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The Global Military Aircraft Engines Market 2017-2027

The Global Military Aircraft Engines Market 2017-2027

Summary

Many countries have embarked on a military modernization program, including the development of a range of aircraft covering multirole, fighters, bombers, transport, training, reconnaissance and surveillance. Over the forecast period (2017–2027), cumulative global expenditure on military aircraft engines will value US$126.4 billion, driven by upgrade projects, fleet replacement and modernization programs.

Global military aircraft engines industry is anticipated to value US$9.7 Billion by the end of 2017, registering a compound annual growth rate (CAGR) of 3.73% to value US$14.1 Billion by 2027. The combat and transport aircraft engine segments will account for 54.9% and 19.6% of the military aircraft engine market, respectively, followed by the rotorcraft and other aircraft engine segments, with a cumulative share of 25.5%.

Due to budget cuts, modern aircraft are required to be more versatile than their predecessors, which necessitate the need for more powerful and efficient engines. With the top-defense spenders investing in the development of fourth- and fifth-generation fighters, the combat engines segment is anticipated to dominate the industry over the forecast period, posting a CAGR of 4.96%.

Over the forecast period, the industry will be led by North America with a share of 28.9%, followed by Asia-Pacific at 26.1%, and Europe at 25.7%. The Middle Eastern market for military aircraft engines is expected to account for 13.2%, followed by the Latin American and African markets with a cumulative share of 6%.

Expenditure in the Asia-Pacific region will be driven by China, India, and Australia. European expenditure will be propelled by engine procurement requirements for new fleets and aircraft requiring maintenance. The Middle East is a promising market for the industry, supported by the demand for aircraft to counter terrorism, illegal infiltration, drug trafficking, and border encroachments. Research and development (R&D) programs being undertaken by major economies are contributing significantly to the industry growth. Top defense spenders are concentrating on the design, development, and production of a line of powerful and more reliable engines. For example, China is already working on the development of fifth generation fighter aircraft (J-20) engine.

The report “The Global Military Aircraft Engines Market 2017-2027” offers a detailed analysis of the global military aircraft engines industry over the next 10 years, and provides market size forecasts. It covers key technological and market trends, and analyzes factors influencing the demand for military aircraft engines.

In depth, this report provides the following analysis -
- Overview: Snapshot of the military aircraft engines industry over the forecast period, including highlights of the demand drivers, trends, and challenges. It also provides a snapshot of expenditure with respect to regional markets and segments.
- Market dynamics: Insights into the technological developments in the military aircraft engines industry and a detailed analysis of the changing preferences of governments. It also analyzes changing industry structure trends and the challenges faced by participants.
- Segment analysis: Insights into the military aircraft engines industry from a segmental perspective and a detailed analysis of factors influencing geographical markets.
- Regional review: Insights into modernization patterns and budgetary allocation for the leading economies within each region.
- Trend analysis – key defense market: Analysis of the key markets in each region and the segments expected to be in demand.
- Key program analysis: Details the three-leading programs in each segment expected to be executed over the forecast period.
- Competitive landscape analysis: Analysis of the industry’s competitive landscape. It provides an overview of key defense companies, together with key alliances, strategic initiatives, and financial analysis.

Companies mentioned In this report: General Electric, Rolls-Royce, Honeywell, Pratt & Whitney, Snecma S.A, Hindustan Aeronautics Limited (HAL), CFM International, JSC Klimov

Scope

- The global military aircraft engines market is estimated to value US$9.7 billion in 2017, and is expected to grow at a CAGR of 3.73% to value US$14.1 billion by 2027.
- In terms of segments, Combat aircraft engine and Transport aircraft engines are expected to account for 54.9% and 19.6% of the military aircraft engine market, respectively, followed by Rotorcraft aircraft engines and Other aircraft engines, with a cumulative share of 25.5%

Reasons to buy

- Determine prospective investment areas based on a detailed trend analysis of the global military aircraft engines market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different military aircraft engines segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global military aircraft engines market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the defense ministries of different countries within the global military aircraft engines market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top aircraft providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available


