Commercial Aircraft Engine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Commercial Aircraft Engines Manufacturers and the market is Segmented by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Regional Aircraft), and by Engine Type (Turbofan and Turboprop) and by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

Commercial Aircraft Engines Market Size

Commercial Aircraft Engines Market Summary

Commercial Aircraft Engines Market Analysis

The Commercial Aircraft Engines Market size is estimated at USD 69.87 billion in 2025, and is expected to reach USD 128.84 billion by 2030, at a CAGR of 13.02% during the forecast period (2025-2030).

The aircraft engine industry is undergoing significant technological transformation driven by the increasing focus on sustainability and operational efficiency. According to the International Civil Aviation Organization (ICAO), with global economic growth of 3% per year by 2035, air traffic is expected to grow by an average of 6% annually in the near future. This growth trajectory has catalyzed investments in next-generation engine technologies, with manufacturers developing compact, lightweight, and more fuel-efficient powerplants. The industry is witnessing a paradigm shift towards sustainable aviation technologies, including hybrid-electric propulsion systems and alternative fuel compatibility.


Advanced engine architectures are revolutionizing the commercial aircraft engines landscape, with innovations in open fan designs, hybrid electric propulsion systems, and compact engine core configurations. According to Airbus projections, passenger traffic will grow annually by 3.6% over the next two decades, necessitating more efficient and environmentally conscious propulsion solutions. Manufacturers are increasingly incorporating composite materials and advanced manufacturing techniques in engine development, resulting in significant weight reduction and improved performance characteristics. The integration of digital technologies and smart monitoring systems is enhancing engine reliability and maintenance efficiency.


The industry is experiencing a notable shift in manufacturing processes with the adoption of additive manufacturing and 3D printing technologies. These advanced production methods are enabling the creation of complex engine components with improved performance characteristics and reduced weight. Notably, only 20% of the current in-service fleet comprises the latest generation of fuel-efficient aircraft, indicating substantial potential for fleet modernization and engine replacement programs. The implementation of advanced materials, including ceramic matrix composites and advanced alloys, is becoming increasingly prevalent in engine design, contributing to enhanced durability and performance.


The future outlook of the commercial aircraft engines market is shaped by revolutionary propulsion concepts and sustainable technologies. Engine manufacturers are actively developing zero-emission technologies, including hydrogen-powered systems and electric propulsion solutions. The industry is witnessing increased collaboration between manufacturers, research institutions, and technology providers to accelerate the development of innovative propulsion systems. These partnerships are focusing on achieving significant reductions in fuel consumption, emissions, and operating costs while maintaining high performance standards and reliability. The integration of artificial intelligence and advanced analytics is expected to further optimize engine performance and maintenance procedures.

Segment Analysis: By Aircraft Type

Narrow-body Aircraft Segment in Commercial Aircraft Engines Market

The narrow-body aircraft segment dominates the commercial aircraft gas turbine engine market, accounting for approximately 55% of the market share in 2024. This significant market position is driven by the segment's widespread use in point-to-point transportation over relatively small distances and its optimal carrying capacity for most commercial routes. Major aircraft models in this segment include the Boeing B737 and Airbus A320 family, which continue to be the workhorses of many airline fleets worldwide. The demand for narrow-body aircraft engines is further strengthened by the increasing focus on fuel efficiency and the development of next-generation engines like the LEAP series and GTF engines, which offer significant improvements in fuel consumption and environmental performance. Airlines' preference for these aircraft types in domestic and short-haul international routes, combined with their lower operating costs and higher frequency capabilities, continues to drive the segment's dominance in the commercial aviation turbofan engines market.

