100+ datasets found
  1. Commercial aircraft engine manufacturers: global market share 2020

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). Commercial aircraft engine manufacturers: global market share 2020 [Dataset]. https://www.statista.com/statistics/1099835/global-aircraft-engine-manufacturer-market-share/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2020
    Area covered
    Worldwide
    Description

    CFM International is the leading commercial aircraft engine manufacturer, with ** percent of the engine market worldwide in 2020. In 2021, the global aircraft engine MRO market is expected to be worth **** billion U.S. dollars.

  2. Commercial Aircraft Engine Market - Size & Share

    • mordorintelligence.com
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    Mordor Intelligence, Commercial Aircraft Engine Market - Size & Share [Dataset]. https://www.mordorintelligence.com/industry-reports/commercial-aircraft-engines-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The report covers Global Commercial Aircraft Engines Manufacturers and the market is Segmented by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Regional Aircraft), and by Engine Type (Turbofan and Turboprop) and by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

  3. s

    Global Aircraft Engine Market Size, Share, Growth Analysis, By...

    • skyquestt.com
    Updated Nov 21, 2024
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    SkyQuest Technology (2024). Global Aircraft Engine Market Size, Share, Growth Analysis, By End-User(Commercial, Military), By Technology(Conventional Engines, Electric/Hybrid Engine) - Industry Forecast 2023-2030 [Dataset]. https://www.skyquestt.com/report/aircraft-engine-market
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    Dataset updated
    Nov 21, 2024
    Dataset authored and provided by
    SkyQuest Technology
    License

    https://www.skyquestt.com/privacy/https://www.skyquestt.com/privacy/

    Time period covered
    2023 - 2030
    Area covered
    Global
    Description

    Aircraft Engine Market size was valued at USD 49.01 billion in 2021 and is poised to grow from USD 54.34 billion in 2022 to USD 137.54 billion by 2030, growing at a CAGR of 10.87% in the forecast period (2023-2030).

  4. Aircraft Engine Market Size, Share, Growth, Trends & Forecast 2030

    • mordorintelligence.com
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    Updated Jun 18, 2025
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    Mordor Intelligence (2025). Aircraft Engine Market Size, Share, Growth, Trends & Forecast 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/aircraft-engines-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The Aircraft Engines Market Report is Segmented by Engine Type (Turbofan, Turboprop, and More), Aircraft Type (Commercial Aviation, and More), Technology (Geared Turbofan, and More), Thrust Class (Less Than 10, 000 Lbf, and More), Component (Compressor, Turbine, and More), End-User (OEM Factory-Fit, and More) and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

  5. Narrowbody aircraft engine manufacturers: global market share 2019

    • statista.com
    Updated Dec 7, 2024
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    Statista (2024). Narrowbody aircraft engine manufacturers: global market share 2019 [Dataset]. https://www.statista.com/statistics/1099873/narrowbody-aircraft-engine-manufacturer-market-share/
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    Dataset updated
    Dec 7, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2019
    Area covered
    Worldwide
    Description

    As of May 2019, CFM International held 71 percent of the narrowbody aircraft engine market, making it by far the leading engine manufacturer in the world. In 2020, the global aircraft engine MRO market is expected to reach 4.5 billion U.S. dollars,

  6. Commercial aircraft engine manufacturers: market share in North America 2020...

    • statista.com
    Updated Dec 7, 2024
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    Statista (2024). Commercial aircraft engine manufacturers: market share in North America 2020 [Dataset]. https://www.statista.com/statistics/1099957/aircraft-engine-manufacturer-market-share-north-america/
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    Dataset updated
    Dec 7, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2020
    Area covered
    North America
    Description

    In 2020, CFM International held 38 percent of the commercial aircraft engine market in North America. General Electric Aviation came third, with 29 percent of the North American market.

