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Turboshaft Engine Global Market Report 2025
Global Turboshaft Engine Market Report 2025
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Published : December 2025

Pages : 250

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00 $3367.00

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Turboshaft Engine Global Market Report 2025

By Engine Type (Single-Spool Turboshaft Engines, Multi-Spool Turboshaft Engines, Turbocharged Turboshaft Engines), By Fuel Type (Aviation Turbine Fuel (ATF), Biofuels, Diesel, Jet Fuel), By Power Rating (Below 500 HP, 500_2000 HP, Above 2000 HP), By Application (Aerospace, Defense, Commercial Aviation, Industrial, Marine), By End-User (Commercial Operators, Military Or Government, Original Equipment Manufacturers (OEMs), Maintenance Repair And Overhaul (MRO) Providers) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Turboshaft Engine  Market Overview

• Turboshaft Engine  market size has reached to $5.15 billion in 2024

• Expected to grow to $7.33 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%

• Growth Driver: The Rising Defense Budget Is Driving The Market Due To Increasing Military Modernization Needs

• Market Trend: European Turboshaft Engine Advancements Drive Efficiency And Strategic Autonomy

North America was the largest region in 2024.

What Is Covered Under Turboshaft Engine Market?

A turboshaft engine is a type of gas turbine engine specifically designed to convert the majority of its produced energy into shaft power rather than thrust, utilizing a high-speed rotating shaft connected to a power transmission system and incorporating components such as a compressor, combustion chamber, turbine stages, and reduction gearbox to efficiently deliver mechanical energy for driving external loads. These engines are primarily employed in applications requiring reliable, continuous rotational power output for propulsion or operation of heavy machinery, particularly in environments demanding high power-to-weight ratios and compact, efficient energy conversion.

The main engine types in turboshaft engines are single-spool turboshaft engines, multi-spool turboshaft engines, and turbocharged turboshaft engines. A single-spool turboshaft engine is a type of turboshaft engine in which all compressor and turbine stages are mounted on a single rotating shaft, producing mechanical power efficiently through a single continuous rotational axis. The fuel types in these are aviation turbine fuel (ATF), biofuels, diesel, and jet fuel, by power ratings as below 500 hp, 500–2000 hp, and above 2000 hp, used in applications such as aerospace, defense, commercial aviation, industrial, and marine, by the end-users including commercial operators, military or government, original equipment manufacturers (OEMs), and maintenance repair and overhaul (MRO) providers.

Turboshaft Engine Global Market  Report 2025 Market Size and growth rate 2025 to 2029: Graph

What Is The Turboshaft Engine Market Size 2025 And Growth Rate?

The turboshaft engine market size has grown strongly in recent years. It will grow from $5.15 billion in 2024 to $5.54 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to the growing helicopter leasing market, growing interest in unmanned cargo rotorcraft, growing demand for compact engines with higher thrust, growing civil aviation sector in emerging economies, and growing application of engines in firefighting helicopters.

What Is The Turboshaft Engine Market Growth Forecast?

The turboshaft engine market size is expected to see strong growth in the next few years. It will grow to $7.33 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing demand for military helicopters, increasing focus on lightweight and fuel-efficient engines, increasing government defense budgets, increasing investments in urban air mobility projects, and growing integration of digital engine control systems. Major trends in the forecast period include technology advancement in fuel-efficient combustion systems, technology adoption of additive manufacturing (3D printing), technology upgrades in digital twin solutions, developing advanced cooling technologies, and innovation in rotorcraft propulsion systems.

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What’s The Trade War Impact On Aerospace And Defense Industry?

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

How Is The Turboshaft Engine Market Segmented?