Market Analysis of Commercial Aircraft Engines Market: Chart for By Aircraft Type

Wide-body Aircraft Segment in Commercial Aircraft Engines Market

The wide-body aircraft segment is projected to experience the highest growth rate of approximately 13% during the forecast period 2024-2029. This accelerated growth is primarily driven by the increasing demand for long-haul international flights and the rising air cargo business. The segment's growth is further supported by significant technological advancements in engine design, particularly in fuel efficiency and reduced emissions. Airlines are increasingly investing in new wide-body aircraft equipped with advanced engines like the GE9X and Trent XWB, which offer superior performance and operational efficiency. The expansion of international routes, especially in emerging markets, coupled with the growing preference for larger aircraft in high-density routes, is expected to sustain this segment's rapid growth trajectory in the coming years.

Remaining Segments in Aircraft Type

The regional aircraft segment, while smaller in market share, plays a crucial role in the commercial aircraft engines market by serving specific niche requirements in the aviation industry. These aircraft, typically powered by turboprop engines, are essential for connecting smaller cities and regional routes where larger aircraft operations are not economically viable. The segment is characterized by its focus on short-haul operations and the ability to operate from smaller airports with limited infrastructure. Regional aircraft manufacturers continue to innovate with new engine technologies focused on improved fuel efficiency and reduced environmental impact, particularly in the development of hybrid and electric propulsion systems for future regional aircraft applications.

Segment Analysis: By Engine Type

Turbofan Segment in Commercial Aircraft Engines Market

The turbofan segment dominates the commercial aviation turbofan engines market, commanding approximately 99.7% of the market share in 2024, while also exhibiting the strongest growth trajectory with a projected growth rate of around 13% during 2024-2029. This overwhelming market dominance is attributed to turbofan engines' superior fuel efficiency and performance characteristics, particularly for medium and long-haul flights. Major investments are being directed toward developing the next generation of highly efficient jet engines, with manufacturers focusing on technologies that enable long-range capabilities for intercontinental flights. The segment's growth is further bolstered by significant technological advancements, including the development of open-bladed jet engines that can reduce fuel use and emissions by up to 20%. Additionally, the increasing demand for new commercial aircraft, particularly in the narrow-body and wide-body segments, continues to drive the expansion of the aircraft turbofan engine market, with manufacturers like GE, Rolls-Royce, and Pratt & Whitney leading innovation in this space.

Turboprop Segment in Commercial Aircraft Engines Market

The turboprop segment, while smaller in market share, maintains its significance in specific aviation applications, particularly in regional and short-haul operations. These engines are valued for their lightweight design and superior performance during takeoff while maintaining optimal fuel efficiency. The segment benefits from having fewer moving parts compared to other engine types, making them more reliable in terms of mechanical aspects and easier to maintain. Turboprop engines continue to evolve with technological advancements, focusing on improved power output per unit weight and enhanced vibration control systems. The segment serves a crucial niche in the aviation industry, particularly for regional aircraft and specialized operations where the unique characteristics of turboprop engines provide operational advantages. Manufacturers are actively working on developing more efficient and environmentally friendly turboprop engines, with a focus on reducing maintenance costs and improving overall performance metrics.

Commercial Aircraft Engines Market Geography Segment Analysis

Commercial Aircraft Engines Market in North America

North America represents a significant aircraft engine market for commercial aircraft engines, driven by the presence of major aircraft manufacturers and a robust aviation sector. The United States and Canada form the key markets in this region, with both countries demonstrating strong capabilities in aircraft engine manufacturing and maintenance. The region benefits from advanced technological infrastructure, significant R&D investments, and the presence of leading engine manufacturers like General Electric and Pratt & Whitney.

Market Analysis of Commercial Aircraft Engines Market: Forecasted Growth Rate by Region

Commercial Aircraft Engines Market in United States

The United States dominates the North American aircraft engine market, holding approximately 81% aircraft engine market share of the regional market in 2024. The country's market is driven by rapidly growing air passenger traffic and an expanding air cargo business. According to the Bureau of Transportation Statistics (BTS), US airlines carried significantly more passengers in recent years, demonstrating strong recovery in the aviation sector. The presence of major engine manufacturers, extensive MRO facilities, and continuous technological innovations in engine development further strengthen the US market position.

