Aircraft Turbofan
Market
Aircraft Turbofan Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Aircraft Turbofan Market Size and Growth
The Aircraft Turbofan market is experiencing robust growth, driven by increasing air travel demand and advancements in engine technology. The global market size is projected to reach approximately $25 billion by 2025, with a compound annual growth rate (CAGR) of 4.5%. This growth is further supported by emerging markets and environmental regulations. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ CFM International
◍ Pratt & Whitney
◍ General Electric
◍ IAE
◍ Soloviev
◍ Motor Sich
◍ Rolls-Royce
◍ Honeywell Aerospace
◍ Williams International
◍ Klimov
The aircraft turbofan market is dominated by companies like CFM International, Pratt & Whitney, General Electric, and Rolls-Royce, focusing on innovation and efficiency. These firms drive market growth through advanced technologies and collaborations. Key sales figures include CFM at $8 billion, Pratt & Whitney at $18 billion, and Rolls-Royce at $16 billion.
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Market Segmentation
By Application
Civil Aircraft
Military Aircraft
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By Product
High-pressure Turbine
Low-pressure Turbine
Market Growth
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$ X Billion USD
