Market Snapshot:
A jet engine is referred to as a type of the reaction engine discharging a jet as the fast-moving jet which generates the thrust by jet propulsion. This kind of broad definition includes the air-breathing jet engines like turbofans, turbojets, ramjets, and pulse jets). Generally, jet engines are called as the combustion engines. A jet engine is any of the class of internal-combustion engines which propel the aircraft by means of the rearward discharge of the jet of fluid, normally hot exhaust gases generated by the burning fuel with the air drawn in from an atmosphere. One way to understand the modern jet engines is by comparing them with the piston engines which is used in early airplanes, that are almost similar to the ones still used in cars
Market Drivers
- Increasing Number of Aircraft Orders
- Growing Demand for Fuel Efficient Aircraft Engine
Market Trend
- Focus on Reducing Number of In-flight Shutdowns and Aborted Take-offs Through Advanced Health Monitoring Technology
Restraints
- High Cost and Intricate Technology Involved in Engine Manufacturing
Opportunities
Rising demand from Asia Pacific Region
Manufacturers Covered in the Study are:
Pratt & Whitney (United States), GE Aviation (United States), Rolls-Royce (United Kingdom), bombardier (Canada), Embraer (Brazil), Mitsubishi (Japan), Sukhoi (Russia), CFM International (United States), Engine Alliance (United States) and Williams International (United States)
Available Customization:
List of players that can be included in the study on immediate basis are Aviadvigatel (Russia), Ivchenko-Progress (Ukraine), PowerJet (France) and Euro Jet Intercontinental Ltd. (United Kingdom).