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Commercial Aero Turbofan Engine-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Commercial Aero Turbofan Engine market size is expected to reach US$ 29510 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Aero Turbofan Engine in various end use industries. The expanding demands from the Wide Body Aircraft, Narrow Body Aircraft and Others,, are propelling Commercial Aero Turbofan Engine market. High-Bypass Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Bypass Type segment is estimated at % CAGR for the next seven-year period.
North America market is estimated to see the CAGR from 2017 to 2025.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Aero Turbofan Engine, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Aero Turbofan Engine market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Aero Turbofan Engine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Aero Turbofan Engine sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Aero Turbofan Engine covered in this report include GE Aviation, Pratt & Whitney, Rolls-Royce, International Aero Engines, Safran Aircraft Engines, CFM International, Honeywell International, MTU Aero Engines and Engine Alliance, etc.
The global Commercial Aero Turbofan Engine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE Aviation
Pratt & Whitney
Rolls-Royce
International Aero Engines
Safran Aircraft Engines
CFM International
Honeywell International
MTU Aero Engines
Engine Alliance
UEC-Aviadvigatel
Global Commercial Aero Turbofan Engine market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Aero Turbofan Engine market, Segment by Type:
High-Bypass Type
Low-Bypass Type
Global Commercial Aero Turbofan Engine market, by Application
Wide Body Aircraft
Narrow Body Aircraft
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Aero Turbofan Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Aero Turbofan Engine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Commercial Aero Turbofan Engine market size is expected to reach US$ 29510 million by 2029, growing at a CAGR of 5.9% from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Aero Turbofan Engine in various end use industries. The expanding demands from the Wide Body Aircraft, Narrow Body Aircraft and Others,, are propelling Commercial Aero Turbofan Engine market. High-Bypass Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Bypass Type segment is estimated at % CAGR for the next seven-year period.
North America market is estimated to see the CAGR from 2017 to 2025.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Aero Turbofan Engine, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Aero Turbofan Engine market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Aero Turbofan Engine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Aero Turbofan Engine sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Aero Turbofan Engine covered in this report include GE Aviation, Pratt & Whitney, Rolls-Royce, International Aero Engines, Safran Aircraft Engines, CFM International, Honeywell International, MTU Aero Engines and Engine Alliance, etc.
The global Commercial Aero Turbofan Engine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE Aviation
Pratt & Whitney
Rolls-Royce
International Aero Engines
Safran Aircraft Engines
CFM International
Honeywell International
MTU Aero Engines
Engine Alliance
UEC-Aviadvigatel
Global Commercial Aero Turbofan Engine market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Aero Turbofan Engine market, Segment by Type:
High-Bypass Type
Low-Bypass Type
Global Commercial Aero Turbofan Engine market, by Application
Wide Body Aircraft
Narrow Body Aircraft
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Aero Turbofan Engine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Aero Turbofan Engine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Commercial Aero Turbofan Engine Market Overview
1.1 Commercial Aero Turbofan Engine Product Overview
1.2 Commercial Aero Turbofan Engine Market Segment by Type
1.2.1 High-Bypass Type
1.2.2 Low-Bypass Type
1.3 Global Commercial Aero Turbofan Engine Market Size by Type
1.3.1 Global Commercial Aero Turbofan Engine Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Aero Turbofan Engine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Aero Turbofan Engine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Aero Turbofan Engine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Aero Turbofan Engine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Aero Turbofan Engine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Aero Turbofan Engine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Aero Turbofan Engine Sales Breakdown by Type (2018-2023)
2 Global Commercial Aero Turbofan Engine Market Competition by Company
2.1 Global Top Players by Commercial Aero Turbofan Engine Sales (2018-2023)
2.2 Global Top Players by Commercial Aero Turbofan Engine Revenue (2018-2023)
2.3 Global Top Players by Commercial Aero Turbofan Engine Price (2018-2023)
2.4 Global Top Manufacturers Commercial Aero Turbofan Engine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Aero Turbofan Engine Market Competitive Situation and Trends
2.5.1 Commercial Aero Turbofan Engine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Aero Turbofan Engine Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial Aero Turbofan Engine as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Aero Turbofan Engine Market
2.8 Key Manufacturers Commercial Aero Turbofan Engine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Aero Turbofan Engine Status and Outlook by Region
3.1 Global Commercial Aero Turbofan Engine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Aero Turbofan Engine Historic Market Size by Region
3.2.1 Global Commercial Aero Turbofan Engine Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Aero Turbofan Engine Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Aero Turbofan Engine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Aero Turbofan Engine Forecasted Market Size by Region
3.3.1 Global Commercial Aero Turbofan Engine Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Aero Turbofan Engine Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Aero Turbofan Engine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Aero Turbofan Engine by Application
4.1 Commercial Aero Turbofan Engine Market Segment by Application
4.1.1 Wide Body Aircraft
4.1.2 Narrow Body Aircraft
4.1.3 Others
4.2 Global Commercial Aero Turbofan Engine Market Size by Application
4.2.1 Global Commercial Aero Turbofan Engine Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Aero Turbofan Engine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Aero Turbofan Engine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Aero Turbofan Engine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Aero Turbofan Engine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Aero Turbofan Engine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Aero Turbofan Engine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Aero Turbofan Engine Sales Breakdown by Application (2018-2023)
