Surging demand for low-cost and fuel-efficient aircraft and rising usage of 3D printed aircraft engine parts are anticipated to accelerate revenue growth of the market during the forecast period. Several engine manufacturers are presently emphasizing on production of lightweight engines as to decrease the total weight of aircraft and improve the fuel economy. The rising regional unrest, border area conflicts and terror activities in several countries are leading to a surge in demand for military aircraft, which is projected to fuel aircraft engine market growth during the forecast period. Moreover, most of the high disposable income population now considers air travel as an affordable option, propelling airlines to expand their fleet size to meet this demand. This aspect is also one of the key drivers of growth in the aircraft engine market.

The global Aircraft Engines market is segregated on the basis of Type as Turboprop, Turbofan, Turboshaft and Piston Engine. Based on Wing Position the global Aircraft Engines market is segmented in Fixed Wing and Rotary Wing. Based on End Use the global Aircraft Engines market is segmented in Commercial Aviation, Military Aviation and Others.

The global Aircraft Engines market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Aircraft Engines market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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Competitive Rivalry

General Electric Company, Rolls Royce, Honeywell International, United Technologies Corporation, Safran, International Aero Engines, MTU Aero Engines, Textron, Hindustan Aeronautics, Klimov, and others are among the major players in the global Aircraft Engines market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Aircraft Engines Market has been segmented as below:

Aircraft Engines Market, By Type

• Turboprop
• Turbofan
• Turboshaft
• Piston Engine

Aircraft Engines Market, By Wing Position

• Fixed Wing
• Rotary Wing

Aircraft Engines Market, By End Use

• Commercial Aviation
• Military Aviation
• Others

Aircraft Engines Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Aircraft Engines Market, By Company

• General Electric Company
• Rolls Royce
• Honeywell International
• United Technologies Corporation
• Safran
• International Aero Engines
• MTU Aero Engines
• Textron
• Hindustan Aeronautics
• Klimov
• Continental Motors Group
• United Engine
• Motor Sich
• AVIC Aircraft
• Aero Engine Corporation of China

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The report covers:

• Global Aircraft Engines market sizes from 2021 to 2027, along with CAGR for 2021-2027
• Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
• Global Aircraft Engines market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Aircraft Engines market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

Report Scope:

The global Aircraft Engines market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Aircraft Engines market share. Major industry players with significant revenue share include General Electric Company, Rolls Royce, Honeywell International, United Technologies Corporation, Safran, International Aero Engines, MTU Aero Engines, Textron, Hindustan Aeronautics, Klimov, and others.

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