Global Aviation Gas Turbine Market Report 2024

Aviation Gas Turbine Global Market Report 2024 – By Type (Turbojet, Turbofan, Turboprop, Other Types), By Propulsion (Electric Based Commercial Aircraft, Special Fuel Based Commercial Aircraft), By Application (Commercial Aircraft, Defense Aircraft, Business Aircraft, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Aviation Gas Turbine Global Market Report 2023

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Aviation Gas Turbine Market Definition And Segments

An aviation gas turbine refers to a rotary engine that converts the flow of combustion gases into energy. The primary role of aviation gas turbines is to power an aircraft, in addition to providing energy and improving combustion quality.

The main types of aviation gas turbines are turbojet, turbofan, turboprop, and others. Turbojet refers to a jet engine that employs a turbine-driven compressor to draw air in and compress it before propelling it into a combustion chamber with fuel. The propulsion includes electric-based commercial aircraft and special fuel-based commercial aircraft used for various applications such as commercial aircraft, defense aircraft, business aircraft, and others.

The aviation gas turbine market covered in this report is segmented –

1) By Type: Turbojet, Turbofan, Turboprop, Other Types

2) By Propulsion: Electric Based Commercial Aircraft, Special Fuel Based Commercial Aircraft

3) By Application: Commercial Aircraft, Defense Aircraft, Business Aircraft, Other Applications

The aviation gas turbine market size has grown strongly in recent years. It will grow from $10.82 billion in 2023 to $11.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increasing air travel demand, regulatory changes, geopolitical factors, airline industry dynamics, supply chain and manufacturing trends.

The aviation gas turbine market size is expected to see strong growth in the next few years. It will grow to $14.99 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to green aviation initiatives, electrification trends, emerging markets and regional growth, cybersecurity concerns, materials innovation. Major trends in the forecast period include increased demand for fuel efficiency, advanced materials and technologies, rising importance of maintenance, repair, and overhaul (MRO) services, integration of digital technologies, shift towards sustainable aviation, growing urban air mobility (UAM) sector.

Surging Global Travel Trends Ignite Growth In Aviation Gas Turbine Market

The increasing numbers of global travelers are expected to propel the growth of the aviation gas turbine market. Global travelers refer to someone who frequently travels abroad or moved from one location to another location. Gas turbines operate on compression, combustion, and expansion principles. The air's pressure and temperature rise as the air's velocity decreases. This principle maintains power to weight ratio, thus providing more comfort during the flight. For instance, in 2022, according to the Bureau of Infrastructure and Transport Research Economics (BITRE), an Australia-based economic research, analysis, and statistics providing organization, total passenger movements increased from 1.23 million in November 2021 to 16.68 million passengers in November 2022. Further, in December 2021, according to Bureau of Transport statistics, Passengers on US airlines increased by 119% in October 2021. Therefore, increasing numbers of global travelers are driving the growth of the aviation gas turbine market.

Surging Global Military Expenditure Ignites Growth In Aviation Gas Turbine Market

The rising military expenditure is expected to propel the growth of the aviation gas turbine market going forward. Military expenditure refers to the total amount of resources (financial, material, and human) that a government allocates for its defense and military activities. Military expenditure allows for the acquisition of advanced aircraft equipped with state-of-the-art gas turbine engines, can drive research and development efforts, improves strategic mobility, allows for the rapid deployment of military forces, maintains air superiority, supports aerospace industry, deterrence, and national security. For instance, in April 2023, according to SIPRI (Stockholm International Peace Research Institute), a Sweden-based international organization, in 2022, the total amount spent on military spending worldwide climbed by 3.7% in real terms, hitting a record $2240 billion. China's military budget also increased for the 26th year in a row. Therefore, the rising military expenditure is driving the growth of the aviation gas turbine market.

Major companies operating in the aviation gas turbine market report are General Electric Company, CFM International Inc., Pratt & Whitney Co. Inc., Rolls-Royce Holdings PLC, Avio SpA, Engine Alliance LLC, International Aero Engines AG, MTU Aero Engines AG, United Engine Corporation, Raytheon Technologies Corporation, Williams International Co. LLC, Safran Aircraft Engines, EuroJet Turbo GmbH, Honeywell International Inc., IHI Corporation, Klimov JSC, Kawasaki Heavy Industries Ltd., Safran SA, Solar Turbines Incorporated, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., MAN Energy Solutions SE, MTU Turbomeca Rolls-Royce GmbH, Motor Sich JSC, Chromalloy Gas Turbine LLC, Capstone Turbine Corporation, GKN Aerospace Services Limited, GE Aviation Company .

