Aircraft Turbofan Engine Global Market Report 2024

Global Aircraft Turbofan Engine Market Report 2024

Aircraft Turbofan Engine Global Market Report 2024 – By Engine Type (PW4000, GEnx, Trent 1000, F414, GP7000, Other Engines , By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft), By Platform (Fixed Wing, Rotary Wing), By Application (Military Aviation, Commercial Air Transport, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Aircraft Turbofan Engine Global Market Report 2024

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Aircraft Turbofan Engine Market Definition

An aircraft turbofan engine is a jet engine that powers modern commercial and military aircraft. The turbofan engine is designed to provide high efficiency and low noise compared to earlier jet engine designs.

The main types of aircraft turbofan engine are PW4000, GEnx, Trent 1000, F414, GP7000, and others. PW4000 refers to the first model of high-thrust engines that consists of a 94-inch fan engine. This aircraft turbofan engine offers thrust in the range between 74,000 and 98,000 pound-force. The main types of aircraft are narrow body aircraft and wide body aircraft, which has fixed wing or rotary wing, and used in military aviation, commercial air transport, and other applications.

Aircraft Turbofan Engine Market Segmentation

The aircraft turbofan engine market covered in this report is segmented –

1) By Engine Type: PW4000, GEnx, Trent 1000, F414, GP7000, Other Engines

2) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft

3) By Platform: Fixed Wing, Rotary Wing

4) By Application: Military Aviation, Commercial Air Transport, Other Appliactions

Global Aircraft Turbofan Engine Market Size 2023 to 2028: Graph

Aircraft Turbofan Engine Market Size 2024 And Growth Rate

The aircraft turbofan engine market size has grown strongly in recent years. It will grow from $3.02 billion in 2023 to $3.21 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to aircraft fleet expansion, fuel efficiency requirements, environmental regulations, rise in air travel demand, replacement of aging engines.

Aircraft Turbofan Engine Market Growth Forecast

The aircraft turbofan engine market size is expected to see strong growth in the next few years. It will grow to $4.2 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to demand for more sustainable aviation, research and development investments, global air traffic growth, focus on noise reduction, urban air mobility and electric aviation. Major trends in the forecast period include advancements in engine technology, high-bypass ratio engines dominance, digitalization and engine health monitoring, hybrid-electric and sustainable aviation, retrofitting and engine upgrades.

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Aircraft Turbofan Engine Market Driver: Growing Aircraft Orders Propel Expansion In The Aircraft Turbofan Engine Market

Rising aircraft orders are expected to boost the growth of the aircraft turbofan engine market going forward. The demand for air travel is growing, due to which airlines are investing in new aircraft to expand their fleets and replace older, less fuel-efficient planes. This has led to an increase in orders for commercial airliners, which in turn is driving demand for aircraft engines. For instance, according to data by the General Aviation Manufacturers Association, a Belgium-based association of aircraft manufacturers and related enterprises, turboprop aircraft deliveries increased by 10.4%, with 582 units in 2022 as compared to 2021, and that of business aircraft increased by 7.12% to 712 in 2022 from 710 in 2021. Aircraft deliveries were valued at $22.9 billion in 2022, an increase of almost 5.8%. Therefore, rising aircraft is driving the growth of the aircraft turbofan engines market.

Aircraft Turbofan Engine Market Driver: Rising Defense Budgets Fueling Growth In The Aircraft Turbofan Engines Market

The growing defense budget is expected to boost the growth of the aircraft turbofan engines market going forward. A defense budget refers to a financial plan or allocation of funds set aside by a government or a nation to cover the costs associated with its military and defense-related activities. Defense budgets play a significant role in the research, development, and procurement of aircraft turbofan engines to maintain production lines, invest in R&D, and develop new capabilities that meet evolving military needs. For instance, in April 2023, according to a report published by the Stockholm International Peace Research Institute, a Sweden-based international institute, global military spending experienced a 3.7% real-term increase in 2022, surging to an all-time high of $2,240 billion. Further, the United States, contributing to 39% of the world's military spending in 2022, and China, accounting for 13%, retained their positions as the top two spenders. Therefore, the growing defense budgets are driving the growth of the aircraft turbofan engines market.

