The global aircraft engine market is soaring to new heights, expected to reach 161.5 billion USD by 2031.
The global aircraft engine market has achieved remarkable growth, with revenues reaching $84.95 billion in 2022. Forecasts indicate a robust annual compound growth rate (CAGR) of 7.4% during the projected period from 2023 to 2031, with the market expected to surpass $161.5 billion by 2031. Aircraft engines function as the heart of aviation, providing the necessary propulsion for aircraft to fly. Evolving from traditional reciprocating engines to advanced jet propulsion systems, aircraft engines play a crucial role in ensuring the safety, efficiency, and performance of modern aircraft. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global aircraft engine market is classified with a focus on Indian users, platforms, engine types, components, and regions. By Indian Users Civil Aviation Military Aviation By Platform Fixed Wing Rotary Wing By Engine Type Piston and Turboprop Engines Turbojet Engines Turboshaft Engines Turbofan Engines By Component Fan Compressor Combustor Turbine Mixer Nozzle Key Companies: CFM International Mitsubishi Heavy Industries Ltd Honeywell International Inc. Safran Textron Inc Raytheon Technologies General Electric Engine Alliance Rolls-Royce plc Lycoming Engines MTU Aero Engines AG Barnes Group Inc
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