Industry Outlook

Aero-engine also referred to as aircraft engine, is a mechanical power generating propulsion system for an aircraft. Most of the aircrafts have use mechanical engine for propulsion except for some solar-powered & hybrid aircrafts. Aero-engine uses jet fuel also known as aviation fuel for power generation. Manufacturing of Aero-engine is growing due to factors like; rising demand for more fuel efficient engines, increase in R&D investment (owing to rise in fuel prices, strict emission norms, engines with better fuel injection, low noise emitting engines & need for more powerful engines), rising number of air passengers, rising technological advancement, etc. Therefore, the Aero-engine Market is anticipated to expand and has tremendous scope during the forecast period. The global Aero-engine Market anticipated to flourish in the future by growing at a significantly higher CAGR.

Market Segmentation

The global Aero-engine Market is based on segment, by Type the market is segmented into Piston Engine, Turboshaft Engine, Turboprop Engine and Turbofan Engine, and by Application the market is segmented into Military Aviation, General Aviation and Commercial Aviation.


Aero-engine Market, By Type

Piston Engine
Turboshaft Engine
Turboprop Engine
Turbofan Engine

Aero-engine Market, By Application

Military Aviation
General Aviation
Commercial Aviation


Regional Insights

On a global front, the Aero-engine Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).

Aero-engine Market, By Region




North America


U.S.
Canada
Mexico

Europe


Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific


China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America


Brazil
Argentina
Columbia
Rest of South America

Middle East and Africa


Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA


Competitive Analysis

The leading players in the market are United Technologies Corporation, Hindustan Aeronautics Limited, Rolls-Royce plc, IAE International Aero Engines AG, The Boeing Company, GE Aviation, Honeywell Aerospace, Pratt & Whitney, Safran, CFM International, Extron Inc., Engine Alliance and MTU Aero Engines. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.


United Technologies Corporation
Hindustan Aeronautics Limited
Rolls-Royce plc
IAE International Aero Engines AG
The Boeing Company
GE Aviation
Honeywell Aerospace
Pratt & Whitney
Safran
CFM International
Extron Inc.
Engine Alliance
MTU Aero Engines


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?