Global Aviation Gas Turbines Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Turbojet, Turbofan, Turboprop, and Other.By Propulsion;
Electric Based Commercial Aircraft, and Special Fuel Based Commercial Aircraft.By Application;
Commercial Aircraft, Defense Aircraft, Business Aircraft, and Other.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Aviation Gas Turbines Market (USD Million), 2021 - 2031
In the year 2024, the Global Aviation Gas Turbines Market was valued at USD 14,007.40 million. The size of this market is expected to increase to USD 19,709.82 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
Global Aviation gas turbines are a type of engine that operates based on the Brayton cycle principle. They have been pivotal in the evolution of aircraft propulsion systems, particularly in civil and military applications.The first-generation gas turbine engines were turbojets. These engines drew in air from the front and expelled it at high speed from the rear, generating forward thrust for the aircraft. While effective, turbojets were not the most fuel-efficient option.
In contrast, turbofan engines, another type of gas turbine engine, introduced a more efficient design. These engines incorporate a bypass duct, allowing some of the incoming air to bypass the core engine and mix with the exhaust gases before exiting the engine. This arrangement produces additional thrust, making turbofans more fuel-efficient than turbojets. Turbofans are sometimes referred to as "bypass jets" due to this feature.
Global Aviation gas turbines find extensive use in both civil and military applications. In civil aviation, they power a wide range of aircraft, from small regional jets to large commercial airliners, offering reliable performance and efficiency. In military applications, gas turbine engines are utilized in fighter jets, transport aircraft, helicopters, and unmanned aerial vehicles (UAVs), providing the necessary power for various missions, including combat, reconnaissance, and transportation. Their versatility, power-to-weight ratio, and ability to operate in a wide range of conditions make them indispensable in modern aviation.
Global Aviation Gas Turbines Market Recent Development
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In June 2019, Rolls-Royce, a company known for producing turbines for various applications including aircraft, maritime vessels, and industrial purposes, revealed its acquisition of Siemens AG's eAircraft Business. This acquisition signifies Rolls-Royce's firm commitment to advancing environmentally friendly propulsion systems, particularly in the realm of electric and hybrid-electric aerospace technology.
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In May 2023, GE Aviation expanded its product portfolio with a new range of gas turbines for business jets, offering improved performance and reduced maintenance costs.
Parameters | Description |
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Market | Global Aviation Gas Turbines Market |
Study Period | 2021 - 2031 |
Base Year (for Aviation Gas Turbines Market Size Estimates) | 2024 |
Drivers |
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Restraints |
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Opportunities |
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Segment Analysis
This report extensively covers different segments of Global Aviation Gas Turbines Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
In terms of type, the market comprises various categories of gas turbine engines, including turbojets, turbofans, turboprops, and turboshafts. Turbojets, the earliest type of gas turbine engines, are characterized by their simple design and high exhaust velocity, making them suitable for supersonic aircraft. Turbofans, on the other hand, dominate the market due to their higher fuel efficiency and versatility, catering to both commercial and military applications. Turboprops and turboshafts are commonly used in regional aircraft, helicopters, and unmanned aerial vehicles (UAVs), offering reliable performance and power output.
Regarding propulsion, gas turbine engines can be classified based on their propulsion system configurations, such as traditional jet propulsion or hybrid-electric propulsion. Traditional jet propulsion systems utilize gas turbine engines to generate thrust by accelerating air through the engine core and expelling it at high velocity. In contrast, hybrid-electric propulsion systems combine gas turbines with electric motors or batteries to enhance efficiency, reduce emissions, and enable electrified aircraft operations. This segment represents a growing area of interest as the aviation industry seeks more sustainable propulsion solutions.
The application segment encompasses civil aviation and military aviation. In civil aviation, gas turbine engines power a wide range of commercial aircraft, including narrow-body, wide-body, and regional jets, as well as business jets and cargo aircraft. The demand for gas turbines in civil aviation is driven by factors such as air travel demand, fleet modernization, and regulatory requirements for fuel efficiency and emissions reduction. In military aviation, gas turbine engines are used in fighter jets, transport aircraft, helicopters, and UAVs, providing the necessary thrust, speed, and endurance for various mission requirements. Military applications often demand high-performance engines tailored to specific operational needs and environmental conditions.
