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Global Commercial Aircraft Gas Turbine Engine Market 2017-2021

Global Commercial Aircraft Gas Turbine Engine Market 2017-2021

About Commercial Aircraft Gas Turbine Engine

Aircraft are powered by piston engines or gas turbine engines. Gas turbine engines are classified into turbojet, turboprop, and turbofan engines. Commercial aircraft are mostly powered by a turbojet engine or a turbofan engine. Turbojets are mainly used in small transport aircraft. Turbofans are more efficient than turboprops and are used in many modern commercial aircraft. Turboprops are mainly used in regional jets that cover shorter distances and have fewer passengers onboard.

Technavio’s analysts forecast the global commercial aircraft gas turbine engine market to grow at a CAGR of 5.40% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial aircraft gas turbine engine market for 2017-2021. To calculate the market size, the report considers the new installations of commercial aircraft gas turbine engines during the forecast period.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Aircraft Gas Turbine Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • CFM International
  • GE Aviation
  • IAE
  • Pratt & Whitney
  • Rolls-Royce
Other prominent vendors
  • Aviadvigatel
  • Engine Alliance
  • Lycoming
  • MTU Aero Engines
  • PowerJet
Market driver
  • Advances in existing gas turbine engine technology
  • For a full, detailed list, view our report
Market challenge
  • High cost of material
  • For a full, detailed list, view our report
Market trend
  • Emergence of 3D printed engine components
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Aircraft Gas Turbine Engine Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial aircraft gas turbine engine market: CFM International, GE Aviation, IAE, Pratt & Whitney, and Rolls-Royce.

Other Prominent Vendors in the market are: Aviadvigatel, Engine Alliance, Lycoming, MTU Aero Engines, and PowerJet.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is emergence of 3D printed engine components. The 3D printing process, also known as additive manufacturing, involves synthesizing successive layers of materials with the support of computerized control technology or computer-aided design (CAD) to produce an object or component. This process permits producers to manufacture small and micro-components of almost any shape or size. It also allows manufacturers to reduce the overall weight of the components such as those of an aircraft engine. This advanced printing method allows cost-efficient and just-in-time production of parts and components while permitting quick design and rapid alteration of internal features of the components, which would not be possible with traditional manufacturing methods.”

According to the report, one of the major drivers for this market is advances in existing gas turbine engine technology. The primary intent of aircraft operators/airlines is to ensure an operational engine that can reflect increased fuel efficiency while lowering the overall cost incurred during operation or maintenance. For the airlines, the maintenance and overhauling of aero-engine parts and components incur significant costs, and this will have a significant impact on the operational costs. Therefore, emphasis has been laid on choosing advanced materials that can help extend the durability and service life of an operational engine while ensuring efficient performance.

Further, the report states that one of the major factors hindering the growth of this market is high cost of material. Modern jet engines have enabled the development of large and efficient commercial aircraft, which have subsequently transformed the air transportation industry. These engines comprise several critical components, including a combustion chamber, multistage compressor, nozzle, and turbine. The aircraft engines components, such as the turbine blades and vanes, are strong, corrosion-resistant, and lightweight. Such features enable them to operate under high stress and temperature conditions. These components must remain operational for the entire lifetime of the engine (typically 10,000 flights).

