PUBLISHER: QYResearch | PRODUCT CODE: 1291773
PUBLISHER: QYResearch | PRODUCT CODE: 1291773
The global Power by the Hour (PBH) market was valued at US$ 21,736.73 million in 2022 and is anticipated to reach US$ 35,139.48 million by 2029, witnessing a CAGR of 6.16% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Power by the Hour (PBH) is estimated to increase from $ 7,876.54 million in 2023 to reach $ 11,216.10 million by 2029, at a CAGR of 6.07% during the forecast period of 2023 through 2029.
Asia-Pacific market for Power by the Hour (PBH) is estimated to increase from $ 6,590.66 million in 2023 to reach $ 9,663.20 million by 2029, at a CAGR of 6.59% during the forecast period of 2023 through 2029.
The global market for Power by the Hour (PBH) in Commercial Aviation is estimated to increase from $ 24,553.81 million in 2023 to $ 35,139.48 million by 2029, at a CAGR of 6.16% during the forecast period of 2023 through 2029.
The major global companies of Power by the Hour (PBH) include: GE Aviation, Rolls-Royce plc, MTU Aero Engines AG, AFI KLM E&M, Textron Inc., Raytheon Technologies, ST Engineering, Lufthansa Technik, and AAR, etc. In 2022, the world's top three vendors accounted for approximately 42.02 % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Power by the Hour (PBH), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power by the Hour (PBH).
The Power by the Hour (PBH) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Power by the Hour (PBH) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power by the Hour (PBH) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.