Global Military Aerospace Engine and Engine Parts Market 2015 - Industry Analysis, Strategy, Size, Share, Growth, Trends and Forecast-2019

About Military Aerospace Engine and Engine Parts

Military aircraft are heavy-duty machines that are designed to cope with extreme stresses and are capable of performing breath-taking maneuvers. These military planes are powered by world class engines.

There are many types of military aircraft engines, such as turboprops, turbofans, and turbojets. The principal aim of military aircraft engines is to deliver performance and fuel efficiency with reduced noise and emissions.

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This market has grown significantly because of increased investments by governments in the military sector. Moreover, the new engine LEAP, which is a successor to the CFM56, is being developed by Snecma and GE Aviation. It offers better performance compared to existing engines. It is set to enter the market in 2016 and more than 8,400 orders have already been placed.

Technavio's analysts forecast the global military aerospace engine and engine parts market to grow at a CAGR of 2.36% during the period 2014-2019.

Covered in this Report

This report covers the current scenario and growth prospects of the global military aerospace engine and engine parts market for the period 2015-2019. It provides a global overview and growth prospects by region (Americas, EMEA, and APAC). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

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Technavio's report, Global Military Aerospace Engine and Engine Parts Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from...