A turbofan engine, sometimes referred to as a fanjet or bypass engine, is a jet engine variant which produces thrust using a combination of jet core efflux and bypass air which has been accelerated by a ducted fan .
The rapidly growing aircraft deliveries is one of the primary factors driving the global aircraft engine fuel systems market. In addition, the development of lightweight fuel delivery systems have also contributed towards the market growth. Moreover, as the airline companies are focusing on the attainment of increased aircraft efficiencies and reduction of the operational costs, the market for aircraft engine fuel systems is expected to witness a significant growth, during the forecast period.
The Global Aircraft Turbofan Engine Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Aircraft Turbofan Engine Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
GE Aviation
Pratt & Whitney
Safran Aircraft Engines
CFM International
International Aero Engines
Rolls Royce
MTU Aero Engines
Honeywell International
Engine Alliance
EuroJet
Aviadvigatel
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Narrowbody
Widebody
Others
In Market segmentation by applications :
Commercial
Military
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Aircraft Turbofan Engine Market for the forecast period 2020 - 2026?
• What are the driving forces in the Aircraft Turbofan Engine Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Aircraft Turbofan Engine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?