5 North America Commercial Aero Turbofan Engine by Country
5.1 North America Commercial Aero Turbofan Engine Historic Market Size by Country
5.1.1 North America Commercial Aero Turbofan Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Aero Turbofan Engine Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Aero Turbofan Engine Sales in Value by Country (2018-2023)
5.2 North America Commercial Aero Turbofan Engine Forecasted Market Size by Country
5.2.1 North America Commercial Aero Turbofan Engine Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Aero Turbofan Engine Sales in Value by Country (2024-2029)
6 Europe Commercial Aero Turbofan Engine by Country
6.1 Europe Commercial Aero Turbofan Engine Historic Market Size by Country
6.1.1 Europe Commercial Aero Turbofan Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Aero Turbofan Engine Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Aero Turbofan Engine Sales in Value by Country (2018-2023)
6.2 Europe Commercial Aero Turbofan Engine Forecasted Market Size by Country
6.2.1 Europe Commercial Aero Turbofan Engine Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Aero Turbofan Engine Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Aero Turbofan Engine by Region
7.1 Asia-Pacific Commercial Aero Turbofan Engine Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Aero Turbofan Engine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Aero Turbofan Engine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Aero Turbofan Engine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Aero Turbofan Engine Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Aero Turbofan Engine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Aero Turbofan Engine Sales in Value by Region (2024-2029)
8 Latin America Commercial Aero Turbofan Engine by Country
8.1 Latin America Commercial Aero Turbofan Engine Historic Market Size by Country
8.1.1 Latin America Commercial Aero Turbofan Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Aero Turbofan Engine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Aero Turbofan Engine Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Aero Turbofan Engine Forecasted Market Size by Country
8.2.1 Latin America Commercial Aero Turbofan Engine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Aero Turbofan Engine Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Aero Turbofan Engine by Country
9.1 Middle East and Africa Commercial Aero Turbofan Engine Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Aero Turbofan Engine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Aero Turbofan Engine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Aero Turbofan Engine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Aero Turbofan Engine Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Aero Turbofan Engine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Aero Turbofan Engine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE Aviation
10.1.1 GE Aviation Company Information
10.1.2 GE Aviation Introduction and Business Overview
10.1.3 GE Aviation Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE Aviation Commercial Aero Turbofan Engine Products Offered
10.1.5 GE Aviation Recent Development
10.2 Pratt & Whitney
10.2.1 Pratt & Whitney Company Information
10.2.2 Pratt & Whitney Introduction and Business Overview
10.2.3 Pratt & Whitney Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Pratt & Whitney Commercial Aero Turbofan Engine Products Offered
10.2.5 Pratt & Whitney Recent Development
10.3 Rolls-Royce
10.3.1 Rolls-Royce Company Information
10.3.2 Rolls-Royce Introduction and Business Overview
10.3.3 Rolls-Royce Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Rolls-Royce Commercial Aero Turbofan Engine Products Offered
10.3.5 Rolls-Royce Recent Development
10.4 International Aero Engines
10.4.1 International Aero Engines Company Information
10.4.2 International Aero Engines Introduction and Business Overview
10.4.3 International Aero Engines Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 International Aero Engines Commercial Aero Turbofan Engine Products Offered
10.4.5 International Aero Engines Recent Development
10.5 Safran Aircraft Engines
10.5.1 Safran Aircraft Engines Company Information
10.5.2 Safran Aircraft Engines Introduction and Business Overview
10.5.3 Safran Aircraft Engines Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Safran Aircraft Engines Commercial Aero Turbofan Engine Products Offered
10.5.5 Safran Aircraft Engines Recent Development
10.6 CFM International
10.6.1 CFM International Company Information
10.6.2 CFM International Introduction and Business Overview
10.6.3 CFM International Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 CFM International Commercial Aero Turbofan Engine Products Offered
10.6.5 CFM International Recent Development
10.7 Honeywell International
10.7.1 Honeywell International Company Information
10.7.2 Honeywell International Introduction and Business Overview
10.7.3 Honeywell International Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Honeywell International Commercial Aero Turbofan Engine Products Offered
10.7.5 Honeywell International Recent Development
10.8 MTU Aero Engines
10.8.1 MTU Aero Engines Company Information
10.8.2 MTU Aero Engines Introduction and Business Overview
10.8.3 MTU Aero Engines Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 MTU Aero Engines Commercial Aero Turbofan Engine Products Offered
10.8.5 MTU Aero Engines Recent Development
10.9 Engine Alliance
10.9.1 Engine Alliance Company Information
10.9.2 Engine Alliance Introduction and Business Overview
10.9.3 Engine Alliance Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Engine Alliance Commercial Aero Turbofan Engine Products Offered
10.9.5 Engine Alliance Recent Development
10.10 UEC-Aviadvigatel
10.10.1 UEC-Aviadvigatel Company Information
10.10.2 UEC-Aviadvigatel Introduction and Business Overview
10.10.3 UEC-Aviadvigatel Commercial Aero Turbofan Engine Sales, Revenue and Gross Margin (2018-2023)
10.10.4 UEC-Aviadvigatel Commercial Aero Turbofan Engine Products Offered
10.10.5 UEC-Aviadvigatel Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Aero Turbofan Engine Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial Aero Turbofan Engine Industrial Chain Analysis
11.4 Commercial Aero Turbofan Engine Market Dynamics
11.4.1 Commercial Aero Turbofan Engine Industry Trends
11.4.2 Commercial Aero Turbofan Engine Market Drivers
11.4.3 Commercial Aero Turbofan Engine Market Challenges
11.4.4 Commercial Aero Turbofan Engine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Aero Turbofan Engine Distributors
12.3 Commercial Aero Turbofan Engine Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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