Narrow body Aircraft Engine Market Report 2025 (Global Edition)

Global Narrow body Aircraft Engine Market Report 2025 Market Size Split by Type (Turbofan Engine, Turboprop Engine), by Application (Small and Medium Narrow-body Aircraft, Large Narrow-body Aircraft),...

Narrow body Aircraft Engine Market Report Description

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Competitive Landscape Of The Narrow-Body Aircraft Engine Market

The competitive landscape of the Narrow-Body Aircraft Engine Market, several prominent engine manufacturers vie for market dominance. Companies such as CFM International, Pratt & Whitney, and Rolls-Royce are at the forefront, leveraging their extensive experience and technological expertise.

Narrow-Body Aircraft Engine Industry News

In February 2022, A Memorandum of Understanding (MoU) was signed by Safran Helicopter Engines and ST Engineering to conduct research on the application of Sustainable Aviation Fuel (SAF) in helicopter engines. The purpose of the project is to assist helicopter operators in switching from conventional fossil fuels to SAF.

Source-www.safran-group.com/pressroom/safran-and-st-engineering-study-and-advance-use-saf-helicopter-engines-2022-02-16

Top Companies Market Share in Narrow body Aircraft Engine Industry: (In no particular order of Rank)

• CFM International
• GE Aviation
• International Aero Engines
• Pratt & Whitney
• Rolls-Royce
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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In terms of revenue, the North America Narrow Body Aircraft Engine Market share was 40% of the total market

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. The regional analysis underscores North America's pivotal role in the market, fuelled by a robust aerospace industry, technological innovation, and the presence of major engine manufacturers. The segmentation analysis reveals a diverse application of narrow-body aircraft engines across commercial, cargo, regional, and military sectors, reflecting the region's comprehensive utilization of these engines. In conclusion, North America's dominance is characterized by its significant market share and the influential role it plays in shaping the trajectory of the Narrow Body Aircraft Engine market, supported by technological advancements, strong industry collaborations, and a diverse range of applications driving market growth in the region.

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which Asia-Pacific held the fastest growing market of more than 23% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. The regional analysis underscores Asia-Pacific's ascendancy, driven by the region's expanding aviation sector, increasing air travel demand, and a burgeoning middle-class population. In terms of segmentation, the region showcases a diverse application of narrow-body aircraft engines across commercial, cargo, regional, and military sectors, reflecting the diverse operational needs of Asia-Pacific airlines. In conclusion, Asia-Pacific's rapid growth is evident in its substantial market share and expanding market size, marking it as a key player shaping the trajectory of the Narrow Body Aircraft Engine market, driven by economic growth, increasing air connectivity, and a robust demand for efficient and reliable aircraft engines in the region.

The current report Scope analyzes Narrow body Aircraft Engine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Narrow body Aircraft Engine Market Analysis

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. The regional analysis underscores North America's pivotal role in the market, fuelled by a robust aerospace industry, technological innovation, and the presence of major engine manufacturers. The segmentation analysis reveals a diverse application of narrow-body aircraft engines across commercial, cargo, regional, and military sectors, reflecting the region's comprehensive utilization of these engines. In conclusion, North America's dominance is characterized by its significant market share and the influential role it plays in shaping the trajectory of the Narrow Body Aircraft Engine market, supported by technological advancements, strong industry collaborations, and a diverse range of applications driving market growth in the region.

• According to Cognitive Market Research, the US had a major share in the Narrow Body Aircraft Engine market with a market size of USD XX million in 2023 and is projected to grow at a CAGR of 7.3% during the forecast period. This is majorly due to therobust aerospace industry, and inclusivity also play key roles in sustaining market growth and demand. 
• The Canada Narrow Body Aircraft Engines market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 8.3% during the forecast period. This is due to the technological innovation, and the presence of major engine manufacturers..
• The Mexico Narrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD XX million in 2023

 

Europe Narrow body Aircraft Engine Market Analysis

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which Europe held the market held of more than 30% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The regional analysis highlights Europe's established aerospace industry, technological expertise, and commitment to sustainable aviation. Narrow-body aircraft engines find diverse applications in commercial, cargo, regional, and military sectors across the continent. Europe's market dominance is underscored by the presence of key engine manufacturers like Rolls-Royce and Safran, contributing to the region's technological advancements and market influence. In conclusion, Europe's substantial market share reflects its strategic position in shaping the trajectory of the Narrow Body Aircraft Engine market, characterized by a rich industrial heritage, innovative capabilities, and a commitment to advancing aviation technology in tandem with evolving global aviation demands. 