1) By Engine Type: Single-Spool Turboshaft Engines, Multi-Spool Turboshaft Engines, Turbocharged Turboshaft Engines

2) By Fuel Type: Aviation Turbine Fuel (ATF), Biofuels, Diesel, Jet Fuel

3) By Power Rating: Below 500 HP, 500–2000 HP, Above 2000 HP

4) By Application: Aerospace, Defense, Commercial Aviation, Industrial, Marine

5) By End-User: Commercial Operators, Military Or Government, Original Equipment Manufacturers (OEMs), Maintenance Repair And Overhaul (MRO) Providers

Subsegments:

1) By Single-Spool Turboshaft Engines: Light Duty Engines, Medium Duty Engines, Heavy Duty Engines

2) By Multi-Spool Turboshaft Engines: Twin Spool Engines, Triple Spool Engines, Variable Spool Engines

3) By Turbocharged Turboshaft Engines: Low Pressure Turbocharged Engines, Medium Pressure Turbocharged Engines, High Pressure Turbocharged Engines

What Is Driving The Turboshaft Engine Market? The Rising Defense Budget Is Driving The Market Due To Increasing Military Modernization Needs

The rising defense budget is expected to propel the growth of the turboshaft engine market going forward. Defense budgets refer to the allocated financial resources by a nation’s government specifically designated for the planning, development, procurement, maintenance, and operational readiness of its armed forces and related defense infrastructure. A primary factor driving rising defense budgets is the increasing complexity of national security threats, as governments are compelled to invest more heavily in advanced technologies, training, and capabilities to ensure strategic deterrence and maintain a robust defense posture. Turboshaft engines enable enhanced performance, efficiency, and operational reliability of military helicopters and other rotary-wing aircraft, thereby supporting the objectives of modernized and well-funded defense programs. For instance, in February 2025, according to the International Institute for Strategic Studies (IISS), a UK-based non-governmental think tank, global defense spending rose to USD 2.46 trillion in 2024 from USD 2.24 trillion in 2023, with real-term growth accelerating to 7.4 percent compared to 6.5 percent in 2023 and 3.5 percent in 2022, resulting in an average allocation of 1.9 percent of gross domestic product in 2024, up from 1.6 percent in 2022 and 1.8 percent in 2023. Therefore, the rising defense budget is driving the growth of the turboshaft engine industry.

Who Are The Major Players In The Global Turboshaft Engine Market?

Major companies operating in the turboshaft engine market are Honeywell Aerospace Inc., GE Aerospace, Pratt & Whitney, Rolls-Royce Plc, Aero Engine Corporation of China, Kawasaki Heavy Industries (KHI), IHI Corporation, AVIC Engine Corporation, MTU Aero Engines AG, Safran Group, ITP Aero S.A. (Bain Capital), Harbin Engine Group Co. Ltd., PBS GROUP, TUSAS Engine Industries Inc., Avio Aero S.p.A., Jakadofsky GmbH, Klimov JSC, Konner S.r.l., Motor Sich JSC, Astro Mechanica

What Are The Key Trends Of The Global Turboshaft Engine Market? European Turboshaft Engine Advancements Drive Efficiency And Strategic Autonomy

Major companies in the turboshaft engine market are increasingly focusing on strategic collaborations to develop advanced free power turbines and high-efficiency engine components, aiming to enhance performance, reduce fuel consumption, and meet the stringent reliability and safety standards required for modern military and civil helicopters. A free power turbine (FPT) is a turbine in a turboshaft engine that operates independently of the engine’s gas generator, extracting energy from exhaust gases to drive an output shaft such as a helicopter rotor without being mechanically connected to the compressor or turbine producing the engine’s gas flow. For example, in June 2025, Avio Aero, an Italy-based company specializing in aviation propulsion systems, partnered with Safran Helicopter Engines, a France-based manufacturer of helicopter engines, and MTU Aero Engines, a Germany-based manufacturer of commercial and military aircraft engines, to develop next-generation military helicopter engines. This partnership is set to deliver advanced turboshaft engines featuring higher power-to-weight ratios, improved fuel efficiency, durable free power turbines, modular designs, and digital monitoring systems, enabling easier maintenance and enhanced helicopter performance while supporting European strategic autonomy.

