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Commercial Aviation Turbofan Engines-Global Market Insights and Sales Trends 2025
Synopsis
The turbofan engine is a type of airbreathing jet engine, broadly used as an aircraft propulsion system.
The global Commercial Aviation Turbofan Engines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Aviation Turbofan Engines in various end use industries. The expanding demands from the Narrowbody Aircraft and Widebody Aircraft, are propelling Commercial Aviation Turbofan Engines market. High-Bypass Turbofan Engines, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Bypass Turbofan Engines segment is estimated at % CAGR for the next seven-year period.
The Global Commercial Aircraft Turbofan engines market has been in the super-cruise mode propelled by one of the longest aviation super-cycle being driven by strong tailwinds with strong demand drivers and favorable macroeconomic factors. The engine manufacturers, buoyed by the huge order backlog & visibility of order book positions, are ramping up production output to meet delivery timelines with some transitioning from the production of previous generation engines to latest engine programs. The same is likely to translate into significant top-line growth for the industry over the next decade. Next-generation aviation turbofan engines, featuring a high bypass ratio and extensive usage of technological innovations from the competing engine powerhouses have just entered service over the recent years, are proving their mettle in grueling, active duty service and are likely to form a major chunk of new deliveries over medium term given the composition of order backlog across aircraft OEMs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Aviation Turbofan Engines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Aviation Turbofan Engines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Aviation Turbofan Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Aviation Turbofan Engines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Aviation Turbofan Engines covered in this report include GE Aviation, Pratt & Whitney, Rolls-Royce, United Aircraft Corporation (UAC), Safran S.A. (CFM International), Honeywell, MTU Aero Engines and IHI Corporation, etc.
The global Commercial Aviation Turbofan Engines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE Aviation
Pratt & Whitney
Rolls-Royce
United Aircraft Corporation (UAC)
Safran S.A. (CFM International)
Honeywell
MTU Aero Engines
IHI Corporation
Global Commercial Aviation Turbofan Engines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Aviation Turbofan Engines market, Segment by Type:
High-Bypass Turbofan Engines
Low-Bypass Turbofan Engines
Global Commercial Aviation Turbofan Engines market, by Application
Narrowbody Aircraft
Widebody Aircraft
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Aviation Turbofan Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Aviation Turbofan Engines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The turbofan engine is a type of airbreathing jet engine, broadly used as an aircraft propulsion system.
The global Commercial Aviation Turbofan Engines market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Commercial Aviation Turbofan Engines in various end use industries. The expanding demands from the Narrowbody Aircraft and Widebody Aircraft, are propelling Commercial Aviation Turbofan Engines market. High-Bypass Turbofan Engines, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Bypass Turbofan Engines segment is estimated at % CAGR for the next seven-year period.
The Global Commercial Aircraft Turbofan engines market has been in the super-cruise mode propelled by one of the longest aviation super-cycle being driven by strong tailwinds with strong demand drivers and favorable macroeconomic factors. The engine manufacturers, buoyed by the huge order backlog & visibility of order book positions, are ramping up production output to meet delivery timelines with some transitioning from the production of previous generation engines to latest engine programs. The same is likely to translate into significant top-line growth for the industry over the next decade. Next-generation aviation turbofan engines, featuring a high bypass ratio and extensive usage of technological innovations from the competing engine powerhouses have just entered service over the recent years, are proving their mettle in grueling, active duty service and are likely to form a major chunk of new deliveries over medium term given the composition of order backlog across aircraft OEMs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Commercial Aviation Turbofan Engines, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Commercial Aviation Turbofan Engines market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Commercial Aviation Turbofan Engines market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Commercial Aviation Turbofan Engines sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Commercial Aviation Turbofan Engines covered in this report include GE Aviation, Pratt & Whitney, Rolls-Royce, United Aircraft Corporation (UAC), Safran S.A. (CFM International), Honeywell, MTU Aero Engines and IHI Corporation, etc.
