Global Flight Propulsion Systems Market Growth 2023-2029

A flight propulsion system generally consists of an aircraft engine and some means to generate thrust, such as a propeller or a propulsive nozzle. An flight propulsion system must achieve two things. First, the thrust from the propulsion system must balance the drag of the airplane when the airplane is cruising. And second, the thrust from the propulsion system must exceed the drag of the airplane for the airplane to accelerate. In fact, the greater the difference between the thrust and the drag, called the excess thrust, the faster the airplane will accelerate.

LPI (LP Information)' newest research report, the “Flight Propulsion Systems Industry Forecast” looks at past sales and reviews total world Flight Propulsion Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Flight Propulsion Systems sales for 2023 through 2029. With Flight Propulsion Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flight Propulsion Systems industry.

This Insight Report provides a comprehensive analysis of the global Flight Propulsion Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flight Propulsion Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flight Propulsion Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flight Propulsion Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flight Propulsion Systems.

The global Flight Propulsion Systems market size is projected to grow from US$ 164480 million in 2022 to US$ 265060 million in 2029; it is expected to grow at a CAGR of 265060 from 2023 to 2029.

North America is the largest market with about 56% market share. Europe is follower, accounting for about 39% market share.

The key players are CFM, General Electric Company, Rolls-Royce Holdings, United Technologies, Safran, Honeywell, GKN Aerospace, MTU Aero Engines, United Engine Corporation, Aero Engine Corporation of China etc. CFM is the largest manufacturer with about 40% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Flight Propulsion Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Air Breathing Engines
    Non-Air Breathing Engines

Segmentation by application
    Aircraft
    Spacecraft
    Missiles
    Unmanned Aerial Vehicle

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    CFM
    General Electric Company
    Rolls-Royce Holdings
    United Technologies
    Safran
    Honeywell
    GKN Aerospace
    MTU Aero Engines
    United Engine Corporation
    Aero Engine Corporation of China