  7. Widebody aircraft engine manufacturers: global market share 2019

    • statista.com
    Updated Dec 7, 2024
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    Statista (2024). Widebody aircraft engine manufacturers: global market share 2019 [Dataset]. https://www.statista.com/statistics/1099901/widebody-aircraft-engine-manufacturer-market-share/
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    Dataset updated
    Dec 7, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2019
    Area covered
    Worldwide
    Description

    General Electric is the leading widebody aircraft engine manufacturer, with 51 percent of the engine market worldwide as of May 2019. In 2020, the global aircraft engine MRO market is expected to be worth 43.5 billion U.S. dollars.

  8. Wide-body Aircraft Engine Market Research Report 2033

    • growthmarketreports.com
    csv, pdf, pptx
    Updated Jun 30, 2025
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    Growth Market Reports (2025). Wide-body Aircraft Engine Market Research Report 2033 [Dataset]. https://growthmarketreports.com/report/wide-body-aircraft-engine-market-global-industry-analysis
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    pptx, pdf, csvAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Growth Market Reports
    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Wide-body Aircraft Engine Market Outlook




    According to our latest research, the global wide-body aircraft engine market size reached USD 32.8 billion in 2024. As per our analysis, the market is projected to grow at a robust CAGR of 6.3% from 2025 to 2033, reaching an estimated USD 56.3 billion by 2033. This growth trajectory is primarily driven by the rising demand for new-generation wide-body aircraft, increasing international air travel, and the ongoing replacement of aging aircraft fleets with more fuel-efficient models. The market’s expansion is further fueled by advancements in engine technology, which are enabling higher fuel efficiency and reduced emissions, making wide-body aircraft engines more attractive to both commercial and military operators worldwide.




    One of the primary growth factors propelling the wide-body aircraft engine market is the resurgence in global air passenger traffic, particularly on long-haul international routes. As airlines recover from the impact of the pandemic, there has been a marked increase in orders for wide-body aircraft, which are essential for intercontinental travel due to their range and capacity. The introduction of new long-range routes by major carriers and the expansion of airline networks in emerging economies are further amplifying demand. Additionally, the aviation industry’s focus on sustainability and operational efficiency is steering airlines towards the adoption of advanced wide-body aircraft engines, which offer lower fuel consumption and reduced carbon emissions. This trend is expected to sustain robust growth in the market over the forecast period.




    Another significant driver is the ongoing modernization and replacement of aging wide-body aircraft fleets. Many airlines are phasing out older aircraft models in favor of new-generation wide-body jets equipped with state-of-the-art engines. These modern engines are designed to meet stringent environmental regulations and deliver superior performance, thereby reducing operational costs for airlines. The growing emphasis on fleet renewal, especially among major carriers in North America, Europe, and Asia Pacific, is generating substantial demand for wide-body aircraft engines. Leasing companies are also playing a pivotal role by facilitating access to new aircraft for airlines, further boosting market growth.




    Technological advancements in engine design and manufacturing are also shaping the market landscape. Innovations such as composite fan blades, advanced cooling systems, and digital engine monitoring are enhancing the performance, reliability, and lifespan of wide-body aircraft engines. Engine manufacturers are investing heavily in research and development to create engines that offer greater thrust, improved fuel efficiency, and lower maintenance requirements. These technological breakthroughs are not only attracting airline operators but are also opening up new opportunities in the military and cargo aviation segments, where performance and operational costs are critical considerations.




    Regionally, the Asia Pacific market is emerging as a major growth hub for wide-body aircraft engines, driven by the rapid expansion of commercial aviation in countries such as China, India, and Southeast Asian nations. North America and Europe continue to maintain their dominance, supported by established airline networks and strong presence of leading aircraft and engine manufacturers. The Middle East is also witnessing increased investments in aviation infrastructure and fleet modernization, further contributing to market growth. The regional outlook remains positive, with Asia Pacific expected to register the highest CAGR during the forecast period, reflecting the region’s dynamic aviation sector and rising air travel demand.





