세계의 항공기 추진 시스템 시장 : 유형별, 용도별, 최종 이용 산업별, 예측(2023-2032년)

Aircraft propulsion system industry size is projected to expand at over 10.4% from 2023 to 2032. The increasing demand for fuel-efficient and environmentally friendly aircraft is promoting the development of advanced propulsion technologies. For instance, in March 2023, well-known drive system developer BRP-Rotax introduced the Rotax 916iS/c aircraft propulsion system designed for four-seater and high-performance two-seater airplanes in a bid to reiterate its commitment to developing pioneering technologies and advanced propulsion systems for customers.

The growing focus of the aerospace industry on reducing emissions and enhancing performance is also amplifying the adoption of modern and efficient propulsion systems. The surging rate of air travel, driven by global economic growth is contributing to the high demand for new aircraft with improved propulsion. Additionally, the escalating environmental concerns is making way for stringent regulations and the influx of government initiatives for promoting sustainable aviation. The rise in technological advancements, including electric and hybrid propulsion will also shape the future of aircraft propulsion.

The market is categorized into type, application, end-use industry, and region.

Based on type, the industry share from the air-breathing engine segment is estimated to increase at rapid pace during 2023-2032, driven by the higher need for advanced propulsion systems in both military and commercial aviation. The demand for air-breathing engines, including turbofans and turbojets is further likely to grow for offering enhanced fuel efficiency, performance, and environmental sustainability.

The aerospace and defense end-use segment is anticipated to account for sizeable share of the aircraft propulsion system market by 2032, attributed to the increasing investments in military aviation and the commercial aerospace sector. The growing demand for advanced and efficient propulsion systems to enhance aircraft performance, fuel efficiency, and mission capabilities will also boost the segment growth.

Regionally, the Asia Pacific aircraft propulsion system industry size is slated to flourish at over 12% CAGR through 2032, fueled by the expanding aviation sector, rising air travel demand, and increasing defense budgets. Furthermore, the surge in the number of commercial aircraft orders and the higher adoption of advanced propulsion technologies will drive the regional market expansion.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data Sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Aircraft propulsion system market 360 degree synopsis, 2018 - 2032
• 2.2 Business trends
  • 2.2.1 Total addressable market (TAM), 2023-2032
• 2.3 Regional trends
• 2.4 Type trends
• 2.5 Application trends
• 2.6 End-use Industry trends

Chapter 3 Aircraft Propulsion System Market Industry Insights

• 3.1 Impact on COVID-19
• 3.2 Russia- Ukraine war impact
• 3.3 Industry ecosystem analysis
• 3.4 Vendor matrix
• 3.5 Profit margin analysis
• 3.6 Technology & innovation landscape
• 3.7 Patent analysis
• 3.8 Key news and initiatives
• 3.9 Regulatory landscape
• 3.10 Impact forces
  • 3.10.1 Growth drivers
    • 3.10.1.1 Rising trend toward electrification of aircraft propulsion
    • 3.10.1.2 Rising air passenger traffic
    • 3.10.1.3 Modernization of military aircraft
    • 3.10.1.4 Focus on reducing emissions
    • 3.10.1.5 Increasing demand for regional and business jets
  • 3.10.2 Industry pitfalls & challenges
    • 3.10.2.1 Lengthy periods for development and production
    • 3.10.2.2 High cost of development and manufacturing
• 3.11 Growth potential analysis
• 3.12 Porter's analysis
• 3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

• 4.1 Introduction
• 4.2 Company market share, 2022
• 4.3 Competitive analysis of major market players, 2022
  • 4.3.1 Honeywell International Inc.
  • 4.3.2 NPO Energomash
  • 4.3.3 General Electric Company
  • 4.3.4 3W International GmbH
  • 4.3.5 Bombardier Recreational Products Inc.
  • 4.3.6 Busek Co. Inc.
  • 4.3.7 Rolls-Royce Holdings plc.
• 4.4 Competitive positioning matrix, 2022
• 4.5 Strategic outlook matrix, 2022

Chapter 5 Aircraft Propulsion System Market Estimates and Forecast, By Type (USD Million)

• 5.1 Key trends, by type
• 5.2 Air Breathing Engine
  • 5.2.1 Turbojet Engines
  • 5.2.2 Ramjets
  • 5.2.3 Scramjets
  • 5.2.4 IC Engines
• 5.3 Non-air Breathing Engine
  • 5.3.1 Electric Propulsion
  • 5.3.2 Solid Propulsion
  • 5.3.3 Liquid Propulsion
  • 5.3.4 Others

Chapter 6 Aircraft Propulsion System Market Estimates and Forecast, By Application (USD Million)

• 6.1 Key trends, by application
• 6.2 Aircrafts
• 6.3 Missiles
• 6.4 UAV's
• 6.5 Spacecraft

Chapter 7 Aircraft Propulsion System Market Estimates and Forecast, By End-use Industry (USD Million)

• 7.1 Key trends, by end-use industry
• 7.2 Aerospace & Defense
• 7.3 General Aviation
• 7.4 Commercial Aviation

Chapter 8 Aircraft Propulsion System Market Estimates and Forecast, By Region (USD Million)

• 8.1 Key trends, by region
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 UK
  • 8.3.2 Germany
  • 8.3.3 France
  • 8.3.4 Italy
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 South Korea
  • 8.4.5 ANZ
  • 8.4.6 Rest of Asia Pacific
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Rest of Latin America
• 8.6 MEA
  • 8.6.1 South Africa
  • 8.6.2 Saudi Arabia
  • 8.6.3 UAE
  • 8.6.4 Rest of MEA

Chapter 9 Company Profiles (Business Overview, Financial Overview, Product Landscape, Strategic Outlook, SWOT Analysis)

• 9.1 3W International GmbH
• 9.2 Aerojet Rocketdyne Holdings, Inc.
• 9.3 Bombardier Recreational Products Inc.
• 9.4 Busek Co. Inc.
• 9.5 CFM International
• 9.6 General Electric Company
• 9.7 Honeywell International Inc.
• 9.8 International Aero Engines AG
• 9.9 MTU Aero Engines AG
• 9.10 NPO Energomash
• 9.11 Raytheon Technologies Corporation
• 9.12 Rolls-Royce Holdings plc.
• 9.13 United Technologies Corporation