Companies Mentioned

CFM International, GE Aviation, IAE, Pratt & Whitney, and Rolls-Royce. Other Prominent Vendors in the market are: Aviadvigatel, Engine Alliance, Lycoming, MTU Aero Engines, and PowerJet.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global commercial aircraft manufacturing market 2016-2021 ($ billions)
      • Table Key components of a turbojet engine
      • Table Key components of a turboprop engine
      • Table Key components of a turbofan engine
      • Table Basic module selection for new generation turbofan engine
      • Table Commonly installed components in a commercial aircraft engine
      • Table Working principles of a gas turbine engine (Brayton cycle)
      • Table Key product offerings of major vendors
      • Table Engine options for key Airbus aircraft
      • Table Engine options for key Boeing aircraft
      • Table Engine options for key Bombardier aircraft
      • Table Engine options for Commercial Aircraft Corporation of China (COMAC) aircraft
      • Table Engine options for key Embraer aircraft
      • Table Engine options for Mitsubishi aircraft
      • Table Emerging Chinese aerospace industry
  • Market landscape
    • Market overview
      • Table Segmentation of global commercial aircraft gas turbine engine market
    • Market size and forecast
      • Table Global commercial aircraft gas turbine engine market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market segmentation of global commercial aircraft gas turbine engine market by application
      • Table Global commercial aircraft gas turbine engine market by application 2016 and 2021 (%)
      • Table Global commercial aircraft gas turbine engine market by application 2016-2021 ($ billions)
      • Table Global commercial aircraft turbine engine market by application 2016-2021 (unit sales)
    • Global narrow-body aircraft gas turbine engine market
      • Table Global narrow-body aircraft gas turbine engine market 2016-2021 ($ billions)
      • Table Engine market share by key vendors in narrow-body segment 2016 (% by operational engines)
    • Global wide-body aircraft gas turbine engine market
      • Table Global wide-body aircraft gas turbine engine market 2016-2021 ($ billions)
      • Table Airbus 380 firm orders as of May 2017 (units)
      • Table Engine share by key vendors in wide-body segment 2016 (% by operational engine)
    • Global regional jets gas turbine engine market
      • Table Global regional jets gas turbine engine market 2016-2021 ($ billions)
      • Table Engine share by key vendors in regional segment 2016 (% by operational engine)
  • Geographical segmentation
    • Geographical segmentation of global commercial aircraft gas turbine engines market
      • Table Geographical segmentation of global commercial aircraft gas turbine engine market 2016 and 2021 (%)
      • Table Geographical segmentation of global commercial aircraft gas turbine engine market 2016-2021 ($ billions)
    • Commercial aircraft gas turbine engine market in APAC
      • Table Commercial aircraft gas turbine engine market in APAC 2016-2021 ($ billions)
      • Table Commercial aircraft gas turbine engine market in APAC by application 2016-2021 (unit sales)
      • Table Commercial aircraft gas turbine engine market in APAC by application 2016 and 2021 ($ billions)
    • Commercial aircraft gas turbine engine market in EMEA
      • Table Commercial aircraft gas turbine engine market in EMEA 2016-2021 ($ billions)
      • Table Commercial aircraft gas turbine engine market in EMEA by application 2016-2021 (unit sales)
      • Table Commercial aircraft gas turbine market in EMEA by application 2016 and 2021 ($ billions)
    • Commercial aircraft gas turbine engines market in the Americas
      • Table Commercial aircraft gas turbine engine market in the Americas 2016-2021 ($ billions)
      • Table Commercial aircraft gas turbine engine market in the Americas by application 2016-2021 (unit sales)
      • Table Commercial aircraft gas turbine engine market in the Americas by application 2016 and 2021 ($ billions)
  • Market share by key engines sales
    • Market share: Key engines sales
      • Table Commercial aircraft gas turbine engine market: Key engines sales in 2016 (%)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Airbus and Boeing's orders for commercial aircraft in 2016 (%)
      • Table LEAP engines orders 2016-2021 (units)
    • Market challenges
  • Market trends
    • Emergence of 3D printed engine components
      • Table Key features of using 3D printing technology in aircraft engine manufacturing
      • Table Comparisons between 3D printing and conventional manufacturing technologies
    • Use of nano-coating and ceramic matrix composites
    • Biofuel an alternative to conventional jet fuel
      • Table Comparison between jet fuel and biofuel
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors of commercial aircraft gas turbine engines 2016 (based on total number of operational engines) (%)
    • CFM International
    • GE Aviation
      • Table GE Aviation: Business segmentation by revenue 2016 (%)
    • IAE
    • Pratt & Whitney
    • Rolls-Royce
      • Table Rolls-Royce: Business segments by revenue 2016 (%)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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