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What Are Latest Mergers And Acquisitions In The Turboshaft Engine Market? McFarlane Acquires PMA To Expand FAA-PMA Parts Portfolio

In March 2024, McFarlane Aviation, a US-based aerospace manufacturer and distributor, acquired PMA Products, Inc. for an undisclosed amount. This acquisition aims to expand McFarlane’s portfolio of FAA-PMA-approved replacement parts, strengthen its position in the general aviation aftermarket, and enhance its offerings for aircraft models including Piper, Beechcraft, Cessna, and PT6 turboshaft engines. PMA Products, Inc. is a US-based company that manufactures FAA-PMA-certified aircraft parts, including components for aircraft such as turboshaft engines.

What Is The Regional Outlook For The Global Turboshaft Engine Market?

North America was the largest region in the turboshaft engine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Turboshaft Engine Market?

The turboshaft engine market consists of sales of products such as turbojet-turboshaft hybrid engines, free-turbine turboshaft engines, geared turboshaft engines, marine turboshaft engines, and industrial turboshaft engines. 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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Turboshaft Engine Industry?

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

Author : Abdul Wasay

Turboshaft Engine Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $5.54 billion
Revenue Forecast In 2034 $7.33 billion
Growth Rate CAGR of 7.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered Engine Type, Fuel Type, Power Rating, Application, End-User
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Honeywell Aerospace Inc., GE Aerospace, Pratt & Whitney, Rolls-Royce Plc, Aero Engine Corporation of China, Kawasaki Heavy Industries (KHI), IHI Corporation, AVIC Engine Corporation, MTU Aero Engines AG, Safran Group, ITP Aero S.A. (Bain Capital), Harbin Engine Group Co. Ltd., PBS GROUP, TUSAS Engine Industries Inc., Avio Aero S.p.A., Jakadofsky GmbH, Klimov JSC, Konner S.r.l., Motor Sich JSC, Astro Mechanica
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Turboshaft Engine Market Characteristics

3. Turboshaft Engine Market Trends And Strategies

4. Turboshaft Engine Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Turboshaft Engine Growth Analysis And Strategic Analysis Framework

5.1. Global Turboshaft Engine PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Turboshaft Engine Market Growth Rate Analysis

5.4. Global Turboshaft Engine Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Turboshaft Engine Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Turboshaft Engine Total Addressable Market (TAM)

6. Turboshaft Engine Market Segmentation

6.1. Global Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Single-Spool Turboshaft Engines

Multi-Spool Turboshaft Engines

Turbocharged Turboshaft Engines

6.2. Global Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Aviation Turbine Fuel (ATF)

Biofuels

Diesel

Jet Fuel

6.3. Global Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Below 500 HP

500_2000 HP

Above 2000 HP

6.4. Global Turboshaft Engine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Aerospace

Defense

Commercial Aviation

Industrial

Marine

6.5. Global Turboshaft Engine Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Commercial Operators

Military Or Government

Original Equipment Manufacturers (OEMs)

Maintenance Repair And Overhaul (MRO) Providers

6.6. Global Turboshaft Engine Market, Sub-Segmentation Of Single-Spool Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Light Duty Engines

Medium Duty Engines

Heavy Duty Engines

6.7. Global Turboshaft Engine Market, Sub-Segmentation Of Multi-Spool Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Twin Spool Engines

Triple Spool Engines

Variable Spool Engines

6.8. Global Turboshaft Engine Market, Sub-Segmentation Of Turbocharged Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Low Pressure Turbocharged Engines

Medium Pressure Turbocharged Engines

High Pressure Turbocharged Engines

7. Turboshaft Engine Market Regional And Country Analysis

7.1. Global Turboshaft Engine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Turboshaft Engine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Turboshaft Engine Market

