Application

9.3.2.    Japan Aircraft Engine Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Volume

9.3.2.1.2.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Engine Type

9.3.2.2.2.           By Aircraft Type

9.3.2.2.3.           By Platform

9.3.2.2.4.           By Application

9.3.3.    South Korea Aircraft Engine Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Volume

9.3.3.1.2.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Engine Type

9.3.3.2.2.           By Aircraft Type

9.3.3.2.3.           By Platform

9.3.3.2.4.           By Application

9.3.4.    Australia Aircraft Engine Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Volume

9.3.4.1.2.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Engine Type

9.3.4.2.2.           By Aircraft Type

9.3.4.2.3.           By Platform

9.3.4.2.4.           By Application

9.3.5.    India Aircraft Engine Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Volume

9.3.5.1.2.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Engine Type

9.3.5.2.2.           By Aircraft Type

9.3.5.2.3.           By Platform

9.3.5.2.4.           By Application

10. Middle East and Africa Aircraft Engine Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.1.2. By Volume

10.2.             Market Share & Forecast

10.2.1. By Engine Type

10.2.2. By Aircraft Type

10.2.3. By Platform

10.2.4. By Application

10.2.5. By Country (Israel, South Africa)

10.3.             Middle East and Africa: Country Analysis

10.3.1. Israel Aircraft Engine Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Volume

10.3.1.1.2.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Engine Type

10.3.1.2.2.         By Aircraft Type

10.3.1.2.3.         By Platform

10.3.1.2.4.         By Application

10.3.2. South Africa Aircraft Engine Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Volume

10.3.2.1.2.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Engine Type

10.3.2.2.2.         By Aircraft Type

10.3.2.2.3.         By Platform

10.3.2.2.4.         By Application

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends and Developments

13. Competitive Landscape

13.1.             Raytheon Technologies Corporation

13.2.             General Electric Company

13.3.             Safran Aircraft Engines

13.4.             Rolls-Royce plc

13.5.             Honeywell International Inc.

13.6.             MTU Aero Engines AG

13.7.             Aero Engine Corporation of China (AECC)

13.8.             Continental Aerospace Technologies

13.9.             Textron Inc.

13.10.          Williams International

14. Strategic Recommendations

Figures and Tables

Figure 1:              Global Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 2:              Global Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 3:              Global Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 4:              Global Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 5:              Global Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 6:              Global Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 7:              Global Aircraft Engine Market Share, By Region, By Volume, 2017-2035F

Figure 8:              Global Aircraft Engine Market Share, By Company, By Volume, 2021

Figure 9:              Global Aircraft Engine Market Map, By Engine Type, Market Size (Units) & Growth Rate (%)

Figure 10:            Global Aircraft Engine Market Map, By Aircraft Type, Market Size (Units) & Growth Rate (%)

Figure 11:            Global Aircraft Engine Market Map, By Platform, Market Size (Units) & Growth Rate (%)

Figure 12:            Global Aircraft Engine Market Map, By Application, Market Size (Units) & Growth Rate (%)

Figure 13:            Global Aircraft Engine Market Map, By Region, Market Size (Units) & Growth Rate (%)

Figure 14:            Americas Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 15:            Americas Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 16:            Americas Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 17:            Americas Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 18:            Americas Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 19:            Americas Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 20:            Americas Aircraft Engine Market Share, By Country, By Volume, 2017-2035F

Figure 21:            United States Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 22:            United States Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 23:            United States Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 24:            United States Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 25:            United States Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 26:            United States Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 27:            Canada Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 28:            Canada Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 29:            Canada Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 30:            Canada Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 31:            Canada Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 32:            Canada Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 33:            Brazil Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 34:            Brazil Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 35:            Brazil Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 36:            Brazil Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 37:            Brazil Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 38:            Brazil Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 39:            Mexico Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 40:            Mexico Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 41:            Mexico Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 42:            Mexico Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 43:            Mexico Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 44:            Mexico Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 45:            Europe Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 46:            Europe Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 47:            Europe Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 48:            Europe Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 49:            Europe Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 50:            Europe Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 51:            Europe Aircraft Engine Market Share, By Country, By Volume, 2017-2035F

