The Global Aircraft Engines Market has been witnessing significant tailwinds with the commercial aircraft market in its second golden age marked by record & burgeoning order backlogs for new aircraft programs across most industry OEMs while the market scenario for the military aviation segment, too, seems to be improving and bound to witness growth with improving defense budgetary scenario across most key global markets. The growth in commercial aviation segment is being driven, primarily, by a combination of favorable market dynamics & factors along-with evolution of next generation propulsion technologies with decades of research on propulsion systems & material sciences culminating into cutting edge engine technologies across leading industry players as highlighted by the battle for engine technology supremacy being fought amongst Pratt & Whitney’s GTF and CFM’s LEAP engine technologies. Military aviation, too, is likely to witness growth over medium term driven by a slight to moderate projected increase in global defense spending with focus likely to increase significantly on Combat Jets, UAVs & Military Helicopters with growing security threat from Terrorism, Extremism & Instability and resurgence of conventional state based threats while technological evolution promises next generation capabilities with a significant reduction in operating costs.
The near to medium term outlook for engine manufacturers, thus, is bright & shiny spearheaded by the commercial aviation sector which is poised for steady growth through the mid-2030s. All leading Engine Manufacturers is clearly on streamlining & preparing their industrial base for the rapid production ramp up required for meeting delivery schedules with significant capital expenditure underway towards infrastructure & facilities. Additionally, the players have also been focusing on expanding their existing engine portfolio with the introduction of new engine models & variants for specific segments & applications. R&D activity, too, continues unabated across players for further optimization, refinement & fine-tuning of their existing engine programs & propulsion technologies as they vie for a larger market share by strengthening presence across specific market segments with portfolio expansion & updates or by making a foray into entirely new, untapped market segments.
Against this backdrop, the report analyzes the evolving global market scenario for aircraft engines through 2020 with focus on analysis of latest market developments and key market & technology trends which are likely to shape the industry’s future. Analysis covers emerging technologies being developed by the industry players. This is followed by the identification & analysis of potential growth opportunities & avenues which could be capitalized upon by key industry OEMs as well as the value chain. The report concludes by analyzing likely market evolution over medium term and projecting demand outlook for aircraft engines over medium term.
Relevance & Usefulness: The report will be useful for
- - Strategic Planning, Assessment & Decision-Making Processes
- - Identification of & Insights into Potential Growth Opportunities & Avenues
- - Inputs on Market Evolution & Demand Projection over Medium Term
- - Analysis of Emerging Market & Technology Trends
- - Contingency planning for current Strategies & Programs
- - Identifying & highlighting areas for making potential Strategic Changes, Adjustments & Realignment
- - Analysis of Forces Driving as well as restraining the Industry & their overall Dynamics
For Whom: Key Decision-Makers across Industry Value Chain
The report will be essential for those having strategic interest in the Global Aircraft Engine Market and/or the Global Aerospace & Defense Industry. The report will be especially useful for Key Decision-Makers, Program Managers, Procurement Managers, Military Procurement Managers, Defense Contracting Executives & Departments, Airlines, Top Management of Industry Players & Other Companies, Industry OEMs, Suppliers, Vendors, MRO Services Providers, Helicopter & Business Jet Operators, Technology & Other Services Solutions Providers, Flight Simulator Manufacturers and other Key Players in the Industry Value Chain. The report will also be useful for existing & potential Investors, Industry & Company Analysts, M&A Advisory Firms, Strategy & Management Consulting Firms, PE Firms, Venture Capitalists, Financing & Leasing Companies, Researchers and all those associated with the industry or any of these companies.
Features, Benefits & Reasons to Procure:-
- -Provides Macro View and Big Picture Quickly
- -Blend of Quantitative & Qualitative Analysis
- -Significant Time Savings
- -Visual Representation enables Easy Comprehension
- -Meetings & Presentation Ready Format
- -Superior & Enriched User Experience with Incorporation of Relevant Images