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Commercial Aircraft Gas Turbine Engine Market Size & Forecast

Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 69.35 Billion
Market Size 2025 · Base Year
US$ 104.57 Billion
Projected Market Size by 2033
5.27%
CAGR · 2026–2033
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BMIPUB00039204 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
12
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2022–2024), Base Year (2025), and 8-Year Forecast (2026–2033)
10 +
Major Players
Major companies profiled including GE Aerospace, Pratt & Whitney, Rolls-Royce Holdings plc, Safran Aircraft Engines, CFM International, Inc.
350
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Air passenger traffic supports fleet expansion requirements

  • Aircraft deliveries increase engine production volumes

  • Fuel efficiency goals accelerate advanced engine development

Where Growth Opportunities Exist

Key Opportunities

  • Sustainable aviation fuels create engine adaptation opportunities

  • Aftermarket services provide recurring revenue streams

  • Advanced propulsion architectures enable next-generation aircraft applications

What Could Slow It Down

Market Restraints

  • High development costs constrain new engine programs

  • Supply chain disruptions delay critical component availability

  • Stringent certification requirements extend development timelines

Market Segmentation

Coverage by Segment

Engine Type

High-bypass Non Geared Turbofan
High-bypass Geared Turbofan
Others

Thrust Class

Up to 100 kN
100-200 kN
200-300 kN

Aircraft Type

Narrow & Wide-body
Regional Jets
Others

Lifecycle Stage

OEM Line-Fit Engines
Spare Engines & Modules
MRO
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

GE Aerospace
Pratt & Whitney
Rolls-Royce Holdings plc
Safran Aircraft Engines
CFM International, Inc.
MTU Aero Engines AG
IHI Corporation
Hanwha Aerospace Co., Ltd.
Mitsubishi Heavy Industries, Ltd.
Kawasaki Heavy Industries, Ltd.
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 69.35 Billion
Market Size 2033 US$ 104.57 Billion
CAGR 2026–2033 5.27%
Segments By Engine Type (High-bypass Non Geared Turbofan, High-bypass Geared Turbofan, Others)  |  By Thrust Class (Up to 100 kN, 100-200 kN, 200-300 kN)  |  By Aircraft Type (Narrow & Wide-body, Regional Jets, Others)
Geographies North America (US, Canada, Mexico)  ·  Europe (Germany, Italy, France, U.K., Spain, Belgium, Netherlands, Luxembourg, Norway, Finland, Denmark, Sweden, Switzerland, Austria, Greece, Portugal, Russia, Poland, Romania, Czech Republic, Ukraine, Slovakia, Bulgaria)  ·  Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh)  ·  South and Central America (Brazil, Argentina, Chile, Colombia, Peru)  ·  Middle East and Africa (Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Qatar, Oman, Turkiye, South Africa, Egypt, Nigeria, Algeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00039204
Lead Analyst Dhananjay Pawar — Analyst, Research · View Profile
With Full Report Access

Gain actionable insights with 350 pages of in-depth Commercial Aircraft Gas Turbine Engine Market, including historical trends, 8-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.