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.