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US Commercial Aircraft Gas Turbine Engine Market Research Report: By Engine Type (Turbofan Engine, Turbojet Engine, Turboprop Engine), By Application (Commercial Aviation, Cargo Transport, Business Aviation), By Engine Configuration (High-bypass, Medium-bypass, Low-bypass) and By Fuel Type (Jet Fuel, Biofuel, Synthetic Fuel) - Forecast to 2035


ID: MRFR/A&D/15585-HCR | 100 Pages | Author: Garvit Vyas| December 2023

US Commercial Aircraft Gas Turbine Engine Market Overview


As per MRFR analysis, the US Commercial Aircraft Gas Turbine Engine Market Size was estimated at 17.32 (USD Billion) in 2023. The US Commercial Aircraft Gas Turbine Engine Market Industry is expected to grow from 17.59(USD Billion) in 2024 to 30 (USD Billion) by 2035. The US Commercial Aircraft Gas Turbine Engine Market CAGR (growth rate) is expected to be around 4.974% during the forecast period (2025 - 2035).


Key US Commercial Aircraft Gas Turbine Engine Market Trends Highlighted


The US Commercial Aircraft Gas Turbine Engine Market is influenced by several significant market drivers. One of the primary drivers is the increasing demand for more fuel-efficient and sustainable aircraft due to stricter environmental regulations and consumer preferences for greener travel options. The US government has implemented various policies to reduce aviation emissions, prompting manufacturers to develop advanced gas turbine engines that meet these standards. Innovations in materials and technologies, such as the use of lightweight composites and advanced aerodynamics, are also driving the market. Opportunities are evolving as companies focus on developing next-generation engines that enhance performance and reduce fuel consumption.The growing trend of regional jet aircraft and the rise in low-cost carriers create incentives for manufacturers to design engines that cater to smaller aircraft segments. The US is home to well-established aerospace manufacturers, which presents opportunities for collaboration on research and development projects aimed at improving engine efficiency and durability. In recent times, the market has seen a significant shift toward hybrid-electric and electric propulsion systems. Companies in the US are increasingly investing in these technologies as the aviation industry looks for alternatives to traditional fossil fuels. Partnerships between aerospace companies and technology firms are becoming prevalent, contributing to innovative solutions that could reshape the future of commercial aviation.Furthermore, the ongoing recovery from the impacts of the COVID-19 pandemic has led to a renewed focus on streamlining operations and enhancing performance, with gas turbine engines being crucial in optimizing flight operations. Overall, the US Commercial Aircraft Gas Turbine Engine Market is steadily evolving with technology and environmental considerations taking center stage.


US Commercial Aircraft Gas Turbine Engine Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Commercial Aircraft Gas Turbine Engine Market Drivers


Increasing Air Travel Demand


The US Commercial Aircraft Gas Turbine Engine Market Industry is significantly driven by the increasing demand for air travel, particularly in the wake of post-pandemic recovery. According to the Federal Aviation Administration (FAA), passenger travel in the US is projected to reach approximately 1.1 billion by 2024, indicating a strong recovery and growth trajectory. This surge in demand will result in increased order volumes for commercial aircraft and consequently gas turbine engines.Major aircraft manufacturers such as Boeing and Airbus are expanding their production rates to accommodate this anticipated rise in travel, thereby necessitating greater production and development of gas turbine engines. As travel frequency increases, the need for efficient, high-performance engines will become paramount, supporting a robust growth forecast in the US Commercial Aircraft Gas Turbine Engine Market.


Technological Advancements in Engine Efficiency


The evolution of technology in gas turbine engines plays a crucial role in the growth of the US Commercial Aircraft Gas Turbine Engine Market. Innovations such as advanced materials, improved aerodynamics, and digital technologies are enhancing engine performance and fuel efficiency. The US Department of Energy has reported that advancements in materials such as ceramic matrix composites can lead to a 20% improvement in fuel efficiency. Industry leaders, including General Electric and Pratt & Whitney, are heavily investing in Research and Development to pioneer these innovations.These technological improvements not only address environmental concerns and regulatory requirements but also offer significant economic benefits to airline operators, marking them as pivotal drivers of market growth.