Key Questions Addressed in this Report
What is the 10-year outlook for the global Flight Propulsion Systems market?
What factors are driving Flight Propulsion Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flight Propulsion Systems market opportunities vary by end market size?
How does Flight Propulsion Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Flight Propulsion Systems Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Flight Propulsion Systems Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Air Breathing Engines
    Table 4. Major Players of Non-Air Breathing Engines
    Table 5. Global Flight Propulsion Systems Sales by Type (2018-2023) & (Units)
    Table 6. Global Flight Propulsion Systems Sales Market Share by Type (2018-2023)
    Table 7. Global Flight Propulsion Systems Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Flight Propulsion Systems Revenue Market Share by Type (2018-2023)
    Table 9. Global Flight Propulsion Systems Sale Price by Type (2018-2023) & (USD/Unit)
    Table 10. Global Flight Propulsion Systems Sales by Application (2018-2023) & (Units)
    Table 11. Global Flight Propulsion Systems Sales Market Share by Application (2018-2023)
    Table 12. Global Flight Propulsion Systems Revenue by Application (2018-2023)
    Table 13. Global Flight Propulsion Systems Revenue Market Share by Application (2018-2023)
    Table 14. Global Flight Propulsion Systems Sale Price by Application (2018-2023) & (USD/Unit)
    Table 15. Global Flight Propulsion Systems Sales by Company (2018-2023) & (Units)
    Table 16. Global Flight Propulsion Systems Sales Market Share by Company (2018-2023)
    Table 17. Global Flight Propulsion Systems Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Flight Propulsion Systems Revenue Market Share by Company (2018-2023)
    Table 19. Global Flight Propulsion Systems Sale Price by Company (2018-2023) & (USD/Unit)
    Table 20. Key Manufacturers Flight Propulsion Systems Producing Area Distribution and Sales Area
    Table 21. Players Flight Propulsion Systems Products Offered
    Table 22. Flight Propulsion Systems Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Flight Propulsion Systems Sales by Geographic Region (2018-2023) & (Units)
    Table 26. Global Flight Propulsion Systems Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Flight Propulsion Systems Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Flight Propulsion Systems Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Flight Propulsion Systems Sales by Country/Region (2018-2023) & (Units)
    Table 30. Global Flight Propulsion Systems Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Flight Propulsion Systems Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Flight Propulsion Systems Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Flight Propulsion Systems Sales by Country (2018-2023) & (Units)
    Table 34. Americas Flight Propulsion Systems Sales Market Share by Country (2018-2023)
    Table 35. Americas Flight Propulsion Systems Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Flight Propulsion Systems Revenue Market Share by Country (2018-2023)
    Table 37. Americas Flight Propulsion Systems Sales by Type (2018-2023) & (Units)
    Table 38. Americas Flight Propulsion Systems Sales by Application (2018-2023) & (Units)
    Table 39. APAC Flight Propulsion Systems Sales by Region (2018-2023) & (Units)
    Table 40. APAC Flight Propulsion Systems Sales Market Share by Region (2018-2023)
    Table 41. APAC Flight Propulsion Systems Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Flight Propulsion Systems Revenue Market Share by Region (2018-2023)
    Table 43. APAC Flight Propulsion Systems Sales by Type (2018-2023) & (Units)
    Table 44. APAC Flight Propulsion Systems Sales by Application (2018-2023) & (Units)
    Table 45. Europe Flight Propulsion Systems Sales by Country (2018-2023) & (Units)
    Table 46. Europe Flight Propulsion Systems Sales Market Share by Country (2018-2023)
    Table 47. Europe Flight Propulsion Systems Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Flight Propulsion Systems Revenue Market Share by Country (2018-2023)
    Table 49. Europe Flight Propulsion Systems Sales by Type (2018-2023) & (Units)
    Table 50. Europe Flight Propulsion Systems Sales by Application (2018-2023) & (Units)
    Table 51. Middle East & Africa Flight Propulsion Systems Sales by Country (2018-2023) & (Units)
    Table 52. Middle East & Africa Flight Propulsion Systems Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Flight Propulsion Systems Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Flight Propulsion Systems Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Flight Propulsion Systems Sales by Type (2018-2023) & (Units)
    Table 56. Middle East & Africa Flight Propulsion Systems Sales by Application (2018-2023) & (Units)
    Table 57. Key Market Drivers & Growth Opportunities of Flight Propulsion Systems
    Table 58. Key Market Challenges & Risks of Flight Propulsion Systems
    Table 59. Key Industry Trends of Flight Propulsion Systems
    Table 60. Flight Propulsion Systems Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Flight Propulsion Systems Distributors List
    Table 63. Flight Propulsion Systems Customer List
    Table 64. Global Flight Propulsion Systems Sales Forecast by Region (2024-2029) & (Units)
    Table 65. Global Flight Propulsion Systems Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Flight Propulsion Systems Sales Forecast by Country (2024-2029) & (Units)