Executive Summary
Global Military Aircraft Engines Market - Overview
Market Dynamics
Demand drivers: analysis of factors triggering industry expenditure
Trends: prevalent practices, industry consolidation and procurement patterns
Technological developments: new products, processes and innovations
Key challenges: obstacles affecting segmental growth
Military Aircraft Engines Industry - Segment Analysis
Segment analysis: combat engines
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment analysis: transport aircraft engines
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment analysis: rotorcraft engines
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Segment analysis: other aircraft engines
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Regional Review
Defense capital expenditure
Capex forecast, 2017-2027
Factors influencing military modernization programs
Military Aircraft Engines Market - Regional Analysis
Regional overview
Factors driving regional expenditure
Regional expenditure by segment , 2017-2027
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Trend Analysis - Key Defense Markets
Breakdown of expenditure for each region by country
Segmental analysis by country
Programs by country
Market size and CAGR growth analysis, 2017-2027
Change in market share, 2017-2027
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
Competitive Landscape Analysis
Competitive analysis - eight-leading companies
Products and services
Alliances and recent contracts
Financial analysis
List of Tables
Military Aircraft Engines Market Size by Segment
Military Aircraft Engine Market Size by Region
Country Analysis: US
Country Analysis: US
Country Analysis: China
Country Analysis: India
Country Analysis: India
Country Analysis: Australia
Country Analysis: Australia
Country Analysis: Russia
Country Analysis: Russia
Country Analysis: The UK
Country Analysis: The UK
Country Analysis: France
Country Analysis: France
Country Analysis: Saudi Arabia
Country Analysis: Saudi Arabia
Country Analysis: Qatar
Country Analysis: Qatar
Country Analysis: Brazil
Country Analysis: Brazil
Country Analysis: Egypt
Country Analysis: Egypt
Program Analysis: F135-PW-100
Program Analysis: Pratt & Whitney PW4062 turbofan
Program Analysis: CFM56-7
Program Analysis: AL-41F Turbofan Engine
Program Analysis: VK2500 Engine
Program Analysis: WS-15 engine
Program Analysis: Advanced Medium Combat Aircraft (AMCA)
Program Analysis: Ghatak engine
Profile: General Electric
Profile: General Electric. - Alliances
Profile: General Electric. - Contracts
Profile: Rolls Royce
Profile: Rolls Royce- Alliances and Contracts
Profile: Rolls Royce- Financial Analysis
Profile: Honeywell
Profile: Honeywell - Alliances and Contracts
Profile: Honeywell- Financial Analysis
Profile: Pratt & Whitney
Profile: Pratt & Whitney - Alliances
Profile: Pratt & Whitney - Contracts
Profile: Snecma SA
Profile: Snecma SA- Alliances & Contracts
Profile: Hindustan Aeronautics Limited (HAL)
Profile: Hindustan Aeronautics Limited (HAL)- Alliances & Contracts
Profile: CFM International
Profile: CFM International - Contracts
Profile: JSC Klimov
Profile: JSC Klimov - Alliances and Contracts
List of Figures
Global Military Aircraft Engines Market : Key Statistics
Global Military Aircraft Engines Market by Region and Segment
Global Military Aircraft Engines Market: Segment Analysis
Market Size - Combat Aircraft Engines : 2017-2027
Change in Market share : 2017-2027
Market Size - Transport Aircraft Engines : 2017-2027
Change in Market share : 2017-2027
Market Size - Rotorcraft Engines : 2017-2027
Change in Market share : 2017-2027
Market Size - Other Aircraft Engines : 2017-2027
Change in Market share : 2017-2027
CAPEX : North America
CAPEX : Asia- Pacific
CAPEX : Europe
CAPEX : Middle East
CAPEX : Latin America
CAPEX : Africa
Regional Analysis: Overview
Global Military Aircraft Engines Market: Regional Analysis
Military Aircraft Engines Market Size - North America : 2017-2027
Change in Market share : 2017-2027
Military Aircraft Engines Market Size - Asia Pacific : 2017-2027
Change in Market share : 2017-2027
Military Aircraft Engines Market Size - Europe: 2017-2027
Change in Market share : 2017-2027
Military Aircraft Engines Market Size - Middle East: 2017-2027
Change in Market share : 2017-2027
Military Aircraft Engines Market Size - Latin America: 2017-2027
Change in Market share : 2017-2027
Military Aircraft Engines Market Size - Africa: 2017-2027
Change in Market share : 2017-2027
Country Analysis: Overview
Military Aircraft Engines Market: US
Military Aircraft Engines Market: US Segment Share
US Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
US Transport Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
US Rotorcraft Engines: 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: China
Military Aircraft Engines Market: China Segment Share
China Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
China Transport Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
China Other Aircraft Engines : 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: India
Military Aircraft Engines Market: India Segment Share
India Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
India Rotorcraft Engines: 2017-2027
Change in Market Share : 2017-2027
India Other Aircraft Engines : 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: Australia
Military Aircraft Engines Market: Australia Segment Share
Australia Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Australia Other Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: Russia
Military Aircraft Engines : Russia Segment Share
Russia Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Russia Transport Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: UK
Military Aircraft Engines Market: UK Segment Share
UK Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
UK Other Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: France
Military Aircraft Engines Market: France Segment Share
France Transport Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
France Combat Aircraft Engines: 2017-2027
Change in market share : 2017-2027
Military Aircraft Engines Market: Saudi Arabia
Military Aircraft Engines Market: Saudi Arabia Segment Share
Saudi Arabia Combat Aircraft Engines: 2017-2017
Change in Market Share : 2017-2027
Saudi Arabia Transport Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: Qatar
Military Aircraft Engines Market: Qatar Segment Share
Qatar Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Military Aircraft Engines Market: Brazil
Military Aircraft Engines Market: Brazil Segment Share
Brazil Combat Aircraft Engines: 2017-2027
Change in Market Share : 2017-2027
Brazil Transport Aircraft Engines: 2017-2027
Change in market share : 2017-2027
Military Aircraft Engines Market: Egypt
Military Aircraft Engines Market: Egypt Segment Share
Egypt Combat Aircraft Engines: 2017-2027
Change in market share: 2017-2027

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