• According to Cognitive Market Research, the Germany Narrow Body Aircraft Engine market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 8.0% during the forecast period. This is majorly due to the growing, technological expertise, and commitment to sustainable aviation, and inclusivity also play key roles in sustaining market growth and demand. 
• The United KingdomNarrow Body Aircraft Engines market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 8.6% during the forecast period. This is due to the increasedtechnological advancements and market influence. 
• The FranceNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD XX million in 2023.
• The ItalyNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD XX million in 2023.
• The RussiaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD XX million in 2023.
• The SpainNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD XX million in 2023.
• The PortugalNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD XX million in 2023.
• The LuxembourgNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD XX million in 2023.
• The GreeceNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD XX million in 2023.
• The Rest of EuropeNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD XX million in 2023.

 

Asia Pacific Narrow body Aircraft Engine Market Analysis

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which Asia-Pacific held the fastest growing market of more than 23% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. The regional analysis underscores Asia-Pacific's ascendancy, driven by the region's expanding aviation sector, increasing air travel demand, and a burgeoning middle-class population. In terms of segmentation, the region showcases a diverse application of narrow-body aircraft engines across commercial, cargo, regional, and military sectors, reflecting the diverse operational needs of Asia-Pacific airlines. In conclusion, Asia-Pacific's rapid growth is evident in its substantial market share and expanding market size, marking it as a key player shaping the trajectory of the Narrow Body Aircraft Engine market, driven by economic growth, increasing air connectivity, and a robust demand for efficient and reliable aircraft engines in the region,

• According to Cognitive Market Research, the China Narrow Body Aircraft Engine market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 10.8% during the forecast period. This is majorly due to theincreasing air travel demand, and a burgeoning middle-class population, and inclusivity also play key roles in sustaining market growth and demand. 
• The IndiaNarrow Body Aircraft Engines market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 13.1% during the forecast period. This is due to the increasedeconomic growth, increasing air connectivity, and a robust demand for efficient and reliable aircraft engines. 
• The JapanNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD XX million in 2023.
• The South KoreaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 10.4% during the forecast period with a market size of USD XX million in 2023.
• The AustraliaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 11.0% during the forecast period with a market size of USD XX million in 2023.
• The South East AsiaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 12.3% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Asia PacificNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 11.1%during the forecast period with a market size of USD XX million in 2023.

South America Narrow body Aircraft Engine Market Analysis

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which Latin America held the market held of more than 5% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. The regional analysis underscores Latin America's modest market presence, influenced by economic considerations and diverse aviation requirements. Narrow-body aircraft engines are applied across commercial, cargo, regional, and military sectors in the region. Despite a smaller market share, Latin America's significance lies in its commitment to aviation modernization and improving regional connectivity. The conclusion anticipates growth potential, driven by economic recovery and the increasing demand for fuel-efficient and adaptable narrow-body aircraft engines, addressing the evolving needs of air travel in Latin America.

• According to Cognitive Market Research, the Brazil Narrow Body Aircraft Engine market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 9.3% during the forecast period. This is majorly due to the growingeconomic considerations and diverse aviation requirements, and inclusivity also play key roles in sustaining market growth and demand. 
• The ArgentinaNarrow Body Aircraft Engines market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 9.6% during the forecast period. This is due to the increasedeconomic recovery and the increasing demand for fuel-efficient and adaptable narrow-body aircraft engines. 
• The ColombiaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD XX million in 2023.
• The PeruNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.9% during the forecast period with a market size of USD XX million in 2023.
• The ChileNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 9.0% during the forecast period with a market size of USD XX million in 2023.
• The Rest of Latin AmericaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD XX million in 2023.

Middle East Narrow body Aircraft Engine Market Analysis

According to Cognitive Market Research, the global Narrow Body Aircraft Engine market size was estimated at USD XX Million out of which Middle East and Africa held the market held of more than 2.00% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2023 to 2030, represents a niche market player with unique characteristics. The regional analysis highlights the region's potential for growth, driven by expanding aviation infrastructure and increased air travel demands. While the market share is relatively small, narrow-body aircraft engines find applications across commercial, cargo, regional, and military sectors in the region. The conclusion emphasizes the Middle East and Africa's strategic importance in the broader market, signalling growth opportunities. The region's commitment to aviation development and the gradual emergence of new airline carriers contribute to the overall dynamics, underlining the potential for increased market share and influence in the evolving landscape of the Narrow Body Aircraft Engine market.

• According to Cognitive Market Research, the GCC Countries Narrow Body Aircraft Engine market size was valued at USD XX million in 2023 and is projected to grow at a CAGR of 9.8% during the forecast period. This is majorly due to theexpanding aviation infrastructure and increased air travel demands, and inclusivity also play key roles in sustaining market growth and demand. 
• The South AfricaNarrow Body Aircraft Engines market had a market share of USD XX million in 2023 and is projected to grow at a CAGR of 10.0% during the forecast period. This is due to the increasedtechnological advancements.
• TheEgyptNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD XX million in 2023.
• TheTurkeyNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD XX million in 2023.
• TheNigeriaNarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD XX million in 2023.
• The Rest of MEANarrow Body Aircraft Engines market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD XX million in 2023.

