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The aircraft engine market size is forecast to increase by USD 65.4 billion, at a CAGR of 21.1% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for air travel in the commercial aviation sector. Airlines are focusing on enhancing the flying experience for passengers by investing in advanced engine technologies, such as jet engines and turboprops, to improve fuel efficiency and performance. New engine technologies, including hybrid and electric engines, are gaining traction as they offer improved safety standards and reduced carbon emissions. However, the market faces challenges, including the scarcity of skilled resources to develop and maintain these complex systems. As the air travel industry continues to expand, the need for efficient, safe, and eco-friendly engine solutions will remain a priority. Key market trends include the increasing number of aircraft deliveries, the adoption of advanced engine technologies, and the growing focus on performance and safety standards.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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