Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Fanjet Market by Type (High-pressure Turbine, Low-pressure Turbine), By Application (Civil Aircraft, Military Aircraft) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Fanjet Market by Type (High-pressure Turbine, Low-pressure Turbine), By Application (Civil Aircraft, Military Aircraft) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139556 3300 Automobile & Transportation 377 231 Pages 4.9 (36)

Market Overview:

The global fanjet market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for civil and military aircraft across the globe. Additionally, the increase in air travel has led to an increase in demand for fanjets, which is further propelling the growth of this market. The high-pressure turbine segment is expected to dominate the global fanjet market during the forecast period owing to its superior performance and efficiency as compared to low-pressure turbines. The Asia Pacific region is projected to be fastest growing region duringthe forecast period owingto rising demand for civil and military aircrafts from countries such as China, India, and Japan.

Global Fanjet Industry Outlook

Product Definition:

A fanjet engine is a type of jet engine that uses fans to compress the air before it is burned with fuel and ignited. Fanjets are used in a variety of applications, including military aircraft, commercial airliners, and private jets.

High-pressure Turbine:

High-pressure turbines (HPT) are used in gas turbine engines to increase the pressure ratio and power output. The main objective of using HPT is to reduce the operating costs by increasing the efficiency of a gas turbine engine.

The market for high-pressure turbines in jet engines is expected to witness significant growth over the forecast period owing to its ability to operate at higher efficiencies, which reduces fuel consumption and emission levels along with reducing maintenance costs due reduced lubricant usage.

Low-pressure Turbine:

A low-pressure turbine is a type of gas turbine in which the propelling force is provided by a comparatively small flow of fluid. The low pressure can be represented as lower than the ambient pressure or as a very low positive pressure. Low-pressure turbines are used to produce energy for applications such as space heating, domestic water supply, and process heatings among others.

Application Insights:

The civil aircraft application segment led the global fanjet market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing air traffic across major airports globally owing to rising disposable income, coupled with high-income levels in key markets such as China and India. This has resulted in an increased demand for commercial aircraft, which is further anticipated to propel industry growth over the coming years.

The military aircraft segment was valued at USD 1,818 million in 2017 owing to growing defense expenditure across various countries worldwide including Russia and China on account of security concerns resulting from conflicts within & outside borders of these countries. Moreover, ongoing research & development activities pertaining military aviation are also expected fuel industry expansion over the next eight years or so (2030).

Regional Analysis:

Asia Pacific dominated the global fanjet market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to increasing demand from China, India, Japan, and South Korea. These countries are investing heavily in military aircraft production as well as civil aircraft manufacturing which will drive the regional market growth over the forecast period.

The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to rising defense expenditure by various governments including Saudi Arabia and UAE.

North America also holds a considerable share of industry revenue due to high investments made by major players such as Pratt & Whitney Canada (PWC)and CFM International (Safran).

Growth Factors:

  • Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021. This will lead to an increase in the demand for aircraft, including fanjets.
  • Proliferation of private jets: The number of private jets is increasing rapidly, especially in developed countries such as the US and Europe. This will lead to an increase in the demand for fanjets, as they are often used by private jet owners and operators.
  • Rise in business travel: Business travel is growing rapidly due to globalization and the rise of e-commerce businesses. This will lead to an increase in the demand for air transportation, including fanjet aircrafts.

Scope Of The Report

Report Attributes

Report Details

Report Title

Fanjet Market Research Report

By Type

High-pressure Turbine, Low-pressure Turbine

By Application

Civil Aircraft, Military Aircraft

By Companies

CFM International, Pratt & Whitney, General Electric, IAE, Soloviev, Motor Sich, Rolls-Royce, Honeywell Aerospace, Williams International, Klimov

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Fanjet Market Report Segments:

The global Fanjet market is segmented on the basis of:


High-pressure Turbine, Low-pressure Turbine

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Civil Aircraft, Military Aircraft

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. CFM International
  2. Pratt & Whitney
  3. General Electric
  4. IAE
  5. Soloviev
  6. Motor Sich
  7. Rolls-Royce
  8. Honeywell Aerospace
  9. Williams International
  10. Klimov

Global Fanjet Market Overview

Highlights of The Fanjet Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. High-pressure Turbine
    2. Low-pressure Turbine
  1. By Application:

    1. Civil Aircraft
    2. Military Aircraft
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Fanjet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Fanjet Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Fanjet is a German aircraft manufacturer. It was founded in 1957 by Heinz-Dieter Förster and his son, Jörg Förster. The company produces both civil and military aircraft.