Surge In Air Passenger Numbers Propels Growth In The Aircraft Turbofan Engine Market

The increase in the number of air passengers is expected to propel the aircraft turbofan engine market. An air passenger refers to a person or business involved primarily in the transportation of people by aircraft in interstate commerce. As air travel becomes more accessible and affordable, more people are choosing to fly, leading to an increase in demand for air transportation. This, in turn, has created a growing demand for more efficient and reliable aircraft engines, and turbofan engines are among the most popular choices for commercial airliners. For instance, in March 2022, the International Air Transport Association (IATA), a Canada-based association that supports airline activity and helps formulate industry policy and standards, projects that there will be 4.0 billion passengers worldwide in 2024 (including multi-sector connecting flights as one passenger), reaching pre-COVID-19 levels (103% of the amount for 2019). The total number of travelers in 2021 was 47%, and in 2022, 83% are anticipated, followed by 94% in 2023, 103% in 2024, and 111% in 2025. Therefore, the rise in the number of air passengers is driving the growth of the aircraft turbofan engine market.

Global Aircraft Turbofan Engine Market Major Players

Major companies operating in the aircraft turbofan engine market report are Pratt & Whitney Canada Corp., Rolls-Royce Holdings plc, CFM International SA, Safran SA, GE Aviation, Honeywell International Inc., MTU Aero Engines AG, Eurojet Turbo GmbH, United Engine Corporation, International Aero Engines AG, Engine Alliance GP, Barnes Group Inc., Aero Engine Corporation of China, Aviation Industry Corporation of China, Raytheon Technologies Corporation, Snecma, Ishikawajima-Harima Heavy Industries Co. Ltd., JSC Aviadvigatel, NPO Saturn, Williams International, Ivchenko-Progress Design Bureau, Klimov JSC, Motor Sich JSC, Austro Engine GmbH, Hindustan Aeronautics Limited, Shenyang Liming Aero-Engine (Group) Co. Ltd., Kuznetsov Design Bureau, IHI Corporation, Aviadvigatel, Avio Aero

Global Aircraft Turbofan Engine Market Trend: Pioneering Advancements In Aircraft Turbofan Engine Technology

Product innovation is the key trend gaining popularity in the aircraft turbofan engine market. Major companies operating in the aircraft turbofan engine market are concentrating on developing innovative products to sustain in the market. For instance, in November 2021, Pratt & Whitney Canada, a Canada-based aircraft engine manufacturer, launched the turboprop PW127XT engine series. The PW127XT engine series is a high-performance turboprop engine designed for regional airliners. The engine features advanced technologies, such as a dual-channel, full-authority digital engine control system, which provides precise control over the engine's performance and reduces pilot workload.

Global Aircraft Turbofan Engine Market Trend: New Standards For Efficiency And Sustainability In The Aircraft Turbofan Engine Market

Major companies operating in the aircraft turbofan engine market are focused on developing innovations, such as demonstrator aero engines, to gain a competitive edge in the market. A demonstrator aero engine is a non-production engine built to test new technologies and concepts before they are incorporated into production engines. For instance, in May 2023, Rolls-Royce Plc, a UK-based aerospace and defense company, launched UltraFan, the world's largest turbofan engine. It is the world's largest aero engine, with a 140-inch fan diameter, and is designed to deliver a 25% fuel burn improvement compared to the first generation of Trent engines. The engine has been successfully run to full power, producing over 85,000 lbs of thrust. The engine is designed to be ready to run on 100% Sustainable Aviation Fuel (SAF) from day one of service.

