Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Aircraft
Engine Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Aircraft Engine Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Aircraft Engine Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Aircraft Engine Market is offered. In accordance with the
report, the global Aircraft Engine Market is projected to expand at a CAGR of
4.68% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Aircraft
Engine is considered as the main source to lift and propel the aircraft in the
air. Aircraft Engine market has witnessed an immense growth in recent years due
to a rising growth of Aviation industry. Manufactures are rapidly engaging
themselves in developing more advanced, powerful, fuel-efficient and economical
engines for aircrafts. Also, key players in the global Aircraft Engine Market
are strategizing their position in this industry in various ways like
developing new age products, increasing investments in Research &
Development, and entering into collaborations.
There
has been a rapid increase in business related activities and leisure travel,
due to which a greater number of people are required to travel by air, thereby
booming the growth of this market further.
Global Aircraft Engine Market is anticipated to grow considerably owing
to rapid demand for fuel efficient engines. This market also caters to military
sector to fight terrorism, drug trafficking and others which is also expected
to drive the demand of the global aircraft engine market to a higher level.
Engines
are cost intensive products, which can pose a challenge on manufacturers in
terms of high cost involved in producing aircraft engines. High manufacturing
and maintenance cost and low production facilities restrain the growth of this
market during the forecast period. Also, the cost of investment is higher due
to highly skilled professionals required to manufacture and maintain aircraft
engines which acts as an obstruction to the growth of global Aircraft Engine
market
North
America holds the maximum share in the global Aircraft Engines Market followed
by Asia-Pacific. The Indian & Chinese government are constantly increasing
their spending on defense and there have been an exorbitant rise in demand for
business jets in these countries.
Segment Covered:
This market
intelligence report on the global Aircraft Engine Market encompasses market
segments based on engine type, technology, component, end users, sales channel,
wing position and country/region.
In terms of engine type, the global Aircraft
Engine Market is segregated
into:
§ Turboprop
§ Turboshaft
§ Turbofan
§ Piston Engine
In terms of technology, the global Aircraft
Engine Market is segregated
into:
§ Conventional Engine
§ Electric / Hybrid Engine
ü Commercial Aircraft
ü Military Aircraft
§ Others
By component, the global Aircraft Engine Market is also classified into:
§ Compressors
§ Turbine
ü Turbine blades
§ Gearbox
§ Exhaust Nozzle
§ Fuel System
§ Others
By end users, the global Aircraft Engine Market is also classified into:
§ Commercial
ü Narrow Body Aircraft
ü Wide Body Aircraft
ü Very large Aircraft
ü Regional Transport Aircraft
§ Military
ü Fighter Jets
ü Transport Aircraft
ü Military Helicopters
§ Aviation
ü Commercial Aircrafts
ü Turboprop Aircraft
ü Piston Engine Aircraft
ü Private & Business Jets
ü Private & Business Helicopters
By sales channel, the global Aircraft Engine Market has been divided into:
§ Line Fit
§ Retro Fit
By wing position, the global Aircraft Engine Market has been divided into:
§ Fixed Wing
§ Rotary Wing
By country/region, the global Aircraft Engine Market has been divided into:
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ CFM International
§ General Electric Co
§ Honeywell International
§ International Aero Engines AG
§ MTU Aero Engines AG
§ Rolls – Royce Holding PLC
§ Safran SA
§ Textron Inc.
§ Pratt & Whitney (United Technologies Corporation)
§ Snecma SA
§ Hindustan Aeronautics Limited
§ JSC “Klimov”
§ The Boeing Company
§ Continental Motor Group
§ Motor Sich JSC
§ Barnes Group
§ Aero Engine Corporation of China and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Aircraft Engine related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2019-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Aircraft Engine Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account
2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Aircraft Engine
Market is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as CFM International SA,
General Electric Co., Honeywell International Inc., International Aero Engines
AG, MTU Aero Engines AG, Rolls-Royce Holding PLC, Safran SA, Textron INC.,
Pratt & Whitney (United Technologies Corporation), Snecma, Hindustan
Aeronautics Limited, JSC “Klimov”, The Boeing Company, Continental Motor Group,
Motor Sich JSC, Barnes Group, Aero Engine Corporation of China among others.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Aircraft Engine
Market caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Aircraft Engine Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Aircraft Engine Market
v
Identification
of key factors driving investment opportunities in the Aircraft Engine Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants