Aircraft Engines Market

28 Feb

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Aircraft Engines Market Poised to Grow at a CAGR of 5.6% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Aircraft Engines Market. The report presents analysis of global as well as regional markets of aircraft engines market over the period of 2016 to 2024.

 

An aircraft engine is a component of the propulsion system that generates mechanical power. Aircraft engines produce emissions that are similar to other emissions resulting from fossil fuel combustion. A variety of aircraft engines is available for different end-use applications including passenger, cargo, military and aerospace applications.

 

Increasing number of aircraft passengers has led to Increase demand of Aircrafts and Increasing Demand for Fuel-Efficient Engines, which in turn is driving the growth the growth of the aircraft engines market. Additionally, Increase in demand for fuel-efficient engines and aircraft engines are projected to gain high importance in the military sector disputing drug trafficking and terrorism. This in turn is anticipated to fuel the growth of the aircraft engines market. However, factors such as high maintenance and manufacturing cost followed by lack of production facilities are likely to restrain the growth of the market during the forecast period.

 

Furthermore, aircraft aircraft with better fuel injection systems and low noise emissions because of long lasting technological developments in the field of engine design is projected to create several growth opportunities for the key players in the aircraft engines. On the other hand, Increase in Demand for Lightweight Aircraft Engines and continuous rising demand for said end-user applications, the aircraft market is anticipated to grow in proportion to the demand for aircraft. Moreover, to fulfill the demands the aircraft manufacturers are engaged to design and develop more sophisticated and efficient engines over the years to come.

 

Among the geographies, North America dominated the global aircraft engines market. However, japan is projected to be on the slower side of international aircraft engine market. Moreover, Asia Pacific is anticipated to drive on the buildout of inter-regional trade in India and China.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global aircraft engines market but also make strategic decisions to capture the most lucrative markets in the near future.

 

The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global aircraft engines market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1458

 

The recent report identified that North America dominated the global aircraft engines market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the aircraft engines market worldwide.

 

The report segments the global aircraft engines market on the basis of Engine Type, Platform and Application.

 

Global Aircraft Engines Market by Engine Type

·         Turbofan Engine

·         Turboprop Engine

·         Turboshaft Engine

·         Turbojet

 

Global Aircraft Engines Market by Platform

·          Fixed Wing

·         Rotary Wing

 

Global Aircraft Engines Market by Application

·         Commercial Aviation

·         Military Aviation

 

Companies Profiled in the Report

·         MTU Aero Engines AG

·         Textron, Inc.

·         Engine Alliance LLC

·         Honeywell International Inc.

·         Safran SA

·         International Aero Engines AG

·         United Technologies Corporation

·         Rolls-Royce Holdings PLC.

·         CFM International SA

·         General Electric Co.

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.