Global commercial aircraft gas turbine engine market to reach $24.6bn in 2013

Tuesday 12 February 2013, Amsterdam

Analysis indicates that the global commercial aircraft gas turbine engine market will reach a value of $24.6bn in 2013, as engine manufacturers seek to up their production rates to meet the demand from airlines for new aircraft by providing engines which improve flight performance and meet noise and environmental regulations.

The commercial aircraft gas turbine engine market is therefore forecast to record positive growth over the next decade, in large part due to increased demand for new fuel efficient aircraft, particularly from emerging regional markets.

The author of the Global Commercial Aircraft Gas Turbine Engine Market 2013-2023 report commented that ‘The prospects for the commercial aircraft gas turbine engine market will remain encouraging given the number of aircraft expected to be required by airlines over the next ten years and the constant need to develop new more efficient propulsion technologies.’

The report contains 98 tables, charts and graphs that add visual analysis in order to explain developing trends within the commercial aircraft gas turbine engine market. The study provides forecasts for the period 2013-2023 in terms of value (US$) for the global commercial aircraft gas turbine engine market, as well as for 2 submarkets (turboprops and turbofans) of the commercial aircraft gas turbine engine market. The report also provides submarket forecasts by aircraft type: narrow-body, wide-body and regional jet aircraft. In addition, 6 regional commercial aircraft gas turbine engine markets are forecast and analysed over the period 2013-2023. Expert opinion is also provided within the report with a full transcript of an exclusive interview with GE Aviation. The report also provides profiles of 10 leading companies and joint ventures operating within the market.

The Global Commercial Aircraft Gas Turbine Engine Market 2013-2023 report will be of value to current and future potential investors as well as companies and research centres who wish to broaden their knowledge of the commercial aircraft gas turbine engine market.