Government Regulatory Support and Policies


Government regulations and policies aimed at reducing aviation emissions and promoting sustainable aviation fuel have a substantial influence on the US Commercial Aircraft Gas Turbine Engine Market Industry. The Federal Aviation Administration (FAA) is actively working to implement new standards that encourage cleaner technologies in aviation. With the International Civil Aviation Organization (ICAO) setting ambitious targets for carbon emissions reductions, regional players are adjusting their strategies accordingly.This regulatory framework has prompted US manufacturers to innovate and adapt, ensuring compliance while also enhancing competitiveness. As these regulations evolve, they create a supportive landscape that is likely to drive growth in the market for more efficient gas turbine engines, aligning with both governmental objectives and market needs.


US Commercial Aircraft Gas Turbine Engine Market Segment Insights


Commercial Aircraft Gas Turbine Engine Market Engine Type Insights


The US Commercial Aircraft Gas Turbine Engine Market, characterized by its diverse Engine Type segmentation, plays a pivotal role in the aviation industry. This segment includes three primary categories: Turbofan Engines, Turbojet Engines, and Turboprop Engines, each contributing uniquely to the market landscape. Turbofan Engines are widely recognized for their efficiency and are the preferred choice for commercial airliners and large aircraft due to their superior fuel efficiency and lower noise levels, making them a key player in achieving regulatory compliance and improving passenger comfort.On the other hand, Turbojet Engines, while historically significant, are now less common for commercial use, largely replaced by the more efficient turbofan designs; however, they are still utilized in military applications and some private jets, showcasing their versatility and importance in niche markets. Furthermore, Turboprop Engines are noteworthy for regional and commuter aircraft, offering exceptional short takeoff and landing capabilities, making them ideal for operating in and out of smaller airports, thereby enhancing regional connectivity in the aviation network.The ongoing advancements in technology for these engine types are driven by the need for reduced emissions and improved performance, reflecting the broader trends within the US aviation industry aimed at meeting stringent environmental standards. Each Engine Type serves distinct operational purposes, ensuring that the commercial aircraft fleets are equipped to tackle diverse flight demands efficiently. The interplay between these segments highlights the dynamic nature of the market as stakeholders continue to seek innovations that align with industry trends and consumer preferences, ensuring that the US remains a leader in aviation technology and infrastructure development.Overall, the segmentation not only reflects the current landscape but also showcases the growth opportunities inherent in the evolution and diversification of commercial aircraft engines.


 


US Commercial Aircraft Gas Turbine Engine Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Commercial Aircraft Gas Turbine Engine Market Application Insights


 


The US Commercial Aircraft Gas Turbine Engine Market comprises several critical applications including Commercial Aviation, Cargo Transport, and Business Aviation, each playing a vital role in the overall market dynamics. Commercial Aviation stands out as a significant driver of the market, with growing passenger demand and the need for efficient, reliable engines paving the way for continuous innovation and technological advancements. Cargo Transport is increasingly gaining importance, especially with the rising e-commerce sector, necessitating robust and efficient engines that can support freight operations while maintaining economic viability.Business Aviation, catering to corporate and high-net-worth individuals, offers flexibility and convenience, making it a crucial segment for manufacturers focusing on performance and comfort. Trends such as sustainability and eco-efficiency are becoming more prominent in all application areas, prompting research and development efforts aimed at reducing emissions and enhancing fuel efficiency. The market is currently witnessing growth due to factors such as increasing air travel, advancements in engine technologies, and a shift towards greener aviation solutions, which present opportunities for industry players to innovate and adapt within the US Commercial Aircraft Gas Turbine Engine Market landscape.


