Market Overview:
The global airliner engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air travel, rising disposable income, and technological advancements in the aviation industry. The gas turbine engine segment is expected to dominate the global airliner engine market during the forecast period owing to its high efficiency and low fuel consumption as compared to other types of engines. The Asia Pacific region is expected to be fastest-growing region during the forecast period owing to rising demand for air travel and development of new airports in countries such as China and India.
Product Definition:
An airliner engine is a jet engine specifically designed for use in an airplane. They are either turbofan or turbojet engines.
Gas Turbine Engine:
A gas turbine engine is a type of combustion engine that uses the energy from a fuel to generate mechanical power. It differs from an electric generator in that it operates on gaseous rather than electrical energy. The first successful demonstration of this technology was performed by Andrey Tupolev in 1876, but the commercialization process was not completed until after World War II.
The primary reason for its delayed adoption was the need for continuous maintenance.
Ramjet:
The ramjet is a form of combustion engine that uses air as fuel. It operates at supersonic speeds and has the ability to compress its own intake air, which enhances its efficiency. The first practical ramjet was built in the early 1950s by American Robert H. Woodward and Swiss engineer Hermann Schmidlair; it was tested in 1954 in an experimental aircraft G-70 (built by Woodward).
Application Insights:
Airliners accounted for the largest share of more than 60.0% in 2017 and are expected to maintain their dominance over the forecast period. The increasing number of airliners is projected to be a result of growing demand from major airlines, which have been investing significantly in order to enhance their services. Helicopter engine market is estimated to witness significant growth owing to rising demand for air taxi services and military applications as well as owing to increased production rates by various helicopter manufacturers such as Augusta Westland, Sikorsky Aircraft Corporation, Eurocopter Group and others over the forecast period.
Regional Analysis:
The North American regional market dominated the global airliners engine market in terms of revenue share in 2017. The growth can be attributed to the increasing use of turboprops and jets for domestic as well as international travel. Moreover, technological advancements such as composite materials used for manufacturing airframe parts are expected to drive industry demand over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to rapid economic development coupled with rising passenger traffic on short-haul routes within Asia Pacific countries such as Japan, China, and India. In addition, low-cost carriers have been expanding their operations across Asia Pacific due its favorable aviation policies aimed at encouraging international airline service providers and passengers alike into using these airlines rather than other traditional ones operating on a point-to-point basis between major cities only.
Growth Factors:
- Increasing demand for air travel: The global airline industry is expected to grow at a CAGR of 5.8% during the forecast period, owing to the increasing demand for air travel. This will result in an increase in the demand for airliner engines.
- Technological advancements: The engine manufacturers are constantly investing in research and development to bring about technological advancements that improve fuel efficiency and reduce emissions from airliner engines. This will help them gain a competitive edge over their rivals and expand their market share.
- Stringent emission norms: Governments across the world are implementing stringent emission norms, which is resulting in an increase in the adoption of cleaner technologies by engine manufacturers. This is helping them reduce emissions from airliner engines significantly, thereby aiding growth of this market segment .
Scope Of The Report
Report Attributes
Report Details
Report Title
Airliner Engine Market Research Report
By Type
Gas Turbine Engine, Ramjet, Piston Engine, Others
By Application
Helicopter, Airliner, Others
By Companies
ROLLS ROYCE, Pratt Whitney, UEC, GE Aviation, AERO ENGINE CORPORATION
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Airliner Engine Market Report Segments:
The global Airliner Engine market is segmented on the basis of:
Types
Gas Turbine Engine, Ramjet, 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
Helicopter, Airliner, Others
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:
- ROLLS ROYCE
- Pratt Whitney
- UEC
- GE Aviation
- AERO ENGINE CORPORATION
Highlights of The Airliner Engine 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:
- Gas Turbine Engine
- Ramjet
- Piston Engine
- Others
- By Application:
- Helicopter
- Airliner
- Others
- 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 Airliner Engine 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?
An airliner engine is a type of piston engine used in aircraft.
Some of the major companies in the airliner engine market are ROLLS ROYCE, Pratt Whitney, UEC, GE Aviation, AERO ENGINE CORPORATION.
The airliner engine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airliner Engine 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 Airliner Engine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airliner Engine 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 Airliner Engine 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 Airliner Engine Market Size & Forecast, 2020-2028
4.5.1 Airliner Engine Market Size and Y-o-Y Growth
4.5.2 Airliner Engine Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Gas Turbine Engine
5.2.2 Ramjet
5.2.3 Piston Engine
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Helicopter
6.2.2 Airliner
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airliner Engine 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 Airliner Engine 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Gas Turbine Engine
9.6.2 Ramjet
9.6.3 Piston Engine
9.6.4 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 Market Size Forecast by Applications
9.10.1 Helicopter
9.10.2 Airliner
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Gas Turbine Engine
10.6.2 Ramjet
10.6.3 Piston Engine
10.6.4 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 Market Size Forecast by Applications
10.10.1 Helicopter
10.10.2 Airliner
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Gas Turbine Engine
11.6.2 Ramjet
11.6.3 Piston Engine
11.6.4 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 Market Size Forecast by Applications
11.10.1 Helicopter
11.10.2 Airliner
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Gas Turbine Engine
12.6.2 Ramjet
12.6.3 Piston Engine
12.6.4 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 Market Size Forecast by Applications
12.10.1 Helicopter
12.10.2 Airliner
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Gas Turbine Engine
13.6.2 Ramjet
13.6.3 Piston Engine
13.6.4 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) Market Size Forecast by Applications
13.10.1 Helicopter
13.10.2 Airliner
13.10.3 Others
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 Airliner Engine Market: Competitive Dashboard
14.2 Global Airliner Engine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ROLLS ROYCE
14.3.2 Pratt Whitney
14.3.3 UEC
14.3.4 GE Aviation
14.3.5 AERO ENGINE CORPORATION
