Aeroengine Fan Blades Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Engine Type (Turbofan Aeroengine, Turboprop Aeroengine, and Turbojet Aeroengine); Material Type (Titanium Alloys, Aluminum Alloys, Steel, and Composites)
The aeroengine fan blades market was valued at US$ 6.43 billion in 2019 and is projected to reach US$ 9.58 billion by 2027; it is expected to grow at a CAGR of 5.3% during the forecast period.
The market for aeroengine fan blade is growing with the positive growth outlook of aviation industry globally and rising air passengers across the world, among others. The global aviation industry is highly dynamic, and it adapts quickly to macroeconomic changes, external market forces, and evolving customer expectations. The macroeconomic factors across the world, such as political, economic, social, and technological ones, shape the growth outlook of global aviation industry. The key factors that affect the global aviation industry include air travel demand, regulatory changes, infrastructure developments, and technological advancements. According to the Airbus’s global market forecast – 2019 to 2038, the global aviation industry has a positive long-term growth outlook, and the air traffic is projected to double in the next fifteen years with an averages traffic growth rate of 4.3% per annum, which, in turn, would support the growth of the aeroengine fan blades market.
Presently, Airbus SE, Dassault Aviation SA, Pilatus, and Lockheed Martin are among the several aerospace manufacturers present in Europe, offering enormous opportunity for the aerospace component manufacturers to grow. Airbus is one of the world’s leading commercial aircraft manufacturers, which has its headquarters in France with 12 manufacturing bases in different cities of the region. In 2019, Airbus delivered ~863 commercial aircraft to its 99 customers worldwide. The company had 1,131 new orders for the year, which account for the net orders reaching about 768, compared with 747 in 2018. The demand for air travel is anticipated to be robust owing to strong economic growth, rising middle class population, increasing consumer spending, and evolving business models of airlines. The developing economies in the regions such as APAC, the MEA, and SAM are expected to contribute a major share to the future growth of the aviation industry. The air cargo traffic is projected to grow at a rate of 4.2% from 2019 to 2038 owing to robust growth of trade and manufacturing in East Asia. The growing domestic cargo demand in China is anticipated to be a major growth driver in East Asia region. However, the ongoing COVID-19 crisis would impact the manufacturing and delivery schedule to some extent in 2020; despite this short-term effect, the long-term industry outlook is anticipated to remain positive during the forecast period.
Impact of COVID-19 Pandemic on Aeroengine fan blades market
The COVID-19 outbreak, which began in Wuhan (China) in December 2019, has spread at a fast pace worldwide. The global factory shutdowns, travel bans, and border lockdowns to combat and contain the disease transmission have impacted every industry and economy worldwide, including aircraft manufacturing for both commercial as well as defence sector. The global economy is anticipated to take a worst hit in 2020, and the impact is likely to persist in 2021 as well. The outbreak has created significant disruptions in primary industries such as aerospace, manufacturing, and electronics & semiconductors. The sharp decline in aerospace manufacturing industry is impacting the growth of global aeroengine fan blades market.
Lucrative Regional Markets for Aeroengine Fan Blades Market
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Market Insights
Growing number air passenger in developing countries is supporting the growth of aeroengine fan blades market
As per 20 year estimates by the International Air Transport Association (IATA), the number of global air passenger could reach up to 8.2 billion by 2037, at a CAGR of 3.5% during 2018–2037, which implies doubling of the number of passengers during this period. Moreover, the aviation industry is anticipated to witness strong growth in next 20 years and provide diverse benefits to stakeholders involved in the ecosystem. The air passenger count in North America and Europe are projected to grow at CAGR of 2.4% (total 1.4 billion passengers) and 2.0% (1.9 billion passengers), respectively, during this forecast period. However, the major portion of the growth is anticipated to come from East of the world. In 2019, APAC is forecasted to be the largest contributor in revenue growth of global aviation industry, owing to rising air traffic growth in countries such as China, Singapore, India, and Japan. Asia Pacific region is expected to observe additional 2.35 billion passengers by 2037 and reach a total market size of 3.90 billion passengers. The CAGR of APAC region is anticipated to be 4.8% from 2018 to 2035, which is highest in the world, followed by that esitmated for the MEA.
