Aero-engine Market is expected to grow at a CAGR of roughly 5.9% By 2023

 

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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.

Scope of the Report:

This report focuses on the Aero-engine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
With the development of technology, the global average price of Aero-engine is in the decreasing trend, from 3.07 M M USD/Unit in 2011 to 2.91 M M USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.

Aero-engine is widely used in Commercial Aircrafts, Military Aircrafts. The most proportion of Aero-engine is Commercial Aircrafts, with 72% market share in 2015.

the worldwide market for aero-engine is expected to grow at a cagr of roughly 5.9% over the next five years, will reach 37700 million us$ in 2023, from 26700 million us$ in 2017, according to our study.

Market Segment by Manufacturers, this report covers

GE
Pratt & Whitney
Rolls-Royce
Safran
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Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers

Piston Engine
Gas Turbine Engine
Other Engine

Market Segment by Applications, can be divided into
Commercial Aircrafts
Military Aircrafts
Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Aero-engine Market, Aero-engine Market Analysis, Aero-engine Market Growth

 

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