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Flight Propulsion Systems-Global Market Insights and Sales Trends 2025
Synopsis
A flight propulsion system generally consists of an aircraft engine and some means to generate thrust, such as a propeller or a propulsive nozzle. An flight propulsion system must achieve two things. First, the thrust from the propulsion system must balance the drag of the airplane when the airplane is cruising. And second, the thrust from the propulsion system must exceed the drag of the airplane for the airplane to accelerate. In fact, the greater the difference between the thrust and the drag, called the excess thrust, the faster the airplane will accelerate.
The global Flight Propulsion Systems market size is expected to reach US$ 267930 million by 2029, growing at a CAGR of 6.8% from 2023 to 2029. The market is mainly driven by the significant applications of Flight Propulsion Systems in various end use industries. The expanding demands from the Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicle, are propelling Flight Propulsion Systems market. Air Breathing 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 Non-Air Breathing Engines segment is estimated at % CAGR for the next seven-year period.
North America is the largest market with about 56% market share. Europe is follower, accounting for about 39% market share.
The key players are CFM, General Electric Company, Rolls-Royce Holdings, United Technologies, Safran, Honeywell, GKN Aerospace, MTU Aero Engines, United Engine Corporation, Aero Engine Corporation of China etc. CFM is the largest manufacturer with about 40% market share.
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 Flight Propulsion Systems, 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 Flight Propulsion Systems 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 Flight Propulsion Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Flight Propulsion Systems 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 Flight Propulsion Systems covered in this report include CFM, General Electric Company, Rolls-Royce Holdings, United Technologies, Safran, Honeywell, GKN Aerospace, MTU Aero Engines and United Engine Corporation, etc.
The global Flight Propulsion Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CFM
General Electric Company
Rolls-Royce Holdings
United Technologies
Safran
Honeywell
GKN Aerospace
MTU Aero Engines
United Engine Corporation
Aero Engine Corporation of China
Global Flight Propulsion Systems 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 Flight Propulsion Systems market, Segment by Type:
Air Breathing Engines
Non-Air Breathing Engines
Global Flight Propulsion Systems market, by Application
Aircraft
Spacecraft
Missiles
Unmanned Aerial Vehicle
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 Flight Propulsion Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Flight Propulsion Systems 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.
A flight propulsion system generally consists of an aircraft engine and some means to generate thrust, such as a propeller or a propulsive nozzle. An flight propulsion system must achieve two things. First, the thrust from the propulsion system must balance the drag of the airplane when the airplane is cruising. And second, the thrust from the propulsion system must exceed the drag of the airplane for the airplane to accelerate. In fact, the greater the difference between the thrust and the drag, called the excess thrust, the faster the airplane will accelerate.
The global Flight Propulsion Systems market size is expected to reach US$ 267930 million by 2029, growing at a CAGR of 6.8% from 2023 to 2029. The market is mainly driven by the significant applications of Flight Propulsion Systems in various end use industries. The expanding demands from the Aircraft, Spacecraft, Missiles and Unmanned Aerial Vehicle, are propelling Flight Propulsion Systems market. Air Breathing 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 Non-Air Breathing Engines segment is estimated at % CAGR for the next seven-year period.
North America is the largest market with about 56% market share. Europe is follower, accounting for about 39% market share.
The key players are CFM, General Electric Company, Rolls-Royce Holdings, United Technologies, Safran, Honeywell, GKN Aerospace, MTU Aero Engines, United Engine Corporation, Aero Engine Corporation of China etc. CFM is the largest manufacturer with about 40% market share.
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 Flight Propulsion Systems, 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 Flight Propulsion Systems 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 Flight Propulsion Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Flight Propulsion Systems 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 Flight Propulsion Systems covered in this report include CFM, General Electric Company, Rolls-Royce Holdings, United Technologies, Safran, Honeywell, GKN Aerospace, MTU Aero Engines and United Engine Corporation, etc.
