Turbofan Engine Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Turbofan Engine Market Growth and Trends
Turbofan Engine Industry Regional Analysis
Turbofan Engine Market Research Report Scope/Definition
For this market research report, a turbofan engine is defined as a variant of a jet engine that releases thrust by using a mixture of jet core efflux and bypass air that has been accelerated through a ducted fan driven by the jet core. A turbofan engine that generates most of its thrust from the jet engine core efflux is known as a low bypass turbofan engine. In contrast, the engine that produces most of its thrust from the fan is known as a high bypass turbofan engine. The turbofan engine is a fuel-efficient system since the machine has more thrust for almost the similar level of fuel used by the core. This is the primary reason why turbofans are found on high-speed transports and propellers used on low-speed carriers. Low bypass turbofan engines are more fuel-efficient than basic turbojets. Most modern fighter planes use the low bypass ratio turbofan engines to ensure cruise efficiency and gain high thrust during dogfighting.
Turbofan Engine Market Share and Competition
Key companies operating in this industry are: GE, Pratt and Whitney, Rolls-Royce, GE Aviation, Safran Aircraft Engines, CFM International, International Aero Engines AG, MTU Aero Engines, Honeywell International, Engine Alliance, EuroJet, Aviadvigatel.
Turbofan Engine Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Low-bypass Turbofan
• Afterburning Turbofan
• High-bypass Turbofan
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Commercial Aircrafts
• Military Aircrafts
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Turbofan Engine Industry Companies
• GE
• Pratt and Whitney
• Rolls-Royce
• GE Aviation
• Safran Aircraft Engines
• CFM International
• International Aero Engines AG
• MTU Aero Engines
• Honeywell International
• Engine Alliance
• EuroJet
• Aviadvigatel
Available Versions of Turbofan Engine Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