8.1. Asia-Pacific Turboshaft Engine Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Turboshaft Engine Market

9.1. China Turboshaft Engine Market Overview

9.2. China Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Turboshaft Engine Market

10.1. India Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Turboshaft Engine Market

11.1. Japan Turboshaft Engine Market Overview

11.2. Japan Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Turboshaft Engine Market

12.1. Australia Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Turboshaft Engine Market

13.1. Indonesia Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Turboshaft Engine Market

14.1. South Korea Turboshaft Engine Market Overview

14.2. South Korea Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Turboshaft Engine Market

15.1. Western Europe Turboshaft Engine Market Overview

15.2. Western Europe Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Turboshaft Engine Market

16.1. UK Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Turboshaft Engine Market

17.1. Germany Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Turboshaft Engine Market

18.1. France Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Turboshaft Engine Market

19.1. Italy Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Turboshaft Engine Market

20.1. Spain Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Turboshaft Engine Market

21.1. Eastern Europe Turboshaft Engine Market Overview

21.2. Eastern Europe Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Turboshaft Engine Market

22.1. Russia Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Turboshaft Engine Market

23.1. North America Turboshaft Engine Market Overview

23.2. North America Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Turboshaft Engine Market

24.1. USA Turboshaft Engine Market Overview

24.2. USA Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Turboshaft Engine Market

25.1. Canada Turboshaft Engine Market Overview

25.2. Canada Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Turboshaft Engine Market

26.1. South America Turboshaft Engine Market Overview

26.2. South America Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Turboshaft Engine Market

27.1. Brazil Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Turboshaft Engine Market

28.1. Middle East Turboshaft Engine Market Overview

28.2. Middle East Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Turboshaft Engine Market

29.1. Africa Turboshaft Engine Market Overview

29.2. Africa Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Turboshaft Engine Market Competitive Landscape And Company Profiles

30.1. Turboshaft Engine Market Competitive Landscape

30.2. Turboshaft Engine Market Company Profiles

30.2.1. Honeywell Aerospace Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. GE Aerospace Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Pratt & Whitney Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Rolls-Royce Plc Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Aero Engine Corporation of China Overview, Products and Services, Strategy and Financial Analysis

31. Turboshaft Engine Market Other Major And Innovative Companies

31.1. Kawasaki Heavy Industries (KHI)

31.2. IHI Corporation

31.3. AVIC Engine Corporation

31.4. MTU Aero Engines AG

31.5. Safran Group

31.6. ITP Aero S.A. (Bain Capital)

31.7. Harbin Engine Group Co. Ltd.

31.8. PBS GROUP

31.9. TUSAS Engine Industries Inc.

31.10. Avio Aero S.p.A.

31.11. Jakadofsky GmbH

31.12. Klimov JSC

31.13. Konner S.r.l.

31.14. Motor Sich JSC

31.15. Astro Mechanica

32. Global Turboshaft Engine Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Turboshaft Engine Market

34. Recent Developments In The Turboshaft Engine Market

35. Turboshaft Engine Market High Potential Countries, Segments and Strategies

35.1 Turboshaft Engine Market In 2029 - Countries Offering Most New Opportunities

35.2 Turboshaft Engine Market In 2029 - Segments Offering Most New Opportunities

35.3 Turboshaft Engine Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Turboshaft Engine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Turboshaft Engine Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Turboshaft Engine Market, Sub-Segmentation Of Single-Spool Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Turboshaft Engine Market, Sub-Segmentation Of Multi-Spool Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Turboshaft Engine Market, Sub-Segmentation Of Turbocharged Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Turboshaft Engine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Turboshaft Engine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Honeywell Aerospace Inc. Financial Performance
  • Table 80: GE Aerospace Financial Performance
  • Table 81: Pratt & Whitney Financial Performance
  • Table 82: Rolls-Royce Plc Financial Performance
  • Table 83: Aero Engine Corporation of China Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Turboshaft Engine Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Turboshaft Engine Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Turboshaft Engine Market, Sub-Segmentation Of Single-Spool Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Turboshaft Engine Market, Sub-Segmentation Of Multi-Spool Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Turboshaft Engine Market, Sub-Segmentation Of Turbocharged Turboshaft Engines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Turboshaft Engine Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Turboshaft Engine Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Turboshaft Engine Market, Segmentation By Engine Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Turboshaft Engine Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Turboshaft Engine Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Honeywell Aerospace Inc. Financial Performance
  • Figure 80: GE Aerospace Financial Performance
  • Figure 81: Pratt & Whitney Financial Performance
  • Figure 82: Rolls-Royce Plc Financial Performance
  • Figure 83: Aero Engine Corporation of China Financial Performance