Regional Analysis For The Global Aircraft Turbofan Engine Market

North America was the largest region in the aircraft turbofan engine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global aircraft turbofan engine market report during the forecast period. The regions covered in the aircraft turbofan engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the aircraft turbofan engine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The aircraft turbofan engine marker consists of the sale of low bypass ratio turbofan engines, medium bypass ratio turbofan engines, high bypass ratio turbofan engines, and geared turbofan engines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The aircraft turbofan engine market research report is one of a series of new reports from The Business Research Company that provides aircraft turbofan engine market statistics, including aircraft turbofan engine industry global market size, regional shares, competitors with a aircraft turbofan engine market share, detailed aircraft turbofan engine market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft turbofan engine industry. This aircraft turbofan engine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aircraft Turbofan Engine Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$3.21 billion
Revenue Forecast In 2033	$4.2 billion
Growth Rate	CAGR of 6.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Engine Type: PW4000, GEnx, Trent 1000, F414, GP7000, Other Engines 2) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft 3) By Platform: Fixed Wing, Rotary Wing 4) By Application: Military Aviation, Commercial Air Transport, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Pratt & Whitney Canada Corp.; Rolls-Royce Holdings plc; CFM International SA; Safran SA; GE Aviation; Honeywell International Inc.; MTU Aero Engines AG; Eurojet Turbo GmbH; United Engine Corporation; International Aero Engines AG; Engine Alliance GP; Barnes Group Inc.; Aero Engine Corporation of China; Aviation Industry Corporation of China; Raytheon Technologies Corporation; Snecma; Ishikawajima-Harima Heavy Industries Co. Ltd.; JSC Aviadvigatel; NPO Saturn; Williams International; Ivchenko-Progress Design Bureau; Klimov JSC; Motor Sich JSC; Austro Engine GmbH; Hindustan Aeronautics Limited; Shenyang Liming Aero-Engine (Group) Co. Ltd.; Kuznetsov Design Bureau; IHI Corporation; Aviadvigatel; Avio Aero
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1. Executive Summary

2. Aircraft Turbofan Engine Market Characteristics

3. Aircraft Turbofan Engine Market Trends And Strategies

4. Aircraft Turbofan Engine Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Aircraft Turbofan Engine Market Size and Growth

5.1. Global Aircraft Turbofan Engine Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Aircraft Turbofan Engine Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Aircraft Turbofan Engine Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Aircraft Turbofan Engine Market Segmentation

6.1. Global Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

PW4000

GEnx

Trent 1000

F414

GP7000

Other Engines

6.2. Global Aircraft Turbofan Engine Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Narrow Body Aircraft

Wide Body Aircraft

6.3. Global Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Fixed Wing

Rotary Wing

6.4. Global Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Military Aviation

Commercial Air Transport

Other Applications

7. Aircraft Turbofan Engine Market Regional And Country Analysis

7.1. Global Aircraft Turbofan Engine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Aircraft Turbofan Engine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Aircraft Turbofan Engine Market

8.1. Asia-Pacific Aircraft Turbofan Engine Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Aircraft Turbofan Engine Market

9.1. China Aircraft Turbofan Engine Market Overview

9.2. China Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Aircraft Turbofan Engine Market

10.1. India Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Aircraft Turbofan Engine Market

11.1. Japan Aircraft Turbofan Engine Market Overview

11.2. Japan Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Aircraft Turbofan Engine Market

12.1. Australia Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Aircraft Turbofan Engine Market

13.1. Indonesia Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Aircraft Turbofan Engine Market

14.1. South Korea Aircraft Turbofan Engine Market Overview

14.2. South Korea Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Aircraft Turbofan Engine Market

15.1. Western Europe Aircraft Turbofan Engine Market Overview

15.2. Western Europe Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Aircraft Turbofan Engine Market

16.1. UK Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Aircraft Turbofan Engine Market

17.1. Germany Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Aircraft Turbofan Engine Market

18.5. France Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Aircraft Turbofan Engine Market

19.9. Italy Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Aircraft Turbofan Engine Market

20.13. Spain Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Aircraft Turbofan Engine Market

21.1. Eastern Europe Aircraft Turbofan Engine Market Overview

21.2. Eastern Europe Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Aircraft Turbofan Engine Market

22.1. Russia Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Aircraft Turbofan Engine Market

23.1. North America Aircraft Turbofan Engine Market Overview

23.2. North America Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Aircraft Turbofan Engine Market

24.1. USA Aircraft Turbofan Engine Market Overview

24.2. USA Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Aircraft Turbofan Engine Market

25.1. Canada Aircraft Turbofan Engine Market Overview

25.2. Canada Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Aircraft Turbofan Engine Market

26.1. South America Aircraft Turbofan Engine Market Overview

26.2. South America Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Aircraft Turbofan Engine Market

27.1. Brazil Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Aircraft Turbofan Engine Market

28.1. Middle East Aircraft Turbofan Engine Market Overview

28.2. Middle East Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Aircraft Turbofan Engine Market

29.1. Africa Aircraft Turbofan Engine Market Overview

29.2. Africa Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Aircraft Turbofan Engine Market Competitive Landscape And Company Profiles

30.1. Aircraft Turbofan Engine Market Competitive Landscape

30.2. Aircraft Turbofan Engine Market Company Profiles

30.2.1. Pratt & Whitney Canada Corp.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Rolls-Royce Holdings plc

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. CFM International SA

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Safran SA

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. GE Aviation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Aircraft Turbofan Engine Market Competitive Benchmarking