Collaborative Technological Advancements Are Safran Sa And Ge's Innovative Jet Engine Technology For Next-Gen Aircraft

Technological advancements are a key trend gaining popularity in the aviation gas turbine market. Major companies operating in the aviation gas turbine market are involved in developing new and improved advanced technology to sustain their position in the market. For instance, in June 2021, Safran SA, a French-based aircraft equipment company, and GE, a US-based aviation company, announced their partnership to create innovative jet engine technology. The technology demonstrator project is being launched as the aviation industry gears up to compete for the next generation of single-aisle aircraft, including the MAX and A320neo, in the active segment of the market while also dealing with increasing environmental strain.

Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the aviation gas turbine market are focusing on developing innovative products such as small turbofan engine to drive revenues in their market. Small turbofan engines are lightweight, compact turbine engines that have been employed in a variety of applications, such as unmanned aerial vehicles (UAVs), aircraft, and cruise missiles. For instance, in November 2023, Kratos Turbine Technologies (KTT), a division of Kratos Defense & Security Solutions Inc. a US-based company that provides technology, products, and solutions for national security launched a small turbofan engine. Small turbofan engine with a lower cost and a shorter lifespan than current options, intended for use in disposable and attritable aircraft. The 600-900-lb.-thrust-class turbofan was created in response to the growing need for attritable and disposable aircraft by the US military. Kratos has been given task orders to create cost-optimized turbojet engines for attritable UAVs. The company is focused on developing and producing compact, reasonably priced, high-performance jet engines for cruise missiles and unmanned aerial vehicles (UAVs).

Precision Aviation Group Expands Global MRO Footprint Through Keystone Turbine Services Acquisition

In May 2021, Precision Aviation Group Inc. a US-based company that provides products and services for the aerospace and defense industries acquired Keystone Turbine Services for an undisclosed amount. With this acquisition, Precision Aviation Group is able to expand its maintenance, repair, and operations (MRO) capabilities and add 12 repair stations globally. Further, this acquisition increases Precision Aviation Group’s maintenance, repair, and overhaul (MRO) capabilities, especially with regard to the Rolls-Royce M250 gas turbine engine series. Keystone Turbine Services is a US-based company specializing in the maintenance, repair, and overhaul of gas turbine engines.

North America was the largest region in the aviation gas turbine market in 2023. The regions covered in the aviation gas turbine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the aviation gas turbine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aviation gas turbine consists of sales of compressors, combustion chambers, turbines, and exhaust nozzles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The aviation gas turbines market research report is one of a series of new reports from The Business Research Company that provides aviation gas turbines market statistics, including aviation gas turbines industry global market size, regional shares, competitors with an aviation gas turbines market share, detailed aviation gas turbines market segments, market trends, and opportunities, and any further data you may need to thrive in the aviation gas turbines industry. This aviation gas turbines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aviation Gas Turbine Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $11.64 billion
Revenue Forecast In 2033 $14.99 billion
Growth Rate CAGR of 6.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Turbojet, Turbofan, Turboprop, Other Types
2) By Propulsion: Electric Based Commercial Aircraft, Special Fuel Based Commercial Aircraft
3) By Application: Commercial Aircraft, Defense Aircraft, Business Aircraft, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled General Electric Company; CFM International Inc.; Pratt & Whitney Co. Inc.; Rolls-Royce Holdings plc; Avio SpA; Engine Alliance LLC; International Aero Engines AG; MTU Aero Engines AG; United Engine Corporation; Raytheon Technologies Corporation; Williams International Co. LLC; Safran Aircraft Engines; EuroJet Turbo GmbH; Honeywell International Inc.; IHI Corporation; Klimov JSC; Kawasaki Heavy Industries Ltd.; Safran SA; Solar Turbines Incorporated; Siemens Energy AG; Mitsubishi Heavy Industries Ltd.; MAN Energy Solutions SE; MTU Turbomeca Rolls-Royce GmbH; Motor Sich JSC; Chromalloy Gas Turbine LLC; Capstone Turbine Corporation; GKN Aerospace Services Limited; GE Aviation Company
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Aviation Gas Turbine Market Characteristics

