Wed, Feb 13, 2013
Manufacturers Ramping Up Production To Meet New Airplane Orders
New analysis indicates that the global commercial aircraft gas turbine engine market will reach a value of $24.6 billion in 2013, as engine manufacturers seek to up their production rates to meet the demand from airlines for new aircraft by providing engines which improve flight performance and meet noise and environmental regulations.
The commercial aircraft gas turbine engine market is therefore forecast to record positive growth over the next decade, in large part due to increased demand for new fuel efficient aircraft, particularly from emerging regional markets, according to new data available from ASD Reports.
The author of the Global Commercial Aircraft Gas Turbine Engine Market 2013-2023 report commented that "The prospects for the commercial aircraft gas turbine engine market will remain encouraging given the number of aircraft expected to be required by airlines over the next ten years and the constant need to develop new more efficient propulsion technologies."
The study provides forecasts for the period 2013-2023 in terms of value in U.S. dollars for the global commercial aircraft gas turbine engine market, as well as for 2 submarkets (turboprops and turbofans) of the commercial aircraft gas turbine engine market. The report also provides submarket forecasts by aircraft type: narrow-body, wide-body and regional jet aircraft. In addition, 6 regional commercial aircraft gas turbine engine markets are forecast and analysed over the period 2013-2023. The report also provides profiles of 10 leading companies and joint ventures operating within the market.
More News
Aero Linx: International Business Aviation Council Ltd IBAC promotes the growth of business aviation, benefiting all sectors of the industry and all regions of the world. As a non->[...]
"During the annual inspection of the B-24 “Diamond Lil” this off-season, we made the determination that 'Lil' needs some new feathers. Due to weathering, the cloth-cove>[...]
Also: Bushcat Woes, Hummingbird 300 SL 4-Seat Heli Kit, Carbon Cub UL The newest Junkers is a faithful recreation that mates a 7-cylinder Verner radial engine to the airframe offer>[...]
Also: Seaplane Pilots Association, Rotax 916’s First Year, Gene Conrad After a decade and a half of struggling with the FAA and other aero-politics, G100UL is in production a>[...]
Also: Martha King Scholarship, Montaer Grows, Textron Updates Pistons, FlySto The FAA is hiring thousands of air traffic controllers, but the window to apply will only be open for >[...]