Report overview
The global next-gen aircraft propulsion system market is gaining widespread importance owing to the increasing demand of eco-friendly air travel, reduced operational costs and increased speeds. Moreover, the investments in alternative electric power sources, advancements in next-generation electronic components, and advances in high-density battery solutions are other important factors that may propel the market growth in the coming years.
This report aims to provide a comprehensive presentation of the global market for Next-Gen Aircraft Propulsion System, 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 Next-Gen Aircraft Propulsion System. This report contains market size and forecasts of Next-Gen Aircraft Propulsion System in global, including the following market information:
Global Next-Gen Aircraft Propulsion System Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
The global Next-Gen Aircraft Propulsion System market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, 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 U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
All-electric Propulsion Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Next-Gen Aircraft Propulsion System include Airbus, Rolls-Royce Holdings, Cranfield Aerospace Solutions, L3 Harris, 3W International GmbH, General Electric Company, GKN Aerospace Service Limited, Honeywell International Inc. and Leonardo S.p.A., etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Next-Gen Aircraft Propulsion System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Next-Gen Aircraft Propulsion System Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Next-Gen Aircraft Propulsion System Market Segment Percentages, by Type, 2023 (%)
All-electric Propulsion
Hybrid-electric Propulsion
Turboelectric Propulsion
Scramjet and Ramjet Propulsion
Hydrogen Propulsion
Solar Propulsion
Global Next-Gen Aircraft Propulsion System Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Next-Gen Aircraft Propulsion System Market Segment Percentages, by Application, 2023 (%)
Military
Commercial and Civil
Government
Global Next-Gen Aircraft Propulsion System Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Next-Gen Aircraft Propulsion System Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Next-Gen Aircraft Propulsion System revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Next-Gen Aircraft Propulsion System revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Airbus
Rolls-Royce Holdings
Cranfield Aerospace Solutions
L3 Harris
3W International GmbH
General Electric Company
GKN Aerospace Service Limited
Honeywell International Inc.
Leonardo S.p.A.
Lockheed Martin Corporation
MagniX
Safran S.A.
The Raytheon Company
Israel Aerospace Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Next-Gen Aircraft Propulsion System, market overview.
Chapter 2: Global Next-Gen Aircraft Propulsion System market size in revenue.
Chapter 3: Detailed analysis of Next-Gen Aircraft Propulsion System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Next-Gen Aircraft Propulsion System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
