Wide craft aircraft are specially designed aircrafts with huge internal space that can accommodate 11 passengers sideways. Moreover, in the economic class of these aircraft there are arrangements for seven-passenger sideways. These aircraft require special engines and turbines for proper flight as the weight is needed to be distributed.
Thus, several industries sprung up to manufacture the Wide-Body Aircraft Engine. These engines are generally used in pairs and the aircrafts driven by two engines are twin-jet aircraft. Besides this, there are Trijet and quad jet engines too for aircraft to sustain itself in high turbulence. However, twinjet is more preferred than the other engines for easy maintenance.
The global Wide-Body Aircraft Engine market concentrates primarily on the service the Wide-Body Aircraft Engine items can provide. Thus, industrialization is one of the key factors that induce growth to the pace of the market. However, an increase in demand for Trijet engines for their sudden drop in cost is also setting a new pace in the Wide-Body Aircraft Engine market growth in global standards.
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Key Players:
GE Aviation
Pratt & Whitney
Rolls-Royce
…
Segmentation
The basic segmentation of the Wide-Body Aircraft Engine market depends on the product type and application of Wide-Body Aircraft Engine. In case of Wide-Body Aircraft Engine market, these segments help in building a better market for the future.
Based on the type, the segmentation of the Wide-Body Aircraft Engine market includes Turbojet Engine and Turbo Fan Engine. The products are manufactured based on the requirements of especially these two types of engines. However, sometimes they are customized with special features too.
Based on the application, the segmentation of the Wide-Body Aircraft Engine market includes the basic varieties of aircraft based on their sizes. Thus, the basic three types of aircrafts where Wide-Body Aircraft Engine is used are Small, Medium Wide Body Aircraft and Large Wide-Body Aircraft.
Regional Market
A market report must include a regional report to ensure the regions providing revenue for the global market. In case of Wide-Body Aircraft Engine market North America, South America, Europe, the Asia Pacific region and the Middle East and Africa primarily collect the revenue.
North America and Europe have the greatest technological field that can support the global Wide-Body Aircraft Engine market. Here are certain countries that collect revenue by increasing the horizon of their local market with impressive measures. The major countries are the UK, the US, Canada, Italy, France, Mexico, Russia, and Spain. Similarly there are other countries from APAC region that participate in the revenue collection actively. They are mainly India, China, Japan, Indonesia, and Thailand.
Industry News
A joint venture of the Tata Sons and Singapore Airlines, Vistara, announces that they have recently cracked a deal of worth $2.4 billion for 26 engines to power 13 new Airbus A320neo and a long term engine maintenance contract for its Airbus fleet.
According to them, this is not the end. They also signed a project to launch Rate per Flight Hour (RPFH) agreement for the maintenance of the 120 (CFM) LEAP-1A engines that power 60 such Airbus A320neo and A321neo aircraft in service.
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Table Of Content:
1 Market Overview
2 Global Market Competition by Manufacturers
3 Global Capacity, Production, Revenue (Value) by Region (2013-2018)
4 Global Supply (Production), Consumption, Export, Import by Region (2013-2018)
5 Global Production, Revenue (Value), Price Trend by Type
6 Global Market Analysis by Application
7 Global Manufacturers Profiles/Analysis
8 Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Market Forecast (2018-2025)
13 Research Findings and Conclusion
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