Aircraft Engine Market Global Industry Trends, Sales Revenue, Industry Growth, Development Status, Top Leaders, Future Plans and Opportunity Assessment 2027
The global aircraft engine market size is projected to reach USD 85.44 billion by the end of 2027. The increasing investments in technological integration will play a huge role in the growth of the market in the coming years. The presence of several large scale companies across the world will have a huge impact on the growth of the overall market. According to a report published by Fortune Business Insights, titled “ Aircraft Engine Market Size, Share & COVID-19 Impact Analysis, By Engine Type (Turboprop, Turboshaft, Turbofan, and Piston Engine), By Technology (Conventional Engine, Electric/Hybrid Engine), By Component (Compressor, Turbine, Gear Box, Exhaust Nozzle, Fuel System, and Others), By Platform (Commercial and Military), By End-Use (OEM, Aftermarket), and Regional Forecast, 2020-2027 ”. The market was worth USD 79.93 billion and will exhibit a CAGR of 11.27% during the forecast period, 2020-2027. Aircraft engines are products that are associated with any type of p