Engine Type Insights
In terms of engine type, turbofan aeroengine segment captured the largest share of the global aeroengine fan blades market in 2019. The advanced turbofans comprise either a massive single-stage fan or a smaller fan with numerous stages. These aeroengines offer good traction as well as economic performance, and find applications on medium and long-haul commercial and military aircraft. Turbofan is the most widely used engine type in global aircraft industry. A few prominent manufacturers of turbofan aero engines are General Electric, Rolls-Royce plc, and Pratt & Whitney.
Global Aeroengine fan blades market, by Engine Type – 2019 and 2027
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Material Type-Based Insights
The aeroengine fan blades market, by material type, is segmented into titanium alloys, aluminum alloys, steel, and composites. The titanium alloys segment captured the largest share of the market in 2019. Titanium alloys are capable of operating at temperatures varying from subzero to 600°C, and have applications in en discs, shafts, blades, and casings of the engines, which range from the front fan to the last stage of the high pressure compressor.
Strategic Insights
The aeroengine fan blades market players adopt the product development strategy to expand their footprint worldwide by meeting the growing demand for their offerings. This strategy is mostly observed to be implemented in the market in North America and Europe. A few of the recent product developments in the global market are listed below:
2020: IHI Corporation primes more electric architecture for aircraft and propulsion that emphases at the optimization of the total energy management of aircraft system with technological innovation toward CO2 emission reduction from aviation. IHI, in cooperation with domestic companies, developed an electric machine (250kW) that can be fitted inside the tail cone located in the aircraft jet engine rear-end and successfully completed the evaluation testing.
2019: Safran S.A and MTU Aero Engines officially declared their partnership to jointly prime the development and production of the new engine that will boost the next generation combat aircraft, as portion of the Franco-German Future Combat Air System. They have also agreed to provide the after-sales support to the offering.
The report segments the global aeroengine fan blades market as follows:
Aeroengine Fan Blades Market - By Engine Type
Aeroengine Fan Blades Market - By Material Type
Aeroengine Fan Blades Market - By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South America (SAM)
- Brazil
- Rest of SAM
Companies Profiled in Aeroengine fan blades market are as Follows:
- CFM International
- GE Aviation
- Pratt & Whitney
- Rolls-Royce Holdings plc
- Safran S.A
- GKN Aerospace
- IHI Corporation
- C-FAN
- Chaheng Precision Co. Ltd.
- MTU Aero Engines AG
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Aeroengine Fan Blades Market – By Engine Type
1.3.2 Aeroengine Fan Blades Market – By Material Type
1.3.3 Aeroengine Fan Blades Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Aeroengine Fan Blades Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threats of Substitutes
4.2.4 Threats of New Entrants
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Aeroengine Fan Blades –Market Dynamics
5.1 Market Drivers
5.1.1 Positive Growth Outlook of the Global Aviation Industry
5.1.2 Growing Number of Air Passengers across Developing Regions
5.2 Market Restraints
5.2.1 Time and Cost Challenges related to Fan Blade Design and Development
5.3 Market Opportunities
5.3.1 Rising Demand for Low Cost and Ultra-Low Cost Carriers
5.4 Future Trends
5.4.1 Composite Material Fan Blades to Drive the Future Growth
5.5 Impact Analysis of Drivers and Restraints
6. Aeroengine Fan Blades Market – Global Analysis
6.1 Aeroengine Fan Blades Market Global Overview
6.2 Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Billion)
6.3 Market Positioning – Five Key Players
7. Aeroengine Fan Blades Market Analysis – By Engine Type
7.1 Overview
7.1.1 Aeroengine Fan Blades Market Breakdown, by Engine Type, 2019 & 2027
7.2 Turbofan Aeroengine
7.2.1 Overview
7.2.2 Turbofan Aeroengine Market Revenue and Forecast to 2027 (US$ Million)
7.3 Turboprop Aeroengine
7.3.1 Overview
7.3.2 Turboprop Aeroengine Market Revenue and Forecast to 2027 (US$ Million)
7.4 Turbojet Aeroengine
7.4.1 Overview
7.4.2 Turbojet Aeroengine Market Revenue and Forecast to 2027 (US$ Million)
8. Aeroengine Fan Blades Market Analysis – By Material Type
8.1 Overview
8.2 Aeroengine Fan Blades Market Breakdown, by Material Type, 2019 & 2027
8.3 Titanium Alloys
8.3.1 Overview
8.3.2 Titanium Alloys Market Revenue and Forecast to 2027 (US$ Million)
8.4 Aluminium Alloys
8.4.1 Overview
8.4.2 Aluminium Alloys Market Revenue and Forecast to 2027 (US$ Million)
8.5 Steel
8.5.1 Overview
8.5.2 Steel Market Revenue and Forecast to 2027 (US$ Million)
8.6 Composites
8.6.1 Overview
8.6.2 Composites Market Revenue and Forecast to 2027 (US$ Million)
9. Aeroengine Fan Blades Market – Geographic Analysis