    Engine Type Analysis




    The engine type segment of the wide-body aircraft engine market is primarily categorized into turbofan, turbojet, turboprop, and others. Turbofan engines continu

  9. Asia-Pacific Aircraft Engine Market - Size, Share & Manufacturers

    • mordorintelligence.com
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    Mordor Intelligence, Asia-Pacific Aircraft Engine Market - Size, Share & Manufacturers [Dataset]. https://www.mordorintelligence.com/industry-reports/asia-pacific-aircraft-engine-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Asia
    Description

    The Asia-Pacific Aircraft Engine Market is Segmented by Engine Type (Turbofan, Turboprop, Turboshaft, and Piston), End User (Commercial Aviation, Military Aviation, and General Aviation), and Geography (China, India, Japan, Singapore, South Korea, and the Rest of Asia-Pacific). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

  10. c

    Aircraft engine market Will Grow at a CAGR of 8.9% from 2024 to 2031.

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Apr 15, 2024
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    Cognitive Market Research (2024). Aircraft engine market Will Grow at a CAGR of 8.9% from 2024 to 2031. [Dataset]. https://www.cognitivemarketresearch.com/aircraft-engine-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Apr 15, 2024
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global aircraft engine market size is USD 75.1 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2031. Market Dynamics of Aircraft Engine Market

    Key Drivers for Aircraft Engine Market

    Technological advancement- The primary driver propelling the aviation engine market is the incorporation of cutting-edge technologies, such as digital monitoring systems, predictive maintenance tools, and innovative materials, into these engines. These innovations make maintenance more efficient, which in turn allows MRO companies to deliver services like predictive and preventive maintenance. The need for services to keep aviation engines running at peak performance for their entire lifespan is rising as a result of improvements in engine design and manufacture that produce engines that last longer and are more efficient. Airline network expansions are a direct result of the rising demand for air travel, which is driving market growth.

    Key Restraints for Aircraft Engine Market

    One major factor limiting market growth is the aviation industry's concern with security and maintenance requirements. The high costs of upkeep of aircraft engines are expected to limit the aviation engine market. Introduction of the Aircraft Engine Market

    An aircraft engine provides propulsion to an airplane at takeoff and landing, as well as during flying. Improvements in fuel efficiency and passenger and cargo comfort are driving forces behind the expected expansion of the worldwide aviation engines market. Even while demand may be stronger for aircraft engines in commercial applications, their role in the military's battle against terrorism, drug trafficking, and illegal infiltration is projected to grow. A growing number of aircraft engines could be fitted to newly constructed commercial aircraft in the commercial sector to accommodate the ever-increasing number of passengers. Aircraft manufacturers and major original equipment manufacturers (OEMs) are working on more fuel-efficient planes to cut down on gas usage. Aircraft fuel efficiency has been a primary emphasis for manufacturers due to the increasing cost of fuel. Many companies are working on lighter engines to help aircraft achieve better fuel efficiency by decreasing the overall weight of the plane. Composite materials, such as reinforced polymers, which are both lightweight and strong, are fueling the market's expansion.

  11. General Aviation Engines Market Size & Share Analysis - Industry Research...

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jul 15, 2022
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    Mordor Intelligence (2022). General Aviation Engines Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/general-aviation-engines-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jul 15, 2022
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Global
    Description

    The General Aviation Engines Market is segmented by Engine Type (Fixed-Wing Aircraft Engine and Rotorcraft Engine) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The report offers market size and forecasts for all the above segments in terms of value (USD billion) for all the above segments.

