The Military Aircraft Engines Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Military Aircraft Engines Market?
The size of the military aircraft engines market has been increasing consistently over recent years. In terms of figures, it is expected to rise from $17.78 billion in 2024 to $18.50 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Military Aircraft Engines Industry?
The Military Aircraft Engines Global Market is anticipated to reach a size of $21.46 billion in 2029, with a projected compound annual growth rate (CAGR) of 3.8%.
Download Your Free Sample of the 2025 Military Aircraft Engines Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Military Aircraft Engines Market?
The key drivers in the military aircraft engines market are:
• Increasing defense budgets.
• The rising need for advanced propulsion technologies.
• Growing government contracts and support.
• The uptick in military modernization programs.
• Increasing geopolitical tensions.
Global Market Segmentation: Identifying Major Military Aircraft Engines Industry Segments
The military aircraft engines market covered in this report is segmented –
1) By Engine Type: Turbofan Engines, Turboprop Engines, Turbojet Engines, Turboshaft Engines
2) By Component: Compressor, Turbine, Combustion Chamber, Afterburner
3) By Technology: Conventional Engines, Hybrid Engines, Electric Engines
4) By Application: Fighter Aircraft, Transport Aircraft, Helicopters, Bombers, Reconnaissance Aircraft, Tanker Aircraft, Unmanned Aerial Vehicles
Pre-order the 2025 Military Aircraft Engines Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Military Aircraft Engines Market?
The key trends in the military aircraft engines market are:
• Major advancements in engine materials and coatings is a key emerging trend.
• Technological progression in thrust vectoring systems is becoming influential.
• There is a considerable shift towards the development of adaptive cycle engines.
• The integration of digital engine control systems and development of hybrid-electric propulsion systems represents a significant trend.
Who Are the Top Competitors & Leading Players in the Military Aircraft Engines Market?
Major players in the military aircraft engines market are:
• Avio S.p.A
• Honeywell International Inc.
• Mitsubishi Heavy Industries Ltd.
• GE Aerospace
• Pratt & Whitney
• Rolls-Royce Holdings plc
• Kawasaki Heavy Industries Ltd.
• IHI Corporation
• Israel Aerospace Industries Ltd.
• Williams International Co. LLC
• Safran Aircraft Engines
• PBS Velká Bíteš a.s
• Ivchenko-Progress SE
• EuroJet Turbo GmbH
• Klimov JSC
• MTU Aero Engines AG
• Motor Sich JSC
• NPO Saturn
• Chengdu Engine Group Co. Ltd.
• Xian Aero Engine Corporation
Regional Dominance: Which Area Leads the Global Military Aircraft Engines Market?
North America was the largest region in the military aircraft engines market in 2024
