2026 Global: Commercial Aircraft Engines Market-Competitive Review (2032) report
Description
The 2026 Global: Commercial Aircraft Engines Market-Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for commercial aircraft engines market by geography and historical trend. The scope of the report extends to sizing of the commercial aircraft engines market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The commercial aircraft engines market is dominated by a tight oligopoly of major players, with CFM International, General Electric (GE) Aerospace, Pratt & Whitney, and Rolls-Royce collectively holding nearly 99% of the global share, driven by high barriers to entry like massive R&D costs and technological complexity. CFM International, a 50-50 joint venture between GE and Safran Aircraft Engines, leads with about 39% market share, powering 72% of the world's active narrowbody fleet via its CFM56 and LEAP engines on Boeing 737 MAX, Airbus A320neo, and COMAC C919. Pratt & Whitney (RTX subsidiary) follows at around 26-35%, excelling in narrowbody and geared turbofan (GTF) technology like the PW1000G series for Airbus A320neo, A220, Embraer E2, and MC-21, with over 85,000 engines in service. GE Aerospace commands 14-55% when including CFM, dominating widebodies with 52% of in-service fleet and engines like GE9X (world's most powerful at 134,300 lbs thrust) for Boeing 777X, 777, 787, and 747-8. Rolls-Royce, at 12-18%, focuses on widebodies with Trent engines for Airbus A330, A350, A380, and Boeing 777/787, emphasizing high-bypass ratios and sustainability.
Rounding out the top ten are key contributors through partnerships, components, and niche roles in the turbofan-dominated market (99.7% share). Safran Aircraft Engines (France), CFM's other half and formerly Snecma, provides critical M-series tech and powers Airbus via LEAP, bolstering Europe's 26% regional lead. Honeywell Aerospace supplies auxiliary power units, avionics-integrated engines, and turboprops, enhancing efficiency in commercial fleets. MTU Aero Engines (Germany) excels in development, manufacturing, and MRO for civil engines, partnering on Trent and GE9X for sustainability. IHI Corporation (Japan) contributes fan modules and low-emission tech for widebodies, supporting Asia-Pacific growth. Engine Alliance, a GE-Pratt joint venture, delivers GP7200 for Airbus A380, bridging the giants' portfolios. These firms invest heavily in hybrid-electric propulsion and sustainable fuels amid rising demand for fuel-efficient turbofans on narrowbodies like B737/A320, which hold 55% market segment.
This top ten sustains innovation amid post-pandemic recovery, with North America (81% regional share via GE/Pratt) and Asia-Pacific (fastest-growing) fueling expansion to $279 billion by 2032. Backlogs show GE/CFM at 54% of widebody orders, while GTF and LEAP address emissions via advanced materials and digital monitoring. Strategic alliances like CFM and Engine Alliance mitigate risks in an industry where narrowbody dominance and widebody specialization define competitive edges, ensuring reliability for over 13,000 large commercial engines in service. Overall, these leaders prioritize R&D for 13% turbofan growth through 2029, powering global fleets amid surging passenger traffic.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for commercial aircraft engines market by geography and historical trend. The scope of the report extends to sizing of the commercial aircraft engines market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The commercial aircraft engines market is dominated by a tight oligopoly of major players, with CFM International, General Electric (GE) Aerospace, Pratt & Whitney, and Rolls-Royce collectively holding nearly 99% of the global share, driven by high barriers to entry like massive R&D costs and technological complexity. CFM International, a 50-50 joint venture between GE and Safran Aircraft Engines, leads with about 39% market share, powering 72% of the world's active narrowbody fleet via its CFM56 and LEAP engines on Boeing 737 MAX, Airbus A320neo, and COMAC C919. Pratt & Whitney (RTX subsidiary) follows at around 26-35%, excelling in narrowbody and geared turbofan (GTF) technology like the PW1000G series for Airbus A320neo, A220, Embraer E2, and MC-21, with over 85,000 engines in service. GE Aerospace commands 14-55% when including CFM, dominating widebodies with 52% of in-service fleet and engines like GE9X (world's most powerful at 134,300 lbs thrust) for Boeing 777X, 777, 787, and 747-8. Rolls-Royce, at 12-18%, focuses on widebodies with Trent engines for Airbus A330, A350, A380, and Boeing 777/787, emphasizing high-bypass ratios and sustainability.
Rounding out the top ten are key contributors through partnerships, components, and niche roles in the turbofan-dominated market (99.7% share). Safran Aircraft Engines (France), CFM's other half and formerly Snecma, provides critical M-series tech and powers Airbus via LEAP, bolstering Europe's 26% regional lead. Honeywell Aerospace supplies auxiliary power units, avionics-integrated engines, and turboprops, enhancing efficiency in commercial fleets. MTU Aero Engines (Germany) excels in development, manufacturing, and MRO for civil engines, partnering on Trent and GE9X for sustainability. IHI Corporation (Japan) contributes fan modules and low-emission tech for widebodies, supporting Asia-Pacific growth. Engine Alliance, a GE-Pratt joint venture, delivers GP7200 for Airbus A380, bridging the giants' portfolios. These firms invest heavily in hybrid-electric propulsion and sustainable fuels amid rising demand for fuel-efficient turbofans on narrowbodies like B737/A320, which hold 55% market segment.
This top ten sustains innovation amid post-pandemic recovery, with North America (81% regional share via GE/Pratt) and Asia-Pacific (fastest-growing) fueling expansion to $279 billion by 2032. Backlogs show GE/CFM at 54% of widebody orders, while GTF and LEAP address emissions via advanced materials and digital monitoring. Strategic alliances like CFM and Engine Alliance mitigate risks in an industry where narrowbody dominance and widebody specialization define competitive edges, ensuring reliability for over 13,000 large commercial engines in service. Overall, these leaders prioritize R&D for 13% turbofan growth through 2029, powering global fleets amid surging passenger traffic.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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