The Global Military Aircraft Engines Market 2018-2028
Summary
The expenditure on military aircraft engines sector is expected to be driven by the need to replace aging aircraft and rotorcraft fleets, growing geopolitical rivalry, and engine refit and replacement programs.
Scope
The global military aircraft engines market, valued at US$10.8 billion in 2018, is projected to grow at a CAGR of 4.47% over the forecast period, to reach US$16.7 billion by 2028 and cumulatively value US$146.4 billion.
The market consists of four categories: combat aircraft engines, transport aircraft engines, rotorcraft engines, and other aircraft engines.
- The market is expected to be dominated by the combat aircraft engines segment, which will account for 60.3% of the market, followed by transport aircraft engines, and rotorcraft engines segments with shares of 17.4% and 13.9% respectively.
- North America is forecasted to dominate among the regions in the sector with a share of 37.1%, followed by the Asia Pacific and Europe, with shares of 24.1% and 21.6% respectively.
Reasons to buy
- Determine prospective investment areas based on a detailed trend analysis of the global military aircraft engine market over the next ten years- Gain in-depth understanding of the underlying factors driving demand for different military aircraft engine segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global military aircraft engine market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military aircraft engine market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top military aircraft engine solution providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
View full report: Aircraft Engines Market
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