Aircraft Engine Market: Global Industry Analysis and Forecast (2021-2027) Size, Share, Growth, Trend

  • The Aircraft Engine Market size was valued at US$ 70.21 Bn. in 2020. The global Aircraft Engine Market is estimated to grow at a CAGR of 8.7% over the forecast period.

  • Format : PDF | Report ID : SMR_444

Aircraft Engine Market Overview:

The principal power sources in the aviation propulsion system are aircraft engines, which create mechanical power and lift by drawing air through an inlet, compressing it, mixing it with fuel, and combusting it. The hot, fast-moving gas expelled by the exhaust propels the rocket. Manufacturers are constantly making technological breakthroughs in order to increase fuel efficiency and performance in response to rising demand and growing environmental concerns.

 

Aircraft Engine Market Dynamics:

Growing Operations in Commercial Aircraft Industry:

 

The passenger aircraft business and the cargo aircraft industry are the two major segments of the commercial aviation industry. Both businesses have seen a fast increase in operations in recent years, which has boosted the commercial aviation industry. The aircraft engine market has experienced a growth as air traffic has increased, but the unforeseen phenomena of Covid-19 have brought the sector to a halt, as demand for aeroplanes as a global form of transportation has decreased globally.

 

Industries and important actors are working to provide safer and more reliable modes of transportation. As a result, the commercial aviation industry has seen a tremendous rise. According to Boeing's commercial market projection 2020-2039, airline traffic is predicted to expand by more than 4%, with the Asia Pacific area seeing the most growth. They also expect to deliver 43,110 new commercial airlines across seven areas, with the Asia Pacific region receiving the greatest number of commercial airline deliveries. This will assist the sector to grow in the future, as well as the aircraft engine market, which is expected to grow throughout the anticipated time.

 

Growing Autonomous Ariel Vehicles Industry:

 

Many parts of Europe and North America have seen an increase in the use of autonomous or unmanned aerial vehicles in recent years. Many major industry players, like Rolls-Royce PLC, Honeywell International, and Safran, have been carefully evaluating the capabilities of drones for commercial and military applications in order to make them a safe and efficient ariel vehicle alternative. With the rise in testing operations and the potential demand for these aircraft for higher operational efficiency, Aircraft engine market is expected grow during the forecast period as inceasing demand from unmanned aerial vehicles.

 

Safran has been researching drone-related technology for some time. Most recently, the business produced an electrical and powerful approach for the drone start-up XSun, where they fueled the drone using solar sensors after receiving a contract for the pre-series drone SX1.2.

 

Growing demand for Advanced Aircraft Engine:

 

The growing demand for low-cost and fuel-efficient aircraft, along with the increased use of 3D-printed aircraft engine parts, are expected to drive revenue growth in the aircraft engine market. Various engine manufacturers are actively concentrating on the development of lightweight engines in order to reduce aircraft total weight and improve fuel efficiency. GE Aviation has developed a cutting-edge turboprop engine, the world's first commercial aircraft engine with a large percentage of 3D printed parts. 855 distinct components were reduced to 12 by the engine designers. This is done to reduce engine weight, which means less gasoline is used to accomplish the same speed.

 

However, As a result of rising fuel prices, stricter pollution rules, and the need for better engines, aviation engine makers are rethinking old models, which is expected to hamper the aircraft engine market growth during the forecast period.

 

Aircraft Engine Market

 

Key Developments in the Aircraft Engines Market:

 

  • December 2021- The new fuel-efficient engine for the Airbus A320 neo family of aeroplanes has been introduced by Pratt & Whitney.

 

  • December 2021- Phase 1 testing of GE Aviation's second XA100 adaptive cycle engine for the US Air Force was completed satisfactorily.

 

  • November 2021- The Trent 700 engine from Rolls-Royce will power two Multi-Role Tanker Transport (MRTT) planes for the United Arab Emirates (UAE).

 

  • November 2021- The US Military has granted GE Aviation two contracts to support T700 engine fleets.     

 

  • November 2021- The new PW127XT Engine for ATR 42/72 aircraft has been launched by Pratt & Whitney and will provide the next level of efficiency, time-on-wing, and service.                                  

           

Aircraft Engine Market Segment Analysis:

By Type, the Aircraft Engine Market is segmented into Turboprop, Turbofan, Turboshaft, and Piston Engine. The Turbofan Type Aircraft Engine segment dominated the market with a 36% share in 2020. A turbofan engine, also known as a fanjet or bypass engine, is a type of jet engine that generates thrust by combining jet core efflux with bypass air that has been accelerated by a ducted fan driven by the jet core. A turbofan engine that gets most of its thrust from its fan is referred to as a low bypass engine, whereas one that gets most of its thrust from its jet engine core efflux is referred to as a high bypass engine. Turbofan engines are far more capable of flying at a higher altitude than other engines, and they also produce less noise than other engines. Because of their smaller weight, they are the best engine for long-distance flights. As a result, the demand for the product is expected to grow significantly through the forecast period.

