Commercial Aircraft Engines Market Share

Market Share of Commercial Aircraft Engines Industry

The commercial aircraft engines market is consolidated, with major players, such as The General Electric Company, Safran SA, Pratt & Whitney (RTX Corporation), Rolls-Royce PLC, and Honeywell International Inc., dominating the market. The commercial aircraft engine market is witnessing collaborations and joint development programs for creating new technologies for lighter and fuel-efficient aircraft. Global commercial aircraft engine manufacturers are also investing in the manufacturing ecosystems in regions such as Asia-Pacific, owing to the availability of low-cost labor and the growing aviation industry. The main revenue generation strategy of market players is winning contracts and orders from aircraft manufacturers for engines and engine MRO services.

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

*Disclaimer: Major Players sorted in no particular order