Aircraft Engine Compressor Market SWOT Analysis by 2031
The aircraft engine compressor marketplace evaluation considers sales from each business and commercial enterprise plane and military aircraft. The commercial and business aircraft segment had a large market share, and this trend is predicted to hold over the forecast period. Factors including growing demand for new-technology aircraft engines and imposition of stringent emission norms by the aviation authorities worldwide would play a significant function in the development of the aircraft engine compressor market. Also, the worldwide aircraft engine compressor marketplace record appears at elements including a substantial surge in demand for aircraft, improvement of light-weight substances to enhance fuel economy, and improvement of technologically advanced, next- generation technology engines. However, technical issues with compressors and complexity of compressor blade manufacturing, e are expected to hamper the aircraft engine compressor market over the forecast period.
MARKET DYNAMICS
The increasing demand for aircraft coupled with the demand for quite, efficient and technologically enhanced engines are propelling the R&D activities in the international aircraft and aircraft components industry. Engine producers are incorporating superior technology along with integration of sensors and digital controls of aircraft engines. These activities are among the key drivers for the growth of the aircraft engine compressor market. Electrification is one of the fundamental developments in the aviation industry. Several aircraft manufacturing organizations are intensifying their electric aircraft development activities. This improvement is predicted to have a positive effect on the aircraft engine compressor market.
MARKET SCOPE
The "Global Aircraft Engine Compressor Market Analysis To 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global aircraft engine compressor market trend analysis. The aircraft engine compressor market report aims to provide an overview of the aircraft engine compressor market with detailed market segmentation by engine Type, application, and geography. The global aircraft engine compressor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft engine compressor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aircraft engine compressor market is segmented on the basis of engine type and application. Based on engine type, the aircraft engine compressor market is segmented into: turbofan, turbojet, and turboshaft. On the basis of application, the aircraft engine compressor market is segmented into commercial aircraft, business aircraft, and military aircraft.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aircraft engine compressor market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The aircraft engine compressor market by each region is later sub-segmented by respective countries and segments. The aircraft engine compressor market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the aircraft engine compressor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aircraft engine compressor market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aircraft engine compressor market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The aircraft engine compressor market by each region is later sub-segmented by respective countries and segments. The aircraft engine compressor market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the aircraft engine compressor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aircraft engine compressor market in these regions.
MARKET PLAYERS
The reports cover key developments in the aircraft engine compressor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from aircraft engine compressor market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft engine compressor in the global market. Below mentioned is the list of few companies engaged in the aircraft engine compressor market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft engine compressor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bharat Forge
- CFM International
- GE Aviation
- Honeywell International Inc.
- Melrose Industries Plc
- MTU Aero Engines AG
- Rolls-Royce Holdings Plc.
- Safran SA
- Turbocam Inc.
- Collins Aerospace
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Engine Compressor Market - By Engine Type
1.3.2 Aircraft Engine Compressor Market - By Application
1.3.3 Aircraft Engine Compressor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT ENGINE COMPRESSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AIRCRAFT ENGINE COMPRESSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AIRCRAFT ENGINE COMPRESSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT ENGINE COMPRESSOR - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT ENGINE COMPRESSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRCRAFT ENGINE COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - ENGINE TYPE
7.1. OVERVIEW
7.2. ENGINE TYPE MARKET FORECASTS AND ANALYSIS
7.3. TURBOFAN
7.3.1. Overview
7.3.2. Turbofan Market Forecast and Analysis
7.4. TURBOJET
7.4.1. Overview
7.4.2. Turbojet Market Forecast and Analysis
7.5. TURBOSHAFT
7.5.1. Overview
7.5.2. Turboshaft Market Forecast and Analysis
8. AIRCRAFT ENGINE COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL AIRCRAFT
8.3.1. Overview
8.3.2. Commercial Aircraft Market Forecast and Analysis
8.4. BUSINESS AIRCRAFT
8.4.1. Overview
8.4.2. Business Aircraft Market Forecast and Analysis
8.5. MILITARY AIRCRAFT
8.5.1. Overview
8.5.2. Military Aircraft Market Forecast and Analysis
9. AIRCRAFT ENGINE COMPRESSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Aircraft Engine Compressor Market Overview
9.1.2 North America Aircraft Engine Compressor Market Forecasts and Analysis
9.1.3 North America Aircraft Engine Compressor Market Forecasts and Analysis - By Engine Type
9.1.4 North America Aircraft Engine Compressor Market Forecasts and Analysis - By Application
9.1.5 North America Aircraft Engine Compressor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Aircraft Engine Compressor Market
9.1.5.1.1 United States Aircraft Engine Compressor Market by Engine Type
9.1.5.1.2 United States Aircraft Engine Compressor Market by Application
9.1.5.2 Canada Aircraft Engine Compressor Market
9.1.5.2.1 Canada Aircraft Engine Compressor Market by Engine Type
