The Worldwide Aircraft Engine Industry is Expected to Reach $92.9 Billion by 2026


Source: yahoo.com yahoo.com

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Dublin, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering. 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 the rise in demand commercial aviation industry, growing demand for fuel-efficient aircraft engines and...