    Table 67. Americas Flight Propulsion Systems Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Flight Propulsion Systems Sales Forecast by Region (2024-2029) & (Units)
    Table 69. APAC Flight Propulsion Systems Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Flight Propulsion Systems Sales Forecast by Country (2024-2029) & (Units)
    Table 71. Europe Flight Propulsion Systems Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Flight Propulsion Systems Sales Forecast by Country (2024-2029) & (Units)
    Table 73. Middle East & Africa Flight Propulsion Systems Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Flight Propulsion Systems Sales Forecast by Type (2024-2029) & (Units)
    Table 75. Global Flight Propulsion Systems Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Flight Propulsion Systems Sales Forecast by Application (2024-2029) & (Units)
    Table 77. Global Flight Propulsion Systems Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. CFM Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 79. CFM Flight Propulsion Systems Product Portfolios and Specifications
    Table 80. CFM Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 81. CFM Main Business
    Table 82. CFM Latest Developments
    Table 83. General Electric Company Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 84. General Electric Company Flight Propulsion Systems Product Portfolios and Specifications
    Table 85. General Electric Company Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 86. General Electric Company Main Business
    Table 87. General Electric Company Latest Developments
    Table 88. Rolls-Royce Holdings Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 89. Rolls-Royce Holdings Flight Propulsion Systems Product Portfolios and Specifications
    Table 90. Rolls-Royce Holdings Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 91. Rolls-Royce Holdings Main Business
    Table 92. Rolls-Royce Holdings Latest Developments
    Table 93. United Technologies Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 94. United Technologies Flight Propulsion Systems Product Portfolios and Specifications
    Table 95. United Technologies Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 96. United Technologies Main Business
    Table 97. United Technologies Latest Developments
    Table 98. Safran Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 99. Safran Flight Propulsion Systems Product Portfolios and Specifications
    Table 100. Safran Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 101. Safran Main Business
    Table 102. Safran Latest Developments
    Table 103. Honeywell Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 104. Honeywell Flight Propulsion Systems Product Portfolios and Specifications
    Table 105. Honeywell Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 106. Honeywell Main Business
    Table 107. Honeywell Latest Developments
    Table 108. GKN Aerospace Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 109. GKN Aerospace Flight Propulsion Systems Product Portfolios and Specifications
    Table 110. GKN Aerospace Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 111. GKN Aerospace Main Business
    Table 112. GKN Aerospace Latest Developments
    Table 113. MTU Aero Engines Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 114. MTU Aero Engines Flight Propulsion Systems Product Portfolios and Specifications
    Table 115. MTU Aero Engines Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 116. MTU Aero Engines Main Business
    Table 117. MTU Aero Engines Latest Developments
    Table 118. United Engine Corporation Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 119. United Engine Corporation Flight Propulsion Systems Product Portfolios and Specifications
    Table 120. United Engine Corporation Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 121. United Engine Corporation Main Business
    Table 122. United Engine Corporation Latest Developments
    Table 123. Aero Engine Corporation of China Basic Information, Flight Propulsion Systems Manufacturing Base, Sales Area and Its Competitors
    Table 124. Aero Engine Corporation of China Flight Propulsion Systems Product Portfolios and Specifications
    Table 125. Aero Engine Corporation of China Flight Propulsion Systems Sales (Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 126. Aero Engine Corporation of China Main Business
    Table 127. Aero Engine Corporation of China Latest Developments
List of Figures
    Figure 1. Picture of Flight Propulsion Systems
    Figure 2. Flight Propulsion Systems Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Flight Propulsion Systems Sales Growth Rate 2018-2029 (Units)
    Figure 7. Global Flight Propulsion Systems Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Flight Propulsion Systems Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Air Breathing Engines
    Figure 10. Product Picture of Non-Air Breathing Engines
    Figure 11. Global Flight Propulsion Systems Sales Market Share by Type in 2022
    Figure 12. Global Flight Propulsion Systems Revenue Market Share by Type (2018-2023)
    Figure 13. Flight Propulsion Systems Consumed in Aircraft
    Figure 14. Global Flight Propulsion Systems Market: Aircraft (2018-2023) & (Units)
    Figure 15. Flight Propulsion Systems Consumed in Spacecraft
    Figure 16. Global Flight Propulsion Systems Market: Spacecraft (2018-2023) & (Units)
    Figure 17. Flight Propulsion Systems Consumed in Missiles
