Press release
Aircraft Engine Market Insights by 2031 & Covid-19 Analysis | General Electric, United Technologies Corporation, Rolls-Royce Holdings plc, Safran, Honeywell International Inc., MTU Aero Engine
Aircraft Engine Market
Read More about Aircraft Engine Market here: https://www.globalinsightservices.com/reports/aircraft-engine-market/
Key Trends
The primary trends in aircraft engine technology are fuel efficiency, emissions reduction, and noise reduction.
Fuel efficiency is being driven by the high cost of fuel and the need to reduce emissions. Engine manufacturers are looking at ways to improve the efficiency of their engines, both in terms of the fuel burned and the amount of thrust generated.
Emissions reduction is a major focus for aircraft engine manufacturers. The aviation industry is working to meet stringent new emissions standards set by the International Civil Aviation Organization (ICAO). These standards are designed to reduce the impact of aviation on the environment.
Key Drivers
The market is driven by various factors, such as the increasing demand for fuel-efficient and lightweight engines, the growing demand for aircraft, and the increasing number of air passengers.
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Market Segments
By Type
• Turboprop
• Turbofan
• Turboshaft
• Piston Engine
By Component
• Compressor
• Turbine
• Gearbox
• Exhaust System
• Fuel System
• Others
By Platform
• Fixed Wing Aircraft
• Rotary Wing Aircraft
• Unmanned Aerial Vehicle
Key Players
• General Electric
• United Technologies Corporation
• Rolls-Royce Holdings plc
• Safran
• Honeywell International Inc.
• MTU Aero Engine
• Pratt & Whitney
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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