Market Overview:
The global aircraft motor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for air travel, rising disposable income, and technological advancements in the aviation industry. The global aircraft motor market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into turbojet / turbofan engine, turboshaft / turboprop engine, ram engine piston engine and others. Turbojet / turbofan engines are expected to dominate the global aircraft motor market duringthe forecast period owing to their high efficiency and low noise levels as comparedto other types of engines. On th ebasis o fapplication ,t he m arket i ssegmented intomilitary useandcivil use .
Product Definition:
An aircraft motor is a powerplant for an aircraft. Aircraft motors are typically piston engines, but there are also turboprop, jet and rocket engines used in aircraft.
Turbojet / Turbofan Engine:
Turbojet and turbofan are two different types of aircraft engines. While turbojet operates at subsonic airspeed, a turbofan operates at supersonic airspeed. The difference between the two is that while a turbojet uses gas pressure to drive an impeller, a turbofan uses hot gases from its combustion chamber to drive an impeller.
Turboshaft / Turboprop:
The turboshaft / turboprop is a power source used in aircraft. It is usually a part of the propulsion system and can be characterized as an electric motor with spinning rotor blades. The main difference between them and propellers is that the latter are not self-rotating, i.e., they require external force to turn while the former do not; instead, they have their own stored energy in form of a capacitor or batteries (if electrical).
Application Insights:
The civil aircraft segment dominated the global aircraft motor market in 2017, accounting for more than 60.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to increasing passenger traffic and air cargo across various regions including Asia Pacific, North America and Europe.
Civil application of engines includes regional jets, business aviation, airliners, helicopters as well as rotorcraft engines for military applications such as fighters, bombers and rotary fixed-winged aircraft. Increasing demand from low-cost carriers is anticipated to fuel product demand over the forecast period.
Military use of these products accounted for a considerable share in 2017 owing to rising concerns regarding security threats among major countries including U.S., China Japan Russia Germany France UK Italy Spain Netherlands Belgium India Pakistan Brazil UAE Mexico Chile Colombia Thailand South Africa Saudi Arabia Argentina Australia Indonesia New Zealand Malaysia Philippines Singapore Rest Of Asia Pacific Countries).
Regional Analysis:
North America is expected to dominate the global aircraft motor market over the forecast period. The growth can be attributed to increasing military and commercial aviation activities in countries such as the U.S., Canada, and Mexico. In addition, growing demand for new aircraft is anticipated to drive regional product demand over the forecast period.
Asia Pacific is projected to witness significant growth during the same period owing to rising air passenger traffic in economies such as India, China, Japan, South Korea, Singapore among others has driven manufacturers based in these countries focus on developing advanced turboprops and jets for domestic travel thereby driving product sales across this region during 2018-2030 periods.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers opting for air travel. This is expected to drive the demand for aircraft motors in the coming years.
- Technological advancements: Aircraft motor manufacturers are constantly investing in research and development to bring about technological advancements in their products. This is likely to result in improved performance and efficiency of aircraft motors, thereby driving their growth.
- Stringent regulations on emissions: Governments across the world are implementing stringent regulations on emissions from aircrafts, which is expected to drive the demand for more fuel-efficient aircraft motors over the next few years.
- Rising popularity of electric vehicles: The popularity of electric vehicles is rising rapidly due to their low environmental impact as compared with traditional petrol or diesel-powered vehicles . This is likely to create opportunities for aircraft motor manufacturers offering electric propulsion systems in the near future . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Motor Market Research Report
By Type
Turbojet / Turbofan Engine, Turboshaft / Turboprop, Ram Engine, Piston Engine, Others
By Application
Military Use, Civil Use
By Companies
GE, Pratt & Whitney Group, SNECMA, Rolls Royce
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Motor Market Report Segments:
The global Aircraft Motor market is segmented on the basis of:
Types
Turbojet / Turbofan Engine, Turboshaft / Turboprop, Ram Engine, Piston Engine, Others
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.
Applications
Military Use, Civil Use
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:
- GE
- Pratt & Whitney Group
- SNECMA
- Rolls Royce
Highlights of The Aircraft Motor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Turbojet / Turbofan Engine
- Turboshaft / Turboprop
- Ram Engine
- Piston Engine
- Others
- By Application:
- Military Use
- Civil Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Motor 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft motors are the engines that power aircraft.
Some of the major companies in the aircraft motor market are GE, Pratt & Whitney Group, SNECMA, Rolls Royce.
The aircraft motor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Motor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Motor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Motor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Motor Market Size & Forecast, 2018-2028
4.5.1 Aircraft Motor Market Size and Y-o-Y Growth
4.5.2 Aircraft Motor Market Absolute $ Opportunity
Chapter 5 Global Aircraft Motor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Motor Market Size Forecast by Type
5.2.1 Turbojet / Turbofan Engine
5.2.2 Turboshaft / Turboprop
5.2.3 Ram Engine
5.2.4 Piston Engine
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Motor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Motor Market Size Forecast by Applications
6.2.1 Military Use
6.2.2 Civil Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Motor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Motor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Motor Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Motor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Motor Market Size Forecast by Type
9.6.1 Turbojet / Turbofan Engine
9.6.2 Turboshaft / Turboprop
9.6.3 Ram Engine
9.6.4 Piston Engine
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Motor Market Size Forecast by Applications
9.10.1 Military Use
9.10.2 Civil Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Motor Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Motor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Motor Market Size Forecast by Type
10.6.1 Turbojet / Turbofan Engine
10.6.2 Turboshaft / Turboprop
10.6.3 Ram Engine
10.6.4 Piston Engine
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Motor Market Size Forecast by Applications
10.10.1 Military Use
10.10.2 Civil Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Motor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Motor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Motor Market Size Forecast by Type
11.6.1 Turbojet / Turbofan Engine
11.6.2 Turboshaft / Turboprop
11.6.3 Ram Engine
11.6.4 Piston Engine
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Motor Market Size Forecast by Applications
11.10.1 Military Use
11.10.2 Civil Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Motor Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Motor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Motor Market Size Forecast by Type
12.6.1 Turbojet / Turbofan Engine
12.6.2 Turboshaft / Turboprop
12.6.3 Ram Engine
12.6.4 Piston Engine
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Motor Market Size Forecast by Applications
12.10.1 Military Use
12.10.2 Civil Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Motor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Motor Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Motor Market Size Forecast by Type
13.6.1 Turbojet / Turbofan Engine
13.6.2 Turboshaft / Turboprop
13.6.3 Ram Engine
13.6.4 Piston Engine
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Motor Market Size Forecast by Applications
13.10.1 Military Use
13.10.2 Civil Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Motor Market: Competitive Dashboard
14.2 Global Aircraft Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Pratt & Whitney Group
14.3.3 SNECMA
14.3.4 Rolls Royce
