[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Aircraft Engine Market Size, Share & Trends Analysis Report By Engine (Turboprop, Turbofan, Turboshaft, Piston Engine), By Aircraft (Commercial, Military, Business & General Aviation), By Point Of Sale (OEM, Aftermarket), By Region, And Segment Forecasts, 2024 - 2030

July 2024 | 150 pages | ID: AF0BFD51F6DDEN
Grand View Research, Inc.

US$ 4,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 7 Business Days

Aircraft Engine Market Size & Trends

The global aircraft engine market size was estimated at USD 56.28 billion in 2023 and is projected t%li%grow at a CAGR of 9.81% from 2024 t%li%2030. There is an increasing demand for fuel-efficient, environmentally friendly engines. As airlines strive t%li%reduce operational costs and meet stringent emissions regulations, there is a growing preference for engines that offer better fuel efficiency and lower carbon emissions per flight hour. Additionally, advancements in technology, such as efficient turbine designs and lightweight materials, are pushing innovation in the industry. The growth of the market is further boosted by an increase in air travel demand globally, necessitating more reliable and powerful engines t%li%support the expanding fleet of commercial and military aircraft.

Engine manufacturers are at the forefront of developing cutting-edge technologies such as high-bypass rati%li%turbofans and geared turbofans. These innovations not only enhance fuel efficiency, reduce noise levels, and lower emissions t%li%meet stringent environmental regulations set by organizations like the International Civil Aviation Organization (ICAO), but als%li%drive airlines t%li%adopt more sustainable technologies. Consequently, manufacturers are introducing eco-friendly engine designs that promise reduced operating costs throughout their lifespan.

Advancements in materials science and digital technologies further improve engine performance and maintenance, with predictive maintenance and data analytics playing pivotal roles in monitoring engine health, minimizing downtime, and enhancing reliability. This dynamic landscape is marked by fierce competition among industry leaders such as Rolls-Royce, GE Aviation, Pratt & Whitney, and Safran Aircraft Engines, wh%li%continuously invest in research and development t%li%stay ahead and meet evolving customer demands. Additionally, strategic partnerships and international collaborations are increasingly common, facilitating shared expertise, cost reduction, and market access, particularly in rapidly growing aviation markets worldwide.

Governments globally are als%li%investing significantly in next-generation military aircraft equipped with advanced engines. These engines are designed t%li%enhance operational capabilities with improved thrust-to-weight ratios, adaptability t%li%diverse mission profiles, and reduced lifecycle costs. Heightened security threats worldwide are driving increased defense expenditures, particularly in aircraft and associated technologies. Turbofan and turboshaft engines are crucial components for military helicopters, transport aircraft, and fighter jets, supporting a wide range of operational requirements. Military engine manufacturers are focusing on developing engines with higher thrust, increased fuel efficiency, and enhanced durability. Future-focused innovations like variable cycle engines and adaptive propulsion systems are being actively pursued t%li%meet the evolving needs of military applications.

Global Aircraft Engine Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 t%li%2030. For this study, Grand View Research has segmented the global aircraft engine market report based on engine, aircraft, point of sale, and region:
  • Engine Outlook (Revenue, USD Billion, 2018 - 2030)
  • Turboprop
  • Turbofan
  • Turboshaft
  • Piston Engine
  • Aircraft Outlook (Revenue, USD Billion, 2018 - 2030)
  • Commercial Aircraft
  • Military Aircraft
  • Business and General Aviation Aircraft
  • Point of Sale Outlook (Revenue, USD Billion, 2018 - 2030)
  • OEM
  • Aftermarket
  • Regional Outlook (Revenue, USD Billion, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Middle East and Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
  1.3.1. Information analysis
  1.3.2. Market formulation & data visualization
  1.3.3. Data validation & publishing
1.4. 1.4 Research Scope and Assumptions
  1.4.1. List of Data Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Aircraft Engine Market Snapshot
2.2. Aircraft Engine Market - Segment Snapshot (1/2)
2.3. Aircraft Engine Market - Segment Snapshot (2/2)
2.4. Aircraft Engine Market - Competitive Landscape Snapshot

