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Report overview
The global Wide-body Aircraft Engine market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The?commercial aerospace?industry is focusing extensively efficient fuel consumption, reduced emissions, and noise reduction technologies. Wide-body aircrafts generate more noise since the engine carries more payload. Large aircraft manufacturers such as Boeing have installed an additional component to the aircraft engine to reduce noise. Aircraft OEMs are increasingly investing in developing technologies to minimize the noise generation in their aircrafts. The implementation of such noise reduction technologies will be one of the key trends that will gain traction in the wide-body aircraft engine market during the next few years.
This report aims to provide a comprehensive presentation of the global market for Wide-body Aircraft Engine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wide-body Aircraft Engine. This report contains market size and forecasts of Wide-body Aircraft Engine in global, including the following market information:
The factors that are playing a major role in the growth of Wide-body Aircraft Engine Market are modernization in aircraft and engine leasing opportunities, rising passenger traffic, great investment by manufacturers, and development in existing gas turbine technologies. On the other hand, high cost of production is estimated to affect the overall market growth of the industry. Wide-body Aircraft Engine Market is segmented based on product types, applications, and region. Product types such as Turbo Fan Engine, and Turbojet Engine, and others classify Wide-body Aircraft Engine Industry. Applications into Large Wide-Body Aircraft, Small and Medium Wide Body Aircraft, and others classify the market.
We surveyed the Wide-body Aircraft Engine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wide-body Aircraft Engine Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Wide-body Aircraft Engine Market Segment Percentages, by Type, 2022 (%)
Global Wide-body Aircraft Engine Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Wide-body Aircraft Engine Market Segment Percentages, by Application, 2022 (%)
Global Wide-body Aircraft Engine Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Wide-body Aircraft Engine Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wide-body Aircraft Engine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Wide-body Aircraft Engine revenues share in global market, 2022 (%)
Key companies Wide-body Aircraft Engine sales in global market, 2018-2023 (Estimated), (Units)
Key companies Wide-body Aircraft Engine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: