Commercial Aircraft Engines Market 2021 Business Scenario – General Electric Company, Safran SA, Rolls-Royce Holdings PLC, Honeywell International Inc., United Engine Corporation (Rostec)

The Commercial Aircraft Engines Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The commercial aircraft engines market is expected to exhibit a growth rate of more than 4% during the forecast period.

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Top Leading Companies of Commercial Aircraft Engines Market are General Electric Company, Safran SA, Rolls-Royce Holdings PLC, Honeywell International Inc., United Engine Corporation (Rostec), Pratt & Whitney (United Technologies Corporation), MTU Aero Engines AG, CFM International, IHI Corporation, Williams International, Mitsubishi Heavy Industries and others.

Key Market Trends

Asia-Pacific To Exhibit The Highest Growth Rate

The aviation industry in Asia-Pacific region, particularly in India and China is expected to exhibit a significant growth rate during and beyond the forecast period. The collaboration and joint development initiatives in engine manufacturing, MRO services, etc. by foreign players such as Safran, General Electric, Rolls Royce, etc. is strengthening the commercial engines market in the region. China would need more than 7500 commercial aircrafts by 2030 to cater to the need of growing domestic air passenger traffic comprising primarily of middle class people. In May 2020, Rolls Royce offered Commercial Aircraft Corporation of China Limited (COMAC) to build a variant of Trent 7000 engine in partnership with Aero Engine Corporation Of China for the new CR929 wide body aircraft. In 2018, Boeing's new plant in Zhoushan in China delivered first 737 Max aircraft to Air China and the production is expected to grow during the forecast period. The aviation manufacturing industry in Asia-Pacific region holds a very promising future due to booming aviation industry that includes new airport development, new route operations, low cost labour, etc.

Regional Outlook of Commercial Aircraft Engines Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Commercial Aircraft Engines Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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