Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
the market forward. World economy catalyzing urbanization and emergence of the
middle class are keys to the expansion of airline industry leading to increasing demand
for aircraft engines and equipment. Technological advancements along with developing
innovative trends such as M601H-80 Turboprop Derivative Engine II-49 and launch of
the G3-R9 II-48 market are also one of the factors anticipated to drive the market.
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The focus of the industry is in the manufacturing of fuel efficient engines, leading to the
manufacturing of low-cost aircraft which is expected to drive the market even further.
Furthermore, recent collaborations such as Jet airways and Etihad, Avidyne
Corporation, Eagle Creek Aviation Services, Inc., Edge Aviation Services, and Lone
Mountain Aviation is anticipated to foster the aircraft engines and equipment market
growth. However, reduction in defense expenditure is anticipated to hinder the aircraft
engine and equipment market in the forecast period.
The market is further categorized on the basis of the commercial aircraft jet engine
market by engine type into turbofan and turboprop. Furthermore, the commercial
aircraft market is categorized on the basis of components into engine, airframe,
systems, avionics, interior and landing gear. On the basis of aircraft type into large
widebody, medium widebody, small widebody, narrow body, regional jets and business
jets. The market is also segmented on the basis of application into civil and military.
Aircraft engines and equipment market is further categorized on the basis of business
sectors into integrated aero structures, engine systems, transparency systems,
integrated propulsion systems, special products, wiring systems and landing gears.
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