Global Aircraft Turbofan Engine Market Research Report 2022 - Market Size, Current Insights and Development Trends

A turbofan engine, sometimes referred to as a fanjet or bypass engine, is a jet engine variant which produces thrust using a combination of jet core efflux and bypass air which has been accelerated by a ducted fan that is driven by the jet core. The ratio of the mass of air bypassing the engine core versus the mass of the air going through the core is referred to as a the bypass ratio. A turbofan engine that derives most of its thrust from the jet engine core efflux is referred to as low bypass engine whereas an engine that derives most of its thrust from the fan is referred to as a high bypass engine. In general, low bypass engines are most commonly found in military applications, and may be equipped with an afterburner, whereas high bypass turbofan engines are the prevalent design in today's commercial aviation jet engines.
The Aircraft Turbofan Engine market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Aircraft Turbofan Engine market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Aircraft Turbofan Engine market.

Major Players in the Aircraft Turbofan Engine market are:
Pratt & Whitney
Engine Alliance
CFM International
Safran Aircraft Engines
MTU Aero Engines
International Aero Engines
GE Aviation
Rolls Royce
Honeywell International
EuroJet & Aviadvigatel

On the basis of types, the Aircraft Turbofan Engine market is primarily split into:
Narrowbody
Widebody
Others

On the basis of applications, the market covers:
Commercial
Military
Others

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:

Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029