Commercial Aircraft Gas Turbine Engine Market Analysis Europe,North America,APAC,South America,Middle East and Africa - US,China,France,Germany,UK - Size and Forecast 2023-2027

Published: Mar 2023 Pages: 170 SKU: IRTNTR45842

Commercial Aircraft Gas Turbine Engine Market Forecast 2023-2027

The commercial aircraft gas turbine engine market size is estimated to grow by USD 54,760.35 million at a CAGR of 19.85% between 2022 and 2027. The growth of the market depends on several factors, including advancements in engine technologies, a rise in the procurement rate of new-generation aircraft, and an increase in aircraft deliveries. 

The report includes an in-depth analysis of drivers, trends, and challenges. Furthermore, it includes historic market data from 2017 to 2021.

What will be the size of the Commercial Aircraft Gas Turbine Engine Market During the Forecast Period?

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Market Dynamics

The rise in the procurement rate of new-generation aircraft is notably driving the market growth, although factors such as high production costs and delays in engine deliveries may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The rise in the procurement rate of new-generation aircraft is notably driving market growth. Due to the increase in air travel, it is anticipated that air traffic will double over the next 15 years. Only if airline operators purchase new aircraft to meet the increased demand can this year-over-year increase in air traffic be maintained. To ensure the scheduled deliveries, major aircraft OEMs have started renovating their current production facilities. 

Airbus has been concentrating on improving its A320neo series of aircraft recently. The new A321neo aircraft, which is an A320 with a narrower body and two CFM LEAP-A twin engines, is thought to be 15% more fuel-efficient than its forerunners. The purchase of the A320neo aircraft and its successors has been motivated by increased efficiency combined with reduced noise generation. Hence, such factors will boost market growth during the forecast period. 

Significant Trends

The usage of ceramic matrix composites is an emerging trend in the market growth. A treated short carbon fiber or whisker matrix is the foundation of ceramic-matrix composites (CMCs), which can be oxide- or non-oxide-based. They weigh approximately 66% less than nickel (Ni) superalloys, which were previously employed in engines. Additionally, they can function at temperatures higher than 500 degrees Fahrenheit, which is higher than the endurance limit of their nickel superalloy counterparts.

By using CMC products, engines can achieve a higher service temperature and greater efficiency in one of two ways, either through a reduction in the amount of cooling air diverted or through a reduction in fuel consumption brought on by higher engine temperatures. These two elements help to improve engine efficiency by raising the amount of thrust produced per unit of fuel. For example, since 2016, CFM International has adopted CMC-coated goods for its LEAP series of engines. Even at 2,400 degrees F, the LEAP engines can operate effectively. Hence, such benefits will increase the adoption rate of CMC products, which in turn, will drive the market growth during the forecast period. 

Major Challenge

High production costs and delays in engine deliveries are major challenges impeding market growth. An aircraft engine's price can be divided into production and associative development costs. An increase in either of these costs has the potential to cause an unforeseen escalation in costs and delivery time extensions. A modern engine is the result of years of component-level R&D, each improvement in the technology of related components can open up a brand-new field of study. Before releasing the new engine on the market, such development activities are carried out for a long time and include several hours of meticulous testing and documentation to produce the best results.

Despite the thorough testing, there is no guarantee that the engine will run without problems after it is put into service. Rectification efforts are very expensive and necessitate that manufacturers not only redesign essential parts but also replace them in the engines that have already been delivered. These failures also impede the development and delivery of other models that are in the works, which reduces the overall number of delivery goals that are met in a fiscal year and results in losses throughout the supply chain. Hence, these factors will have a negative impact on the global market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Commercial Aircraft Gas Turbine Engine Market Customer Landscape

Who are the Major Commercial Aircraft Gas Turbine Engine Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

GKN Aerospace Services Ltd. - The company offers various aircraft parts such as aerostructures, engines, wiring systems, landing gears, and other parts. The key offerings of the company include aircraft gas turbine engines which are designed to be used in A220 and A320 commercial air jets.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • General Electric Co.
  • EuroJet Turbo GmbH
  • Honeywell International Inc.
  • IHI Corp.
  • JSC Klimov
  • Kawasaki Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • MTU Aero Engines AG
  • PBS Group AS
  • Raytheon Technologies Corp.
  • Rolls Royce Holdings Plc
  • Rostec
  • Siemens Energy AG
  • Textron Inc.
  • TurbAero

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The market share growth by the turbofan segment will be significant during the forecast period. The most popular gas turbine engine technology is the turbofan, which is integrated into commercial airliners. As technological advancements aimed at producing more fuel-efficient engines drive the market, engine OEMs are investing billions of dollars in R&D activities that could potentially change the face of aviation in the future. For example, the development of a new Power Gearbox, which Rolls-Royce is currently working on, is expected to reduce fuel consumption in its large turbofan models by 25% when compared to the Trent 700 model.

