LONDON--(BUSINESS WIRE)--With the growing demand for energy-efficient product solutions coupled with the ongoing technological advancements in the aviation industry, the commercial aircraft gas turbine engine market continues to develop at a relatively rapid space. The market is ruled by the three companies: GE Aviation, Rolls Royce and Pratt & Whitney. However, some recent JVs initiated to gain a foothold in the industry. The market is largely dependent on the overall economic tendencies as well as trends seen in the aviation industry.
In 2013, the worldwide commercial aircraft gas turbine engine market is forecast to amount to about USD 25 billion. The Middle Eastern market is forecast to generate USD 2.2 billion in sales in the same year, up by around USD 0.1 year on year (CAGR 4.9 percent).
New market research report “Global Commercial Aircraft Gas Turbine Engine Market 2013-2023” developed by Visiongain offers a detailed overview of the world commercial aircraft gas turbine engine market. The study contains an insightful discussion of the market structure; offers an insight into global and regional markets; examines submarkets and the competitive environment. SWOT analysis of the market, profiles of the market leaders, expert opinion, data on market drivers and limiters, future market forecast to 2013 can be found in the research report too.
Title: Global Commercial Aircraft Gas Turbine Engine Market 2013-2023
Published: January, 2013
Price: US$ 2,497.00
More Aerospace & Aviation Market Research Reports by Visiongain Include:
- The Commercial Aircraft Parts Manufacturer Approval (PMA) Market 2013-2023
- The Commercial Aircraft Maintenance, Repair and Overhaul (MRO) Market 2011-2021
- The Aviation Security Market 2012-2022
More new market research reports by Visiongain can be found at http://marketpublishers.com/members/visiongain/info.html