    3. Aviation Gas Turbine Market Trends And Strategies

    4. Aviation Gas Turbine Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Aviation Gas Turbine Market Size and Growth

    5.1. Global Aviation Gas Turbine Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Aviation Gas Turbine Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Aviation Gas Turbine Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Aviation Gas Turbine Market Segmentation

    6.1. Global Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Turbojet

    Turbofan

    Turboprop

    Other Types

    6.2. Global Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Electric Based Commercial Aircraft

    Special Fuel Based Commercial Aircraft

    6.3. Global Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial Aircraft

    Defense Aircraft

    Business Aircraft

    Other Applications

    7. Aviation Gas Turbine Market Regional And Country Analysis

    7.1. Global Aviation Gas Turbine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Aviation Gas Turbine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Aviation Gas Turbine Market  

    8.1. Asia-Pacific Aviation Gas Turbine Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Aviation Gas Turbine Market  

    9.1. China Aviation Gas Turbine Market Overview  

    9.2. China Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Aviation Gas Turbine Market  

    10.1. India Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Aviation Gas Turbine Market  

    11.1. Japan Aviation Gas Turbine Market Overview  

    11.2. Japan Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Aviation Gas Turbine Market  

    12.1. Australia Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Aviation Gas Turbine Market  

    13.1. Indonesia Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Aviation Gas Turbine Market  

    14.1. South Korea Aviation Gas Turbine Market Overview  

    14.2. South Korea Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Aviation Gas Turbine Market  

    15.1. Western Europe Aviation Gas Turbine Market Overview

    15.2. Western Europe Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Aviation Gas Turbine Market  

    16.1. UK Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Aviation Gas Turbine Market  

    17.1. Germany Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Aviation Gas Turbine Market  

    18.5. France Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Aviation Gas Turbine Market  

    19.9. Italy Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Aviation Gas Turbine Market  

    20.13. Spain Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Aviation Gas Turbine Market  

    21.1. Eastern Europe Aviation Gas Turbine Market Overview

    21.2. Eastern Europe Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Aviation Gas Turbine Market  

    22.1. Russia Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Aviation Gas Turbine Market  

    23.1. North America Aviation Gas Turbine Market Overview

    23.2. North America Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Aviation Gas Turbine Market  

    24.1. USA Aviation Gas Turbine Market Overview

    24.2. USA Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Aviation Gas Turbine Market  

    25.1. Canada Aviation Gas Turbine Market Overview

    25.2. Canada Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Aviation Gas Turbine Market  

    26.1. South America Aviation Gas Turbine Market Overview

    26.2. South America Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Aviation Gas Turbine Market  

    27.1. Brazil Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Aviation Gas Turbine Market  

    28.1. Middle East Aviation Gas Turbine Market Overview

    28.2. Middle East Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Aviation Gas Turbine Market  

    29.1. Africa Aviation Gas Turbine Market Overview

    29.2. Africa Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Aviation Gas Turbine Market Competitive Landscape And Company Profiles

    30.1. Aviation Gas Turbine Market Competitive Landscape

    30.2. Aviation Gas Turbine Market Company Profiles

    30.2.1. General Electric Company

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. CFM International Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Pratt & Whitney Co. Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Rolls-Royce Holdings plc

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Avio SpA

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Aviation Gas Turbine Market Competitive Benchmarking

    32. Global Aviation Gas Turbine Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Aviation Gas Turbine Market

    34. Aviation Gas Turbine Market Future Outlook and Potential Analysis

    34.1 Aviation Gas Turbine Market In 2028 - Countries Offering Most New Opportunities

    34.2 Aviation Gas Turbine Market In 2028 - Segments Offering Most New Opportunities

    34.3 Aviation Gas Turbine Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Aviation Gas Turbine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Aviation Gas Turbine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: General Electric Company Financial Performance
  • Table 75: CFM International Inc. Financial Performance
  • Table 76: Pratt & Whitney Co. Inc. Financial Performance
  • Table 77: Rolls-Royce Holdings plc Financial Performance
  • Table 78: Avio SpA Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Aviation Gas Turbine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Aviation Gas Turbine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Aviation Gas Turbine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Aviation Gas Turbine Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Aviation Gas Turbine Market, Segmentation By Application:, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: General Electric Company Financial Performance
  • Figure 75: CFM International Inc. Financial Performance
  • Figure 76: Pratt & Whitney Co. Inc. Financial Performance
  • Figure 77: Rolls-Royce Holdings plc Financial Performance
  • Figure 78: Avio SpA Financial Performance
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Frequently Asked Questions

What is the definition of the aviation gas turbine market?