32. Global Aircraft Turbofan Engine Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Aircraft Turbofan Engine Market

34. Aircraft Turbofan Engine Market Future Outlook and Potential Analysis

34.1 Aircraft Turbofan Engine Market In 2028 - Countries Offering Most New Opportunities

34.2 Aircraft Turbofan Engine Market In 2028 - Segments Offering Most New Opportunities

34.3 Aircraft Turbofan Engine Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Aircraft Turbofan Engine Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Aircraft Turbofan Engine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Aircraft Turbofan Engine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Pratt & Whitney Canada Corp. Financial Performance

Table 76: Rolls-Royce Holdings plc Financial Performance

Table 77: CFM International SA Financial Performance

Table 78: Safran SA Financial Performance

Table 79: GE Aviation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Aircraft Turbofan Engine Market, Segmentation By Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Aircraft Turbofan Engine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Aircraft Turbofan Engine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Aircraft Turbofan Engine Market, Segmentation By Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Aircraft Turbofan Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Aircraft Turbofan Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Pratt & Whitney Canada Corp. Financial Performance

Figure 76: Rolls-Royce Holdings plc Financial Performance

Figure 77: CFM International SA Financial Performance

Figure 78: Safran SA Financial Performance

Figure 79: GE Aviation Financial Performance

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Frequently Asked Questions

What is the definition of the aircraft turbofan engine market?

How will the aircraft turbofan engine market drivers and restraints affect the aircraft turbofan engine market dynamics? What forces will shape the aircraft turbofan engine industry going forward?

The aircraft turbofan engine market major growth driver - growing aircraft orders propel expansion in the aircraft turbofan engine market. For further insights on the aircraft turbofan engine market, request a sample here

What is the forecast market size or the forecast market value of the aircraft turbofan engine market ?

The aircraft turbofan engine market size has grown strongly in recent years. It will grow from $3.02 billion in 2023 to $3.21 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to aircraft fleet expansion, fuel efficiency requirements, environmental regulations, rise in air travel demand, replacement of aging engines. The aircraft turbofan engine market size is expected to see strong growth in the next few years. It will grow to $4.2 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to demand for more sustainable aviation, research and development investments, global air traffic growth, focus on noise reduction, urban air mobility and electric aviation. Major trends in the forecast period include advancements in engine technology, high-bypass ratio engines dominance, digitalization and engine health monitoring, hybrid-electric and sustainable aviation, retrofitting and engine upgrades. For further insights on the aircraft turbofan engine market, request a sample here

How is the aircraft turbofan engine market segmented?

The aircraft turbofan engine market is segmented
1) By Engine Type: PW4000, GEnx, Trent 1000, F414, GP7000, Other Engines
2) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft
3) By Platform: Fixed Wing, Rotary Wing
4) By Application: Military Aviation, Commercial Air Transport, Other AppliactionsFor further insights on the aircraft turbofan engine market, request a sample here

Which region has the largest share of the aircraft turbofan engine market? What are the other regions covered in the report?

North America was the largest region in the aircraft turbofan engine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global aircraft turbofan engine market report during the forecast period. The regions covered in the aircraft turbofan engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the aircraft turbofan engine market, request a sample here.

Who are the major players in the aircraft turbofan engine market?

What are the key trends in the aircraft turbofan engine market?

Major trend in the aircraft turbofan engine market - pioneering advancements in aircraft turbofan engine technology. For further insights on the aircraft turbofan engine market, request a sample here.

What are the major opportunities in the aircraft turbofan engine market? What are the strategies for the aircraft turbofan engine market?

For detailed insights on the major opportunities and strategies in the aircraft turbofan engine market, request a sample here.

How does the aircraft turbofan engine market relate to the overall economy and other similar markets?

For detailed insights on aircraft turbofan engine market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the aircraft turbofan engine industry?

For detailed insights on the mergers and acquisitions in the aircraft turbofan engine industry, request a sample here.

What are the key dynamics influencing the aircraft turbofan engine market growth? SWOT analysis of the aircraft turbofan engine market.

For detailed insights on the key dynamics influencing the aircraft turbofan engine market growth and SWOT analysis of the aircraft turbofan engine industry, request a sample here.