Narrow-Body Aircraft Engine Market by Product Type, Application and Geography – Forecast to 2021

Narrow-Body

 Narrow-Body Aircraft Engine Market Report 2019 defines the basic characteristics of the industry and market statistics. The latest development in technology, strategies, Narrow-Body Aircraft Engine Market business plans, possibilities for growth and risks to the sector are being included. The report contains market forecasts related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. This report will assist in analysing the current and future business trends, sales and revenue forecast. Narrow-Body Aircraft Engine Market is expected to grow at  CAGR of 6.1% from 2017 to 2021.

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About Narrow-body Aircraft Engine

Narrow-body aircraft are mainly classified into single-aisle and regional aircraft. Single-aisle aircraft, powered by turbofan engines, have passengers seated in two-axial groups, with a capacity of up to six passengers abreast. Likewise, regional aircraft, powered by both turboprop and turbofan engine configurations, are operated in short-haul and medium-haul routes, where each aircraft carries comparatively fewer passengers than conventional single-aisle aircraft.

Industry analysts forecast the global narrow-body aircraft engine Market to grow at a CAGR of 6.1% during the period 2017-2021.

Market driver

  • Decline in fuel prices decrease operating cost of aircraft
  • For a full, detailed list, view our report

Market challenge

  • High cost associated with replacement of engines
  • For a full, detailed list, view our report

Market trend

  • Design innovations for engine parts
  • For a full, detailed list, view our report

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Key Players

  • CFM International
  • GE Aviation
  • International Aero Engines
  • Pratt & Whitney
  • Rolls-Royce
  • MTU AERO ENGINES
  • Narrow-Body Aircraft Engine Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:

    • North America (U.S., Canada, Mexico)
    • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
    • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
    • South America (Brazil, Argentina, etc.)
    • Middle East & Africa (Saudi Arabia, South Africa, etc.)

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    The objective of this Narrow-Body Aircraft Engine market research report is: –

    • To provide actionable intelligence alongside the market size of various segments.
    • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
    • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
    • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
    • To track the competitive landscape of the market.

    Finally, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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