  12. America Aircraft EnginesMarket Size & Share Analysis - Industry Research...

    • mordorintelligence.com
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    Mordor Intelligence, America Aircraft EnginesMarket Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/america-aircraft-engines-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    United States, Americas
    Description

    The America Aircraft Engines Market is Segmented by Engine Type (Turbofan, Turboprop, Turboshaft, and Piston) and Geography (North America and Latin America). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

  13. A

    Aircraft Engine Market Report

    • marketresearchforecast.com
    doc, pdf, ppt
    Updated Dec 5, 2024
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    Market Research Forecast (2024). Aircraft Engine Market Report [Dataset]. https://www.marketresearchforecast.com/reports/aircraft-engine-market-2755
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    doc, pdf, pptAvailable download formats
    Dataset updated
    Dec 5, 2024
    Dataset authored and provided by
    Market Research Forecast
    License

    https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The Aircraft Engine Market size was valued at USD 49.01 billion in 2023 and is projected to reach USD 72.25 billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Aircraft engines are of many types, and they include turbojet, turbofan, turboprop, and piston engines. Turbojets deliver high velocities since they work through the expulsion of exhaust through a nozzle in a thruster. Turbofans use a jet engine in combination with a fan, typical of many modern commercial aircraft because they are fast while also relatively sparing on fuel. Turboprops use gas turbines to turn a propeller and they are common in short-haul and regional airlines. Piston engines which are found in small aircraft work on internal combustion and are utilized for propelling propellers. Each type is suitable for something: some planes are speedy, others are efficient, and still, others have a vast range, so all types are crucial both in the commercial and the military aviation industry. Key drivers for this market are: Surge in Adoption of Cost-Effective and Fuel Efficient Aircraft is Refueling the Market Growth. Potential restraints include: Longevity of Aircraft Engines Expected to Hamper the Market Growth.

  14. Narrow-body Aircraft Engine Market Report | Global Forecast From 2025 To...

    • dataintelo.com
    csv, pdf, pptx
    Updated Dec 3, 2024
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    Dataintelo (2024). Narrow-body Aircraft Engine Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-narrow-body-aircraft-engine-market
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    pdf, csv, pptxAvailable download formats
    Dataset updated
    Dec 3, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Narrow-body Aircraft Engine Market Outlook



    The narrow-body aircraft engine market size is projected to experience substantial growth from 2023 to 2032, with a compound annual growth rate (CAGR) of approximately 5.7%. In 2023, the market was valued at around $XX billion, and it is expected to reach approximately $XX billion by 2032, driven by increasing demand for fuel-efficient and environmentally friendly aircraft engines. The anticipated growth in this market is fueled by a combination of technological advancements, rising air passenger traffic, and the replacement of aging aircraft fleets, all of which contribute to the upward trajectory of the industry's expansion.



    The primary growth factor propelling the narrow-body aircraft engine market is the increasing global air passenger traffic, which necessitates the expansion and modernization of airline fleets. As air travel becomes more accessible and affordable, particularly in emerging economies, the demand for narrow-body aircraft, often favored for short to medium-haul routes, is on the rise. This surge in demand is prompting airlines to invest in new, more efficient aircraft engines to enhance performance and reduce operational costs. Additionally, the aviation industry's focus on reducing its carbon footprint through improved fuel efficiency and lower emissions is pushing the development of advanced narrow-body aircraft engines, which are designed to meet stringent environmental regulations.



    Another key factor driving market growth is the continuous technological innovations in aircraft engine design and manufacturing. Engine manufacturers are investing heavily in research and development to produce engines that offer improved fuel efficiency, reduced noise levels, and increased reliability. The introduction of new materials, such as composites and advanced alloys, is enabling the construction of lighter and more durable engine components. Furthermore, advancements in turbine technology and aerodynamics are contributing to enhanced engine performance, making narrow-body aircraft more attractive to airline operators seeking to optimize their fleet operations.



    The replacement of aging aircraft fleets presents a significant opportunity for the narrow-body aircraft engine market. Many airlines are retiring older aircraft that are less fuel-efficient and more costly to maintain, opting instead for newer models equipped with state-of-the-art engines. This trend is particularly prevalent in developed regions, where regulatory pressures and consumer expectations for greener air travel are driving fleet modernization. As a result, there is a growing demand for new narrow-body aircraft engines that can provide the necessary performance while adhering to environmental standards, further stimulating market growth.



