Global Commercial Aircraft Market will Continue to Grow Despite Supply Chain Challenges

Global Commercial Aircraft Market will Continue to Grow Despite Supply Chain Challenges

  • Submitted By: john55364
  • Date Submitted: 05/06/2015 2:55 AM
  • Category: Business
  • Words: 2290
  • Page: 10

Transparency Market
Research

Commercial Aircraft Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 – 2019

Published Date
2014-06-13

94 Page Report

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Press Release

Commercial Aircraft Market to Reach USD 265.71 Billion by 2019

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Commercial Aircraft Market

REPORT DESCRIPTION

According to a new market research report Commercial Aircraft (Engine, Parts, and Equipment) Market –
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019, published by
Transparency Market Research, the global market for commercial aircraft is forecast to reach USD 265.71
billion by 2019. The market is driven by increased demand for aircrafts as an outcome of network
expansion by airlines. Introduction of low cost carriers and expansion of destinations connected/served by
airlines has in particular affected the demand for single aisle aircrafts. The report provides in-depth
analysis of the market by segmenting it on the basis of parameters such as jet engine type, components,
and aircraft type.
Browse the full Commercial Aircraft Market report at
http://www.transparencymarketresearch.com/commercial-aircraft-market.html
The global Commercial aircraft market was valued at USD 189.21 billion in 2012 and is expected to grow at
a CAGR of 5.0% from 2013 – 2019. These aircrafts are predominantly powered by jet engines, which are
classified as turboprop and turbofan engines. Of these, the turbofan engines segment because of their
high speed (more than 400 mph) and better efficiency at higher altitudes is expected to record faster
growth as compared to turboprop engines during the forecast period. In addition, growth of the commercial
aircraft jet engines market is further aided by development of...

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