Press release
Aircraft Engine Parts Market Size 2021 Global Opportunities, Trends, Share, Regional Overview, Global Growth, And Country Forecast to 2027 | GE Aviation, Safran, Honda Worldwide, Honeywell Aerospace, Rolls Royce Holding
During the projected period of 2021-2027, the "Aircraft Engine Parts Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Aircraft Engine Parts market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.In accordance with the Aircraft Engine Parts, market is set to grow at a CAGR of 5.87% over the forecast period (2021-2027).
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Global Aircraft Engine, Parts and Equipment Market: Overview
The global aircraft engine, parts, and equipment market encompass landing gear, aircraft engines, engine parts, propeller, hydraulic and electric control, rotor, fuselage, and avionics systems. Among them, engines and other component parts account for a significant share in the market. As far as the competitive dynamics are concerned, the market is consolidated with two of the aircraft manufacturing stalwarts – Airbus and Boeing – holding almost half the share.
Top Key players operating in the global Aircraft Engine Parts market are:
GE Aviation, Safran, Honda Worldwide, Honeywell Aerospace, Rolls Royce Holding, United Technologies, Tanis Aircraft Products, Haeco Group, AAR Corporate, DuPont
Recent Development:
In 2017, GE Aviation was awarded a contract by the US army for the production of 2,500 T700 turboshaft engines for the US Army, Navy, Air Force, Marines, Coast Guard, Foreign Military Sales (FMS) and other government agencies.
In 2017, Rolls Royce was awarded a contract by lion Group (Malaysia) of USD 300 Million for the supply of Trent 700 engines
In 2016, Rolls Royce was awarded a contract by China Eastern Airlines (China) of USD 1.7 billion for Trent 700 aircraft engines
Major Aircraft Engine Parts Market Types covered are:
Commercial Aviation
Military Aviation
General Aviation
Others
Major Aircraft Engine Parts Market Applications covered are:
Motors
Fuel Pumps
Others
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Regional Analysis of Global Aircraft Engine Parts market:
The Aircraft Engine Parts Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Aircraft Engine Parts Market
- Chapter 1: outline of Aircraft Engine Parts marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Impact of COVID-19 on the Aircraft Engine Parts Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
Customization Available: Global Aircraft Engine Parts Market
The Global Aircraft Engine Parts Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.
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Market intelligence data may be a global front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customised research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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