CHAPTER 3. AIRCRAFT ENGINE PLATFORM MARKET - INDUSTRY OUTLOOK

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraint Analysis
  3.3.3. Industry Challenges
  3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
  3.4.1. Porter’s analysis
  3.4.2. Macroeconomic analysis
3.5. Aircraft Engine Market - Technology Trends

CHAPTER 4. AIRCRAFT ENGINE MARKET: ENGINE ESTIMATES & TREND ANALYSIS

4.1. Engine Movement Analysis & Market Share, 2023 & 2030
4.2. Aircraft Engine Market Estimates & Forecast, By Engine (USD Billion)
  4.2.1. Turboprop
  4.2.2. Turbofan
  4.2.3. Turboshaft
  4.2.4. Piston Engine

CHAPTER 5. AIRCRAFT ENGINE MARKET: AIRCRAFT ESTIMATES & TREND ANALYSIS

5.1. Aircraft Movement Analysis & Market Share, 2023 & 2030
5.2. Aircraft Engine Market Estimates & Forecast, By Aircraft (USD Billion)
  5.2.1. Commercial Aircraft
  5.2.2. Military Aircraft
  5.2.3. Business and General Aviation Aircraft

CHAPTER 6. AIRCRAFT ENGINE MARKET: POINT OF SALE ESTIMATES & TREND ANALYSIS

6.1. Point of Sale Movement Analysis & Market Share, 2023 & 2030
6.2. Aircraft Engine Market Estimates & Forecast, By Point of Sale (USD Billion)
  6.2.1. OEM
  6.2.2. Aftermarket

CHAPTER 7. REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Aircraft Engine Market by Region, 2023 & 2030
7.2. North America
  7.2.1. North America Aircraft Engine Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
  7.2.2. U.S.
  7.2.3. Canada
  7.2.4. Mexico
7.3. Europe
  7.3.1. Europe Aircraft Engine Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
  7.3.2. U.K.
  7.3.3. Germany
  7.3.4. France
7.4. Asia Pacific
  7.4.1. Asia Pacific Aircraft Engine Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
  7.4.2. China
  7.4.3. Japan
  7.4.4. India
  7.4.5. South Korea
  7.4.6. Australia
7.5. Latin America
  7.5.1. Latin America Aircraft Engine Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
  7.5.2. Brazil
7.6. Middle East & Africa (MEA)
  7.6.1. MEA Aircraft Engine Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
  7.6.2. UAE
  7.6.3. Saudi Arabia
  7.6.4. South Africa

CHAPTER 8. AIRCRAFT ENGINE MARKET - COMPETITIVE LANDSCAPE

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Positioning Analysis
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
  8.8.1. Expansion/Divestiture
  8.8.2. Collaborations/Partnerships
  8.8.3. New Product Launches
  8.8.4. Research and Development
  8.8.5. Contract
8.9. Company Profiles
  8.9.1. Safran Group
    8.9.1.1. Participant’s Overview
    8.9.1.2. Financial Performance
    8.9.1.3. Product Benchmarking
    8.9.1.4. Recent Developments
  8.9.2. Pratt & Whitney
    8.9.2.1. Participant’s Overview
    8.9.2.2. Financial Performance
    8.9.2.3. Product Benchmarking
    8.9.2.4. Recent Developments
  8.9.3. IAE International Aero Engines AG
    8.9.3.1. Participant’s Overview
    8.9.3.2. Financial Performance
    8.9.3.3. Product Benchmarking
    8.9.3.4. Recent Developments
  8.9.4. MTU Aero Engines AG
    8.9.4.1. Participant’s Overview
    8.9.4.2. Financial Performance
    8.9.4.3. Product Benchmarking
    8.9.4.4. Recent Developments
  8.9.5. CFM International
    8.9.5.1. Participant’s Overview
    8.9.5.2. Financial Performance
    8.9.5.3. Product Benchmarking
    8.9.5.4. Recent Developments
  8.9.6. General Electric Company
    8.9.6.1. Participant’s Overview
    8.9.6.2. Financial Performance
    8.9.6.3. Product Benchmarking
    8.9.6.4. Recent Developments
  8.9.7. ITP Aero
    8.9.7.1. Participant’s Overview
    8.9.7.2. Financial Performance
    8.9.7.3. Product Benchmarking
    8.9.7.4. Recent Developments
  8.9.8. New Hampshire Ball Bearing Inc. (MinebeaMitsumi Aerospace)
    8.9.8.1. Participant’s Overview
    8.9.8.2. Financial Performance
    8.9.8.3. Product Benchmarking
    8.9.8.4. Recent Developments
  8.9.9. Enjet Aero
    8.9.9.1. Participant’s Overview
    8.9.9.2. Financial Performance
    8.9.9.3. Product Benchmarking
    8.9.9.4. Recent Developments
  8.9.10. Rolls - Royce Holdings plc
    8.9.10.1. Participant’s Overview
    8.9.10.2. Financial Performance
    8.9.10.3. Product Benchmarking
    8.9.10.4. Recent Developments
  8.9.11. Engine Alliance
    8.9.11.1. Participant’s Overview
    8.9.11.2. Financial Performance
    8.9.11.3. Product Benchmarking
    8.9.11.4. Recent Developments
  8.9.12. Advanced Atomization Technologies Inc.
    8.9.12.1. Participant’s Overview
    8.9.12.2. Financial Performance
    8.9.12.3. Product Benchmarking
    8.9.12.4. Recent Developments
LIST OF TABLES