The global Commercial Aviation Turbofan Engines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GE Aviation
Pratt & Whitney
Rolls-Royce
United Aircraft Corporation (UAC)
Safran S.A. (CFM International)
Honeywell
MTU Aero Engines
IHI Corporation
Global Commercial Aviation Turbofan Engines market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Commercial Aviation Turbofan Engines market, Segment by Type:
High-Bypass Turbofan Engines
Low-Bypass Turbofan Engines
Global Commercial Aviation Turbofan Engines market, by Application
Narrowbody Aircraft
Widebody Aircraft
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Commercial Aviation Turbofan Engines manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Commercial Aviation Turbofan Engines in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Commercial Aviation Turbofan Engines Market Overview
1.1 Commercial Aviation Turbofan Engines Product Overview
1.2 Commercial Aviation Turbofan Engines Market Segment by Type
1.2.1 High-Bypass Turbofan Engines
1.2.2 Low-Bypass Turbofan Engines
1.3 Global Commercial Aviation Turbofan Engines Market Size by Type
1.3.1 Global Commercial Aviation Turbofan Engines Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial Aviation Turbofan Engines Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial Aviation Turbofan Engines Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial Aviation Turbofan Engines Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial Aviation Turbofan Engines Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial Aviation Turbofan Engines Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial Aviation Turbofan Engines Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial Aviation Turbofan Engines Sales Breakdown by Type (2018-2023)
2 Global Commercial Aviation Turbofan Engines Market Competition by Company
2.1 Global Top Players by Commercial Aviation Turbofan Engines Sales (2018-2023)
2.2 Global Top Players by Commercial Aviation Turbofan Engines Revenue (2018-2023)
2.3 Global Top Players by Commercial Aviation Turbofan Engines Price (2018-2023)
2.4 Global Top Manufacturers Commercial Aviation Turbofan Engines Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial Aviation Turbofan Engines Market Competitive Situation and Trends
2.5.1 Commercial Aviation Turbofan Engines Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial Aviation Turbofan Engines Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial Aviation Turbofan Engines as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial Aviation Turbofan Engines Market
2.8 Key Manufacturers Commercial Aviation Turbofan Engines Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial Aviation Turbofan Engines Status and Outlook by Region
3.1 Global Commercial Aviation Turbofan Engines Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial Aviation Turbofan Engines Historic Market Size by Region
3.2.1 Global Commercial Aviation Turbofan Engines Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial Aviation Turbofan Engines Sales in Value by Region (2018-2023)
3.2.3 Global Commercial Aviation Turbofan Engines Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial Aviation Turbofan Engines Forecasted Market Size by Region
3.3.1 Global Commercial Aviation Turbofan Engines Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial Aviation Turbofan Engines Sales in Value by Region (2024-2029)
3.3.3 Global Commercial Aviation Turbofan Engines Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial Aviation Turbofan Engines by Application
4.1 Commercial Aviation Turbofan Engines Market Segment by Application
4.1.1 Narrowbody Aircraft
4.1.2 Widebody Aircraft
4.2 Global Commercial Aviation Turbofan Engines Market Size by Application
4.2.1 Global Commercial Aviation Turbofan Engines Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial Aviation Turbofan Engines Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial Aviation Turbofan Engines Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial Aviation Turbofan Engines Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial Aviation Turbofan Engines Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial Aviation Turbofan Engines Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial Aviation Turbofan Engines Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial Aviation Turbofan Engines Sales Breakdown by Application (2018-2023)
5 North America Commercial Aviation Turbofan Engines by Country
5.1 North America Commercial Aviation Turbofan Engines Historic Market Size by Country
5.1.1 North America Commercial Aviation Turbofan Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial Aviation Turbofan Engines Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial Aviation Turbofan Engines Sales in Value by Country (2018-2023)
5.2 North America Commercial Aviation Turbofan Engines Forecasted Market Size by Country
5.2.1 North America Commercial Aviation Turbofan Engines Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial Aviation Turbofan Engines Sales in Value by Country (2024-2029)
6 Europe Commercial Aviation Turbofan Engines by Country
6.1 Europe Commercial Aviation Turbofan Engines Historic Market Size by Country
6.1.1 Europe Commercial Aviation Turbofan Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial Aviation Turbofan Engines Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial Aviation Turbofan Engines Sales in Value by Country (2018-2023)