9.1 Overview
9.2 North America: Aeroengine Fan Blades Market
9.2.1 North America: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: Aeroengine Fan Blades Market, by Engine Type
9.2.3 North America: Aeroengine Fan Blades Market, by Material Type
9.2.4 North America: Aeroengine Fan Blades Market, by Key Country
9.2.4.1 US: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Aeroengine Fan Blades Market, by Engine Type
9.2.4.1.2 US: Aeroengine Fan Blades Market, by Material Type
9.2.4.2 Canada: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Aeroengine Fan Blades Market, by Engine Type
9.2.4.2.2 Canada: Aeroengine Fan Blades Market, by Material Type
9.2.4.3 Mexico: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Aeroengine Fan Blades Market, by Engine Type
9.2.4.3.2 Mexico: Aeroengine Fan Blades Market, by Material Type
9.3 Europe: Aeroengine Fan Blades Market
9.3.1 Europe: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Aeroengine Fan Blades Market, By Engine Type
9.3.3 Europe: Aeroengine Fan Blades Market, By Material Type
9.3.4 Europe: Aeroengine Fan Blades Market, By Country
9.3.4.1 Germany: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Aeroengine Fan Blades Market, by Engine Type
9.3.4.1.2 Germany: Aeroengine Fan Blades Market, by Material Type
9.3.4.2 France: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Aeroengine Fan Blades Market, by Engine Type
9.3.4.2.2 France: Aeroengine Fan Blades Market, by Material Type
9.3.4.3 Italy: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Aeroengine Fan Blades Market, by Engine Type
9.3.4.3.2 Italy: Aeroengine Fan Blades Market, by Material Type
9.3.4.4 UK: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Aeroengine Fan Blades Market, by Engine Type
9.3.4.4.2 UK Aeroengine Fan Blades Market, by Material Type
9.3.4.5 Russia: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Aeroengine Fan Blades Market, by Engine Type
9.3.4.5.2 Russia Aeroengine Fan Blades Market, by Material Type
9.3.4.6 Rest of Europe: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Aeroengine Fan Blades Market, by Engine Type
9.3.4.6.2 Rest of Europe Aeroengine Fan Blades Market, by Material Type
9.4 APAC: Aeroengine Fan Blades Market
9.4.1 APAC: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: Aeroengine Fan Blades Market, By Engine Type
9.4.3 APAC: Aeroengine Fan Blades Market, By Material Type
9.4.4 APAC: Aeroengine Fan Blades Market, By Country
9.4.4.1 Australia: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Aeroengine Fan Blades Market, by Engine Type
9.4.4.1.2 Australia: Aeroengine Fan Blades Market, by Material Type
9.4.4.2 China: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Aeroengine Fan Blades Market, by Engine Type
9.4.4.2.2 China: Aeroengine Fan Blades Market, by Material Type
9.4.4.3 India: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Aeroengine Fan Blades Market, by Engine Type
9.4.4.3.2 India: Aeroengine Fan Blades Market, by Material Type
9.4.4.4 Japan: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Aeroengine Fan Blades Market, by Engine Type
9.4.4.4.2 Japan: Aeroengine Fan Blades Market, by Material Type
9.4.4.5 South Korea: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Aeroengine Fan Blades Market, by Engine Type
9.4.4.5.2 South Korea: Aeroengine Fan Blades Market, by Material Type
9.4.4.6 Rest of APAC: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: Aeroengine Fan Blades Market, by Engine Type
9.4.4.6.2 Rest of APAC: Aeroengine Fan Blades Market, by Material Type
9.5 MEA: Aeroengine Fan Blades Market
9.5.1 MEA: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.5.2 MEA: Aeroengine Fan Blades Market, by Engine Type
9.5.3 MEA: Aeroengine Fan Blades Market, by Material Type
9.5.4 MEA: Aeroengine Fan Blades Market, by Key Country
9.5.4.1 South Africa: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Aeroengine Fan Blades Market, by Engine Type
9.5.4.1.2 South Africa: Aeroengine Fan Blades Market, by Material Type
9.5.4.2 Saudi Arabia: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Aeroengine Fan Blades Market, by Engine Type
9.5.4.2.2 Saudi Arabia: Aeroengine Fan Blades Market, by Material Type
9.5.4.3 UAE: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: Aeroengine Fan Blades Market, by Engine Type
9.5.4.3.2 UAE: Aeroengine Fan Blades Market, by Material Type
9.5.4.4 Rest of MEA: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: Aeroengine Fan Blades Market, by Engine Type
9.5.4.4.2 Rest of MEA: Aeroengine Fan Blades Market, by Material Type
9.6 SAM: Aeroengine Fan Blades Market
9.6.1 SAM: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.6.2 SAM: Aeroengine Fan Blades Market, by Engine Type
9.6.3 SAM: Aeroengine Fan Blades Market, by Material Type
9.6.4 SAM: Aeroengine Fan Blades Market, by Key Country
9.6.4.1 Brazil: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Aeroengine Fan Blades Market, by Engine Type
9.6.4.1.2 Brazil: Aeroengine Fan Blades Market, by Material Type
9.6.4.2 Rest of SAM: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Rest of SAM: Aeroengine Fan Blades Market, by Engine Type
