The Global Aircraft Engine Market is projected to reach USD 140.17 Billion by 2028, growing at a CAGR of 6.2% during a forecast period. Aircraft engines are primary propulsion devices that produce the necessary thrust to generate lift for the aircraft to fly. These engines were synonymous in design to reciprocating engines used in automobiles but in the present world, a shift from reciprocating engines to jet engines has been observed. Turbofan engines are the most common type of jet engines used in commercial aircraft, owing to their high bypass ratio and fuel efficiency. Manufacturers of aircraft engines are continuously engaged in innovating such systems in order to reduce the overall weight and improve fuel efficiency and performance.

Companies Covered: Continental Motors Group, Safran Aircraft Engines, General Electric Co., Pratt & Whitney (United Technologies Corporation), IAE International Aero Engines AG, United Engine Corporation, Rolls-Royce plc, Motor Sich JSC, AVIC Aircraft, Corporation Ltd., Aero Engine Corporation of China, MTU Aero Engines AG, Barnes Group Inc., Honeywell International Inc.

Reasons To Buy This Report:
• Market size estimation of the global aircraft engine market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market