Global Wide-body Aircraft Engine Market 2017-2021

About Wide-body Aircraft Engine

Wide-body aircraft mostly consist of two or four engines and are known as twin-aisle aircraft. Wide-body jet engines have undergone a tremendous transformation over the past few years with the evolution of turbofan engines and implementation of strategies that support fuel economy. The demand for wide-body aircraft is not as high as narrow bodies owing to the latter's demand in the rising domestic airlines and their better working efficiency. However, many companies are investing in developing medium wide-body aircraft to meet the growing passenger traffic.

Technavio’s analysts forecast the global wide-body aircraft engine market to decline at a CAGR of (3.25%) during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global wide-body aircraft engine market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas

Technavio's report, Global Wide-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 the key vendors operating in this market.

Key vendors
• GE Aviation
• Pratt & Whitney
• Rolls-Royce

Market driver
• Increase in passenger traffic
• For a full, detailed list, view our report

Market challenge
• Cost-intensive production
• For a full, detailed list, view our report

Market trend
• Implementation of noise reduction technology
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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