Geographically, the global aviation gas turbines market is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are prominent regions for gas turbine manufacturing and aerospace technology development, with established industry players and extensive aerospace infrastructure. Asia-Pacific is witnessing rapid growth in air travel demand and aircraft production, driven by economic expansion and increasing urbanization. Emerging markets in Latin America and the Middle East & Africa present opportunities for market expansion, fueled by infrastructure investments, fleet expansion, and growing aviation connectivity.
Global Aviation Gas Turbines Segment Analysis
In this report, the Global Aviation Gas Turbines Market has been segmented by Type, Propulsion, Application and Geography.
Global Aviation Gas Turbines Market, Segmentation by Type
The Global Aviation Gas Turbines Market has been segmented by Type into Turbojet, Turbofan, Turboprop and Other.
Turbojet engines are one of the earliest types of gas turbine engines used in aviation. They operate by drawing in air, compressing it, mixing it with fuel, and igniting the mixture to produce high-speed exhaust gases that generate forward thrust. Turbojet engines are known for their simplicity and high exhaust velocity, making them suitable for supersonic aircraft. However, they are less fuel-efficient compared to newer engine designs.
Turbofan engines are the most common type of gas turbine engines in modern aviation. They feature a fan at the front of the engine that draws in air, which is split into two streams: one that flows through the engine core for combustion and another that bypasses the core, providing additional thrust. Turbofan engines offer improved fuel efficiency and quieter operation compared to turbojets, making them ideal for commercial airliners, regional jets, and military transport aircraft.
Turboprop engines are commonly used in regional aircraft, commuter planes, and cargo aircraft. Unlike turbojets and turbofans, which produce thrust primarily through exhaust gases, turboprop engines use a turbine to drive a propeller directly. This configuration allows turboprop engines to operate efficiently at lower speeds and altitudes, making them suitable for short-haul flights and operations to airports with shorter runways.
The Other category includes specialized gas turbine engines used in niche applications or experimental aircraft. This may include turboshaft engines, which are used to power helicopters, tiltrotor aircraft, and some unmanned aerial vehicles (UAVs). Additionally, this category may encompass hybrid-electric propulsion systems, experimental engine designs, or engines used in military applications with unique performance requirements.
Global Aviation Gas Turbines Market, Segmentation by Propulsion
The Global Aviation Gas Turbines Market has been segmented by Propulsion into Electric Based Commercial Aircraft and Special Fuel Based Commercial Aircraft.
Electric Based Commercial Aircraft, this segment encompasses aircraft propulsion systems that rely on electric power as the primary source of propulsion. Electric-based commercial aircraft typically feature electric motors powered by batteries, fuel cells, or hybrid-electric systems. These propulsion systems offer several advantages, including reduced emissions, lower operating costs, and quieter operation compared to traditional gas turbine engines. Electric propulsion technology is rapidly advancing, with ongoing research and development focused on improving battery energy density, efficiency, and power output. While electric-based commercial aircraft are still in the early stages of development and certification, they hold significant potential for revolutionizing the aviation industry by offering more sustainable and environmentally friendly air travel solutions.
Special Fuel Based Commercial Aircraft, this segment comprises commercial aircraft powered by gas turbine engines that use special fuels, such as sustainable aviation fuels (SAFs) or alternative fuels derived from renewable sources. Special fuel-based commercial aircraft aim to reduce greenhouse gas emissions and mitigate environmental impacts compared to conventional jet fuel-powered aircraft. SAFs, for example, are produced from biomass, waste oils, or synthetic processes that capture carbon dioxide emissions, resulting in a lower carbon footprint. Special fuel-based propulsion systems offer airlines and aircraft operators a viable pathway to achieving sustainability goals while maintaining operational efficiency and compliance with regulatory requirements. As the aviation industry seeks to transition to more sustainable fuel options, the demand for special fuel-based commercial aircraft is expected to grow, driving innovation and investment in alternative propulsion technologies.