The global Flight Propulsion Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CFM
General Electric Company
Rolls-Royce Holdings
United Technologies
Safran
Honeywell
GKN Aerospace
MTU Aero Engines
United Engine Corporation
Aero Engine Corporation of China
Global Flight Propulsion Systems 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 Flight Propulsion Systems market, Segment by Type:
Air Breathing Engines
Non-Air Breathing Engines
Global Flight Propulsion Systems market, by Application
Aircraft
Spacecraft
Missiles
Unmanned Aerial Vehicle
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 Flight Propulsion Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Flight Propulsion Systems 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 Flight Propulsion Systems Market Overview
1.1 Flight Propulsion Systems Product Overview
1.2 Flight Propulsion Systems Market Segment by Type
1.2.1 Air Breathing Engines
1.2.2 Non-Air Breathing Engines
1.3 Global Flight Propulsion Systems Market Size by Type
1.3.1 Global Flight Propulsion Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Flight Propulsion Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Flight Propulsion Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Flight Propulsion Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Flight Propulsion Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Flight Propulsion Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Flight Propulsion Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Flight Propulsion Systems Sales Breakdown by Type (2018-2023)
2 Global Flight Propulsion Systems Market Competition by Company
2.1 Global Top Players by Flight Propulsion Systems Sales (2018-2023)
2.2 Global Top Players by Flight Propulsion Systems Revenue (2018-2023)
2.3 Global Top Players by Flight Propulsion Systems Price (2018-2023)
2.4 Global Top Manufacturers Flight Propulsion Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Flight Propulsion Systems Market Competitive Situation and Trends
2.5.1 Flight Propulsion Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Flight Propulsion Systems 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 Flight Propulsion Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Flight Propulsion Systems Market
2.8 Key Manufacturers Flight Propulsion Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Flight Propulsion Systems Status and Outlook by Region
3.1 Global Flight Propulsion Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Flight Propulsion Systems Historic Market Size by Region
3.2.1 Global Flight Propulsion Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Flight Propulsion Systems Sales in Value by Region (2018-2023)
3.2.3 Global Flight Propulsion Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Flight Propulsion Systems Forecasted Market Size by Region
3.3.1 Global Flight Propulsion Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Flight Propulsion Systems Sales in Value by Region (2024-2029)
3.3.3 Global Flight Propulsion Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Flight Propulsion Systems by Application
4.1 Flight Propulsion Systems Market Segment by Application
4.1.1 Aircraft
4.1.2 Spacecraft
4.1.3 Missiles
4.1.4 Unmanned Aerial Vehicle
4.2 Global Flight Propulsion Systems Market Size by Application
4.2.1 Global Flight Propulsion Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Flight Propulsion Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Flight Propulsion Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Flight Propulsion Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Flight Propulsion Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Flight Propulsion Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Flight Propulsion Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Flight Propulsion Systems Sales Breakdown by Application (2018-2023)
5 North America Flight Propulsion Systems by Country
5.1 North America Flight Propulsion Systems Historic Market Size by Country
5.1.1 North America Flight Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Flight Propulsion Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Flight Propulsion Systems Sales in Value by Country (2018-2023)
5.2 North America Flight Propulsion Systems Forecasted Market Size by Country
5.2.1 North America Flight Propulsion Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Flight Propulsion Systems Sales in Value by Country (2024-2029)
6 Europe Flight Propulsion Systems by Country
6.1 Europe Flight Propulsion Systems Historic Market Size by Country
6.1.1 Europe Flight Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Flight Propulsion Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Flight Propulsion Systems Sales in Value by Country (2018-2023)
6.2 Europe Flight Propulsion Systems Forecasted Market Size by Country
6.2.1 Europe Flight Propulsion Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Flight Propulsion Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Flight Propulsion Systems by Region
7.1 Asia-Pacific Flight Propulsion Systems Historic Market Size by Region