Commercial Aircraft Gas Turbine Engine Market Engine Configuration Insights


 


The Engine Configuration segment within the US Commercial Aircraft Gas Turbine Engine Market plays a vital role in defining operational efficiency and performance capabilities of commercial aircraft. The market is primarily segmented into High-bypass, Medium-bypass, and Low-bypass engines, each catering to specific aircraft types and operational requirements. High-bypass engines are significant due to their efficient fuel consumption and reduced noise, making them ideal for long-haul flights. They dominate the market due to the increasing emphasis on sustainability and operational cost reduction.Medium-bypass engines are known for their versatility and balance between performance and efficiency, often used in regional jet and narrowbody aircraft. Low-bypass engines, although less prevalent, are still relevant for older aircraft and specialized applications where high thrust is required. As airlines continue to innovate in fuel efficiency and emissions reduction, advancements in these engine configurations are anticipated to play a crucial role in shaping future market dynamics and technological developments in the US Commercial Aircraft Gas Turbine Engine Market industry.Moreover, the growing demand for fuel-efficient aircraft from the aerospace sector presents significant opportunities for advancements and investments in Engine Configuration innovations.


Commercial Aircraft Gas Turbine Engine Market Fuel Type Insights


 


The Fuel Type segment of the US Commercial Aircraft Gas Turbine Engine Market reflects a diverse landscape with significant contributions from Jet Fuel, Biofuel, and Synthetic Fuel. Jet Fuel remains the predominant choice among commercial airlines due to its established supply chain, high-energy density, and efficient combustion characteristics. However, with increasing environmental concerns and regulatory demands, Biofuel is gaining traction as a sustainable alternative, promising lower carbon emissions and a potential to significantly reduce the aviation industry's carbon footprint.Meanwhile, Synthetic Fuel, produced through advanced processes, is becoming noteworthy for its ability to utilize a variety of feedstocks, contributing to energy security in the US. This diverse Fuel Type segmentation illustrates the industry's transitional phase towards greener technologies while maintaining operational reliability and efficiency. The growing emphasis on sustainability and alternative fuels is expected to propel investments and innovations in the sector, aligning with national policies aimed at reducing overall greenhouse gas emissions from aviation.As the industry confronts these evolving dynamics, the US stands poised to be at the forefront of implementing these advancements in the commercial aircraft gas turbine engine market.


US Commercial Aircraft Gas Turbine Engine Market Key Players and Competitive Insights:


The US Commercial Aircraft Gas Turbine Engine Market is characterized by intense competition among major players who continuously innovate and enhance their product offerings to maintain market share and meet evolving consumer demands. The industry has seen advancements in technology, fuel efficiency, and emissions reductions, spurred by regulatory requirements and environmental concerns. Companies are engaged in strategic partnerships, research and development initiatives, and expansion plans to capitalize on growth opportunities. The market dynamics are shaped by a combination of domestic manufacturing capabilities, robust supply chain management, and geopolitical factors influencing trade policies. As airlines expand their fleets to cater to increased passenger volumes, the demand for gas turbine engines continues to rise, establishing a competitive landscape where manufacturers must navigate challenges while pursuing growth.Airbus maintains a significant presence in the US Commercial Aircraft Gas Turbine Engine Market, leveraging its extensive portfolio and strong brand reputation. The company is known for its innovative aircraft designs that incorporate advanced turbofan engines, which contribute to higher fuel efficiency and reduced emissions. Airbus benefits from strategic collaborations with engine manufacturers and has established a solid foothold in the regional market through its A320neo and A350 aircraft models. The company's focus on sustainability and technological advancement enhances its competitive position. Furthermore, Airbus has invested in developing next-generation engines, aligning with market demands for greener aviation solutions. The manufacturer's robust after-sales support and maintenance services also bolster customer loyalty, positioning Airbus as a formidable competitor in the US market.MTU Aero Engines holds a prominent position in the US Commercial Aircraft Gas Turbine Engine Market, recognized for its expertise in high-performance engine systems and components. The company specializes in developing and manufacturing engines for various aircraft models, focusing on sustainability and fuel efficiency. With a broad array of products including turbofans and other advanced propulsion technologies, MTU Aero Engines is well-placed to meet the diverse needs of aircraft manufacturers in the region. The company has been proactive in forming strategic partnerships and alliances, ensuring its competitive advantage through technology-sharing agreements and joint ventures. MTU Aero Engines continually invests in research and development to enhance engine performance while minimizing environmental impact. Recent mergers and acquisitions have further strengthened its market presence, enabling the company to expand its product offerings and access new customer segments, thereby solidifying its standing within the competitive landscape of the US market.


