Global Aircraft Engines Market worth US$ 253.5 Billion 2029 with a CAGR of 12.4 %The report "Global Aircraft Engines Market, By Engine Type (Piston, Turbofan, Turboprop, and Turboshaft), By Wing Type (Rotary Wing and Fixed Wing), By End-User (Military Aviation and Civil Aviation (Commercial Aviation and General Aviation)), and Region - Global Forecast to 2029" Global aircraft engines market is projected to grow from US$ 88.8 billion in 2020 to US$ 253.5 billion by 2029. Increasing use of aircraft engines in military sector for countering terrorism, illegal infiltration, and drug trafficking is major factor driving growth of the global aircraft engines market. Growing demand for aircrafts in the commercial aviation sector is a major factor propelling growth of the global market. Increasing military budgets, especially in emerging economies, along with adoption of aircrafts that are equipped with advance technology are factors fueling the demand for the aircrafts and drives the growth of the global market. In addition, growing adoption of electrical aircrafts and aircrafts with less emission, owing to increasing environmental awareness is resulting into rising demand for electric engines, turbo engines. Also, the increasing demand for lightweight aircraft and growing number of manufacturers especially in developing countries are factors expected to boost growth of the global aircraft engines market over the forecast period. Nonetheless, development of lightweight aircrafts with sustainable energy and the introduction of a new range of less fuel consuming engines can create higher revenue opportunities for players in the global aircraft engines market.Link: https://www.prophecymarketinsights.com/market_insight/Global-Aircraft-Engines-Market-By-976