Commercial Aircraft Engines Market in Canada

Canada emerges as the fastest-growing market in North America, with a projected growth rate of approximately 9% during 2024-2029. The country ranks third globally in civil aircraft engine production, with the aerospace industry predominantly focused on civil aviation. Canada's growth is supported by significant investments in manufacturing new aircraft and developing airport infrastructure. The country has been witnessing an increase in demand for private jets and commercial airplane engines, driving the need for new engine technologies and maintenance services.

Commercial Aircraft Engines Market in Europe

Europe represents a crucial engine commercial market for commercial aircraft engines, with a diverse landscape spanning the United Kingdom, Germany, France, Russia, and Spain. The region benefits from the presence of major engine manufacturers like Rolls-Royce and Safran, along with numerous research and development facilities. The European market is characterized by a strong focus on technological innovation, particularly in developing fuel-efficient and environmentally friendly engine solutions.

Commercial Aircraft Engines Market in France

France leads the European market, commanding approximately 26% of the region's market share in 2024. The country's strong position is attributed to the presence of major aircraft manufacturers like Airbus and engine manufacturer Safran. France has been in global focus for aviation, with significant contributions from its national airline Air France and a high inclination toward aviation within the country. The nation's aerospace industry demonstrates remarkable capabilities in engine development and maintenance.

Commercial Aircraft Engines Market in Spain

Spain emerges as the fastest-growing market in Europe, with a projected growth rate of approximately 14% during 2024-2029. The country has a highly specialized industry in aero-engines and propulsion engineering technology, with experience in advanced manufacturing processes. The Spanish government's strategic focus on the aerospace sector, coupled with increasing air traffic and fleet modernization initiatives by local carriers, positions Spain as a key growth market in the region.

Commercial Aircraft Engines Market in Asia-Pacific

The Asia-Pacific region represents a dynamic market for commercial airplane engines, encompassing major economies like China, India, Japan, and South Korea. The region's aviation sector is experiencing rapid growth, driven by increasing air travel demand, expansion of airline fleets, and development of new airports. China emerges as the largest market in the region, while South Korea demonstrates the fastest growth rate. The region's market is characterized by significant investments in aviation infrastructure and an increasing focus on developing indigenous engine manufacturing capabilities.

Commercial Aircraft Engines Market in Latin America

The Latin American market, comprising Brazil, Mexico, and Argentina, shows promising growth potential in the commercial aircraft engines sector. Brazil emerges as the largest market in the region, while Mexico demonstrates the fastest growth. The region's market is driven by increasing air passenger traffic, fleet modernization initiatives, and growing investments in aviation infrastructure. Airlines across these countries are actively expanding their fleets and routes, creating sustained demand for aircraft engines and related services.

Commercial Aircraft Engines Market in Middle East & Africa

The Middle East & Africa region, particularly the United Arab Emirates and Saudi Arabia, represents a growing market for commercial aircraft engines. Saudi Arabia leads the regional market, while the UAE shows the fastest growth rate. The region's market is driven by ambitious aviation sector expansion plans, increasing air travel demand, and significant investments in airport infrastructure. Major airlines in these countries are actively expanding their fleets with next-generation aircraft, driving demand for advanced engine technologies.

Commercial Aircraft Engines Industry Overview

Top Companies in Commercial Aircraft Engines Market

The commercial aircraft engines market is dominated by established players like General Electric Company, Safran, Rolls-Royce PLC, and Pratt & Whitney, who have maintained their market positions through continuous innovation and strategic partnerships. These companies are among the leading aircraft engine manufacturers, heavily investing in research and development to create next-generation engines with improved fuel efficiency, reduced emissions, and enhanced performance capabilities. The industry witnesses significant collaboration between manufacturers for engine development programs, particularly for new aircraft platforms. Companies are expanding their maintenance, repair, and overhaul (MRO) networks globally to provide comprehensive aftermarket services. There is also an increasing focus on developing sustainable aviation technologies, including hybrid-electric propulsion systems and engines compatible with sustainable aviation fuels, demonstrating the industry's commitment to environmental sustainability.