 

Aircraft Engine Market 1

 

By Technology, the Aircraft Engine Market is segmented into Conventional and Hybrid. The Conventional technology segment held the largest market share with 71% in 2020. An aero-engine is another name for a Conventional aircraft. It is the primary source of power for the aircraft's propulsion system. The vast majority of aircraft engines are either piston or gas turbine engines. Turboprop aircraft engines, turbofan aircraft engines, turboshaft aircraft engines, and piston aircraft engines are some of the most common types of aircraft engines.

 

Aircraft Engine Market Regional Insights:

The North American region dominated the market with a 37.4% share in 2020. The region’s growth is attributed to the rapid growth of technologically superior aircraft engines in the region. The booming aerospace and defence aviation business in North America is encouraging aircraft engine manufacturers to provide technologically innovative and efficient products across a variety of aircraft types. The aircraft engine market in North America is expected to be driven by rising demand for aircraft engines and the presence of some of the market's major competitors, including General Electric Company, Honeywell International Inc., Collins Aerospace, and Textron Inc. These companies are working on R&D to expand their product lines and are creating aircraft engines with technologically improved systems, subsystems, and other components.

 

The objective of the report is to present a comprehensive analysis of the Global Aircraft Engine Market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Aircraft Engine Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Aircraft Engine Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Aircraft Engine Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Aircraft Engine Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Aircraft Engine Market.

 

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The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Aircraft Engine Market. The report also analyses if the Global Aircraft Engine Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Aircraft Engine Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Aircraft Engine Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Aircraft Engine Market is aided by legal factors.

 

Aircraft Engine Market Scope:

 

Aircraft Engine Market

Market Segmentation

Market Indicators:

Details

by Technology

  • Conventional
  • Hybrid

Historical Data:

2016-2019

Forecast Period:

2021-2027

by Type

  • Turboprop
  • Turbofan
  • Turboshaft
  • Piston Engine

by Platform

  • Unmanned Ariel
  • Fixed Wing
  • Rotary Wing

by Application

  • Commercial
  • Military
  • General Aviation

Base Year:

2020

 

 

by Region

  • North America
  • Europe
  • Asia Pacific
  • The Middle East and Africa
  • South America

CAGR:

8.7%

Market Size in 2020:

US$ 70.21 Bn.

The market size in 2027:

US$ 125.89 Bn.

 

Aircraft Engine Market Key Players:  

  • Safran SA (France)
  • General Electric Company (US)
  • Rolls Royce (UK)
  • Honeywell International Inc (US)
  • MTU Aero Engine (Germany)
  • IAE International Aero Engines AG (US)
  • Textron Inc. (US)
  • United Technologies Corporation (US)
  • Raytheon Technologies Corporation (US)
  • Extron Inc. (US)
  • Boeing (US)
  • Hindustan Aeronautics Limited (India)


Frequently Asked Questions

The segments covered in the Aircraft Engine Market report are based on Technology, Type, Platform, and Application.

Chapter 1 Scope of the Report
Chapter 2 Research Methodology

      2.1. Research Process
      2.2. Global Aircraft Engine Market: Target Audience
      2.3. Global Aircraft Engine Market: Primary Research (As per Client Requirement)
      2.4. Global Aircraft Engine Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape

      4.1. Market Share Analysis, By Value, 2021-2027
            4.1.1.    Market Share Analysis, By Region, By Value, 2021-2027 (In %)
                  4.1.1.1. North America Market Share Analysis, By Value, 2021-2027 (In %)
                  4.1.1.2. Europe Market Share Analysis, By Value, 2021-2027 (In %)
                  4.1.1.3. Asia Pacific Market Share Analysis, By Value, 2021-2027 (In %)
                  4.1.1.4. South America Market Share Analysis, By Value, 2021-2027 (In %)
                  4.1.1.5. Middle East and Africa Market Share Analysis, By Value, 2021-2027 (In %)
            4.1.2.   Market Share Analysis, By Type, By Value, 2021-2027 (In %) 
                  4.1.2.1. North America Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.1.1. USA Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.1.2. Canada Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.1.3. Mexico Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                  4.1.2.2. Europe Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.1. UK Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.2. France Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.3. Germany Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.4. Italy Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.5. Spain Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.6. Sweden Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.7. Austria Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.2.8. Rest of Europe Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                  4.1.2.3. Asia Pacific Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.1. China Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.2. India Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.3. Japan Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.4. South Korea Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.5. Australia Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.6. ASEAN Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.3.7. Rest of APAC Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                  4.1.2.4. South America Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.4.1. Brazil Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.4.2. Argentina Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.4.3. Rest of South America Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                  4.1.2.5. Middle East and Africa Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.5.1. South Africa Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.5.2. GCC Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.5.3. Egypt Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.5.4. Nigeria Market Share Analysis, By Type, By Value, 2021-2027 (In %)
                              4.1.2.5.5. Rest of Middle East and Africa Market Share Analysis, By Type, By Value, 2021-2027 (In %)
            4.1.3.    Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                  4.1.3.1. North America Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.1.1. USA Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.1.2. Canada Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.1.3. Mexico Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                  4.1.3.2. Europe Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.1. UK Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.2. France Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.3. Germany Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.4. Italy Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.5. Spain Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.6. Sweden Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.7. Austria Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.2.8. Rest of Europe Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                  4.1.3.3. Asia Pacific Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.1. China Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.2. India Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.3. Japan Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.4. South Korea Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.5. Australia Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.6. ASEAN Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.3.7. Rest of APAC Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                  4.1.3.4. South America Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.4.1. Brazil Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.4.2. Argentina Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.4.3. Rest of South America Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                  4.1.3.5. Middle East and Africa Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.5.1. South Africa Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.5.2. GCC Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.5.3. Egypt Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.5.4. Nigeria Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
                              4.1.3.5.5. Rest of Middle East and Africa Market Share Analysis, By Technology, By Value, 2021-2027 (In %)
            4.1.4.    Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                  4.1.4.1. North America Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.1.1. USA Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.1.2. Canada Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.1.3. Mexico Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                  4.1.4.2. Europe Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.1. UK Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.2. France Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.3. Germany Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.4. Italy Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.5. Spain Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.6. Sweden Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.7. Austria Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.2.8. Rest of Europe Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                  4.1.4.3. Asia Pacific Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.1. China Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.2. India Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.3. Japan Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.4. South Korea Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.5. Australia Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.6. ASEAN Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.3.7. Rest of APAC Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                  4.1.4.4. South America Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.4.1. Brazil Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.4.2. Argentina Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.4.3. Rest of South America Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                  4.1.4.5. Middle East and Africa Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.5.1. South Africa Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.5.2. GCC Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.5.3. Egypt Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.5.4. Nigeria Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
                              4.1.4.5.5. Rest of Middle East and Africa Market Share Analysis, By Platform, By Value, 2021-2027 (In %)
