Aircraft Engines Market in Military Sector Worth $11.2B by 2026
PUNE, India, May 16, 2016 /PRNewswire/ --
During the forecast period, global military aircraft engines market is set to be driven by the various fleet replacement programs, modernization strategies and aircraft upgrade projects across the world. With the global geopolitical situation changing rapidly, most of the countries are concentrating on modernizing their air power, including procurement of high-tech and advance engines. Additionally, emerging economies in the Middle East and South Asian regions are witnessing increasing defense expenditure and are therefore likely to present global military aircraft engine manufacturers with greater opportunities in the coming decade.
Complete market report military aircraft engines market spread across 121 pages providing competitive analysis of 8 companies is now available at http://www.reportsnreports.com/reports/541430-the-global-military-aircraft-engines-market-2016-2026.html.
Key Findings: The Global Military Aircraft Engines market is expected to be worth US$8.7 billion in 2016 and is expected increase to US$11.2 billion by 2026, representing a CAGR of 2.60% during the forecast period. Asia Pacific with an estimated share of 27.9% over the forecast period followed by the North America at 27.4% and Europe at 26.5%. The Middle Eastern market for military aircraft is expected to account for a share of 12.2% followed by the Latin American and African markets with a cumulative share of 6.0%. Combat aircraft engine and Other aircraft engines are expected to account for 46.1% and 20.2% of the military aircraft engine market respectively, followed by Transport aircraft engines and Rotorcraft engines, with a cumulative share of 33.6%.
Synopsis: The Global Military Aircraft Engines Market 2016-2026 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for military aircraft engines, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following:
Market size and drivers: detailed analysis during 2016-2026, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of Military Aircraft Engines segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
Major programs: details of the key programs in each segment, which are expected to be executed during 2016-2026
Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis.
Order a copy of The Global Military Aircraft Engines Market 2016-2026 research report at http://www.reportsnreports.com/purchase.aspx?name=541430.
Another related report titled Aircraft Engines & Engine Parts World Report gives Market Consumption / Products / Services For Over 200 Countries By 6 To 10-Digit Naics Product Codes By 3 Time Series: From 1997- 2015 And Forecasts 2016- 2023 & 2023-2028.
Data Includes Market Consumption By Individual Product / Service, Per-Capita Consumption, Marketing Costs & Margins, Product Launch Data, Buyers, End Users & Customer Profile, Consumer Demographics. Historic Balance Sheets, Forecast Financial Data, Industry Profile, National Data.
The Report Is On A Dvd Containing The Entire Web And Databases, Or It Is Available Online. Merge Text, Tables & Databases For Your Own Reports, Spreadsheet Calculations & Modeling. Complete report available at http://www.reportsnreports.com/reports/377940-aircraft-engines-engine-parts-world-report.html
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