openPR Logo
Press release

Aviation Gas Turbines Market to Reflect Steady Growth During 2017-2027

07-27-2018 02:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Aviation Gas Turbines Market to Reflect Steady Growth During

The global aviation gas turbine market has been growing tremendously with staggering achievements over the last decade. The market is driven by factors, such as impressively high aircraft production and re-equipment cycles, along with aging fighters, and fighter-bomber aircraft on the military side. Manufacturing and supply chain merger, clubbed with the growing demand for airlines drives growth of the aviation gas turbine market.

Gas turbine engines work on the Brayton cycle. Initially, air is compressed with the compressor and then, fuel and the compressed air are burnt in a combustion chamber known as a combustor. The released hot gasses pass through turbines, which generate energy to run the compressor, fan, and accessories installed on the engine. The exhaust gasses are then released from the turbine at a high velocity, which produces the required thrust. The process of power generation here is similar to that in a steam power plant – the primary difference being that here air is used instead of water. The same engine, when used to power the rotors of the helicopter instead of a propeller is called a turbo-shaft engine. In propeller aircraft engines, the propellers have airfoil shaped blades that generate lift in the forward direction when rotated by the engine. In a jet aircraft, it works on the principle of Newton’s third law of motion, i.e. for every action there is an equal and opposite reaction. In a jet aircraft, the engine produces thrust and hot exhaust gases, which in reaction produce a thrusting force.

Request For Report Sample@

The first generation gas turbine engines were turbojets that sucked air from the front and exhausted it at a high speed from the rear end. Thus, pushing the aircraft in the forward direction. Next came the turbofans, where some amount of air was exhausted without going through the core – thus, producing additional thrust; these are also called ‘bypass jets’ and are more efficient than turbojets. Concurrently, turboprops generate more efficiency with low speed application, where energy from the exhaust was used to drive the propeller after reducing its speed through a gearbox. Aviation gas turbines are used in both civil and military applications, including aero turbo shafts, turbofans, turbojets, turboprops, APUs (auxiliary power units), Missile/UAV engines. The market for turbo fans is expected to witness high growth and consequently, it is forecasted to dominate sales in the aviation gas turbine market. After the turbo fan segment, the aero turbo shaft segment is in line to hold a dominant share of the market.

The global aviation gas turbine market is largely dependent on macroeconomic factors and prevailing trends in the market. Presently, North America holds a relatively large share, and it is estimated to retain its dominance throughout during the forecast period. After North America, Europe holds the second spot in terms of market share, attributing to factors, such as large investments in military forces and the growing requirement for gas turbines – primarily in high-speed propulsion engines in naval planes. The APAC region is forecasted to dominate the market in the coming future, due to a large number of developments in the aircraft division and expansion of commercial planes and military applications.

Aviation Gas Turbines Market:Segmentation

The aviation gas turbines market can be segmented on the basis of application as follows:

Large jet transports

Regional transports (both turboprop and jet)

Business jets

Fighter aircraft

Aviation Gas Turbines Market:Key Trends and Drivers

Rising demand for airlines, growth in aircraft fleet, and innovation are the primary factors that drive the aviation gas turbine market. Aging fighters, bomber-fighters, aging infrastructure and re-equipment cycles are other factors expected to drive the aviation gas turbine market over the forecast period. With research and development in the aviation department, there is a growing demand for latest turbofans, which is estimated to be a key driver for the aviation gas turbine market.

Request For Report Table of Content (TOC):

Aviation Gas Turbines Market: Market Participants

Examples of some of the market participants identified across the value chain include, General Electric, CFM International, Pratt & Whitney Division, Rolls-Royce, Engine Alliance, Avio Aero, International Aero Engines, MTU Aero Engines, Power Jet, Williams International, and Snecma S.A.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aviation Gas Turbines Market to Reflect Steady Growth During 2017-2027 here

News-ID: 1150247 • Views: 159

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases

More Releases for Gas

Acetylene Gas Market
According to a new research report distributed by eSherpa Market Reports titled, Acetylene Gas Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2015-2026, the global Acetylene Gas market was valued at $XXX million in 2020, and is expected to reach $XXX million by 2026, registering a CAGR of XX% from 2015 to 2026. Europe dominated the global Acetylene Gas market in 2020, accounting for one-third share
Global Gas Mixtures Market
Global Gas Mixtures Market – Industry Analysis and Forecast (2018-2026) – by Mixture Type, Storage & Distribution Mode, Manufacturing Process, End-use Industry, and Region. Global Gas Mixtures Market was valued at US$ 30.2Bn in 2017 and is expected to reach US$ 43.2Bn by 2026 at a CAGR of 4.5%. Global gas mixtures market has been developing at a faster pace with the advance creative systems. Factors such as robust growth of the
Oil & Gas Explosion Lawyer
Concerns about gas and oil explosions and worker safety have been at the forefront of Oklahoma state officials’ minds as they continue to investigate a recent Pittsburg County explosion that left five workers dead and 17 with minor injuries. The explosion has shaken a state that is heavily invested in the fuel industry and has been said to be the worst incident of its kind since the Deepwater Horizon tragedy. Oklahoma
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Acetylene Gas Market 2017 - Jinhong Gas, Koatsu Gas, Linde
The report entitled Global Acetylene Gas Market 2017 presents key insights into the global Acetylene Gas market along with the latest up-to-date industry details and forthcoming Acetylene Gas industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Acetylene Gas Market 2017" is to study comprehensive details of the market
Green Vegetables Gas Up
WELTEC BIOPOWER Builds 500-kW Biogas Plant for Vegetable Producer In January 2015, WELTEC BIOPOWER started building an anaerobic digestion plant in Loughgall, Northern Ireland. The customer and operator of the 500-kW plant is the vegetable producer Gilfresh Produce. The enterprise produces numerous field-grown products and processes them into food. "For WELTEC, this is the third plant in Northern Ireland and thus the eleventh in the UK", says Kevin Monson, sales manager