Press release
Global Wide-body Aircraft Engine Market Analysis To Grow At CAGR Of 3.25% Over period 2017-2021
Wide-body aircraft mostly consist of two or four engines and are known as twin-aisle aircraft. Wide-body jet engines have undergone a tremendous transformation over the past few years with the evolution of turbofan engines and implementation of strategies that support fuel economy. The demand for wide-body aircraft is not as high as narrow bodies owing to the latter's demand in the rising domestic airlines and their better working efficiency. However, many companies are investing in developing medium wide-body aircraft to meet the growing passenger traffic.
Technavios analysts forecast the global wide-body aircraft engine market to decline at a CAGR of (3.25%) during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global wide-body aircraft engine market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Wide-body Aircraft Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
GE Aviation
Pratt & Whitney
Rolls-Royce
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Market driver
Increase in passenger traffic
For a full, detailed list, view our report
Market challenge
Cost-intensive production
For a full, detailed list, view our report
Market trend
Implementation of noise reduction technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
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PART 06: Market segmentation by application
Global wide-body aircraft engine market segmentation by application
Global small and medium wide-body aircraft engine market
Global large wide-body aircraft engine market
PART 07: Geographical segmentation
Geographical segmentation of global wide-body aircraft engine market
Wide-body aircraft engine market in EMEA
Wide-body aircraft engine market in APAC
Wide-body aircraft engine market in Americas
PART 08: Decision framework
PART 09: Drivers and Challenges
Market drivers
Market challenges
PART 10: Market trends
Implementation of noise reduction technology
Advancement in biofuel technologies to alternative conventional jet fuel
Emergence of more electric aircraft featuring liquid cooling mechanism
PART 11: Vendor landscape
Competitive landscape
PART 12:
GE Aviation
Pratt & Whitney
Rolls-Royce
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