Global Aviation Gas Turbines Market, Segmentation by Application
The Global Aviation Gas Turbines Market has been segmented by Application into Commercial Aircraft, Defense Aircraft, Business Aircraft and Other.
Commercial Aircraft includes gas turbine engines utilized in a wide range of commercial airliners, regional jets, and cargo aircraft operated by airlines worldwide. Gas turbine engines power commercial aircraft through turbofan, turboprop, or other propulsion systems, providing the necessary thrust for passenger and cargo transportation. The demand for gas turbines in commercial aviation is primarily driven by factors such as air travel demand, fleet modernization initiatives, and regulatory requirements for fuel efficiency and emissions reduction. Manufacturers of gas turbine engines for commercial aircraft focus on developing engines that offer optimal performance, reliability, and fuel efficiency to meet the evolving needs of airlines and aircraft operators in the competitive commercial aviation market.
Defense Aircraft encompasses gas turbine engines used in military aircraft, including fighter jets, transport aircraft, helicopters, and unmanned aerial vehicles (UAVs) operated by defense forces worldwide. Gas turbine engines play a critical role in military aviation by providing the necessary thrust, speed, and endurance for various mission requirements, including combat operations, reconnaissance, troop transport, and aerial refueling. Military aircraft engines are designed to withstand rigorous operational conditions and environments, such as high-altitude flights, extreme temperatures, and combat situations. Gas turbine manufacturers serving the defense aircraft segment focus on developing engines with enhanced performance, durability, and mission capability to meet the stringent requirements of military customers and support national defense objectives.
Business Aircraft comprises gas turbine engines utilized in business jets, corporate aircraft, and executive transportation platforms used by business travelers, corporate executives, and private individuals for personal and business travel. Gas turbine engines power business aircraft through turbofan or other propulsion systems, offering speed, range, and comfort for long-distance travel and executive transportation needs. The demand for gas turbines in the business aviation segment is driven by factors such as corporate travel demand, executive mobility, and the need for flexible and efficient air transportation solutions. Gas turbine manufacturers catering to the business aircraft market focus on delivering engines that combine performance, reliability, and operational flexibility to meet the unique requirements of business aviation customers and provide a premium travel experience.
Other category encompasses specialized applications of gas turbine engines in niche sectors or experimental aircraft platforms. It may include engines used in experimental aircraft, research and development projects, unmanned aerial vehicles (UAVs), or unconventional aviation platforms. Gas turbine engines in the "Other" segment may serve specific industrial, commercial, or military applications beyond traditional commercial or defense aircraft. Gas turbine manufacturers involved in specialized applications focus on customizing engine designs, configurations, and performance characteristics to meet the unique requirements of niche markets and support innovative technology development efforts.
Global Aviation Gas Turbines Market, Segmentation by Geography
In this report, the Global Aviation Gas Turbines Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Aviation Gas Turbines Market Share (%), by Geographical Region, 2023
In 2018, North America emerged as the primary stronghold in the global aviation gas turbine market, a trend expected to persist with a notable Compound Annual Growth Rate (CAGR) throughout the forecast period. This dominance is attributed to the region's burgeoning passenger air traffic. Additionally, the buoyant prospects of the defense aviation sector in North America are poised to further bolster the growth trajectory of the aviation gas turbine market.
Asia Pacific is anticipated to seize the reins of the global aviation gas turbine market in the forecast period, exhibiting substantial growth momentum. The region is witnessing a remarkable surge in air passenger volumes, propelled by rapid industrialization, urbanization, and the burgeoning disposable incomes of individuals in emerging economies. This surge in air travel demand is the chief driver fueling the aviation gas turbine market in Asia Pacific. Key countries such as China, Japan, India, Thailand, and Indonesia are expected to play pivotal roles in driving the growth of the aviation gas turbine market in the region.