9.1.5.2.2 Canada Aircraft Engine Compressor Market by Application
9.1.5.3 Mexico Aircraft Engine Compressor Market
9.1.5.3.1 Mexico Aircraft Engine Compressor Market by Engine Type
9.1.5.3.2 Mexico Aircraft Engine Compressor Market by Application
9.2. EUROPE
9.2.1 Europe Aircraft Engine Compressor Market Overview
9.2.2 Europe Aircraft Engine Compressor Market Forecasts and Analysis
9.2.3 Europe Aircraft Engine Compressor Market Forecasts and Analysis - By Engine Type
9.2.4 Europe Aircraft Engine Compressor Market Forecasts and Analysis - By Application
9.2.5 Europe Aircraft Engine Compressor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Aircraft Engine Compressor Market
9.2.5.1.1 Germany Aircraft Engine Compressor Market by Engine Type
9.2.5.1.2 Germany Aircraft Engine Compressor Market by Application
9.2.5.2 France Aircraft Engine Compressor Market
9.2.5.2.1 France Aircraft Engine Compressor Market by Engine Type
9.2.5.2.2 France Aircraft Engine Compressor Market by Application
9.2.5.3 Italy Aircraft Engine Compressor Market
9.2.5.3.1 Italy Aircraft Engine Compressor Market by Engine Type
9.2.5.3.2 Italy Aircraft Engine Compressor Market by Application
9.2.5.4 United Kingdom Aircraft Engine Compressor Market
9.2.5.4.1 United Kingdom Aircraft Engine Compressor Market by Engine Type
9.2.5.4.2 United Kingdom Aircraft Engine Compressor Market by Application
9.2.5.5 Rest of Europe Aircraft Engine Compressor Market
9.2.5.5.1 Rest of Europe Aircraft Engine Compressor Market by Engine Type
9.2.5.5.2 Rest of Europe Aircraft Engine Compressor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Aircraft Engine Compressor Market Overview
9.3.2 Asia-Pacific Aircraft Engine Compressor Market Forecasts and Analysis
9.3.3 Asia-Pacific Aircraft Engine Compressor Market Forecasts and Analysis - By Engine Type
9.3.4 Asia-Pacific Aircraft Engine Compressor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Aircraft Engine Compressor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Aircraft Engine Compressor Market
9.3.5.1.1 Australia Aircraft Engine Compressor Market by Engine Type
9.3.5.1.2 Australia Aircraft Engine Compressor Market by Application
9.3.5.2 China Aircraft Engine Compressor Market
9.3.5.2.1 China Aircraft Engine Compressor Market by Engine Type
9.3.5.2.2 China Aircraft Engine Compressor Market by Application
9.3.5.3 India Aircraft Engine Compressor Market
9.3.5.3.1 India Aircraft Engine Compressor Market by Engine Type
9.3.5.3.2 India Aircraft Engine Compressor Market by Application
9.3.5.4 Japan Aircraft Engine Compressor Market
9.3.5.4.1 Japan Aircraft Engine Compressor Market by Engine Type
9.3.5.4.2 Japan Aircraft Engine Compressor Market by Application
9.3.5.5 South Korea Aircraft Engine Compressor Market
9.3.5.5.1 South Korea Aircraft Engine Compressor Market by Engine Type
9.3.5.5.2 South Korea Aircraft Engine Compressor Market by Application
9.3.5.6 Rest of Asia-Pacific Aircraft Engine Compressor Market
9.3.5.6.1 Rest of Asia-Pacific Aircraft Engine Compressor Market by Engine Type
9.3.5.6.2 Rest of Asia-Pacific Aircraft Engine Compressor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Aircraft Engine Compressor Market Overview
9.4.2 Middle East and Africa Aircraft Engine Compressor Market Forecasts and Analysis
9.4.3 Middle East and Africa Aircraft Engine Compressor Market Forecasts and Analysis - By Engine Type
9.4.4 Middle East and Africa Aircraft Engine Compressor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Aircraft Engine Compressor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Aircraft Engine Compressor Market
9.4.5.1.1 South Africa Aircraft Engine Compressor Market by Engine Type
9.4.5.1.2 South Africa Aircraft Engine Compressor Market by Application
9.4.5.2 Saudi Arabia Aircraft Engine Compressor Market
9.4.5.2.1 Saudi Arabia Aircraft Engine Compressor Market by Engine Type
9.4.5.2.2 Saudi Arabia Aircraft Engine Compressor Market by Application
9.4.5.3 U.A.E Aircraft Engine Compressor Market
9.4.5.3.1 U.A.E Aircraft Engine Compressor Market by Engine Type
9.4.5.3.2 U.A.E Aircraft Engine Compressor Market by Application
9.4.5.4 Rest of Middle East and Africa Aircraft Engine Compressor Market
9.4.5.4.1 Rest of Middle East and Africa Aircraft Engine Compressor Market by Engine Type
9.4.5.4.2 Rest of Middle East and Africa Aircraft Engine Compressor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Aircraft Engine Compressor Market Overview
9.5.2 South and Central America Aircraft Engine Compressor Market Forecasts and Analysis
9.5.3 South and Central America Aircraft Engine Compressor Market Forecasts and Analysis - By Engine Type
9.5.4 South and Central America Aircraft Engine Compressor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Aircraft Engine Compressor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Aircraft Engine Compressor Market
9.5.5.1.1 Brazil Aircraft Engine Compressor Market by Engine Type
9.5.5.1.2 Brazil Aircraft Engine Compressor Market by Application
9.5.5.2 Rest of South and Central America Aircraft Engine Compressor Market
9.5.5.2.1 Rest of South and Central America Aircraft Engine Compressor Market by Engine Type
9.5.5.2.2 Rest of South and Central America Aircraft Engine Compressor Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AIRCRAFT ENGINE COMPRESSOR MARKET, KEY COMPANY PROFILES
11.1. BHARAT FORGE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CFM INTERNATIONAL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GE AVIATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HONEYWELL INTERNATIONAL INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MELROSE INDUSTRIES PLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MTU AERO ENGINES AG
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ROLLS-ROYCE HOLDINGS PLC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SAFRAN SA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TURBOCAM INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. COLLINS AEROSPACE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Bharat Forge
2. CFM International
3. GE Aviation
4. Honeywell International Inc.
5. Melrose Industries Plc
6. MTU Aero Engines AG
7. Rolls-Royce Holdings Plc.
8. Safran SA
9. Turbocam Inc.
10. Collins Aerospace
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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