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Aviation Gas Turbine Market Report 2023 - Market Size, Industry Analysis, Key Trends And Forecast To 2032 | GE Aerospace, CFM International, Pratt & Whitney, Rolls-Royce, Avio Aero
Aviation Gas Turbine Market
Aviation Gas Turbine Market Size, Growth Rate, And Forecast
The global aviation gas turbine market size is expected to grow from $10.03 billion in 2022 to $10.82 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine have disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aviation gas turbine market size is expected to reach $14.01 billion in 2027 at a CAGR of 6.7%.
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Aviation Gas Turbine Market Drivers
The increasing numbers of global travelers are expected to propel the growth of the aviation gas turbine market. Global travelers refer to someone who frequently travels abroad or moved from one location to another location.
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Aviation Gas Turbine Market Segments
1. By Type: Turbojet, Turbofan, Turboprop, Other Types.
2. By Propulsion: Electric Based Commercial Aircraft, Special Fuel Based Commercial Aircraft.
3. By Application: Commercial Aircraft, Defense Aircraft, Business Aircraft, Other Applications.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aviation Gas Turbine market.
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Aviation Gas Turbine Market Key Players
Major competitors in the aviation gas turbine market include GE Aerospace, CFM International, Pratt & Whitney, Rolls-Royce, Avio Aero, Engine Alliance, International Aero Engines AG.
The Business Research Company's "Global Aviation Gas Turbine Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aviation Gas Turbine Market Include:
1. Executive Summary
2. Aviation Gas Turbine Market Characteristics
3. Aviation Gas Turbine Market Trends And Strategies
4. Aviation Gas Turbine Market - Macro Economic Scenario
5. Aviation Gas Turbine Market Size And Growth
……
26. Africa Aviation Gas Turbine Market
27. Aviation Gas Turbine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aviation Gas Turbine Market
29. Aviation Gas Turbine Market Future Outlook and Potential Analysis
30. Appendix
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