Aerospace & Defense Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Aircraft Engines
Overview
Market size
$132.0B
global, USD
CAGR
6.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
9
tracked players
Signals
12
1 high severity
Market outlook
2031$183.4B
What changed
Demand by region
North America demand35%
Asia Pacific demand30%
Europe demand20%
Middle East & Africa demand10%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw Materials and Alloys (Titanium, Nickel, Aluminum)35%
Precision Manufacturing and Advanced Engineering Labor30%
Component Sourcing and Tier 2/3 Supply Chain Subcontracting15%
Research, Development, and Testing Compliance12%
Energy and Global Logistics8%
share of delivered cost (analyst estimate)