Consolidated Market with High Entry Barriers

The commercial aircraft engine market exhibits a highly consolidated structure dominated by a small number of large-scale manufacturers who possess extensive technical expertise and manufacturing capabilities. These companies are typically diversified conglomerates with significant aerospace divisions, allowing them to leverage cross-segment synergies and maintain robust research and development pipelines. The market's high entry barriers are characterized by substantial capital requirements, complex certification processes, and the need for established relationships with aircraft manufacturers. This has resulted in a market where new entrants are rare, and growth typically occurs through strategic partnerships and joint ventures rather than independent market entry.


The industry has witnessed strategic consolidation through mergers and acquisitions, primarily aimed at expanding technological capabilities and geographic reach. Companies are increasingly focusing on vertical integration to strengthen their supply chain control and enhance operational efficiency. Regional players, particularly in Asia and Russia, are gradually expanding their presence through government support and strategic partnerships with established manufacturers. The market structure also reflects the long-term nature of engine development programs and the importance of maintaining strong relationships with aircraft manufacturers and airlines. The market share of jet engine manufacturers is significantly influenced by these strategic moves.

Innovation and Sustainability Drive Future Success

Success in the commercial aircraft engine market increasingly depends on manufacturers' ability to develop innovative technologies that address environmental concerns while maintaining operational efficiency. Companies must invest in advanced materials, digital technologies, and alternative propulsion systems to maintain competitiveness. The ability to offer comprehensive aftermarket services and maintain strong relationships with aircraft manufacturers is becoming increasingly crucial. Manufacturers must also demonstrate agility in adapting to changing market demands and regulatory requirements, particularly regarding emissions standards and noise regulations.


For new entrants and smaller players, success lies in identifying specific market niches and developing specialized technological capabilities. Companies must focus on building strong partnerships with established players and leveraging regional advantages to gain market share. The increasing focus on sustainability presents opportunities for companies that can develop innovative solutions for reducing environmental impact. Additionally, manufacturers must consider the growing influence of airlines in engine selection and develop customer-centric approaches that address operational efficiency and total ownership cost considerations. The ability to navigate complex regulatory environments and maintain strong relationships with certification authorities will remain critical for long-term success. Notably, the largest aircraft engine manufacturers are setting benchmarks in sustainability and innovation.

Commercial Aircraft Engines Market Leaders

  1. The General Electric Company

  2. Safran SA

  3. Honeywell International Inc.

  4. Pratt & Whitney (RTX Corporation)

  5. Rolls-Royce plc

  6. *Disclaimer: Major Players sorted in no particular order
Commercial Aircraft Engines Market Concentration
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Commercial Aircraft Engines Market News

July 2023: Air India finalized an order for over 800 CFM International Leap-series engines to power its incoming fleet of 210 Airbus A320neo/A321neos and 190 Boeing B737 MAX family aircraft.

July 2023: Pratt & Whitney secured a contract to provide 90 GTF engines to Viva Aerobus’ Airbus A321neo fleet. The airline currently operates a fleet of 31 V2500-powered A320ceo family aircraft and 43 GTF-powered A320neo family aircraft.

Commercial Aircraft Engines Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Buyers/Consumers
    • 4.4.2 Bargaining Power of Suppliers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Aircraft Type
    • 5.1.1 Narrow-body Aircraft
    • 5.1.2 Wide-body Aircraft
    • 5.1.3 Regional Aircraft
  • 5.2 Engine Type
    • 5.2.1 Turbofan
    • 5.2.2 Turboprop
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.2 Europe
    • 5.3.2.1 United Kingdom
    • 5.3.2.2 France
    • 5.3.2.3 Germany
    • 5.3.2.4 Russia
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 South Korea
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 Latin America
    • 5.3.4.1 Mexico
    • 5.3.4.2 Brazil
    • 5.3.4.3 Argentina
    • 5.3.4.4 Rest of Latin America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 The General Electric Company
    • 6.2.2 Safran SA
    • 6.2.3 Rolls-Royce PLC
    • 6.2.4 Honeywell International Inc.
    • 6.2.5 United Engine Corporation (Rostec)
    • 6.2.6 Pratt & Whitney (RTX Corporation)
    • 6.2.7 MTU Aero Engines AG
    • 6.2.8 IHI Corporation
    • 6.2.9 CFM International
    • 6.2.10 Williams International Co. LLC
    • 6.2.11 Mitsubishi Heavy Industries Ltd
    • 6.2.12 Aviation Industry Corporation of China
    • 6.2.13 IAG Aero Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Commercial Aircraft Engines Industry Segmentation