Frequently Asked Questions

A turboshaft engine is a type of gas turbine engine specifically designed to convert the majority of its produced energy into shaft power rather than thrust, utilizing a high-speed rotating shaft connected to a power transmission system and incorporating components such as a compressor, combustion chamber, turbine stages, and reduction gearbox to efficiently deliver mechanical energy for driving external loads. These engines are primarily employed in applications requiring reliable, continuous rotational power output for propulsion or operation of heavy machinery, particularly in environments demanding high power-to-weight ratios and compact, efficient energy conversion. For further insights on this market, request a sample here

The market major growth driver - The Rising Defense Budget Is Driving The Market Due To Increasing Military Modernization Needs. For further insights on this market, request a sample here

The turboshaft engine market size has grown strongly in recent years. It will grow from $5.15 billion in 2024 to $5.54 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to the growing helicopter leasing market, growing interest in unmanned cargo rotorcraft, growing demand for compact engines with higher thrust, growing civil aviation sector in emerging economies, and growing application of engines in firefighting helicopters. The turboshaft engine market size is expected to see strong growth in the next few years. It will grow to $7.33 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to increasing demand for military helicopters, increasing focus on lightweight and fuel-efficient engines, increasing government defense budgets, increasing investments in urban air mobility projects, and growing integration of digital engine control systems. Major trends in the forecast period include technology advancement in fuel-efficient combustion systems, technology adoption of additive manufacturing (3D printing), technology upgrades in digital twin solutions, developing advanced cooling technologies, and innovation in rotorcraft propulsion systems. For further insights on this market, request a sample here

The turboshaft engine market covered in this report is segmented as
1) By Engine Type: Single-Spool Turboshaft Engines, Multi-Spool Turboshaft Engines, Turbocharged Turboshaft Engines
2) By Fuel Type: Aviation Turbine Fuel (ATF), Biofuels, Diesel, Jet Fuel
3) By Power Rating: Below 500 HP, 500_2000 HP, Above 2000 HP
4) By Application: Aerospace, Defense, Commercial Aviation, Industrial, Marine
5) By End-User: Commercial Operators, Military Or Government, Original Equipment Manufacturers (OEMs), Maintenance Repair And Overhaul (MRO) Providers Subsegments:
1) By Single-Spool Turboshaft Engines: Light Duty Engines, Medium Duty Engines, Heavy Duty Engines
2) By Multi-Spool Turboshaft Engines: Twin Spool Engines, Triple Spool Engines, Variable Spool Engines
3) By Turbocharged Turboshaft Engines: Low Pressure Turbocharged Engines, Medium Pressure Turbocharged Engines, High Pressure Turbocharged Engines For further insights on this market,
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North America was the largest region in the turboshaft engine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on this market, request a sample here.

Major companies operating in the turboshaft engine market are Honeywell Aerospace Inc., GE Aerospace, Pratt & Whitney, Rolls-Royce Plc, Aero Engine Corporation of China, Kawasaki Heavy Industries (KHI), IHI Corporation, AVIC Engine Corporation, MTU Aero Engines AG, Safran Group, ITP Aero S.A. (Bain Capital), Harbin Engine Group Co. Ltd., PBS GROUP, TUSAS Engine Industries Inc., Avio Aero S.p.A., Jakadofsky GmbH, Klimov JSC, Konner S.r.l., Motor Sich JSC, Astro Mechanica . For further insights on this market, request a sample here.

Major trends in this market include European Turboshaft Engine Advancements Drive Efficiency And Strategic Autonomy. For further insights on this market, request a sample here.

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