Aircraft Turbofan Engine Market Growth Analysis | Increase in the number of aircraft deliveries to drive growth
Trends, Drivers and Vendor Forecasts for 2022-2026
{{market_name.ucfirst}} is set to post an incremental growth of $ 629.51 mn during 2022-2026. The market will decelerate at a CAGR of 4.37% during the forecast period. Our analysts provide a detailed understanding of the key players as well as their product portfolios and upcoming pipelines. These insights will enable our clients to gauge potential growth opportunities and thus design their business strategy. Some of the major market participants are EuroJet Turbo GmbH, General Electric Co., Honeywell International Inc., Ivchenko-Progress SE, Liebherr-International AG, PowerJet Pressure Cleaning Systems, Raytheon Technologies Corp., Rolls-Royce Plc, Rostec State Corp., and Safran SA.
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Aircraft Turbofan Engine Market: Market Segments and Key Trends
The Aircraft turbofan engine market is segmented by Application (defense aviation and civil aviation) and Geography (North America, Europe, APAC, MEA, and South America). Europe led the market with 36% of the market growth set to originate from this region during the forecast period. Barriers to adoption of new technology and equipment is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Aircraft Turbofan Engine Market: Top Drivers to Boost Demand
The Increase in the number of aircraft deliveries is one of the primary factors driving the growth of the aircraft turbofan engine market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
Key Focus Areas in Our Reports:
- Market segments
- Comparison by Product
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- Scaling equipment - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- EuroJet Turbo GmbH
- General Electric Co.
- Honeywell International Inc.
- Ivchenko-Progress SE
- Liebherr-International AG
- PowerJet Pressure Cleaning Systems
- Raytheon Technologies Corp.
- Rolls-Royce Plc
- Rostec State Corp.
- Safran SA
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will decelerate at a CAGR of 4.37%.
- What is the incremental growth of the market?
The market is expected to grow by $ 629.51 mn through 2022-2026.
- What is a key factor driving this market?
Increase in the number of aircraft deliveries will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
36% growth will originate from Europe
- Who are the leading market vendors?
The leading vendors in this market are EuroJet Turbo GmbH, General Electric Co., Honeywell International Inc., Ivchenko-Progress SE, Liebherr-International AG, PowerJet Pressure Cleaning Systems, Raytheon Technologies Corp., Rolls-Royce Plc, Rostec State Corp., and Safran SA
- What are the market segments covered in this report?
The market is segmented by Application (defense aviation and civil aviation) and Geography (North America, Europe, APAC, MEA, and South America)
