Global Commercial Aircraft Turbofan Engines Market 2018-2036 with Key Players GE Aviation, Pratt & Whitney, Rolls Royce Holdings, and Safran Dominating – ResearchAndMarkets.com

The "Global
Commercial Aircraft Turbofan Engines Market - 2018-2036 - Market
Dynamics, Competitive Landscape, Strategies & Plans for Engine
Manufacturers, Trends & Growth Opportunities, Market Outlook"
report has been added to ResearchAndMarkets.com's
offering.

Airlines profitability continues to be on the upward growth trajectory
with 2018 likely to be another boom year for the airlines with the
profitability projected to register double digit growth rate to reach
$38.4 billion in 2018, despite the spike in crude oil prices & pressures
from escalating labour costs, which overall augurs well for the engine
manufacturers from the MRO revenues standpoint.

The first and probably the longest aviation super-cycle of the 21st
century; driven by a multitude of favourable macroeconomic factors and
spanning a 15 year period since 2003; has created a significant order
backlog for the industry which is likely to provide significant
propulsion to the aviation industry value chain over the next decade.
The OEMs have been focused strongly on ramping up aircraft production
rates to meet delivery schedules with aircraft deliveries by the
industry in 2018 likely to reach a record high with production output on
key aircraft programs going up translating into top line growth for the
industry.

The order backlog across the OEMs is dominated by the narrow body
aircraft segment in volume terms and by the wide body aircraft segment
in value terms. 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 or are
anticipated to make their debut over near term and are likely to form a
major chunk of new deliveries over medium term given the composition of
order backlog across aircraft OEMs.

The technology landscape across industry is evolving radically with
hybrid-electric propulsion technologies for commercial aircrafts, aimed
at reducing CO2 emission levels drastically while scaling down operating
costs substantially, likely to become a functional reality by the middle
of next decade with an all European industry consortium being one of the
largest cohorts focused on pursuing R&D on the electric propulsion
technology. Additionally, resurgence of supersonic air travel, with some
industry backed start-ups actively pursuing the development of
prototypes targeting an EIS of early to mid-2020s; is likely to bring
the next wave of technology led disruption to the industry.

The engine manufacturers are readying up their industrial base for a
planned, major production ramp up over near term to meet delivery
timelines with some transitioning from production of previous generation
engines to latest engine programs. Pratt & Whitney, especially, has a
tough task ahead with order intake for its GTF engines taking a hit in
2017 and the latest technology glitch episode on the PW1100G likely to
again play a spoilsport for Airbus and Bombardier in 2018, with
reference to aircraft deliveries, which are likely to be impacted once
again.

Against this backdrop, the report analyses & provides comprehensive
insights into the Global Commercial Aircraft Turbofan Engines Market.

The part 1 of the report takes a look at the current Market Size,
Dynamics & Competitive Landscape for Commercial Aircraft Turbofan
Engines.

Part 2 provides detailed analysis on Engine Manufacturers, including,
Comprehensive Analysis of Key Strategies & Plans, product portfolio &
financial analysis and SWOT analysis.

Part 3 projects market evolution for commercial aircraft turbofan
engines over long term with analysis of emerging market scenario, demand
growth projections through 2036, key market & technology trends, issues
& challenges, potential growth opportunities and demand outlook for
commercial aircrafts over the next two decades.

Key Players

• GE Aviation
• Pratt & Whitney Inc.
• Rolls Royce Holdings plc
• Safran SA (CFM International)

For more information about this report visit https://www.researchandmarkets.com/research/m6kzzd/global_commercial?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180323005229/en/

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