Aircraft Engine Market Size

Market Size in USD Bn

CAGR8.1%

Study Period	2025-2032
Base Year of Estimation	2024
CAGR	8.1%
Market Concentration	High
Major Players	General Electric Company (GE Aviation), Rolls-Royce Holding PLC, Pratt & Whitney, Honeywell International Inc., Safran Aircraft Engines and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Aircraft Engine Market Analysis

The aircraft engine market is estimated to be valued at USD 118.73 Bn in 2025 and is expected to reach USD 204.80 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032. The aircraft engine market is expected to witness positive growth over the forecast period supported by factors such as burgeoning international tourist arrivals and domestic air traffic.