TechNavio's analysts forecast the Global Commercial Turbofan Engine market to grow at a CAGR of 6.74 percent over the period 2012–2016. One of the key factors contributing to this market growth is the increasing air traffic. The Global Commercial Turbofan Engine market has also been witnessing an increased adoption of composites in the aero engines. However, the evolving technological environment could pose a challenge to the growth of this market.
TechNavio's report, the Global Commercial Turbofan Engine Market 2012–2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Commercial Turbofan Engine market in the Americas, EMEA, and the APAC regions, its market landscape, and growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space include CFM International S.A., General Electric Co., IAE International Aero Engine AG, and Pratt & Whitney.
The other vendors mentioned in the report are Engine Alliance and Rolls Royce plc.
Key questions answered in this report:
What will the market size be in 2016 and at what will be the growth rate?
What are key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by key vendors?
What are the strengths and weaknesses of each of these key vendors?
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