Press release
Aircraft Engine Blade Global Market Size, Share, Growth, Trends, By Blade Type, By Application, By Material, Industry Analysis And Forecast 2023-2032 | CFM International, GE Aviation, Rolls-Royce Holdings plc., MTU Aero Engines AG, Doncasters Group Limite
Aircraft Engine Blade Market
Aircraft Engine Blade Market Size, Growth Rate, And Forecast
The global aircraft engine blade market size is expected to grow from $14.20 billion in 2022 to $15.40 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war 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 aircraft engine blade market size is expected to reach $20.86 billion in 2027 at a CAGR of 7.9%.
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Aircraft Engine Blade Market Drivers
The surge in adopting cost-effective and fuel-efficient aircraft is expected to propel the growth of the aircraft engine blade market going forward. Cost-effective and fuel-efficient aircraft are designed to reduce operating costs and improve environmental sustainability, and they are equipped with advanced technologies to enhance fuel efficiency, reduce emissions, and lower maintenance costs.
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Aircraft Engine Blade Market Segments
• By Blade Type: Compressor Blades, Turbine Blades, Fan Blades
• By Aircraft Type: Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft
• By Blade Size: 0-20, 21-40, 41-60
• By Material: Titanium, Nickle Alloy, Composites, Other Materials
• By End User: Original Equipment Manufacturer (OEM), Aftermarket
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aircraft Engine Blade market.
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Aircraft Engine Blade Market Key Players
Major competitors in the Aircraft Engine Blade market include CFM International, GE Aviation, Rolls-Royce Holdings plc., MTU Aero Engines AG, Albany International Corporation, Doncasters Group Limited, Safran S.A., IHI Corporation, Farinia S.A., Raytheon Technologies Corporation, General Electric Company, AeroEdge Co. Ltd., Collins Aerospace, GKN Aerospace, and Honeywell Aerospace.
The Business Research Company's "Global Aircraft Engine Blade 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 Aircraft Engine Blade Market Include:
1. Executive Summary
2. Aircraft Engine Blade Market Characteristics
3. Aircraft Engine Blade Market Trends And Strategies
4. Aircraft Engine Blade Market - Macro Economic Scenario
5. Aircraft Engine Blade Market Size And Growth
.....
26. Africa Aircraft Engine Blade Market
27. Aircraft Engine Blade Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Engine Blade Market
29. Aircraft Engine Blade Market Future Outlook and Potential Analysis
30. Appendix
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