Enjoy complimentary customisation on priority with our Enterprise License!
The aircraft turbofan engine market size is forecast to increase by USD 704.1 million, at a CAGR of 4.6% between 2023 and 2028. The aircraft turbofan engine market is experiencing significant growth due to the increasing number of aircraft deliveries. New technologies, such as noise damping mechanisms and thermos-viscous materials, are gaining traction to enhance engine efficiency and reduce noise levels. However, challenges persist in the adoption of these advanced technologies, including high costs and complex installation processes. Gas turbine engines, including turbofans and turbojets, remain the primary source of thrust production for commercial aircraft. The secondary flow within these engines, particularly vortex shedding, significantly impacts engine performance and fuel efficiency. Trends in the market include the development of more efficient exhaust gases management systems and the integration of advanced materials to improve engine durability.
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
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.