Asia Pacific Aeroengine Fan Blades Market Outlook and Strategic Insights by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Asia Pacific Aeroengine Fan Blades Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Engine Type (Turbofan Aeroengine, Turboprop Aeroengine, and Turbojet Aeroengine); Material Type (Titanium Alloys, Aluminum Alloys, Steel, and Composites)

  • Report Date : Jun 2020
  • Report Code : TIPRE00011467
  • Category : Aerospace and Defense
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 88
Page Updated: Jun 2020

The aeroengine fan blades market in APAC was valued at US$ 1,059.6 million in 2019 and is projected to reach US$ 1,571.6 million by 2027; it is expected to grow at a CAGR of 5.2 % from 2020 to 2027.

The market in APAC has been analyzed on the basis of historical, current, and future trends in various countries in the region. The aeroengine fan blades market players in this region are experiencing significant demand for their products due to continuous developments in the infrastructure of the aerospace sector, as well as owing to the growing demand for aircraft across the region. Huge population with a wide range of income levels,as well as strong growth in their spending, is among the major factors influencing the aviation industry in the region. The presence of a large number of dynamic developing economies in APAC has been supporting the growth of the aviation industry. As per the data from IATA, Asia Pacific witnessed an increase of 8.7% in the airways passenger traffic in 2018,over that in 2017. This is further generating greater demand for aeroengine fan blades. Furthermore, Japan and China are among the leading countries in the APAC aeroengine fan blades market. The significant demand for the fan blades in these countries is mainly due to the steep rise in the government investmentsin the development of the aerospace & defense sector.

Asia-Pacific Aeroengine Fan Blades Market Revenue and Forecast to 2027 (US$ Mn)

Asia-Pacific Aeroengine Fan Blades Market
  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Asia-PacificAeroengine Fan Blades Market Segmentation

Asia-PacificAeroengine Fan Blades Market, by Engine Type

  • Turbofan Aeroengine
  • Turboprop Aeroengine
  • Turbojet Aeroengine


Asia-PacificAeroengine Fan Blades Market, by Material Type

  • Titanium Alloys
  • Aluminum Alloys
  • Steel
  • Composites


Asia-PacificAeroengine Fan Blades Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC


Asia-PacificAeroengine Fan Blades Market -Companies Mentioned

  • Chaheng Precision Co. Ltd.
  • GE Aviation
  • GKN Aerospace Services Limited
  • IHI Corporation
  • MTU Aero Engines AG
  • Rolls-Royce Holdings plc
  • Safran S.A.

Asia Pacific Aeroengine Fan Blades Report Scope

Report Attribute Details
Market size in 2019 US$ 1,059.6 Million
Market Size by 2027 US$ 1,571.6 Million
Global CAGR (2020 - 2027) 5.2 %
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Engine Type
  • Turbofan Aeroengine
  • Turboprop Aeroengine
  • Turbojet Aeroengine
By Material Type
  • Titanium Alloys
  • Aluminum Alloys
  • Steel
  • Composites
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Chaheng Precision Co. Ltd.
  • GE Aviation
  • GKN Aerospace Services Limited
  • IHI Corporation
  • MTU Aero Engines AG
  • Rolls-Royce Holdings plc
  • Safran S.A
Naveen Chittaragi
Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
  • PEST and SWOT Analysis
  • Market Size Value / Volume - Global, Regional, Country
  • Industry and Competitive Landscape
  • Excel Dataset

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