Aircraft Engines Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027

The aircraft engine market was valued at $42.43 billion in 2020 and is projected to reach around $75 billion by 2026, registering a CAGR of over 7% during the forecast period (2021-2027).

The aircraft engine market has been significantly impacted by the COVID-19 pandemic due to a slowdown in the aviation industry and supply chain problems (stop manufacturing parts and materials), resulting in overall decline in overall aircraft engine deliveries. This caused engine OEMs to witness huge losses and implement new cost-saving strategies.

Aircraft Engines Market – Segmentation

By Type

• Turboprop
• Turbofan
• Turboshaft
• Piston Engine

By Wing Position

• Fixed Wing
• Rotary Wing

By End-user

• Commercial Aviation
• Military Aviation
• Others

Major Players

• General Electric Company
• Rolls-Royce Motor Cars Limited
• Honeywell International Inc.
• United Technologies Corporation
• Pratt & Whitney Division
• Snecma S.A
• Hindustan Aeronautics Limited
• JSC “Klimov”-United engine corporation
• Safran
• The Boeing Company

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Aircraft Engines Market Report

• What was the Aircraft Engines Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Aircraft Engines Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Aircraft Engines Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.