About Military Aerospace Engine and Engine Parts Military aircraft are heavy-duty machines that are designed to cope with extreme stresses and are capable of performing breath-taking maneuvers. These military planes are powered by world class engines. There are many types of military aircraft engines, such as turboprops, turbofans, and turbojets. The principal aim of military aircraft engines is to deliver performance and fuel efficiency with reduced noise and emissions. This market has grown significantly because of increased investments by governments in the military sector. Moreover, the new engine LEAP, which is a successor to the CFM56, is being developed by Snecma and GE Aviation. It offers better performance compared to existing engines. It is set to enter the market in 2016 and more than 8,400 orders have already been placed. Technavio's analysts forecast the global military aerospace engine and engine parts market to grow at a CAGR of 2.36% during the period 2014-2019.
Covered in this Report This report covers the current scenario and growth prospects of the global military aerospace engine and engine parts market for the period 2015-2019. It provides a global overview and growth prospects by region (Americas, EMEA, and APAC). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market. Technavio's report, Global Military Aerospace Engine and Engine Parts Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. The report also includes a discussion of the key vendors operating in this market.
Key Regions - Americas - APAC - EMEA Key Vendors - CFM International - General Electric - International Aero Engines - Pratt & Whitney - Rolls Royce Other Prominent Vendors
- Klimov - MTU Aero Engines - SNECMA - Tumansky Market Driver - Growing Number of Military Aircraft - For a full, detailed list, view our report Market Challenge - Complexities in Integration of Engine Fixtures - For a full, detailed list, view our report Market Trend - Evolution of 3D Printing - For a full, detailed list, view our report
Key Questions Answered in this Report - What will the market size be in 2019 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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