Some of the major companies in the fanjet market are CFM International, Pratt & Whitney, General Electric, IAE, Soloviev, Motor Sich, Rolls-Royce, Honeywell Aerospace, Williams International, Klimov.

The fanjet market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Fanjet Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Fanjet Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Fanjet Market - Supply Chain
   4.5. Global Fanjet Market Forecast
      4.5.1. Fanjet Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Fanjet Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Fanjet Market Absolute $ Opportunity

5. Global Fanjet Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Fanjet Market Size and Volume Forecast by Type
      5.3.1. High-pressure Turbine
      5.3.2. Low-pressure Turbine
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Fanjet Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Fanjet Market Size and Volume Forecast by Application
      6.3.1. Civil Aircraft
      6.3.2. Military Aircraft
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Fanjet Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Fanjet Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Fanjet Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Fanjet Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Fanjet Demand Share Forecast, 2019-2029

9. North America Fanjet Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Fanjet Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Fanjet Market Size and Volume Forecast by Application
      9.4.1. Civil Aircraft
      9.4.2. Military Aircraft
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Fanjet Market Size and Volume Forecast by Type
      9.7.1. High-pressure Turbine
      9.7.2. Low-pressure Turbine
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Fanjet Demand Share Forecast, 2019-2029

10. Latin America Fanjet Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Fanjet Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Fanjet Market Size and Volume Forecast by Application
      10.4.1. Civil Aircraft
      10.4.2. Military Aircraft
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Fanjet Market Size and Volume Forecast by Type
      10.7.1. High-pressure Turbine
      10.7.2. Low-pressure Turbine
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Fanjet Demand Share Forecast, 2019-2029

11. Europe Fanjet Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Fanjet Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Fanjet Market Size and Volume Forecast by Application
      11.4.1. Civil Aircraft
      11.4.2. Military Aircraft
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Fanjet Market Size and Volume Forecast by Type
      11.7.1. High-pressure Turbine
      11.7.2. Low-pressure Turbine
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. B Application
      11.10.4. By Sales Channel
   11.11. Europe Fanjet Demand Share, 2019-2029

12. Asia Pacific Fanjet Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Fanjet Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Fanjet Market Size and Volume Forecast by Application
      12.4.1. Civil Aircraft
      12.4.2. Military Aircraft
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Fanjet Market Size and Volume Forecast by Type
      12.7.1. High-pressure Turbine
      12.7.2. Low-pressure Turbine
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Fanjet Demand Share, 2019-2029

13. Middle East & Africa Fanjet Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Fanjet Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Fanjet Market Size and Volume Forecast by Application
      13.4.1. Civil Aircraft
      13.4.2. Military Aircraft
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Fanjet Market Size and Volume Forecast by Type
      13.7.1. High-pressure Turbine
      13.7.2. Low-pressure Turbine
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Fanjet Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Fanjet Market: Market Share Analysis
   14.2. Fanjet Distributors and Customers
   14.3. Fanjet Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. CFM International Overview Financials Developments Strategic Outlook
      14.4.2. Pratt & Whitney Overview Financials Developments Strategic Outlook
      14.4.3. General Electric Overview Financials Developments Strategic Outlook
      14.4.4. IAE Overview Financials Developments Strategic Outlook
      14.4.5. Soloviev Overview Financials Developments Strategic Outlook
      14.4.6. Motor Sich Overview Financials Developments Strategic Outlook
      14.4.7. Rolls-Royce Overview Financials Developments Strategic Outlook
      14.4.8. Honeywell Aerospace Overview Financials Developments Strategic Outlook
      14.4.9. Williams International Overview Financials Developments Strategic Outlook
      14.4.10. Klimov Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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