 

Narrow body Aircraft Engine Market Analysis

Narrow Body Aircraft Engine Market Type Segment Analysis

According to Cognitive Market Research,the dominant category is the Turbofan Engine. Renowned for its versatility and efficiency, the turbofan engine is widely preferred for narrow-body aircraft. Offering a balanced combination of high thrust, fuel efficiency, and low noise levels, turbofan engines cater to the demands of short to medium-haul flights common in narrow-body aircraft operations. Airlines prioritize these engines due to their superior performance characteristics, making them the go-to choice for modernizing and expanding narrow-body fleets. The dominance of turbofan engines reflects the industry's commitment to delivering optimal operational capabilities, fuel economy, and passenger comfort in the competitive landscape of narrow-body aircraft.

The fastest-growing category in the Narrow Body Aircraft Engine market is the Turboprop Engine. Turboprop engines are experiencing renewed interest, particularly in regional and short-haul operations. With advancements in technology, modern turboprop engines offer improved fuel efficiency, lower operating costs, and enhanced reliability. Airlines operating in regions with shorter runways and a focus on cost-effective operations find turboprop engines increasingly attractive. The versatility of turboprop engines makes them the fastest-growing category, addressing specific market niches and expanding their footprint in the evolving landscape of narrow-body aircraft applications.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Narrow body Aircraft Engine Industry. Request a Free Sample PDF!

According to Cognitive Market Research,the dominant category is the Large Narrow-body Aircraft segment. The engines tailored for large narrow-body aircraft are characterized by their higher thrust capacity, optimized for extended range and greater passenger capacity. With the growing demand for air travel and the preference for larger-capacity narrow-body aircraft, engines designed for these applications hold a prominent market share. Airlines operating on busy and popular routes often opt for large narrow-body aircraft, contributing to the sustained dominance of engines designed to power these aircraft types. The dominance of engines for large narrow-body aircraft underscores the market's response to the evolving preferences of airlines and passengers for increased capacity and extended-range capabilities.

The fastest-growing category in the Narrow Body Aircraft Engine market is the Small and Medium Narrow-body Aircraft segment. This category reflects the industry's response to the rising demand for more fuel-efficient and versatile engines tailored for regional and short-haul operations. As airlines seek to optimize operational costs and explore markets with smaller airports and shorter runways, engines designed for small and medium narrow-body aircraft are experiencing significant growth. The fastest-growing status of engines for small and medium narrow-body aircraft highlights the industry's adaptability to changing market dynamics and the increasing focus on efficiency and flexibility in narrow-body aircraft applications.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Narrow body Aircraft Engine SubType Segment Analysis

According to Cognitive Market Research,the dominant category is the Geared Turbofan. Renowned for its ground-breaking technology, the Geared Turbofan (GTF) engine has reshaped the landscape of narrow-body aircraft propulsion. This innovative subtype incorporates a gearbox between the engine's low-pressure turbine and the fan, optimizing fuel efficiency and reducing emissions. Airlines increasingly favour GTF engines for their exceptional fuel-saving capabilities, quieter operation, and overall improved performance. The dominance of Geared Turbofan engines signifies a paradigm shift in narrow-body aircraft propulsion, emphasizing the industry's commitment to technological advancements for enhanced efficiency and sustainability.

The fastest-growing category in the Narrow Body Aircraft Engine market is the Direct Drive Turbofan. Characterized by its simplicity and reliability, the Direct Drive Turbofan engine has garnered attention for its straightforward design, omitting the need for a gearbox. This subtype appeals to airlines seeking a balance between efficiency and ease of maintenance. With advancements in materials and manufacturing, direct-drive turbofan engines are experiencing a surge in adoption, particularly in regions where operational simplicity and lower maintenance costs are priorities. The fastest-growing status of direct-drive turbofan engines reflects the evolving preferences and requirements within the narrow-body aircraft engine market.

• Geared Turbofan
• Direct Drive Turbofan

Narrow body Aircraft Engine Sub Application Segment Analysis

According to Cognitive Market Research,the dominant sub-application category is Commercial Aircraft. The engines designed for commercial narrow-body aircraft hold a prominent position due to the sustained growth in commercial air travel. Airlines worldwide prioritize these engines for their efficiency, reliability, and performance, catering to the demand for passenger transportation on short to medium-haul routes. The dominance of engines for commercial aircraft underscores the critical role played by narrow-body aircraft in meeting the high demand for point-to-point travel, connecting major and secondary airports efficiently.

The fastest-growing sub-application category in the Narrow Body Aircraft Engine market is Regional Aircraft. With an increasing focus on regional connectivity and the exploration of untapped markets, engines designed for regional narrow-body aircraft are experiencing notable growth. These engines are tailored for shorter routes, allowing airlines to efficiently serve regional airports and enhance connectivity in emerging aviation markets. The fastest-growing status of engines for regional aircraft reflects the industry's response to the evolving dynamics of regional air travel and the demand for more agile and fuel-efficient solutions in this segment.

• Commercial
• Cargo
• Regional
• Military

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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