An aero-engine or aircraft engine is the component of the propulsion system for an aircraft that generates mechanical power. Aircraft engines are almost always either lightweight piston engines or gas turbines, except for small multi copter UAVs which are almost always electric aircraft.
Market Analysis and Insights: Global Aero-Engine Market
Due to the COVID-19 pandemic, the global Aero-Engine market size is estimated to be worth US$ 27370 million in 2021 and is forecast to a readjusted size of US$ 34490 million by 2028 with a CAGR of 3.3% during the forecast period 2022-2028.
The Aero-engine industry is highly concentrated, there are only some manufacturers in the world, and high-end products mainly come from North America and Europe. Market competition is relatively intense. GE, Pratt & Whitney, Rolls-Royce and Safran are the leaders of the industry, with about 97% market shares.
Global Aero-Engine Scope and Market Size
The global Aero-Engine market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Aero-Engine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Piston Engine
Gas Turbine Engine
Other Engine
Segment by Application
Commercial Aircrafts
Military Aircrafts
By Company
GE
Pratt & Whitney
Rolls-Royce
Safran
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Aero-Engine Market
Due to the COVID-19 pandemic, the global Aero-Engine market size is estimated to be worth US$ 27370 million in 2021 and is forecast to a readjusted size of US$ 34490 million by 2028 with a CAGR of 3.3% during the forecast period 2022-2028.
The Aero-engine industry is highly concentrated, there are only some manufacturers in the world, and high-end products mainly come from North America and Europe. Market competition is relatively intense. GE, Pratt & Whitney, Rolls-Royce and Safran are the leaders of the industry, with about 97% market shares.
Global Aero-Engine Scope and Market Size
The global Aero-Engine market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Aero-Engine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Piston Engine
Gas Turbine Engine
Other Engine
Segment by Application
Commercial Aircrafts
Military Aircrafts
By Company
GE
Pratt & Whitney
Rolls-Royce
Safran
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.