            4.1.5.    Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                  4.1.5.1. North America Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.1.1. USA Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.1.2. Canada Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.1.3. Mexico Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                  4.1.5.2. Europe Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.1. UK Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.2. France Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.3. Germany Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.4. Italy Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.5. Spain Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.6. Sweden Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.7. Austria Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.2.8. Rest of Europe Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                  4.1.5.3. Asia Pacific Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.1. China Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.2. India Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.3. Japan Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.4. South Korea Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.5. Australia Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.6. ASEAN Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.3.7. Rest of APAC Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                  4.1.5.4. South America Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.4.1. Brazil Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.4.2. Argentina Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.4.3. Rest of South America Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                  4.1.5.5. Middle East and Africa Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.5.1. South Africa Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.5.2. GCC Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.5.3. Egypt Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                              4.1.5.5.4. Nigeria Market Share Analysis, By Application, By Value, 2021-2027 (In %)
                  4.1.5.6. Rest of Middle East and Africa Market Share Analysis, By Application, By Value, 2021-2027 (In %)
      4.2. Stellar Competition matrix
            4.2.1. Global Stellar Competition Matrix
            4.2.2. North America Stellar Competition Matrix
            4.2.3. Europe Stellar Competition Matrix
            4.2.4. Asia Pacific Stellar Competition Matrix
            4.2.5. South America Stellar Competition Matrix
            4.2.6. Middle East and Africa Stellar Competition Matrix
      4.3. Key Players Benchmarking 
            4.3.1. Key Players Benchmarking By Type, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
      4.4. Mergers and Acquisitions in Industry
            4.4.1. M&A by Region, Value and Strategic Intent
      4.5. Market Dynamics
            4.5.1. Market Drivers
            4.5.2. Market Restraints
            4.5.3. Market Opportunities
            4.5.4. Market Challenges
            4.5.5. PESTLE Analysis
            4.5.6. PORTERS Five Force Analysis
            4.5.7. Value Chain Analysis
Chapter 5 Global Aircraft Engine Market Segmentation: By Type
      5.1. Global Aircraft Engine Market, By Type, Overview/Analysis, 2021-2027
      5.2. Global Aircraft Engine Market, By Type, By Value, Market Share (%), 2021-2027 (USD Million)
      5.3. Global Aircraft Engine Market, By Type, By Value, - 
            5.3.1. Turboprop
            5.3.2. Turbofan
            5.3.3. Turboshaft
            5.3.4. Piston Engine
Chapter 6 Global Aircraft Engine Market Segmentation: By Technology
      6.1. Global Aircraft Engine Market, By Technology, Overview/Analysis, 2021-2027
      6.2. Global Aircraft Engine Market Size, By Technology, By Value, Market Share (%), 2021-2027 (USD Million)
      6.3. Global Aircraft Engine Market, By Technology, By Value, - 
            6.3.1. Conventional
            6.3.2. Hybrid
Chapter 7 Global Aircraft Engine Market Segmentation: By Platform
      7.1. Global Aircraft Engine Market, By Platform, Overview/Analysis, 2021-2027
      7.2. Global Aircraft Engine Market Size, By Platform, By Value, Market Share (%), 2021-2027 (USD Million)
      7.3. Global Aircraft Engine Market, By Platform, By Value, - 
            7.3.1. Unmanned Ariel
            7.3.2. Fixed Wing
            7.3.3. Rotary Wing
Chapter 8 Global Aircraft Engine Market Segmentation: By Application
      8.1. Global Aircraft Engine Market, By Application, Overview/Analysis, 2021-2027
      8.2. Global Aircraft Engine Market Size, By Application, By Value, Market Share (%), 2021-2027 (USD Million)
      8.3. Global Aircraft Engine Market, By Application, By Value, - 
            8.3.1. Commercial
            8.3.2. Military
            8.3.3. General Aviation
Chapter 9 Global Aircraft Engine Market Segmentation: By Region
      9.1. Global Aircraft Engine Market, By Region – North America
            9.1.1. North America Aircraft Engine Market Size, By Type, By Value, 2021-2027 (USD Million)
            9.1.2. North America Aircraft Engine Market Size, By Technology, By Value, 2021-2027 (USD Million)
            9.1.3. North America Aircraft Engine Market Size, By Platform, By Value, 2021-2027 (USD Million)
            9.1.4. North America Aircraft Engine Market Size, By Application, By Value, 2021-2027 (USD Million)
            9.1.5. By Country – U.S.
                  9.1.5.1. U.S. Aircraft Engine Market Size, By Type, By Value,  2021-2027 (USD Million)
                  9.1.5.2. U.S. Aircraft Engine Market Size, By Technology, By Value, 2021-2027 (USD Million)
                  9.1.5.3. U.S. Aircraft Engine Market Size, By Platform, By Value, 2021-2027 (USD Million)  
                  9.1.5.4. U.S. Aircraft Engine Market Size, By Application, By Value, 2021-2027 (USD Million)  
                  9.1.5.5. Canada Aircraft Engine Market Size, By Value, 2021-2027 (USD Million)
                  9.1.5.6. Mexico Aircraft Engine Market Size, By Value, 2021-2027 (USD Million)
      9.2. Europe Aircraft Engine Market Size, By Value, 2021-2027 (USD Million)
            9.2.1. UK
            9.2.2. France
            9.2.3. Germany
            9.2.4. Italy
            9.2.5. Spain 
            9.2.6. Sweden
            9.2.7. Austria
            9.2.8. Rest of Europe
      9.3. Asia Pacific Aircraft Engine Market Size, By Value, 2021-2027 (USD Million)
            9.3.1. China
            9.3.2. India
            9.3.3. Japan
            9.3.4. South Korea
            9.3.5. Australia
            9.3.6. ASEAN
            9.3.7. Rest of APAC
      9.4. Middle East and Africa Aircraft Engine Market Size, By Value, 2021-2027 (USD Million)
            9.4.1. South Africa
            9.4.2. GCC 
            9.4.3. Egypt
            9.4.4. Nigeria
            9.4.5. Rest of Middle East and Africa
      9.5. South America Aircraft Engine Market Size, By Value, 2021-2027 (USD Million)
            9.5.1. Brazil
            9.5.2. Argentina
            9.5.3. Rest of South America
Chapter 10 Company Profiles
      10.1. Key Players
            10.1.1. Safran SA (France)
                  10.1.1.1. Company Overview
                  10.1.1.2. Tube Portfolio
                  10.1.1.3. Financial Overview
                  10.1.1.4. Business Strategy
                  10.1.1.5. Key Developments
            10.1.2. General Electric Company (US)
            10.1.3. Rolls Royce (UK)
            10.1.4. Honeywell International Inc (US)
            10.1.5. MTU Aero Engine (Germany)
            10.1.6. IAE International Aero Engines AG (US)
            10.1.7. Textron Inc. (US)
            10.1.8. United Technologies Corporation (US)
            10.1.9. Raytheon Technologies Corporation (US)
            10.1.10. Extron Inc. (US)
            10.1.11. Boeing (US)
            10.1.12. Hindustan Aeronautics Limited (India)
      10.2. Key Findings
      10.3. Recommendations

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