Europe and Latin America are poised to make significant contributions to the aviation gas turbine market in terms of revenue during the forecast period. These regions are expected to witness steady growth owing to various factors such as infrastructural developments, fleet modernization initiatives, and increasing investments in the aviation sector. Europe and Latin America are anticipated to emerge as lucrative markets for aviation gas turbines, offering substantial growth opportunities for market players.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Aviation Gas Turbines Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing Air Travel Demand
- Fuel Efficiency Requirements
- Technological Advancements
- Expansion of Low-Cost Carriers
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Military Modernization Programs- The global aviation gas turbines market is significantly influenced by military modernization programs undertaken by various countries worldwide. These programs aim to enhance the capabilities, performance, and technological sophistication of military aircraft, thereby driving the demand for advanced gas turbine engines tailored to meet the rigorous requirements of modern warfare. Military modernization initiatives encompass a broad spectrum of activities, including the procurement of new aircraft, upgrades of existing platforms, and investments in cutting-edge technologies. Gas turbine engines play a pivotal role in powering a diverse array of military aircraft, including fighter jets, transport aircraft, helicopters, and unmanned aerial vehicles (UAVs).
As such, advancements in gas turbine technology are crucial for achieving the desired performance, endurance, and reliability necessary to fulfill diverse mission objectives. One prominent aspect of military modernization programs is the focus on enhancing aircraft performance and operational capabilities. This includes the development of next-generation fighter jets equipped with advanced avionics, stealth features, and high-performance gas turbine engines capable of delivering exceptional speed, maneuverability, and combat effectiveness. Additionally, upgrades to existing aircraft platforms involve retrofitting with more fuel-efficient engines, enhanced sensors, and improved communication systems to ensure readiness and relevance in modern conflicts.
Moreover, military modernization efforts prioritize the adoption of innovative propulsion technologies aimed at enhancing operational efficiency and reducing environmental impact. This includes the exploration of alternative fuels, hybrid-electric propulsion systems, and advanced engine designs optimized for greater fuel efficiency and reduced emissions. Such initiatives align with broader sustainability goals and regulatory mandates aimed at mitigating the environmental footprint of military operations. Furthermore, military modernization programs often involve international collaborations, joint development projects, and technology transfer agreements aimed at leveraging collective expertise and resources to achieve common objectives. This collaborative approach fosters partnerships between governments, defense contractors, and aerospace manufacturers, driving innovation and facilitating the exchange of best practices in gas turbine engine development and production.
Restraints:
- High Initial Investment
- Rapid Technological Obsolescence
- Regulatory Compliance
- Slow Certification Processes
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Dependency on Aerospace OEMs- The global aviation gas turbines market is intricately linked to aerospace Original Equipment Manufacturers (OEMs), forming a symbiotic relationship that shapes the dynamics of the industry. Aerospace OEMs, including major companies such as Boeing, Airbus, Lockheed Martin, and Northrop Grumman, are the primary customers and partners for gas turbine manufacturers. These OEMs design, manufacture, and assemble a wide range of aircraft, from commercial airliners to military fighter jets, all of which rely on gas turbine engines for propulsion. One key aspect of the dependency on aerospace OEMs is the close collaboration between gas turbine manufacturers and aircraft manufacturers throughout the design, development, and production phases. Gas turbine engines are often custom-designed and tailored to meet the specific requirements of each aircraft platform, taking into account factors such as size, weight, performance, and mission profile.
This close collaboration ensures that gas turbine engines seamlessly integrate with the aircraft's airframe, systems, and avionics, delivering optimal performance and reliability. Moreover, gas turbine manufacturers heavily rely on aerospace OEMs for aircraft orders and engine installations. The success of gas turbine manufacturers is closely tied to the production rates, order backlogs, and strategic decisions of aerospace OEMs. Changes in OEM production schedules, aircraft procurement strategies, or market demand can have significant implications for gas turbine suppliers, affecting their revenue streams, production planning, and overall business performance. Additionally, gas turbine manufacturers often invest substantial resources in research and development to align with the technology roadmaps and product requirements of aerospace OEMs.
This includes developing innovative engine designs, incorporating advanced materials and manufacturing processes, and meeting stringent performance and environmental standards set by OEMs and regulatory authorities. Gas turbine manufacturers strive to anticipate the future needs of aerospace OEMs and proactively innovate to maintain a competitive edge in the market. Furthermore, the dependency on aerospace OEMs extends beyond commercial aircraft to military platforms. Gas turbine manufacturers collaborate closely with defense contractors and military OEMs to supply engines for military aircraft, helicopters, and unmanned aerial vehicles (UAVs). Military modernization programs, defense procurement cycles, and geopolitical factors influence the demand for gas turbine engines in the military aviation sector, further underscoring the interdependence between gas turbine manufacturers and aerospace OEMs.