An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. An aircraft engine also refers to the component of an aircraft that offers thrust to an aircraft while taxing or in the course of the flight. The major components of an aircraft engine encompass a fan, compressor, combustor, turbine, mixer, and nozzle. Each component plays a crucial role in the working of the aircraft engine.

The commercial aircraft engines market is segmented based on aircraft type, engine type, and geography. By aircraft type, the market has been divided into narrow-body aircraft, wide-body aircraft, and regional aircraft. By engine type, the market has been divided into turbofan and turboprop. The report also covers the market sizes and forecasts for the commercial aircraft engines market in major countries across different regions. The report offers the market size in value terms in USD for all the abovementioned segments.

Aircraft Type Narrow-body Aircraft
Wide-body Aircraft
Regional Aircraft
Engine Type Turbofan
Turboprop
Geography North America United States
Canada
Europe United Kingdom
France
Germany
Russia
Spain
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America Mexico
Brazil
Argentina
Rest of Latin America
Middle East and Africa United Arab Emirates
Saudi Arabia
Rest of Middle East and Africa
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Commercial Aircraft Engines Market Research FAQs

How big is the Commercial Aircraft Engines Market?

The Commercial Aircraft Engines Market size is expected to reach USD 69.87 billion in 2025 and grow at a CAGR of 13.02% to reach USD 128.84 billion by 2030.

What is the current Commercial Aircraft Engines Market size?

In 2025, the Commercial Aircraft Engines Market size is expected to reach USD 69.87 billion.

Who are the key players in Commercial Aircraft Engines Market?

The General Electric Company, Safran SA, Honeywell International Inc., Pratt & Whitney (RTX Corporation) and Rolls-Royce plc are the major companies operating in the Commercial Aircraft Engines Market.

Which is the fastest growing region in Commercial Aircraft Engines Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Commercial Aircraft Engines Market?

In 2025, the North America accounts for the largest market share in Commercial Aircraft Engines Market.

What years does this Commercial Aircraft Engines Market cover, and what was the market size in 2024?

In 2024, the Commercial Aircraft Engines Market size was estimated at USD 60.77 billion. The report covers the Commercial Aircraft Engines Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Commercial Aircraft Engines Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Commercial Aircraft Engines Market Research

Mordor Intelligence provides a comprehensive analysis of the commercial aircraft engines industry, drawing on decades of expertise in aerospace research. Our detailed examination spans the entire spectrum of aircraft engine technologies. This includes commercial aviation turbofan engines and gas turbines for commercial aircraft. The report offers an in-depth analysis of leading aircraft engine manufacturers and their technological innovations. It focuses on aircraft engine industry developments and emerging trends in civil aeroengine design and production.

Our research provides stakeholders with crucial insights into commercial airplane engines and the jet engines industry dynamics. This information is available in an easy-to-read report PDF format for immediate download. The analysis includes detailed global defense turbojet engine market forecasts and a comprehensive evaluation of aircraft engine technologies. The report serves various stakeholders, from aircraft engine manufacturers to investors. It provides valuable data on commercial engines development, aircraft turbofan engine advancements, and emerging opportunities in the commercial aircraft gas turbine engine sector. Our analysis covers both established players and emerging competitors in the jet engines market, offering a complete picture of industry dynamics and future growth potential.

Compare market size and growth of Commercial Aircraft Engines Market with other markets in Aerospace & Defense Industry

Commercial Aircraft Engine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)