    Regionally, the Asia Pacific market is expected to exhibit the highest growth rate, driven by rapid economic development and increasing air travel demand in countries such as China and India. The expansion of low-cost carriers and infrastructure improvements in these regions are contributing to the rising demand for narrow-body aircraft and their engines. North America and Europe are also significant markets due to the presence of major aircraft manufacturers and a high concentration of airline operators. Meanwhile, Latin America, the Middle East, and Africa are experiencing steady growth, supported by regional airline expansions and government investments in aviation infrastructure.



    Engine Type Analysis



    The engine type segment of the narrow-body aircraft engine market is dominated by turbofan engines, which are preferred for their efficiency and performance in commercial aviation. Turbofans are designed to optimize fuel consumption and reduce noise levels, making them the ideal choice for narrow-body aircraft that operate on short to medium-haul routes. The demand for turbofan engines is expected to continue rising as airlines seek to enhance operational efficiency and meet stringent environmental regulations. Furthermore, ongoing advancements in turbofan technology, such as improved aerodynamics and materials, are contributing to their increased adoption in the market.



    In contrast, turboprop engines hold a smaller market share within the narrow-body aircraft engine segment, mainly used for regional jets and certain military applications. Turboprops are highly efficient at lower speeds and altitudes, making them suitable for short regional flights and providing a cost-effective solution for small airlines and air freight operations. Although the growth rate for turboprop engines is comparatively lowe

  15. A

    Aircraft Engine Market Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Feb 9, 2025
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    Archive Market Research (2025). Aircraft Engine Market Report [Dataset]. https://www.archivemarketresearch.com/reports/aircraft-engine-market-10277
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Feb 9, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    global
    Variables measured
    Market Size
    Description

    The aircraft engine market can be segmented by engine type and aircraft type. Engine Type:

    Turbofan engines are the most common type of aircraft engine. They are used in both commercial and military aircraft. Turbofan engines are more efficient than other types of engines, and they produce less noise. Turboprop engines are used in smaller aircraft, such as regional airliners and business jets. Turboprop engines are less efficient than turbofan engines, but they are more powerful. Turboshaft engines are used in helicopters. Turboshaft engines are similar to turboprop engines, but they produce more power. Piston engines are used in small aircraft, such as private planes and ultralights. Piston engines are less powerful than other types of engines, but they are more affordable.

    Aircraft Type:

    Commercial aircraft are used to transport passengers and cargo. Commercial aircraft are the most common type of aircraft, and they account for the majority of aircraft engine sales. Military aircraft are used for combat and other military purposes. Military aircraft are typically equipped with more powerful engines than commercial aircraft. Business and general aviation aircraft are used for private and business purposes. Business and general aviation aircraft are typically smaller than commercial or military aircraft. Recent developments include: In April 2024, Rolls-Royce announced that IndiGo had placed an order for 60 Trent XWB-84 engines, marking their first agreement with the prominent Indian airline. The deal included Rolls-Royce's TotalCare service for engine health and maintenance. The engines from this order were intended to support IndiGo's expansion efforts, especially on international routes, bolstering the airline's operational capabilities. , In May 2024, Pratt & Whitney inaugurated its new manufacturing facility, Pratt & Whitney Maroc (PWM), dedicated to producing precision machined parts for aircraft engines like the PT6. The investment underscored confidence in Morocco's industrial capabilities, enhancing the country's aeronautical sector with advanced technological capabilities and contributing to its competitive edge in global aerospace manufacturing. , In June 2024, Safran Helicopter Engines and MTU Aero Engines collaborated to establish EURA, a 50/50 joint venture named after the European Military Rotorcraft Engine Alliance. The venture aimed to lead a broader program involving industrial and technological partners from multiple European countries. This strategic initiative marked a significant milestone in enhancing European aerospace capabilities through collaborative innovation and industrial cooperation. .

