Global Commercial Aviation Turbofan Engines Market Research Report 2021

The turbofan engine is a type of airbreathing jet engine, broadly used as an aircraft propulsion system. 
The Global Commercial Aircraft Turbofan engines market has been in the super-cruise mode propelled by one of the longest aviation super-cycle being driven by strong tailwinds with strong demand drivers and favorable macroeconomic factors. The engine manufacturers, buoyed by the huge order backlog & visibility of order book positions, are ramping up production output to meet delivery timelines with some transitioning from the production of previous generation engines to latest engine programs. The same is likely to translate into significant top-line growth for the industry over the next decade. Next-generation aviation turbofan engines, featuring a high bypass ratio and extensive usage of technological innovations from the competing engine powerhouses have just entered service over the recent years, are proving their mettle in grueling, active duty service and are likely to form a major chunk of new deliveries over medium term given the composition of order backlog across aircraft OEMs.

Market Analysis and Insights: Global Commercial Aviation Turbofan Engines Market
The global Commercial Aviation Turbofan Engines market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Commercial Aviation Turbofan Engines Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Commercial Aviation Turbofan Engines Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
High-Bypass Turbofan Engines
Low-Bypass Turbofan Engines

Segment by Application
Narrowbody Aircraft
Widebody Aircraft

By Company
GE Aviation
Pratt & Whitney
Rolls-Royce
United Aircraft Corporation (UAC)
Safran S.A. (CFM International)
Honeywell
MTU Aero Engines
IHI Corporation

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

Frequently Asked Questions