Market Research Report
Global Commercial Aircraft Engine Market, 2018
|Published by||Frost & Sullivan||Product code||746066|
|Published||Content info||49 Pages
Delivery time: 1-2 business days
|Global Commercial Aircraft Engine Market, 2018|
|Published: October 31, 2018||Content info: 49 Pages||
Partnerships, Alliances and Joint Ventures Continue to Command the Aircraft Engine Market Across All Regions
Commercial aerospace engines have emerged into one of the engineering marvels of the world. With every commercial aircraft transporting passengers and cargo around the globe, these marvels have become commonplace. Reliability has improved so much that there are now more commercial aircraft operating under Extended range Twin engine Operational Performance Standards (ETOPS) than those with additional engines. Aircraft sales for both the iconic Boeing 747 and the super jumbo Airbus A380 have dwindled in recent years, both propelled by four each taxing powerplants.
With commercial aircraft manufacturers ramping up production to answer the calling market, the supply chain demand for engines follows suit. The single isle aircraft are creating the highest demand in volume. The sector is preparing for another powerplant demand created by the anticipated mid-market platform.
This research study analyses the current market landscape of new commercial aerospace engines at a global level. While this is a global study, the majority of engine production is taking place in the Americas and European regions.
Quality escapes in design have challenged some manufacturers by delaying engine deliveries, stopping production, and requiring costly repairs/modifications. These shortcomings have affected aircraft manufacturers' production level which has trickledown effect to the airlines. Avoidance of such flaws is mandatory for success.
Partnerships, joint ventures, and alliances have been present in the aerospace engine market for decades. Looking into the future, this constant will not dissolve. Engine manufacturers are not only able to mitigate risk through the use of partnerships, but are also able to leverage each other's technology which has launched the entire market ahead.
This growth study profiles each of the OEMs along with partnerships, joint ventures, and alliances. Moreover, flag ship engine lines are profiled for each engine OEM.
Engine manufacturers in this study include GE Aviation, Rolls-Royce, Pratt & Whitney, Safran, CFM International, Engine Alliance and International Aero Engines.
Technology breakthroughs by aerospace engine manufacturers such as ceramic matrix composites (CMCs), 3D woven Resin Transfer Molding (RTM) and additive manufacturing have been discussed.