Global commercial aircraft gas turbine engine market to grow at CAGRs of 5.85% in terms of revenue and 5.78% in terms of unit sales over the period 2014-2019

Aircraft are either powered by piston engines or gas turbine engines. Gas turbine engines are further classified as turbojets, turboprops, and turbofans. Commercial aircraft are mostly powered by turbojets or turbofans. Turbojets are primarily used in small transport aircraft. Turbofans are more efficient than turboprops and are found in many modern commercial aircraft.

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Technavio's analysts forecast the global commercial aircraft gas turbine engine market to grow at CAGRs of 5.85% in terms of revenue and 5.78% in terms of unit sales over the period 2014-2019.

Covered in this Report

This report covers the current scenario and growth prospects of the global commercial aircraft gas turbine engine market for the period 2015-2019. It provides a global overview and growth prospects by regions (APAC, EMEA, and the Americas). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. Also, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

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Technavio's report, Global Commercial Aircraft Gas Turbine Engine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and the Americas. The report also includes a discussion of the key vendors operating in this market.

Key Regions

• Americas

• APAC

• EMEA

Key Vendors

• CFM International

• General Electric

• Pratt & Whitney Division

• Rolls-Royce

Other Prominent Vendors

• Avio Aero

• Engine Alliance

• International Aero Engines

• MTU Aero Engines

• NPO Saturn

• Power Jet

• Snecma

• Williams International

Market Driver

• Growth in Airline Fleets and New Models of Aircraft

• For a full, detailed list, view our report

Market Challenge

• Increase in Exclusivity of Engines on New Aircraft

• For a full, detailed list, view our report

Market Trend

• Introduction of Total Care Programs

• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 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?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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