6.2 Europe Commercial Aviation Turbofan Engines Forecasted Market Size by Country
6.2.1 Europe Commercial Aviation Turbofan Engines Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial Aviation Turbofan Engines Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial Aviation Turbofan Engines by Region
7.1 Asia-Pacific Commercial Aviation Turbofan Engines Historic Market Size by Region
7.1.1 Asia-Pacific Commercial Aviation Turbofan Engines Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial Aviation Turbofan Engines Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial Aviation Turbofan Engines Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial Aviation Turbofan Engines Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial Aviation Turbofan Engines Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial Aviation Turbofan Engines Sales in Value by Region (2024-2029)
8 Latin America Commercial Aviation Turbofan Engines by Country
8.1 Latin America Commercial Aviation Turbofan Engines Historic Market Size by Country
8.1.1 Latin America Commercial Aviation Turbofan Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial Aviation Turbofan Engines Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial Aviation Turbofan Engines Sales in Value by Country (2018-2023)
8.2 Latin America Commercial Aviation Turbofan Engines Forecasted Market Size by Country
8.2.1 Latin America Commercial Aviation Turbofan Engines Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial Aviation Turbofan Engines Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial Aviation Turbofan Engines by Country
9.1 Middle East and Africa Commercial Aviation Turbofan Engines Historic Market Size by Country
9.1.1 Middle East and Africa Commercial Aviation Turbofan Engines Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial Aviation Turbofan Engines Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial Aviation Turbofan Engines Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial Aviation Turbofan Engines Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial Aviation Turbofan Engines Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial Aviation Turbofan Engines Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE Aviation
10.1.1 GE Aviation Company Information
10.1.2 GE Aviation Introduction and Business Overview
10.1.3 GE Aviation Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE Aviation Commercial Aviation Turbofan Engines Products Offered
10.1.5 GE Aviation Recent Development
10.2 Pratt & Whitney
10.2.1 Pratt & Whitney Company Information
10.2.2 Pratt & Whitney Introduction and Business Overview
10.2.3 Pratt & Whitney Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Pratt & Whitney Commercial Aviation Turbofan Engines Products Offered
10.2.5 Pratt & Whitney Recent Development
10.3 Rolls-Royce
10.3.1 Rolls-Royce Company Information
10.3.2 Rolls-Royce Introduction and Business Overview
10.3.3 Rolls-Royce Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Rolls-Royce Commercial Aviation Turbofan Engines Products Offered
10.3.5 Rolls-Royce Recent Development
10.4 United Aircraft Corporation (UAC)
10.4.1 United Aircraft Corporation (UAC) Company Information
10.4.2 United Aircraft Corporation (UAC) Introduction and Business Overview
10.4.3 United Aircraft Corporation (UAC) Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.4.4 United Aircraft Corporation (UAC) Commercial Aviation Turbofan Engines Products Offered
10.4.5 United Aircraft Corporation (UAC) Recent Development
10.5 Safran S.A. (CFM International)
10.5.1 Safran S.A. (CFM International) Company Information
10.5.2 Safran S.A. (CFM International) Introduction and Business Overview
10.5.3 Safran S.A. (CFM International) Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Safran S.A. (CFM International) Commercial Aviation Turbofan Engines Products Offered
10.5.5 Safran S.A. (CFM International) Recent Development
10.6 Honeywell
10.6.1 Honeywell Company Information
10.6.2 Honeywell Introduction and Business Overview
10.6.3 Honeywell Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Honeywell Commercial Aviation Turbofan Engines Products Offered
10.6.5 Honeywell Recent Development
10.7 MTU Aero Engines
10.7.1 MTU Aero Engines Company Information
10.7.2 MTU Aero Engines Introduction and Business Overview
10.7.3 MTU Aero Engines Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.7.4 MTU Aero Engines Commercial Aviation Turbofan Engines Products Offered
10.7.5 MTU Aero Engines Recent Development
10.8 IHI Corporation
10.8.1 IHI Corporation Company Information
10.8.2 IHI Corporation Introduction and Business Overview
10.8.3 IHI Corporation Commercial Aviation Turbofan Engines Sales, Revenue and Gross Margin (2018-2023)
10.8.4 IHI Corporation Commercial Aviation Turbofan Engines Products Offered
10.8.5 IHI Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial Aviation Turbofan Engines Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial Aviation Turbofan Engines Industrial Chain Analysis
11.4 Commercial Aviation Turbofan Engines Market Dynamics
11.4.1 Commercial Aviation Turbofan Engines Industry Trends
11.4.2 Commercial Aviation Turbofan Engines Market Drivers
11.4.3 Commercial Aviation Turbofan Engines Market Challenges
11.4.4 Commercial Aviation Turbofan Engines Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial Aviation Turbofan Engines Distributors
12.3 Commercial Aviation Turbofan Engines Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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