Table 1 Aircraft Engine Market - Key Market Driver Impact
Table 2 Aircraft Engine Market - Key Market Restraint Impact
Table 3 Aircraft Engine Market - Key Market Opportunities Impact
Table 4 Aircraft Engine Market - Key Market Challenges Impact
Table 5 Aircraft Engine Market Revenue Estimates and Forecast, by Engine, 2018 - 2030 (USD Billion)
Table 6 Aircraft Engine Market Revenue Estimates and Forecast, by Aircraft, 2018 - 2030 (USD Billion)
Table 7 Aircraft Engine Market Revenue Estimates and Forecast, by Point of Sale, 2018 - 2030 (USD Billion)
Table 8 Recent Development & Impact Analysis by Key Market Participants
Table 9 Company Heat Map Analysis
Table 10 Key Companies Launching New Products
Table 11 Key Companies Pursuing Expansions
Table 12 Key Companies Pursuing Mergers & Acquisitions
Table 13 Key Companies Striking Collaborations
LIST OF FIGURES


Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Market research approaches
Fig. 4 Market formulation & validation
Fig. 5 Automotive Operating System Market snapshot
Fig. 6 Automotive Operating System Market segment snapshot
Fig. 7 Automotive Operating System Market Competitive Landscape Snapshot
Fig. 8 Market research process
Fig. 9 Market driver relevance analysis (Current & future impact)
Fig. 10 Market restraint relevance analysis (Current & future impact)
Fig. 11 Automotive Operating System Market, Type outlook key takeaways (USD Million)
Fig. 12 Automotive Operating System Market: Type movement analysis 2023 & 2030 (USD Million)
Fig. 13 Android Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 14 Linux Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 15 QNX Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 16 Windows Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 17 Others Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 18 Automotive Operating System Market: Vehicle Type movement analysis 2023 & 2030 (USD Million)
Fig. 19 Passenger Cars Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Commercial Vehicles Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Automotive Operating System Market: Application Outlook Key Takeaways (USD Million)
Fig. 22 Automotive Operating System Market: Application movement analysis 2023 & 2030 (USD Million)
Fig. 23 Infotainment System Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 ADAS & Safety System Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Connected Services Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 26 Body Control & Comfort System Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 27 Engine Management & Powertrain Control Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Communication & Telematics Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Others Automotive Operating System Market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 30 Regional marketplace: Key takeaways
Fig. 31 Automotive Operating System Market: Regional outlook, 2023 & 2030 (USD Million)
Fig. 32 North America Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 U.S. Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 Canada Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Europe Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 UK Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Germany Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 France Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 Asia Pacific Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Japan Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 China Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 India Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 South Korea Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Australia Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 Latin America Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Brazil Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Mexico Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 MEA Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 South Africa Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Saudi Arabia Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 UAE Automotive Operating System Market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 Company Categorization
Fig. 53 Company Market Positioning
Fig. 54 Strategy framework


More Publications