7.1.1 Asia-Pacific Flight Propulsion Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Flight Propulsion Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Flight Propulsion Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Flight Propulsion Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Flight Propulsion Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Flight Propulsion Systems Sales in Value by Region (2024-2029)
8 Latin America Flight Propulsion Systems by Country
8.1 Latin America Flight Propulsion Systems Historic Market Size by Country
8.1.1 Latin America Flight Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Flight Propulsion Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Flight Propulsion Systems Sales in Value by Country (2018-2023)
8.2 Latin America Flight Propulsion Systems Forecasted Market Size by Country
8.2.1 Latin America Flight Propulsion Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Flight Propulsion Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Flight Propulsion Systems by Country
9.1 Middle East and Africa Flight Propulsion Systems Historic Market Size by Country
9.1.1 Middle East and Africa Flight Propulsion Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Flight Propulsion Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Flight Propulsion Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Flight Propulsion Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Flight Propulsion Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Flight Propulsion Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 CFM
10.1.1 CFM Company Information
10.1.2 CFM Introduction and Business Overview
10.1.3 CFM Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 CFM Flight Propulsion Systems Products Offered
10.1.5 CFM Recent Development
10.2 General Electric Company
10.2.1 General Electric Company Company Information
10.2.2 General Electric Company Introduction and Business Overview
10.2.3 General Electric Company Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 General Electric Company Flight Propulsion Systems Products Offered
10.2.5 General Electric Company Recent Development
10.3 Rolls-Royce Holdings
10.3.1 Rolls-Royce Holdings Company Information
10.3.2 Rolls-Royce Holdings Introduction and Business Overview
10.3.3 Rolls-Royce Holdings Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Rolls-Royce Holdings Flight Propulsion Systems Products Offered
10.3.5 Rolls-Royce Holdings Recent Development
10.4 United Technologies
10.4.1 United Technologies Company Information
10.4.2 United Technologies Introduction and Business Overview
10.4.3 United Technologies Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 United Technologies Flight Propulsion Systems Products Offered
10.4.5 United Technologies Recent Development
10.5 Safran
10.5.1 Safran Company Information
10.5.2 Safran Introduction and Business Overview
10.5.3 Safran Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Safran Flight Propulsion Systems Products Offered
10.5.5 Safran Recent Development
10.6 Honeywell
10.6.1 Honeywell Company Information
10.6.2 Honeywell Introduction and Business Overview
10.6.3 Honeywell Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Honeywell Flight Propulsion Systems Products Offered
10.6.5 Honeywell Recent Development
10.7 GKN Aerospace
10.7.1 GKN Aerospace Company Information
10.7.2 GKN Aerospace Introduction and Business Overview
10.7.3 GKN Aerospace Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 GKN Aerospace Flight Propulsion Systems Products Offered
10.7.5 GKN Aerospace Recent Development
10.8 MTU Aero Engines
10.8.1 MTU Aero Engines Company Information
10.8.2 MTU Aero Engines Introduction and Business Overview
10.8.3 MTU Aero Engines Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 MTU Aero Engines Flight Propulsion Systems Products Offered
10.8.5 MTU Aero Engines Recent Development
10.9 United Engine Corporation
10.9.1 United Engine Corporation Company Information
10.9.2 United Engine Corporation Introduction and Business Overview
10.9.3 United Engine Corporation Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 United Engine Corporation Flight Propulsion Systems Products Offered
10.9.5 United Engine Corporation Recent Development
10.10 Aero Engine Corporation of China
10.10.1 Aero Engine Corporation of China Company Information
10.10.2 Aero Engine Corporation of China Introduction and Business Overview
10.10.3 Aero Engine Corporation of China Flight Propulsion Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Aero Engine Corporation of China Flight Propulsion Systems Products Offered
10.10.5 Aero Engine Corporation of China Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Flight Propulsion Systems 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 Flight Propulsion Systems Industrial Chain Analysis
11.4 Flight Propulsion Systems Market Dynamics
11.4.1 Flight Propulsion Systems Industry Trends
11.4.2 Flight Propulsion Systems Market Drivers
11.4.3 Flight Propulsion Systems Market Challenges
11.4.4 Flight Propulsion Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Flight Propulsion Systems Distributors
12.3 Flight Propulsion Systems 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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