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Home>Global Narrow-body Aircraft Engine Market Report 2017-2021 - Research and Markets

Global Narrow-body Aircraft Engine Market Report 2017-2021 - Research and Markets

Global Narrow-body Aircraft Engine Market Report 2017-2021 - Research and Markets

10/05/2017

Global Narrow-body Aircraft Engine Market Report 2017-2021 - Research and Markets

The "Global Narrow-body Aircraft Engine Market 2017-2021" report has been added to Research and Markets' offering.

The global narrow-body aircraft engine market to grow at a CAGR of 6.1% during the period 2017-2021.

Global Narrow-body Aircraft Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of theKey vendors operating in this market. To calculate the market size, the report considers the new engine demand and the replacement engine demand.

The latest trend gaining momentum in the market is Design innovations for engine parts. The noise generated by aircraft is mainly due to the unsteady airflow into the jet engine. It is a major concern for the aviation industry and the environment as the noise is very high and causes an increasingly acute environmental problem. Further, the noise pollution is increasing steadily with the exponential growth in air traffic.

According to the report, one of the major drivers for this market is Decline in fuel prices decrease operating cost of aircraft. The aviation industry is highly price-sensitive and competitive as the majority of customers prefer low-cost options over brand loyalty. Customers' preference has also gradually shifted toward air travel over land transport as the former offers time and monetary savings. With such increasing demand for air travel, the production of aircraft has also increased. This increase has been mainly witnessed in the regional travel aircraft segment, which uses narrow-body aircraft.

Key vendors

  • CFM International
  • GE Aviation
  • International Aero Engines
  • Pratt & Whitney
  • Rolls-Royce

Key Topics Covered:

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