9.6.4.2.2 Rest of SAM: Aeroengine Fan Blades Market, by Material Type
10. Aeroengine Fan Blades Market- COVID-19 Impact Analysis
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11. Industry Landscape
11.1 Market Initiative
11.2 New Product Development
12. COMPANY PROFILES
12.1 C-Fan
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CFM International
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Chaheng Precision Co. Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 GE Aviation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 GKN Aerospace Services Limited
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 IHI Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 MTU Aero Engines AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Pratt & Whitney
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Rolls-Royce Holdings plc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Safran S.A
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Billion)
Table 2. North America: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Aeroengine Fan Blades Market, by Engine Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Aeroengine Fan Blades Market, by Material Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe Aeroengine Fan Blades Market, By Engine Types– Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 14. France Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 15. France Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 18. UK Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 19. UK Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe Aeroengine Fan Blades Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 24. APAC: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. APAC: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 26. Australia: Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 27. Australia: Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 28. China: Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 29. China: Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 30. India: Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 31. India: Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 32. Japan: Aeroengine Fan Blades Market, By Engine Types – Revenue and Forecast to 2027 (US$ Million)
Table 33. Japan: Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 34. South Korea: Aeroengine Fan Blades Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 35. South Korea: Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC: Aeroengine Fan Blades Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC: Aeroengine Fan Blades Market, By Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 38. MEA: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 39. MEA: Aeroengine Fan Blades Market, by Material Type– Revenue and Forecast to 2027 (US$ Million)
Table 40. South Africa: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 41. South Africa: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 42. Saudi Arabia: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 43. Saudi Arabia: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 44. UAE: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. UAE: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 46. Rest of MEA: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of MEA: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 48. SAM: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 49. SAM: Aeroengine Fan Blades Market, by Material Type– Revenue and Forecast to 2027 (US$ Million)
Table 50. Brazil: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 51. Brazil: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 52. Rest of SAM: Aeroengine Fan Blades Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of SAM: Aeroengine Fan Blades Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 54. List of Abbreviation
LIST OF FIGURES
Figure 1. Aeroengine Fan Blades Market Segmentation
Figure 2. Aeroengine Fan Blades Market Segmentation – By Geography
Figure 3. Global Aeroengine Fan Blades Market Overview
Figure 4. Turbofan Aeroengine Segment Held the Largest Market Share
Figure 5. Composites to be a Fastest Growing Material Type
Figure 6. APAC to Show Great Traction During Forecast Period
Figure 7. Global Aeroengine Fan Blades Market, Geography Analysis
Figure 8. Global Aeroengine Fan Blades Market, Industry Landscape
Figure 9. Aeroengine Fan Blades Market - Porter’s Five Forces
Figure 10. Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Aeroengine Fan Blades Market Impact Analysis of Drivers and Restraints
Figure 13. Geographic Overview of Aeroengine Fan Blades Market
Figure 14. Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 15. Aeroengine Fan Blades Market Breakdown, by Engine Type (2019 and 2027)
Figure 16. Turbofan Aeroengine Market Revenue and Forecast To 2027(US$ Million)
Figure 17. Turboprop Aeroengine Market Revenue and Forecast To 2027(US$ Million)
Figure 18. Turbojet Aeroengine Market Revenue and Forecast To 2027(US$ Million)
