The aeroengine fan blades market in Europe was valued at US$ 2,079.6 Mn in 2019 and is projected to reach US$ 3,379.2 Mn by 2027; it is expected to grow at a CAGR of 6.4% from 2020 to 2027.
Europe includes various well-established economies such as France, Germany, Russia, the UK, and Italy. These are developed and technologically advanced economies with a robust aerospace manufacturing sector. The governments of these countries have been taking various initiatives to developthe aerospace industryinfrastructure, as well as to bring advancements inother industries in the region. High GDP of the countries reflect into higher individual incomes, thereby encouraging higher standards of living. Strong inclination toward air travel has resulted in significant growth in the air passenger traffic across the region. The demand for commercial aircraft, jets, and business aircraft has escalated remarkably over the years in the European countries owing to the steady passenger growth. Furthermore, the presence of prominent aircraft manufacturers in the region boosts the aircraft providers in the region to meet the growing requirement of customers. Similarly, initiatives of the European Union toward the autonomy of the defense manufacturing, as well as the presence of robust aerospace manufacturing sector in Europe, is anticipated to boost the growth prospects of the aeroengine fan blades market in the region in the coming years.
Europe Aeroengine Fan Blades Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Aeroengine Fan Blades Market Segmentation
Europe Aeroengine Fan Blades Market, by Engine Type
- Turbofan Aeroengine
- Turboprop Aeroengine
- Turbojet Aeroengine
Europe Aeroengine Fan Blades Market, by Material Type
- Titanium Alloys
- Aluminum Alloys
- Steel
- Composites
Europe Aeroengine Fan Blades Market, by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Aeroengine Fan Blades Market -Companies Mentioned
- Chaheng Precision Co. Ltd.
- GE Aviation
- GKN Aerospace Services Limited
- IHI Corporation
- MTU Aero Engines AG
- Pratt & Whitney
- Rolls-Royce Holdings plc
- Safran S.A.
Europe Aeroengine Fan Blades Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 2,079.6 Million |
| Market Size by 2027 | US$ 3,379.2 Million |
| Global CAGR (2020 - 2027) | 6.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Engine Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
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The List of Companies - Europe Aeroengine Fan Blades Market
- Chaheng Precision Co. Ltd.
- GE Aviation
- GKN Aerospace Services Limited
- IHI Corporation
- MTU Aero Engines AG
- Pratt & Whitney
- Rolls-Royce Holdings plc
- Safran S.A
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