Aircraft Engine Market Size Is Projected to Grow USD 92.9 Billion by 2026


Source: sbwire.com sbwire.com

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Northbrook, IL -- ( SBWIRE ) -- 09/14/2021 -- According to the new market research report "Aircraft Engine Market by Type (Turboprop, Turbofan, Turboshaft, Piston Engine), Platform (Fixed wing, Rotary Wing, UAV), Component(Compressor, Turbine, Gear Box, Exhaust Nozzle, Fuel System), Technology, and Region - Forecast to 2026", published by MarketsandMarkets™, the Aircraft Engine Market size is projected to grow from USD 60.8 billion in 2021 to USD 92.9 billion by 2026, at a CAGR of 8.9% from 2021 to 2026. The market is driven by various factors, such as rise in demand of commercial aviation, growing aerospace industry and increasing...