An aviation gas turbine refers to a rotary engine that converts the flow of combustion gases into energy. The primary role of aviation gas turbines is to power an aircraft, in addition to providing energy and improving combustion quality. For further insights on the aviation gas turbine market, request a sample here

How will the aviation gas turbine market drivers and restraints affect the aviation gas turbine market dynamics? What forces will shape the aviation gas turbine industry going forward?

The aviation gas turbine market major growth driver - surging global travel trends ignite growth in aviation gas turbine market. For further insights on the aviation gas turbine market, request a sample here

What is the forecast market size or the forecast market value of the aviation gas turbine market ?

The aviation gas turbine market size has grown strongly in recent years. It will grow from $10.82 billion in 2023 to $11.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increasing air travel demand, regulatory changes, geopolitical factors, airline industry dynamics, supply chain and manufacturing trends. The aviation gas turbine market size is expected to see strong growth in the next few years. It will grow to $14.99 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to green aviation initiatives, electrification trends, emerging markets and regional growth, cybersecurity concerns, materials innovation. Major trends in the forecast period include increased demand for fuel efficiency, advanced materials and technologies, rising importance of maintenance, repair, and overhaul (mro) services, integration of digital technologies, shift towards sustainable aviation, growing urban air mobility (uam) sector. For further insights on the aviation gas turbine market, request a sample here

How is the aviation gas turbine market segmented?

The aviation gas turbine market is segmented
1) By Type: Turbojet, Turbofan, Turboprop, Other Types
2) By Propulsion: Electric Based Commercial Aircraft, Special Fuel Based Commercial Aircraft
3) By Application: Commercial Aircraft, Defense Aircraft, Business Aircraft, Other ApplicationsFor further insights on the aviation gas turbine market, request a sample here

Which region has the largest share of the aviation gas turbine market? What are the other regions covered in the report?

North America was the largest region in the aviation gas turbine market in 2023. The regions covered in the aviation gas turbine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the aviation gas turbine market, request a sample here.

Who are the major players in the aviation gas turbine market?

Major companies operating in the aviation gas turbine market report are General Electric Company, CFM International Inc., Pratt & Whitney Co. Inc., Rolls-Royce Holdings plc, Avio SpA, Engine Alliance LLC, International Aero Engines AG, MTU Aero Engines AG, United Engine Corporation, Raytheon Technologies Corporation, Williams International Co. LLC, Safran Aircraft Engines, EuroJet Turbo GmbH, Honeywell International Inc., IHI Corporation, Klimov JSC, Kawasaki Heavy Industries Ltd., Safran SA, Solar Turbines Incorporated, Siemens Energy AG, Mitsubishi Heavy Industries Ltd., MAN Energy Solutions SE, MTU Turbomeca Rolls-Royce GmbH, Motor Sich JSC, Chromalloy Gas Turbine LLC, Capstone Turbine Corporation, GKN Aerospace Services Limited, GE Aviation Company . For further insights on the aviation gas turbine market, request a sample here.

What are the key trends in the aviation gas turbine market?

Major trend in the aviation gas turbine market - collaborative technological advancements are safran sa and ge's innovative jet engine technology for next-gen aircraft. For further insights on the aviation gas turbine market, request a sample here.

What are the major opportunities in the aviation gas turbine market? What are the strategies for the aviation gas turbine market?

For detailed insights on the major opportunities and strategies in the aviation gas turbine market, request a sample here.

How does the aviation gas turbine market relate to the overall economy and other similar markets?

For detailed insights on aviation gas turbine market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the aviation gas turbine industry?

For detailed insights on the mergers and acquisitions in the aviation gas turbine industry, request a sample here.

What are the key dynamics influencing the aviation gas turbine market growth? SWOT analysis of the aviation gas turbine market.

For detailed insights on the key dynamics influencing the aviation gas turbine market growth and SWOT analysis of the aviation gas turbine industry, request a sample here.