Aircraft Engine Parts Market Size, Status and Forecast 2021- GE Aviation, Safran, Honda Worldwide, Honeywell Aerospace

This report discusses many vital industry facets that influence Global Aircraft Engine Parts industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.

Aircraft Engine Parts Market size Projected to reach USD 1.25 trillion by 2027, exhibiting a CAGR of 4.1% over the forecast period

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: GE Aviation, Safran, Honda Worldwide, Honeywell Aerospace, Rolls Royce Holding, United Technologies, Tanis Aircraft Products, Haeco Group, AAR Corporate, DuPont

Latest Update and Developments

GKN AEROSPACE STARTS SHIPPING ENGINE COMPONENTS FROM NEW FACILITY IN JOHOR, MALAYSIA- GKN Aerospace has shipped the first aero-engine components from its site in Johor, Malaysia. The CFM56 low-pressure compressor components have been delivered to an Asian engine MRO service provider.

Rolls-Royce reaches new milestone as world’s largest aero-engine build starts- Rolls-Royce has officially started building the world’s largest aero-engine, UltraFan®, which will help redefine sustainable air travel for decades to come.

GE Aircraft Engines Launches Redesigned Web Site; Site Provides More Information Than Ever Before- GE Aircraft Engines (GEAE) has launched a redesigned Web site that features a new look, improved navigation and additional information on products and services.

Market Overview

The global aircraft engine, parts, and equipment market can be segmented by aircraft type into military aircrafts – comprising of helicopters, their engines, and engine parts, commercial aircrafts – comprising of wide body aircrafts and narrow body aircrafts, rotary aircrafts – consisting of helicopters, and general aviation – consisting of small business jets and planes. It also encompasses turbofan or turbojet, turboprop, single engine piston, and multi-engine piston that form a part of these aircrafts.

The market for aerospace part manufacturing is primarily concentrated in North America and Europe, owing to the presence of major aircraft manufacturers. China and India are expected to emerge as the leading markets in the forthcoming years, owing to the rapid growth of aircraft part manufacturing and export activities. The global trade in components and sub-assemblies has increased by approximately 25% during the past decade. However, the sector still remains consolidated with the top 3 countries including U.S., Germany, and France, accounting for over 60% of the total aircraft manufacturing.

Aircraft Engine Parts Market Segmentation:

Breakdown Data by Type

Motors

Fuel Pumps

Others

Aircraft Engine Parts Breakdown Data by Application

Commercial Aviation

Military Aviation

General Aviation

Others

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Aircraft Engine Parts market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Aircraft Engine Parts industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Aircraft Engine Parts market research includes the methodical description of the various factors such as the market growth and detailed information about the different company’s revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Aircraft Engine Parts Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Aircraft Engine Parts market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Aircraft Engine Parts market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Aircraft Engine Parts Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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