Aircraft Engine Market Size, Share, and Trends 2024 to 2034

The global aircraft engine market size accounted for USD 109.83 billion in 2024, grew to USD 118.53 billion in 2025, and is expected to be worth around USD 235.36 billion by 2034, poised to grow at a CAGR of 7.92% between 2024 and 2034.

  • Last Updated : November 2024
  • Report Code : 2849
  • Category : Machinery and Equipment

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Aircraft Engine Market 

5.1. COVID-19 Landscape: Aircraft Engine Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Aircraft Engine Market, By Type

8.1. Aircraft Engine Market Revenue and Volume Forecast, by Type, 2024-2034

8.1.1. Turboprop

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Turbofan

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Turboshaft

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Piston Engine

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Aircraft Engine Market, By Component

9.1. Aircraft Engine Market Revenue and Volume Forecast, by Component, 2024-2034

9.1.1. Compressor

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Turbine

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Gearbox

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

9.1.4. Exhaust System

9.1.4.1. Market Revenue and Volume Forecast (2021-2034)

9.1.5. Fuel System

9.1.5.1. Market Revenue and Volume Forecast (2021-2034)

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Aircraft Engine Market, By Platform 

10.1. Aircraft Engine Market Revenue and Volume Forecast, by Platform, 2024-2034

10.1.1. Fixed Wing Aircraft

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. Rotary Wing Aircraft

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

10.1.3. Unmanned Ariel Vehicles

10.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 11. Global Aircraft Engine Market, By Technology

11.1. Aircraft Engine Market Revenue and Volume Forecast, by April, 2024-2034

11.1.1. Conventional

11.1.1.1. Market Revenue and Volume Forecast (2021-2034)

11.1.2. Hybrid

11.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 12. Global Aircraft Engine Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.1.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.1.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.1.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.1.5.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.1.5.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.1.5.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.1.6.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.1.6.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.1.6.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.2.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.2.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.5.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.2.5.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.2.5.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.6.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.2.6.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.2.6.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.7.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.2.7.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.2.7.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.8.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.2.8.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.2.8.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.3.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.3.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.5.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.3.5.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.3.5.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.6.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.3.6.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.3.6.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.7.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.3.7.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.3.7.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.8.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.3.8.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.3.8.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.4.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.4.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.5.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.4.5.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.4.5.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.6.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.4.6.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.4.6.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.7.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.4.7.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.4.7.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.8.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.4.8.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.4.8.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.5.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.5.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.5.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.5.5.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.5.5.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.5.5.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.5.6.2. Market Revenue and Volume Forecast, by Component (2021-2034)

12.5.6.3. Market Revenue and Volume Forecast, by Platform (2021-2034)

12.5.6.4. Market Revenue and Volume Forecast, by Technology(2021-2034)

Chapter 13. Company Profiles

13.1. Rolls-Royce Holding PLC

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. IHI Corp.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Mitsubishi Heavy Industries Aero Engines Ltd

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Raytheon Technologies Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Honeywell International Inc.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Rostec

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. MTU Aero Engines AG

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Safran SA

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Textron Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Williams International Co. LLC

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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