Figure 52:            United Kingdom Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 53:            United Kingdom Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 54:            United Kingdom Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 55:            United Kingdom Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 56:            United Kingdom Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 57:            United Kingdom Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 58:            France Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 59:            France Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 60:            France Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 61:            France Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 62:            France Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 63:            France Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 64:            Germany Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 65:            Germany Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 66:            Germany Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 67:            Germany Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 68:            Germany Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 69:            Germany Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 70:            Russia Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 71:            Russia Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 72:            Russia Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 73:            Russia Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 74:            Russia Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 75:            Russia Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 76:            Spain Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 77:            Spain Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 78:            Spain Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 79:            Spain Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 80:            Spain Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 81:            Spain Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 82:            Italy Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 83:            Italy Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 84:            Italy Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 85:            Italy Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 86:            Italy Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 87:            Italy Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 88:            Poland Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 89:            Poland Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 90:            Poland Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 91:            Poland Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 92:            Poland Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 93:            Poland Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 94:            Asia-Pacific Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 95:            Asia-Pacific Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 96:            Asia-Pacific Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 97:            Asia-Pacific Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 98:            Asia-Pacific Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 99:            Asia-Pacific Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 100:          Asia-Pacific Aircraft Engine Market Share, By Country, By Volume, 2017-2035F

Figure 101:          China Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 102:          China Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 103:          China Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 104:          China Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 105:          China Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 106:          China Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 107:          Japan Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 108:          Japan Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 109:          Japan Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 110:          Japan Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 111:          Japan Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 112:          Japan Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 113:          South Korea Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 114:          South Korea Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 115:          South Korea Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 116:          South Korea Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 117:          South Korea Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 118:          South Korea Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 119:          Australia Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 120:          Australia Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 121:          Australia Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 122:          Australia Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 123:          Australia Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 124:          Australia Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 125:          India Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 126:          India Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 127:          India Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 128:          India Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 129:          India Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 130:          India Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 131:          Middle East and Africa Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 132:          Middle East and Africa Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 133:          Middle East and Africa Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 134:          Middle East and Africa Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 135:          Middle East and Africa Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 136:          Middle East and Africa Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 137:          Middle East and Africa Aircraft Engine Market Share, By Country, By Volume, 2017-2035F

Figure 138:          Israel Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 139:          Israel Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 140:          Israel Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 141:          Israel Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 142:          Israel Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 143:          Israel Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Figure 144:          South Africa Aircraft Engine Market Size, By Volume (Units), 2017-2035F

Figure 145:          South Africa Aircraft Engine Market Size, By Value (USD Billion), 2017-2035F

Figure 146:          South Africa Aircraft Engine Market Share, By Engine Type, By Volume, 2017-2035F

Figure 147:          South Africa Aircraft Engine Market Share, By Aircraft Type, By Volume, 2017-2035F

Figure 148:          South Africa Aircraft Engine Market Share, By Platform, By Volume, 2017-2035F

Figure 149:      South Africa Aircraft Engine Market Share, By Application, By Volume, 2017-2035F

Frequently asked questions

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North America has a dominant share around 60% in the global aircraft engine market because United States holds the largest fleet of aircraft across the world

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Advancement in aviation technologies, development in performance and design specifications, increase in commercial aircraft business are the major factors to increase in the demand for Aircraft Engine and result in fuelling the market growth with CAGR of 5.40% in terms of value.

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The top 10 players in the global Aircraft Engine market are Raytheon Technologies Corporation, General Electric Company, Safran Aircraft Engines, Rolls-Royce plc, Honeywell international inc., MTU Aero Engines AG, Aero Engine Corporation of China (AECC), Continental Aerospace Technologies, Textron inc., Williams International.

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Rising fuel prices and high maintenance cost of the aviation engine are the restraining factors of the global aircraft engine market.

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Srishti Verma

Business Consultant
Press Release

Aircraft Engine Market To Grow With 5.30% CAGR During Forecast Period

Jun, 2022

Growing technological advancement and investments drive the global aircraft engine market growth during the forecast period.