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 1. Home
 2. > Aerospace and Defense
 3. > Aerospace
 4. > Aviation
 5. > Aircraft Market Trends


AIRCRAFT ENGINES MARKET BY ENGINE TYPE, BY COMPONENT, BY END USE, BY PLATFORM :
GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST, 2021-2031

 * July 2022
 * 360 pages
 * ID: 6352003
 * Format: PDF
 * Allied Market Research



Summary

Table of Contents



Aircraft Engines Market By Engine Type (Piston and Turboprop Engine, Turbojet
Engine, Turboshaft Engine, Turbofan Engine), By Component (Fan, Compressor,
Combustor, Turbine, Mixer, Nozzle), By End Use (Commercial Aviation, Military
Aviation), By Platform (Fixed Wing, Rotary Wing): Global Opportunity Analysis
and Industry Forecast, 2021-2031

Aircraft engine refers to the component of an aircraft that offers thrust to an
aircraft during taxing or the course of flight. The major components of an
aircraft engine encompass fan, compressor, combustor, turbine, mixer, and
nozzle. Each component plays a crucial role in aircraft engine. The fan ensures
required air intake for an aircraft engine, followed by compressor, which
compresses the inlet air and rise the temperature & pressure. The jet fuel is
introduced in the combustion chamber along with the compressed air. The reaction
rotates the turbine that powers the aircraft. The reaction generated exhaust air
which is then followed to mixer where excessive air from nozzle is introduced to
reduce the pressure and temperature of exhaust air. The mixer ensures silent
operation of an aircraft engine while maintaining optimal temperature. The
nozzle finally releases the exhaust back to atmosphere.
Factors such as increase in passenger traffic across the globe, rise in
infrastructure investment, efforts by regional government to develop indigenous
manufacturing capacities, and extensive R&D efforts taken by global players to
improve operational efficiency of an aircraft engine and reduce overall carbon
footprint. The manufacturing and supply chain industry is expected to is
expected to play a major role in defining the market consolidation of aircraft
engine. With respect to current Russia and Ukraine war, major aircraft engine
manufacturers such as Boeing, General Electric, Rolls Royce, and CFM
international have withdrawn from the Russian market. These players are actively
looking for new raw material suppliers from Africa, Asia-Pacific, or North
America regions in effort to reduce their depends from Europe.
The aircraft engine market is segmented on the basis of engine type, component,
end use, and platform. By engine type, it is categorized into piston & turboprop
engine, turbojet engine, turboshaft engine, and turbofan engine. Depending upon
component, the market is fragmented into fan, compressor, combustor, turbine,
mixer, and nozzle. By end use, it is divided into commercial and military. The
platform segment is bifurcated into fixed wing and rotary wing. Region-wise, the
market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Companies have adopted product development and product launch as their key
development strategies in the Aircraft Engine industry. Moreover, collaborations
and acquisitions are expected to enable leading players to enhance their product
portfolios and expand into different regions. The key players that operate in
the Aircraft Engine market are General Electric, Rolls Royce, Safaran, Honeywell
International Inc, Textron, MTU Aero Engines, Raytheon Technologies, IHI
Corporation, MHI, and Lycoming Engines among others.

KEY BENEFITS FOR STAKEHOLDERS
-This study presents the analytical depiction of the global Aircraft Engine
market analysis along with the current trends and future estimations to depict
imminent investment pockets.
-The overall Aircraft Engine market opportunity is determined by understanding
profitable trends to gain a stronger foothold.
-The report presents information related to the key drivers, restraints, and
opportunities of the global Aircraft Engine market with a detailed impact
analysis.
-The current Aircraft Engine market is quantitatively analyzed from 2021 to 2031
to benchmark the financial competency.
-Porter’s five forces analysis illustrates the potency of the buyers and
suppliers in the industry.

Key Market Segments

By End Use
- Commercial Aviation
- Military Aviation

By Platform
- Fixed Wing
- Rotary Wing

By Engine Type
- Piston and Turboprop Engine
- Turbojet Engine
- Turboshaft Engine
- Turbofan Engine

By Component
- Fan
- Compressor
- Combustor
- Turbine
- Mixer
- Nozzle

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- CFM International
- Engine Alliance
- General Electric
- Honeywell International Inc.
- IHI Corporation
- Lycoming Engines
- MITSUBISHI HEAVY INDUSTRIES, LTD
- MTU Aero Engines AG
- Raytheon Technologies Corporation
- Rolls-Royce plc
- Safran
- Textron Inc
- Barnes Group Inc
- Euravia Engineering & Supply Co. Ltd.


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