Opportunities:
- Rising Air Passenger Traffic
- Modernization of Existing Fleets
- Development of Next-Generation Engines
- Increasing Demand for Military Aircraft
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Growing Demand for Business Aviation- The global aviation gas turbines market is witnessing a significant uptick in demand attributed to the growing segment of business aviation. Business aviation encompasses a diverse range of aircraft primarily used for executive travel, corporate shuttle services, and private transportation. This sector caters to the mobility needs of business executives, high-net-worth individuals, government officials, and other affluent clientele seeking personalized and efficient air travel solutions. One of the key drivers of the growing demand for business aviation is the increasing globalization of business activities and the need for rapid and flexible travel options. Business executives often require expedited travel arrangements to meet tight schedules, attend meetings, visit clients, and explore new opportunities across different geographic regions.
Business aircraft equipped with gas turbine engines offer unparalleled speed, range, and convenience, enabling executives to travel directly to their destinations without the constraints of commercial airline schedules and airport congestion. Moreover, the rise of emerging markets and the expansion of multinational corporations have fueled the demand for business aviation, particularly in regions where commercial air travel infrastructure may be limited or inaccessible. Business aircraft powered by gas turbine engines provide access to remote locations, underserved markets, and business hubs, facilitating efficient business operations and market expansion strategies.
The growing emphasis on safety, security, and privacy in the wake of global events and security concerns has bolstered the appeal of business aviation as a preferred mode of travel for corporate executives and high-profile individuals. Business aircraft offer enhanced security measures, personalized services, and confidentiality, ensuring a discreet and comfortable travel experience for passengers. Furthermore, advancements in gas turbine engine technology have led to the development of business jets with improved performance, fuel efficiency, and range capabilities. Modern business aircraft feature state-of-the-art avionics, luxurious interiors, and advanced amenities, rivaling the comfort and convenience of private yachts and luxury automobiles. Gas turbine engines play a crucial role in powering these high-performance aircraft, offering reliability, power, and efficiency required for long-range travel and executive transportation needs.
Competitive Landscape Analysis
Key players in Global Aviation Gas Turbines Market include:
- CFM International
- Pratt & Whitney Division
- Rolls-Royce
- Engine Alliance
- Avio Aero
- International Aero Engines
- MTU Aero Engines
- NPO Saturn
- General Electric Aviation
- Power Jet
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Propulsion
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Aviation Gas Turbines Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Air Travel Demand
- Fuel Efficiency Requirements
- Technological Advancements
- Expansion of Low-Cost Carriers
- Military Modernization Programs
- Restraints
- High Initial Investment
- Rapid Technological Obsolescence
- Regu latory Compliance
- Slow Certification Processes
- Dependency on Aerospace OEMs
- Opportunities
- Rising Air Passenger Traffic
- Modernization of Existing Fleets
- Development of Next-Generation Engines
- Increasing Demand for Military Aircraft
- Growing Demand for Business Aviation
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Aviation Gas Turbines Market, By Type, 2021 - 2031 (USD Million)
- Turbojet
- Turbofan
- Turboprop
- Other
- Global Aviation Gas Turbines Market, By Propulsion, 2021 - 2031 (USD Million)
- Electric Based Commercial Aircraft
- Special Fuel Based Commercial Aircraft
- Global Aviation Gas Turbines Market, By Application, 2021 - 2031 (USD Million)
- Commercial Aircraft
- Defense Aircraft
- Business Aircraft
- Other
- Global Aviation Gas Turbines Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Aviation Gas Turbines Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- CFM International
- Pratt & Whitney Division
- Rolls-Royce
- Engine Alliance
- Avio Aero
- International Aero Engines
- MTU Aero Engines
- NPO Saturn
- General Electric Aviation
- Power Jet
- Company Profiles
- Analyst Views
- Future Outlook of the Market