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The turbofan segment was valued at USD 23,065.51 million in 2017 and continued to grow until 2021The increased demand is a result of an increase in air travel worldwide, which has compelled airlines to buy newer models of aircraft in order to maintain profitability. This has led to increased orders for gas turbine engines as an aircraft is designed to work with only specific types of engines. There is a sizable backlog of orders for well-known engine OEMs, totaling more than USD 140 billion. As part of its USD1.3 billion organization-wide capital investment strategy to increase the production of its geared turbofan engines, Pratt & Whitney has invested USD 97 million in a new fan blade manufacturing facility at its AutoAir complex in Michigan. Similar efforts to boost production have been undertaken through the expansion of existing facilities by other OEMs such as Rolls-Royce, Safran Aircraft Engines, and GE Aviation. Thus, owing to such factors the segment is expected to grow during the forecast period.

Which are the Key Regions for the Market?

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Europe is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The European airline industry serves around 970 million passengers annually. Such a high volume of passengers can be managed only through an efficient network of airline operators offering best-in-class services at affordable prices. Due to this development, airline operators are now looking for ways to lower the fleets' overall operating costs, and as a result, fleet upgrading has become a viable option. Investors from all over the world have expressed interest in new aircraft with fuel-efficient engines, and it is anticipated that this demand will drive the market in Europe during the forecast period.

Numerous aircraft engine OEMs are located in the European Union (EU), which is heavily involved in R&D in the aerospace industry. The efforts to collaborate with suppliers have produced international networks, which have increased the industry's overall capabilities. Additionally, the players have been involved in the development. For instance, in June 2021, Airbus decided to concentrate its efforts on metallic hydrogen tanks in a complementary setup by creating Zero-Emission Development Centres (ZEDCs) at its sites in Bremen (Germany) and in Nantes (France). The goal of these ZEDCs is to achieve cost-competitive cryogenic tank manufacturing to support the successful future market launch of ZEROe (Zero-emission) aircraft and accelerate the development of hydrogen propulsion technologies. Furthermore, many European carriers have gone on a buying spree as a result of the rise in air passenger traffic, with the goal of expanding their fleet in order to meet the rising demand for air travel. Hence, all the abovementioned factors will boost the market growth during the forecast period. 

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Technology Outlook (USD Million, 2017 - 2027)
    • Turbofan
    • Turboprop
  • Type Outlook (USD Million, 2017 - 2027)
    • Narrow-body aircraft
    • Widebody aircraft
    • Regional aircraft
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The Market is driven by the demand for efficient Fuel energy conversion into Mechanical energy. Innovative aircraft designs and advancements in technology attract Technology investors seeking growth opportunities.

The use of 3D-printed engine components enhances performance and durability, contributing to Aircraft engine longevity. Engine leasing businesses benefit from the market's growth, providing flexibility in fleet management. Raw materials play a crucial role in engine manufacturing, ensuring quality and reliability for both Rotary-wing aircraft and Fixed-wing aircraft. Manufacturers focus on offering engines that are suitable for both Line-fit and Retrofit installations. The market is dominated by Turbojet engines known for their efficiency and reliability. As the aviation industry continues to evolve, the demand for innovative gas turbine engines is expected to rise, driving further advancements in the field.

Commercial Aircraft Gas Turbine Engine Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 19.85%

Market growth 2023-2027

USD 54,760.35 million

Market structure

Fragmented

YoY growth 2022-2023(%)

18.44

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 32%

Key countries

US, China, France, Germany, and UK

Competitive landscape

Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

General Electric Co., EuroJet Turbo GmbH, GKN Aerospace Services Ltd., Honeywell International Inc., IHI Corp., JSC Klimov, Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., MTU Aero Engines AG, PBS Group AS, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Rostec, Siemens Energy AG, Textron Inc., TurbAero, UEC-Aviadvigatel JSC, UEC Saturn, Williams International Co. LLC, and Safran SA

Market dynamics

Parent market analysis, Market Forecasting,  Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global commercial aircraft gas turbine engine market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global commercial aircraft gas turbine engine market 2017 - 2021 ($ million)
    • 4.2 Technology Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
    • 6.2 Comparison by Technology
      • Exhibit 32: Chart on Comparison by Technology
      • Exhibit 33: Data Table on Comparison by Technology
    • 6.3 Turbofan - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Turbofan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Turbofan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Turbofan - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Turbofan - Year-over-year growth 2022-2027 (%)
    • 6.4 Turboprop - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Turboprop - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Turboprop - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Turboprop - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Turboprop - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Technology
      • Exhibit 42: Market opportunity by Technology ($ million)
      • Exhibit 43: Data Table on Market opportunity by Technology ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Narrow-body aircraft - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Narrow-body aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Narrow-body aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Narrow-body aircraft - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Narrow-body aircraft - Year-over-year growth 2022-2027 (%)
    • 7.4 Widebody aircraft - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Widebody aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Widebody aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Widebody aircraft - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Widebody aircraft - Year-over-year growth 2022-2027 (%)
    • 7.5 Regional aircraft - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Regional aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Regional aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Regional aircraft - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Regional aircraft - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ million)
      • Exhibit 61: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 France - Market size and forecast 2022-2027
      • Exhibit 91: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 General Electric Co.
              • Exhibit 115: General Electric Co. - Overview
              • Exhibit 116: General Electric Co. - Business segments
              • Exhibit 117: General Electric Co. - Key news
              • Exhibit 118: General Electric Co. - Key offerings
              • Exhibit 119: General Electric Co. - Segment focus
            • 12.4 GKN Aerospace Services Ltd.
              • Exhibit 120: GKN Aerospace Services Ltd. - Overview
              • Exhibit 121: GKN Aerospace Services Ltd. - Product / Service
              • Exhibit 122: GKN Aerospace Services Ltd. - Key offerings
            • 12.5 Honeywell International Inc.
              • Exhibit 123: Honeywell International Inc. - Overview
              • Exhibit 124: Honeywell International Inc. - Business segments
              • Exhibit 125: Honeywell International Inc. - Key news
              • Exhibit 126: Honeywell International Inc. - Key offerings
              • Exhibit 127: Honeywell International Inc. - Segment focus
            • 12.6 IHI Corp.
              • Exhibit 128: IHI Corp. - Overview
              • Exhibit 129: IHI Corp. - Business segments
              • Exhibit 130: IHI Corp. - Key news
              • Exhibit 131: IHI Corp. - Key offerings
              • Exhibit 132: IHI Corp. - Segment focus
            • 12.7 JSC Klimov
              • Exhibit 133: JSC Klimov - Overview
              • Exhibit 134: JSC Klimov - Product / Service
              • Exhibit 135: JSC Klimov - Key offerings
            • 12.8 MTU Aero Engines AG
              • Exhibit 136: MTU Aero Engines AG - Overview
              • Exhibit 137: MTU Aero Engines AG - Business segments
              • Exhibit 138: MTU Aero Engines AG - Key news
              • Exhibit 139: MTU Aero Engines AG - Key offerings
              • Exhibit 140: MTU Aero Engines AG - Segment focus
            • 12.9 PBS Group AS
              • Exhibit 141: PBS Group AS - Overview
              • Exhibit 142: PBS Group AS - Product / Service
              • Exhibit 143: PBS Group AS - Key offerings
            • 12.10 Raytheon Technologies Corp.
              • Exhibit 144: Raytheon Technologies Corp. - Overview
              • Exhibit 145: Raytheon Technologies Corp. - Business segments
              • Exhibit 146: Raytheon Technologies Corp. - Key news
              • Exhibit 147: Raytheon Technologies Corp. - Key offerings
              • Exhibit 148: Raytheon Technologies Corp. - Segment focus
            • 12.11 Rolls Royce Holdings Plc
              • Exhibit 149: Rolls Royce Holdings Plc - Overview
              • Exhibit 150: Rolls Royce Holdings Plc - Business segments
              • Exhibit 151: Rolls Royce Holdings Plc - Key news
              • Exhibit 152: Rolls Royce Holdings Plc - Key offerings
              • Exhibit 153: Rolls Royce Holdings Plc - Segment focus
            • 12.12 Safran SA
              • Exhibit 154: Safran SA - Overview
              • Exhibit 155: Safran SA - Business segments
              • Exhibit 156: Safran SA - Key news
              • Exhibit 157: Safran SA - Key offerings
              • Exhibit 158: Safran SA - Segment focus
            • 12.13 Textron Inc.
              • Exhibit 159: Textron Inc. - Overview
              • Exhibit 160: Textron Inc. - Business segments
              • Exhibit 161: Textron Inc. - Key news
              • Exhibit 162: Textron Inc. - Key offerings
              • Exhibit 163: Textron Inc. - Segment focus
            • 12.14 TurbAero
              • Exhibit 164: TurbAero - Overview
              • Exhibit 165: TurbAero - Product / Service
              • Exhibit 166: TurbAero - Key offerings
            • 12.15 UEC-Aviadvigatel JSC
              • Exhibit 167: UEC-Aviadvigatel JSC - Overview
              • Exhibit 168: UEC-Aviadvigatel JSC - Product / Service
              • Exhibit 169: UEC-Aviadvigatel JSC - Key offerings
            • 12.16 UEC Saturn
              • Exhibit 170: UEC Saturn - Overview
              • Exhibit 171: UEC Saturn - Product / Service
              • Exhibit 172: UEC Saturn - Key offerings
            • 12.17 Williams International Co. LLC
              • Exhibit 173: Williams International Co. LLC - Overview
              • Exhibit 174: Williams International Co. LLC - Product / Service
              • Exhibit 175: Williams International Co. LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              commercial aircraft gas turbine engine market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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