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The aircraft engine market was valued at $42.43 billion in 2020 and is projected to reach around $75 billion by 2026, registering a CAGR of over 7% during the forecast period (2021-2027). The aircraft engine market has been significantly impacted by the COVID-19 pandemic due to a slowdown in the aviation industry and supply chain problems (stop manufacturing parts and materials), resulting in overall decline in overall aircraft engine deliveries. This caused engine OEMs to witness huge losses and implement new cost-saving strategies.
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A full report of Global Aircraft Engines Market is available at: https://www.orionmarketreports.com/aircraft-engines-market/45822/
The following Segmentation are covered in this report:
By Type
· Turboprop
· Turbofan
· Turboshaft
· Piston Engine
By Wing Position
· Fixed Wing
· Rotary Wing
By End-user
· Commercial Aviation
· Military Aviation
· Others
Major Players
· General Electric Company
· Rolls-Royce Motor Cars Limited
· Honeywell International Inc.
· United Technologies Corporation
· Pratt & Whitney Division
· Snecma S.A
· Hindustan Aeronautics Limited
· JSC “Klimov”-United engine corporation
· Safran
· The Boeing Company
The report covers the following objectives:
· Proliferation and maturation of trade in the global Aircraft Engines Market.
· The market share of the global Aircraft Engines Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
· Current and future market trends that are influencing the growth opportunities and growth rate of the global Aircraft Engines Market.
· Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Aircraft Engines Market.
Scope of the Report
The research study analyses the global Aircraft Engines industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
· Market Overview and growth analysis
· Import and Export Overview
· Volume Analysis
· Current Market Trends and Future Outlook
· Market Opportunistic and Attractive Investment Segment
Geographic Coverage
· North America Market Size and/or Volume
· Latin America Market Size and/or Volume
· Europe Market Size and/or Volume
· Asia-Pacific Market Size and/or Volume
· Rest of the world Market Size and/or Volume
Key Questions Answered by Aircraft Engines Market Report
· What was the Aircraft Engines Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
· What will be the CAGR of Aircraft Engines Market during the forecast period (2021-2027)?
· Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
· Which manufacturer/vendor/players in the Aircraft Engines Market was the market leader in 2020?
· Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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