Figure 19. Aeroengine Fan Blades Market Breakdown, by Material Type (2019 and 2027)
Figure 20. Titanium Alloys Market Revenue and Forecast to 2027(US$ Million)
Figure 21. Aluminum Alloys Market Revenue and Forecast to 2027(US$ Million)
Figure 22. Steel Market Revenue and Forecast to 2027(US$ Million)
Figure 23. Composites Market Revenue and Forecast to 2027(US$ Million)
Figure 24. Aeroengine Fan Blades Market Revenue Share, By Region (2019 and 2027)
Figure 25. North America: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. North America: Aeroengine Fan Blades Market Revenue Share, by Engine Type (2019 and 2027)
Figure 27. North America: Aeroengine Fan Blades Market Revenue Share, by Material Type (2019 and 2027)
Figure 28. North America: Aeroengine Fan Blades Market Revenue Share, by Key Country (2019 and 2027)
Figure 29. US: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Canada: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Mexico: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Europe: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Europe: Aeroengine Fan Blades Market Revenue Share, By Engine Type (2019 and 2027)
Figure 34. Europe: Aeroengine Fan Blades Market Revenue Share, By Material Type (2019 and 2027)
Figure 35. Europe: Aeroengine Fan Blades Market Revenue Share, By Country (2019 and 2027)
Figure 36. Germany: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. France: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Italy: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. UK: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Russia: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Rest of Europe: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. APAC: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. APAC: Aeroengine Fan Blades Market Revenue Share, By Engine Type (2019 and 2027)
Figure 44. APAC: Aeroengine Fan Blades Market Revenue Share, By Material Type (2019 and 2027)
Figure 45. APAC: Aeroengine Fan Blades Market Revenue Share, By Country (2019 and 2027)
Figure 46. Australia: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. China: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. India: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Japan: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. South Korea: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Rest of APAC: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. MEA: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. MEA: Aeroengine Fan Blades Market Revenue Share, by Engine Type (2019 and 2027)
Figure 54. MEA: Aeroengine Fan Blades Market Revenue Share, by Material Type (2019 and 2027)
Figure 55. MEA: Aeroengine Fan Blades Market Revenue Share, by Key Country (2019 and 2027)
Figure 56. South Africa: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. Saudi Arabia: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. UAE: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. Rest of MEA: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. SAM: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. SAM: Aeroengine Fan Blades Market Revenue Share, by Engine Type (2019 and 2027)
Figure 62. SAM: Aeroengine Fan Blades Market Revenue Share, by Material Type (2019 and 2027)
Figure 63. SAM: Aeroengine Fan Blades Market Revenue Share, by Key Country (2019 and 2027)
Figure 64. Brazil: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. Rest of SAM: Aeroengine Fan Blades Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. Impact of COVID-19 Pandemic in North American Country Markets
Figure 67. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 68. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 69. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 70. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Aeroengine Fan Blade Market
- CFM International
- GE Aviation
- Pratt & Whitney
- Rolls-Royce Holdings plc
- Safran S.A
- GKN Aerospace
- IHI Corporation
- C-FAN
- Chaheng Precision Co. Ltd.
- MTU Aero Engines AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global aeroengine fan blades market
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions
Europe is the fastest-growing region in the global aeroengine fan blades market owing to factors such as presence of large number of aircraft related manufacturing companies, infrastructure upgradation, and investments in research & development activities.
The demand for low cost travel is increasing at an impressive pace across geographies. Hence, the demand for low cost carriers and ultralow cost carriers is rising globally. The success of these models in various countries is driving airlines to invest in small and medium aircrafts for short distance and regional travels. The popularity of LCCs and ULCCs is expected to boost the commercial passenger aircraft demand worldwide over the forecast period of 2020 to 2027.
In 2019, Turbofan is the most widely used engine type in global aeroengine fan blades market. A few prominent manufacturers of turbofan aero engines are General Electric, Rolls-Royce plc, and Pratt & Whitney.