    Figure 18. Global Flight Propulsion Systems Market: Missiles (2018-2023) & (Units)
    Figure 19. Flight Propulsion Systems Consumed in Unmanned Aerial Vehicle
    Figure 20. Global Flight Propulsion Systems Market: Unmanned Aerial Vehicle (2018-2023) & (Units)
    Figure 21. Global Flight Propulsion Systems Sales Market Share by Application (2022)
    Figure 22. Global Flight Propulsion Systems Revenue Market Share by Application in 2022
    Figure 23. Flight Propulsion Systems Sales Market by Company in 2022 (Units)
    Figure 24. Global Flight Propulsion Systems Sales Market Share by Company in 2022
    Figure 25. Flight Propulsion Systems Revenue Market by Company in 2022 ($ Million)
    Figure 26. Global Flight Propulsion Systems Revenue Market Share by Company in 2022
    Figure 27. Global Flight Propulsion Systems Sales Market Share by Geographic Region (2018-2023)
    Figure 28. Global Flight Propulsion Systems Revenue Market Share by Geographic Region in 2022
    Figure 29. Americas Flight Propulsion Systems Sales 2018-2023 (Units)
    Figure 30. Americas Flight Propulsion Systems Revenue 2018-2023 ($ Millions)
    Figure 31. APAC Flight Propulsion Systems Sales 2018-2023 (Units)
    Figure 32. APAC Flight Propulsion Systems Revenue 2018-2023 ($ Millions)
    Figure 33. Europe Flight Propulsion Systems Sales 2018-2023 (Units)
    Figure 34. Europe Flight Propulsion Systems Revenue 2018-2023 ($ Millions)
    Figure 35. Middle East & Africa Flight Propulsion Systems Sales 2018-2023 (Units)
    Figure 36. Middle East & Africa Flight Propulsion Systems Revenue 2018-2023 ($ Millions)
    Figure 37. Americas Flight Propulsion Systems Sales Market Share by Country in 2022
    Figure 38. Americas Flight Propulsion Systems Revenue Market Share by Country in 2022
    Figure 39. Americas Flight Propulsion Systems Sales Market Share by Type (2018-2023)
    Figure 40. Americas Flight Propulsion Systems Sales Market Share by Application (2018-2023)
    Figure 41. United States Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Canada Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 43. Mexico Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 44. Brazil Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 45. APAC Flight Propulsion Systems Sales Market Share by Region in 2022
    Figure 46. APAC Flight Propulsion Systems Revenue Market Share by Regions in 2022
    Figure 47. APAC Flight Propulsion Systems Sales Market Share by Type (2018-2023)
    Figure 48. APAC Flight Propulsion Systems Sales Market Share by Application (2018-2023)
    Figure 49. China Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Japan Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 51. South Korea Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Southeast Asia Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 53. India Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Australia Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 55. China Taiwan Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Europe Flight Propulsion Systems Sales Market Share by Country in 2022
    Figure 57. Europe Flight Propulsion Systems Revenue Market Share by Country in 2022
    Figure 58. Europe Flight Propulsion Systems Sales Market Share by Type (2018-2023)
    Figure 59. Europe Flight Propulsion Systems Sales Market Share by Application (2018-2023)
    Figure 60. Germany Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 61. France Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 62. UK Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Italy Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 64. Russia Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 65. Middle East & Africa Flight Propulsion Systems Sales Market Share by Country in 2022
    Figure 66. Middle East & Africa Flight Propulsion Systems Revenue Market Share by Country in 2022
    Figure 67. Middle East & Africa Flight Propulsion Systems Sales Market Share by Type (2018-2023)
    Figure 68. Middle East & Africa Flight Propulsion Systems Sales Market Share by Application (2018-2023)
    Figure 69. Egypt Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 70. South Africa Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Israel Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Turkey Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 73. GCC Country Flight Propulsion Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Manufacturing Cost Structure Analysis of Flight Propulsion Systems in 2022
    Figure 75. Manufacturing Process Analysis of Flight Propulsion Systems
    Figure 76. Industry Chain Structure of Flight Propulsion Systems
    Figure 77. Channels of Distribution
    Figure 78. Global Flight Propulsion Systems Sales Market Forecast by Region (2024-2029)
    Figure 79. Global Flight Propulsion Systems Revenue Market Share Forecast by Region (2024-2029)
    Figure 80. Global Flight Propulsion Systems Sales Market Share Forecast by Type (2024-2029)
    Figure 81. Global Flight Propulsion Systems Revenue Market Share Forecast by Type (2024-2029)
    Figure 82. Global Flight Propulsion Systems Sales Market Share Forecast by Application (2024-2029)
    Figure 83. Global Flight Propulsion Systems Revenue Market Share Forecast by Application (2024-2029)

CFM
General Electric Company
Rolls-Royce Holdings
United Technologies
Safran
Honeywell
GKN Aerospace
MTU Aero Engines
United Engine Corporation
Aero Engine Corporation of China

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape