Aircraft turbine is one of a form of an aircraft engine. An engine has a large impeller which takes air in, part and rest are mixed with combustion products to form low-velocity exhaust jet. The aircraft is driven with the help of one or more turbofans. Factors responsible to drive the growth of aircraft turbofan is high growth in the number of aircraft order driven by more government initiatives and high defense budget. Another factor attracting is increase in the demand for fuel-efficient engines in order to comply with the emission regulations and also fluctuating fuel prices is responsible to drive the aircraft turbofan market.
However, challenges associated with delay in delivering aircrafts on time and high price of technology act as a restraining factors in aircraft turbofan market. Despite of restraining factors, rise in the demand for lightweight aircraft engines across the aviation industry is anticipated to provide ample of opportunities for aircraft turbofan market in the forecast period.
The "Global Aircraft Turbofan Market Analysis to 2028" is a specialized and in-depth study of the Aircraft turbofan industry with a focus on the global market trend. The report aims to provide an overview of global Aircraft turbofan market with detailed market segmentation on the basis of aircraft type, application, and geography. The global aircraft turbofan market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aircraft turbofan market based on aircraft type and application. It also provides market size and forecast till 2028 for overall aircraft turbofan market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key aircraft turbofan market players influencing the market are profiled in the study along with their porter's five forces and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are the list of companies for aircraft turbofan market are GE Aviation, Pratt & Whitney, Honeywell International Inc., MTU Aero Engines AG, Aviadvigatel, IAE International Aero Engines AG, Safran Aircraft Engines, Rolls-Royce, CFM International, and KUZNETSOV Design Bureau among others.
The List of Companies
1. GE Aviation
2. Pratt & Whitney
3. Honeywell International Inc.
4. MTU Aero Engines AG
6. IAE International Aero Engines AG
7. Safran Aircraft Engines
9. CFM International
10. KUZNETSOV Design Bureau
Get the Latest COVID-19 Analysis on this market