Global Aircraft Turbofan Engine Market 2022-2027

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    GLOBAL AIRCRAFT TURBOFAN ENGINE MARKET

     

    INTRODUCTION

    The turbofan engine market is dominated by a few largely Western, competitors. In order of market share, these are General Electric, Rolls-Royce, Pratt and Whitney.

     

     CFM International is a joint venture between General Electric and Safran of France. Pratt & Whitney also has an International Aero Engines joint venture with Japanese Aeroengine Corporation and MTU Aero Engines of Germany. 

     

    Infographic: Aircraft Turbofan Engine Market, Aircraft Turbofan Engine Market Size, Aircraft Turbofan Engine Market Trends, Aircraft Turbofan Engine Market Forecast, Aircraft Turbofan Engine Market Risks, Aircraft Turbofan Engine Market Report, Aircraft Turbofan Engine Market Share

     

    Engine Alliance is a joint venture between Pratt & Whitney and General Electric that sells engines for airplanes such as the Airbus 380. Others in the aviation engine manufacturing industry include Honeywell Aerospace, as well as Russian and Chinese firms.

     

    The vast majority of engine manufacturers provide engines for both civil and military aircraft. 

     

    GLOBAL AIRCRAFT TURBOFAN ENGINE MARKET SIZE AND FORECAST 

    The accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027. 

     

    NEW PRODUCT LAUNCH 

    General Electric (GE.N) and Safran (SAF.PA) of France have announced plans to test-build an open-bladed jet engine capable of reducing fuel consumption and emissions , as they extend their historic CFM International joint venture by a decade .

     

    The “RISE” engine, which is positioned as a possible successor to the “LEAP” variant used on the Boeing 737 MAX and certain Airbus A320 neo, will have an open-rotor design with visible fan blades and might reach service .

     

    The hybrid-electric propulsion system will be capable of running on 100 percent sustainable fuel or hydrogen, an energy source preferred by Airbus (AIR.PA) for future projects.

     

    The development of next-generation turbogenerator technology, on which compact engines to power hybrid-electric aircraft would be based, was announced by Rolls-Royce.

     

    With its scalable design, the new turbogenerator technology Rolls-Royce is developing will be able to meet power requirements of 500 to 1200 kW. Its turbogenerators can be utilised to either directly power propellers or recharge batteries after takeoff.

     

    They’ll be the industry’s top supplier of all-electric and hybrid-electric propulsion and power systems for advanced air mobility, and they’ll gradually expand this technology up to larger platforms.

     

    We are considering providing our customers with the full range of sustainable solutions as part of our overall business plan. By using their turbogenerator technology, electric flight can cover longer journeys. As a result, more passengers will be able to fly farther on low- to net-emissions aircraft, advancing hybrid-electric flight.

     

    After the corporation purchased Siemens’ electric and hybrid-electric aerospace propulsion operations in 2019, Rolls-Royce Electrical was established. The company is already collaborating with Tecnam of Italy on the P-Volt, an all-electric variant of the P2012 commuter.

     

    To create designs for an electric regional aeroplane, it also collaborates with Embraer and the Norwegian carrier Wideroe. King Air-sized commercial aircraft might also employ its latest turbogenerators.

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

    1. What is the average cost per Global aircraft turbofan engine market right now and how will it change in next 5-6 years?
    2. The average cost to set up a Global aircraft turbofan engine market in US, Europe and China?
    3. How many Global aircraft turbofan engine market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a Global aircraft turbofan engine market and key vendor selection criteria
    6. Where is the Global aircraft turbofan engine market manufactured? What is the average margin per equipment?
    7. Market share of Global aircraft turbofan engine market manufacturers and their upcoming products
    8. The most important planned Global aircraft turbofan engine market  in next 2 years
    9. Details on network of major Global aircraft turbofan engine market and pricing plans
    10. Cost advantage for OEMs who manufacture Global aircraft turbofan engine market  in-house
    11. 5 key predictions for next 5 years in Global aircraft turbofan engine market
    12. Average B-2-B Global aircraft turbofan engine market price in all segments
    13. Latest trends in Global aircraft turbofan engine market , by every market segment
    14. The market size (both volume and value) of Global aircraft turbofan engine market in 2022-2027 and every year in between?
    15. Global production breakup of Global aircraft turbofan engine market , by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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