  16. Aircraft Engines Market Analysis Americas - Size and Forecast 2024-2028

    • technavio.com
    Updated Sep 15, 2024
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    Technavio (2024). Aircraft Engines Market Analysis Americas - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/america-aircraft-engines-market-analysis
    Explore at:
    Dataset updated
    Sep 15, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Americas
    Description

    Snapshot img

    Americas Aircraft Engines Market Size 2024-2028

    The Americas aircraft engines market size is forecast to increase by USD 7.94 billion at a CAGR of 5.6% between 2023 and 2028.

    The aircraft engines market In the Americas is experiencing significant growth due to several key factors. The region's growing urbanization and increasing global passenger traffic are driving the demand for more efficient and reliable aircraft engines, with travel trends and analytics playing a key role in shaping future innovations. Additionally, the integration of advanced technological innovations in turbofan engines is enhancing engine performance and fuel efficiency.
    However, the lack of skilled labor in aircraft engine manufacturing poses a challenge to market growth. To address this issue, companies are investing in training programs and partnerships with educational institutions to develop a skilled workforce. Overall, the market is expected to witness steady growth In the coming years as these trends continue to shape the industry landscape.
    

    What will be the size of the Americas Aircraft Engines Market during the forecast period?

    Request Free Sample

    The aircraft engines market In the Americas is driven by the increasing demand for thrust and power from fan, compressor, combustor, turbine, mixer, and nozzle components in both commercial and military aircraft operations. Consumption of jet fuel remains a significant cost factor, leading to a focus on fuel efficiency and reducing carbon footprint through advanced combustion chambers and exhaust air management systems. The growth of aviation, driven by passenger traffic and air travel, fuels the demand for new and innovative aircraft engines. UAVs and unmanned aerial vehicles are also gaining traction, creating new opportunities for the aircraft engines industry. Digital technologies, including intelligent scheduling, real-time analytics, and remote working, are transforming the industry, enabling more efficient operations and maintenance.
    The shift towards electric and hybrid engines is another emerging trend, as the industry explores sustainable alternatives to traditional jet fuel.
    

    How is this market segmented and which is the largest segment?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Type
    
      Turbofan
      Turboprop
      Turboshaft
      Piston
    
    
    Application
    
      Commercial aircraft
      Business jet
      Military aircraft
    
    
    Geography
    
      Americas
    

    By Type Insights

    The turbofan segment is estimated to witness significant growth during the forecast period.
    

    The aircraft engines market In the Americas is driven by the increasing demand for fuel-efficient turbofan engines. Airline profitability relies heavily on fuel consumption, making fuel efficiency a top priority for manufacturers of aircraft engines. Turbofan engines offer several advantages, including improved fuel efficiency and quieter operation, making them the preferred choice for airlines. Manufacturers are focusing on reducing carbon emissions and engine weight by developing advanced fuel-efficient engines. The growth of air traffic and aircraft orders further boosts the market. Real-time analytics, intelligent scheduling, and digital technologies are also transforming the aircraft engine manufacturing and Maintenance, Repair, and Overhaul (MRO) industries.

    The regulatory environment plays a significant role in market trends, with regulations encouraging the adoption of more sustainable and efficient engine technologies. Overall, these factors are expected to fuel the growth of the aircraft engines market In the Americas during the forecast period.

    Get a glance at the market share of various segments Request Free Sample

    The Turbofan segment was valued at USD 13.26 billion in 2018 and showed a gradual increase during the forecast period.

    Market Dynamics

    Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

    What are the key market drivers leading to the rise in adoption of Americas Aircraft Engines Market?

    Growing urbanization and increasing global passenger traffic is the key driver of the market.