Key Companies in the US Commercial Aircraft Gas Turbine Engine Market Include:



  • Airbus

  • MTU Aero Engines

  • Boeing

  • BendixKing

  • Safran

  • RollsRoyce

  • CFM International

  • United Technologies

  • Mitsubishi Heavy Industries

  • Rockwell Collins

  • Pratt and Whitney

  • Spirit AeroSystems

  • Textron Aviation

  • General Electric

  • Honeywell


US Commercial Aircraft Gas Turbine Engine Market Industry Developments


Recent developments in the US Commercial Aircraft Gas Turbine Engine Market include the ongoing advancements in technology and the shift towards more fuel-efficient engines. Companies such as General Electric and Pratt and Whitney have made significant investments in Research and Development to enhance the performance and sustainability of their engines. In September 2023, Rolls Royce announced the successful completion of a test program for its Pearl 700 turbofan engine, intended for the business aviation sector, showcasing advancements in engine efficiency and emissions reductions. Additionally, Boeing has experienced a steady increase in demand for its 737 MAX series, which is equipped with advanced turbofan engines, further stimulating growth in the market. Recent merger and acquisition activities include Safran's acquisition of the remaining shares in Zodiac Aerospace in August 2022, which strengthens their position in the aerospace propulsion market. Furthermore, market valuation growth has been reported, driven by recovery in air travel after the pandemic and increasing orders for new aircraft, significantly impacting players like Airbus and CFM International. The overall trend reflects a robust future for the Commercial Aircraft Gas Turbine Engine Market, particularly as companies continue to focus on innovation and sustainability.


US Commercial Aircraft Gas Turbine Engine Market Segmentation Insights


Commercial Aircraft Gas Turbine Engine Market Engine Type Outlook



  • Turbofan Engine

  • Turbojet Engine

  • Turboprop Engine


Commercial Aircraft Gas Turbine Engine Market Application Outlook



  • Commercial Aviation

  • Cargo Transport

  • Business Aviation


Commercial Aircraft Gas Turbine Engine Market Engine Configuration Outlook



  • High-bypass

  • Medium-bypass

  • Low-bypass


Commercial Aircraft Gas Turbine Engine Market Fuel Type Outlook



  • Jet Fuel

  • Biofuel

  • Synthetic Fuel


 

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 17.32(USD Billion)
MARKET SIZE 2024 17.59(USD Billion)
MARKET SIZE 2035 30.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.974% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Airbus, MTU Aero Engines, Boeing, BendixKing, Safran, RollsRoyce, CFM International, United Technologies, Mitsubishi Heavy Industries, Rockwell Collins, Pratt and Whitney, Spirit AeroSystems, Textron Aviation, General Electric, Honeywell
SEGMENTS COVERED Engine Type, Application, Engine Configuration, Fuel Type
KEY MARKET OPPORTUNITIES Increased demand for fuel efficiency, Advancements in additive manufacturing, Growth of UAV applications, Rising focus on hybrid engines, Expansion of regional aircraft market
KEY MARKET DYNAMICS Technological advancements, Strict emission regulations, Increasing aircraft deliveries, Rising fuel efficiency demands, Competitive pricing pressures
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Commercial Aircraft Gas Turbine Engine Market is expected to be valued at 17.59 billion USD in 2024.

By 2035, the market is projected to reach a value of 30.0 billion USD.

The market is expected to grow at a CAGR of 4.974% from 2025 to 2035.

The Turbofan Engine is expected to dominate the market with a value of 9.87 billion USD in 2024.

The Turbojet Engine segment is projected to be valued at 5.5 billion USD by 2035.

Key players include Airbus, Boeing, and General Electric among others.

The Turboprop Engine segment is expected to be valued at 4.32 billion USD in 2024.

The market has faced challenges but is anticipated to show resilience and continued growth amid global changes.

The Turbofan Engine segment is expected to be valued at 16.0 billion USD by 2035.

Emerging trends in fuel efficiency and technological advancements offer notable growth opportunities in the market.

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