Global Commercial Aero Turbofan Engine Market Insights and Forecast to 2027

The turbofan or fanjet is a type of airbreathing jet engine that is widely used in aircraft propulsion. The word "turbofan" is a portmanteau of "turbine" and "fan": the turbo portion refers to a gas turbine engine which achieves mechanical energy from combustion,[1] and the fan, a ducted fan that uses the mechanical energy from the gas turbine to accelerate air rearwards. Thus, whereas all the air taken in by a turbojet passes through the turbine (through the combustion chamber), in a turbofan some of that air bypasses the turbine.
North America market is estimated to see the CAGR from 2017 to 2025.

Market Analysis and Insights: Global Commercial Aero Turbofan Engine Market
The global Commercial Aero Turbofan Engine market is valued at US$ 26880 million in 2019. The market size will reach US$ 34060 million by the end of 2026, growing at a CAGR of 3.4% during 2021-2026.

Global Commercial Aero Turbofan Engine Scope and Segment
Commercial Aero Turbofan Engine market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Commercial Aero Turbofan Engine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Al/Al-Li
Steel & Alloys
Ti & Alloys
Ni & Alloys
Composites
Others

Segment by Application
Wide Body Aircraft
Narrow Body Aircraft
Others

By Company
GE
Pratt & Whitney
Rolls Royce
Safran
MTU

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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