    The Aircraft Engines Industry In the Americas is experiencing significant growth due to increasing air passenger traffic and the expansion of various aviation sectors. The demand for more efficient aircraft is on the rise, as the number of passengers using commercial flights continues to increase. This trend is expected to drive the growth of the aircraft engines market In the region, as new and advanced engines are developed to meet the demand for fuel efficiency and reduced carbon
    
  17. Commercial aircraft engine manufacturers: market share in Europe 2020

    • statista.com
    Updated Jan 31, 2025
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    Statista (2025). Commercial aircraft engine manufacturers: market share in Europe 2020 [Dataset]. https://www.statista.com/statistics/1099967/aircraft-engine-manufacturer-market-share-north-america/
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    Dataset updated
    Jan 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2020
    Area covered
    Europe
    Description

    Pratt & Whitney was the leading commercial aircraft engine manufacturer in Europe in 2020, with 36 percent of the engine market. CFM International came second, with 34 percent of the market.

  18. Military Aircraft Engines Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Mar 1, 2024
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    Dataintelo (2024). Military Aircraft Engines Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/global-military-aircraft-engines-market
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    pptx, csv, pdfAvailable download formats
    Dataset updated
    Mar 1, 2024
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Military Aircraft Engines Market Outlook 2032



    The global military aircraft engines market size was USD 10.45 Billion in 2023 and is likely to reach USD 16.37 Billion by 2032, expanding at a CAGR of 5.27% during 2024–2032. The market growth is attributed to the rising technological advancements across the globe.



    Increasing technological advancements serve as a significant driver for the military aircraft engines market. In the race to achieve air superiority, nations are investing heavily in research and development to create engines that are efficient, powerful, and reliable.





    Innovations in engine design and performance are propelling the market. Advancements in materials science have led to the development of lighter and durable engine components, which enhance fuel efficiency and reduce maintenance costs.



    Improvements in combustion technology have resulted in engines that deliver greater power output while minimizing emissions. These technological advancements are crucial in enhancing the operational capabilities of military aircraft, thereby increasing their demand in the global defense sector.



    Impact of Artificial Intelligence (AI) in Military Aircraft Engines Market



    The use of artificial intelligence is anticipated to expand at a rapid pace in the military aircraft engines market. AI has revolutionized the way military aircraft engines are designed, manufactured, and maintained. It has enabled the development of efficient and reliable engines, leading to significant improvements in aircraft performance and operational efficiency.



    AI-powered predictive analytics tools are being used to monitor engine performance in real-time and predict potent

  19. t

    Aircraft Engines Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
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    The Business Research Company, Aircraft Engines Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/aircraft-engines-global-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Global Aircraft Engines market size is expected to reach $63.04 billion by 2029 at 3.4%, surging air passenger traffic fuels aircraft engine market growth

  20. Aircraft Engine Market Share and Value Analysis by 2030

    • nextmsc.com
    csv, pdf
    Updated Mar 2025
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    Supradip Baul (2025). Aircraft Engine Market Share and Value Analysis by 2030 [Dataset]. https://www.nextmsc.com/report/aircraft-engine-market-ad3009
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    pdf, csvAvailable download formats
    Dataset updated
    Mar 2025
    Dataset provided by
    Next Move Strategy Consulting
    Authors
    Supradip Baul
    License

    https://www.nextmsc.com/privacy-policyhttps://www.nextmsc.com/privacy-policy

    Time period covered
    2024 - 2030
    Area covered
    Global
    Description

    The Aircraft Engine Market size was valued at $ 67.94 Bn in 2024 and is predicted to reach to $ 118.89 Bn by 2030 with a CAGR of 9.8% | Forecast 2025-2030

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Statista (2025). Commercial aircraft engine manufacturers: global market share 2020 [Dataset]. https://www.statista.com/statistics/1099835/global-aircraft-engine-manufacturer-market-share/
Organization logo

Commercial aircraft engine manufacturers: global market share 2020

Explore at:
Dataset updated
Jun 27, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2020
Area covered
Worldwide
Description

CFM International is the leading commercial aircraft engine manufacturer, with ** percent of the engine market worldwide in 2020. In 2021, the global aircraft engine MRO market is expected to be worth **** billion U.S. dollars.

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