Global Military Aircraft Engines Market 2018-2028

by Sameer Joshi or 01-Jun-2018

Global Military Aircraft Engines market, valued at US$10.8 billion in 2018, is projected to grow at a CAGR of 4.47% over the forecast period , to reach US$16.7 billion by 2028 and cumulatively value US$146.4 billion. The market consists of four categories: combat aircraft engines, transport aircraft engines, rotorcraft engines, and other aircraft engines. 

The market is expected to be dominated by the combat aircraft engines segment, which will account for 60.3% of the market, followed by transport aircraft engines, and rotorcraft engines segments with shares of 17.4% and 13.9% respectively. North America is forecasted to dominate among the regions in the sector with a share of 37.1%, followed by Asia Pacific and Europe, with shares of 24.1% and 21.6% respectively.